light & wonder inc. - LNW

LNW

Close Chg Chg %
101.11 -0.11 -0.11%

Closed Market

101.00

-0.11 (0.11%)

Volume: 602.86K

Last Updated:

Jul 10, 2025, 4:00 PM EDT

Company Overview: light & wonder inc. - LNW

LNW Key Data

Open

$100.00

Day Range

99.24 - 101.63

52 Week Range

75.46 - 115.00

Market Cap

$8.53B

Shares Outstanding

84.38M

Public Float

83.81M

Beta

1.23

Rev. Per Employee

N/A

P/E Ratio

27.06

EPS

$3.82

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

956.43K

 

LNW Performance

1 Week
 
1.49%
 
1 Month
 
22.96%
 
3 Months
 
29.47%
 
1 Year
 
-6.74%
 
5 Years
 
490.64%
 

LNW Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 26
Full Ratings ➔

About light & wonder inc. - LNW

Light & Wonder, Inc. is a cross-platform global games company, which engages in the development of content and digital markets. It operates through the following segments: Gaming, SciPlay, and iGaming. The Gaming segment includes the design, manufacture, marketing, and distribution of portfolio of gaming products and services. The SciPlay segment involves the development and publishing of digital games on mobile and web platforms. The iGaming segment focuses on the provision of digital gaming content, distribution platforms, player account management systems, and services. The company was founded on July 2, 1984 and is headquartered in Las Vegas, NV.

LNW At a Glance

Light & Wonder, Inc.
6601 Bermuda Road
Las Vegas, Nevada 89119
Phone 1-702-897-7150 Revenue 3.19B
Industry Casinos/Gaming Net Income 336.00M
Sector Consumer Services 2024 Sales Growth 9.855%
Fiscal Year-end 12 / 2025 Employees 6,800
View SEC Filings

LNW Valuation

P/E Current 27.056
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 23.395
Price to Sales Ratio 2.466
Price to Book Ratio 11.68
Price to Cash Flow Ratio 12.517
Enterprise Value to EBITDA 10.215
Enterprise Value to Sales 3.598
Total Debt to Enterprise Value 0.341

LNW Efficiency

Revenue/Employee 468,823.529
Income Per Employee 49,411.765
Receivables Turnover 5.076
Total Asset Turnover 0.581

LNW Liquidity

Current Ratio 1.61
Quick Ratio 1.395
Cash Ratio 0.416

LNW Profitability

Gross Margin 59.473
Operating Margin 23.902
Pretax Margin 13.206
Net Margin 10.54
Return on Assets 6.124
Return on Equity 47.966
Return on Total Capital 7.38
Return on Invested Capital 7.328

LNW Capital Structure

Total Debt to Total Equity 615.881
Total Debt to Total Capital 86.031
Total Debt to Total Assets 72.256
Long-Term Debt to Equity 609.748
Long-Term Debt to Total Capital 85.175
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Light & Wonder Inc. - LNW

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
2.15B 2.51B 2.90B 3.19B
Sales Growth
-20.96% +16.67% +15.53% +9.86%
Cost of Goods Sold (COGS) incl D&A
1.01B 1.16B 1.26B 1.29B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
398.00M 420.00M 384.00M 361.00M
Depreciation
120.00M 111.00M 117.00M 134.00M
Amortization of Intangibles
278.00M 309.00M 267.00M 227.00M
COGS Growth
-39.56% +15.00% +8.46% +2.87%
Gross Income
1.15B 1.35B 1.65B 1.90B
Gross Income Growth
+8.32% +18.15% +21.57% +15.19%
Gross Profit Margin
+53.23% +53.90% +56.72% +59.47%
2021 2022 2023 2024 5-year trend
SG&A Expense
869.00M 935.00M 1.04B 1.13B
Research & Development
190.00M 218.00M 228.00M 262.00M
Other SG&A
679.00M 717.00M 808.00M 872.00M
SGA Growth
+0.23% +7.59% +10.80% +9.46%
Other Operating Expense
- - - -
-
Unusual Expense
107.00M 259.00M 92.00M 79.00M
EBIT after Unusual Expense
170.00M 160.00M 518.00M 683.00M
Non Operating Income/Expense
33.00M 11.00M 11.00M 48.00M
Non-Operating Interest Income
- - 34.00M 20.00M
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
497.00M 334.00M 324.00M 310.00M
Interest Expense Growth
-4.05% -32.80% -2.99% -4.32%
Gross Interest Expense
497.00M 334.00M 324.00M 310.00M
Interest Capitalized
- - - -
-
Pretax Income
(294.00M) (163.00M) 205.00M 421.00M
Pretax Income Growth
+45.96% +44.56% +225.77% +105.37%
Pretax Margin
-13.66% -6.49% +7.06% +13.21%
Income Tax
(318.00M) 13.00M 25.00M 85.00M
Income Tax - Current - Domestic
(57.00M) 4.00M 59.00M 83.00M
Income Tax - Current - Foreign
10.00M 38.00M 50.00M 84.00M
Income Tax - Deferred - Domestic
(268.00M) 4.00M (76.00M) (65.00M)
Income Tax - Deferred - Foreign
(3.00M) (33.00M) (8.00M) (17.00M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
24.00M (176.00M) 180.00M 336.00M
Minority Interest Expense
- 19.00M 22.00M 17.00M
Net Income
5.00M (198.00M) 163.00M 336.00M
Net Income Growth
+100.88% -4,060.00% +182.32% +106.13%
Net Margin Growth
+0.23% -7.88% +5.62% +10.54%
Extraordinaries & Discontinued Operations
- - 366.00M (1.05B)
-
Discontinued Operations
- - 366.00M (1.05B)
-
Net Income After Extraordinaries
371.00M (1.25B) 163.00M 336.00M
Preferred Dividends
- - - -
-
Net Income Available to Common
371.00M (1.25B) 163.00M 336.00M
EPS (Basic)
3.8646 -13.179 1.7912 3.7753
EPS (Basic) Growth
+164.52% -441.02% +113.59% +110.77%
Basic Shares Outstanding
96.00M 95.00M 91.00M 89.00M
EPS (Diluted)
3.7857 -13.179 1.7527 3.6923
EPS (Diluted) Growth
+163.21% -448.13% +113.30% +110.66%
Diluted Shares Outstanding
98.00M 95.00M 93.00M 91.00M
EBITDA
675.00M 839.00M 994.00M 1.12B
EBITDA Growth
-9.40% +24.30% +18.47% +12.98%
EBITDA Margin
+31.35% +33.40% +34.25% +35.23%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 117.182
Number of Ratings 26 Current Quarters Estimate 1.599
FY Report Date 09 / 2025 Current Year's Estimate 5.586
Last Quarter’s Earnings 1.425 Median PE on CY Estimate N/A
Year Ago Earnings 3.68 Next Fiscal Year Estimate 6.801
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 10 10 16 16
Mean Estimate 1.60 1.69 5.59 6.80
High Estimates 2.02 2.08 7.06 8.59
Low Estimate 1.36 1.42 4.83 4.95
Coefficient of Variance 13.94 13.24 10.56 14.16

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 18 18 17
OVERWEIGHT 4 4 3
HOLD 3 3 5
UNDERWEIGHT 0 0 0
SELL 1 1 1
MEAN Overweight Overweight Overweight

Insider Actions for Light & Wonder Inc. - LNW

Date Name Shares Transaction Value
Mar 24, 2025 James Sottile Exec VP, CLO & Corp Sec 83,011 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 24, 2025 Vanja Kalabic SVP & Chief Accounting Officer 1,336 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 24, 2025 James Sottile Exec VP, CLO & Corp Sec N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 24, 2025 James Sottile Exec VP, CLO & Corp Sec 4,092 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 24, 2025 James Sottile Exec VP, CLO & Corp Sec 3,570 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 24, 2025 James Sottile Exec VP, CLO & Corp Sec N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 24, 2025 James Sottile Exec VP, CLO & Corp Sec 87,140 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $104.99 per share 9,148,828.60
Mar 24, 2025 James Sottile Exec VP, CLO & Corp Sec 89,397 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 24, 2025 James Sottile Exec VP, CLO & Corp Sec 84,700 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $104.99 per share 8,892,653.00
Mar 24, 2025 James Sottile Exec VP, CLO & Corp Sec 87,173 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 24, 2025 James Sottile Exec VP, CLO & Corp Sec 82,028 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $102.85 per share 8,436,579.80
Mar 24, 2025 Oliver Chow EVP, CFO & Treas 4,405 Exercise of in-the-money or at-the-money derivative security 0.00
Mar 24, 2025 James Sottile Exec VP, CLO & Corp Sec 80,966 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $102.85 per share 8,327,353.10
Mar 24, 2025 James Sottile Exec VP, CLO & Corp Sec 82,682 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 24, 2025 James Sottile Exec VP, CLO & Corp Sec 79,112 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $102.85 per share 8,136,669.20
Mar 24, 2025 James Sottile Exec VP, CLO & Corp Sec 80,761 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 24, 2025 Oliver Chow EVP, CFO & Treas 3,653 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 24, 2025 Oliver Chow EVP, CFO & Treas 711 Exercise of in-the-money or at-the-money derivative security 0.00
Mar 24, 2025 Oliver Chow EVP, CFO & Treas 5,232 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $102.85 per share 538,111.20
Mar 24, 2025 Oliver Chow EVP, CFO & Treas 5,951 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00

Light & Wonder Inc. in the News