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Light & Wonder (FRA:TJW) Tax Rate % : 18.00% (As of Mar. 2024)


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What is Light & Wonder Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Light & Wonder's Tax Expense for the three months ended in Mar. 2024 was €17 Mil. Light & Wonder's Pre-Tax Income for the three months ended in Mar. 2024 was €92 Mil. Therefore, Light & Wonder's Tax Rate % for the quarter that ended in Mar. 2024 was 18.00%.

Light & Wonder Tax Rate % Historical Data

The historical data trend for Light & Wonder's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Light & Wonder Tax Rate % Chart

Light & Wonder Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.47 0.37 108.16 -7.98 12.20

Light & Wonder Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.85 75.00 14.89 -3.03 18.00

Light & Wonder Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Light & Wonder's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=22.925/187.985
=12.20 %

Light & Wonder's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=16.56/92
=18.00 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Light & Wonder Tax Rate % Related Terms

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Light & Wonder (FRA:TJW) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Light & Wonder Inc (FRA:TJW) » Definitions » Tax Rate %
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Traded in Other Exchanges
LNW:USA TJW0:Germany LNW:Australia
Address
6601 Bermuda Road, Las Vegas, NV, USA, 89119
Website
https://www.lnw.com
Light & Wonder is principally an electronic gaming machine manufacturer, selling machines to pubs, clubs, and casinos. The firm is licensed in most jurisdictions allowing gambling globally. Light & Wonder is one of the top three largest players in the space along with International Game Technology and Aristocrat Leisure. SciPlay, about a quarter of revenue, develops and distributes casual mobile games, principally in the social casino niche. The more nascent iGaming business sits between these two businesses, providing digital content and capabilities to real-money gaming providers.

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