Lumentum Holdings Inc.

Lumentum Holdings Inc.verified

LITE

Price:

$52.11

Market Cap:

$3.54B

Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company operates in two segments, Optical Communications (OpComms) and Commercial Lasers (Lasers). The OpComms segment offers components, modules, and subsystems that enable the transmission and transport of video, audio, and data over high-capacity fiber optic cables. It offers tunable transponders, transceivers, and transmitter modules; tunable lasers, receivers, and modulators; transport products, such as reconfigurable optical add/drop multiplexers, amplifiers, and optical channel monitors, as well as components, including 980nm, multi-mo...[Read more]

Industry

Communication Equipment

IPO Date

2015-07-23

Stock Exchange

NASDAQ

Ticker

LITE

The ROE as of September 2024 (TTM) for Lumentum Holdings Inc. (LITE) is -46.29%

According to Lumentum Holdings Inc.’s latest financial reports and current stock price. The company's current ROE is -46.29%. This represents a change of 269.53% compared to the average of -12.53% of the last 4 quarters.

Lumentum Holdings Inc. (LITE) Historical ROE (quarterly & annually)

How has LITE ROE performed in the past?

The mean historical ROE of Lumentum Holdings Inc. over the last ten years is -1.97%. The current -46.29% ROE has changed 2.24% with respect to the historical average. Over the past ten years (40 quarters), LITE's ROE was at its highest in in the December 2017 quarter at 22.75%. The ROE was at its lowest in in the June 2024 quarter at -26.38%.

Quarterly (TTM)
Annual

Average

-1.97%

Median

0.43%

Minimum

-57.09%

Maximum

25.79%

Lumentum Holdings Inc. (LITE) ROE by Quarter and Year

Discovering the peaks and valleys of Lumentum Holdings Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 488.14%

Maximum Annual ROE = 25.79%

Minimum Annual Increase = -997.75%

Minimum Annual ROE = -57.09%

Quarterly (TTM)
Annual
YearROEChange
2024-57.09%488.14%
2023-9.71%-191.50%
202210.61%-47.33%
202120.14%159.98%
20207.75%-418.60%
2019-2.43%-109.43%
201825.79%-264.72%
2017-15.66%-997.75%
20161.74%-295.30%
2015-0.89%-128.01%

Lumentum Holdings Inc. (LITE) Average ROE

How has LITE ROE performed in the past?

The current ROE of Lumentum Holdings Inc. (LITE) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-18.73%

5-year avg

-5.66%

10-year avg

-1.97%

Lumentum Holdings Inc. (LITE) ROE vs. Peers

How is LITE’s ROE compared to its peers?

Lumentum Holdings Inc.’s ROE is greater than NETGEAR, Inc. (-29.48%), greater than KVH Industries, Inc. (-14.83%), greater than TESSCO Technologies Incorporated (-6.89%), less than Telesat Corporation (4.33%), less than Juniper Networks, Inc. (5.25%), greater than Infinera Corporation (-61.49%), greater than Extreme Networks, Inc. (-112.04%), greater than Clearfield, Inc. (-3.06%), less than Ciena Corporation (4.79%), greater than ADTRAN Holdings, Inc. (-126.27%), less than Gilat Satellite Networks Ltd. (7.20%), less than Hewlett Packard Enterprise Company (0%), less than Motorola Solutions, Inc. (8.59%), less than null (243.09%),

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