Las Vegas Sands Corp. (LVS)
NYSE: LVS · Real-Time Price · USD
45.46
-0.31 (-0.68%)
At close: Aug 10, 2026, 4:00 PM EDT
45.59
+0.13 (0.29%)
Pre-market: Aug 11, 2026, 4:22 AM EDT

Las Vegas Sands Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
13,71913,01711,29810,3724,1104,234
Revenue Growth
18.12%15.21%8.93%152.36%-2.93%44.01%
Gross Profit
6,6566,4815,5215,1671,6501,608
Operating Income
2,9482,8182,4022,313-792-689
Net Income
1,7271,6271,4461,2211,832-961
Earnings Per Share
2.572.351.961.602.40-1.26
EPS Growth
29.80%19.90%22.50%-33.33%--

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Casino
10,3279,7898,3037,5222,6272,892
Rooms
1,4891,4221,2741,204469415
Food & Beverage
700644607584301199
Mall
830801755767580649
Convention, Retail & Other
37336135929513379
Revenue (Total)
13,71913,01711,29810,3724,1104,234

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
3,3763,8413,6505,1056,3111,854
Total Debt
15,26215,78413,75214,02915,97814,795
Net Cash (Debt)
-11,886-11,943-10,102-8,924-9,667-12,941
Net Cash Growth
------
Net Cash Per Share
-17.67-17.23-13.71-11.67-12.65-16.94

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
2,5283,0223,2043,228-79515
Capital Expenditures
-1,029-1,168-1,567-1,017-651-828
Free Cash Flow
1,4991,8541,6372,211-1,446-813
Free Cash Flow Growth
-13.26%-25.96%---

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
48.52%49.79%48.87%49.82%40.15%37.98%
Operating Margin
21.49%21.65%21.26%22.30%-19.27%-16.27%
Pretax Margin
4.24%17.00%17.35%17.11%-33.75%-34.81%
Profit Margin
14.24%14.34%15.51%13.80%33.02%-30.14%
FCF Margin
10.93%14.24%14.49%21.32%-35.18%-19.20%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023
Period EndingAug '26 Dec '25 Dec '24 Dec '23
Dividend Per Share
1.2001.0500.8500.600
Dividend Per Share Growth
21.05%23.53%41.67%-
Dividend Yield
2.64%1.85%1.56%0.81%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
17.6327.7026.2030.7620.03-
Forward PE
13.7322.0420.0417.9181.09101.07
P/FCF Ratio
10.8923.7022.4716.77--
PS Ratio
2.153.383.263.578.946.79