Light & Wonder Inc (LNW)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 667,000 | 655,000 | 643,000 | 581,000 | 518,000 | 460,000 | 402,000 | 335,000 | 273,000 | 179,000 | 124,000 | 146,000 | 110,000 | 96,000 | 32,000 | -92,000 | -128,000 | -222,000 | -49,000 | 135,000 |
| Revenue (ttm) | US$ in thousands | 2,887,000 | 2,857,000 | 2,781,000 | 2,655,000 | 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 |
| Operating profit margin | 23.10% | 22.93% | 23.12% | 21.88% | 20.24% | 18.29% | 14.45% | 13.16% | 11.36% | 6.58% | 5.72% | 6.05% | 4.48% | 4.08% | 1.33% | -4.47% | -6.30% | -9.04% | -1.79% | 4.24% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $667,000K ÷ $2,887,000K
= 23.10%
Light & Wonder Inc's operating profit margin has shown significant fluctuations over the past few years. The margin was negative in some quarters in 2020 and 2021, indicating that the company was not generating sufficient profits from its core business operations during those periods. However, beginning in March 2022, the operating profit margin started to show improvement, increasing steadily quarter by quarter.
From March 2022 to December 2024, the operating profit margin consistently increased, reaching a peak of 23.12% in June 2024. This significant improvement suggests that the company implemented effective cost management strategies or experienced revenue growth that positively impacted its profitability.
Overall, the trend in operating profit margin for Light & Wonder Inc reflects a turnaround in the company's financial performance, transitioning from periods of low or negative profitability to a more robust and sustainable level of operating profitability by the end of 2024. This positive trend is a promising sign of the company's operational efficiency and financial health.
Peer comparison
Dec 31, 2024