OverviewSuggest Edit

Lumen Technologies (formerly known as CenturyLink) is a company that provides an enterprise technology platform that enables businesses to capitalize on emerging applications. It offers solutions that integrate global network infrastructure, cloud connectivity, edge computing, connected security, voice, collaboration, and enterprise-class services.
TypePublic
Founded1968
HQMonroe, LA, US
Websitelumen.com
Employee Ratings3.3
Overall CultureA+

Latest Updates

Employees (est.) (Mar 2021)38,000(-2%)
Job Openings1,480
Revenue (FY, 2020)$20.7 B(-7%)
Share Price (Jul 2021)$12.9
Cybersecurity ratingCMore

Key People/Management at Lumen

Jeff Storey

Jeff Storey

President and CEO
Andrew Dugan

Andrew Dugan

Chief Technology Officer
Fletcher Keister

Fletcher Keister

Executive Vice President, Chief Transformation Officer
Shaun Andrews

Shaun Andrews

Executive Vice President and Chief Marketing Officer
Richard Batelaan

Richard Batelaan

Executive Vice President, North America Operations
Neel Dev

Neel Dev

Executive Vice President and Chief Financial Officer
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Lumen Office Locations

Lumen has offices in Monroe, Atlanta, Chesterfield, Chicago and in 43 other locations
Monroe, LA, US (HQ)
100 Centurylink Dr
Atlanta, GA, US
Tower Place 100, 3340 Peachtree Rd NE #200
Chesterfield, MO, US
1 Solutions Pkwy
Chicago, IL, US
10 S LaSalle St #2400
Denver, CO, US
931 14th St
El Segundo, CA, US
200 N Nash St
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Lumen Financials and Metrics

Lumen Revenue

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Lumen's revenue was reported to be $20.71 b in FY, 2020 which is a 7.5% decrease from the previous period.
USD

Revenue (Q1, 2021)

5.0b

Gross profit (Q1, 2021)

2.9b

Gross profit margin (Q1, 2021), %

57.5%

Net income (Q1, 2021)

475.0m

EBITDA (Q1, 2021)

2.2b

EBIT (Q1, 2021)

987.0m

Market capitalization (21-Jul-2021)

14.2b

Closing stock price (21-Jul-2021)

12.9

Cash (31-Dec-2020)

406.0m

EV

46.3b
Lumen's current market capitalization is $14.2 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

17.7b23.4b22.4b20.7b

Revenue growth, %

1%33%(4%)(8%)

Cost of goods sold

8.2b10.9b10.1b8.9b

Gross profit

9.5b12.6b12.3b11.8b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

5.9b5.9b5.8b5.6b5.6b5.6b5.2b5.2b5.2b5.0b

Cost of goods sold

2.8b2.7b2.7b2.5b2.4b2.6b2.2b2.2b2.2b2.1b

Gross profit

3.1b3.2b3.1b3.1b3.1b3.0b3.0b3.0b2.9b2.9b

Gross profit Margin, %

53%54%54%55%56%54%57%57%57%58%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

551.0m488.0m1.7b406.0m

Accounts Receivable

2.6b2.4b2.3b2.0b

Prepaid Expenses

294.0m307.0m274.0m

Inventories

128.0m120.0m105.0m
Quarterly
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

1.4b(1.7b)(5.3b)(1.2b)

Depreciation and Amortization

3.9b5.1b4.8b4.7b

Accounts Payable

(123.0m)124.0m(261.0m)(543.0m)

Cash From Operating Activities

3.9b7.0b6.7b6.5b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

115.0m407.0m679.0m(6.2b)(5.8b)(5.5b)314.0m691.0m1.1b

Depreciation and Amortization

1.3b2.6b3.9b1.2b2.4b3.6b1.2b2.3b3.5b

Accounts Payable

(14.0m)(173.0m)(151.0m)(239.0m)(266.0m)(265.0m)(115.0m)(227.0m)(325.0m)

Cash From Operating Activities

1.7b3.2b5.0b1.2b2.9b4.8b1.3b3.0b4.8b
USDFY, 2017

Revenue/Employee

398.3k

Debt/Equity

1.6 x

Debt/Assets

0.5 x

Financial Leverage

3.2 x
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Lumen Operating Metrics

Lumen's Enterprise Customers was reported to be 200 in Q3, 2020.
FY, 2017FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020

Countries

606060606060606060

Enterprise Customers

200200200200200200200

Fiber Miles

450 k450 k450 k

Locations

360360
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Lumen Acquisitions / Subsidiaries

Company NameDateDeal Size
StreamrootSeptember 10, 2019
SEAL ConsultingJanuary 09, 2017
Level 3 CommunicationsOctober 31, 2016$34 b
Level 3 ParentOctober 31, 2016$34 b
ElasticBox, Inc.June 14, 2016$20 m
netAuraMarch 30, 2016
OrchestrateApril 22, 2015
CognilyticsDecember 11, 2014
DataGardensDecember 08, 2014
Tier 3November 19, 2013$200 m
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Lumen Revenue Breakdown

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Lumen revenue breakdown by business segment: 12.3% from Small and Medium Businesses, 25.4% from Consumer, 16.4% from International and Global Accounts, 27.6% from Enterprise and 18.2% from Wholesale

Human Capital Metrics

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Lumen Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

Lumen Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Lumen Online and Social Media Presence

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Lumen Company Culture

  • Overall Culture

    A+

    83/100

  • CEO Rating

    B

    70/100

  • Compensation

    A+

    100/100

Learn more on Comparably

Lumen News and Updates

Lumen Technologies Announces Issuances of Notices to Redeem Qwest Corporation Notes

Lumen Technologies (NYSE: LUMN) announced today that Qwest Corporation, its indirect, wholly-owned subsidiary ("Qwest"), issued notices to redeem the remaining $160 million outstanding aggregate principal amount of its 6.625% Notes due 2055 (the "Qwest Notes") on Oct. 9, 2020.

Lumen amplia "Colombia XV", su data center de Bogotá

Lumen (NYSE: LUMN) – amplió "Colombia XV", su data center en Bogotá, para ayudar a satisfacer las demandas de los clientes corporativos y permitir que las empresas aprovechen al máximo sus aplicaciones con acceso, administración y gestión de datos mejorados. La ampliación consolida el footprint de…

Lumen Technologies Sets Third Quarter 2020 Earnings Call Date

Lumen Technologies (NYSE: LUMN) will release its third quarter 2020 results on Nov. 4, 2020. The company will broadcast a live conference call on its Investor Relations website at http://ir.lumen.com at 5 p.m. ET.

Lumen Technologies Announces Completion of Partial Redemption of Qwest Corporation Notes

Lumen Technologies (NYSE: CTL) announced today that Qwest Corporation, its indirect, wholly-owned subsidiary ("Qwest"), completed its previously-announced partial redemption of $250 million aggregate principal amount of its 6.625% Notes due 2055 (the "Qwest Notes") on Sept. 15, 2020.

CenturyLink Transforms, Rebrands as Lumen

CenturyLink has a new brand name and bold new purpose. As Lumen Technologies, or simply Lumen, the company will help lead enterprises through the challenges and opportunities of the 4th Industrial Revolution – a time when smart, connective devices are everywhere. Lumen® brings a new focus to how it …

CenturyLink Announces Completion of Redemption of Level 3 Financing Notes

CenturyLink Inc. (NYSE: CTL) announced that Level 3 Financing Inc., its indirect, wholly-owned subsidiary ("Level 3 Financing"), pursuant to the redemption notices issued on Aug. 12, 2020 , has completed the redemption of all $140 million aggregate principal amount of Level 3 Financing's 5.625% Seni…
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Lumen Frequently Asked Questions

  • When was Lumen founded?

    Lumen was founded in 1968.

  • Who are Lumen key executives?

    Lumen's key executives are Jeff Storey, Andrew Dugan and Fletcher Keister.

  • How many employees does Lumen have?

    Lumen has 38,000 employees.

  • What is Lumen revenue?

    Latest Lumen annual revenue is $20.7 b.

  • What is Lumen revenue per employee?

    Latest Lumen revenue per employee is $545.1 k.

  • Who are Lumen competitors?

    Competitors of Lumen include Cisco, Vmware and Infor.

  • Where is Lumen headquarters?

    Lumen headquarters is located at 100 Centurylink Dr, Monroe.

  • Where are Lumen offices?

    Lumen has offices in Monroe, Atlanta, Chesterfield, Chicago and in 43 other locations.

  • How many offices does Lumen have?

    Lumen has 47 offices.