Light & Wonder Inc (LNW)

Operating return on assets (Operating ROA)

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
Total assets US$ in thousands 5,421,000 5,596,000 5,538,000 5,588,000 5,552,000 5,887,000 5,962,000 6,022,000 6,009,000 6,246,000 6,481,000 7,952,000 7,883,000 7,850,000 7,762,000 7,856,000 7,984,000 8,102,000 7,844,000 7,458,000
Operating ROA 12.30% 11.70% 11.61% 10.40% 9.33% 7.81% 6.74% 5.56% 4.54% 2.87% 1.91% 1.84% 1.40% 1.22% 0.41% -1.17% -1.60% -2.74% -0.62% 1.81%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $667,000K ÷ $5,421,000K
= 12.30%

Light & Wonder Inc's operating return on assets (operating ROA) has shown a fluctuating trend over the past few years. The operating ROA started at a low of -0.62% in June 2020 and reached a peak of 12.30% by December 2024. This indicates an improvement in the company's operating efficiency and profitability.

The operating ROA improved consistently from March 2023 to December 2024, with significant growth rates recorded during this period. The company's ability to generate operating profits relative to its total assets has been strengthening, reflecting effective asset utilization and operational performance.

Overall, the increasing trend in operating ROA suggests that Light & Wonder Inc has been successfully enhancing its operational efficiency and profitability over time, which is a positive sign for investors and stakeholders.