MARKETS / US / LAWIL
US · SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN · LARGE CAP

Light & Wonder, Inc. LAWIL

18 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
$3.3B
▲ 4.0% vs FY2024
EPS · FY25
$3.26
Dividend / sh · FY25
Payout · FY25
ROE · FY25
Net margin · FY25
8.3%
Dividend coverage
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Result
USD 3.3B
Revenue, FY2025 · full 18-year series below
Revenue Net income
12343.30.32008201120142017202020232025
12343.30.32016201920222025

8 cents of every revenue dollar became profit this year.

Per share
USD 3.26
Diluted EPS, FY2025
EPS
20403.262008201120142017202020232025
20403.262016201920222025

The company pays no cash dividend.

Profitability
Return on equity, FY2025
ROE
2040602008201120142017202020232025
2040602016201920222025
Operating margin20.6%
Net margin8.3%
Return on assets4.6%

Returned to shareholders
USD 879.0M
returned in FY2025 · dividends + net buybacks
Dividends paid
Net buybacksUSD 879.0M
Share of profit318.5%
Consecutive raises

USD 879.0M in buybacks — 318% of the year's profit, so the payout drew on cash built up earlier.

Growth
+14.3% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+9.7%
+14.3%
+1.9%
+9.3%
Net income
−57.8%
EPS, diluted
−56.2%
Returned to shareholders
+29.8%
+26.3%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.08B
Shares outstanding, FY2025
0.090.082008201120142017202020232025
0.090.082016201920222025
Change, 5 years−18.9%
Change, 10 years−11.0%

The share count shrank 19% in five years — the same company, cut into fewer, larger slices.

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Balance sheet
USD 6.5B
total assets, end of FY2025
Total assetsUSD 6.5B
CashUSD 167.0M
Gross debtUSD 5.2B
Net debtUSD 5.0B
Current ratio1.60×

History
18 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
Revenue $B
3.3
3.2
2.9
2.5
2.2
1.7
2.4
3.4
3.1
2.9
2.8
1.8
1.1
0.9
0.9
0.9
0.9
1.1
Operating income $B
0.7
0.7
0.5
0.3
0.1
−0.2
0.3
0.3
0.4
0.1
−1.0
−0.2
−0.0
0.1
0.1
0.1
−0.0
0.0
EBITDA $B
1.1
1.0
0.9
0.7
0.5
0.2
0.8
1.0
1.1
0.9
−0.1
0.3
0.2
0.2
0.2
0.2
0.2
0.2
Income tax $B
0.1
0.1
0.0
0.0
−0.3
−0.0
−0.0
0.0
0.0
−0.1
−0.3
−0.3
−0.1
0.0
0.0
0.1
0.0
0.0
Net income $B
0.3
0.3
0.2
3.7
0.4
−0.6
−0.1
−0.4
−0.2
−0.4
−1.4
−0.2
−0.0
−0.1
−0.0
−0.1
−0.0
−0.0
EPS, diluted $
3.26
3.68
1.75
38.78
3.77
−6.02
−1.40
−3.87
−2.72
−4.05
−16.23
−2.77
−0.36
−0.70
−0.14
−1.61
−0.43
−0.05
Dividend / sh $
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Payout %
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
ROE %
·
43.9
18.6
·
·
·
·
·
·
·
·
−123.7
−8.2
−15.5
−2.8
−27.8
−6.4
·
Shares out B
0.08
0.09
0.09
0.09
0.10
0.10
0.09
0.09
0.09
0.09
0.09
0.09
0.09
0.08
0.09
0.09
0.09
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
52 of 52
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed