Light & Wonder Inc (LNW)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 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 | 290,000 | 715,200 | 367,200 | 338,200 |
| Total assets | US$ in thousands | 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 | 7,809,000 | 7,907,000 | 7,932,000 | 8,837,000 |
| Operating ROA | 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% | 3.71% | 9.05% | 4.63% | 3.83% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $518,000K ÷ $5,552,000K
= 9.33%
The operating return on assets (operating ROA) of Light & Wonder Inc has been showing a positive trend over the past quarters, indicating an improvement in the company's ability to generate operating profit from its assets.
The data reveals a consistent increase in the operating ROA from Q1 2022 to Q4 2023, with a noticeable jump in performance in the latest quarter. This progression suggests that the company has been effectively utilizing its assets to generate operating income.
The operating ROA figures reflect the efficiency of Light & Wonder Inc in managing its operations to generate profits relative to its asset base. The rising trend indicates that the company's operational performance has been on an upward trajectory, which is a positive sign for investors and stakeholders.
Overall, the improving trend in operating ROA over the quarters indicates that Light & Wonder Inc has been successful in enhancing its operational efficiency and profitability, which bodes well for its financial health and long-term sustainability.
Peer comparison
Dec 31, 2023