LIGHT & WONDER, INC. (LNWO)

89.59USD -3.22% (-2.98)

Over 1M: +1.9%

Style
Area Line Line with markers Steps Candles Hollow candles Bars

Candles and bars need the day’s open, high and low, and need room to be drawn in: past about a year of trading a body is thinner than a hairline, so those three offer the longest window that fits instead.

90 95
7 Aug 12 Aug 17 Aug 20 Aug 25 Aug 28 Aug 2 Sep

Financials Quarterly

Figures
Revenue Gross Profit Operating Income Cost of Revenue Operating Cash Flow Free Cash Flow Net Income

A share count and earnings a share are not here: neither is money, so neither can share this axis. Both have their own panel on All charts.

All charts ›
Q3 '23 — Operating Income: 147M Q3 '23 — Free Cash Flow: 134M Q3 '23 — Net Income: 75M Q4 '23 — Operating Income: 156M Q4 '23 — Free Cash Flow: 107M Q4 '23 — Net Income: 67M Q1 '24 — Operating Income: 165M Q1 '24 — Free Cash Flow: 105M Q1 '24 — Net Income: 82M Q2 '24 — Operating Income: 175M Q2 '24 — Free Cash Flow: 55M Q2 '24 — Net Income: 82M Q3 '24 — Operating Income: 159M Q3 '24 — Free Cash Flow: 47M Q3 '24 — Net Income: 64M Q4 '24 — Operating Income: 168M Q4 '24 — Free Cash Flow: 132M Q4 '24 — Net Income: 108M Q1 '25 — Operating Income: 170M Q1 '25 — Free Cash Flow: 124M Q1 '25 — Net Income: 82M Q2 '25 — Operating Income: 202M Q2 '25 — Free Cash Flow: 28M Q2 '25 — Net Income: 95M Q3 '25 — Operating Income: 229M Q3 '25 — Free Cash Flow: 105M Q3 '25 — Net Income: 114M Q4 '25 — Operating Income: 83M Q4 '25 — Free Cash Flow: 227M Q1 '26 — Operating Income: 130M Q1 '26 — Free Cash Flow: 65M Q1 '26 — Net Income: 52M Q2 '26 — Operating Income: 223M Q2 '26 — Free Cash Flow: 158M Q2 '26 — Net Income: 120M 0 50M 100M 150M 200M 250M
Q4 '23 Q2 '24 Q4 '24 Q2 '25 Q4 '25 Q2 '26
Operating Income Free Cash Flow Net Income

How it scores

For a valuation multiple, the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

5.0
Oper. margin 19.9%
OE margin 12.9%
ROIC 9.9%
Accruals -9.5%
Gross margin 74.4%
ROE 91.4%
FCF margin 16.7%
OCF margin 26.4%
ROA 4.3%
ROCE 11.8%
OCF / EBIT 1.3×

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

7.3
EV/EBIT 17.9×
EV/OE 27.5×
FCF yield 8.1%
EV/Sales 3.5×
P/E 25.0×
P/B 22.9×
P/C 46.6×
Div. yield —
EV/GP —
Fwd P/E —
PEG —

2 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

2.9
RPO / sales 0.0084×
Segment HHI 0.4 HHI
RPO growth —

4 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

2.7
ND/EBITDA -0.42
Payout 0.0%
Quick ratio 1.5×
Debt payback 8.9 yr
F-score 5.0 pts
Cash / Debt 0.029×
Debt / Eq 17.0×
Net debt / Eq 16.5×
Cash runway —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

4.1
Sales/sh Y/Y +12.2%
Sales CAGR 4Y +11.4%
EBIT CAGR +29.0%
EBIT Y/Y -4.9%
EPS CAGR 4Y -3.6%
EPS Y/Y -12.1%
Sales Q/Q +2.3%
Div. growth —
EPS next Y —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.