PSN vs. LNW

Last updated Apr 2, 2026

Compare and contrast key facts about Parsons Corporation (PSN) and Light & Wonder Inc (LNW).

Performance

PSN vs. LNW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Parsons Corporation (PSN) and Light & Wonder Inc (LNW). The values are adjusted to include any dividend payments, if applicable.

PSN vs. LNW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
PSN Parsons Corporation	-10.86%	-33.01%	47.11%	35.59%	37.44%	-7.58%	-11.80%	37.28%
LNW Light & Wonder Inc	0.00%	-0.19%	5.20%	40.12%	-12.31%	61.07%	54.93%	19.18%

Fundamentals

EPS PSN : $4.12 LNW : $5.32
PE Ratio PSN : 13.38 LNW : 16.21
PEG Ratio PSN : 0.44 LNW : 0.07
PS Ratio PSN : 0.63 LNW : 2.22
Total Revenue (TTM) PSN : $6.36B LNW : $3.31B
Gross Profit (TTM) PSN : $1.06B LNW : $2.93B
EBITDA (TTM) PSN : $517.19M LNW : $1.13B

Returns By Period

PSN

• 1D: 1.70%
• 1M: -18.82%
• YTD: -10.86%
• 6M: -35.37%
• 1Y: -7.51%
• 3Y*: 7.18%
• 5Y*: 6.36%
• 10Y*: —

LNW

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.00%
• 6M: 1.93%
• 1Y: -1.88%
• 3Y*: 12.81%
• 5Y*: 16.55%
• 10Y*: 24.97%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

PSN vs. LNW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PSN

PSN Risk / Return Rank: 33
PSN Sharpe Ratio Rank: 33
PSN Sortino Ratio Rank: 30
PSN Omega Ratio Rank: 30
PSN Calmar Ratio Rank: 36
PSN Martin Ratio Rank: 34

LNW

LNW Risk / Return Rank: 38
LNW Sharpe Ratio Rank: 38
LNW Sortino Ratio Rank: 34
LNW Omega Ratio Rank: 36
LNW Calmar Ratio Rank: 41
LNW Martin Ratio Rank: 41

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PSN vs. LNW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Parsons Corporation (PSN) and Light & Wonder Inc (LNW). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	PSN	LNW	Difference
Sharpe ratio Return per unit of total volatility	-0.18	-0.05	-0.12
Sortino ratio Return per unit of downside risk	0.06	0.24	-0.19
Omega ratio Gain probability vs. loss probability	1.01	1.04	-0.03
Calmar ratio Return relative to maximum drawdown	-0.16	0.03	-0.19
Martin ratio Return relative to average drawdown	-0.41	0.05	-0.46
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PSN vs. LNW - Sharpe Ratio Comparison

The current PSN Sharpe Ratio is -0.18, which is lower than the LNW Sharpe Ratio of -0.05. The chart below compares the historical Sharpe Ratios of PSN and LNW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PSN	LNW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.18	-0.05	-0.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.19	0.40	-0.20
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.42	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	0.15	+0.12

Correlation

The correlation between PSN and LNW is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

PSN vs. LNW - Dividend Comparison

Neither PSN nor LNW has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

PSN vs. LNW - Drawdown Comparison

The maximum PSN drawdown since its inception was -55.84%, smaller than the maximum LNW drawdown of -96.51%. Use the drawdown chart below to compare losses from any high point for PSN and LNW.

Drawdown Indicators

	PSN	LNW	Difference
Max Drawdown Largest peak-to-trough decline	-55.84%	-96.51%	+40.67%
Max Drawdown (1Y) Largest decline over 1 year	-43.96%	-29.37%	-14.59%
Max Drawdown (5Y) Largest decline over 5 years	-55.84%	-53.82%	-2.02%
Max Drawdown (10Y) Largest decline over 10 years	—	-93.41%	—
Current Drawdown Current decline from peak	-51.38%	-23.48%	-27.90%
Average Drawdown Average peak-to-trough decline	-15.73%	-53.29%	+37.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.11%	20.31%	-3.20%

Volatility

PSN vs. LNW - Volatility Comparison

Parsons Corporation (PSN) has a higher volatility of 14.26% compared to Light & Wonder Inc (LNW) at 0.00%. This indicates that PSN's price experiences larger fluctuations and is considered to be riskier than LNW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSN	LNW	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.26%	0.00%	+14.26%
Volatility (6M) Calculated over the trailing 6-month period	37.74%	27.05%	+10.69%
Volatility (1Y) Calculated over the trailing 1-year period	43.06%	45.72%	-2.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.81%	44.14%	-11.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.85%	61.75%	-26.90%

Financials