Calculation
| Debt to equity | = | Long-term debt, including current portion1 | ÷ | Stockholders’ equity1 | |
|---|---|---|---|---|---|
| Jun 28, 2025 | 2.27 | = | 2,573,200) | ÷ | 1,134,700) |
| Jun 29, 2024 | 2.61 | = | 2,503,200) | ÷ | 957,300) |
| Jul 1, 2023 | 0.23 | = | 314,100) | ÷ | 1,355,800) |
| Jul 2, 2022 | 1.00 | = | 1,876,000) | ÷ | 1,875,000) |
| Jul 3, 2021 | 0.60 | = | 1,180,500) | ÷ | 1,972,800) |
| Jun 27, 2020 | 0.64 | = | 1,120,300) | ÷ | 1,749,200) |
| Jun 29, 2019 | 0.56 | = | 840,900) | ÷ | 1,497,100) |
| Jun 30, 2018 | 0.36 | = | 334,200) | ÷ | 926,100) |
| Jul 1, 2017 | 0.51 | = | 317,500) | ÷ | 618,800) |
| Jul 2, 2016 | 0.00 | = | —) | ÷ | 497,400) |
| Jun 27, 2015 | 0.00 | = | —) | ÷ | 380,700) |
Based on: 10-K (reporting date: 2025-06-28), 10-K (reporting date: 2024-06-29), 10-K (reporting date: 2023-07-01), 10-K (reporting date: 2022-07-02), 10-K (reporting date: 2021-07-03), 10-K (reporting date: 2020-06-27), 10-K (reporting date: 2019-06-29), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-07-01), 10-K (reporting date: 2016-07-02), 10-K (reporting date: 2015-06-27).
1 US$ in thousands
Comparison to Competitors
| Lumentum Holdings Inc. | Apple Inc. | Arista Networks Inc. | Cisco Systems Inc. | Dell Technologies Inc. | Super Micro Computer Inc. | |
|---|---|---|---|---|---|---|
| Jun 28, 2025 | 2.27 | 1.34 | 0.00 | 0.60 | — | 0.75 |
| Jun 29, 2024 | 2.61 | 1.87 | 0.00 | 0.68 | — | 0.40 |
| Jul 1, 2023 | 0.23 | 1.79 | 0.00 | 0.19 | — | 0.15 |
| Jul 2, 2022 | 1.00 | 2.37 | 0.00 | 0.24 | — | 0.42 |
| Jul 3, 2021 | 0.60 | 1.98 | 0.00 | 0.28 | 19.36 | 0.09 |
| Jun 27, 2020 | 0.64 | 1.72 | 0.00 | 0.38 | — | 0.03 |
| Jun 29, 2019 | 0.56 | 1.19 | 0.00 | 0.73 | — | 0.03 |
| Jun 30, 2018 | 0.36 | 1.07 | 0.02 | 0.59 | — | 0.14 |
| Jul 1, 2017 | 0.51 | 0.86 | 0.02 | 0.51 | — | 0.21 |
| Jul 2, 2016 | 0.00 | 0.68 | 0.04 | 0.45 | — | 0.13 |
| Jun 27, 2015 | 0.00 | 0.54 | 0.05 | 0.42 | — | 0.15 |
Based on: 10-K (reporting date: 2025-06-28), 10-K (reporting date: 2024-06-29), 10-K (reporting date: 2023-07-01), 10-K (reporting date: 2022-07-02), 10-K (reporting date: 2021-07-03), 10-K (reporting date: 2020-06-27), 10-K (reporting date: 2019-06-29), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-07-01), 10-K (reporting date: 2016-07-02), 10-K (reporting date: 2015-06-27).
Comparison to Sector (Technology Hardware & Equipment)
Lumentum Holdings Inc., debt to equity, long-term trends, comparison to sector (technology hardware & equipment)
| Lumentum Holdings Inc. | Technology Hardware & Equipment | |
|---|---|---|
| Jun 28, 2025 | 2.27 | 1.14 |
| Jun 29, 2024 | 2.61 | 1.45 |
| Jul 1, 2023 | 0.23 | 1.31 |
| Jul 2, 2022 | 1.00 | 1.64 |
| Jul 3, 2021 | 0.60 | 1.63 |
| Jun 27, 2020 | 0.64 | 1.67 |
| Jun 29, 2019 | 0.56 | 1.51 |
| Jun 30, 2018 | 0.36 | 0.91 |
| Jul 1, 2017 | 0.51 | 0.74 |
| Jul 2, 2016 | 0.00 | 0.60 |
| Jun 27, 2015 | 0.00 | 0.50 |
Based on: 10-K (reporting date: 2025-06-28), 10-K (reporting date: 2024-06-29), 10-K (reporting date: 2023-07-01), 10-K (reporting date: 2022-07-02), 10-K (reporting date: 2021-07-03), 10-K (reporting date: 2020-06-27), 10-K (reporting date: 2019-06-29), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-07-01), 10-K (reporting date: 2016-07-02), 10-K (reporting date: 2015-06-27).
Comparison to Industry (Information Technology)
Lumentum Holdings Inc., debt to equity, long-term trends, comparison to industry (information technology)
| Lumentum Holdings Inc. | Information Technology | |
|---|---|---|
| Jun 28, 2025 | 2.27 | 0.52 |
| Jun 29, 2024 | 2.61 | 0.62 |
| Jul 1, 2023 | 0.23 | 0.66 |
| Jul 2, 2022 | 1.00 | 0.70 |
| Jul 3, 2021 | 0.60 | 0.83 |
| Jun 27, 2020 | 0.64 | 0.96 |
| Jun 29, 2019 | 0.56 | 0.98 |
| Jun 30, 2018 | 0.36 | 0.83 |
| Jul 1, 2017 | 0.51 | 0.81 |
| Jul 2, 2016 | 0.00 | 0.66 |
| Jun 27, 2015 | 0.00 | 0.56 |
Based on: 10-K (reporting date: 2025-06-28), 10-K (reporting date: 2024-06-29), 10-K (reporting date: 2023-07-01), 10-K (reporting date: 2022-07-02), 10-K (reporting date: 2021-07-03), 10-K (reporting date: 2020-06-27), 10-K (reporting date: 2019-06-29), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-07-01), 10-K (reporting date: 2016-07-02), 10-K (reporting date: 2015-06-27).