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Current ratio at other companies

Coherent logo
CoherentCOHR
+0.6×
MKS Instruments logo
MKS InstrumentsMKSI
1.1×-2.0×
Broadcom Inc. logo
Broadcom Inc.AVGO
2.2×+1.2×
Celestica logo
CelesticaCLS
1.3×-0.2×
Lattice Semiconductor logo
Lattice SemiconductorLSCC
3.5×-0.8×
Ciena logo
CienaCIEN
2.7×-0.7×

Other financials

Income statement

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Revenue$808.4M+90.1%
Gross profit$376.3M+166%
Operating income$174.5M+563%
Net income$144.2M+427%
EPS (diluted)$1.50+334%

Balance sheet

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Cash & equivalents$517.7M+45.8%
Total debt$6.6B+150%
Total equity$3.0B+238%
Total assets$7.0B+76.8%

Cash flow

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Operating cash flow$203.8M
CapEx$124.7M+98.6%
Free cash flow$79.1M+223%

Valuation

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Market cap$67.68B+1,063%
Enterprise value$73.72B+754%
P/E153.9×
P/S27.2×+23.2×

Profitability

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Gross margin40.8%+11.2pp
Operating margin9.5%+5.7pp
Net margin17.7%+10.9pp

Returns & leverage

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Return on equity22.8%+13.8pp
Debt / equity2.2×-0.8×

Where this comes from

Calculated from Lumentum Holdings Inc.’s reported figures.

Based on the most recent quarter.

The official record: Lumentum Holdings Inc.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lumentum Holdings Inc.'s current ratio?
Lumentum Holdings Inc. (LITE) reported current ratio of 1.1× in Q1 2026.
How has Lumentum Holdings Inc.'s current ratio changed year-over-year?
Lumentum Holdings Inc.'s current ratio decreased by 75.9% year-over-year, from 4.7× to 1.1×.
What is the long-term trend for Lumentum Holdings Inc.'s current ratio?
Over 4 years (2021 to 2025), Lumentum Holdings Inc.'s current ratio has grown at a 1.1% compound annual growth rate (CAGR), from 18.4× to 19.2×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.