https://i.ibb.co/D5kcYmW/image-2021-08-17-011008.png
To give you an idea on what red is capable of, here are all my AOE skills tooltipped. A special mention goes to Improved Wizards Fire, while low damage (27-32k, 80k on a crit) it becomes 3 targets and you can still use it on the move.
I currently have 540k mastery, so it can be higher but I do landscape in my yellow gear. In raids you nerf your TM because a LM is not needed for its DPS but rather staying alive to support everyone else's endeavor, so vit stacking is of more import. Blue Tree is incapable of outputting these kinds of numbers at higher levels when summoned pets, both Captain and Lore-master inherently cannot keep up with mob scaling. It is no longer rolling through Forochel with a Lynx that one shots. Nor is it pulling two mobs, CCing one and burning the other. You herd a crowd, annihilate it and move on.
Do equip some crit rating though, water-lore pulses do crit after all and a critted gust of wind unlocks pleasant breeze.