Brightstar Lottery PLC (BRSL) - Net Assets
Based on the latest financial reports, Brightstar Lottery PLC (BRSL) has net assets worth $2.11 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($9.46 Billion) and total liabilities ($7.36 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Brightstar Lottery PLC (BRSL) strategic asset index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.11 Billion |
| % of Total Assets | 22.28% |
| Annual Growth Rate | 0.37% |
| 5-Year Change | -19.33% |
| 10-Year Change | N/A |
| Growth Volatility | 15.69 |
Brightstar Lottery PLC - Net Assets Trend (2020–2025)
This chart illustrates how Brightstar Lottery PLC's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Brightstar Lottery PLC market capitalisation.
Annual Net Assets for Brightstar Lottery PLC (2020–2025)
The table below shows the annual net assets of Brightstar Lottery PLC from 2020 to 2025. Also explore BRSL shareholders equity momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.59 Billion | -22.85% |
| 2024-12-31 | $2.06 Billion | +5.53% |
| 2023-12-31 | $1.95 Billion | -1.31% |
| 2022-12-31 | $1.98 Billion | +0.41% |
| 2021-12-31 | $1.97 Billion | +26.25% |
| 2020-12-31 | $1.56 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Brightstar Lottery PLC's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 140748400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $875.00 Million | 100.00% |
| Other Components | $513.00 Million | 58.63% |
| Total Equity | $875.00 Million | 100.00% |
Brightstar Lottery PLC Competitors by Market Cap
The table below lists competitors of Brightstar Lottery PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beijing Hualian Hypermarket Co Ltd
SHG:600361
|
$1.93 Billion |
|
Grupo Aval
NYSE:AVAL
|
$1.93 Billion |
|
Archi Indonesia Tbk PT
JK:ARCI
|
$1.93 Billion |
|
Iluka Resources Limited
F:ILZ
|
$1.93 Billion |
|
Devyani International Limited
NSE:DEVYANI
|
$1.93 Billion |
|
Netmarble Games Corp
KO:251270
|
$1.93 Billion |
|
Jinko Power Technology Co Ltd
SHG:601778
|
$1.93 Billion |
|
DRDGOLD Limited
JSE:DRD
|
$1.93 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Brightstar Lottery PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,652,000,000 to 875,000,000, a change of -777,000,000 (-47.0%).
- Net income of 147,000,000 contributed positively to equity growth.
- Dividend payments of 770,000,000 reduced retained earnings.
- Share repurchases of 271,000,000 reduced equity.
- Other comprehensive income decreased equity by 516,000,000.
- Other factors increased equity by 633,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $147.00 Million | +16.8% |
| Dividends Paid | $770.00 Million | -88.0% |
| Share Repurchases | $271.00 Million | -30.97% |
| Other Comprehensive Income | $-516.00 Million | -58.97% |
| Other Changes | $633.00 Million | +72.34% |
| Total Change | $- | -47.03% |
Book Value vs Market Value Analysis
This analysis compares Brightstar Lottery PLC's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.35x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.75x to 2.35x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $3.79 | $10.42 | x |
| 2021-12-31 | $6.20 | $10.42 | x |
| 2022-12-31 | $7.03 | $10.42 | x |
| 2023-12-31 | $7.11 | $10.42 | x |
| 2024-12-31 | $8.10 | $10.42 | x |
| 2025-12-31 | $4.44 | $10.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Brightstar Lottery PLC utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 16.80%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.85%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 10.47x
- Recent ROE (16.80%) is above the historical average (-1.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -115.60% | -28.82% | 0.24x | 16.73x | $-975.56 Million |
| 2021 | 37.60% | 11.79% | 0.36x | 8.83x | $353.80 Million |
| 2022 | 19.24% | 10.59% | 0.25x | 7.30x | $132.10 Million |
| 2023 | 10.81% | 6.17% | 0.24x | 7.25x | $11.70 Million |
| 2024 | 21.07% | 13.85% | 0.24x | 6.22x | $182.80 Million |
| 2025 | 16.80% | 5.85% | 0.27x | 10.47x | $59.50 Million |
Industry Comparison
This section compares Brightstar Lottery PLC's net assets metrics with peer companies in the Gambling industry.
Industry Context
- Industry: Gambling
- Average net assets among peers: $53,139,198
- Average return on equity (ROE) among peers: -21.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Brightstar Lottery PLC (BRSL) | $2.11 Billion | -115.60% | 3.49x | $1.93 Billion |
| Accel Entertainment Inc (ACEL) | $-43.01 Million | 0.00% | 0.00x | $910.79 Million |
| PlayAGS Inc (AGS) | $133.78 Million | -8.61% | 4.70x | $518.40 Million |
| Codere Online US Corp (CDRO) | $24.55 Million | -188.95% | 1.82x | $409.23 Million |
| Churchill Downs Incorporated (CHDN) | $138.10 Million | 10.86% | 1.88x | $5.54 Billion |
| DraftKings Inc (DKNG) | $-49.58 Million | 0.00% | 0.00x | $10.82 Billion |
| Everi Holdings Inc (EVRI) | $138.43 Million | 17.12% | 2.90x | $1.24 Billion |
| Gambling.com Group Ltd (GAMB) | $12.49 Million | 51.28% | 2.16x | $11.77 Million |
| Gan Ltd (GAN) | $15.53 Million | -47.67% | 0.31x | $91.53 Million |
| Grandstand Limited (GRSD) | $107.95 Million | -30.50% | 1.78x | $56.24 Million |
About Brightstar Lottery PLC
Brightstar Lottery PLC provides lottery solutions in the United States, Italy, rest of Europe, and internationally. The company designs, sells, operates, and leases a suite of point-of-sale machines that reconciles lottery funds between the retailer and the lottery authority; operates and provides lottery transaction processing systems; produces instant ticket games; and offers printing services,… Read more