light & wonder inc. - LNWO

LNWO

Close Chg Chg %
87.10 -5.10 -5.86%

Open Market

82.00

-5.10 (5.86%)

Volume: 111.42K

Last Updated:

Apr 2, 2026, 3:58 PM EDT

Company Overview: light & wonder inc. - LNWO

LNWO Key Data

Open

$82.50

Day Range

81.81 - 83.10

52 Week Range

69.56 - 122.65

Market Cap

$6.33B

Shares Outstanding

77.15M

Public Float

76.66M

Beta

1.46

Rev. Per Employee

N/A

P/E Ratio

25.25

EPS

$3.27

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

63.48K

 

LNWO Performance

1 Week
 
-0.99%
 
1 Month
 
-8.11%
 
3 Months
 
-20.43%
 
1 Year
 
2.78%
 
5 Years
 
104.54%
 

LNWO Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 20
Full Ratings ➔

About light & wonder inc. - LNWO

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.

LNWO At a Glance

Light & Wonder, Inc.
6601 Bermuda Road
Las Vegas, Nevada 89119
Phone 1-702-897-7150 Revenue 3.31B
Industry Casinos/Gaming Net Income 276.00M
Sector Consumer Services 2025 Sales Growth 3.952%
Fiscal Year-end 12 / 2026 Employees 6,800
View SEC Filings

LNWO Valuation

P/E Current 26.824
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 31.748
Price to Sales Ratio 2.644
Price to Book Ratio 32.40
Price to Cash Flow Ratio 11.32
Enterprise Value to EBITDA 10.483
Enterprise Value to Sales 4.137
Total Debt to Enterprise Value 0.38

LNWO Efficiency

Revenue/Employee 487,352.941
Income Per Employee 40,588.235
Receivables Turnover 4.527
Total Asset Turnover 0.558

LNWO Liquidity

Current Ratio 1.598
Quick Ratio 1.387
Cash Ratio 0.325

LNWO Profitability

Gross Margin 61.044
Operating Margin 27.218
Pretax Margin 11.014
Net Margin 8.328
Return on Assets 4.645
Return on Equity 62.656
Return on Total Capital 5.06
Return on Invested Capital 5.577

LNWO Capital Structure

Total Debt to Total Equity 2,126.531
Total Debt to Total Capital 95.509
Total Debt to Total Assets 80.625
Long-Term Debt to Equity 2,097.551
Long-Term Debt to Total Capital 94.207
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Light & Wonder Inc. - LNWO

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
2.51B 2.90B 3.19B 3.31B
Sales Growth
+16.67% +15.53% +9.86% +3.95%
Cost of Goods Sold (COGS) incl D&A
1.16B 1.26B 1.29B 1.29B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
420.00M 384.00M 361.00M 406.00M
Depreciation
111.00M 117.00M 134.00M 179.00M
Amortization of Intangibles
309.00M 267.00M 227.00M 227.00M
COGS Growth
+15.00% +8.46% +2.87% -0.08%
Gross Income
1.35B 1.65B 1.90B 2.02B
Gross Income Growth
+18.15% +21.57% +15.19% +6.70%
Gross Profit Margin
+53.90% +56.72% +59.47% +61.04%
2022 2023 2024 2025 5-year trend
SG&A Expense
935.00M 1.04B 1.13B 1.12B
Research & Development
218.00M 228.00M 262.00M 252.00M
Other SG&A
717.00M 808.00M 872.00M 869.00M
SGA Growth
+7.59% +10.80% +9.46% -1.15%
Other Operating Expense
- - - -
-
Unusual Expense
259.00M 92.00M 79.00M 214.00M
EBIT after Unusual Expense
160.00M 518.00M 683.00M 688.00M
Non Operating Income/Expense
11.00M 11.00M 48.00M 1.00M
Non-Operating Interest Income
- 34.00M 20.00M 16.00M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
334.00M 324.00M 310.00M 324.00M
Interest Expense Growth
-32.80% -2.99% -4.32% +4.52%
Gross Interest Expense
334.00M 324.00M 310.00M 324.00M
Interest Capitalized
- - - -
-
Pretax Income
(163.00M) 205.00M 421.00M 365.00M
Pretax Income Growth
+44.56% +225.77% +105.37% -13.30%
Pretax Margin
-6.49% +7.06% +13.21% +11.01%
Income Tax
13.00M 25.00M 85.00M 89.00M
Income Tax - Current - Domestic
4.00M 59.00M 83.00M 29.00M
Income Tax - Current - Foreign
38.00M 50.00M 84.00M 78.00M
Income Tax - Deferred - Domestic
4.00M (76.00M) (65.00M) (1.00M)
Income Tax - Deferred - Foreign
(33.00M) (8.00M) (17.00M) (17.00M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(176.00M) 180.00M 336.00M 276.00M
Minority Interest Expense
- - 22.00M 17.00M
-
Net Income
(198.00M) 163.00M 336.00M 276.00M
Net Income Growth
-4,060.00% +182.32% +106.13% -17.86%
Net Margin Growth
-7.88% +5.62% +10.54% +8.33%
Extraordinaries & Discontinued Operations
- - - (1.05B)
-
Discontinued Operations
- - - (1.05B)
-
Net Income After Extraordinaries
(1.25B) 163.00M 336.00M 276.00M
Preferred Dividends
- - - -
-
Net Income Available to Common
(1.25B) 163.00M 336.00M 276.00M
EPS (Basic)
-13.179 1.7912 3.7753 3.3253
EPS (Basic) Growth
-441.02% +113.59% +110.77% -11.92%
Basic Shares Outstanding
95.00M 91.00M 89.00M 83.00M
EPS (Diluted)
-13.179 1.7527 3.6923 3.2471
EPS (Diluted) Growth
-448.13% +113.30% +110.66% -12.06%
Diluted Shares Outstanding
95.00M 93.00M 91.00M 85.00M
EBITDA
839.00M 994.00M 1.12B 1.31B
EBITDA Growth
+24.30% +18.47% +12.98% +16.47%
EBITDA Margin
+33.40% +34.25% +35.23% +39.47%

Snapshot

Average Recommendation BUY Average Target Price 138.531
Number of Ratings 20 Current Quarters Estimate 1.448
FY Report Date 06 / 2026 Current Year's Estimate 6.042
Last Quarter’s Earnings 1.065 Median PE on CY Estimate N/A
Year Ago Earnings 3.26 Next Fiscal Year Estimate 7.587
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 4 4 12 12
Mean Estimate 1.45 1.66 6.04 7.59
High Estimates 1.54 1.86 8.28 9.99
Low Estimate 1.36 1.57 4.66 5.97
Coefficient of Variance 6.99 8.20 14.60 12.61

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 15 15 12
OVERWEIGHT 3 3 3
HOLD 2 2 6
UNDERWEIGHT 0 0 0
SELL 0 0 1
MEAN Buy Buy Overweight

Light & Wonder Inc. in the News