Light & Wonder Inc (LNW)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 421,000 | 188,000 | 3,688,000 | 53,000 | -572,000 |
| Revenue | US$ in thousands | 2,893,000 | 2,549,000 | 2,038,000 | 2,049,000 | 2,286,000 |
| Pretax margin | 14.55% | 7.38% | 180.96% | 2.59% | -25.02% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $421,000K ÷ $2,893,000K
= 14.55%
The pretax margin for Light & Wonder Inc has shown notable fluctuations over the past few years, as follows:
1. December 31, 2020: The pretax margin was -25.02%, indicating that the company incurred losses before considering taxes.
2. December 31, 2021: The pretax margin improved significantly to 2.59%, suggesting better operational efficiency and profitability.
3. December 31, 2022: The pretax margin surged to 180.96%, reflecting a substantial increase in profitability, potentially driven by strong revenue growth or cost-cutting measures.
4. December 31, 2023: The pretax margin decreased to 7.38%, indicating a slight decline in profitability compared to the previous year.
5. December 31, 2024: The pretax margin further improved to 14.55%, indicating a positive trend in the company's profitability.
Overall, Light & Wonder Inc's pretax margin has shown volatility, with a mix of losses, significant gains, and fluctuations in profitability over the years. Monitoring this metric closely will be essential to gauge the company's financial performance and sustainability.
Peer comparison
Dec 31, 2024