Light & Wonder, Inc.
LNWO Consumer Cyclical Gambling
Light & Wonder, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.3 billion, up 3.95% from fiscal 2024.
- Revenue
- −2.02%
- EPS
- +27.0%
- Free cash flow
- +124.8%
- Total debt
- +0.79%
Quarter to September 2026, against a year earlier
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Light & Wonder, Inc. (LNWO) Return on equity
Light & Wonder, Inc.'s return on equity over the twelve months to 30 September 2026 was 50.6%, down 12.0 percentage points from fiscal 2025 (62.7%). Over the past ten years it has ranged from −777.8% (fiscal 2022) to 187.0% (fiscal 2015); the current reading is higher than 91% of that period. That is above the Gambling industry median of 11.8% and above the Consumer Cyclical sector median of 3.20%.
Return on equity, annual
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Annual newest first
| Period | Return on equity | Change (points) |
|---|---|---|
| FY2025 | 62.7% | 14.69 |
| FY2024 | 48.0% | 31.04 |
| FY2023 | 16.9% | 794.71 |
| FY2022 | −777.8% | (761.75) |
| FY2021 | −16.0% | (40.60) |
| FY2020 | 24.6% | 18.88 |
| FY2019 | 5.69% | (9.99) |
| FY2018 | 15.7% | 3.47 |
| FY2017 | 12.2% | (8.41) |
| FY2016 | 20.6% | (166.33) |
Against its own ten years
Return on equity against peers
| Company | Return on equity |
|---|---|
| LNWO Light & Wonder, Inc. | 50.6% |
| SGHC Super Group (SGHC) Limited compare | 48.8% |
| CHDN Churchill Downs, Incorporated compare | 37.7% |
| ACEL Accel Entertainment, Inc. compare | 22.3% |
| BRSL Brightstar Lottery compare | 12.3% |
| RSI Rush Street Interactive, Inc. compare | 11.8% |
| CDRO Codere Online Luxembourg, S.A. compare | 0.00% |
| FLUT Flutter Entertainment PLC compare | −10.5% |
| DKNG DraftKings Inc. compare | −21.1% |
| Gambling industry median | 11.8% |
| Consumer Cyclical sector median | 3.20% |
| Market median | 0.51% |
What Return on equity is
ROE shows how much profit a company earns for its shareholders on the equity they have in the business.
Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)
More on LNWO
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement