Lumen Technologies Inc (LUMN) — Cash Flow Reinvestment Rate

Latest as of March 2026: 0.71x

Lumen Technologies Inc (LUMN) has a Cash Flow Reinvestment Rate of 0.71x as of March 2026, reinvesting $943.00 Million (capex $943.00 Million ) from operating cash flow of $1.32 Billion. Explore capital reinvestment ratio of Lumen Technologies Inc to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

0.71x
(Capex + Investments) / Operating CF

Total Reinvested

$943.00 Million
Capex + Investments

Operating Cash Flow

$1.32 Billion
USD

Capital Expenditures

$943.00 Million
USD

Lumen Technologies Inc Cash Flow Reinvestment Rate (1989–2025)

Historical reinvestment intensity for Lumen Technologies Inc across 37 annual periods. Also explore Lumen Technologies Inc asset portfolio for the complete picture of this company's asset base.

Annual Cash Flow Reinvestment Rate for Lumen Technologies Inc (1989–2025)

Year-by-year capital reinvestment analysis for Lumen Technologies Inc. For live market cap and broader valuation context, see Lumen Technologies Inc stock valuation.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.92x $4.37 Billion $4.74 Billion $4.37 Billion ▼ -34.1%
2024 1.40x $6.06 Billion $4.33 Billion $3.23 Billion ▼ -29.8%
2023 1.99x $4.30 Billion $2.16 Billion $3.10 Billion ▲ +11.0%
2022 1.79x $8.49 Billion $4.74 Billion $3.02 Billion ▲ +107.8%
2021 0.86x $5.61 Billion $6.50 Billion $2.90 Billion ▼ -22.8%
2020 1.12x $7.29 Billion $6.52 Billion $3.73 Billion ▲ +3.7%
2019 1.08x $7.20 Billion $6.68 Billion $3.63 Billion ▲ +21.2%
2018 0.89x $6.25 Billion $7.03 Billion $3.17 Billion ▼ -71.2%
2017 3.09x $11.98 Billion $3.88 Billion $3.11 Billion ▲ +138.2%
2016 1.30x $5.97 Billion $4.61 Billion $2.98 Billion ▲ +132.6%
2015 0.56x $2.87 Billion $5.15 Billion $2.87 Billion ▼ -5.1%
2014 0.59x $3.05 Billion $5.19 Billion $3.05 Billion ▲ +7.1%
2013 0.55x $3.05 Billion $5.56 Billion $3.05 Billion ▲ +13.9%
2012 0.48x $2.92 Billion $6.07 Billion $2.92 Billion ▼ -16.1%
2011 0.57x $2.41 Billion $4.20 Billion $2.41 Billion ▲ +35.9%
2010 0.42x $863.77 Million $2.04 Billion $863.77 Million ▼ -12.1%
2009 0.48x $756.54 Million $1.57 Billion $756.54 Million ▲ +43.0%
2008 0.34x $286.82 Million $853.30 Million $286.82 Million ▲ +6.2%
2007 0.32x $326.05 Million $1.03 Billion $326.05 Million ▼ -15.3%
2006 0.37x $314.07 Million $840.72 Million $314.07 Million ▼ -13.1%
2005 0.43x $414.87 Million $964.74 Million $414.87 Million ▲ +6.7%
2004 0.40x $385.32 Million $955.83 Million $385.32 Million ▲ +13.9%
2003 0.35x $377.94 Million $1.07 Billion $377.94 Million ▼ -27.1%
2002 0.49x $386.27 Million $795.40 Million $386.27 Million ▼ -36.2%
2001 0.76x $506.73 Million $665.36 Million $506.73 Million ▼ -4.7%
2000 0.80x $449.54 Million $562.47 Million $449.54 Million ▼ -20.5%
1999 1.01x $411.00 Million $408.70 Million $411.00 Million ▼ -12.3%
1998 1.15x $536.50 Million $467.80 Million $536.50 Million ▲ +88.2%
1997 0.61x $181.20 Million $297.30 Million $181.20 Million ▼ -27.6%
1996 0.84x $222.90 Million $264.70 Million $222.90 Million ▼ -7.6%
1995 0.91x $196.60 Million $215.70 Million $196.60 Million ▼ -9.3%
1994 1.01x $200.80 Million $199.80 Million $200.80 Million ▼ -17.9%
1993 1.22x $204.20 Million $166.80 Million $204.20 Million ▲ +27.8%
1992 0.96x $140.10 Million $146.30 Million $140.10 Million ▼ -6.0%
1991 1.02x $95.70 Million $93.90 Million $95.70 Million ▲ +35.3%
1990 0.75x $65.40 Million $86.80 Million $65.40 Million ▼ -29.7%
1989 1.07x $62.40 Million $58.20 Million $62.40 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow