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 invested capital
Light & Wonder, Inc.'s return on invested capital over the twelve months to 30 September 2026 was 8.11%, down 0.2 percentage points from fiscal 2025 (8.29%). Over the past ten years it has ranged from −9.76% (fiscal 2015) to 9.94% (fiscal 2024); the current reading is higher than 91% of that period. That is above the Gambling industry median of 0.00% and above the Consumer Cyclical sector median of 3.42%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 8.29% | (1.65) |
| FY2024 | 9.94% | 2.09 |
| FY2023 | 7.85% | 3.68 |
| FY2022 | 4.17% | 3.02 |
| FY2021 | 1.15% | 3.79 |
| FY2020 | −2.64% | (5.54) |
| FY2019 | 2.90% | 0.29 |
| FY2018 | 2.61% | (1.54) |
| FY2017 | 4.15% | 2.79 |
| FY2016 | 1.36% | 11.12 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| SGHC Super Group (SGHC) Limited compare | 101.2% |
| ACEL Accel Entertainment, Inc. compare | 12.7% |
| CHDN Churchill Downs, Incorporated compare | 8.20% |
| LNWO Light & Wonder, Inc. | 8.11% |
| BRSL Brightstar Lottery compare | 6.38% |
| CDRO Codere Online Luxembourg, S.A. compare | 0.00% |
| RSI Rush Street Interactive, Inc. compare | 0.00% |
| FLUT Flutter Entertainment PLC compare | −3.05% |
| DKNG DraftKings Inc. compare | −11.2% |
| Gambling industry median | 0.00% |
| Consumer Cyclical sector median | 3.42% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
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 equity
- Return on assets
- 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