Light & Wonder Inc (LNW)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 336,000 | 163,000 | 3,675,000 | 371,000 | -569,000 |
| Revenue | US$ in thousands | 2,893,000 | 2,549,000 | 2,038,000 | 2,049,000 | 2,286,000 |
| Net profit margin | 11.61% | 6.39% | 180.32% | 18.11% | -24.89% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $336,000K ÷ $2,893,000K
= 11.61%
The net profit margin of Light & Wonder Inc has exhibited significant fluctuations over the years, reflecting varying levels of profitability relative to its revenue. In December 2020, the net profit margin was negative at -24.89%, indicating that the company's expenses exceeded its revenue, resulting in a loss. However, by December 2021, the net profit margin improved to a positive 18.11%, signaling a turnaround in profitability as the company generated earnings after expenses.
The financial performance of the company took a dramatic positive turn in December 2022, with a net profit margin of 180.32%, which indicates a substantial increase in profitability relative to revenue. This exceptionally high margin suggests that the company effectively managed its costs and generated significant earnings during that period.
In December 2023, the net profit margin decreased to 6.39%, indicating a decrease in profitability compared to the previous year. This decline may signal challenges in managing costs or fluctuations in revenue that impacted the company's bottom line performance.
By December 2024, the net profit margin improved slightly to 11.61%, suggesting a recovery in profitability compared to the previous year. Overall, the fluctuations in the net profit margin of Light & Wonder Inc indicate varying levels of financial performance and highlight the importance of consistently monitoring and managing profitability metrics to sustain business success.
Peer comparison
Dec 31, 2024