Lumen Technologies, Inc. (LUMN) — payout ratio, two ways
Fiscal year ending 2025-12-31 · sector Communications · computed from SEC filings, not taken from a data vendor.
| Basis | Payout | Why it differs |
|---|---|---|
| GAAP earnings | negative | The company lost $1.75 per share, so there are no earnings to pay a dividend out of and no ratio exists. |
| Free cash flow | 0.3% | What is left after maintaining the business. |
No operating cash flow figure is shown. This company does not report the inputs for it in its XBRL filings — capital expenditure, in particular, is often folded into a single investing total rather than tagged on its own. The figure is absent from the filings, not zero, and inventing one from a balance-sheet movement would be a guess dressed as a measurement.
The arithmetic
- GAAP earnings — dividends declared per share $0.00 ÷ diluted EPS $-1.75
- Free cash flow — dividends paid $1.0m ÷ (operating cash flow $4,738.0m − capex $4,367.0m)
Where the figures came from
- 10-K filed 2026-02-20 · accession
0000018926-26-000014
Every one is public at sec.gov and free to check. That is the point — you should not have to take my word for any of it.
Caveats on this company
- DPS derived from dividends paid ($0.00); no per-share tag filed
- basis discarded as outside the sane band (ratio too small to state): ocf
Computed by an open pipeline reading SEC XBRL directly. If any number here looks wrong to you, tell me — that is more useful to me than agreement.