Light & Wonder (LNWO) Return on Invested Capital [ROIC] (2010 - 2026)
Light & Wonder (LNWO) recorded Return on Invested Capital [ROIC] of 9.62% in Q3 2026, down 1.31 percentage points from 10.94% a year earlier but up 0.14 percentage points from the prior quarter.
Light & Wonder (LNWO) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2025, Light & Wonder reported Return on Invested Capital [ROIC] of 10.42%, down 1.24 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has a five-year change of +14.06 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 11.66% in FY2024 (+2.28 pp), 9.38% in FY2023 (+4.69 pp), 4.69% in FY2022 (+4.69 pp) and 0.00% in FY2021 (+3.64 pp).
- Quarterly Return on Invested Capital [ROIC] has ranged from 0.00% in Q4 2021 to 11.74% in Q1 2025 over the past five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined for six consecutive quarters, with an average year-over-year change of -0.70 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 6.61 percentage points in Q1 2023, against a drop of 2.70 percentage points in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 9.49% (Q2 2026), 9.03% (Q1 2026) and 9.32% (Q4 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 9.62% |
| Jun 30, 2026 | 9.49% |
| Mar 31, 2026 | 9.03% |
| Dec 31, 2025 | 9.32% |
| Sep 30, 2025 | 10.94% |
| Jun 30, 2025 | 10.95% |
| Mar 31, 2025 | 11.74% |
| Dec 31, 2024 | 11.53% |
| Sep 30, 2024 | 11.63% |
| Jun 30, 2024 | 11.64% |
| Mar 31, 2024 | 10.43% |
| Dec 31, 2023 | 9.37% |
| Sep 30, 2023 | 7.27% |
| Jun 30, 2023 | 6.00% |
| Mar 31, 2023 | 6.61% |
| Dec 31, 2022 | 5.36% |
| Sep 30, 2022 | 1.72% |
| Jun 30, 2022 | 0.31% |
| Mar 31, 2022 | 0.00% |
| Dec 31, 2021 | 0.00% |
Light & Wonder Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=LNWO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "LNWO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=LNWO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();