Light & Wonder Debt to Equity Ratio 2012-2025 | LNWO

Current and historical debt to equity ratio values for Light & Wonder (LNWO) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Light & Wonder debt/equity for the three months ending September 30, 2025 was 6.77.
Light & Wonder Debt/Equity Ratio Historical Data
Date Long Term Debt Shareholder's Equity Debt to Equity Ratio
2025-09-30 $5.79B $0.72B 8.00
2025-06-30 $5.79B $0.70B 8.25
2025-03-31 $4.84B $0.62B 7.80
2024-12-31 $4.79B $0.64B 7.52
2024-09-30 $4.74B $0.86B 5.52
2024-06-30 $4.75B $0.79B 6.05
2024-03-31 $4.75B $0.84B 5.69
2023-12-31 $4.79B $0.77B 6.26
2023-09-30 $4.74B $1.15B 4.14
2023-06-30 $4.73B $1.23B 3.85
2023-03-31 $4.84B $1.18B 4.09
2022-12-31 $4.85B $1.16B 4.18
2022-09-30 $5.01B $1.23B 4.07
2022-06-30 $5.52B $0.97B 5.71
2022-03-31 $10.09B $-2.14B -4.72
2021-12-31 $9.99B $-2.11B -4.74
2021-09-30 $10.04B $-2.19B -4.58
2021-06-30 $10.13B $-2.37B -4.28
2021-03-31 $10.38B $-2.52B -4.12
2020-12-31 $10.51B $-2.52B -4.16
2020-09-30 $10.64B $-2.54B -4.19
2020-06-30 $10.32B $-2.48B -4.16
2020-03-31 $9.82B $-2.36B -4.16
2019-12-31 $9.92B $-2.11B -4.70
2019-09-30 $10.03B $-2.13B -4.72
2019-06-30 $10.05B $-2.12B -4.75
2019-03-31 $11.26B $-2.42B -4.65
2018-12-31 $10.18B $-2.46B -4.13
2018-09-30 $10.15B $-2.62B -3.88
2018-06-30 $9.88B $-2.27B -4.36
2018-03-31 $9.93B $-2.20B -4.52
2017-12-31 $9.75B $-2.03B -4.81
2017-09-30 $9.04B $-1.98B -4.57
2017-06-30 $9.06B $-2.00B -4.54
2017-03-31 $9.07B $-2.00B -4.55
2016-12-31 $9.02B $-1.94B -4.66
2016-09-30 $9.13B $-1.75B -5.22
2016-06-30 $9.13B $-1.67B -5.48
2016-03-31 $9.28B $-1.58B -5.86
2015-12-31 $9.23B $-1.50B -6.17
2015-09-30 $9.60B $-0.98B -9.78
2015-06-30 $9.75B $-0.26B -37.47
2015-03-31 $9.89B $-0.19B -52.23
2014-12-31 $9.72B $0.00B 2491.59
2014-09-30 $3.93B $0.11B 37.21
2014-06-30 $3.96B $0.23B 17.52
2014-03-31 $3.97B $0.29B 13.90
2013-12-31 $3.86B $0.38B 10.30
2013-09-30 $1.80B $0.36B 5.08
2013-06-30 $1.79B $0.31B 5.79
2013-03-31 $1.82B $0.32B 5.75
2012-12-31 $1.82B $0.37B 5.00
2012-09-30 $1.80B $0.40B 4.49
2012-06-30 $1.68B $0.44B 3.81
2012-03-31 $1.70B $0.48B 3.56
2011-12-31 $1.72B $0.44B 3.87
2011-09-30 $1.74B $0.46B 3.77
2011-06-30 $1.71B $0.51B 3.35
2011-03-31 $1.72B $0.48B 3.56
2010-12-31 $1.70B $0.45B 3.75
2010-09-30 $1.77B $0.62B 2.86
2010-06-30 $1.65B $0.56B 2.96
2010-03-31 $1.65B $0.60B 2.73
2009-12-31 $1.67B $0.62B 2.70
2009-09-30 $1.67B $0.67B 2.50
2009-06-30 $1.69B $0.64B 2.64
2009-03-31 $1.61B $0.55B 2.94
2008-12-31 $1.59B $0.60B 2.66
2008-09-30 $1.63B $0.73B 2.25
2008-06-30 $1.64B $0.73B 2.25
2008-03-31 $1.48B $0.69B 2.15
2007-12-31 $1.44B $0.66B 2.18
2007-09-30 $1.42B $0.64B 2.24
2007-06-30 $1.37B $0.61B 2.24
2007-03-31 $1.24B $0.57B 2.18
2006-12-31 $1.23B $0.53B 2.33
2006-09-30 $1.13B $0.50B 2.26
2006-06-30 $1.12B $0.48B 2.34
2006-03-31 $0.90B $0.43B 2.12
2005-12-31 $0.79B $0.39B 2.03
2005-09-30 $0.77B $0.38B 2.06
2005-06-30 $0.75B $0.35B 2.15
2005-03-31 $0.76B $0.33B 2.35
2004-12-31 $0.79B $0.30B 2.64
2004-09-30 $0.70B $0.30B 2.29
2004-06-30 $0.69B $0.28B 2.48
2004-03-31 $0.71B $0.26B 2.72
2003-12-31 $0.73B $0.24B 3.06
2003-09-30 $0.50B $0.21B 2.40
2003-06-30 $0.50B $0.19B 2.60
2003-03-31 $0.49B $0.20B 2.49
2002-12-31 $0.47B $0.17B 2.77
2002-09-30 $0.47B $0.14B 3.41
2002-06-30 $0.57B $0.05B 12.42
2002-03-31 $0.56B $0.03B 16.70
2001-12-31 $0.58B $0.02B 24.00
2001-09-30 $0.57B $0.03B 23.19
2001-06-30 $0.60B $0.02B 25.20
2001-03-31 $0.61B $0.02B 27.48
2000-12-31 $0.61B $0.03B 21.63
2000-10-31 $0.00B 0.00
2000-09-30 $0.22B $-0.04B -5.04
2000-06-30 $0.22B $-0.05B -4.82
2000-03-31 $0.21B $-0.05B -4.47
1999-12-31 $0.21B $-0.05B -4.43
1999-10-31 $0.00B 0.00
1999-09-30 $0.21B $-0.05B -4.26
1999-06-30 $0.20B $-0.05B -4.00
1999-03-31 $0.20B $-0.05B -4.00
1998-12-31 $0.21B $-0.05B -4.22
1998-09-30 $0.21B $-0.04B -4.68
1998-06-30 $0.19B $-0.04B -4.72
1998-03-31 $0.19B $-0.04B -4.94
1997-12-31 $0.19B $-0.04B -4.94
1997-09-30 $0.07B $-0.03B -2.29
1997-06-30 $0.10B $-0.03B -3.48
1997-03-31 $0.09B $-0.03B -3.39
1996-12-31 $0.08B $-0.02B -4.16
1996-09-30 $0.23B $-0.01B -17.06
1996-06-30 $0.23B $-0.01B -37.93
1996-03-31 $0.23B $0.00B -216.43
1995-12-31 $0.23B $0.01B 19.33
1995-09-30 $0.23B $0.01B 17.63
1995-06-30 $0.23B $0.04B 5.52
1995-03-31 $0.22B $0.05B 4.47
1994-12-31 $0.19B $0.06B 3.41
1994-09-30 $0.15B $0.07B 2.14
1994-06-30 $0.14B $0.07B 1.90
1994-03-31 $0.12B $0.08B 1.57
1993-12-31 $0.11B $0.08B 1.44
1993-09-30 $0.07B $0.07B 0.93
1993-06-30 $0.02B $0.07B 0.34
1993-03-31 $0.08B $-0.01B -6.98
1992-12-31 $0.08B $-0.02B -3.80
1992-09-30 $0.07B $-0.02B -2.90
1992-06-30 $0.07B $-0.03B -2.77
1992-03-31 $0.07B $-0.03B -2.44
1991-12-31 $0.07B $-0.03B -2.48
1991-09-30 $0.07B $-0.03B -2.48
1991-06-30 $0.07B $-0.03B -2.44
1991-03-31 $0.07B $-0.03B -2.44
1990-12-31 $0.00B 0.00
1990-09-30 $0.00B 0.00
Sector Industry Market Cap Revenue
Consumer Discretionary Gaming $8.972B $3.188B
Light & Wonder Inc. is a cross-platform games and entertainment company. Its OpenGaming(TM) platform powers digital-gaming network in the industry. Light & Wonder Inc., formerly known as Scientific Games Corporation, is based in LAS VEGAS.
Stock Name Country Market Cap PE Ratio
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Electronic Arts (EA) United States $50.051B 35.09
Roblox (RBLX) United States $43.495B 0.00
Las Vegas Sands (LVS) United States $39.081B 19.20
Take-Two Interactive Software (TTWO) United States $36.218B 64.55
Flutter Entertainment (FLUT) United States $26.727B 19.33
DraftKings (DKNG) United States $13.251B 0.00
Wynn Resorts (WYNN) United States $12.265B 21.68
GameStop (GME) United States $11.191B 26.02
Capcom (CCOEY) Japan $10.468B 19.25
MGM Resorts (MGM) United States $10.254B 11.29
Red Rock Resorts (RRR) United States $6.928B 20.52
Churchill Downs (CHDN) United States $6.523B 15.14
Boyd Gaming (BYD) United States $6.503B 11.22
Super Group (SGHC) (SGHC) $4.586B 16.56
Rush Street Interactive (RSI) United States $4.054B 73.62
Brightstar Lottery (BRSL) United Kingdom $2.885B 18.08
Melco Resorts & Entertainment (MLCO) Hong Kong, SAR China $2.665B 11.55
SJM Holdings (SJMHF) Hong Kong, SAR China $2.140B 0.00
Monarch Casino & Resort (MCRI) United States $1.804B 18.21
PENN Entertainment (PENN) United States $1.787B 0.00
Sharplink Gaming (SBET) United States $1.383B 0.00
Playtika Holding (PLTK) Israel $1.343B 11.16
Accel Entertainment (ACEL) United States $0.939B 13.93
Melco Development (MDEVF) Hong Kong, SAR China $0.866B 0.00
Bally's (BALY) United States $0.737B 0.00
Golden Entertainment (GDEN) United States $0.725B 153.83
UbiSoft Entertainment (UBSFY) France $0.611B 0.00
Corsair Gaming (CRSR) United States $0.551B 36.93
Universal Entertainment (UETMF) Japan $0.508B 1.46
Codere Online Luxembourg, S.A (CDRO) Luxembourg $0.358B 0.00
GDEV (GDEV) $0.290B 0.00
DouYu Holdings (DOYU) China $0.171B 0.00
GCL Global Holdings (GCL) Singapore $0.097B 0.00
Brera Holdings (SLMT) Ireland $0.095B 0.00
CTW Cayman (CTW) Japan $0.081B 0.00
Full House Resorts (FLL) United States $0.081B 0.00
Golden Matrix (GMGI) United States $0.081B 0.00
Canterbury Park Holding (CPHC) United States $0.077B 0.00
PLAYSTUDIOS (MYPS) United States $0.071B 0.00
Skillz (SKLZ) United States $0.059B 0.00
NIP Group (NIPG) Sweden $0.055B 0.00
Gamehaus Holdings (GMHS) China $0.054B 0.00
Galaxy Gaming (GLXZ) United States $0.052B 0.00
Bragg Gaming Group (BRAG) Canada $0.048B 0.00
Century Casinos (CNTY) United States $0.046B 0.00
GameSquare Holdings (GAME) United States $0.031B 0.00
Snail (SNAL) United States $0.025B 0.74
Motorsport Games (MSGM) United States $0.021B 9.10
DarkIris (DKI) Hong Kong, SAR China $0.012B 0.00
Lottery (SEGG) United States $0.011B 0.00
Gaxos.ai (GXAI) United States $0.010B 0.00
Allied Gaming & Entertainment (AGAE) United States $0.010B 0.00
Super League Enterprise (SLE) United States $0.004B 0.00
DoubleDown Interactive (DDI) South Korea $0.000B 3.73