Light & Wonder Inc (LNW) — Cash Flow Reinvestment Rate
Light & Wonder Inc (LNW) has a Cash Flow Reinvestment Rate of 0.86x as of September 2025, reinvesting $158.00 Million (capex $79.00 Million plus investments $-79.00 Million) from operating cash flow of $184.00 Million. See LNW free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Light & Wonder Inc Cash Flow Reinvestment Rate (1989–2024)
Historical reinvestment intensity for Light & Wonder Inc across 35 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Light & Wonder Inc.
Annual Cash Flow Reinvestment Rate for Light & Wonder Inc (1989–2024)
Year-by-year capital reinvestment analysis for Light & Wonder Inc. See Light & Wonder Inc leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.87x | $552.00 Million | $632.00 Million | $294.00 Million | ▲ +4.5% |
| 2023 | 0.84x | $493.00 Million | $590.00 Million | $242.00 Million | ▲ +229.0% |
| 2021 | 0.25x | $174.00 Million | $685.00 Million | $171.00 Million | ▼ -14.5% |
| 2020 | 0.30x | $140.00 Million | $471.00 Million | $137.00 Million | ▼ -43.8% |
| 2019 | 0.53x | $289.00 Million | $546.00 Million | $285.00 Million | ▼ -66.1% |
| 2018 | 1.56x | $540.80 Million | $346.10 Million | $390.80 Million | ▲ +169.8% |
| 2017 | 0.58x | $293.70 Million | $507.10 Million | $293.70 Million | ▼ -11.1% |
| 2016 | 0.65x | $272.90 Million | $419.00 Million | $272.90 Million | ▼ -16.6% |
| 2015 | 0.78x | $323.60 Million | $414.20 Million | $323.60 Million | ▼ -33.3% |
| 2014 | 1.17x | $238.30 Million | $203.50 Million | $238.30 Million | ▲ +20.9% |
| 2013 | 0.97x | $165.80 Million | $171.20 Million | $165.80 Million | ▲ +36.4% |
| 2012 | 0.71x | $111.33 Million | $156.75 Million | $111.33 Million | ▲ +32.2% |
| 2011 | 0.54x | $91.88 Million | $171.08 Million | $91.88 Million | ▼ -15.7% |
| 2010 | 0.64x | $108.65 Million | $170.57 Million | $108.65 Million | ▲ +25.6% |
| 2009 | 0.51x | $111.58 Million | $220.08 Million | $111.58 Million | ▼ -54.0% |
| 2008 | 1.10x | $229.92 Million | $208.50 Million | $229.92 Million | ▼ -5.0% |
| 2007 | 1.16x | $216.34 Million | $186.35 Million | $216.34 Million | ▼ -21.1% |
| 2006 | 1.47x | $189.12 Million | $128.53 Million | $189.12 Million | ▲ +106.4% |
| 2005 | 0.71x | $143.17 Million | $200.85 Million | $143.17 Million | ▲ +9.1% |
| 2004 | 0.65x | $80.43 Million | $123.12 Million | $80.43 Million | ▲ +111.0% |
| 2003 | 0.31x | $35.61 Million | $115.00 Million | $35.61 Million | ▲ +36.2% |
| 2002 | 0.23x | $15.88 Million | $69.85 Million | $15.88 Million | ▼ -69.5% |
| 2001 | 0.74x | $46.49 Million | $62.41 Million | $46.49 Million | ▲ +208.7% |
| 2000 | 0.24x | $6.13 Million | $25.41 Million | $6.13 Million | ▲ +204.5% |
| 1999 | 0.08x | $2.10 Million | $26.50 Million | $2.10 Million | ▼ -76.8% |
| 1998 | 0.34x | $2.80 Million | $8.20 Million | $2.80 Million | ▲ +7.9% |
| 1997 | 0.32x | $7.50 Million | $23.70 Million | $7.50 Million | ▲ +124.5% |
| 1996 | 0.14x | $2.10 Million | $14.90 Million | $2.10 Million | ▼ -93.8% |
| 1995 | 2.26x | $18.10 Million | $8.00 Million | $18.10 Million | ▼ -25.7% |
| 1994 | 3.05x | $19.50 Million | $6.40 Million | $19.50 Million | ▲ +1786.2% |
| 1993 | 0.16x | $2.10 Million | $13.00 Million | $2.10 Million | ▼ -83.6% |
| 1992 | 0.98x | $5.60 Million | $5.70 Million | $5.60 Million | ▲ +109.1% |
| 1991 | 0.47x | $3.90 Million | $8.30 Million | $3.90 Million | ▼ -46.7% |
| 1990 | 0.88x | $12.00 Million | $13.60 Million | $12.00 Million | ▼ -0.9% |
| 1989 | 0.89x | $5.70 Million | $6.40 Million | $5.70 Million | — |