Lumentum Holdings Inc. (LITE): Price and Financial Metrics

LITE POWR Grades

• Quality is the dimension where LITE ranks best; there it ranks ahead of 72.68% of US stocks.
• LITE's strongest trending metric is Quality; it's been moving down over the last 177 days.
• LITE's current lowest rank is in the Sentiment metric (where it is better than 25.86% of US stocks).

LITE Stock Summary

• With a price/earnings ratio of 123.08, LUMENTUM HOLDINGS INC P/E ratio is greater than that of about 95.89% of stocks in our set with positive earnings.
• With a year-over-year growth in debt of 86.96%, LUMENTUM HOLDINGS INC's debt growth rate surpasses 86.9% of about US stocks.
• In terms of twelve month growth in earnings before interest and taxes, LUMENTUM HOLDINGS INC is reporting a growth rate of -76.53%; that's higher than merely 17.79% of US stocks.
• Stocks with similar financial metrics, market capitalization, and price volatility to LUMENTUM HOLDINGS INC are OUST, ALGM, KIND, QLYS, and IDR.
• LITE's SEC filings can be seen here. And to visit LUMENTUM HOLDINGS INC's official web site, go to www.lumentum.com.

LITE Valuation Summary

• In comparison to the median Technology stock, LITE's price/earnings ratio is 425.32% higher, now standing at 124.5.
• Over the past 93 months, LITE's price/sales ratio has gone up 0.7.

Below are key valuation metrics over time for LITE.

LITE Growth Metrics

Its 4 year net income to common stockholders growth rate is now at 435.19%.
• Its 2 year revenue growth rate is now at -1.89%.
• Its 3 year net income to common stockholders growth rate is now at 810.29%.

LITE's revenue has moved up $471,700,000 over the prior 52 months.

The table below shows LITE's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-12-31	1,830.3	306.6	28.6
2022-09-30	1,771	418.2	117
2022-06-30	1,712.6	459.3	198.9
2022-03-31	1,682.6	469.2	185.7
2021-12-31	1,706.7	773.9	385.2
2021-09-30	1,738.8	695.9	411.7

LITE's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• LITE has a Quality Grade of B, ranking ahead of 94.87% of graded US stocks.
• LITE's asset turnover comes in at 0.493 -- ranking 146th of 208 Electronic Equipment stocks.
• MMAT, TTMI, and STM are the stocks whose asset turnover ratios are most correlated with LITE.

The table below shows LITE's key quality metrics over time.