Light & Wonder (LAWIL) Common Equity (2009 - 2026)
Light & Wonder (LAWIL) posted Common Equity of $423 million for Q3 2026, down 41.5% from $723 million a year earlier but up 40.1% from the prior quarter.
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 -$2.14 billion in Q1 2022 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 13 quarters, with an average decline of 34.9% 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 $302 million (Q2 2026), $311 million (Q1 2026) and $245 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 44.86 Bn | 38.23 Bn | 655.12 Mn | -985.04 Mn |
| 2 | Vail Resorts | 28.33 Bn | 27.04 Bn | - | 557.40 Mn |
| 3 | Las Vegas Sands | 25.59 Bn | 12.41 Bn | 1.47 Bn | -344.00 Mn |
| 4 | DraftKings | 17.25 Bn | 13.04 Bn | 429.05 Mn | 179.64 Mn |
| 5 | Flutter Entertainment | 14.34 Bn | 7.97 Bn | 1.52 Bn | 8.16 Bn |
| 6 | Life Time Group Holdings | 10.65 Bn | 9.82 Bn | 419.01 Mn | 3.45 Bn |
| 7 | MGM Resorts International | 8.32 Bn | -116.89 Mn | 1.73 Bn | 3.37 Bn |
| 8 | MSG Knickerbockers | 7.63 Bn | 7.24 Bn | 36.67 Mn | -307.45 Mn |
| 9 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | 423.00 Mn |
| 10 | Churchill Downs | 6.99 Bn | 6.25 Bn | 207.00 Mn | 1.38 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 423.00 Mn |
| 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 |
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_KEY
import 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();