Light & Wonder (LAWIL) Free Cash Flow (2009 - 2026)
Light & Wonder (LAWIL) reported Free Cash Flow of $146 million for Q3 2026, up 39.0% from $105 million a year earlier but down 7.6% from the prior quarter.
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Analysis
Light & Wonder (LAWIL) Free Cash Flow (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Light & Wonder's Free Cash Flow came in at $596 million, up 53.2% year-over-year; for FY2025, it was $484 million, up 43.2% from FY2024.
- Free Cash Flow has a five-year compound annual growth rate of 7.7% (FY2020 to FY2025).
- By year, Free Cash Flow came in at $338 million in FY2024 (-2.9%), $348 million in FY2023, -$641 million in FY2022 and $514 million in FY2021 (+53.9%).
- Five-year quarterly Free Cash Flow spans a low of -$461 million in Q3 2022 and a high of $227 million in Q4 2025.
- Year over year, Free Cash Flow gained in six of the last eight quarters, with growth averaging 80.4%.
- The high point for year-over-year Free Cash Flow in five years was Q2 2026 (growth of 464.3%); the low point was Q3 2024 (a decline of 64.9%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $158 million (Q2 2026), $65 million (Q1 2026) and $227 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 44.86 Bn | 38.23 Bn | 655.12 Mn | -104.78 Mn |
| 2 | Vail Resorts | 28.33 Bn | 27.04 Bn | - | -153.03 Mn |
| 3 | Las Vegas Sands | 25.59 Bn | 12.41 Bn | 1.47 Bn | 589.00 Mn |
| 4 | DraftKings | 17.25 Bn | 13.04 Bn | 429.05 Mn | -43.74 Mn |
| 5 | Flutter Entertainment | 14.34 Bn | 7.97 Bn | 1.52 Bn | 191.00 Mn |
| 6 | Life Time Group Holdings | 10.65 Bn | 9.82 Bn | 419.01 Mn | -26.64 Mn |
| 7 | MGM Resorts International | 8.32 Bn | -116.89 Mn | 1.73 Bn | 310.80 Mn |
| 8 | MSG Knickerbockers | 7.63 Bn | 7.24 Bn | 36.67 Mn | -146.93 Mn |
| 9 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | 146.00 Mn |
| 10 | Churchill Downs | 6.99 Bn | 6.25 Bn | 207.00 Mn | 89.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 146.00 Mn |
| Jun 30, 2026 | 158.00 Mn |
| Mar 31, 2026 | 65.00 Mn |
| Dec 31, 2025 | 227.00 Mn |
| Sep 30, 2025 | 105.00 Mn |
| Jun 30, 2025 | 28.00 Mn |
| Mar 31, 2025 | 124.00 Mn |
| Dec 31, 2024 | 132.00 Mn |
| Sep 30, 2024 | 47.00 Mn |
| Jun 30, 2024 | 55.00 Mn |
| Mar 31, 2024 | 105.00 Mn |
| Dec 31, 2023 | 107.00 Mn |
| Sep 30, 2023 | 134.00 Mn |
| Jun 30, 2023 | -25.00 Mn |
| Mar 31, 2023 | 132.00 Mn |
| Dec 31, 2022 | -137.00 Mn |
| Sep 30, 2022 | -461.00 Mn |
| Jun 30, 2022 | -94.00 Mn |
| Mar 31, 2022 | 51.00 Mn |
| Dec 31, 2021 | 173.00 Mn |
API Access
Light & Wonder Free Cash Flow 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=free-cash-flow&ticker=LAWIL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=LAWIL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();