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Lumentum Holdings Inc. Interest Expense 2013-2024 | LITE

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What is interest expense?

Interest expense represents the cost of borrowing money, including interest paid on bonds, loans, and other debt obligations.

What is Lumentum Holdings Inc.'s current interest expense?

Lumentum Holdings Inc. (LITE) annual interest expense for 2023 was $26.1M, a 67.46% decline from 2022. Lumentum Holdings Inc. interest expense for the quarter ending March 30, 2024 was $9.0M.

What was Lumentum Holdings Inc.'s interest expense in 2022?

Lumentum Holdings Inc. annual interest expense for 2022 was $80.2M, a 20.24% increase from 2021.

What was Lumentum Holdings Inc.'s interest expense in 2021?

Lumentum Holdings Inc. annual interest expense for 2021 was $66.7M, a 8.99% increase from 2020.

What is Lumentum Holdings Inc.'s 5-year interest expense CAGR?

Lumentum Holdings Inc. interest expense grew at a compound annual growth rate (CAGR) of 7.48% from FY2018 to FY2023, going from $18.2M to $26.1M over 5 years.

Interest Expense History

Year-over-year comparison from 10-K annual reports

Key Statistics
Trend Direction
Stable
CAGR+7.5%
FY2018
$18.2M
→
FY2023
$26.1M
1314151617181920212223
5 years selected
Interest Expense History
PeriodValueChangeSource
FY2023$26.1M-67.5%10-K
FY2022$80.2M+20.2%10-K
FY2021$66.7M+9.0%10-K
FY2020$61.2M+68.6%10-K
FY2019$36.3M+99.5%10-K
FY2018$18.2M+230.9%10-K
FY2017$5.5M+5400.0%10-K
FY2016$100,000-85.7%10-K
FY2015$700,000+250.0%10-K
FY2014$200,000-80.0%10-K
FY2013$1.0M-10-K
Company: Lumentum Holdings Inc.Ticker: LITESector: TechnologyIndustry: Communications Equipment, NECView company profile →