FLL vs MGM vs LAWIL Stock Comparison

Full House Resorts, MGM Resorts International and Light & Wonder Prices as of Oct 28, 2026 Peers: Industry group
FLL Full House Resorts Inc
$0.86 -46.3% 1M -67.8% 1Y
Market cap
$31.51M
P/E
–
Revenue (TTM)
$305.86M
Div. yield
–
Casinos Consumer Discretionary
MGM MGM Resorts International
$27.26 -14.4% 1M -14.7% 1Y
Market cap
$6.86B
P/E
9.9x
Revenue (TTM)
$17.72B
Div. yield
–
Casinos Consumer Discretionary
7 wins
LAWIL Light & Wonder, Inc.
$92.45 +10.1% 1M
Market cap
$7.12B
P/E
26.4x
Revenue (TTM)
$3.35B
Div. yield
–
Casinos Consumer Discretionary
4 wins

Head to Head

11 decided of 12

MGM Resorts International leads on 7 of the 12 questions below (MGM Resorts International 7, Light & Wonder 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFLLMGMLAWILLeader
Larger companyMarket capitalisation $31.51M $6.86B $7.12B LAWIL
Cheaper on earningsLower P/E, profitable companies only -0.8x 9.9x 26.4x MGM
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 17.8x 12.5x LAWIL
Faster revenue growthRevenue growth, trailing twelve months +2.8% +2.6% +4.8% LAWIL
More profitableNet margin, trailing twelve months -12.1% 3.9% 8.1% LAWIL
Better return on capitalReturn on invested capital 1.5% 13.5% 9.5% MGM
Less leveragedLower net debt / EBITDA 8.3x 1.4x 4.5x MGM
Higher dividend yieldTrailing dividend yield — 0.00% — –
Better 1-year returnPrice return, last 12 months -67.8% -14.7% — MGM
Better 5-year returnAnnualised price return, 5 years -38.7%/yr -10.4%/yr — MGM
Less volatileAnnualised volatility, 1 year 64.4% 39.1% — MGM
Higher overall scoreMean of the five percentile scores vs peers 43/100 73/100 63/100 MGM

Percentile Scorecard

FLLMGMLAWIL

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisFLLMGMLAWIL
Valuation 74 #12 of 44 100 #1 of 44 49 #23 of 44
Growth 83 #8 of 43 55 #20 of 43 64 #16 of 43
Profitability 37 #27 of 42 59 #18 of 42 88 #6 of 42
Financial Health 15 #40 of 47 70 #15 of 47 35 #31 of 47
Shareholder Returns 7 #26 of 28 82 #6 of 28 78 #7 of 28
Overall 43 73 63
  • FLL ranked among 48 companies in Gaming and Leisure
  • MGM ranked among 48 companies in Gaming and Leisure
  • LAWIL ranked among 48 companies in Gaming and Leisure

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodFLLMGMLAWILSPY
1 month -46.3%-14.4%+10.1% +0.9%
3 months -62.6%-40.6%+12.7% +5.9%
6 months -64.5%-30.6%-9.4% +8.5%
Year to date -67.0%-25.3%— +13.3%
1 year -67.8%-14.7%— +12.4%
3 years -76.2%-20.4%— +88.1%
3 years, per year -38.0%-7.3%— +23.5%
5 years -91.4%-42.2%— +68.2%
5 years, per year -38.7%-10.4%— +11.0%
10 years -47.2%+4.6%— +263.4%
10 years, per year -6.2%+0.4%— +13.8%

Risk

MeasureFLLMGMLAWILSPY
Volatility, 1Y 64.4%39.1%— 12.7%
Downside volatility, 1Y 64.1%35.2%— 12.7%
Beta vs S&P 500, 1Y 0.920.85— 1.00
Return / volatility, 1Y -1.05-0.38— 0.98
Max drawdown, 5Y -93.2%-49.3%-19.6% -25.4%
From 52-week high -74.1%-46.2%-9.4% -0.9%
52-week high $3.32$50.69$102.00 $779.14
52-week low $0.84$27.26$82.00 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleFLLMGMLAWIL
P/E now vs peer median -0.8xmedian 16.8x 9.9xmedian 16.8x 26.4xmedian 16.8x
P/S now vs peer median 0.1xmedian 1.9x 0.4xmedian 1.9x 2.1xmedian 1.9x
EV/EBITDA now vs peer median 8.9xmedian 10.2x 4.3xmedian 10.2x 10.9xmedian 10.2x
P/FCF now vs peer median 8.0xmedian 11.2x 4.9xmedian 11.2x 12.8xmedian 11.2x
P/B now vs peer median -2.4xmedian 2.2x 2.0xmedian 2.2x 23.6xmedian 2.2x
PEG now vs peer median 0.10median 0.44 -2.18median 0.44 -4.35median 0.44

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsFLLMGMLAWIL
Revenue $305.86M $17.72B $3.35B
Gross profit $157.64M $7.73B $2.49B
Operating income $7.08M $1.25B $665.00M
Net income -$36.89M $919.56M $271.00M
Free cash flow $3.96M $1.40B $555.00M
R&D – – $250.00M
EPS (diluted) $-1.01 $2.75 $3.45
Cash & equivalents $33.41M $2.40B $148.00M
Total debt $1.89B $5.67B $20.38B
Shares (diluted) 36.45M 251.96M 78.50M
Enterprise value -$104.87M -$1.58B $6.43B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricFLLMGMLAWIL
P/E -0.8x 9.9x 26.4x
P/FCF 8.0x 4.9x 12.8x
P/Operating cash flow 2.2x 3.0x 8.1x
P/S 0.1x 0.4x 2.1x
P/B -2.4x 2.0x 23.6x
P/Tangible book -0.3x 3.2x -16.8x
EV/EBITDA 8.9x 4.3x 10.9x
EV/EBIT 66.1x 8.1x 18.2x
EV/Revenue 1.5x 0.6x 3.6x
EV/FCF 118.1x 7.2x 21.8x
EV/Operating cash flow 32.4x 4.4x 13.7x
PEG (3Y EPS CAGR) 0.10 -2.18 -4.35

Growth

14 metrics
MetricFLLMGMLAWIL
Revenue growth (1Y) 2.8% 2.6% 4.8%
Revenue CAGR (3Y) 17.8% 4.8% 7.0%
Gross profit growth (1Y) 4.0% 0.2% 8.7%
Gross profit CAGR (3Y) 16.4% 1.7% 9.2%
Operating income growth (1Y) 315.2% 28.9% -4.9%
Operating income CAGR (3Y) 43.9% -5.3% 18.3%
Net income growth (1Y) 9.8% 209.1% -22.3%
Net income CAGR (3Y) -10.2% -9.0% -12.6%
EPS growth (1Y) 10.8% 977.3% -14.9%
EPS CAGR (3Y) -8.2% -4.5% -6.1%
Operating cash flow growth (1Y) 539.6% -9.1% 44.5%
Operating cash flow CAGR (3Y) 97.0% -1.2% 75.0%
Free cash flow growth (1Y) 117.5% 2.2% 67.7%
Free cash flow CAGR (3Y) 26.4% -2.0% 46.3%

Profitability

14 metrics
MetricFLLMGMLAWIL
Gross margin 51.5% 43.6% 74.4%
EBITDA margin 17.2% 13.4% 33.0%
Operating margin 2.3% 7.0% 19.9%
Pretax margin -11.8% 4.2% 10.4%
Net margin -12.1% 3.9% 8.1%
FCF margin 1.3% 7.9% 16.6%
Operating cash flow margin 4.7% 13.1% 26.4%
Return on equity – 27.3% 88.4%
Return on assets -5.9% 2.3% 4.3%
Return on invested capital 1.5% 13.5% 9.5%
Return on capital employed 1.3% 3.4% 11.8%
Asset turnover 0.5x 0.4x 0.5x
Cash conversion (OCF / net income) -0.4x 2.5x 3.3x
Stock comp / revenue 0.7% 0.5% 3.8%

Financial Health

11 metrics
MetricFLLMGMLAWIL
Debt / assets 74.5% 14.4% 80.6%
Debt / equity -35.2x 1.7x 17.0x
Net debt / EBITDA 8.3x 1.4x 4.5x
Debt / FCF 118.5x 4.0x 9.2x
Liabilities / assets 102.1% 91.5% 95.3%
Equity / assets -2.1% 8.5% 4.7%
Interest coverage 0.2x 3.1x –
Current ratio 0.6x 1.2x 1.7x
Quick ratio 0.4x 1.0x 1.1x
Cash ratio 0.4x 0.7x 0.2x
Altman Z-score 0.20 0.77 1.75

Shareholder Returns

7 metrics
MetricFLLMGMLAWIL
Dividend yield – – –
Net buyback yield -0.9% 11.3% 10.9%
Shareholder yield -0.9% 11.3% 10.9%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusFLLMGMLAWIL
Forward P/E – 17.8xFY2026 12.5xFY2026
EPS, next fiscal year $-0.86FY2026 $1.53FY2026 $7.40FY2026
EPS growth, next FY – -53.8%FY2026 +10.6%FY2026
EPS growth, the year after – +18.3% +29.3%
Revenue, next fiscal year $294.72MFY2026 $18.44BFY2026 $3.61BFY2026
Revenue growth, next FY -2.5%FY2026 +5.1%FY2026 +8.9%FY2026
Revenue growth, the year after +17.9% +0.3% -5.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFLLMGMLAWIL
Held by institutions 38.2% 66.8% –
Institutions holding 65 661 –
Change in shares held, QoQ +0.7% +0.0% –
Institutions buying 33 305 –
Institutions selling 15 235 –
Buyers to sellers 2.20 1.30 –

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

FLLMGMLAWIL
FLL 1.00 0.23 –
MGM 0.23 1.00 –
LAWIL – – –

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FLL, MGM and LAWIL?

Light & Wonder (LAWIL) is the largest by market capitalisation: Full House Resorts (FLL) $31.51M, MGM Resorts International (MGM) $6.86B, Light & Wonder (LAWIL) $7.12B.

Which stock is cheaper, FLL, MGM and LAWIL?

MGM Resorts International (MGM) trades on the lowest price-to-earnings ratio (Full House Resorts (FLL) -0.8x, MGM Resorts International (MGM) 9.9x, Light & Wonder (LAWIL) 26.4x). On next year's consensus earnings, Light & Wonder (LAWIL) is cheapest (MGM Resorts International (MGM) 17.8x, Light & Wonder (LAWIL) 12.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Light & Wonder (LAWIL) grew revenue fastest over the trailing twelve months: Full House Resorts (FLL) +2.8%, MGM Resorts International (MGM) +2.6%, Light & Wonder (LAWIL) +4.8%.

Which company is more profitable?

Light & Wonder (LAWIL) has the highest net margin (Full House Resorts (FLL) -12.1%, MGM Resorts International (MGM) 3.9%, Light & Wonder (LAWIL) 8.1%). On return on invested capital, MGM Resorts International (MGM) leads (Full House Resorts (FLL) 1.5%, MGM Resorts International (MGM) 13.5%, Light & Wonder (LAWIL) 9.5%).

Which stock has performed better?

Over the past year MGM Resorts International (MGM) returned the most: Full House Resorts (FLL) -67.8%, MGM Resorts International (MGM) -14.7%. Over five years, MGM Resorts International (MGM) compounded fastest (Full House Resorts (FLL) -38.7%/yr, MGM Resorts International (MGM) -10.4%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, MGM Resorts International (MGM) has been the steadiest (Full House Resorts (FLL) 64.4%, MGM Resorts International (MGM) 39.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, FLL, MGM and LAWIL?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, MGM Resorts International (MGM) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.