LIGHT & WONDER INC (LNW) Stock Fundamental Analysis

USA • Nasdaq • NASDAQ:LNW • US80874P1093

86.22 USD
-3.33 (-3.72%)
At close: Nov 12, 2025
90.84 USD
+4.62 (+5.36%)
After Hours: 11/12/2025, 8:00:00 PM
Fundamental Rating

6

Overall LNW gets a fundamental rating of 6 out of 10. We evaluated LNW against 132 industry peers in the Hotels, Restaurants & Leisure industry. While LNW has a great profitability rating, there are some minor concerns on its financial health. LNW is valued quite cheap, while showing a decent growth score. This is a good combination! These ratings would make LNW suitable for value investing!


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • LNW had positive earnings in the past year.
  • LNW had a positive operating cash flow in the past year.
  • LNW had positive earnings in 4 of the past 5 years.
  • LNW had a positive operating cash flow in 4 of the past 5 years.
LNW Yearly Net Income VS EBIT VS OCF VS FCFLNW Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B 3B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 6.13%, LNW is in the better half of the industry, outperforming 72.93% of the companies in the same industry.
  • The Return On Equity of LNW (55.19%) is better than 90.98% of its industry peers.
  • With a decent Return On Invested Capital value of 11.81%, LNW is doing good in the industry, outperforming 76.69% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for LNW is in line with the industry average of 10.39%.
  • The last Return On Invested Capital (11.81%) for LNW is above the 3 year average (10.25%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 6.13%
ROE 55.19%
ROIC 11.81%
ROA(3y)23.43%
ROA(5y)13.57%
ROE(3y)148.45%
ROE(5y)N/A
ROIC(3y)10.25%
ROIC(5y)N/A
LNW Yearly ROA, ROE, ROICLNW Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100 200 300

1.3 Margins

  • With an excellent Profit Margin value of 12.39%, LNW belongs to the best of the industry, outperforming 80.45% of the companies in the same industry.
  • LNW's Profit Margin has declined in the last couple of years.
  • LNW's Operating Margin of 25.77% is amongst the best of the industry. LNW outperforms 90.23% of its industry peers.
  • In the last couple of years the Operating Margin of LNW has grown nicely.
  • LNW has a better Gross Margin (72.74%) than 88.72% of its industry peers.
  • LNW's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 25.77%
PM (TTM) 12.39%
GM 72.74%
OM growth 3Y22.93%
OM growth 5Y12.62%
PM growth 3Y-15.12%
PM growth 5YN/A
GM growth 3Y-0.43%
GM growth 5Y0.59%
LNW Yearly Profit, Operating, Gross MarginsLNW Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50 100

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ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), LNW is creating some value.
  • Compared to 1 year ago, LNW has less shares outstanding
  • Compared to 5 years ago, LNW has less shares outstanding
  • Compared to 1 year ago, LNW has a worse debt to assets ratio.
LNW Yearly Shares OutstandingLNW Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M
LNW Yearly Total Debt VS Total AssetsLNW Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B

2.2 Solvency

  • An Altman-Z score of 2.08 indicates that LNW is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • LNW's Altman-Z score of 2.08 is fine compared to the rest of the industry. LNW outperforms 60.15% of its industry peers.
  • The Debt to FCF ratio of LNW is 12.70, which is on the high side as it means it would take LNW, 12.70 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of LNW (12.70) is comparable to the rest of the industry.
  • LNW has a Debt/Equity ratio of 6.77. This is a high value indicating a heavy dependency on external financing.
  • LNW has a Debt to Equity ratio of 6.77. This is in the lower half of the industry: LNW underperforms 63.91% of its industry peers.
Industry RankSector Rank
Debt/Equity 6.77
Debt/FCF 12.7
Altman-Z 2.08
ROIC/WACC1.41
WACC8.38%
LNW Yearly LT Debt VS Equity VS FCFLNW Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B -2B 4B 6B 8B

2.3 Liquidity

  • A Current Ratio of 2.13 indicates that LNW has no problem at all paying its short term obligations.
  • The Current ratio of LNW (2.13) is better than 89.47% of its industry peers.
  • LNW has a Quick Ratio of 1.85. This is a normal value and indicates that LNW is financially healthy and should not expect problems in meeting its short term obligations.
  • LNW's Quick ratio of 1.85 is amongst the best of the industry. LNW outperforms 84.21% of its industry peers.
Industry RankSector Rank
Current Ratio 2.13
Quick Ratio 1.85
LNW Yearly Current Assets VS Current LiabilitesLNW Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. Growth

3.1 Past

  • LNW shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 42.55%, which is quite impressive.
  • The Earnings Per Share has been growing slightly by 5.53% on average over the past years.
  • LNW shows a small growth in Revenue. In the last year, the Revenue has grown by 1.87%.
  • The Revenue has been growing slightly by 5.95% on average over the past years.
EPS 1Y (TTM)42.55%
EPS 3Y5.53%
EPS 5YN/A
EPS Q2Q%88.73%
Revenue 1Y (TTM)1.87%
Revenue growth 3Y13.98%
Revenue growth 5Y5.95%
Sales Q2Q%2.94%

3.2 Future

  • The Earnings Per Share is expected to grow by 21.44% on average over the next years. This is a very strong growth
  • The Revenue is expected to grow by 5.29% on average over the next years.
EPS Next Y52.71%
EPS Next 2Y38.2%
EPS Next 3Y33.93%
EPS Next 5Y21.44%
Revenue Next Year6.25%
Revenue Next 2Y6.93%
Revenue Next 3Y6.52%
Revenue Next 5Y5.29%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
LNW Yearly Revenue VS EstimatesLNW Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 1B 2B 3B 4B
LNW Yearly EPS VS EstimatesLNW Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 0 10 -10 20 30

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Find the best growth stocksShow best growing peers

7

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 18.78 indicates a rather expensive valuation of LNW.
  • Based on the Price/Earnings ratio, LNW is valued a bit cheaper than the industry average as 69.17% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Earnings ratio of 27.67, LNW is valued a bit cheaper.
  • LNW is valuated correctly with a Price/Forward Earnings ratio of 12.23.
  • Based on the Price/Forward Earnings ratio, LNW is valued a bit cheaper than the industry average as 79.70% of the companies are valued more expensively.
  • LNW's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.20.
Industry RankSector Rank
PE 18.78
Fwd PE 12.23
LNW Price Earnings VS Forward Price EarningsLNW Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of LNW indicates a somewhat cheap valuation: LNW is cheaper than 63.16% of the companies listed in the same industry.
  • Based on the Price/Free Cash Flow ratio, LNW is valued a bit cheaper than 73.68% of the companies in the same industry.
Industry RankSector Rank
P/FCF 18.61
EV/EBITDA 10.03
LNW Per share dataLNW EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 -20 -40

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • The decent profitability rating of LNW may justify a higher PE ratio.
  • A more expensive valuation may be justified as LNW's earnings are expected to grow with 33.93% in the coming years.
PEG (NY)0.36
PEG (5Y)N/A
EPS Next 2Y38.2%
EPS Next 3Y33.93%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • LNW does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

Find the best dividend stocksShow peers with best dividend

LIGHT & WONDER INC

NASDAQ:LNW (11/12/2025, 8:00:00 PM)

After market: 90.84 +4.62 (+5.36%)

86.22

-3.33 (-3.72%)

Chartmill FA Rating
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)11-05
Earnings (Next)02-23
Inst Owners64.73%
Inst Owner ChangeN/A
Ins Owners0.57%
Ins Owner Change3.37%
Market Cap7.24B
Revenue(TTM)3.22B
Net Income(TTM)399.00M
Analysts75.56
Price Target109.41 (26.9%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-13.07%
Min EPS beat(2)-22.6%
Max EPS beat(2)-3.54%
EPS beat(4)1
Avg EPS beat(4)-4.66%
Min EPS beat(4)-22.6%
Max EPS beat(4)25.54%
EPS beat(8)3
Avg EPS beat(8)-3.31%
EPS beat(12)4
Avg EPS beat(12)-6.12%
EPS beat(16)8
Avg EPS beat(16)3604.41%
Revenue beat(2)0
Avg Revenue beat(2)-5.49%
Min Revenue beat(2)-6.52%
Max Revenue beat(2)-4.46%
Revenue beat(4)0
Avg Revenue beat(4)-4.26%
Min Revenue beat(4)-6.52%
Max Revenue beat(4)-1.11%
Revenue beat(8)3
Avg Revenue beat(8)-1.41%
Revenue beat(12)7
Avg Revenue beat(12)0.4%
Revenue beat(16)11
Avg Revenue beat(16)0.74%
PT rev (1m)1.73%
PT rev (3m)-0.86%
EPS NQ rev (1m)-9.42%
EPS NQ rev (3m)-10.27%
EPS NY rev (1m)-0.57%
EPS NY rev (3m)-2.16%
Revenue NQ rev (1m)-0.12%
Revenue NQ rev (3m)-0.12%
Revenue NY rev (1m)-0.12%
Revenue NY rev (3m)-0.32%
Valuation
Industry RankSector Rank
PE 18.78
Fwd PE 12.23
P/S 2.25
P/FCF 18.61
P/OCF 10.69
P/B 10.01
P/tB N/A
EV/EBITDA 10.03
EPS(TTM)4.59
EY5.32%
EPS(NY)7.05
Fwd EY8.17%
FCF(TTM)4.63
FCFY5.37%
OCF(TTM)8.06
OCFY9.35%
SpS38.37
BVpS8.61
TBVpS-43.64
PEG (NY)0.36
PEG (5Y)N/A
Graham Number29.82
Profitability
Industry RankSector Rank
ROA 6.13%
ROE 55.19%
ROCE 14.1%
ROIC 11.81%
ROICexc 12.31%
ROICexgc 54.99%
OM 25.77%
PM (TTM) 12.39%
GM 72.74%
FCFM 12.08%
ROA(3y)23.43%
ROA(5y)13.57%
ROE(3y)148.45%
ROE(5y)N/A
ROIC(3y)10.25%
ROIC(5y)N/A
ROICexc(3y)11.23%
ROICexc(5y)N/A
ROICexgc(3y)64.46%
ROICexgc(5y)N/A
ROCE(3y)12.23%
ROCE(5y)N/A
ROICexgc growth 3Y87.73%
ROICexgc growth 5Y32.71%
ROICexc growth 3Y57.06%
ROICexc growth 5Y29.38%
OM growth 3Y22.93%
OM growth 5Y12.62%
PM growth 3Y-15.12%
PM growth 5YN/A
GM growth 3Y-0.43%
GM growth 5Y0.59%
F-Score7
Asset Turnover0.49
Health
Industry RankSector Rank
Debt/Equity 6.77
Debt/FCF 12.7
Debt/EBITDA 4.11
Cap/Depr 79.78%
Cap/Sales 8.94%
Interest Coverage 2.73
Cash Conversion 56.84%
Profit Quality 97.49%
Current Ratio 2.13
Quick Ratio 1.85
Altman-Z 2.08
F-Score7
WACC8.38%
ROIC/WACC1.41
Cap/Depr(3y)65.3%
Cap/Depr(5y)54.63%
Cap/Sales(3y)8.72%
Cap/Sales(5y)9.06%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)42.55%
EPS 3Y5.53%
EPS 5YN/A
EPS Q2Q%88.73%
EPS Next Y52.71%
EPS Next 2Y38.2%
EPS Next 3Y33.93%
EPS Next 5Y21.44%
Revenue 1Y (TTM)1.87%
Revenue growth 3Y13.98%
Revenue growth 5Y5.95%
Sales Q2Q%2.94%
Revenue Next Year6.25%
Revenue Next 2Y6.93%
Revenue Next 3Y6.52%
Revenue Next 5Y5.29%
EBIT growth 1Y9.07%
EBIT growth 3Y40.12%
EBIT growth 5Y19.32%
EBIT Next Year97.12%
EBIT Next 3Y33.14%
EBIT Next 5Y18.21%
FCF growth 1Y305.21%
FCF growth 3Y-13.04%
FCF growth 5Y5.31%
OCF growth 1Y101.49%
OCF growth 3Y-2.65%
OCF growth 5Y2.97%

LIGHT & WONDER INC / LNW FAQ

What is the fundamental rating for LNW stock?

ChartMill assigns a fundamental rating of 6 / 10 to LNW.


Can you provide the valuation status for LIGHT & WONDER INC?

ChartMill assigns a valuation rating of 7 / 10 to LIGHT & WONDER INC (LNW). This can be considered as Undervalued.


Can you provide the profitability details for LIGHT & WONDER INC?

LIGHT & WONDER INC (LNW) has a profitability rating of 7 / 10.


How financially healthy is LIGHT & WONDER INC?

The financial health rating of LIGHT & WONDER INC (LNW) is 5 / 10.