Lumentum Holdings
Financial ratios & Valuation

Forward Multiples (2026 – 2027)

20262027
Price/Earnings ratio
-145.4831.16
Price/Sales ratio
4.323.88
Earnings per Share (EPS)
$-0.79$3.73

Historical Multiples (2015 – 2024)

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 TTM Median
Valuation Ratios
Price/Earnings ratio
-283.33150.29-33.6514.53-103.7342.6415.8427.85-29.44-6.27111.53-103.73
Price/Sales ratio
1.151.543.442.892.413.443.613.232.192.521.743.44
Price/Book Value ratio
2.532.625.263.752.523.303.192.952.853.572.063.30
Price/Cash Flow ratio
103.5816.1340.5814.5711.4311.028.5112.0621.54138.7410.4011.02
Price/Free Cash Flow ratio
-21.69303.85-64.9623.3723.0113.189.6215.0575.52-30.7816.2216.22
Price/Earnings Growth ratio
2.12-9.01-0.01-0.040.91-0.090.08-0.590.17-0.01-3.01-0.09
Dividend Yield
N/A0.03%0.02%0.01%0.01%N/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
30.80%30.70%31.75%34.63%27.20%38.73%44.93%46.04%32.20%18.50%39.13%27.20%
Operating Profit Margin
-2.79%1.27%4.75%11.21%-4.00%3.33%8.77%8.58%-6.54%-31.93%5.12%-4.00%
Pretax Profit Margin
-2.92%1.07%-5.97%10.37%-2.12%10.38%26.57%13.72%-5.79%-29.84%3.17%-2.12%
Net Profit Margin
-0.40%1.02%-10.23%19.88%-2.32%8.07%22.79%11.61%-7.44%-40.20%1.56%-2.32%
Effective Tax Rate
86.12%4.12%-71.40%-91.73%-9.30%22.26%14.20%15.39%-28.51%-34.70%50.77%-9.30%
Return on Assets
-0.66%1.28%-8.31%15.68%-1.33%4.11%11.18%4.77%-2.84%-13.89%0.64%-1.33%
Return On Equity
-0.89%1.74%-15.65%25.79%-2.43%7.74%20.13%10.60%-9.70%-57.08%1.66%-2.43%
Return on Capital Employed
-5.99%2.08%4.53%10.23%-2.58%1.85%5.29%4.26%-2.89%-11.84%2.60%-2.58%
Liquidity Ratios
Current Ratio
2.542.815.055.264.537.243.66N/AN/AN/A3.067.24
Quick Ratio
1.722.234.264.543.756.573.374.033.734.422.466.57
Cash ratio
0.110.901.481.851.471.051.161.801.351.620.721.05
Days of Sales Outstanding
65.6268.9160.6057.6555.4950.7744.5655.8350.8352.2865.9055.49
Days of Inventory outstanding
62.8258.6877.5368.7373.2967.0474.6998.79124.48131.27120.2173.29
Operating Cycle
128.45127.60138.14126.39128.79117.81119.26154.63175.32183.56136.46128.79
Days of Payables Outstanding
49.0969.0061.3056.6151.5153.5244.4661.8951.6141.6167.3651.51
Cash Conversion Cycle
79.3658.5976.8369.7877.2864.2974.8092.73123.71141.9428.1864.29
Debt Ratios
Debt Ratio
N/AN/A0.250.210.300.340.330.450.620.640.650.30
Debt Equity Ratio
N/AN/A0.480.340.560.640.591.002.112.621.860.56
Long-term Debt to Capitalization
N/AN/A0.320.250.350.390.280.430.650.720.550.35
Total Debt to Capitalization
N/AN/A0.320.250.350.390.370.500.670.720.600.35
Interest Coverage Ratio
-33.421158.658.08-0.593.334.90N/AN/AN/A1.47-0.59
Cash Flow to Debt Ratio
N/AN/A0.260.740.390.460.620.240.060.000.120.46
Company Equity Multiplier
1.341.361.881.641.811.881.802.213.414.102.861.81
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.010.090.080.190.210.310.420.260.100.010.160.31
Free Cash Flow / Operating Cash Flow Ratio
-4.770.05-0.620.620.490.830.880.800.28-4.500.640.49
Cash Flow Coverage Ratio
N/AN/A0.260.740.390.460.620.240.060.000.120.46
Short Term Coverage Ratio
N/AN/AN/AN/A66.02N/A1.891.120.551.840.70N/A
Dividend Payout Ratio
N/A5.37%-0.87%0.28%-1.92%N/AN/AN/AN/AN/AN/A-1.92%