Light & Wonder (LAWIL) Common Equity (2009 - 2026)
Light & Wonder (LAWIL) posted Common Equity of $302 million for Q2 2026, down 57.0% from $702 million a year earlier and down 2.9% from the prior quarter.
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Analysis
Light & Wonder (LAWIL) Common Equity (2009 - 2026) Analysis & Trends
At the end of FY2025, Light & Wonder's Common Equity came in at $245 million, down 61.5% from FY2024.
- Annual Common Equity has declined for three consecutive years.
- In prior years, Light & Wonder's Common Equity was $636 million in FY2024 (-16.9%), $765 million in FY2023 (-34.1%), $1.16 billion in FY2022 and -$2.11 billion in FY2021.
- Quarterly Common Equity has run from a low of -$2.19 billion in Q3 2021 to a high of $1.23 billion in Q3 2022 over five years.
- On a year-over-year basis, Common Equity has declined in each of the last 12 quarters, with an average decline of 32.8% over the last eight quarters.
- The strongest year-over-year quarter for Common Equity in the past five years was Q2 2023, with growth of 27.3%; the weakest was Q4 2025, with a decline of 61.5%.
- According to Business Quant data, Common Equity for the three prior quarters was $311 million (Q1 2026), $245 million (Q4 2025) and $723 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 23.66 Bn | 10.08 Bn | 1.48 Bn | 897.00 Mn |
| 2 | DraftKings | 18.62 Bn | 14.28 Bn | 551.45 Mn | 569.43 Mn |
| 3 | Flutter Entertainment | 14.18 Bn | 7.93 Bn | 1.71 Bn | 8.98 Bn |
| 4 | Madison Square Garden Sports | 9.38 Bn | 8.98 Bn | 119.21 Mn | -263.30 Mn |
| 5 | Life Time Group Holdings | 9.37 Bn | 8.61 Bn | 412.26 Mn | 3.30 Bn |
| 6 | Wynn Resorts | 7.77 Bn | 1.32 Bn | 758.95 Mn | -906.67 Mn |
| 7 | MGM Resorts International | 7.42 Bn | -761.08 Mn | 1.98 Bn | 3.37 Bn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 302.00 Mn |
| 9 | Caesars Entertainment | 5.92 Bn | 2.54 Bn | 1.50 Bn | 3.55 Bn |
| 10 | Churchill Downs | 5.89 Bn | 5.16 Bn | 419.00 Mn | 1.34 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 302.00 Mn |
| Mar 31, 2026 | 311.00 Mn |
| Dec 31, 2025 | 245.00 Mn |
| Sep 30, 2025 | 723.00 Mn |
| Jun 30, 2025 | 702.00 Mn |
| Mar 31, 2025 | 620.00 Mn |
| Dec 31, 2024 | 636.00 Mn |
| Sep 30, 2024 | 858.00 Mn |
| Jun 30, 2024 | 786.00 Mn |
| Mar 31, 2024 | 835.00 Mn |
| Dec 31, 2023 | 765.00 Mn |
| Sep 30, 2023 | 1.15 Bn |
| Jun 30, 2023 | 1.23 Bn |
| Mar 31, 2023 | 1.18 Bn |
| Dec 31, 2022 | 1.16 Bn |
| Sep 30, 2022 | 1.23 Bn |
| Jun 30, 2022 | 966.00 Mn |
| Mar 31, 2022 | -2.14 Bn |
| Dec 31, 2021 | -2.11 Bn |
| Sep 30, 2021 | -2.19 Bn |
API Access
Light & Wonder Common Equity API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=common-equity&ticker=LAWIL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "ticker": "LAWIL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=common-equity&ticker=LAWIL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();