Light & Wonder Inc (LNW)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 163,000 | 126,000 | 379,000 | 3,671,000 | 3,675,000 | 3,740,000 | 3,594,000 | 412,000 | 371,000 | 186,000 | -113,000 | -425,000 | -569,000 | -522,000 | -391,000 | -265,000 | -130,000 | 120,000 | -246,000 | -175,000 |
| Revenue (ttm) | US$ in thousands | 2,559,000 | 2,515,000 | 2,782,000 | 2,545,000 | 2,403,000 | 2,721,000 | 2,166,000 | 2,415,000 | 2,454,000 | 2,354,000 | 2,413,000 | 2,057,000 | 2,032,000 | 2,455,000 | 2,744,000 | 3,186,000 | 3,440,000 | 3,422,700 | 3,388,700 | 3,388,700 |
| Net profit margin | 6.37% | 5.01% | 13.62% | 144.24% | 152.93% | 137.45% | 165.93% | 17.06% | 15.12% | 7.90% | -4.68% | -20.66% | -28.00% | -21.26% | -14.25% | -8.32% | -3.78% | 3.51% | -7.26% | -5.16% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $163,000K ÷ $2,559,000K
= 6.37%
The net profit margin of Light & Wonder Inc has displayed significant volatility over the past eight quarters. The company experienced a substantial increase in net profit margin in Q1 2023, recording an exceptionally high margin of 140.65%. This was followed by a further spike in Q2 2023, where the net profit margin surged to 13.88%. Subsequently, in Q3 2023, the margin decreased to 4.48%, indicating a downturn in profitability.
The preceding quarters also exhibited notable fluctuations in net profit margin, with exceptionally high margins recorded in Q4 2022 (146.30%), Q3 2022 (203.81%), and Q2 2022 (208.23%). However, in Q1 2022, the net profit margin was comparatively lower at 20.64%.
Overall, the analysis suggests that Light & Wonder Inc's net profit margin has been varying significantly, indicating fluctuations in the company's profitability performance. It is essential for the company to closely monitor and manage its costs, revenue generation, and operational efficiency to stabilize its net profit margin trends and ensure sustainable profitability in the long term.
Peer comparison
Dec 31, 2023