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Lumentum Holdings Inc. USD

Update

Supplies optical and photonic products for telecom, datacom, and 3D sensing.

Sector: United States — large cap (SEC filings)

US_LITE

Price chart

957.24 USDDay 3.87%

Key metrics

Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.

Market

Price
957.24 USD · 3.87%
Market cap
66.6 bn USD

Growth

Δ revenue y/y
90.1%
Δ EBITDA y/y

Multiples

P/E (LTM)
365.1x
P/B (FY)
P/E (ann.)
115.5x
EV/EBITDA (LTM)
EV/EBITDA (ann.)
73.1x

Cash return

Dividend yield
FCF yield (LTM)
-5.8%

Value creation

fundamental value/yr, % of market cap
Value created / year

Liquidity

Daily turnover (US listing)
5 bln USD

Shares: yahoo_fundamentals_timeseries/LITE

🔍 Sanity check — subtotal consistency (Level-1 + Level-2) OK: 0 / Warn: 7 / Err: 6 / Autofix applied: 0
Port of PHP subtotal-total + sign-flip detection logic
PeriodIssues
2023-04-01 Q3Warn 2
2023-07-01 FYWarn 2
2023-09-30 Q1Warn 4
2023-12-30 Q2Warn 3
2024-03-30 Q3Errors 1Warn 2
2024-06-29 FYWarn 1
2024-09-28 Q1Errors 2Warn 1
2024-12-28 Q2Warn 1
2025-03-29 Q3Errors 1Warn 3
2025-06-28 FYWarn 1
2025-09-27 Q1Errors 4Warn 5
2025-12-27 Q2Errors 4Warn 2
2026-03-28 Q3Errors 3Warn 2
All checks pass · Has warnings (review) · Has errors (needs fix) · ✓* Autofix applied (see evidence)

Financial dynamics

Monetary columns are in M USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.

DatePeriodStatusRevenueM USDOperating profitM USDD&AM USDEBITDAM USDNet profitM USDOperating CFM USDCapex + M&AM USDAssetsM USDEquityM USDROE (annualized)Net debtM USDSource
2026-03-28Q1 2026 (3M)OK808.4
y/y 90.1%
174.5
y/y
66.6
y/y 12.1%
241.1
y/y 1011.1%
144.2
y/y
203.8-124.77027.9
y/y 76.8%
2973.4
y/y 238.1%
10.1%3915.1Link
2025-12-27Q4 2025 (3M)OK665.5
y/y 65.5%
64.3
y/y
64.6
y/y -0.5%
128.9
y/y 869.2%
78.2
y/y
126.7-83.64805.3
y/y 21.2%
846.6
y/y -2.9%
38.4%5882.5Link
2025-09-27Q3 2025 (3M)OK533.8
y/y 58.4%
6.7
y/y
62.2
y/y -9.5%
68.9
y/y
4.2
y/y
57.9-76.24613.1
y/y 16.2%
780.8
y/y -12.8%
1.8%3561.8Link
2025-06-28Q2 2025 (3M)OK480.7
y/y 55.9%
-8.4
y/y 93.7%
61.0
y/y -13.0%
52.6
y/y 183.1%
213.3
y/y 184.5%
64.0-53.94218.7
y/y 7.3%
1134.7
y/y 18.5%
2.6%2074.5Link
2025-03-29Q1 2025 (3M)OK425.2
y/y 16.0%
-37.7
y/y
59.4
y/y -14.0%
21.7
y/y
-44.1
y/y
-1.6-62.83975.0
y/y -5.5%
879.5
y/y -25.3%
-6.7%2077.9Link
2024-12-28Q4 2024 (3M)OK402.2
y/y 9.7%
-51.6
y/y
64.9
y/y 0.2%
13.3
y/y
-60.9
y/y
24.3-40.23966.1
y/y -14.8%
872.3
y/y -31.7%
-27.6%2102.5Link
2024-09-28Q3 2024 (3M)OK336.9
y/y 6.1%
-82.4
y/y
68.7
y/y 20.1%
-13.7
y/y
-82.4
y/y
39.6-74.13969.6
y/y -12.7%
895.9
y/y -31.7%
-35.6%2102.7Link
2024-06-29Q2 2024 (3M)OK308.3
y/y
-133.4
y/y
70.1
y/y
-63.3
y/y
-252.5
y/y
35.5-24.63931.9
y/y -15.1%
957.3
y/y -29.4%
-51.2%2079.9Link
2024-03-30Q1 2024 (3M)OK366.5
y/y -4.4%
-114.6
y/y
69.1
y/y 19.8%
-45.5
y/y -822.2%
-127.0
y/y
-7.0-19.64204.5
y/y -3.4%
1176.7
y/y -23.5%
-13.8%-411.2Link
2023-12-30Q4 2023 (3M)OK366.8
y/y
-105.2
y/y
64.8
y/y
-40.4
y/y
-99.1
y/y
-1.5-31.04656.0
y/y
1277.8
y/y
-30.6%-454.8Link
2023-09-30Q3 2023 (3M)OK317.6
y/y
-80.8
y/y
57.2
y/y
-23.6
y/y
-67.9
y/y
-2.3-57.84545.0
y/y
1310.8
y/y
-20.4%-849.7Link
2023-07-01FY 2023 (12M)OK1767.0
y/y
-115.7
y/y
234.3
y/y
118.6
y/y
-131.6
y/y
179.8-128.54632.1
y/y
1355.8
y/y
-9.1%-844.6Link
2023-04-01Q2 2023 (3M)OK383.4
y/y
-51.4
y/y
57.7
y/y
6.3
y/y
-39.3
y/y
14.9-29.44354.0
y/y
1538.0
y/y
1792.2Link
Data quality No obvious scale, balance-sheet, or cash-flow sanity issues in the displayed periods.

Revenue & EBITDA

RevenueEBITDA

Quarterly values ($ mln)

-20002004006008002023 q32023 q42024 q12024 q32024 q42025 q12025 q32025 q42026 q1

Year-over-year change

0%25%50%75%100%2023 q32023 q42024 q12024 q32024 q42025 q12025 q32025 q42026 q1

Cash flow

FCF ($ mln)

-400-20002002023 q32023 q42024 q12024 q32024 q42025 q12025 q32025 q42026 q1

Net debt / cash ($ mln)

-2 00002 0004 0006 0002023 q42024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q1

Revenue growth & acceleration

Growth accelerating ▲
Last-year revenue growth +21% vs -23% the year before — a +44.1 pp move. 3-year CAGR -1%.
revenue growth by year: 2023 +3% · 2024 -23% · 2025 +21%
The growth-acceleration signal behind the GARP+acceleration strategy — it favours companies whose revenue growth is speeding up and flags those slowing down (the second derivative of growth).

Fundamental value creation

Value the company creates per year, as a % of market cap

Value created per year: -24.2%

How this was calculated
1. EBITDA growth (latest quarter YoY, annualised)
[EBITDA latest qtr − EBITDA year-ago qtr] × annualisation X (2026-03-28 vs 2025-03-29)
= (241 − 95) × 1.22
178
2. Current EV/EBITDA (LTM)
(Market cap + Net debt) ÷ EBITDA (LTM)
= (66 624 + 3 915) ÷ 293
30.0x — capped at 30x
3. Target multiple
(Current EV/EBITDA + 12) ÷ 2
= (30.0 + 12) ÷ 2
21.0x
4. Cash flow (balance method, LTM)
Net-debt reduction + dividends + buybacks − equity issuance
= -1 837 + 0 + 0 − 2 000
-1 837
4b. Share dilution (at market, LTM)
Share-count growth over the year × Market cap
= 27.0% × 66 624
−18 012
5. Value created per year
(EBITDA growth × Target multiple + Cash flow − Dilution) ÷ Market cap
= (178 × 21.0 + -1 837 − 18 012) ÷ 66 624
-24.2%

Amounts in millions of the reporting currency. EBITDA growth is the latest quarter vs the same quarter a year ago, annualised.

Caveats:

Dividends

No dividend rows found for this issuer (checked: Yahoo Finance (ex-div)).

Reporting forms detected in loaded periods: (Balance sheet / Profit or loss (P&L) / Cash flows)