Light & Wonder (LAWIL) Debt Ratio (2009 - 2026)
Light & Wonder's Debt Ratio came in at 0.81 for Q2 2026, up 7.8% from 0.75 a year earlier but down 0.1% from the prior quarter.
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Analysis
Light & Wonder (LAWIL) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2025, Light & Wonder's Debt Ratio was 0.80, up 11.9% from FY2024.
- Debt Ratio has increased in each of the last three years.
- Going back by year, Debt Ratio was 0.71 in FY2024 (+2.3%), 0.70 in FY2023 (+7.7%), 0.65 in FY2022 (-41.2%) and 1.10 in FY2021 (-5.4%).
- The five-year range for quarterly Debt Ratio is 0.60 (Q2 2022) to 1.13 (Q3 2021).
- Year-over-year, Debt Ratio has increased for 13 consecutive quarters, with growth averaging 7.5% over the last eight quarters.
- The fastest year-over-year change in Debt Ratio over five years came in Q1 2026 (growth of 12.7%), and the weakest in Q2 2022 (a decline of 48.2%).
- Business Quant data shows LAWIL's Debt Ratio at 0.81 (Q1 2026), 0.80 (Q4 2025) and 0.76 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 23.28 Bn | 9.38 Bn | 1.48 Bn | 0.77 |
| 2 | Flutter Entertainment | 13.82 Bn | 7.19 Bn | 1.71 Bn | 0.42 |
| 3 | DraftKings | 10.26 Bn | 5.92 Bn | 551.45 Mn | 0.13 |
| 4 | Madison Square Garden Sports | 9.48 Bn | 9.07 Bn | 119.21 Mn | 0.17 |
| 5 | Life Time Group Holdings | 9.26 Bn | 8.50 Bn | 412.26 Mn | 0.18 |
| 6 | Wynn Resorts | 7.50 Bn | 1.78 Bn | 758.95 Mn | 0.81 |
| 7 | MGM Resorts International | 7.25 Bn | -1.79 Bn | 1.98 Bn | 0.15 |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 0.81 |
| 9 | Caesars Entertainment | 5.90 Bn | 2.34 Bn | 1.50 Bn | 0.37 |
| 10 | Churchill Downs | 5.85 Bn | 5.07 Bn | 419.00 Mn | 0.63 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.81 |
| Mar 31, 2026 | 0.81 |
| Dec 31, 2025 | 0.80 |
| Sep 30, 2025 | 0.76 |
| Jun 30, 2025 | 0.75 |
| Mar 31, 2025 | 0.72 |
| Dec 31, 2024 | 0.71 |
| Sep 30, 2024 | 0.69 |
| Jun 30, 2024 | 0.70 |
| Mar 31, 2024 | 0.69 |
| Dec 31, 2023 | 0.70 |
| Sep 30, 2023 | 0.66 |
| Jun 30, 2023 | 0.65 |
| Mar 31, 2023 | 0.65 |
| Dec 31, 2022 | 0.65 |
| Sep 30, 2022 | 0.62 |
| Jun 30, 2022 | 0.60 |
| Mar 31, 2022 | 1.11 |
| Dec 31, 2021 | 1.10 |
| Sep 30, 2021 | 1.13 |
API Access
Light & Wonder Debt Ratio 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=debt-ratio&ticker=LAWIL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "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=debt-ratio&ticker=LAWIL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();