Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement.
Across FY2018–FY2025: $1.16B in buybacks.
Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
3 filing observations remain unmatched and are excluded from instrument histories.
Instrument and agreement coverage is incomplete. Additional filings are awaiting review.
8 filings have incomplete source or extraction coverage. Verified observations are shown; missing observations do not establish that debt was unchanged.
Covenants
Some sections could not be verified in 1 agreement document. Other restrictions or tests may apply.
Verified tests, triggers and restrictions appear with each agreement below. A verified term does not establish current compliance.
Loans, facilities and notes
0.50% Convertible Senior Notes due 2028
Note · Lumentum Holdings Inc.
Reference: 0.50% Convertible Senior Notes due 2028
Active
Original principal
USD 750,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
Jun 15, 2028
Last reported interest terms:
0.5%
Reported 2022-03-08Later filings may not restate these terms; this does not confirm they still apply.
Covenant terms for this agreement are not yet verified.
On March 3, 2022, Lumentum Holdings Inc. (the “Company”) entered into a purchase agreement (the “Purchase Agreement”) with Goldman Sachs & Co. LLC and BofA Securities, Inc. (the “Initial Purchasers”), to issue and sell to the Initial Purchasers $750 million aggregate principal amount of 0.50% Convertible Senior Notes due 2028 (the “Notes”), in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Notes will be issued to the Initial Purchasers pursuant to an exemption from the registration requirements of the Securities Act afforded by Section 4(a)(2) of the Securities Act. In addition, the Company granted the Initial Purchasers a 13-day option to purchase up to an additional $112.5 million aggregate principal amount of the Notes on the same terms and conditions. A total of $750 million aggregate principal amount of Notes were issued on March 8, 2022.
Issuer evidence: On March 3, 2022, Lumentum Holdings Inc. (the “Company”) entered into a purchase agreement (the “Purchase Agreement”) with Goldman Sachs & Co. LLC and BofA Securities, Inc. (the “Initial Purchasers”), to issue and sell to the Initial Purchasers $750 million aggregate principal amount of 0.50% Convertible Senior Notes due 2028 (the “Notes”), in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Notes will be issued to the Initial Purchasers pursuant to an exemption from the registration requirements of the Securities Act afforded by Section 4(a)(2) of the Securities Act. In addition, the Company granted the Initial Purchasers a 13-day option to purchase up to an additional $112.5 million aggregate principal amount of the Notes on the same terms and conditions. A total of $750 million aggregate principal amount of Notes were issued on March 8, 2022.
Supporting evidence: On March 8, 2022, the Company entered into an indenture relating to the issuance of the Notes (the “Indenture”), by and between the Company and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”). The Notes will bear interest at a rate of 0.50% per year, payable semi-annually in arrears on June 15 and December 15 of each year, beginning on June 15, 2022. The Notes will mature on June 15, 2028, unless earlier redeemed, repurchased by the Company or converted pursuant to their terms.
Supporting evidence: On March 3, 2022, Lumentum Holdings Inc. (the “Company”) entered into a purchase agreement (the “Purchase Agreement”) with Goldman Sachs & Co. LLC and BofA Securities, Inc. (the “Initial Purchasers”), to issue and sell to the Initial Purchasers $750 million aggregate principal amount of 0.50% Convertible Senior Notes due 2028 (the “Notes”), in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Notes will be issued to the Initial Purchasers pursuant to an exemption from the registration requirements of the Securities Act afforded by Section 4(a)(2) of the Securities Act. In addition, the Company granted the Initial Purchasers a 13-day option to purchase up to an additional $112.5 million aggregate principal amount of the Notes on the same terms and conditions. A total of $750 million aggregate principal amount of Notes were issued on March 8, 2022.
Supporting evidence: On March 3, 2022, Lumentum Holdings Inc. (the “Company”) entered into a purchase agreement (the “Purchase Agreement”) with Goldman Sachs & Co. LLC and BofA Securities, Inc. (the “Initial Purchasers”), to issue and sell to the Initial Purchasers $750 million aggregate principal amount of 0.50% Convertible Senior Notes due 2028 (the “Notes”), in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Notes will be issued to the Initial Purchasers pursuant to an exemption from the registration requirements of the Securities Act afforded by Section 4(a)(2) of the Securities Act. In addition, the Company granted the Initial Purchasers a 13-day option to purchase up to an additional $112.5 million aggregate principal amount of the Notes on the same terms and conditions. A total of $750 million aggregate principal amount of Notes were issued on March 8, 2022.
1.50% Convertible Senior Notes due 2029
Note · Lumentum Holdings Inc.
Reference: 1.50% Convertible Senior Notes due 2029
Active
Original principal
USD 603,750,000
Outstanding
—
Commitment
—
Availability
—
Maturity
Dec 15, 2029
Last reported interest terms:
1.5%
Reported 2023-06-16Later filings may not restate these terms; this does not confirm they still apply.
Covenant terms for this agreement are not yet verified.
On June 13, 2023, Lumentum Holdings Inc. (the “Company”) entered into a purchase agreement (the “Purchase Agreement”) with Goldman Sachs & Co. LLC, as representative of the Initial Purchasers named in Schedule I thereto (the “Initial Purchasers”), to issue and sell to the Initial Purchasers $525 million aggregate principal amount of 1.50% Convertible Senior Notes due 2029 (the “Notes”), in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Notes will be issued to the Initial Purchasers pursuant to an exemption from the registration requirements of the Securities Act afforded by Section 4(a)(2) of the Securities Act. In addition, the Company granted the Initial Purchasers a 13-day option to purchase up to an additional $78.75 million aggregate principal amount of the Notes on the same terms and conditions, which was exercised in full on June 14, 2023. A total of $603.75 million aggregate principal amount of Notes were issued on June 16, 2023. The aggregate principal amount of the offering was increased from the previously announced offering size of $500 million (or $575 million if the Initial Purchasers exercised their option to purchase additional Notes in full).
Issuer evidence: On June 13, 2023, Lumentum Holdings Inc. (the “Company”) entered into a purchase agreement (the “Purchase Agreement”) with Goldman Sachs & Co. LLC, as representative of the Initial Purchasers named in Schedule I thereto (the “Initial Purchasers”), to issue and sell to the Initial Purchasers $525 million aggregate principal amount of 1.50% Convertible Senior Notes due 2029 (the “Notes”), in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Notes will be issued to the Initial Purchasers pursuant to an exemption from the registration requirements of the Securities Act afforded by Section 4(a)(2) of the Securities Act. In addition, the Company granted the Initial Purchasers a 13-day option to purchase up to an additional $78.75 million aggregate principal amount of the Notes on the same terms and conditions, which was exercised in full on June 14, 2023. A total of $603.75 million aggregate principal amount of Notes were issued on June 16, 2023. The aggregate principal amount of the offering was increased from the previously announced offering size of $500 million (or $575 million if the Initial Purchasers exercised their option to purchase additional Notes in full).
Supporting evidence: On June 16, 2023, the Company entered into an indenture relating to the issuance of the Notes (the “Indenture”), by and between the Company and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”). The Notes will bear interest at a rate of 1.50% per year, payable semi-annually in arrears on June 15 and December 15 of each year, beginning on December 15, 2023. The Notes will mature on December 15, 2029, unless earlier redeemed, repurchased by the Company or converted pursuant to their terms.
Supporting evidence: On June 13, 2023, Lumentum Holdings Inc. (the “Company”) entered into a purchase agreement (the “Purchase Agreement”) with Goldman Sachs & Co. LLC, as representative of the Initial Purchasers named in Schedule I thereto (the “Initial Purchasers”), to issue and sell to the Initial Purchasers $525 million aggregate principal amount of 1.50% Convertible Senior Notes due 2029 (the “Notes”), in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Notes will be issued to the Initial Purchasers pursuant to an exemption from the registration requirements of the Securities Act afforded by Section 4(a)(2) of the Securities Act. In addition, the Company granted the Initial Purchasers a 13-day option to purchase up to an additional $78.75 million aggregate principal amount of the Notes on the same terms and conditions, which was exercised in full on June 14, 2023. A total of $603.75 million aggregate principal amount of Notes were issued on June 16, 2023. The aggregate principal amount of the offering was increased from the previously announced offering size of $500 million (or $575 million if the Initial Purchasers exercised their option to purchase additional Notes in full).
Supporting evidence: On June 13, 2023, Lumentum Holdings Inc. (the “Company”) entered into a purchase agreement (the “Purchase Agreement”) with Goldman Sachs & Co. LLC, as representative of the Initial Purchasers named in Schedule I thereto (the “Initial Purchasers”), to issue and sell to the Initial Purchasers $525 million aggregate principal amount of 1.50% Convertible Senior Notes due 2029 (the “Notes”), in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Notes will be issued to the Initial Purchasers pursuant to an exemption from the registration requirements of the Securities Act afforded by Section 4(a)(2) of the Securities Act. In addition, the Company granted the Initial Purchasers a 13-day option to purchase up to an additional $78.75 million aggregate principal amount of the Notes on the same terms and conditions, which was exercised in full on June 14, 2023. A total of $603.75 million aggregate principal amount of Notes were issued on June 16, 2023. The aggregate principal amount of the offering was increased from the previously announced offering size of $500 million (or $575 million if the Initial Purchasers exercised their option to purchase additional Notes in full).
1.50% Convertible Senior Notes due 2029
Note · Lumentum Holdings Inc.
Reference: 1.50% Convertible Senior Notes due 2029
Active
Original principal
USD 603,750,000
Outstanding
—
Commitment
—
Availability
—
Maturity
—
Last reported interest terms:
1.5%
Reported 2023-06-16Later filings may not restate these terms; this does not confirm they still apply.
Verified covenant terms
Section 4.08(b) · Certain other Covenantsall shares of Common Stock issued upon conversion of Notes shall be issued in book-entry format if and to the extent that the Common Stock is eligible to trade in book-entry format through the facilities of the DTC, shall be newly issued shares or treasury shares, shall be duly authorized, validly issued, fully paid and non-assessable and shall be free from preemptive rights and free from any tax, lien or chargeSection 4.08 Certain Covenants.Full wording and supporting evidence
Source evidence: (b) Certain other Covenants. The Company covenants that all shares of Common Stock issued upon conversion of Notes shall be issued in book-entry format if and to the extent that the Common Stock is eligible to trade in book-entry format through the facilities of the DTC, shall be newly issued shares or treasury shares, shall be duly authorized, validly issued, fully paid and non-assessable and shall be free from preemptive rights and free from any tax, lien or charge (other than those created by the Holder or due to a change in registered owner). The Company shall list or cause to have quoted any shares of Common Stock to be issued upon conversion of Notes on the Nasdaq Global Select Market to the extent that the Common Stock is then listed or quoted on the Nasdaq Global Select Market (or, if the Common Stock is not then listed on The Nasdaq Global Select Market, the Company shall use its commercially reasonable efforts to list or cause to have quoted any shares of Common Stock to be issued upon conversion of Notes on each national securities exchange or over-the-counter or other domestic market (each, an “Exchange”) on which the Common Stock is then listed or quoted), in each case if permitted and required by the rules of the Nasdaq Global Select Market or such Exchange.
Target identity evidence: INDENTURE, dated as June 16, 2023, between Lumentum Holdings Inc., a Delaware corporation, as issuer (the “Company”), and U.S. Bank Trust Company, National Association, a national banking association, as trustee (the “Trustee”).
Target identity evidence: WHEREAS, the Company has duly authorized the creation of an issue of the Company’s 1.50% Convertible Senior Notes due 2029 (the “Notes”), having the terms, tenor, amount and other provisions hereinafter set forth, and, to provide therefor, has duly authorized the execution and delivery of this Indenture; and
Target identity evidence: Lumentum Holdings Inc.
Target identity evidence: INDENTURE
Target identity evidence: Dated as of June 16, 2023
Target identity evidence: 1.50% Convertible Senior Notes due 2029
Target identity evidence: WHEREAS, the Company has duly authorized the creation of an issue of the Company’s 1.50% Convertible Senior Notes due 2029 (the “Notes”), having the terms, tenor, amount and other provisions hereinafter set forth, and, to provide therefor, has duly authorized the execution and delivery of this Indenture
Target identity evidence: the “Notes”
Target identity evidence: Section 11.06 Restrictions on Redemption. The Company may not redeem any Notes on any date if the principal amount of the Notes has been accelerated in accordance with the terms of this Indenture, and such acceleration has not been rescinded, on or prior to the Redemption Date
Section 5.01 · Payment of Principal, Interest, Redemption Price and Fundamental Change Repurchase PriceThe Company covenants and agrees that it will cause to be paid the principal of (including the Fundamental Change Repurchase Price and Redemption Price, as applicable) and accrued and unpaid interest, if any, on each of the Notes at the places, at the respective times and in the manner provided herein and in the Notes.Section 5.01 Payment of Principal, Interest, Redemption Price and Fundamental Change Repurchase Price.Full wording and supporting evidence
Source evidence: The Company covenants and agrees that it will cause to be paid the principal of (including the Fundamental Change Repurchase Price and Redemption Price, as applicable) and accrued and unpaid interest, if any, on each of the Notes at the places, at the respective times and in the manner provided herein and in the Notes.
Target identity evidence: INDENTURE, dated as June 16, 2023, between Lumentum Holdings Inc., a Delaware corporation, as issuer (the “Company”), and U.S. Bank Trust Company, National Association, a national banking association, as trustee (the “Trustee”).
Target identity evidence: WHEREAS, the Company has duly authorized the creation of an issue of the Company’s 1.50% Convertible Senior Notes due 2029 (the “Notes”), having the terms, tenor, amount and other provisions hereinafter set forth, and, to provide therefor, has duly authorized the execution and delivery of this Indenture; and
Target identity evidence: Lumentum Holdings Inc.
Target identity evidence: INDENTURE
Target identity evidence: Dated as of June 16, 2023
Target identity evidence: 1.50% Convertible Senior Notes due 2029
Target identity evidence: WHEREAS, the Company has duly authorized the creation of an issue of the Company’s 1.50% Convertible Senior Notes due 2029 (the “Notes”), having the terms, tenor, amount and other provisions hereinafter set forth, and, to provide therefor, has duly authorized the execution and delivery of this Indenture
Target identity evidence: the “Notes”
Target identity evidence: Section 11.06 Restrictions on Redemption. The Company may not redeem any Notes on any date if the principal amount of the Notes has been accelerated in accordance with the terms of this Indenture, and such acceleration has not been rescinded, on or prior to the Redemption Date
Target scope evidence: The Company covenants and agrees that it will cause to be paid the principal of (including the Fundamental Change Repurchase Price and Redemption Price, as applicable) and accrued and unpaid interest, if any, on each of the Notes at the places, at the respective times and in the manner provided herein and in the Notes.
Section 11.06 · Restrictions on RedemptionThe Company may not redeem any Notes on any date if the principal amount of the Notes has been accelerated in accordance with the terms of this Indenture, and such acceleration has not been rescinded, on or prior to the Redemption DateExceptions: the principal amount of the Notes has been accelerated in accordance with the terms of this Indenture, and such acceleration has not been rescinded, on or prior to the Redemption DateSection 11.06 Restrictions on Redemption.Full wording and supporting evidence
Source evidence: Section 11.06 Restrictions on Redemption. The Company may not redeem any Notes on any date if the principal amount of the Notes has been accelerated in accordance with the terms of this Indenture, and such acceleration has not been rescinded, on or prior to the Redemption Date (including as a result of the payment of the Redemption Price and any related interest on the Redemption Date).
Target identity evidence: INDENTURE, dated as June 16, 2023, between Lumentum Holdings Inc., a Delaware corporation, as issuer (the “Company”), and U.S. Bank Trust Company, National Association, a national banking association, as trustee (the “Trustee”).
Target identity evidence: WHEREAS, the Company has duly authorized the creation of an issue of the Company’s 1.50% Convertible Senior Notes due 2029 (the “Notes”), having the terms, tenor, amount and other provisions hereinafter set forth, and, to provide therefor, has duly authorized the execution and delivery of this Indenture; and
Target identity evidence: Lumentum Holdings Inc.
Target identity evidence: INDENTURE
Target identity evidence: Dated as of June 16, 2023
Target identity evidence: 1.50% Convertible Senior Notes due 2029
Target identity evidence: WHEREAS, the Company has duly authorized the creation of an issue of the Company’s 1.50% Convertible Senior Notes due 2029 (the “Notes”), having the terms, tenor, amount and other provisions hereinafter set forth, and, to provide therefor, has duly authorized the execution and delivery of this Indenture
Target identity evidence: the “Notes”
Target identity evidence: Section 11.06 Restrictions on Redemption. The Company may not redeem any Notes on any date if the principal amount of the Notes has been accelerated in accordance with the terms of this Indenture, and such acceleration has not been rescinded, on or prior to the Redemption Date
Target scope evidence: Section 11.06 Restrictions on Redemption. The Company may not redeem any Notes on any date if the principal amount of the Notes has been accelerated in accordance with the terms of this Indenture, and such acceleration has not been rescinded, on or prior to the Redemption Date
Section 4.08(a) · Reservation of Sharesthe Company will reserve out of its authorized but unissued shares of Common Stock a sufficient number of shares of Common Stock to permit the conversion of the Notes, assuming Physical Settlement applies to all Notes.Section 4.08 Certain Covenants.Full wording and supporting evidence
Source evidence: (a) Reservation of Shares. To the extent necessary to satisfy its obligations under this Indenture, prior to issuing any shares of Common Stock, the Company will reserve out of its authorized but unissued shares of Common Stock a sufficient number of shares of Common Stock to permit the conversion of the Notes, assuming Physical Settlement applies to all Notes.
Target identity evidence: INDENTURE, dated as June 16, 2023, between Lumentum Holdings Inc., a Delaware corporation, as issuer (the “Company”), and U.S. Bank Trust Company, National Association, a national banking association, as trustee (the “Trustee”).
Target identity evidence: WHEREAS, the Company has duly authorized the creation of an issue of the Company’s 1.50% Convertible Senior Notes due 2029 (the “Notes”), having the terms, tenor, amount and other provisions hereinafter set forth, and, to provide therefor, has duly authorized the execution and delivery of this Indenture; and
Target identity evidence: Lumentum Holdings Inc.
Target identity evidence: INDENTURE
Target identity evidence: Dated as of June 16, 2023
Target identity evidence: 1.50% Convertible Senior Notes due 2029
Target identity evidence: WHEREAS, the Company has duly authorized the creation of an issue of the Company’s 1.50% Convertible Senior Notes due 2029 (the “Notes”), having the terms, tenor, amount and other provisions hereinafter set forth, and, to provide therefor, has duly authorized the execution and delivery of this Indenture
Target identity evidence: the “Notes”
Target identity evidence: Section 11.06 Restrictions on Redemption. The Company may not redeem any Notes on any date if the principal amount of the Notes has been accelerated in accordance with the terms of this Indenture, and such acceleration has not been rescinded, on or prior to the Redemption Date
[NAME OF OFFICER], the [TITLE] of Lumentum Holdings Inc., a Delaware corporation (the “**Company**”), does hereby certify, in connection with the sale of $603,750,000 aggregate principal amount of the Company’s 1.50% Convertible Senior Notes due 2029 (the “**Notes**”) pursuant to the terms of the Indenture, dated as of June 16, 2023 (as may be amended or supplemented from time to time, the “**Indenture**”), by and among the Company and U.S. Bank Trust Company, National Association, as trustee (the “**Trustee**”), that:
Issuer evidence: [NAME OF OFFICER], the [TITLE] of Lumentum Holdings Inc., a Delaware corporation (the “**Company**”), does hereby certify, in connection with the sale of $603,750,000 aggregate principal amount of the Company’s 1.50% Convertible Senior Notes due 2029 (the “**Notes**”) pursuant to the terms of the Indenture, dated as of June 16, 2023 (as may be amended or supplemented from time to time, the “**Indenture**”), by and among the Company and U.S. Bank Trust Company, National Association, as trustee (the “**Trustee**”), that:
Supporting evidence: [NAME OF OFFICER], the [TITLE] of Lumentum Holdings Inc., a Delaware corporation (the “**Company**”), does hereby certify, in connection with the sale of $603,750,000 aggregate principal amount of the Company’s 1.50% Convertible Senior Notes due 2029 (the “**Notes**”) pursuant to the terms of the Indenture, dated as of June 16, 2023 (as may be amended or supplemented from time to time, the “**Indenture**”), by and among the Company and U.S. Bank Trust Company, National Association, as trustee (the “**Trustee**”), that:
Supporting evidence: [NAME OF OFFICER], the [TITLE] of Lumentum Holdings Inc., a Delaware corporation (the “**Company**”), does hereby certify, in connection with the sale of $603,750,000 aggregate principal amount of the Company’s 1.50% Convertible Senior Notes due 2029 (the “**Notes**”) pursuant to the terms of the Indenture, dated as of June 16, 2023 (as may be amended or supplemented from time to time, the “**Indenture**”), by and among the Company and U.S. Bank Trust Company, National Association, as trustee (the “**Trustee**”), that:
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
30.84×
Peer median 7.36×
EV/EBIT
177.13×
Peer median 32.55×
P/E (TTM)
—
Peer median 35.92×
EV/Adj. EBITDA (FY2026)
90.62×
Peer medians compare against the 8 similar-size Communication Equipment companies (of 39 listed).
EV/Adj. EBITDA uses
the company-stated
“Adjusted EBITDA”,
extracted from the reconciliation in its SEC filings — the company's own non-GAAP definition, not an XBRL-tagged figure.
Valuation over time computed as of each quarter's filing date
EV/Adj. EBITDA uses
the company-stated
“Adjusted EBITDA”,
extracted from the reconciliation in its SEC filings as it existed at each sample date — the company's own non-GAAP definition, not an XBRL-tagged figure. Each point's tooltip names its TTM or fiscal-year basis.
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
