Light & Wonder Inc (LNW)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 847,000 | 1,436,000 | 931,000 | 994,000 | 1,161,000 |
| Revenue | US$ in thousands | 2,893,000 | 2,549,000 | 2,038,000 | 2,049,000 | 2,286,000 |
| Gross profit margin | 29.28% | 56.34% | 45.68% | 48.51% | 50.79% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $847,000K ÷ $2,893,000K
= 29.28%
The gross profit margin of Light & Wonder Inc has shown some fluctuations over the years. Starting at 50.79% in December 2020, it decreased to 48.51% by December 2021 and further declined to 45.68% by December 2022. However, there was a significant improvement in December 2023, with the gross profit margin increasing to 56.34%. Nevertheless, this positive trend reversed in December 2024, with the gross profit margin plummeting to 29.28%.
These fluctuations in the gross profit margin may indicate changes in the company's pricing strategy, cost management, or sales volume. It is crucial for Light & Wonder Inc to closely monitor and analyze the factors influencing its gross profit margin to ensure sustainable profitability and financial health in the future.
Peer comparison
Dec 31, 2024