Level 3 Communications

Level 3 Communications is multinational telecommunications and Internet service provider company. The Company offers fiber-based infrastructure and data center solutions, IP-based voice and data communications, wide-area Ethernet services, video and content distribution, security solutions, and cloud-based solutions.

Company Growth (employees)
Type
Public
HQ
Broomfield, US
Founded
1998
Size (employees)
12,600 (est)
Website
level3.com
Level 3 Communications was founded in 1998 and is headquartered in Broomfield, US

Key People at Level 3 Communications

Jeff Storey

Jeff Storey

President & CEO
Andrew Dugan

Andrew Dugan

Chief Technology Officer
Sunit Patel

Sunit Patel

Executive Vice President & CFO
Anthony Christie

Anthony Christie

Chief Marketing Officer
Hector Alonso

Hector Alonso

Regional President, Latin America
Laurinda Pang

Laurinda Pang

Regional President, North America and Asia Pacific
John Ryan

John Ryan

Executive Vice President, Chief Legal Officer and Secretary
Atilla Tinic

Atilla Tinic

Chief Information Officer

Level 3 Communications Office Locations

Level 3 Communications has offices in Broomfield, Dublin, Brussel, Amsterdam and in 137 other locations
Broomfield, US (HQ)
1025 Eldorado Blvd
Chicago, US
101 N Upper Wacker Dr
Tustin, US
14452 Franklin Ave
Amsterdam, NL
Stekkenbergweg 4 Zuid-Oost
Brussel, BE
Léon Grosjeanlaan 2
Dublin, IE
Second Floor, Marconi House, Digges Lane
Show all (141)

Level 3 Communications Data and Metrics

Level 3 Communications Financial Metrics

Level 3 Communications's revenue was reported to be $2 b in Q1, 2017
USD

Revenue (Q1, 2017)

2 b

Net income (Q1, 2017)

95 m

EBIT (Q1, 2017)

337 m

Market capitalization (17-Aug-2017)

19.3 b

Cash (31-Mar-2017)

1.9 b
Level 3 Communications's current market capitalization is $19.3 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

6.3 b6.8 b8.2 b8.2 b

Revenue growth, %

(1%)7%21%(1%)

Cost of goods sold

2.5 b2.5 b2.8 b2.7 b

Gross profit

3.8 b4.2 b5.4 b5.4 b

Gross profit Margin, %

61%63%66%67%

General and administrative expense

1.4 b

Operating expense total

5.6 b5.8 b6.9 b6.7 b

Depreciation and amortization

800 m808 m1.2 b1.3 b

EBIT

666 m1 b1.3 b1.4 b

EBIT margin, %

11%15%16%18%

Interest expense

649 m654 m642 m546 m

Interest income

1 m1 m4 m

Pre tax profit

(71 m)238 m283 m842 m

Income tax expense

38 m(76 m)(3.2 b)165 m

Net Income

(109 m)314 m3.4 b677 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

1.6 b1.6 b2.1 b2.1 b2.1 b2.1 b2.1 b2 b2 b

Cost of goods sold

613 m

Gross profit

1 b

Gross profit Margin, %

62%

General and administrative expense

569 m266 m370 m364 m364 m356 m357 m348 m364 m

Operating expense total

569 m266 m370 m364 m364 m356 m357 m348 m364 m

EBIT

256 m262 m316 m350 m327 m362 m374 m354 m337 m

EBIT margin, %

16%16%15%17%16%18%18%17%16%

Interest expense

(149 m)(159 m)(180 m)(165 m)(145 m)(135 m)(140 m)(139 m)(134 m)

Interest income

1 m1 m1 m1 m2 m

Pre tax profit

63 m93 m127 m5 m17 m218 m190 m217 m165 m

Income tax expense

(12 m)(8 m)(5 m)(18 m)(16 m)(94 m)(41 m)(74 m)(70 m)

Net Income

163 m248 m122 m109 m110 m124 m273 m427 m95 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

631 m580 m854 m1.8 b

Current Assets

1.5 b1.5 b1.7 b2.7 b

PP&E

8.2 b9.9 b9.9 b10.1 b

Goodwill

2.6 b7.7 b7.7 b7.7 b

Total Assets

12.9 b20.9 b24.1 b24.9 b

Accounts Payable

625 m664 m629 m706 m

Total Debt

8.4 b11.3 b10.9 b10.9 b

Current Liabilities

1.4 b1.9 b1.4 b1.5 b

Total Liabilities

14 b

Additional Paid-in Capital

14.3 b19.2 b19.6 b19.8 b

Retained Earnings

(13 b)(12.7 b)(9.2 b)(8.5 b)

Total Equity

1.4 b6.4 b10.1 b10.9 b

Debt to Equity Ratio

5.9 x1.8 x1.1 x1 x

Debt to Assets Ratio

0.6 x0.5 x0.5 x0.4 x

Financial Leverage

9.1 x3.3 x2.4 x2.3 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

637 m729 m1.1 b549 m691 m1 b1.3 b1.6 b1.9 b

Current Assets

1.5 b2.6 b2.1 b1.5 b1.7 b2.8 b2.3 b2.5 b2.8 b

Goodwill

2.6 b2.6 b7.7 b7.7 b7.8 b7.7 b7.7 b7.7 b7.7 b

Total Assets

13 b14 b21.3 b20.9 b20.9 b25 b24.5 b24.7 b25.1 b

Accounts Payable

613 m607 m629 m637 m630 m680 m762 m728 m750 m

Current Liabilities

1.8 b1.9 b2 b1.4 b1.5 b2.2 b1.5 b1.5 b1.7 b

Additional Paid-in Capital

14.4 b14.4 b19.5 b19.6 b19.6 b19.7 b19.7 b19.8 b19.8 b

Retained Earnings

(12.8 b)(12.7 b)(12.5 b)(12.5 b)(12.5 b)(9.1 b)(8.9 b)(8.8 b)(8.4 b)

Total Equity

6.8 b6.8 b10.3 b10.5 b10.7 b11.1 b

Financial Leverage

3.1 x3.1 x2.4 x2.3 x2.3 x2.3 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(109 m)314 m3.4 b677 m

Depreciation and Amortization

1.3 b

Cash From Operating Activities

713 m1.2 b1.9 b2.3 b

Capital Expenditures

(760 m)(910 m)(1.2 b)(1.3 b)

Cash From Investing Activities

(745 m)(1.1 b)(1.3 b)(1.3 b)

Cash From Financing Activities

(294 m)(82 m)(219 m)(56 m)

Income Taxes Paid

33 m44 m50 m35 m

Free Cash Flow

(47 m)251 m626 m1 b
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

163 m248 m122 m109 m110 m124 m273 m427 m95 m

Depreciation and Amortization

371 m558 m288 m576 m872 m301 m611 m930 m320 m

Accounts Payable

(24 m)(22 m)(1 m)48 m132 m99 m42 m

Cash From Operating Activities

444 m765 m305 m724 m1.3 b510 m1.1 b1.8 b539 m

Capital Expenditures

(404 m)(608 m)(254 m)(571 m)(899 m)(297 m)(664 m)(1 b)(368 m)

Cash From Investing Activities

(402 m)(617 m)(252 m)(593 m)(1 b)(1.1 b)(652 m)(1 b)(368 m)

Cash From Financing Activities

(6 m)(9 m)490 m(150 m)(155 m)764 m(52 m)(54 m)(44 m)

Income Taxes Paid

24 m34 m7 m29 m40 m7 m18 m26 m10 m

Free Cash Flow

40 m157 m51 m153 m400 m213 m477 m758 m171 m
USDY, 2017

Revenue/Employee

162.5 k

Financial Leverage

2.3 x

Level 3 Communications Operating Metrics

Level 3 Communications's Customers was reported to be 47 k in Q2, 2017
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Buildings Connected

40.6 k41.4 k42.2 k42.9 k43.2 k43.9 k44.7 k45.35 k46.3 k47.2 k47.9 k

Customers

52 k52 k52 k52 k52 k51 k51 k50 k49 k48 k47 k

Patents Issued

1 k1 k1.4 k

Fiber Miles

64 k67 k69 k

Countries

606060

Markets

350350350

Data Centers

350360360

    Level 3 Communications Market Value History

    Level 3 Communications Revenue Breakdown

    Level 3 Communications Median Salaries

    Source: 105 public H-1B filings from Level 3 Communications

    Traffic Overview of Level 3 Communications

    Level 3 Communications Online and Social Media Presence

    Level 3 Communications Company Life and Culture

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