International Game Technology PLC (IGT) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 25	$0.28	$0.09	-67.9%	—	$583M	—
Q4 24	$0.48	$0.22	-54.2%	—	$652M	—
Q3 24	$0.48	-$0.02	-104.2%	—	$586M	—
Q2 24	$0.48	$0.36	-25.0%	—	$1.1B	—
Q1 24	$0.4	$0.46	+15.0%	—	$1.1B	—
Q4 23	$0.52	$0.56	+7.7%	—	$1.1B	—
Q3 23	$0.48	$0.52	+8.3%	—	$601M	—
Q2 23	$0.49	$0.45	-8.2%	—	$1.1B	—
Q1 23	$0.48	$0.49	+2.1%	—	$1.1B	—
Q4 22	$0.42	$0.4	-4.8%	—	$1.1B	—
Q3 22	$0.42	$0.43	+2.4%	—	$1.1B	—
Q2 22	$0.52	$0.57	+9.6%	—	$1B	—
Q1 22	$0.49	$0.49	0.0%	—	$1.1B	—
Q4 21	$0.4	$0.2	-50.0%	—	$1B	—
Q3 21	$0.24	$0.43	+79.2%	—	$984M	—
Q2 21	$0.23	$0.15	-34.8%	—	$1B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY24	—	$1.73	—	—	$2.5B	—
FY23	—	$0.78	—	—	$4.3B	—
FY22	—	$1.38	—	—	$4.2B	—
FY21	—	$2.35	—	—	$4.1B	—

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24
Revenue	$4.7B	$5.2B	$4.9B	$4B	$4B	$3.1B	$4.1B	$4.2B	$4.3B	$2.5B
YoY change	+23%	+9.91%	-4.17%	-19.4%	+1.28%	-22.7%	+31.2%	+3.33%	+2.01%	-41.7%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24
Revenue	4.7B	5.2B	4.9B	4B	4B	3.1B	4.1B	4.2B	4.3B	2.5B
Cost of revenue	2.9B	3.1B	3.1B	2.3B	2.3B	2B	2.1B	2.2B	2.2B	1.3B
Gross profit	1.8B	2B	1.8B	1.7B	1.7B	1.1B	2B	2B	2.1B	1.2B
Gross margin	37.4%	39.2%	36.6%	43.1%	42.1%	36.5%	47.9%	47.3%	48.9%	46.5%
Research & development	277.4M	343.5M	313.1M	263.3M	266M	191M	238M	255M	234M	45M
Selling, general & administrative	795.3M	945.8M	816.1M	845.5M	850M	707M	810M	814M	834M	393M
Operating expenses	1.1B	1.3B	1.1B	1.1B	1.1B	902M	1B	1.1B	1.1B	443M
Operating income	629.3M	726.1M	662.9M	606.4M	602M	234M	909M	927M	1B	725M
Operating margin	13.4%	14.1%	13.4%	15.2%	14.9%	7.51%	22.2%	21.9%	24.1%	28.9%
Non-operating income, net	-88.2M	58.9M	-1.2B	-55.1M	-63M	-683M	-38M	-49M	-124M	2M
Pretax income	-17M	323.4M	-976.9M	133.9M	128M	-848M	529M	589M	629M	521M
Income tax	38.9M	59.2M	-29.4M	144.2M	131M	28M	274M	175M	322M	250M
Net income	-55.9M	264.2M	-947.5M	114.6M	111M	-838M	670M	414M	307M	509M
Net margin	-1.19%	5.13%	-19.2%	2.88%	2.75%	-26.9%	16.4%	9.8%	7.12%	20.3%
EBITDA	1.3B	1.6B	1.4B	1.4B	1.5B	1B	1.4B	1.4B	1.6B	1.1B
EPS	-0.7	1.05	-5.26	-0.71	-0.09	-4.39	2.35	1.38	0.78	1.73
Diluted EPS	-0.7	1.05	-5.26	-0.71	-0.09	-4.39	0.32	1.37	0.77	1.71

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 22	Q4 22	Q1 23	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25
Revenue	1.1B	1.1B	1.1B	1.1B	601M	1.1B	1.1B	1.1B	586M	652M	583M	630M
Cost of revenue	564M	574M	525M	533M	323M	591M	530M	541M	324M	366M	327M	356M
Gross profit	496M	519M	536M	522M	278M	539M	537M	509M	262M	286M	256M	274M
Gross margin	46.8%	47.5%	50.5%	49.5%	46.3%	47.7%	50.3%	48.5%	44.7%	43.9%	43.9%	43.5%
Research & development	67M	70M	62M	60M	9M	57M	55M	53M	12M	11M	11M	12M
Selling, general & administrative	207M	219M	217M	208M	106M	189M	208M	199M	101M	93M	104M	100M
Operating expenses	282M	554M	279M	268M	115M	246M	263M	252M	115M	106M	118M	115M
Operating income	214M	-35M	257M	254M	163M	293M	274M	257M	147M	180M	138M	159M
Operating margin	20.2%	-3.2%	24.2%	24.1%	27.1%	25.9%	25.7%	24.5%	25.1%	27.6%	23.7%	25.2%
Non-operating income, net	176M	170M	-30M	-6M	33M	-112M	-4M	-27M	-79M	73M	-37M	-122M
Pretax income	315M	70M	155M	176M	142M	110M	198M	156M	15M	206M	56M	-10M
Income tax	21M	101M	87M	86M	65M	83M	69M	71M	61M	89M	48M	50M
Net income	294M	-31M	67M	90M	123M	27M	128M	85M	42M	254M	60M	-20M
Net margin	27.7%	-2.84%	6.31%	8.53%	20.5%	2.39%	12%	8.1%	7.17%	39%	10.3%	-3.17%
EBITDA	378M	144M	436M	440M	162M	531M	455M	516M	250M	280M	240M	269M
EPS	1.31	—	0.12	0.23	0.47	—	0.41	0.21	0.04	1.08	0.13	-0.29
Diluted EPS	1.3	—	0.11	0.23	0.46	—	0.4	0.2	0.04	1.07	0.13	-0.29

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	Current
Market cap	—	5.1B	5.4B	3B	3.1B	3.5B	5.9B	4.6B	5.5B	3.6B	2B
Enterprise value	—	12.8B	12.8B	10.8B	10.8B	11.2B	12.2B	10B	10.8B	8.5B	6.9B
Shares outstanding	192.4M	201.5M	203.1M	204.1M	204.4M	204.7M	205M	201.8M	200M	202M	202M

Valuation

Metric	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	Current
P/E	—	19.5	—	26	27.6	—	8.84	11.1	17.9	7.01	148.1
P/S	—	1	1.09	0.75	0.76	1.11	1.45	1.08	1.27	1.42	0.8
P/B	—	1.5	2.29	1.08	1.23	2.22	3.01	2.31	2.81	1.73	1
EV/EBITDA	—	7.89	8.91	7.75	7.44	10.9	8.46	7	6.84	7.52	6.13
EV/Sales	—	2.48	2.58	2.71	2.68	3.58	2.98	2.37	2.51	3.36	2.74
Earnings yield	—	5.14%	—	3.84%	3.63%	—	11.3%	9.04%	5.6%	14.3%	0.68%
FCF yield	—	-3.96%	-0.64%	-14.8%	23.4%	17.6%	12.5%	12.7%	11.7%	24.7%	17.4%
PEG	—	—	—	—	—	—	—	—	—	—	-0.62

Profitability

Metric	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	Current
Gross margin	37.4%	39.2%	36.6%	43.1%	42.1%	36.5%	47.9%	47.3%	48.9%	46.5%	43.5%
Operating margin	13.4%	14.1%	13.4%	15.2%	14.9%	7.51%	22.2%	21.9%	24.1%	28.9%	29.3%
Net margin	-1.19%	5.13%	-19.2%	2.88%	2.75%	-26.9%	16.4%	9.8%	7.12%	20.3%	46.5%
ROE	-1.66%	7.71%	-40.2%	4.17%	4.47%	-53.7%	34%	20.9%	15.7%	24.7%	16.9%
ROA	-0.37%	1.75%	-6.25%	0.84%	0.81%	-6.45%	5.92%	3.97%	2.93%	4.95%	3.39%
ROIC	5.66%	5.37%	6.81%	0%	0%	2.53%	5.31%	8.78%	6.94%	5.43%	0.61%
Return on tangible assets	0.9%	-3.95%	19%	-2.23%	-3.98%	33.8%	-21.7%	-13.4%	-9.86%	13.2%	5.95%

Financial health

Metric	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	Current
Current ratio	1.24	0.98	0.83	1.14	1.07	1.32	1.3	1.15	1.25	2.29	1.71
Quick ratio	1.1	0.83	0.75	1	1	1.25	1.2	1.01	1.07	2.25	1.68
Debt / equity	2.5	2.31	3.58	2.93	3.39	5.5	3.48	3.05	3.03	2.65	0.03
Debt / assets	0.56	0.53	0.56	0.59	0.62	0.66	0.61	0.58	0.57	0.53	0.59
Net debt / EBITDA	5.94	4.71	5.15	5.61	5.34	7.54	4.35	3.8	3.38	4.35	5.12
Interest coverage	0.96	1.69	-1.18	1.31	1.3	-1.05	2.49	2.95	3.02	3.43	2.3
Effective tax rate	0%	18.3%	0%	100%	100%	0%	51.8%	29.7%	51.2%	48%	92.9%

Per share

Metric	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	Current
Revenue per share	24.4	25.6	24.3	19.5	19.7	15.2	20	20.9	21.6	12.4	12.4
EPS (basic)	-0.7	1.05	-5.26	-0.71	-0.09	-4.39	2.35	1.38	0.78	1.73	1.73
EPS (diluted)	-0.7	1.05	-5.26	-0.71	-0.09	-4.39	0.32	1.37	0.77	1.71	1.71
Book value per share	17.5	17	11.6	13.5	12.2	7.62	9.62	9.81	9.77	10.2	9.91
FCF per share	2.04	-1.01	-0.17	-2.17	3.5	2.98	3.61	2.88	3.21	4.36	4.2
Cash per share	3.4	1.46	5.21	1.23	3.2	4.43	2.88	2.92	2.86	2.89	6.45

Capital allocation

Metric	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	Current
Payout ratio	-374.8%	61%	-17.2%	142.4%	147.7%	-4.89%	6.12%	38.9%	52.1%	31.6%	48.2%
Dividend yield	—	3.13%	3.02%	5.47%	5.36%	1.18%	0.69%	3.52%	2.92%	4.51%	8.09%

Yield

8.09%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.20

ex-dividend Mar 11, 2025

Payout ratio

48%

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Mar 11, 2025	$0.20
Nov 26, 2024	$0.20
Aug 13, 2024	$0.20

Period	Q3 22	Q4 22	Q1 23	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25
Revenue	$1.1B	$1.1B	$1.1B	$1.1B	$601M	$1.1B	$1.1B	$1.1B	$586M	$652M	$583M	$630M
YoY change	+7.72%	+4.19%	+0.95%	+3.33%	-43.3%	+3.39%	+0.57%	-0.47%	-2.5%	-42.3%	-45.4%	-40%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24
Cash & short-term investments	654.2M	294.8M	1.1B	250.7M	654.6M	907M	591M	590M	572M	584M
Receivables	1.1B	1.1B	1.1B	1.1B	1.1B	1.1B	1.1B	811M	832M	468M
Inventory	270M	347.5M	319.5M	282.7M	161.8M	169M	183M	254M	317M	113M
Total current assets	2.5B	2.3B	3.1B	2.3B	2.6B	3.4B	2.5B	2.1B	2.1B	6.2B
Property, plant & equipment	1.1B	1.2B	1.4B	1.4B	1.6B	1.4B	1.3B	1.2B	1.2B	754M
Goodwill & intangibles	21.3B	21.7B	20.1B	18.8B	16.4B	15.5B	14.4B	13.5B	13.6B	6.4B
Total assets	15.1B	15.1B	15.2B	13.6B	13.6B	13B	11.3B	10.4B	10.5B	10.3B
Accounts payable	1.1B	1.2B	1.2B	1.1B	1.1B	1.1B	1B	731M	797M	718M
Short-term debt	160K	77K	599.1M	34.8M	509.3M	437M	91M	98M	56M	232M
Total current liabilities	2B	2.3B	3.7B	2B	2.5B	2.6B	1.9B	1.8B	1.7B	2.7B
Long-term debt	8.4B	7.9B	7.8B	8B	7.9B	8.2B	6.8B	5.9B	5.9B	5.2B
Total liabilities	11.7B	11.6B	12.8B	10.9B	11.2B	11.4B	9.4B	8.5B	8.5B	8.2B
Shareholders' equity	3.4B	3.4B	2.4B	2.8B	2.5B	1.6B	2B	2B	2B	2.1B
Total debt	8.4B	7.9B	8.4B	8.1B	8.4B	8.6B	6.9B	6B	5.9B	5.5B
Net debt	7.8B	7.6B	7.4B	7.8B	7.8B	7.7B	6.3B	5.4B	5.4B	4.9B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 22	Q4 22	Q1 23	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25
Cash & short-term investments	401M	590M	669M	461M	558M	572M	377M	438M	501M	584M	631M	1.3B
Receivables	674M	811M	705M	662M	643M	832M	723M	651M	394M	468M	432M	428M
Inventory	251M	254M	294M	316M	323M	317M	321M	310M	123M	113M	113M	117M
Total current assets	1.9B	2.1B	2.3B	2.1B	2.1B	2.1B	1.9B	2B	6.1B	6.2B	6.2B	7.1B
Property, plant & equipment	1.2B	1.2B	1.3B	1.3B	1.3B	1.2B	1.2B	1.2B	744M	754M	794M	822M
Goodwill & intangibles	11.5B	13.5B	11.7B	12.2B	12.1B	13.6B	12B	12B	6.6B	6.4B	5.5B	5.6B
Total assets	10B	10.4B	10.5B	10.5B	10.5B	10.5B	10.1B	10B	10.3B	10.3B	10.3B	11.2B
Accounts payable	668M	731M	835M	717M	697M	797M	733M	695M	662M	718M	688M	680M
Short-term debt	36M	98M	272M	220M	389M	56M	721M	713M	274M	232M	216M	1.9B
Total current liabilities	1.6B	1.8B	2.2B	1.8B	1.9B	1.7B	2.4B	2.3B	2.6B	2.7B	2.5B	4.1B
Long-term debt	5.7B	5.9B	5.8B	5.8B	5.7B	5.9B	5B	5B	5.5B	5.2B	5.5B	4.8B
Total liabilities	8B	8.5B	8.6B	8.6B	8.5B	8.5B	8.3B	8.2B	8.4B	8.2B	8.3B	9.2B
Shareholders' equity	2.1B	2B	1.9B	1.9B	2B	2B	1.9B	1.9B	1.9B	2.1B	2B	2B
Total debt	5.8B	6B	6B	6.1B	6B	5.9B	5.7B	5.7B	5.8B	5.5B	5.8B	6.6B
Net debt	5.4B	5.4B	5.4B	5.6B	5.5B	5.4B	5.4B	5.3B	5.3B	4.9B	5.1B	5.3B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24
Net income	-55.9M	264.2M	-947.5M	-10.3M	-2M	-802M	1.1B	414M	307M	270M
Depreciation & amortization	779.8M	882.5M	802.4M	824.8M	820M	776M	526M	492M	523M	402M
Stock-based compensation	36.1M	26.3M	4.7M	33.1M	27M	-7M	35M	41M	41M	38M
Change in working capital	-120.7M	-753.2M	-292.3M	-1.1B	84M	128M	-117M	-112M	-248M	21M
Operating cash flow	688.9M	401.4M	-469.1M	-266.6M	901M	-37M	969M	952M	860M	712M
Capital expenditure	—	—	—	—	—	—	—	—	—	—
Investing cash flow	-2.9B	216.5M	993.6M	21.4M	130M	21M	22M	359M	6M	-1M
Dividends paid	-209.6M	-161.2M	-162.5M	-163.2M	-164M	-41M	-41M	-161M	-160M	-161M
Share repurchases	-407.8M	0	—	—	0	0	-41M	-115M	0	0
Financing cash flow	2.9B	-312.1M	-247M	-311.5M	-825M	-438M	-1.9B	-1.1B	-638M	-536M
Net change in cash	679.6M	305.7M	277.5M	-556.8M	206M	-454M	-907M	246M	228M	175M
Free cash flow	393M	-203.9M	-34.6M	-442.7M	716M	611M	740M	582M	641M	881M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 22	Q4 22	Q1 23	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25
Net income	294M	-31M	67M	90M	35M	115M	128M	98M	-45M	115M	8M	-60M
Depreciation & amortization	169M	174M	182M	179M	-48M	210M	176M	256M	102M	101M	102M	107M
Stock-based compensation	12M	7M	11M	12M	6M	12M	11M	13M	13M	7M	7M	5M
Change in working capital	101M	16M	-30M	-322M	342M	-238M	-159M	10M	125M	-3M	-1M	45M
Operating cash flow	525M	176M	265M	-12M	311M	296M	157M	381M	173M	205M	105M	101M
Capital expenditure	—	—	—	—	—	—	—	—	—	—	—	—
Investing cash flow	357M	-12M	3M	0	9M	-6M	1M	7M	—	—	-1M	0
Dividends paid	-40M	-40M	-40M	-40M	-40M	-40M	0	-80M	-41M	-40M	-40M	-41M
Share repurchases	-39M	-22M	0	0	0	0	—	—	—	—	—	—
Financing cash flow	-1.2B	20M	-163M	-140M	-43M	-292M	-262M	-171M	-37M	-70M	54M	527M
Net change in cash	-272M	184M	105M	-152M	277M	-2M	-104M	217M	136M	135M	158M	628M
Free cash flow	163M	187M	217M	-65M	385M	104M	36M	193M	231M	261M	148M	212M

Date	Ratio
Jul 3, 2003	4:1
Mar 18, 1993	2:1
Mar 25, 1992	2:1
Aug 23, 1991	2:1
Jul 16, 1990	2:1

International Game Technology PLC Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history