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Lumentum Holdings Inc. LITE Interest coverage

Interest coverage at other companies

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CoherentCOHR
1.6×+1.4×
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MKS InstrumentsMKSI
2.8×+0.8×
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Broadcom Inc.AVGO
10.4×+4.8×
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CelesticaCLS
21.6×+9.9×
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CienaCIEN
5.9×+3.8×
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SemtechSMTC
+1.2×

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×
Current ratio1.1×-3.6×

Where this comes from

Calculated from Lumentum Holdings Inc.’s reported figures.

Based on trailing twelve months.

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 interest coverage?
Lumentum Holdings Inc. (LITE) reported interest coverage of 10× in Q1 2026.
How has Lumentum Holdings Inc.'s interest coverage changed year-over-year?
Lumentum Holdings Inc.'s interest coverage increased by 173.1% year-over-year, from -13.7× to 10×.
What is the long-term trend for Lumentum Holdings Inc.'s interest coverage?
Over 4 years (2021 to 2025), Lumentum Holdings Inc.'s interest coverage has grown at a 21.2% compound annual growth rate (CAGR), from 23.9× to -51.6×.
What does interest coverage mean?
How many times the company's operating profit covers its interest bill.
How do you interpret interest coverage?
Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
How does interest coverage compare across companies?
Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.