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Lumentum Holdings Inc.

LITETechnologyNASDAQ

Communication Equipment

PriceMA150MA200
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Financials · Annual
Revenue
$1.65B
+21.0% YoY
Net Income
$25.9M
+104.7% YoY
EBITDA
$106.8M
+230.9% YoY
Free Cash Flow
$93.3M

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About Lumentum Holdings Inc.

Headquartered within the technology sector, Lumentum Holdings Inc. focuses on Communication Equipment services and products. Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. At a $66.52B market cap, Lumentum Holdings Inc. ranks as a large-cap company within technology. It operates through two segments, Cloud & Networking and Industrial Tech.

Key stats
Market Cap$66.52B
P/E (TTM)151.59
Fwd P/E47.23
EPS$5.64
Beta1.53
52W Change+1027.0%
ROE22.8%
Analysis

The company holds $3.17B in cash, though total debt stands at $3.31B. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. The company generates $93.3M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. ROE of 22.8% points to strong capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 2.9% is on the lower side, which is common in asset-heavy industries. Revenue has been relatively flat, moving from $1.71B (2022) to $1.65B (2025).

A beta of 1.53 means LITE is more volatile than average. Investors should be prepared for wider price swings relative to broader indices. At over 50x earnings, LITE carries valuation risk — any slowdown in growth expectations could lead to meaningful price adjustments. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Lumentum Holdings Inc. and its sector.

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