Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Lumen Technologies's share price for the quarter that ended in Dec. 2023 was $12.21. Lumen Technologies's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 1,008 Mil. Therefore, Lumen Technologies's market cap for the quarter that ended in Dec. 2023 was $12,314 Mil.
Lumen Technologies's quarterly market cap
increased
from Jun. 2023 ($12,309 Mil) to Sep. 2023 ($12,319 Mil) but then
declined
from Sep. 2023 ($12,319 Mil) to Dec. 2023 ($12,314 Mil).
Lumen Technologies's annual market cap
declined
from Dec. 2021 ($12,497 Mil) to Dec. 2022 ($12,231 Mil) but then
increased
from Dec. 2022 ($12,231 Mil) to Dec. 2023 ($12,314 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Lumen Technologies's Enterprise Value for Today is $19,251 Mil.
Lumen Technologies Market Cap Historical Data
The historical data trend for Lumen Technologies's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Lumen Technologies's Market Cap
For the Telecom Services subindustry, Lumen Technologies's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Lumen Technologies's Market Cap Distribution in the Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Lumen Technologies's Market Cap distribution charts can be found below:
* The bar in red indicates where Lumen Technologies's Market Cap falls into.
Lumen Technologies Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Lumen Technologies's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Lumen Technologies (LTS:0HVP) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Lumen Technologies Market Cap Related Terms
Thank you for viewing the detailed overview of Lumen Technologies's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Lumen Technologies (LTS:0HVP) Business Description
With 450,000 route miles of fiber, including over 35,000 route miles of subsea fiber connecting Europe, Asia, and Latin America, Lumen Technologies is one of the United States' largest telecommunications carriers serving global enterprises. Its merger with Level 3 in 2017 and divestiture of much of its incumbent local exchange carrier, or ILEC, business in 2022 has shifted the company's operations away from its legacy consumer business and toward enterprises (now nearly 80% of revenue). Lumen offers businesses a full menu of communications services, providing colocation and data center services, data transportation, and end-user phone and internet service. On the consumer side, Lumen provides broadband and phone service across 37 states, where it has 4.5 million broadband customers.
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