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

82.48 6.87 −7.69%
Market cap
$7.0B
P/E
21.8×
Fwd P/E
16.5×
Dividend yield
—
F-score
5/9
Altman Z
2.06
Beneish M
−2.72
Dividend safety
n/a

Light & Wonder, Inc. (LNWO) Total debt

Alert me on Total debt

Light & Wonder, Inc.'s total debt at the end of fiscal 2025 was $5.2B, up 33.4% from $3.9B in fiscal 2024. At the end of the quarter to 30 September 2026 it was $5.0B. Over the past ten years it has ranged from $3.9B (fiscal 2024) to $9.3B (fiscal 2020); the current reading is higher than 36% of that period. Light & Wonder, Inc. ranks 2nd of 14 Gambling companies by total debt.

Total debt, annual

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Annual newest first

Period Total debt Change
FY2025 $5.2B 33.41%
FY2024 $3.9B (0.10%)
FY2023 $3.9B (0.51%)
FY2022 $3.9B (55.19%)
FY2021 $8.7B (6.59%)
FY2020 $9.3B 6.62%
FY2019 $8.7B (3.45%)
FY2018 $9.0B 2.97%
FY2017 $8.8B 8.70%
FY2016 $8.1B (1.62%)

Quarterly newest first

Period Total debt Change
Sep 2026 $5.0B (2.94%)
Jun 2026 $5.1B (0.16%)
Mar 2026 $5.1B (0.45%)
Dec 2025 $5.2B 4.47%
43 more quarters

Against its own ten years

Low $3.9B High $9.3B
Ten-year median $8.2B
Current reading's percentile 36

Total debt against peers

What Total debt is

Total Debt tells an investor how much a company has borrowed in all, whether the money is due within a year or later.

Long Term Debt (Total) + Current Part of Debt

The full definition of Total debt →

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