LUMN vs SHEN
Lumen Technologies, Inc. and Shenandoah Telecommunications Co., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | LUMN | SHEN |
|---|---|---|
| Revenue | $12.4B | $357.9M |
| Net income | $-1.7B | $-32.9M |
| Gross margin | 46.5% | 63.6% |
| Net margin | −14.0% | −9.2% |
| Return on equity | · | −3.7% |
| Diluted EPS | −$1.75 | −$0.71 |
| Dividend / share | · | $0.11 |
| Payout ratio | −0.1% | −19.6% |
| Free cash flow | $371.0M | $-257.9M |
| Equity | $-1.1B | $880.8M |
| Net debt / equity | · | 0.68× |
| Current ratio | 1.80× | 0.90× |
| Revenue CAGR 5y | −9.7% | 10.1% |
| Profit CAGR 5y | · | · |
LUMN bills 34.7× the revenue of SHEN, and both closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | LUMN | SHEN |
|---|---|---|
| FY2025 | $12.4B | $357.9M |
| FY2024 | $13.1B | $328.1M |
| FY2023 | $14.6B | $269.1M |
| FY2022 | $17.5B | $248.9M |
| FY2021 | $19.7B | $245.2M |
| FY2020 | $20.7B | $220.8M |
| FY2019 | $21.5B | $206.9M |
| FY2018 | $22.6B | $192.7M |
| FY2017 | $17.7B | $612.0M |
| FY2016 | $17.5B | $535.3M |
Bottom line
| Fiscal year | LUMN | SHEN |
|---|---|---|
| FY2025 | $-1.7B | $-32.9M |
| FY2024 | $-55.0M | $193.8M |
| FY2023 | $-10.3B | $8.0M |
| FY2022 | $-1.5B | $-8.4M |
| FY2021 | $2.0B | $998.8M |
| FY2020 | $-1.2B | $125.7M |
| FY2019 | $-5.3B | $55.5M |
| FY2018 | $-1.7B | $46.6M |
| FY2017 | $1.4B | $66.4M |
| FY2016 | $626.0M | $-895,000 |
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$12,044,146,000 | LUMN |
| FY2024 | +$12,779,942,000 | LUMN |
| FY2023 | +$14,287,869,000 | LUMN |
| FY2022 | +$17,229,089,000 | LUMN |
| FY2021 | +$19,441,761,000 | LUMN |
| FY2020 | +$20,491,225,000 | LUMN |
| FY2019 | +$21,251,138,000 | LUMN |
| FY2018 | +$22,387,317,000 | LUMN |
| FY2017 | +$17,044,009,000 | LUMN |
| FY2016 | +$16,934,712,000 | LUMN |
| FY2015 | +$17,557,515,000 | LUMN |
| FY2014 | +$17,704,054,000 | LUMN |
| FY2013 | +$17,786,058,000 | LUMN |
| FY2012 | +$18,087,925,000 | LUMN |
| FY2011 | +$15,099,855,000 | LUMN |
| FY2010 | +$6,846,794,000 | LUMN |
| FY2009 | +$4,813,065,000 | LUMN |
LUMN has reported the higher revenue in every one of these 17 fiscal years. The gap has widened since the earliest year compared.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −4.8 pp | SHEN |
| FY2024 | −59.5 pp | SHEN |
| FY2023 | −73.7 pp | SHEN |
| FY2022 | −5.5 pp | SHEN |
| FY2021 | −397.0 pp | SHEN |
| FY2020 | −62.9 pp | SHEN |
| FY2019 | −51.4 pp | SHEN |
| FY2018 | −31.9 pp | SHEN |
| FY2017 | −3.0 pp | SHEN |
| FY2016 | +3.8 pp | LUMN |
| FY2015 | −7.0 pp | SHEN |
| FY2014 | −6.1 pp | SHEN |
| FY2013 | −10.9 pp | SHEN |
| FY2012 | −1.4 pp | SHEN |
| FY2011 | −1.4 pp | SHEN |
| FY2010 | +4.2 pp | LUMN |
| FY2009 | +3.6 pp | LUMN |
The higher net margin has changed hands between LUMN and SHEN over this period.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
SHEN's net margin has been more volatile than LUMN's over the 17 comparable fiscal years — 94.2 percentage points of standard deviation against 19.3.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between LUMN and SHEN over these 17 fiscal years — LUMN led in 3 and SHEN in 14.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
LUMN's return on equity has been more volatile than SHEN's over the 16 comparable fiscal years — 47.5 percentage points of standard deviation against 37.7.
16 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between LUMN and SHEN over these 16 fiscal years — LUMN led in 3 and SHEN in 13.
16 of 18 comparable fiscal years — a year missing data on either side is not counted.