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Lumentum Holdings Inc. LITE Net debt / EBITDA

Net debt / EBITDA at other companies

Coherent logo
CoherentCOHR
3.4×-4.7×
MKS Instruments logo
MKS InstrumentsMKSI
3.8×-0.7×
Broadcom Inc. logo
Broadcom Inc.AVGO
1.2×-0.9×
Celestica logo
CelesticaCLS
0.5×-0.6×
Ciena logo
CienaCIEN
0.8×-1.2×
Semtech logo
SemtechSMTC
-0.6×

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 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 net debt / EBITDA?
Lumentum Holdings Inc. (LITE) reported net debt / EBITDA of 17× in Q1 2026.
What is the long-term trend for Lumentum Holdings Inc.'s net debt / EBITDA?
Over 2 years (2021 to 2023), Lumentum Holdings Inc.'s net debt / EBITDA has grown at a 51.8% compound annual growth rate (CAGR), from 8.7× to 20×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.