LNW—56

Light & Wonder Inc

Casinos & GamingVerified

Score breakdown

Profitability+35Sentiment+15Risk penalty-3Missing signals-3

Quality breakdown

Key fields100Profile38Conclusion82AI synthesis40Observations23

Light & Wonder Inc (LNW.AX) is currently classified as Casinos & Gaming within Casinos & Gaming (Consumer Cyclicals). Classification confidence: 0.92 (verified market data). Capital structure on the latest snapshot: total assets 6,462,000,000 USD, total equity 245,000,000, short-term debt 0, long-term debt 5,163,000,000. Net cash position is approximately -4,996,000,000 USD. Profitability profile: revenue 3,314,000,000, gross profit 2,429,000,000, operating income 678,000,000, net income 276,000,000. Return on equity ~112.7%. Return on assets ~4.3%. Operating-cash-flow to net-income ratio is 2.88. Risk profile from automated assessment: liquidity risk medium, dilution risk low. Flags: Net cash is negative after subtracting total debt..

30-day price · LNW-2.47 (-2.1%)

Low$113.27High$119.99Close$113.85As of4 May, 00:00 UTC

Profile

CompanyLight & Wonder Inc

TickerLNW.AX

SectorConsumer Cyclicals

BusinessCyclical Consumer Services

Industry groupCyclical Consumer Services

IndustryCasinos & Gaming

AI analysis

Business. Light & Wonder Inc is classified under Consumer Cyclicals / Casinos & Gaming and appears profitable on the latest normalized snapshot.

Classification. Classification confidence is 0.92 based on verified market data; matched terms: Casinos & Gaming, Cyclical Consumer Services, Consumer Cyclicals.

Key takeaways

Return on equity is about 112.7%.
Debt to equity is about 21.07x.
Analyst estimate: Mean price target = 196.50 USD
Analyst estimate: Median price target = 191.50 USD

Financial snapshot

PeriodHA-latest

CurrencyUSD

Revenue$3.31B

Gross profit$2.43B

Operating income$678.0M

Net income$276.0M

R&D—

SG&A—

D&A—

SBC—

Operating cash flow$794.0M

CapEx-$310.0M

Free cash flow$372.0M

Total assets$6.46B

Total liabilities$6.22B

Total equity$245.0M

Cash & equivalents$167.0M

Long-term debt$5.16B

Annual history (last 5)

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Quarterly history (last 4)

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Valuation

Market price—

Market cap—

Enterprise value—

P/E—

Reported non-GAAP P/E—

EV/Revenue—

EV/Op income—

EV/OCF—

P/B—

P/Tangible book—

Tangible book$245.0M

Net cash-$5.00B

Current ratio1.6

Debt/Equity21.1

ROA4.3%

ROE1.1%

Cash conversion2.9%

CapEx/Revenue-9.3%

SBC/Revenue—

Asset intensity—

Dilution ratio0.0%

Risk assessment

Dilution riskLow

Liquidity riskMedium

Net cash is negative after subtracting total debt.

Industry benchmarks

Activity: Casinos & Gaming · cohort 54 companies

MetricLNWActivity

Op margin20.5%10.4% medp25 0.8% · p75 18.3%top quartile

Net margin8.3%5.3% medp25 -0.7% · p75 12.7%above median

Gross margin73.3%41.5% medp25 29.7% · p75 67.8%top quartile

R&D / revenue—1.1% medp25 1.1% · p75 1.1%

CapEx / revenue-9.3%-4.4% medp25 -9.3% · p75 -1.9%bottom quartile

Debt / equity2107.0%17.2% medp25 0.1% · p75 169.2%top quartile

Observations

IR observations

Mean price target196.50 USD

Median price target191.50 USD

High price target245.00 USD

Low price target159.00 USD

Mean recommendation1.84 (1=strong buy, 5=strong sell)

Strong-buy count6.00

Buy count10.00

Hold count3.00

Sell count0.00

Strong-sell count0.00

Mean EPS estimate6.86 USD

Last actual EPS3.26 USD

Source data

Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.

Company fundamentalsperiod FQ-7 · history via verified-market-data

no public URL

2026-05-06 15:50 UTC#c231678e

Source: analysis-pipeline (hybrid)Generated: 2026-05-06 15:59 UTCJob: 3a620138