International Game Technology Plc - Understand $igt stock

$IGT Market Cap: $4.022 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$3.833B

TTM

Gross Margin

47.79%

TTM

Net Earnings

$124.0M

TTM

Current Assets

$6.056B

Q3 2024

Current Liabilities

$2.563B

Q3 2024

Current Ratio

236.29%

Q3 2024

Total Assets

$10.25B

Q3 2024

Total Liabilities

$8.770B

Q3 2024

Book Value

$1.482B

Q3 2024

Cash

$501.0M

Q3 2024

P/E

32.43

Nov 29, 2024 EST

Free Cash Flow

$921.0M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Revenue	$4.310B	$4.225B	$4.089B	$3.116B	$4.032B	$3.981B	$4.939B	$5.154B	$4.689B	$3.812B	$3.830B	$3.953B	$4.136B	$3.065B	$3.027B	$3.013B	$2.275B	$1.179B	$724.2M	$727.7M
YoY Change	2.01%	3.33%	31.25%	-22.73%	1.28%	-19.4%	-4.17%	9.91%	23.0%	-0.45%	-3.11%	-4.43%	34.96%	1.23%	0.49%	32.46%	92.97%	62.76%	-0.48%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Revenue	$4.310B	$4.225B	$4.089B	$3.116B	$4.032B	$3.981B	$4.939B	$5.154B	$4.689B	$3.812B	$3.830B	$3.953B	$4.136B	$3.065B	$3.027B	$3.013B	$2.275B	$1.179B	$724.2M	$727.7M
Cost Of Revenue	$2.203B	$2.225B	$2.131B	$1.980B	$2.335B	$2.263B	$3.133B	$3.136B	$2.938B	$2.515B	$2.597B	$558.6M	$2.112B	$1.411B	$1.356B	$1.311B	$842.4M	$487.4M	$306.3M	$36.40M
Gross Profit	$2.107B	$2.000B	$1.958B	$1.136B	$1.697B	$1.718B	$1.806B	$2.018B	$1.751B	$1.298B	$1.233B	$3.394B	$2.024B	$1.654B	$1.671B	$1.702B	$1.432B	$691.3M	$417.9M	$691.3M
Gross Profit Margin	48.89%	47.34%	47.88%	36.46%	42.08%	43.15%	36.57%	39.16%	37.35%	34.04%	32.19%	85.87%	48.93%	53.97%	55.21%	56.48%	62.96%	58.65%	57.71%	95.0%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Selling, General & Admin	$834.0M	$814.0M	$810.0M	$706.9M	$849.6M	$845.5M	$816.1M	$945.8M	$795.3M	$413.0M	$402.3M	$984.7M	$683.1M	$596.4M	$595.7M	$600.7M	$505.6M	$244.7M	$89.80M	$354.5M
YoY Change	2.46%	0.49%	14.58%	-16.8%	0.48%	3.6%	-13.71%	18.92%	92.57%	2.66%	-59.14%	44.15%	14.54%	0.12%	-0.83%	18.81%	106.62%	172.49%	-74.67%
% of Gross Profit	39.58%	40.7%	41.37%	62.24%	50.08%	49.23%	45.18%	46.87%	45.41%	31.82%	32.64%	29.01%	33.76%	36.06%	35.64%	35.3%	35.3%	35.4%	21.49%	51.28%
Research & Development	$234.0M	$255.0M	$238.0M	$190.9M	$266.2M	$263.3M	$313.1M	$343.5M	$277.4M	$108.2M	$104.8M
YoY Change	-8.24%	7.14%	24.67%	-28.29%	1.1%	-15.91%	-8.85%	23.83%	156.38%	3.24%
% of Gross Profit	11.11%	12.75%	12.16%	16.81%	15.69%	15.33%	17.33%	17.02%	15.84%	8.34%	8.5%
Depreciation & Amortization	$523.0M	$492.0M	$526.0M	$566.2M	$713.5M	$705.5M	$802.5M	$882.4M	$779.9M	$472.5M	$465.6M	$560.2M	$596.1M	$482.2M	$460.5M	$456.1M	$374.5M	$171.5M	$64.20M	$68.30M
YoY Change	6.3%	-6.46%	-7.1%	-20.64%	1.13%	-12.09%	-9.05%	13.14%	65.06%	1.48%	-16.89%	-6.02%	23.62%	4.71%	0.96%	21.79%	118.37%	167.13%	-6.0%
% of Gross Profit	24.82%	24.6%	26.86%	49.85%	42.06%	41.07%	44.43%	43.72%	44.53%	36.41%	37.77%	16.51%	29.46%	29.16%	27.55%	26.81%	26.15%	24.81%	15.36%	9.88%
Operating Expenses	$3.309B	$3.303B	$1.050B	$902.2M	$1.122B	$1.111B	$1.129B	$1.289B	$1.073B	$521.2M	$507.1M	$2.631B	$1.279B	$1.079B	$726.9M	$726.6M	$879.7M	$416.0M	$154.0M	$482.2M
YoY Change	0.18%	214.57%	16.38%	-19.62%	1.01%	-1.59%	-12.42%	20.21%	105.79%	2.78%	-80.73%	105.65%	18.61%	48.38%	0.04%	-17.4%	111.47%	170.13%	-68.06%
Operating Profit	$1.001B	$922.0M	$908.0M	$233.6M	$574.1M	$606.4M	$677.2M	$728.7M	$678.8M	$776.6M	$725.5M	$763.2M	$744.4M	$575.3M	$944.4M	$974.9M	$552.4M	$275.3M	$263.9M	$209.1M
YoY Change	8.57%	1.54%	288.7%	-59.31%	-5.33%	-10.45%	-7.07%	7.35%	-12.59%	7.04%	-4.94%	2.53%	29.39%	-39.08%	-3.13%	76.48%	100.65%	4.32%	26.21%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Interest Expense	$285.0M	$289.0M	-$269.0M	-$701.8M	-$371.0M	-$288.3M	-$888.6M	-$355.4M	-$434.5M	-$263.4M	-$216.5M	-$196.8M	-$221.2M	-$279.1M	-$230.5M	-$231.3M	-$292.8M	-$236.4M	-$13.50M
YoY Change	-1.38%	-207.43%	-61.67%	89.16%	28.69%	-67.56%	150.03%	-18.2%	64.96%	21.66%	10.01%	-11.03%	-20.75%	21.08%	-0.35%	-21.0%	23.86%	1651.11%
% of Operating Profit	28.47%	31.34%	-29.63%	-300.43%	-64.62%	-47.54%	-131.22%	-48.77%	-64.01%	-33.92%	-29.84%	-25.79%	-29.72%	-48.51%	-24.41%	-23.73%	-53.01%	-85.87%	-5.12%
Other Income/Expense, Net	-$12.00M	-$7.000M	-$80.00M	-$5.100M	$33.00M	$3.000M	-$11.50M	$18.40M	-$122.5M	-$111.5M	-$8.100M	-$7.800M	-$20.10M	-$81.70M	-$17.40M	$5.100M	$21.00M	$3.500M	-$6.500M	-$42.10M
YoY Change	71.43%	-91.25%	1468.63%	-115.45%	1000.0%	-126.09%	-162.5%	-115.02%	9.87%	1276.54%	3.85%	-61.19%	-75.4%	369.54%	-441.18%	-75.71%	500.0%	-153.85%	-84.56%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Pretax Income	$629.0M	$589.0M	$529.0M	-$847.7M	$128.0M	$133.9M	-$976.9M	$323.4M	-$17.00M	$340.2M	$459.4M	$544.9M	$508.8M	$150.3M	$261.7M	$271.3M	$268.9M	$42.40M	$243.9M	$167.0M
YoY Change	6.79%	11.34%	-162.4%	-762.27%	-4.41%	-113.71%	-402.07%	-2002.35%	-105.0%	-25.95%	-15.69%	7.1%	238.52%	-42.57%	-3.54%	0.89%	534.2%	-82.62%	46.05%
Income Tax	$322.0M	$175.0M	$274.0M	$27.70M	$130.8M	$155.0M	$84.80M	$59.20M	$38.90M	$240.4M	$226.0M	$204.1M	$222.7M	$90.30M	$105.5M	$69.60M	$123.8M	$41.30M	$101.9M	$83.60M
% Of Pretax Income	51.19%	29.71%	51.8%		102.19%	115.76%		18.31%		70.66%	49.19%	37.46%	43.77%	60.08%	40.31%	25.65%	46.04%	97.41%	41.78%	50.06%
Net Earnings	$156.0M	$275.0M	$482.0M	-$897.9M	-$19.00M	-$21.40M	-$1.069B	$211.3M	-$75.60M	$86.20M	$201.6M	$299.6M	$240.8M	$700.0K	$94.80M	$137.2M	$101.4M	-$8.300M	$139.7M	$84.80M
YoY Change	-43.27%	-42.95%	-153.68%	4625.79%	-11.21%	-98.0%	-605.73%	-379.5%	-187.7%	-57.24%	-32.71%	24.42%	34300.0%	-99.26%	-30.9%	35.31%	-1321.69%	-105.94%	64.74%
Net Earnings / Revenue	3.62%	6.51%	11.79%	-28.82%	-0.47%	-0.54%	-21.64%	4.1%	-1.61%	2.26%	5.26%	7.58%	5.82%	0.02%	3.13%	4.55%	4.46%	-0.7%	19.29%	11.65%
Basic Earnings Per Share	$0.78	$1.36	$2.35	-$4.39
Diluted Earnings Per Share	$0.77	$1.35	$2.331M	-$4.386M	-$92.95K	-$104.9K	-$5.261M	$1.045M	-$392.9K	$494.0K	$1.161M	$1.739M	$1.399M	$4.084K	$618.0K	$893.2K	$656.7K	-$64.89K	$1.362M	$842.9K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Cash & Short-Term Investments	$572.0M	$590.0M	$591.0M	$907.0M	$663.0M	$251.0M	$1.057B	$294.0M	$627.0M	$317.0M	$593.0M	$613.0M	$268.0M	$213.0M	$679.0M	$181.0M	$662.0M	$528.0M	$329.0M	$225.0M
YoY Change	-3.05%	-0.17%	-34.84%	36.8%	164.14%	-76.25%	259.52%	-53.11%	97.79%	-46.54%	-3.26%	128.73%	25.82%	-68.63%	275.14%	-72.66%	25.38%	60.49%	46.22%
Cash & Equivalents	$572.0M	$590.0M	$591.0M	$907.0M	$663.0M	$251.0M	$1.057B	$294.0M	$627.0M	$317.0M	$573.0M	$601.0M	$246.0M	$203.0M	$672.0M	$153.0M	$633.0M	$523.0M	$291.0M	$128.0M
Short-Term Investments											$17.00M	$12.00M	$21.00M	$9.000M	$7.000M	$28.00M	$29.00M	$4.000M	$38.00M	$98.00M
Other Short-Term Assets	$549.0M	$491.0M	$511.0M	$1.364B	$579.0M	$585.0M	$590.0M	$567.0M	$491.0M	$228.0M	$239.0M	$224.0M	$121.0M	$86.00M	$88.00M	$91.00M	$73.00M	$68.00M	$11.00M	$154.0M
YoY Change	11.81%	-3.91%	-62.54%	135.58%	-1.03%	-0.85%	4.06%	15.48%	115.35%	-4.6%	6.7%	85.12%	40.7%	-2.27%	-3.3%	24.66%	7.35%	518.18%	-92.86%
Inventory	$317.0M	$254.0M	$183.0M	$169.0M	$162.0M	$283.0M	$320.0M	$347.0M	$270.0M	$185.0M	$201.0M	$217.0M	$188.0M	$221.0M	$192.0M	$181.0M	$156.0M	$100.0M	$17.00M	$14.00M
Prepaid Expenses
Receivables	$685.0M	$739.0M	$952.0M	$900.0M	$1.054B	$1.008B	$938.0M	$947.0M	$960.0M	$920.0M	$1.243B	$1.069B	$867.0M	$953.0M	$1.134B	$1.081B	$1.014B	$776.0M	$345.0M	$80.00M
Other Receivables	$0.00	$57.00M	$250.0M	$99.00M	$177.0M	$160.0M	$160.0M	$134.0M	$138.0M	$103.0M	$28.00M	$40.00M	$17.00M	$13.00M	$11.00M	$8.000M	$3.000M	$16.00M	$1.000M	$41.00M
Total Short-Term Assets	$2.123B	$2.131B	$2.487B	$3.440B	$2.634B	$2.287B	$3.065B	$2.290B	$2.485B	$1.753B	$2.304B	$2.163B	$1.461B	$1.485B	$2.104B	$1.543B	$1.908B	$1.488B	$704.0M	$515.0M
YoY Change	-0.38%	-14.31%	-27.7%	30.6%	15.17%	-25.38%	33.84%	-7.85%	41.76%	-23.91%	6.52%	48.05%	-1.62%	-29.42%	36.36%	-19.13%	28.23%	111.36%	36.7%
Property, Plant & Equipment	$1.277B	$1.294B	$1.368B	$1.521B	$1.831B	$1.590B	$1.628B	$1.558B	$1.477B	$1.210B	$1.341B	$1.360B	$1.397B	$1.309B	$1.226B	$1.181B	$1.172B	$1.204B	$187.0M	$159.0M
YoY Change	-1.31%	-5.41%	-10.06%	-16.93%	15.16%	-2.33%	4.49%	5.48%	22.07%	-9.77%	-1.4%	-2.65%	6.72%	6.77%	3.81%	0.77%	-2.66%	543.85%	17.61%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments											$77.00M	$44.00M	$19.00M	$21.00M	$21.00M	$9.000M	$13.00M	$43.00M	$1.000M	$1.000M
YoY Change											75.0%	131.58%	-9.52%	0.0%	133.33%	-30.77%	-69.77%	4200.0%	0.0%
Other Assets	$1.003B	$994.0M	$1.237B	$1.657B	$1.770B	$2.147B	$2.469B	$1.529B	$986.0M	$727.0M	$86.00M	$67.00M	$50.00M	$82.00M	$50.00M	$73.00M	$288.0M	$714.0M	$75.00M	$143.0M
YoY Change	0.91%	-19.64%	-25.35%	-6.38%	-17.56%	-13.04%	61.48%	55.07%	35.63%	745.35%	28.36%	34.0%	-39.02%	64.0%	-31.51%	-74.65%	-59.66%	852.0%	-47.55%
Total Long-Term Assets	$8.342B	$8.302B	$8.835B	$9.552B	$11.01B	$11.36B	$12.09B	$12.77B	$12.63B	$6.682B	$7.487B	$7.439B	$7.609B	$7.829B	$6.778B	$6.745B	$6.628B	$7.014B	$1.061B	$1.217B
YoY Change	0.48%	-6.03%	-7.51%	-13.25%	-3.09%	-6.05%	-5.29%	1.11%	89.02%	-10.75%	0.65%	-2.23%	-2.81%	15.51%	0.49%	1.77%	-5.5%	561.07%	-12.82%
Total Assets	$10.47B	$10.43B	$11.32B	$12.99B	$13.65B	$13.65B	$15.16B	$15.06B	$15.12B	$8.435B	$9.791B	$9.602B	$9.070B	$9.314B	$8.882B	$8.288B	$8.536B	$8.502B	$1.765B	$1.732B
YoY Change
Accounts Payable	$797.0M	$731.0M	$1.035B	$1.126B	$1.121B	$1.142B	$1.241B	$1.216B	$1.058B	$1.241B	$1.345B	$1.320B	$1.063B	$1.309B	$1.297B	$1.119B	$879.0M	$823.0M	$588.0M	$244.0M
YoY Change	9.03%	-29.37%	-8.08%	0.45%	-1.84%	-7.98%	2.06%	14.93%	-14.75%	-7.73%	1.89%	24.18%	-18.79%	0.93%	15.91%	27.3%	6.8%	39.97%	140.98%
Accrued Expenses	$375.0M	$370.0M	$385.0M	$390.0M	$479.0M	$400.0M	$447.0M	$451.0M	$495.0M	$324.0M	$339.0M	$317.0M	$199.0M	$261.0M
YoY Change	1.35%	-3.9%	-1.28%	-18.58%	19.75%	-10.51%	-0.89%	-8.89%	52.78%	-4.42%	6.94%	59.3%	-23.75%
Deferred Revenue
YoY Change
Short-Term Debt	$16.00M	$0.00	$52.00M	$0.00	$3.000M	$35.00M	$0.00	$0.00	$0.00	$11.00M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change		-100.0%		-100.0%	-91.43%				-100.0%
Long-Term Debt Due	$0.00	$69.00M	$10.00M	$404.0M	$471.0M	$0.00	$599.0M	$0.00	$0.00	$850.0M	$314.0M	$248.0M	$247.0M	$170.0M	$110.0M	$176.0M	$722.0M	$132.0M	$9.000M	$10.00M
YoY Change	-100.0%	590.0%	-97.52%	-14.23%		-100.0%			-100.0%	170.7%	26.61%	0.4%	45.29%	54.55%	-37.5%	-75.62%	446.97%	1366.67%	-10.0%
Total Short-Term Liabilities	$1.691B	$1.848B	$1.914B	$2.615B	$2.468B	$2.002B	$3.677B	$2.342B	$2.011B	$2.989B	$2.205B	$2.083B	$1.934B	$1.945B	$1.906B	$1.769B	$2.034B	$1.527B	$661.0M	$590.0M
YoY Change	-8.5%	-3.45%	-26.81%	5.96%	23.28%	-45.55%	57.0%	16.46%	-32.72%	35.56%	5.86%	7.7%	-0.57%	2.05%	7.74%	-13.03%	33.2%	131.01%	12.03%
Long-Term Debt	$5.655B	$5.712B	$6.504B	$7.888B	$7.637B	$8.035B	$7.838B	$7.925B	$8.406B	$2.179B	$3.711B	$3.722B	$3.423B	$3.932B	$3.957B	$3.786B	$3.198B	$3.654B	$426.0M	$485.0M
YoY Change	-1.0%	-12.18%	-17.55%	3.29%	-4.95%	2.51%	-1.1%	-5.72%	285.77%	-41.28%	-0.3%	8.74%	-12.95%	-0.63%	4.52%	18.39%	-12.48%	757.75%	-12.16%
Other Long-Term Liabilities	$823.0M	$589.0M	$565.0M	$595.0M	$688.0M	$413.0M	$441.0M	$382.0M	$391.0M	$121.0M	$112.0M	$128.0M	$145.0M	$103.0M	$112.0M	$105.0M	$114.0M	$126.0M	$19.00M	$34.00M
YoY Change	39.73%	4.25%	-5.04%	-13.52%	66.59%	-6.35%	15.45%	-2.3%	223.14%	8.04%	-12.5%	-11.72%	40.78%	-8.04%	6.67%	-7.89%	-9.52%	563.16%	-44.12%
Total Long-Term Liabilities	$6.478B	$6.301B	$7.069B	$8.483B	$8.325B	$8.448B	$8.279B	$8.307B	$8.797B	$2.300B	$3.823B	$3.850B	$3.568B	$4.035B	$4.069B	$3.891B	$3.312B	$3.780B	$445.0M	$519.0M
YoY Change	2.81%	-10.86%	-16.67%	1.9%	-1.46%	2.04%	-0.34%	-5.57%	282.48%	-39.84%	-0.7%	7.9%	-11.57%	-0.84%	4.57%	17.48%	-12.38%	749.44%	-14.26%
Total Liabilities	$9.023B	$9.004B	$10.04B	$12.22B	$11.99B	$11.84B	$13.15B	$11.99B	$12.10B	$5.865B	$6.767B	$6.609B	$6.239B	$6.753B	$6.252B	$6.063B	$6.073B	$6.053B	$1.167B	$1.151B
YoY Change	0.21%	-10.32%	-17.81%	1.92%	1.22%	-9.98%	9.7%	-0.88%	106.26%	-13.33%	2.39%	5.93%	-7.61%	8.01%	3.12%	-0.16%	0.33%	418.68%	1.39%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	200.0M shares	201.8M shares	205.0M shares	204.7M shares
Diluted Shares Outstanding	203.0M shares	203.4M shares	206.8M shares	204.7M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $4.0218 Billion

About International Game Technology PLC

International Game Technology PLC engages in the designing, manufacturing, and marketing of electronic gaming equipment, software, and network systems. The firm operates and provides an integrated portfolio of gaming technology products and services, including online and instant lottery systems, iLottery, instant ticket printing, lottery management services, commercial services, gaming systems, electronic gaming machines, iGaming, and sports betting. The firm operates through three segments. The Global Lottery segment operates traditional lottery and iLottery businesses across the world, which includes sales, operations, product development, technology, and support, across the world. The Global Gaming segment operates a land-based gaming business across the world, which includes sales, product management, studios, global manufacturing, operation, and technology, across the world. The Digital & Betting segment operates iGaming and sports betting activities across the world.

Industry: Services-Miscellaneous Amusement & Recreation Peers: Genius Sports Ltd