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.