• Light & Wonder average return on tangible equity for 2023 was -40.46, a 38.32% decline from 2022.
• Light & Wonder average return on tangible equity for 2022 was -65.6, a 34426.32% decline from 2021.
• Light & Wonder average return on tangible equity for 2021 was -0.19, a 103.13% increase from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.