Stock Analysis on Net

Lumentum Holdings Inc. (NASDAQ:LITE)

$24.99

Total Asset Turnover
since 2015

Microsoft Excel

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Calculation

Lumentum Holdings Inc., total asset turnover, long-term trends, calculation

Microsoft Excel

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


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`. No headers, lists, etc. * *Net Revenue:* * 2015: 837M $\rightarrow$ 2021: 1.74B (Growth trend) * 2022-2023: Stability around 1.7B * 2024: Dip to 1.36B * 2025: Recovery to 1.65B * *Total Assets:* * 2015: 512M $\rightarrow$ 2023: 4.63B (Significant growth) * 2024: Slight dip to 3.93B * 2025: Increase to 4.22B * *Total Asset Turnover:* * 2015: 1.63 * 2016: 1.24 * 2017: 0.81 * ... * 2023: 0.38 * 2024: 0.35 * 2025: 0.39 * *Trend:* Consistent long-term decline from 2015 to 2024, with a slight uptick in 2025. * *General Summary:* The overall trajectory shows a significant decrease in asset efficiency. While revenues grew substantially over the decade, asset accumulation grew at a much faster pace, leading to a decline in the total asset turnover ratio. * *Detailed breakdown:* * Revenue growth vs. Asset growth. * The steady decline of the turnover ratio. * The recent stabilization/slight recovery. * Ensure third person. * Ensure professional tone. * Check constraints (no "table", "markdown", etc.). * `

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`:* The analysis of total asset turnover reveals a long-term decline in operational efficiency regarding asset utilization from 2015 through 2024. While net revenue experienced overall growth during this period, the expansion of the asset base significantly outpaced revenue gains, resulting in a compression of the turnover ratio. * *Drafting `

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`Revenue Growth Trends`
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`Net revenue increased from 837.1 million US dollars in 2015 to a peak of approximately 1.767 billion US dollars in 2023. Despite a contraction in 2024 to 1.359 billion US dollars, a recovery to 1.645 billion US dollars is noted by June 2025.`
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`Asset Expansion`
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`Total assets exhibited rapid growth, increasing from 512.6 million US dollars in 2015 to a peak of 4.632 billion US dollars in 2023. This represents a substantial increase in the company's investment in its asset base, which continued to remain high through 2025 at 4.219 billion US dollars.`
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`Asset Turnover Efficiency`
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`The total asset turnover ratio demonstrates a consistent downward trajectory, falling from 1.63 in 2015 to a low of 0.35 in 2024. This decline indicates that each dollar of assets generated progressively less revenue over the decade. A marginal improvement to 0.39 is observed in 2025, suggesting a potential stabilization in asset productivity.`
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    `? Checked. * No styling? Checked. * No company intro? Checked. * No "table/markdown" mentions? Checked. * Professional tone? Yes. * Start directly with analysis? Yes.

Comparison to Competitors

Lumentum Holdings Inc., total asset turnover, long-term trends, comparison to competitors

Microsoft Excel

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., total asset turnover, long-term trends, comparison to sector (technology hardware & equipment)

Microsoft Excel

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., total asset turnover, long-term trends, comparison to industry (information technology)

Microsoft Excel

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).