Brightstar Lottery PLC (BRSL) Key Metrics

NYSE: BRSLValuation, returns, debt and efficiency ratios over 6 years.

BRSL valuation today

Trailing 12 months · as of October 18, 2026
Market cap
$1.74B
Enterprise value
$4.74B
P/E (TTM)
9.7
10-yr median 16.8
Forward P/E
11.1
PEG ratio
—
Price / sales
0.7
10-yr median 1.4
Price / book
2.2
10-yr median 3.7
EV / EBITDA
4.1
10-yr median 8.1
Dividend yield
9.68%
$0.92 a year
Beta
1.15

BRSL key metrics, 2020–2025

Fiscal year ended December 31, 2025 · U.S. dollars

BRSL valuation Price multiples at each fiscal year-end price.

P/E ratio+100.4%
20.7
2025 · hover or tap a bar for each year
2021: 12.42022: 16.8 (+35.3%)2023: 35.7 (+112.6%)2024: 10.4 (−71.0%)2025: 20.7 (+100.4%)
20202025
Price / sales−15.3%
1.2
2025 · hover or tap a bar for each year
2020: 1.12021: 1.5 (+31.3%)2022: 1.8 (+21.5%)2023: 2.2 (+23.9%)2024: 1.4 (−34.8%)2025: 1.2 (−15.3%)
20202025
Price / book+59.8%
3.5
2025 · hover or tap a bar for each year
2020: 4.52021: 4.7 (+4.4%)2022: 3.2 (−30.8%)2023: 3.9 (+19.4%)2024: 2.2 (−43.4%)2025: 3.5 (+59.8%)
20202025
EV / EBITDA−29.0%
5.3
2025 · hover or tap a bar for each year
2020: 80.42021: 8.7 (−89.2%)2022: 7.1 (−18.3%)2023: 9.7 (+36.2%)2024: 7.5 (−22.8%)2025: 5.3 (−29.0%)
20202025
Free cash flow yield−38.1 pts
−13.6%
2025 · hover or tap a bar for each year
2020: 17.6%2021: 12.4% (−5.2 pts)2022: 16.0% (+3.6 pts)2023: 16.0% (+0.1 pts)2024: 24.5% (+8.4 pts)2025: −13.6% (−38.1 pts)
20202025

BRSL valuation history

Fiscal year-endToday6-year median

BRSL returns on capital

ROEROICROA

Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.

BRSL debt vs cash

Total debtCash & short-term investments

Debt includes short- and long-term borrowings and, where reported, lease liabilities.

BRSL cash returned to shareholders

DividendsBuybacksFree cash flow

BRSL price vs earnings per share

Share price at year-endEPS (right axis)

BRSL key metrics

2020–2025
Brightstar Lottery PLC key metrics by fiscal year
202520242023202220212020
Valuation
Market capitalization$3.05B$3.60B$5.56B$4.61B$5.98B$3.47B
Enterprise value$5.85B$8.49B$10.84B$10.05B$12.25B$10.96B
P/E ratio20.710.435.716.812.4—
Price / sales1.21.42.21.81.51.1
Price / book3.52.23.93.24.74.5
Price / free cash flow—4.16.26.38.15.7
Price / operating cash flow—3.55.45.16.14.0
EV / sales2.33.44.33.93.03.5
EV / EBITDA5.37.59.77.18.780.4
EV / free cash flow—9.612.113.616.617.9
Earnings yield4.8%9.7%2.8%6.0%8.1%−25.9%
Free cash flow yield−13.6%24.5%16.0%16.0%12.4%17.6%
Dividend yield25.2%4.5%2.9%3.5%0.7%1.2%
Shareholder yield (dividends + buybacks)34.1%4.5%2.9%6.0%1.4%1.2%
Share price at fiscal year-end$15.48$17.66$27.41$22.68$28.91$16.94
Per share
Revenue per share$12.75$12.31$12.46$12.77$19.77$15.22
Earnings per share$0.75$1.71$0.77$1.35$2.33−$4.39
Operating cash flow per share−$0.50$5.05$5.12$4.42$4.73$4.23
Free cash flow per share−$2.11$4.32$4.40$3.62$3.58$2.98
Cash per share$7.34$2.86$2.50$2.90$2.86$5.40
Book value per share$4.44$8.10$7.11$7.03$6.20$3.79
Tangible book value per share−$9.93−$7.67−$10.00−$26.21−$28.63−$26.93
Dividends per share$3.91$0.79$0.79$0.79$0.20$0.20
Capex per share$1.60$0.73$0.72$0.80$1.15$1.24
Debt per share$21.57$26.81$28.47$29.63$33.20$42.02
Shares outstanding197.0M204.0M203.0M203.4M206.8M204.7M
Change in shares outstanding−3.4%+0.5%−0.2%−1.6%+1.0%—
Returns & profitability
Return on equity (ROE)11.6%22.5%10.9%20.3%46.8%−115.6%
Return on invested capital (ROIC)8.6%5.7%6.1%7.5%5.7%2.3%
Return on assets (ROA)1.5%3.4%1.5%2.5%4.0%−6.9%
Return on tangible assets2.3%4.9%2.2%7.5%11.7%−13.4%
Free cash flow margin−16.5%35.1%35.3%28.4%18.1%19.6%
Income quality (OCF / net income)−0.672.966.673.272.03—
Financial health
Total debt$4.25B$5.47B$5.78B$6.03B$6.87B$8.60B
Cash & short-term investments$1.45B$584.0M$508.0M$590.0M$591.0M$1.11B
Net debt$2.80B$4.88B$5.27B$5.44B$6.27B$7.50B
Debt / equity4.863.314.014.225.3511.08
Debt / assets0.460.530.550.580.610.66
Net debt / EBITDA2.544.304.713.844.4554.97
Current ratio0.762.291.261.151.301.32
Quick ratio0.722.251.191.011.201.25
Interest coverage4.33.43.53.32.50.6
Working capital−$736.0M$3.48B$434.0M$280.0M$573.0M$825.0M
Invested capital$3.68B$6.54B$6.71B$6.87B$7.56B$8.27B
Tangible asset value−$1.24B−$1.16B−$1.52B−$4.78B−$5.23B−$4.73B
Net current asset value−$5.23B−$2.05B−$6.39B−$6.33B−$6.86B−$7.99B
Graham number$8.64$17.63$11.09$14.62$18.03—
Graham net-net per share−$28.78−$35.34−$37.47−$34.23−$36.88−$45.51
Capital allocation
Dividends paid$770.0M$161.0M$160.0M$161.0M$41.0M$40.9M
Share buybacks (net)$271.0M$0$0$115.0M$41.0M—
Dividend payout ratio523.8%46.3%102.6%58.5%8.5%—
Dividends + buybacks / free cash flow—18.3%17.9%37.4%11.1%6.7%
Capex / revenue12.6%5.9%5.8%6.2%5.8%8.2%
Capex / operating cash flow—14.5%14.1%18.0%24.3%29.4%
Capex / depreciation0.710.370.350.390.450.45
Stock-based compensation / revenue0.6%1.5%1.3%1.3%0.9%—
R&D / revenue1.9%1.7%1.4%1.7%5.8%6.1%
SG&A / revenue13.5%14.2%14.0%15.4%19.8%—
Efficiency
Days sales outstanding73.868.8107.5170.0116.9144.3
Days of inventory on hand33.634.557.457.030.231.2
Days payables outstanding217.7210.7216.7230.2185.1207.6
Cash conversion cycle (days)-110.3-107.4-51.9-3.3-38.0-32.2
Receivables turnover4.955.313.402.153.122.53
Payables turnover1.681.731.681.591.971.76
Inventory turnover10.8610.576.366.4112.1011.70
Asset turnover0.260.240.240.240.340.24
Average receivables$507.5M$473.5M$744.5M$1.21B$1.31B$1.23B
Average payables$742.0M$680.5M$687.0M$883.0M$1.08B$1.13B
Average inventory$114.5M$111.5M$182.0M$218.5M$176.1M$169.2M
Intangibles / total assets30.9%31.3%33.2%64.8%63.6%48.4%

Computed from BRSL's annual financial statements (latest annual report filed December 31, 2025) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.

BRSL valuation and financial ratios

At the end of fiscal 2025 (December 31, 2025), Brightstar Lottery traded at 20.7 times earnings, against a 6-year median of 16.8. Based on the latest twelve months, the trailing P/E is 9.7 and the forward P/E is 11.1. Brightstar Lottery earned a return on equity of 11.6% and a return on invested capital of 8.6% in fiscal 2025. It ended the year with $4.2 billion of debt and $1.4 billion in cash and short-term investments, net debt of $2.8 billion. It returned $1.0 billion to shareholders: $770.0 million in dividends and $271.0 million in share buybacks. The share count fell 3.8% from 204.7M to 197.0M over 5 years.

See the BRSL income statement, the BRSL chart for price history, or the BRSL stock overview for the latest quote and news.

BRSL key metrics FAQ

What is Brightstar Lottery's P/E ratio?

Brightstar Lottery's trailing P/E ratio is 9.7 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 11.1. At the end of fiscal 2025 it was 20.7, compared with a 6-year median of 16.8.

What is Brightstar Lottery's EV/EBITDA?

Brightstar Lottery's enterprise value was 5.3 times EBITDA at the end of fiscal 2025 (enterprise value $5.9 billion, EBITDA $1.1 billion); the current EV/EBITDA is 4.1.

What is Brightstar Lottery's return on equity?

Brightstar Lottery's return on equity (ROE) was 11.6% in fiscal 2025: net income of $147.0 million on average shareholders' equity of $1.3 billion.

What is Brightstar Lottery's ROIC?

Brightstar Lottery's return on invested capital was 8.6% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.

How much debt does Brightstar Lottery have?

Brightstar Lottery had total debt of $4.2 billion at the end of fiscal 2025, a debt-to-equity ratio of 4.86 and $2.8 billion of net debt (2.54 times EBITDA).

What is Brightstar Lottery's dividend yield?

Brightstar Lottery's forward dividend yield is 9.68%. Brightstar Lottery paid $770.0 million in dividends in fiscal 2025 ($3.91 per share), a payout ratio of 523.8%.

Does Brightstar Lottery buy back its shares?

Yes. Brightstar Lottery spent $271.0 million on net share repurchases in fiscal 2025 Shares outstanding changed −3.4% over the year, to 197.0M..

What is Brightstar Lottery's free cash flow yield?

Brightstar Lottery generated -$415.0 million of free cash flow in fiscal 2025, a free cash flow yield of −13.6% on its market value at year-end ($3.0 billion).

What is Brightstar Lottery's current ratio?

Brightstar Lottery's current ratio was 0.76 at the end of fiscal 2025: current assets were 0.76 times current liabilities.

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