Light & Wonder Inc (LNW)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 636,000 | 858,000 | 786,000 | 835,000 | 765,000 | 959,000 | 1,048,000 | 1,008,000 | 990,000 | 1,071,000 | 811,000 | -2,289,000 | -2,256,000 | -2,335,000 | -2,509,000 | -2,656,000 | -2,653,000 | -2,541,000 | -2,479,000 | -2,358,000 |
| ROE | 52.83% | 34.38% | 38.93% | 26.71% | 21.31% | 13.14% | 36.16% | 364.19% | 371.21% | 349.21% | 443.16% | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $336,000K ÷ $636,000K
= 52.83%
Return on equity (ROE) is a key financial ratio that measures a company's ability to generate profit from its shareholders' equity. In the case of Light & Wonder Inc, the ROE showed a declining trend from June 2022 to September 2023, dropping from 443.16% to 13.14%. This significant decrease indicates that the company's profitability relative to its equity base deteriorated during this period.
However, starting from December 2023, the ROE began to improve steadily, reaching 52.83% by December 2024. This upward trend suggests that Light & Wonder Inc was able to enhance its profitability and efficiency in generating returns for its shareholders during this period.
Overall, the fluctuation in ROE over the analyzed period indicates changes in the company's financial performance and efficiency in utilizing its equity to generate profits. It is essential for stakeholders to closely monitor ROE trends to assess the company's long-term sustainability and growth prospects.
Peer comparison
Dec 31, 2024