Lumen Technologies (FRA:CYTH) Tax Rate % : 13.95% (As of Sep. 2024)

View and export this data going back to 1978. Start your Free Trial

What is Lumen Technologies Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Lumen Technologies's Tax Expense for the three months ended in Sep. 2024 was €-22 Mil. Lumen Technologies's Pre-Tax Income for the three months ended in Sep. 2024 was €-155 Mil. Therefore, Lumen Technologies's Tax Rate % for the quarter that ended in Sep. 2024 was 13.95%.

Lumen Technologies Tax Rate % Historical Data

The historical data trend for Lumen Technologies's Tax Rate % 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.

* Premium members only.

Lumen Technologies Tax Rate % Chart

Lumen Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

-10.55

-57.54

24.73

-56.21

-0.60

Lumen Technologies Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															8.24	6.86	44.12	-19.51	13.95

Lumen Technologies Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Lumen Technologies's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	55.937	/	-9387.329
	=	-0.60 %

Lumen Technologies's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	-21.624	/	-154.972
	=	13.95 %

Lumen Technologies Tax Rate % Related Terms

Thank you for viewing the detailed overview of Lumen Technologies's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Lumen Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Lumen Technologies Inc (FRA:CYTH) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

LUMN:USA LUMN:Mexico 1CYTH:Italy 0HVP:UK CYTH:Germany L1MN34:Brazil

Address

100 CenturyLink Drive, Monroe, LA, USA, 71203

Website

https://www.lumen.com

With 450,000 route miles of fiber, 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 about 75% 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.