Level 3 Parent, LLC
Communication Services · Telephone Communications (No Radiotelephone) · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $5.49B | $5.62B | $6.20B | $6.59B | $6.99B | $7.01B |
| Operating income | $89.0M | $61.0M | −$1.63B | −$4.25B | $1.03B | $1.16B |
| Net income | −$780.0M | −$276.0M | −$2.00B | −$4.79B | $586.0M | $651.0M |
| Total assets | $17.65B | $16.43B | $17.25B | $19.76B | $28.09B | $28.58B |
| Total liabilities | — | — | — | — | — | — |
| Equity | −$1.77B | $196.0M | $3.62B | $6.78B | $12.99B | $12.90B |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 0 | 0 | 0 | 0 | 0 | 0 |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 1.6%
- Net margin
- −14.2%
- Return on equity
- 44.0%
- Return on assets
- −4.4%
- Return on capital (ROCE)
- 0.6%
- Liabilities / assets
- —
- Debt / equity
- —
- Book value / share
- —
- Revenue growth (YoY)
- −2.2%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Accruals / assets
- −27.5%clean
- Piotroski F-Score
- 4/8mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 1 severe● 2 warning● 4 good- Negative shareholder equity
- Reported a net loss
- Revenue declined year-over-year
- Operating margin is positive
- Strong return on equity (>15%)
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Alonso HectorOfficer — Regional President, Latin Amer | Nov 1, 2017 | D | 32,817 | $0.00 |
| Ryan John MichaelOfficer — EVP, CLO | Nov 1, 2017 | D | 32,817 | $0.00 |
| Pang Laurinda YOfficer — Regional President NA and Asia | Nov 1, 2017 | D | 56,659 | $0.00 |
| Mortensen EricOfficer — SVP, Controller | Nov 1, 2017 | D | 9,475 | $0.00 |
| Stt Crossing Ltd10% owner | Nov 1, 2017 | J | 65.0M | — |
| Hays Spencer BDirector | Nov 1, 2017 | D | 85,581 | $0.00 |
| Esteves Irene MDirector | Nov 1, 2017 | D | 13,393 | $0.00 |
| Van Oppen Peter HDirector | Nov 1, 2017 | D | 25,419 | $0.00 |
| Seah Lim Huat PeterDirector | Nov 1, 2017 | D | 69,254 | $0.00 |
| Mooney Kevin WDirector | Nov 1, 2017 | D | 47,939 | $0.00 |
| Mahoney Michael JDirector | Nov 1, 2017 | D | 64,588 | $0.00 |
| Ellis James O JrDirector | Nov 1, 2017 | D | 69,256 | $0.00 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Entered a material agreement · New financial obligation · Other material eventApr 30, 2026
- Director / officer changeMar 17, 2026
- Director / officer changeFeb 3, 2026
- Entered a material agreement · New financial obligation · Other material eventJan 9, 2026
- Other material eventJan 6, 2026
- Entered a material agreement · New financial obligation · Other material eventDec 23, 2025
- Other material eventDec 22, 2025
- Other material eventDec 9, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.