What does consumer — goodwill impairment mean?

A write-down of the value of acquired consumer assets due to poor performance or market changes.

How do you interpret consumer — goodwill impairment?

An increase signals significant business deterioration or overpayment for past acquisitions.

How does consumer — goodwill impairment compare across companies?

Common in legacy telecom segments; peers report this as Goodwill Impairment Charge.

Lumen Technologies LUMN Consumer — Goodwill impairment

Discontinued — last reported Q4 '20

Similar metrics at other companies

ULSConsumer — Goodwill impairment

$0—

HASConsumer Products — Goodwill, Impairment Loss

$1.02B—

RPMConsumer — Goodwill Impairment

$938K—

HASConsumer Products — Impairment of goodwill

$1.02B—

GPNConsumer Solutions Segment — Impairment of goodwill

$208.27M—

CFGConsumer Banking — Goodwill impairment loss

$0—

Other financials

Income statement

See full

Revenue$2.9B-8.9%

Gross profit$1.5B-2.1%

Operating income$602.0M+463%

Net income-$200.0M+0.5%

EPS (diluted)-$0.200.0%

Balance sheet

See full

Cash & equivalents$1.6B-14.4%

Total debt$13.4B-29.0%

Total equity-$1.3B-556%

Total assets$30.6B-8.7%

Cash flow

See full

Operating cash flow$1.3B+20.8%

CapEx$943.0M+19.2%

Free cash flow$380.0M+25.0%

Valuation

See full

Market cap$8.45B+79.1%

Enterprise value$20.23B-9.8%

P/S0.7×+0.3×

Profitability

See full

Gross margin47.3%-0.9pp

Operating margin-2.6%-6.6pp

Net margin-14.3%—

FCF margin-3.9%-9.2pp

Returns & leverage

See full

Return on equity-170.9%+20.5pp

Debt / equity65.4×+26.1×

Current ratio1×-0.2×

Where this comes from

Reported directly by Lumen Technologies in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The official record: Lumen Technologies’s 10-K, filed February 24, 2022, on SEC EDGAR. View the filing →

Questions, answered.

What does consumer — goodwill impairment mean?: A write-down of the value of acquired consumer assets due to poor performance or market changes.
How do you interpret consumer — goodwill impairment?: An increase signals significant business deterioration or overpayment for past acquisitions.
How does consumer — goodwill impairment compare across companies?: Common in legacy telecom segments; peers report this as Goodwill Impairment Charge.