Ericsson (ERIC) vs Lumentum (LITE)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Lumentum (LITE) has outperformed Ericsson (ERIC) over the past year, gaining 609.3% versus a gain of 12.2%. Over five years, LITE leads with a +1208.4% price change compared with -22.3% for ERIC. Lumentum is the larger company by market cap ($99.66 billion vs $30.78 billion), about 3.2 times the size.
On valuation, Ericsson trades at a lower forward P/E (15.4x vs 31.2x for Lumentum).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ERIC | LITE |
|---|---|---|
| Share price | $9.46 | $1,111.07 |
| Market cap | $30.78B | $99.66B |
| 1-day change | +0.32% | -1.97% |
| YTD return | -1.97% | +202.41% |
| 1-year return | +12.22% | +609.30% |
| 5-year return | -22.33% | +1208.44% |
| P/E ratio (TTM) | 11.97 | — |
| Forward P/E | 15.44 | 31.24 |
| EPS (TTM) | $0.79 | $-92.96 |
| Dividend yield | 3.39% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | — | $3.01B |
| Revenue growth (YoY) | — | +83.22% |
| Net income (latest FY) | — | $-6.94B |
| Gross margin | — | 41.67% |
| Operating margin | — | 17.41% |
| Net margin | — | -230.10% |
| 52-week high | $13.77 | $1,137.21 |
| 52-week low | $8.12 | $147.81 |
| Distance from 52-week high | -31.30% | -2.30% |
| Analyst consensus | underperform | strong_buy |
| Avg. price target upside | -1.37% | +4.58% |
| Average volume | 11.03M | 4.64M |
| Shares outstanding | 2.99B | 89.70M |
| Employees | 86,536 | 13,757 |
| Sector | Technology | Technology |
| Industry | Communication Equipment | Communication Equipment |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Lumentum is about 3.2 times larger than Ericsson by market value ($99.66B vs $30.78B).
- LITE has outperformed ERIC by 597.1 percentage points over the past year.
- Ericsson offers a meaningfully higher dividend yield (3.39% vs 0.00%).
About Ericsson
ERIC stock →Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides mobile connectivity solutions to communications service providers, enterprises, and the public sector in the Americas, Europe, the Middle East, Africa, Northeast Asia, Southeast Asia, Oceania, and India. It operates through Networks; Cloud Software and Services; Enterprise; and Other segments.
Technology · Communication Equipment · 86,536 employees
About Lumentum
LITE stock →Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa.
Technology · Communication Equipment · 13,757 employees
ERIC vs LITE FAQ
Which is bigger, Ericsson or Lumentum?
Lumentum (LITE) is larger, with a market capitalization of $99.66B compared with $30.78B for Ericsson (ERIC).
Which stock has performed better over the past year, ERIC or LITE?
LITE returned +609.30% over the past 12 months, compared with +12.22% for ERIC (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Ericsson or Lumentum?
Ericsson pays a dividend yielding 3.39%, while Lumentum does not currently pay a regular dividend.
Are Ericsson and Lumentum in the same industry?
Yes. Both are classified in the Communication Equipment industry within the Technology sector.