LAWIL vs CZR Stock Comparison

Light & Wonder and Caesars Entertainment Prices as of Aug 19, 2026 Peers: Industry group
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

6 decided of 12

Light & Wonder leads on 4 of the 12 questions below (Light & Wonder 4, Caesars Entertainment 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionLAWILCZRLeader
Larger companyMarket capitalisation $7.12B $5.89B LAWIL
Cheaper on earningsLower P/E, profitable companies only 26.4x -12.7x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 12.5x — –
Faster revenue growthRevenue growth, trailing twelve months +4.8% +2.4% LAWIL
More profitableNet margin, trailing twelve months 8.1% -4.0% LAWIL
Better return on capitalReturn on invested capital 9.5% 11.1% CZR
Less leveragedLower net debt / EBITDA 4.5x 3.3x CZR
Higher dividend yieldTrailing dividend yield — 0.00% –
Better 1-year returnPrice return, last 12 months — +30.4% –
Better 5-year returnAnnualised price return, 5 years — -23.5%/yr –
Less volatileAnnualised volatility, 1 year — 43.9% –
Higher overall scoreMean of the five percentile scores vs peers 64/100 53/100 LAWIL

Percentile Scorecard

LAWILCZR

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

AxisLAWILCZR
Valuation 49 #23 of 44 88 #6 of 44
Growth 67 #15 of 43 33 #29 of 43
Profitability 85 #7 of 41 53 #20 of 41
Financial Health 35 #31 of 47 37 #30 of 47
Shareholder Returns 85 #5 of 28 –
Overall 64 53
  • LAWIL ranked among 48 companies in Gaming and Leisure
  • CZR 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

PeriodLAWILCZRSPY
1 month +10.1%-2.0% -0.8%
3 months +12.7%-3.3% +3.5%
6 months -9.4%+3.4% +7.0%
Year to date —+23.9% +12.2%
1 year —+30.4% +13.0%
3 years —-25.9% +86.3%
3 years, per year —-9.5% +23.1%
5 years —-73.8% +68.6%
5 years, per year —-23.5% +11.0%
10 years —+141.6% +258.0%
10 years, per year —+9.2% +13.6%

Risk

MeasureLAWILCZRSPY
Volatility, 1Y —43.9% 12.7%
Downside volatility, 1Y —40.5% 12.7%
Beta vs S&P 500, 1Y —0.58 1.00
Return / volatility, 1Y —0.69 1.02
Max drawdown, 5Y -19.6%-83.8% -25.4%
From 52-week high -9.4%-4.7% -1.8%
52-week high $102.00$30.41 $779.14
52-week low $82.00$18.14 $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.

MultipleLAWILCZR
P/E now vs peer median 26.4xmedian 17.1x -12.7xmedian 17.1x
P/S now vs peer median 2.1xmedian 1.9x 0.5xmedian 1.9x
EV/EBITDA now vs peer median 10.9xmedian 10.9x 5.1xmedian 10.9x
P/FCF now vs peer median 12.8xmedian 11.4x 9.7xmedian 11.4x
P/B now vs peer median 23.6xmedian 2.5x 1.7xmedian 2.5x
PEG now vs peer median -4.35median 0.57 0.32median 0.57

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 monthsLAWILCZR
Revenue $3.35B $11.65B
Gross profit $2.49B $5.79B
Operating income $665.00M $1.86B
Net income $271.00M -$450.00M
Free cash flow $555.00M $610.00M
R&D $250.00M –
EPS (diluted) $3.45 $-2.28
Cash & equivalents $148.00M $965.00M
Total debt $20.38B $11.70B
Shares (diluted) 78.50M 204.00M
Enterprise value $6.43B $2.34B

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
MetricLAWILCZR
P/E 26.4x -12.7x
P/FCF 12.8x 9.7x
P/Operating cash flow 8.1x 4.6x
P/S 2.1x 0.5x
P/B 23.6x 1.7x
P/Tangible book -16.8x -14.5x
EV/EBITDA 10.9x 5.1x
EV/EBIT 18.2x 9.0x
EV/Revenue 3.6x 1.4x
EV/FCF 21.8x 27.3x
EV/Operating cash flow 13.7x 12.8x
PEG (3Y EPS CAGR) -4.35 0.32

Growth

14 metrics
MetricLAWILCZR
Revenue growth (1Y) 4.8% 2.4%
Revenue CAGR (3Y) 7.0% 0.7%
Gross profit growth (1Y) 8.7% -0.5%
Gross profit CAGR (3Y) 9.2% -1.9%
Operating income growth (1Y) -4.9% -20.2%
Operating income CAGR (3Y) 18.3% -7.7%
Net income growth (1Y) -22.3% -152.8%
Net income CAGR (3Y) -12.6% -38.5%
EPS growth (1Y) -14.9% -144.3%
EPS CAGR (3Y) -6.1% -39.5%
Operating cash flow growth (1Y) 44.5% 6.2%
Operating cash flow CAGR (3Y) 75.0% -10.8%
Free cash flow growth (1Y) 67.7% 838.5%
Free cash flow CAGR (3Y) 46.3% -7.7%

Profitability

14 metrics
MetricLAWILCZR
Gross margin 74.4% 49.7%
EBITDA margin 33.0% 27.9%
Operating margin 19.9% 15.9%
Pretax margin 10.4% -3.7%
Net margin 8.1% -4.0%
FCF margin 16.6% 5.2%
Operating cash flow margin 26.4% 11.1%
Return on equity 88.4% -11.1%
Return on assets 4.3% -1.3%
Return on invested capital 9.5% 11.1%
Return on capital employed 11.8% 6.3%
Asset turnover 0.5x 0.4x
Cash conversion (OCF / net income) 3.3x -2.9x
Stock comp / revenue 3.8% 0.8%

Financial Health

11 metrics
MetricLAWILCZR
Debt / assets 80.6% 36.9%
Debt / equity 17.0x 3.3x
Net debt / EBITDA 4.5x 3.3x
Debt / FCF 9.2x 19.2x
Liabilities / assets 95.3% 88.8%
Equity / assets 4.7% 11.2%
Interest coverage – –
Current ratio 1.7x 0.9x
Quick ratio 1.1x 0.6x
Cash ratio 0.2x 0.4x
Altman Z-score 1.75 –

Shareholder Returns

7 metrics
MetricLAWILCZR
Dividend yield – –
Net buyback yield 10.9% –
Shareholder yield 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.

ConsensusLAWILCZR
Forward P/E 12.5xFY2026 –
EPS, next fiscal year $7.40FY2026 $-1.01FY2026
EPS growth, next FY +10.6%FY2026 –
EPS growth, the year after +29.3% –
Revenue, next fiscal year $3.61BFY2026 $11.36BFY2026
Revenue growth, next FY +8.9%FY2026 -1.1%FY2026
Revenue growth, the year after -5.0% +9.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersLAWILCZR
Held by institutions – 96.6%
Institutions holding – 415
Change in shares held, QoQ – -4.0%
Institutions buying – 208
Institutions selling – 151
Buyers to sellers – 1.38

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.

LAWILCZR
LAWIL – –
CZR – 1.00

Add a Peer

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Frequently Asked Questions

Which is bigger, LAWIL and CZR?

Light & Wonder (LAWIL) is the largest by market capitalisation: Light & Wonder (LAWIL) $7.12B, Caesars Entertainment (CZR) $5.89B.

Which company is growing faster?

Light & Wonder (LAWIL) grew revenue fastest over the trailing twelve months: Light & Wonder (LAWIL) +4.8%, Caesars Entertainment (CZR) +2.4%.

Which company is more profitable?

Light & Wonder (LAWIL) has the highest net margin (Light & Wonder (LAWIL) 8.1%, Caesars Entertainment (CZR) -4.0%). On return on invested capital, Caesars Entertainment (CZR) leads (Light & Wonder (LAWIL) 9.5%, Caesars Entertainment (CZR) 11.1%).

Which is the better stock, LAWIL and CZR?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Light & Wonder (LAWIL) leads on 4. 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.