vs

Side-by-side financial comparison of Lumen Technologies, Inc. (LUMN) and Occidental Petroleum (OXY). Click either name above to swap in a different company.

Lumen Technologies, Inc. is the larger business by last-quarter revenue ($2.7B vs $1.7B, roughly 1.7× Occidental Petroleum). Occidental Petroleum runs the higher net margin — 6.9% vs -0.1%, a 6.9% gap on every dollar of revenue. On growth, Lumen Technologies, Inc. posted the faster year-over-year revenue change (-11.0% vs -75.8%). Occidental Petroleum produced more free cash flow last quarter ($1.9B vs $-1.1B). Over the past eight quarters, Lumen Technologies, Inc.'s revenue compounded faster (-5.3% CAGR vs -50.4%).

Lumen Technologies, Inc. is an American telecommunications company headquartered in Monroe, Louisiana. It offers network, security, cloud, voice, and other managed communications services through its fiber optic and copper networks, data centers and cloud computing services. The company has been included in the S&P 600 index since March 2023, and was previously listed among the S&P 500.

Occidental Petroleum Corporation is an American company engaged in hydrocarbon exploration in the United States and the Middle East as well as petrochemical manufacturing in the United States, Canada, and Chile. It is incorporated under the Delaware General Corporation Law and headquartered in Houston. The company ranked 183rd on the 2021 Fortune 500 based on its 2020 revenues and 670th on the 2021 Forbes Global 2000.

LUMN vs OXY — Head-to-Head

Bigger by revenue
LUMN
LUMN
1.7× larger
LUMN
$2.7B
$1.7B
OXY
Growing faster (revenue YoY)
LUMN
LUMN
+64.9% gap
LUMN
-11.0%
-75.8%
OXY
Higher net margin
OXY
OXY
6.9% more per $
OXY
6.9%
-0.1%
LUMN
More free cash flow
OXY
OXY
$3.0B more FCF
OXY
$1.9B
$-1.1B
LUMN
Faster 2-yr revenue CAGR
LUMN
LUMN
Annualised
LUMN
-5.3%
-50.4%
OXY

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LUMN
LUMN
OXY
OXY
Revenue
$2.7B
$1.7B
Net Profit
$-2.0M
$114.0M
Gross Margin
40.7%
Operating Margin
-7.3%
-6.5%
Net Margin
-0.1%
6.9%
Revenue YoY
-11.0%
-75.8%
Net Profit YoY
-102.4%
195.0%
EPS (diluted)
$-0.01
$-0.07

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
LUMN
LUMN
OXY
OXY
Q4 25
$2.7B
$1.7B
Q3 25
$2.8B
$6.7B
Q2 25
$2.9B
$6.3B
Q1 25
$2.9B
$6.9B
Q4 24
$3.1B
$6.9B
Q3 24
$3.0B
$7.0B
Q2 24
$3.0B
$6.8B
Q1 24
$3.1B
$6.7B
Net Profit
LUMN
LUMN
OXY
OXY
Q4 25
$-2.0M
$114.0M
Q3 25
$-621.0M
$842.0M
Q2 25
$-915.0M
$468.0M
Q1 25
$-201.0M
$945.0M
Q4 24
$85.0M
$-120.0M
Q3 24
$-148.0M
$1.1B
Q2 24
$-49.0M
$1.2B
Q1 24
$57.0M
$888.0M
Gross Margin
LUMN
LUMN
OXY
OXY
Q4 25
40.7%
Q3 25
39.4%
87.8%
Q2 25
43.4%
86.6%
Q1 25
42.0%
88.4%
Q4 24
44.7%
89.0%
Q3 24
43.0%
88.5%
Q2 24
45.2%
87.9%
Q1 24
46.0%
89.0%
Operating Margin
LUMN
LUMN
OXY
OXY
Q4 25
-7.3%
-6.5%
Q3 25
-4.1%
17.4%
Q2 25
-21.0%
11.7%
Q1 25
3.7%
19.3%
Q4 24
5.0%
-2.5%
Q3 24
4.2%
22.7%
Q2 24
4.5%
24.0%
Q1 24
1.5%
15.0%
Net Margin
LUMN
LUMN
OXY
OXY
Q4 25
-0.1%
6.9%
Q3 25
-22.1%
12.6%
Q2 25
-31.9%
7.4%
Q1 25
-6.9%
13.7%
Q4 24
2.8%
-1.7%
Q3 24
-5.0%
16.2%
Q2 24
-1.6%
17.2%
Q1 24
1.9%
13.2%
EPS (diluted)
LUMN
LUMN
OXY
OXY
Q4 25
$-0.01
$-0.07
Q3 25
$-0.62
$0.65
Q2 25
$-0.92
$0.26
Q1 25
$-0.20
$0.77
Q4 24
$0.08
$-0.32
Q3 24
$-0.15
$0.98
Q2 24
$-0.05
$1.03
Q1 24
$0.06
$0.75

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LUMN
LUMN
OXY
OXY
Cash + ST InvestmentsLiquidity on hand
$1.0B
$2.0B
Total DebtLower is stronger
$17.4B
$20.6B
Stockholders' EquityBook value
$-1.1B
$36.0B
Total Assets
$34.3B
$84.2B
Debt / EquityLower = less leverage
0.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LUMN
LUMN
OXY
OXY
Q4 25
$1.0B
$2.0B
Q3 25
$2.4B
$2.2B
Q2 25
$1.6B
$2.3B
Q1 25
$1.9B
$2.6B
Q4 24
$1.9B
$2.1B
Q3 24
$2.6B
$1.8B
Q2 24
$1.5B
$1.8B
Q1 24
$1.6B
$1.3B
Total Debt
LUMN
LUMN
OXY
OXY
Q4 25
$17.4B
$20.6B
Q3 25
$17.6B
$20.8B
Q2 25
$17.6B
$23.3B
Q1 25
$17.3B
$24.0B
Q4 24
$17.5B
$25.0B
Q3 24
$18.1B
$25.5B
Q2 24
$18.4B
$18.4B
Q1 24
$18.6B
$18.5B
Stockholders' Equity
LUMN
LUMN
OXY
OXY
Q4 25
$-1.1B
$36.0B
Q3 25
$-1.2B
$36.3B
Q2 25
$-595.0M
$35.7B
Q1 25
$289.0M
$34.7B
Q4 24
$464.0M
$34.2B
Q3 24
$342.0M
$34.7B
Q2 24
$466.0M
$32.1B
Q1 24
$504.0M
$30.8B
Total Assets
LUMN
LUMN
OXY
OXY
Q4 25
$34.3B
$84.2B
Q3 25
$34.3B
$83.5B
Q2 25
$33.0B
$84.4B
Q1 25
$33.5B
$85.0B
Q4 24
$33.5B
$85.4B
Q3 24
$34.0B
$85.8B
Q2 24
$32.9B
$76.2B
Q1 24
$33.2B
$74.3B
Debt / Equity
LUMN
LUMN
OXY
OXY
Q4 25
0.57×
Q3 25
0.57×
Q2 25
0.65×
Q1 25
59.98×
0.69×
Q4 24
37.70×
0.73×
Q3 24
53.05×
0.73×
Q2 24
39.51×
0.57×
Q1 24
36.89×
0.60×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LUMN
LUMN
OXY
OXY
Operating Cash FlowLast quarter
$562.0M
$2.6B
Free Cash FlowOCF − Capex
$-1.1B
$1.9B
FCF MarginFCF / Revenue
-39.4%
113.4%
Capex IntensityCapex / Revenue
59.9%
45.4%
Cash ConversionOCF / Net Profit
23.11×
TTM Free Cash FlowTrailing 4 quarters
$371.0M
$4.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LUMN
LUMN
OXY
OXY
Q4 25
$562.0M
$2.6B
Q3 25
$2.5B
$2.8B
Q2 25
$570.0M
$3.0B
Q1 25
$1.1B
$2.1B
Q4 24
$688.0M
$3.4B
Q3 24
$2.0B
$3.7B
Q2 24
$511.0M
$2.4B
Q1 24
$1.1B
$2.0B
Free Cash Flow
LUMN
LUMN
OXY
OXY
Q4 25
$-1.1B
$1.9B
Q3 25
$1.5B
$1.0B
Q2 25
$-321.0M
$962.0M
Q1 25
$304.0M
$240.0M
Q4 24
$-227.0M
$1.6B
Q3 24
$1.2B
$2.0B
Q2 24
$-242.0M
$623.0M
Q1 24
$389.0M
$224.0M
FCF Margin
LUMN
LUMN
OXY
OXY
Q4 25
-39.4%
113.4%
Q3 25
52.4%
15.3%
Q2 25
-11.2%
15.2%
Q1 25
10.4%
3.5%
Q4 24
-7.4%
23.0%
Q3 24
39.8%
28.5%
Q2 24
-8.0%
9.2%
Q1 24
12.7%
3.3%
Capex Intensity
LUMN
LUMN
OXY
OXY
Q4 25
59.9%
45.4%
Q3 25
37.1%
26.5%
Q2 25
31.1%
31.6%
Q1 25
27.2%
27.6%
Q4 24
29.7%
26.0%
Q3 24
28.6%
24.0%
Q2 24
25.0%
26.0%
Q1 24
23.3%
26.5%
Cash Conversion
LUMN
LUMN
OXY
OXY
Q4 25
23.11×
Q3 25
3.31×
Q2 25
6.32×
Q1 25
2.27×
Q4 24
8.09×
Q3 24
3.23×
Q2 24
2.05×
Q1 24
19.33×
2.26×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

LUMN
LUMN

Large Enterprise$758.0M28%
Wholesale$661.0M24%
Mid Market Enterprise$472.0M17%
Fiber Broadband$232.0M8%
Other Broadband$218.0M8%
Other$184.0M7%
Voice And Other$166.0M6%
International And Other$77.0M3%

OXY
OXY

Segment breakdown not available.

Related Comparisons