LNW Market Cap History — Light and Wonder Capitalization Over Time

As of 10/31/2025 Light and Wonder has a market cap of 5.93 billion. Investors often follow the LNW market cap history to compare the size of the company over time.

This page shows LNW market capitalization trends over time, with 16 market cap datapoints presented, dating back to 2/24/2022.

Quick links: Market Cap History Table  |  Market Cap History Chart  |  About Light and Wonder
LNW Market Cap History



Below is a table of the LNW market cap history going back to 2/24/2022:

Date LNW Market Cap
2/24/20225.88B
5/5/20225.28B
8/5/20224.99B
11/4/20225.18B
2/24/20235.52B
5/4/20235.26B
8/4/20236.46B
11/3/20237.06B
2/23/20248.41B
5/3/20248.38B
8/2/20249.10B
11/7/20249.01B
2/18/20258.59B
5/2/20257.74B
8/1/20257.97B
10/31/20255.93B

Also see: LNW Shares Outstanding History
and LNW YTD Return
LNW Historical Market Cap:
+0.22% CAGR
LNW Historical Market Cap: +0.22% CAGR

Mouse over chart for data details
2/24/2022 ...10/31/2025
Light & Wonder, Inc. is a cross-platform global games company with a focus on content and digital markets. Co.'s segments include Gaming, SciPlay and iGaming. The Gaming segment designs, develops, manufactures, markets and distributes a comprehensive portfolio of gaming content, products and services. Co. provides its gaming portfolio of products and services to commercial casinos, Native American casinos, wide-area gaming operators such as licensed betting offices (LBOs), arcade and bingo operators in the United Kingdom and continental Europe, and government agencies and their affiliated operators. We show 16 historical shares outstanding datapoints in our LNW shares outstanding history coverage, used to compute LNW market cap on those dates.

Understanding the changing numbers of shares outstanding, the changing share price, and the resulting changing LNW market cap history over the course of time is important for investors interested in comparing LNW's market cap history versus its peers. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies, and then calculating their respective market caps. Comparing the share price of LNW versus a peer is one thing; comparing LNW market cap versus a peer is a completely different story. Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares), the market cap for a company like LNW can fluctuate over the course of history. With this page we aim to empower investors researching LNW by allowing them to research the LNW market cap history.
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Video: The Importance of Market Cap
Light and Wonder (LNW) is categorized under the Services sector; to help you further research historical market cap numbers, below are some other companies in the same sector:

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