Brightstar Lottery

BRSL Consumer Cyclical Gambling

In the quarter to June 2026, revenue fell 7.45%, EPS grew 162.1%, free cash flow fell 719.1% and total debt fell 33.5%, each against the same quarter a year earlier.

9.50 0.20 −2.06%
Market cap
$1.8B
P/E
7.3×
Fwd P/E
16.1×
Dividend yield
9.58%
F-score
4/9
Altman Z
0.57
Beneish M
−1.86
Dividend safety
12/100

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 48.75%

Capital & Financial Ratios $m

Market Cap 1,780.00
Revenue 2,468.00
Net Income 366.00
Free Cash Flow (2,221.00)
Net Debt 3,775.00
Current Ratio 1.10
Debt/Equity 2.16 (above 2: weak)
P/E ratio 7.31
Fwd P/E 16.10
P/S ratio 0.71
P/B ratio 0.87
Past 5Y EPS Growth —
This Y EPS Growth (42.10%) (below 0%: weak)
Next Y EPS Growth 44.69% (at or above 15%: strong)
Next Y revenue growth (1.00%) (below 0%: weak)
Next 5Y EPS Growth (1.19%) (below 0%: weak)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 0.06%
10-year low 10-year high
P/S against its own 10 years 18.91%
10-year low 10-year high
P/B against its own 10 years 3.83%
10-year low 10-year high
EV/Sales against its own 10 years 31.92%
10-year low 10-year high

Dividends

Payout Ratio 0.70
Annual Dividend Rate 0.91
Annual Dividend Yield 9.58%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 0.92
0.23
0.23
0.23
2025 3.82
0.20
0.20
3.00
0.20
0.22
2024 0.80
0.20
0.20
0.20
0.20
2023 0.80
0.20
0.20
0.20
0.20
2022 0.80
0.20
0.20
0.20
0.20
2021 0.20
0.20
2020 0.20
0.20
2019 0.80
0.20
0.20
0.20
0.20
2018 0.80
0.20
0.20
0.20
0.20
2017 0.80
0.20
0.20
0.20
0.20
2016 0.80
0.20
0.20
0.20
0.20
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 654 704 1,500 579
Receivables 403 468 526 466
Inventory 110 113 116 132
Other 141 114 193 186
2,123 6,165 2,336 1,363
2023 2024 2025 Q'26
Payables 643 718 766 687
ST’ Debt — 208 118 —
Other 561 619 508 550
1,691 2,687 3,072 1,237

Compound Annual Growth %

10y 5y 3y
Sales (6.05%) (4.22%) (15.92%)
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% (18.84%)
Book Value (7.23%) 0.37% (7.04%)

Revenue $m

Mar Jun Sep Dec Year
’26 587 584 — — —
’25 583 631 629 668 2,511
’24 661 613 587 651 2,512
’23 1,060 1,055 601 — 2,529
’22 1,051 1,021 1,060 1,093 4,225
’21 1,015 1,041 984 1,049 4,089
’20 814 600 816 885 3,115
Fiscal quarters ending in the months shown.
value withheld pending a data check

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 165 (1,339) — — —
’25 240 334 (486) (187) (99)
’24 120 343 261 326 1,050
’23 311 34 296 399 1,040
’22 189 196 236 278 899
’21 215 254 113 396 978
’20 157 168 285 256 866
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 55 (1,461) — — —
’25 164 236 (551) (264) (415)
’24 85 304 231 281 901
’23 217 (65) 385 356 893
’22 116 116 178 194 604
’21 173 186 70 332 761
’20 78 112 222 208 620
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.20 0.18 — — —
’25 0.13 (0.29) 0.60 0.32 0.74
’24 0.40 0.20 0.04 1.07 1.71
’23 0.11 0.23 0.46 (0.04) 0.77
’22 0.39 (0.02) 1.30 (0.32) 1.35
’21 0.44 1.49 0.31 0.09 2.33
’20 (1.21) (1.37) (0.62) (1.18) (4.39)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.7
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 12.48 17.25 13.33 11.32 3.59 15.11 15.01 22.30 16.83 13.81

Analyst estimates 2026–2028

Powerpack
High 32.07 29.36 31.00 17.85 17.14 32.95 30.84 33.99 27.69 18.57
People
People Employees 12,613 12,278 12,100 11,922 11,048 10,486 10,786 11,016 11,019 5,815
Revenue/emp, $m 0.41 0.40 0.40 0.34 0.28 0.39 0.39 0.23 0.23 0.43
Income, $m
Income, $m Revenue 5,154 4,939 4,831 4,032 3,115 4,089 4,225 2,529 2,512 2,511
Gross margin, % 39.16 36.58 39.11 42.08 36.44 47.88 47.34 47.84 53.07 50.46
EBT 323 (977) 304 128 (848) 529 589 488 521 299
EBT margin, % 6.28 (19.78) 6.29 3.17 (27.22) 12.94 13.94 19.30 20.74 11.91
Net income 264 (948) 115 (3) (839) 670 414 307 508 287
Depreciation 1,018 1,035 945 842 587 761 685 415 402 444
Per share, $
Per share, $ Revenue 25.58 24.31 23.67 19.73 15.22 19.95 20.92 12.65 12.44 12.75
Earnings 1.05 (5.26) (0.10) (0.09) (4.39) 2.35 1.36 0.78 1.73 0.74
Cash flow 1.40 3.27 0.15 5.35 4.23 4.77 4.45 5.20 5.20 (0.50)
Capex (1.77) (2.61) (2.52) (1.24) (1.20) (1.06) (1.46) (0.73) (0.74) (1.60)
Free cash flow (0.37) 0.65 (2.37) 4.11 3.03 3.71 2.99 4.47 4.46 (2.11)
Book value 17.00 11.59 13.48 12.16 7.62 9.62 9.80 9.76 10.20 8.07
Shares, m 202 203 204 204 205 205 202 200 202 197
Valuation, ×
Valuation, × P/E 24.66 0.00 0.00 0.00 0.00 12.25 16.58 35.13 10.15 20.37
P/S 1.00 1.10 0.62 0.76 1.11 1.45 1.08 2.17 1.42 1.21
P/B 1.51 2.31 1.09 1.23 2.22 3.01 2.30 2.81 1.73 1.92
EV/Sales 2.42 2.53 2.29 2.54 3.41 2.86 2.26 4.27 3.27 2.28
EV/FCF (166.96) 94.16 (22.82) 12.20 17.12 15.35 15.84 12.11 9.13 (13.80)
Cash, $m
Cash, $m Operating cash flow 281 663 30 1,093 866 978 899 1,040 1,050 (99)
Capex (356) (531) (514) (253) (246) (217) (295) (147) (149) (316)
Free cash flow (75) 133 (484) 840 620 761 604 893 901 (415)
Balance, $m
Balance, $m Working capital (52) (612) 285 166 825 573 283 432 3,478 (736)
Total debt 7,863 8,377 8,012 8,062 8,250 6,568 5,751 5,655 5,361 4,178
Net debt 7,322 7,071 7,500 7,187 7,144 5,759 5,011 5,001 4,657 2,678
Shareholders’ equity 3,426 2,355 2,752 2,485 1,561 1,971 1,979 1,952 2,061 1,590
Returns, %
Returns, % ROA 1.40 (7.07) (0.15) (0.14) (6.74) 3.96 2.53 1.49 3.36 1.51
ROIC 3.84 (0.34) 3.94 3.09 (0.78) 7.30 8.23 6.77 6.42 9.27
ROE 6.22 (36.97) (0.84) (0.73) (44.39) 27.29 13.92 7.93 17.34 8.05
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Brightstar Lottery vs peers in Gambling (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
DKNG DraftKings Inc. $17.2B — (loss-making) 90.5× −4.58% (below 0%: shrinking) n/m −51.62% (below 0%: shrinking) 38.21% (4.72%) Compare
FLUT Flutter Entertainment PLC $13.2B — (loss-making) 43.5× +3.32% (above 0%: growing) n/m +21.15% (above 0%: growing) 39.60% (3.33%) Compare
LNWO Light & Wonder, Inc. $7.0B 24.0× 15.2× +2.35% (above 0%: growing) +38.39% (above 0%: growing) +464.29% (above 0%: growing) 74.64% 26.93% Compare
CHDN Churchill Downs, Incorporated $5.7B 14.0× 12.1× +4.93% (above 0%: growing) +13.58% (above 0%: growing) +2.58% (above 0%: growing) 42.76% 36.43% Compare
SGHC Super Group (SGHC) Limited $5.7B 15.1× 14.9× +32.30% (above 0%: growing) +100.00% (above 0%: growing) −39.92% (below 0%: shrinking) 100.00% 25.15% Compare
RSI Rush Street Interactive, Inc. $4.4B 61.7× 69.2× +46.27% (above 0%: growing) −44.44% (below 0%: shrinking) +128.07% (above 0%: growing) 35.47% 11.74% Compare
BRSL Brightstar Lottery $1.8B 7.3× 16.1× −7.45% (below 0%: shrinking) n/m −719.07% (below 0%: shrinking) 46.92% 19.69%
ACEL Accel Entertainment, Inc. $898.0M 15.8× 16.9× +9.59% (above 0%: growing) +66.67% (above 0%: growing) +266.72% (above 0%: growing) 31.30% 8.71% Compare
CDRO Codere Online Luxembourg, S.A. $437.9M — (loss-making) — +232.74% (above 0%: growing) +94.12% (above 0%: growing) +7,111.62% (above 0%: growing) 47.71% 0.00% Compare
Median of peers $5.7B 15.8× 16.9× +7.26% +52.53% +74.61% 41.18% 10.23%

All 16 Gambling stocks →

Brightstar Lottery (BRSL) key facts

  • Brightstar Lottery (BRSL) is a Gambling company in the Consumer Cyclical sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, BRSL traded at $9.50, a market capitalization of $1.8 billion.
  • Brightstar Lottery pays an annual dividend of $0.91 per share, a yield of 9.58%, with a payout ratio of 70.0%.
  • Return on equity was 8.05% and debt-to-equity 2.16.
  • Its Piotroski F-score is 4 out of 9 and its Altman Z-score is 0.57 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Brightstar Lottery (BRSL) Latest News

stockrow.com/BRSL · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com