Financials Lumentum Holdings Inc.

Equities

LITE

US55024U1097

Communications & Networking

Market Closed - Nasdaq Other stock markets 21:00:00 05/12/2025 GMT			5-day change	1st Jan Change
331.41 ^USD	+1.09%		+1.92%	+294.77%

12-05	The Most Overhyped PCE Print in Wall Street History
12-05	Analyst recommendations: Humana, Newmont, Robert Half, Apple, Macy's…

Projected Income Statement: Lumentum Holdings Inc.

Fiscal Period: June	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	1,743	1,713	1,767	1,359	1,645	2,603	3,417	3,948
Change	-	-1.73%	3.18%	-23.08%	21.03%	58.24%	31.25%	15.55%
EBITDA ¹	621	608.6	431.7	140.5	264.2	673.1	959.2	1,165
Change	-	-2%	-29.07%	-67.45%	88.04%	154.77%	42.5%	21.44%
EBIT ¹	536.1	527	339.2	37.8	160.1	538.1	814.5	983.3
Change	-	-1.7%	-35.64%	-88.86%	323.54%	236.08%	51.38%	20.71%
Interest Paid ¹	-63.9	-1.6	-11.2	-42.5	-15.2	-22.5	-19.6	-13.93
Earnings before Tax (EBT) ¹	463.1	235.1	-102.4	-405.7	-172.1	233.7	599.8	758
Change	-	-49.23%	-143.56%	-296.19%	57.58%	235.78%	156.67%	26.38%
Net income ¹	397.3	198.9	-131.6	-546.5	25.9	222.5	461.9	467.8
Change	-	-49.94%	-166.16%	-315.27%	104.74%	759.12%	107.57%	1.29%
Announcement Date	18/08/21	16/08/22	17/08/23	14/08/24	12/08/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: June	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3	2027 Q4	2028 Q1
Net sales ¹	478.8	419.5	392.1	448.4	446.7	395.4	422.1	506.8	506	383.4	370.8	317.6	366.8	366.5	308.3	336.9	402.2	425.2	480.7	533.8	646.1	689	750.1	808.7	871.5	876.4	914.7	921.5
Change	-	-12.39%	-6.53%	14.36%	-0.38%	-11.48%	6.75%	20.07%	-0.16%	-24.23%	-3.29%	-14.35%	15.49%	-0.08%	-15.88%	9.28%	19.38%	5.72%	13.05%	11.05%	21.05%	6.63%	8.86%	7.82%	7.77%	0.55%	4.38%	0.74%
EBITDA ¹	193.7	139.9	117.5	179.5	162.4	125.1	142	161.9	133.4	77	59.4	34.6	39	41	25.9	37	57.6	71	98.7	127.6	180.7	187.3	206.1	225.7	235.4	237	244.1	266
Change	-	-27.77%	-16.01%	52.77%	-9.53%	-22.97%	13.51%	14.01%	-17.6%	-42.28%	-22.86%	-41.75%	12.72%	5.13%	-36.83%	42.86%	55.68%	23.26%	39.01%	29.28%	41.64%	3.61%	10.07%	9.51%	4.27%	0.68%	3.01%	8.99%
EBIT ¹	169.9	117.1	96.6	158.9	141.6	104.9	121.6	137.4	116.7	51.4	33.7	10.6	13	15	-0.8	10	31.7	46.1	72.3	99.8	132.3	148.5	170	188	211	209.4	224.4	232
Change	-	-31.08%	-17.51%	64.49%	-10.89%	-25.92%	15.92%	12.99%	-15.07%	-55.96%	-34.44%	-68.55%	22.64%	15.38%	-105.33%	1,350%	217%	45.43%	56.83%	38.04%	32.61%	12.21%	14.48%	10.59%	12.21%	-0.72%	7.13%	3.4%
Charge d'intérêts ¹	-16.3	-14	-17.3	-0.9	-1	-0.9	1.2	-1.2	-5.1	-8.7	-3	-4.8	-12.3	-9	-5.4	-4.8	-4.2	-2.9	-3.5	-	-5.067	-5.4	-5.6	-5.35	-5.35	-5.35	-5.35	-4.85
Earnings before Tax (EBT) ¹	98.1	252.9	28.5	99.6	69.1	29.3	37.1	18.8	-27.1	-48.7	-45.4	-69.3	-101.5	-107.4	-127.5	-79.2	-42.3	-39.2	-11.4	5.2	70.1	79.1	113.1	136.3	175.4	193.3	236	-
Change	-	157.8%	-88.73%	249.47%	-30.62%	-57.6%	26.62%	-49.33%	-244.15%	-79.7%	6.78%	-52.64%	-46.46%	-5.81%	-18.72%	37.88%	46.59%	7.33%	70.92%	145.61%	1,248.08%	12.84%	42.98%	20.51%	28.69%	10.21%	22.09%	-
Net income ¹	83.2	225.5	21.5	81.5	56.7	26	34.7	-0.4	-31.7	-39.3	-60.2	-67.9	-99.1	-127	-252.5	-82.4	-60.9	-44.1	213.3	4.2	54.12	65.74	82.39	102.3	124.6	122.8	135	117.1
Change	-	171.03%	-90.47%	279.07%	-30.43%	-54.14%	33.46%	-101.15%	-7,825%	-23.97%	-53.18%	-12.79%	-45.95%	-28.15%	-98.82%	67.37%	26.09%	27.59%	583.67%	-98.03%	1,188.61%	21.47%	25.32%	24.17%	21.82%	-1.49%	9.98%	-13.24%
Announcement Date	02/02/21	12/05/21	18/08/21	04/11/21	03/02/22	04/05/22	16/08/22	08/11/22	09/02/23	09/05/23	17/08/23	08/11/23	08/02/24	06/05/24	14/08/24	07/11/24	06/02/25	06/05/25	12/08/25	04/11/25	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Lumentum Holdings Inc.

Fiscal Period: June	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt ¹	-766	-673	798	1,616	1,696	2,073	1,678	1,099
Change	-	12.14%	218.57%	102.51%	4.95%	22.22%	-19.05%	-34.51%
Announcement Date	18/08/21	16/08/22	17/08/23	14/08/24	12/08/25	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Lumentum Holdings Inc.

Fiscal Period: June	2021	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	94.8	91.2	128.5	133	231	234.3	250.2	325.9
Change	-	-3.8%	40.9%	3.5%	73.68%	1.45%	6.75%	30.27%
Free Cash Flow (FCF) ¹	643.9	368.1	51.3	-108.3	-104.7	241.6	488.9	647.7
Change	-	-42.83%	-86.06%	-311.11%	3.32%	330.71%	102.41%	32.47%
Announcement Date	18/08/21	16/08/22	17/08/23	14/08/24	12/08/25	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Lumentum Holdings Inc.

Fiscal Period: June	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	35.63%	35.54%	24.43%	10.34%	16.06%	25.86%	28.08%	29.51%
EBIT Margin (%)	30.76%	30.77%	19.2%	2.78%	9.73%	20.67%	23.84%	24.91%
EBT Margin (%)	26.57%	13.73%	-5.8%	-29.85%	-10.46%	8.98%	17.56%	19.2%
Net margin (%)	22.8%	11.61%	-7.45%	-40.21%	1.57%	8.55%	13.52%	11.85%
FCF margin (%)	36.95%	21.49%	2.9%	-7.97%	-6.36%	9.28%	14.31%	16.41%
FCF / Net Income (%)	162.07%	185.07%	-38.98%	19.82%	-404.25%	108.56%	105.86%	138.45%
Profitability
ROA	14.46%	11.65%	7.17%	1.6%	3.59%	10.59%	12.43%	13.99%
ROE	26.6%	23.35%	19.5%	5.94%	14%	35.57%	39.6%	34.13%
Financial Health
Leverage (Debt/EBITDA)	-	-	1.85x	11.5x	6.42x	3.08x	1.75x	0.94x
Debt / Free cash flow	-	-	15.56x	-14.92x	-16.2x	8.58x	3.43x	1.7x
Capital Intensity
CAPEX / Current Assets (%)	5.44%	5.33%	7.27%	9.79%	14.04%	9%	7.32%	8.26%
CAPEX / EBITDA (%)	15.27%	14.99%	29.77%	94.66%	87.43%	34.82%	26.08%	27.98%
CAPEX / FCF (%)	14.72%	24.78%	250.49%	-122.81%	-220.63%	97.02%	51.17%	50.32%
Items per share
Cash flow per share ¹	-	-	2.632	0.367	1.815	9.88	13.13	15.08
Change	-	-	-	-86.06%	394.47%	444.44%	32.89%	14.85%
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	27.02	27.57	20.4	14.1	16.44	16.43	27.06	36.69
Change	-	2.03%	-26.02%	-30.89%	16.64%	-0.08%	64.65%	35.61%
EPS ¹	5.07	2.68	-1.93	-8.12	0.37	2.272	5.294	5.576
Change	-	-47.14%	-172.01%	-320.73%	104.56%	514.13%	132.99%	5.33%
Nbr of stocks (in thousands)	75,900	69,000	68,700	67,600	69,400	70,913	70,913	70,913
Announcement Date	18/08/21	16/08/22	17/08/23	14/08/24	12/08/25	-	-	-