
International Game (IGT) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Mar 2025Income Metrics
Revenue
583.0M
Gross Profit
256.0M
43.91%
Operating Income
138.0M
23.67%
Net Income
60.0M
10.29%
EPS (Diluted)
$0.13
Balance Sheet Metrics
Total Assets
10.3B
Total Liabilities
8.3B
Shareholders Equity
2.0B
Debt to Equity
4.18
Cash Flow Metrics
Operating Cash Flow
105.0M
Free Cash Flow
148.0M
Revenue & Profitability Trend
International Game Income Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Revenue | 2.5B | 4.3B | 4.2B | 4.1B | 3.1B |
Cost of Goods Sold | 1.3B | 2.2B | 2.2B | 2.1B | 2.0B |
Gross Profit | 1.2B | 2.1B | 2.0B | 2.0B | 1.1B |
Gross Margin % | 46.5% | 48.9% | 47.3% | 47.9% | 36.5% |
Operating Expenses | |||||
Research & Development | 45.0M | 234.0M | 255.0M | 238.0M | 191.0M |
Selling, General & Administrative | 393.0M | 834.0M | 814.0M | 810.0M | 707.0M |
Other Operating Expenses | 5.0M | - | 4.0M | 1.0M | 4.0M |
Total Operating Expenses | 443.0M | 1.1B | 1.1B | 1.0B | 902.0M |
Operating Income | 725.0M | 1.0B | 927.0M | 909.0M | 234.0M |
Operating Margin % | 28.9% | 24.1% | 21.9% | 22.2% | 7.5% |
Non-Operating Items | |||||
Interest Income | 9.0M | 25.0M | 13.0M | 13.0M | 15.0M |
Interest Expense | 214.0M | 311.0M | 302.0M | 355.0M | 413.0M |
Other Non-Operating Income | 2.0M | -124.0M | -49.0M | -38.0M | -683.0M |
Pre-tax Income | 521.0M | 629.0M | 589.0M | 529.0M | -848.0M |
Income Tax | 250.0M | 322.0M | 175.0M | 274.0M | 28.0M |
Effective Tax Rate % | 48.0% | 51.2% | 29.7% | 51.8% | 0.0% |
Net Income | 509.0M | 307.0M | 414.0M | 670.0M | -838.0M |
Net Margin % | 20.3% | 7.1% | 9.8% | 16.4% | -26.9% |
Key Metrics | |||||
EBITDA | 1.1B | 1.6B | 1.4B | 1.4B | 1.0B |
EPS (Basic) | $1.73 | $0.78 | $1.38 | $2.35 | $-4.39 |
EPS (Diluted) | $1.71 | $0.77 | $1.37 | $0.32 | $-4.39 |
Basic Shares Outstanding | 202000000 | 200000000 | 201825000 | 204954000 | 204725000 |
Diluted Shares Outstanding | 202000000 | 200000000 | 201825000 | 204954000 | 204725000 |
Income Statement Trend
International Game Balance Sheet From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Assets | |||||
Current Assets | |||||
Cash & Equivalents | 584.0M | 572.0M | 590.0M | 591.0M | 907.0M |
Short-term Investments | - | - | - | - | - |
Accounts Receivable | 468.0M | 832.0M | 811.0M | 1.1B | 1.1B |
Inventory | 113.0M | 317.0M | 254.0M | 183.0M | 169.0M |
Other Current Assets | 49.0M | 30.0M | 37.0M | 25.0M | 55.0M |
Total Current Assets | 6.2B | 2.1B | 2.1B | 2.5B | 3.4B |
Non-Current Assets | |||||
Property, Plant & Equipment | 2.2B | 1.2B | 3.0B | 2.8B | 2.9B |
Goodwill | 5.9B | 11.3B | 11.2B | 11.9B | 12.4B |
Intangible Assets | 567.0M | 2.3B | 2.3B | 2.5B | 3.0B |
Long-term Investments | - | - | - | - | - |
Other Non-Current Assets | 130.0M | 275.0M | 270.0M | 266.0M | 295.0M |
Total Non-Current Assets | 4.1B | 8.3B | 8.3B | 8.8B | 9.6B |
Total Assets | 10.3B | 10.5B | 10.4B | 11.3B | 13.0B |
Liabilities | |||||
Current Liabilities | |||||
Accounts Payable | 718.0M | 797.0M | 731.0M | 1.0B | 1.1B |
Short-term Debt | 232.0M | 56.0M | 98.0M | 91.0M | 437.0M |
Current Portion of Long-term Debt | - | - | - | - | - |
Other Current Liabilities | 1.4B | 261.0M | 238.0M | 148.0M | 475.0M |
Total Current Liabilities | 2.7B | 1.7B | 1.8B | 1.9B | 2.6B |
Non-Current Liabilities | |||||
Long-term Debt | 5.2B | 5.9B | 5.9B | 6.8B | 8.2B |
Deferred Tax Liabilities | 208.0M | 389.0M | 305.0M | 415.0M | 381.0M |
Other Non-Current Liabilities | 60.0M | 169.0M | 370.0M | 188.0M | 220.0M |
Total Non-Current Liabilities | 5.5B | 6.8B | 6.6B | 7.4B | 8.8B |
Total Liabilities | 8.2B | 8.5B | 8.5B | 9.4B | 11.4B |
Equity | |||||
Common Stock | 21.0M | 21.0M | 21.0M | 21.0M | 20.0M |
Retained Earnings | -660.0M | -1.0B | -1.2B | -1.4B | -1.9B |
Treasury Stock | 156.0M | 156.0M | 156.0M | 41.0M | 0 |
Other Equity | - | - | - | - | - |
Total Shareholders Equity | 2.1B | 2.0B | 2.0B | 2.0B | 1.6B |
Key Metrics | |||||
Total Debt | 5.5B | 5.9B | 6.0B | 6.9B | 8.6B |
Working Capital | 3.5B | 430.0M | 280.0M | 573.0M | 824.0M |
Balance Sheet Composition
International Game Cash Flow Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Operating Activities | |||||
Net Income | 270.0M | 307.0M | 414.0M | 1.1B | -802.0M |
Depreciation & Amortization | 402.0M | 523.0M | 492.0M | 526.0M | 776.0M |
Stock-Based Compensation | 38.0M | 41.0M | 41.0M | 35.0M | -7.0M |
Working Capital Changes | 21.0M | -248.0M | -112.0M | -117.0M | 128.0M |
Operating Cash Flow | 712.0M | 860.0M | 952.0M | 969.0M | -37.0M |
Investing Activities | |||||
Capital Expenditures | - | - | - | - | - |
Acquisitions | 0 | 0 | 334.0M | 0 | 0 |
Investment Purchases | - | - | - | - | - |
Investment Sales | - | - | - | - | - |
Investing Cash Flow | -1.0M | 6.0M | 359.0M | 22.0M | 21.0M |
Financing Activities | |||||
Share Repurchases | 0 | 0 | -115.0M | -41.0M | 0 |
Dividends Paid | -161.0M | -160.0M | -161.0M | -41.0M | -41.0M |
Debt Issuance | 556.0M | 0 | 0 | 1.3B | 750.0M |
Debt Repayment | -675.0M | -804.0M | -606.0M | -2.9B | -984.0M |
Financing Cash Flow | -536.0M | -638.0M | -1.1B | -1.9B | -438.0M |
Free Cash Flow | 881.0M | 641.0M | 582.0M | 740.0M | 611.0M |
Net Change in Cash | 175.0M | 228.0M | 246.0M | -907.0M | -454.0M |
Cash Flow Trend
International Game Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
148.09
Forward P/E
16.29
Price to Book
2.00
Price to Sales
1.36
PEG Ratio
-0.62
Profitability Ratios
Profit Margin
13.64%
Operating Margin
24.18%
Return on Equity
1.87%
Return on Assets
3.98%
Financial Health
Current Ratio
2.48
Debt to Equity
290.93
Beta
1.52
Per Share Data
EPS (TTM)
$0.11
Book Value per Share
$8.13
Revenue per Share
$12.02
Peer Financial Comparison
Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
---|---|---|---|---|---|---|
igt | 3.3B | 148.09 | 2.00 | 1.87% | 13.64% | 290.93 |
Flutter | 51.7B | 142.72 | 5.08 | 3.43% | 2.46% | 85.21 |
DraftKings | 22.3B | -42.88 | 22.08 | -26.38% | -5.63% | 189.17 |
Light & Wonder | 7.4B | 22.33 | 10.55 | 46.91% | 10.92% | 698.72 |
Churchill Downs | 7.2B | 17.72 | 6.91 | 41.05% | 15.22% | 478.73 |
Super Group (SGHC | 5.7B | 43.52 | 8.84 | 21.38% | 7.03% | 11.53 |
Financial data is updated regularly. All figures are in the company's reporting currency.