BRSL vs WMG
Brightstar Lottery PLC and Warner Music Group Corp., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | BRSL | WMG |
|---|---|---|
| Revenue | $2.5B | $6.7B |
| Net income | $147.0M | $365.0M |
| Gross margin | · | 45.8% |
| Net margin | 11.4% | 5.4% |
| Return on equity | 11.6% | 62.7% |
| Diluted EPS | $0.74 | · |
| Dividend / share | · | $0.73 |
| Payout ratio | 523.8% | 104.9% |
| Free cash flow | $-415.0M | $539.0M |
| Equity | $875.0M | $647.0M |
| Net debt / equity | 3.12× | 5.46× |
| Current ratio | 0.76× | 0.66× |
| Revenue CAGR 5y | −4.2% | 8.5% |
| Profit CAGR 5y | · | · |
WMG bills 2.7× the revenue of BRSL, and BRSL keeps more of each dollar of revenue as profit (11.4% against 5.4%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | BRSL | WMG |
|---|---|---|
| FY2025 | $2.5B | $6.7B |
| FY2024 | $2.5B | $6.4B |
| FY2023 | $2.5B | $6.0B |
| FY2022 | $2.6B | $5.9B |
| FY2021 | $4.1B | $5.3B |
| FY2020 | $3.1B | $4.5B |
| FY2019 | $4.0B | $4.5B |
| FY2018 | $4.0B | $4.0B |
| FY2017 | $4.9B | $3.6B |
| FY2016 | $5.2B | $3.2B |
Bottom line
| Fiscal year | BRSL | WMG |
|---|---|---|
| FY2025 | $147.0M | $365.0M |
| FY2024 | $348.0M | $435.0M |
| FY2023 | $156.0M | $430.0M |
| FY2022 | $275.0M | $551.0M |
| FY2021 | $482.0M | $304.0M |
| FY2020 | $-898.0M | $-475.0M |
| FY2019 | $-19.0M | $256.0M |
| FY2018 | $-21.4M | $307.0M |
| FY2017 | $-1.1B | $143.0M |
| FY2016 | $211.3M | $25.0M |
13 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$4,196,000,000 | WMG |
| FY2024 | −$3,914,000,000 | WMG |
| FY2023 | −$3,508,000,000 | WMG |
| FY2022 | −$3,322,000,000 | WMG |
| FY2021 | −$1,212,000,000 | WMG |
| FY2020 | −$1,348,000,000 | WMG |
| FY2019 | −$443,000,000 | WMG |
| FY2018 | −$24,128,000 | WMG |
| FY2017 | +$1,362,959,000 | BRSL |
| FY2016 | +$1,907,896,000 | BRSL |
| FY2015 | +$1,723,056,000 | BRSL |
| FY2014 | +$785,311,000 | BRSL |
| FY2013 | +$958,634,000 | BRSL |
The higher-revenue side has changed between BRSL and WMG over this period. The gap has widened since the earliest year compared.
13 of 15 comparable fiscal years — a year missing data on either side is not counted.
13 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +6.0 pp | BRSL |
| FY2024 | +13.5 pp | BRSL |
| FY2023 | +5.0 pp | BRSL |
| FY2022 | +6.6 pp | BRSL |
| FY2021 | +10.7 pp | BRSL |
| FY2020 | −16.3 pp | WMG |
| FY2019 | −2.9 pp | WMG |
| FY2018 | −4.8 pp | WMG |
| FY2017 | −23.2 pp | WMG |
| FY2016 | +4.4 pp | BRSL |
| FY2015 | +1.8 pp | BRSL |
| FY2014 | +12.6 pp | BRSL |
| FY2013 | +12.9 pp | BRSL |
The higher net margin has changed hands between BRSL and WMG over this period.
13 of 15 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
BRSL's net margin has been more volatile than WMG's over the 13 comparable fiscal years — 13.0 percentage points of standard deviation against 6.7.
13 of 15 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between BRSL and WMG over these 13 fiscal years — BRSL led in 9 and WMG in 4.
13 of 15 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
WMG's return on equity has been more volatile than BRSL's over the 8 comparable fiscal years — 196.7 percentage points of standard deviation against 19.0.
8 of 14 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between BRSL and WMG over these 8 fiscal years — BRSL led in 2 and WMG in 6.
8 of 14 comparable fiscal years — a year missing data on either side is not counted.