Light & Wonder Inc (LNW)
Return on assets (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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 336,000 | 295,000 | 306,000 | 223,000 | 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 |
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 |
ROA | 6.20% | 5.27% | 5.53% | 3.99% | 2.94% | 2.14% | 6.36% | 60.96% | 61.16% | 59.88% | 55.45% | 5.18% | 4.71% | 2.37% | -1.46% | -5.41% | -7.13% | -6.44% | -4.98% | -3.55% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $336,000K ÷ $5,421,000K
= 6.20%
Light & Wonder Inc's return on assets (ROA) has shown a significant improvement over the past few years, indicating a positive trend in the company's asset management efficiency. Starting from negative figures in the range of -3.55% to -7.13% in 2020, the ROA gradually increased to reach 6.20% by the end of December 2024. The most notable improvement occurred between June 2022 and December 2022, where the ROA surged from 55.45% to 61.16%, showcasing a remarkable growth in asset utilization and profitability. Despite a slight dip in the ROA in the subsequent periods, the overall trajectory has been positive, reflecting Light & Wonder Inc's ability to generate higher returns relative to its total assets.
Peer comparison
Dec 31, 2024