TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income 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

Metric20242023202220212020
Revenue i2.5B4.3B4.2B4.1B3.1B
Cost of Goods Sold i1.3B2.2B2.2B2.1B2.0B
Gross Profit i1.2B2.1B2.0B2.0B1.1B
Gross Margin % i46.5%48.9%47.3%47.9%36.5%
Operating Expenses
Research & Development i45.0M234.0M255.0M238.0M191.0M
Selling, General & Administrative i393.0M834.0M814.0M810.0M707.0M
Other Operating Expenses i5.0M-4.0M1.0M4.0M
Total Operating Expenses i443.0M1.1B1.1B1.0B902.0M
Operating Income i725.0M1.0B927.0M909.0M234.0M
Operating Margin % i28.9%24.1%21.9%22.2%7.5%
Non-Operating Items
Interest Income i9.0M25.0M13.0M13.0M15.0M
Interest Expense i214.0M311.0M302.0M355.0M413.0M
Other Non-Operating Income2.0M-124.0M-49.0M-38.0M-683.0M
Pre-tax Income i521.0M629.0M589.0M529.0M-848.0M
Income Tax i250.0M322.0M175.0M274.0M28.0M
Effective Tax Rate % i48.0%51.2%29.7%51.8%0.0%
Net Income i509.0M307.0M414.0M670.0M-838.0M
Net Margin % i20.3%7.1%9.8%16.4%-26.9%
Key Metrics
EBITDA i1.1B1.6B1.4B1.4B1.0B
EPS (Basic) i$1.73$0.78$1.38$2.35$-4.39
EPS (Diluted) i$1.71$0.77$1.37$0.32$-4.39
Basic Shares Outstanding i202000000200000000201825000204954000204725000
Diluted Shares Outstanding i202000000200000000201825000204954000204725000

Income Statement Trend

International Game Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i584.0M572.0M590.0M591.0M907.0M
Short-term Investments i-----
Accounts Receivable i468.0M832.0M811.0M1.1B1.1B
Inventory i113.0M317.0M254.0M183.0M169.0M
Other Current Assets49.0M30.0M37.0M25.0M55.0M
Total Current Assets i6.2B2.1B2.1B2.5B3.4B
Non-Current Assets
Property, Plant & Equipment i2.2B1.2B3.0B2.8B2.9B
Goodwill i5.9B11.3B11.2B11.9B12.4B
Intangible Assets i567.0M2.3B2.3B2.5B3.0B
Long-term Investments-----
Other Non-Current Assets130.0M275.0M270.0M266.0M295.0M
Total Non-Current Assets i4.1B8.3B8.3B8.8B9.6B
Total Assets i10.3B10.5B10.4B11.3B13.0B
Liabilities
Current Liabilities
Accounts Payable i718.0M797.0M731.0M1.0B1.1B
Short-term Debt i232.0M56.0M98.0M91.0M437.0M
Current Portion of Long-term Debt-----
Other Current Liabilities1.4B261.0M238.0M148.0M475.0M
Total Current Liabilities i2.7B1.7B1.8B1.9B2.6B
Non-Current Liabilities
Long-term Debt i5.2B5.9B5.9B6.8B8.2B
Deferred Tax Liabilities i208.0M389.0M305.0M415.0M381.0M
Other Non-Current Liabilities60.0M169.0M370.0M188.0M220.0M
Total Non-Current Liabilities i5.5B6.8B6.6B7.4B8.8B
Total Liabilities i8.2B8.5B8.5B9.4B11.4B
Equity
Common Stock i21.0M21.0M21.0M21.0M20.0M
Retained Earnings i-660.0M-1.0B-1.2B-1.4B-1.9B
Treasury Stock i156.0M156.0M156.0M41.0M0
Other Equity-----
Total Shareholders Equity i2.1B2.0B2.0B2.0B1.6B
Key Metrics
Total Debt i5.5B5.9B6.0B6.9B8.6B
Working Capital i3.5B430.0M280.0M573.0M824.0M

Balance Sheet Composition

International Game Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i270.0M307.0M414.0M1.1B-802.0M
Depreciation & Amortization i402.0M523.0M492.0M526.0M776.0M
Stock-Based Compensation i38.0M41.0M41.0M35.0M-7.0M
Working Capital Changes i21.0M-248.0M-112.0M-117.0M128.0M
Operating Cash Flow i712.0M860.0M952.0M969.0M-37.0M
Investing Activities
Capital Expenditures i-----
Acquisitions i00334.0M00
Investment Purchases i-----
Investment Sales i-----
Investing Cash Flow i-1.0M6.0M359.0M22.0M21.0M
Financing Activities
Share Repurchases i00-115.0M-41.0M0
Dividends Paid i-161.0M-160.0M-161.0M-41.0M-41.0M
Debt Issuance i556.0M001.3B750.0M
Debt Repayment i-675.0M-804.0M-606.0M-2.9B-984.0M
Financing Cash Flow i-536.0M-638.0M-1.1B-1.9B-438.0M
Free Cash Flow i881.0M641.0M582.0M740.0M611.0M
Net Change in Cash i175.0M228.0M246.0M-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

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
igt3.3B148.092.001.87%13.64%290.93
Flutter 51.7B142.725.083.43%2.46%85.21
DraftKings 22.3B-42.8822.08-26.38%-5.63%189.17
Light & Wonder 7.4B22.3310.5546.91%10.92%698.72
Churchill Downs 7.2B17.726.9141.05%15.22%478.73
Super Group (SGHC 5.7B43.528.8421.38%7.03%11.53

Financial data is updated regularly. All figures are in the company's reporting currency.