Information Technology · S&P 500 · data as of 2026-10-05
LITE stock analysis: Lumentum
Lumentum (LITE) is an S&P 500 company in Communications Equipment. It grades strongest on momentum and weakest on profitability and value.
The model's view of LITE· subscribers
Where LITE ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.
The stock rose 566% over the past 12 months, better than 78 of the other 79 Information Technology companies Torvanta covers.
Its free cash flow over the last 12 months equals 0.4% of its market value, lower than 75 of the other 79 Information Technology companies Torvanta covers.
Revenue grew 83% over the last 12 months, faster than 74 of the other 79 Information Technology companies Torvanta covers.
It earns 10% a year on the capital invested in the business, lower than 55 of the other 72 Information Technology companies Torvanta covers.
LITE key statistics
SectorInformation Technology
IndustryCommunications Equipment
IndexS&P 500
Market value$81.4B
Revenue growth (y/y)+83%
Free-cash-flow yield0.4%
Dividend yieldn/a
Next earnings (expected)2026-11-03
Valuation measures
Market value
$81.4B
Enterprise value
$81.0B
Price / sales
27.0x
Price / book
17.5x
EV / revenue
26.9x
EV / EBITDA
154.4x
Financial highlights
Revenue, last 12 months
$3.0B
Net income, last 12 months
-$6.9B
EPS, last 12 months (GAAP)
$-93.11
Gross margin
41.7%
Operating margin
17.4%
Net margin
-230.1%
Return on equity
-240.0%
Return on invested capital
9.8%
Cash
$2.0B
Total debt
$1.6B
Debt / equity
0.35x
Free cash flow, last 12 months
$300.1M
Interest cover
24.1x
Current ratio
1.68x
Company figures from its latest SEC filings; market value and returns from end-of-day prices.
LITE earnings trends
Revenue vs earnings
Earnings per shareChange from a year earlier: Jun 2026 -3192%
From the company's 10-Q and 10-K filings with the SEC.
Torvanta does not tell individuals what to buy. Its grades for LITE are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.
When does LITE report earnings next?
Based on its filing history, Torvanta expects Lumentum to report around 2026-11-03.
How has LITE performed against the S&P 500?
Over the past year LITE returned +566.4%, against +17.0% for the S&P 500, dividends reinvested.
See the model's view
Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.
Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.