What does transport infrastructure — revenue adjustments mean?

This metric represents the net impact of accounting adjustments, deferrals, or reconciliations applied to the gross revenue generated by the transport infrastructure segment. It captures non-recurring or period-specific items that modify the recognized revenue to align with accounting standards such as ASC 606. These adjustments are critical for investors to understand the bridge between gross billings and recognized GAAP revenue for fiber and network infrastructure services.

Lumen Technologies LUMN Transport Infrastructure — Revenue Adjustments

Discontinued — last reported Q4 '19

Similar metrics at other companies

LFUSTransportation — Adjustments

$0—

VMI

VMIInfrastructure — Revenue

$805.92M+14.1%

BAMInfrastructure — Revenue

$355M+14.5%

WWDTransportation — Revenue

$176.91M+33.9%

OSKTransport — Revenue

$512.8M+10.8%

IBMInfrastructure — Revenue year-to-year change (as a percent)

15.3%—

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 ctl:RevenueAdjustments.

The official record: Lumen Technologies’s 10-K, filed February 28, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does transport infrastructure — revenue adjustments mean?: This metric represents the net impact of accounting adjustments, deferrals, or reconciliations applied to the gross revenue generated by the transport infrastructure segment. It captures non-recurring or period-specific items that modify the recognized revenue to align with accounting standards such as ASC 606. These adjustments are critical for investors to understand the bridge between gross billings and recognized GAAP revenue for fiber and network infrastructure services.