BRSLNYSEServices-Miscellaneous Amusement & RecreationFiscal year ends December 31
Brightstar Lottery PLC
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Feb 24, 2026
$9.43−0.07 (-0.74%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- 12.7
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2012 to 2025
Gross margin
–
Operating margin
–
Net margin
5.9%+34.7 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -0.0% | -1.1% | -4.2% | -6.1% | |
| Net income | -57.8% | -18.8% | – | – | |
| EPS, diluted | -56.7% | -18.2% | – | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 6.9% | -73.7% | 11.6% | |
| Return on assets | 1.4% | -6.7% | 1.5% | |
| Current ratio | 0.98 | 1.32 | 0.76 | |
| Debt to equity | 2.56 | 10.62 | 4.77 | |
| Net debt to EBITDA | 4.75× | 15.56× | – | |
| Interest coverage | 1.4× | -0.3× | – | |
| Inventory turnover | 1.9× | – | – | |
| Capex to revenue | 10.5% | 8.2% | 12.6% | |
| Diluted shares | 202M | 205M | 197M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Brightstar Lottery generated $4.04B from operations and spent $2.73B on capital expenditure, dividends and share buybacks. 37% of that went back into the business.
Generated
$4.04B
Used
$2.73B
Capital expenditure$1.01B37%Dividends$1.29B47%Share buybacks$427.00M16%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin5.9%
×Asset turnover0.26×
×Equity multiplier7.69×
=Return on equity, FY202511.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 5.9% | 0.26× | 7.69× | 11.6% |
| FY2024 | 13.9% | 0.24× | 6.70× | 22.5% |
| FY2023 | 6.2% | 0.24× | 7.28× | 10.9% |
| FY2022 | 10.6% | 0.24× | 8.02× | 20.3% |
| FY2021 | 11.8% | 0.34× | 11.81× | 46.8% |
| FY2020 | -28.8% | 0.23× | 10.94× | -73.7% |
| FY2019 | -0.5% | 0.30× | 7.87× | -1.1% |
| FY2018 | -0.5% | 0.28× | 7.56× | -1.1% |
| FY2017 | -21.6% | 0.33× | 5.96× | -42.1% |
| FY2016 | 4.1% | 0.34× | 4.96× | 6.9% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$147.00M
- Cash generatingOperating cash flow above zero-$99.00M
- Return on assets improvedROA up on the prior year3.3% → 1.4%
- Earnings backed by cashOperating cash flow above net income-$99.00M vs $147.00M
- Less leverageLong-term debt to assets fell50.1% → 44.3%
- Better liquidityCurrent ratio rose2.29 → 0.76
- No dilutionShare count did not rise204M → 197M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.24 → 0.24