Las Vegas Sands (LVS)
NYSEMarket Closed
Las Vegas Sands Corp. is a global developer and operator of large-scale integrated resorts, with its business concentrated in Asia. The company’s properties combine casino gaming with luxury hotels, restaurants, retail malls, entertainment venues, convention space, and meeting facilities. This integrated resort model is designed to attract both leisure tourists and business travelers, while generating revenue across gaming and non-gaming categories.
The company’s main operating base is Macao, the world’s largest casino market by gaming revenue. Through Sands China, it owns and operates major Cotai Strip and peninsula properties including The Venetian Macao, The Londoner Macao, The Parisian Macao, Four Seasons Hotel Macao, and Sands Macao. These resorts position the company to benefit from mass-market gaming, premium leisure demand, shopping, dining, and convention activity in the region.
Las Vegas Sands also owns Marina Bay Sands in Singapore, one of the most recognizable integrated resorts in Asia. The property combines a casino, hotel towers, luxury retail, restaurants, entertainment, and the Sands Expo and Convention Centre. The company has plans for further expansion in Singapore, including an additional tower expected to open in the next decade, subject to project timing and regulatory conditions.
After selling The Venetian Resort Las Vegas and Palazzo assets in 2022, Las Vegas Sands no longer operates casinos in its namesake city. Its earnings are therefore driven by Asian tourism, gaming regulation, travel patterns, and consumer spending in Macao and Singapore. The company’s distinguishing feature is its concentration in high-end, destination-scale resorts in markets with limited gaming licenses and substantial barriers to entry.
Last updated
- Market Cap
- $30,461,386,684
- P/E
- 17.64
- P/FCF
- 11.27
- P/S
- 2.22
- Enterprise Value
- $42,347,386,684
- Sector
- Consumer Discretionary
- Industry
- Casinos & Gaming
- Address
- 5420 S. DURANGO DRIVE, LAS VEGAS, NV, 89113
- Market Cap
Market cap is the total value of a company's shares, calculated by multiplying the stock price by the number of shares outstanding.
- $30,461,386,684
- Enterprise Value
Enterprise value is the total value of a company, including its market cap, debt, and cash.
- $42,347,386,684
- P/E
P/E ratio compares a company's share price to its earnings per share.
- 17.64
- P/B
P/B ratio compares a company's share price to its book value per share.
- 52.43
- P/S
P/S ratio compares a company's share price to its revenue per share.
- 2.22
- EV / EBITDA
EV/EBITDA measures a company's value compared to its earnings before interest, taxes, depreciation, and amortization.
- 9.14
- EV / Sales
EV/Sales measures a company's value compared to its total revenue.
- 3.09
- EPS
- 2.67
- Dividend Yield
Dividend yield shows how much a company pays in dividends each year compared to its share price.
- 3.08%
- P/FCF
Price-to-free-cash-flow ratio compares a company's share price to the cash it generates after expenses and investments.
- 11.27
- P/CF
P/CF ratio compares a company's share price to the cash flow it generates from its operations.
- 8.16
- Free Cash Flow
Free cash flow is the cash a company has left after covering operating costs and capital expenses.
- $2,703,000,000
- ROE
ROE measures how effectively a company uses shareholders' equity to generate profit.
- 297.25%
- ROA
ROA measures how effectively a company uses its assets to generate profit.
- 8.67%
- Debt / Equity
Debt-to-equity ratio compares a company's total debt to its shareholders' equity.
- 26.27
- Current Ratio
Current ratio measures a company's ability to pay short-term debts using its short-term assets.
- 1
- Quick Ratio
Quick ratio measures a company's ability to pay short-term debts using cash and other easily available assets.
- 0.99
- Cash
Cash ratio measures a company's ability to cover short-term debts using only cash and cash equivalents.
- 0.78
- Avg Volume
Average volume shows the average number of shares traded over the last 30 trading days, helping indicate liquidity.
- $5,123,396
- Fundamentals Snapshot Price
Fundamentals snapshot price is the stock price used when calculating the company's financial ratios and metrics.
- 47.03
Income Statement
| Line Item | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 |
|---|---|---|---|---|---|
| Revenue | 3.15B | 3.59B | 3.65B | 3.33B | 3.18B |
| Cost of revenue | 1.67B | 1.84B | 1.88B | 1.67B | 1.54B |
| Gross profit | 1.48B | 1.75B | 1.77B | 1.66B | 1.64B |
| Operating income | 618M | 912M | 871M | 787M | 783M |
| EBITDA | 991M | 1.29B | 1.18B | 1.18B | 1.18B |
| Net income | 346M | 567M | 395M | 419M | 461M |
| Income taxes | 88M | 107M | 103M | 91M | 90M |
| Interest expense | -189M | -188M | -191M | -187M | -194M |
| Other operating expenses | 43M | 33M | 50M | 25M | 33M |
| Total operating expenses | 862M | 837M | 897M | 872M | 854M |
| Basic EPS | 0.53 | 0.85 | 0.59 | 0.61 | 0.66 |
| Diluted EPS | 0.53 | 0.85 | 0.58 | 0.61 | 0.66 |
Balance Sheet
| Line Item | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 |
|---|---|---|---|---|---|
| Total assets | 19.91B | 21.18B | 21.92B | 21.5B | 21.85B |
| Total liabilities | 19.01B | 19.57B | 19.99B | 19.64B | 19.57B |
| Total equity | 897M | 1.61B | 1.93B | 1.87B | 2.28B |
| Cash & equivalents | 3.38B | 3.33B | 3.84B | 3.35B | 3.45B |
| Current assets | 4.3B | 4.27B | 4.83B | 4.15B | 4.26B |
| Current liabilities | 4.31B | 4.63B | 4.22B | 4.67B | 3.5B |
| Accounts payable | 332M | 301M | 350M | 359M | 350M |
| Receivables | 622M | 677M | 742M | 548M | 533M |
| Inventories | 46M | 46M | 46M | 45M | 40M |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Long-term debt | 13.69B | 13.9B | 14.66B | 13.85B | 14.9B |
Cash Flow
| Line Item | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 |
|---|---|---|---|---|---|
| Operating cash flow | 682M | 731M | 1.2B | 1.12B | 178M |
| Investing cash flow | 946M | -186M | -266M | -211M | -286M |
| Financing cash flow | -1.58B | -1.04B | -451M | -1.01B | 512M |
| Change in cash | 46M | -511M | 488M | -97M | 414M |
| Net income | 373M | 641M | 448M | 491M | 519M |
| Kind | Filing | Date | Link |
|---|---|---|---|
| edgar index | SCHEDULE 13D/A — LAS VEGAS SANDS CORP | View Filing | |
| edgar index | 10-Q — LAS VEGAS SANDS CORP | View Filing | |
| edgar index | 8-K — LAS VEGAS SANDS CORP | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | SCHEDULE 13D/A — LAS VEGAS SANDS CORP | View Filing | |
| edgar index | 4 — LAS VEGAS SANDS CORP | View Filing | |
| form 4 | Form 4 — SHELDON G. ADELSON 2007 FRIENDS & FAMILY TRUST | View Filing | |
| form 4 | Form 4 — Adelson Miriam | View Filing | |
| form 4 | Form 4 — SHELDON G. ADELSON 2007 REMAINDER TRUST | View Filing | |
| form 4 | Form 4 — Adelson Miriam | View Filing | |
| form 4 | Form 4 — SHELDON G. ADELSON 2007 FRIENDS & FAMILY TRUST | View Filing | |
| form 4 | Form 4 — Adelson Miriam | View Filing | |
| form 4 | Form 4 — Adelson Miriam | View Filing | |
| form 4 | Form 4 — SHELDON G. ADELSON 2007 REMAINDER TRUST | View Filing | |
| form 4 | Form 4 — SHELDON G. ADELSON 2007 REMAINDER TRUST | View Filing | |
| form 4 | Form 4 — SHELDON G. ADELSON 2007 FRIENDS & FAMILY TRUST | View Filing | |
| form 4 | Form 4 — SHELDON G. ADELSON 2007 REMAINDER TRUST | View Filing | |
| form 4 | Form 4 — SHELDON G. ADELSON 2007 FRIENDS & FAMILY TRUST | View Filing | |
| form 4 | Form 4 — SHELDON G. ADELSON 2007 REMAINDER TRUST | View Filing | |
| form 4 | Form 4 — Adelson Miriam | View Filing | |
| form 4 | Form 4 — SHELDON G. ADELSON 2007 REMAINDER TRUST | View Filing | |
| form 4 | Form 4 — Adelson Miriam | View Filing | |
| form 4 | Form 4 — SHELDON G. ADELSON 2007 FRIENDS & FAMILY TRUST | View Filing | |
| form 4 | Form 4 — SHELDON G. ADELSON 2007 FRIENDS & FAMILY TRUST | View Filing | |
| form 4 | Form 4 — SHELDON G. ADELSON 2007 FRIENDS & FAMILY TRUST | View Filing | |
| form 4 | Form 4 — SHELDON G. ADELSON 2007 REMAINDER TRUST | View Filing | |
| form 4 | Form 4 — Adelson Miriam | View Filing | |
| edgar index | 144 — LAS VEGAS SANDS CORP | View Filing | |
| edgar index | 8-K — LAS VEGAS SANDS CORP | View Filing | |
| edgar index | 4 — LAS VEGAS SANDS CORP | View Filing | |
| edgar index | 4 — LAS VEGAS SANDS CORP | View Filing | |
| edgar index | 4 — LAS VEGAS SANDS CORP | View Filing | |
| edgar index | 4 — LAS VEGAS SANDS CORP | View Filing | |
| edgar index | 4 — LAS VEGAS SANDS CORP | View Filing | |
| edgar index | 4 — LAS VEGAS SANDS CORP | View Filing | |
| edgar index | 4 — LAS VEGAS SANDS CORP | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| form 4 | Form 4 — Forman Charles D | View Filing | |
| form 4 | Form 4 — Chafetz Irwin | View Filing | |
| form 4 | Form 4 — Chau Micheline | View Filing | |
| form 4 | Form 4 — Pant Muktesh | View Filing | |
| form 4 | Form 4 — Pant Muktesh | View Filing | |
| form 4 | Form 4 — Kramer Lewis | View Filing | |
| form 4 | Form 4 — Besca Mark | View Filing | |
| form 4 | Form 4 — Li Alain | View Filing | |
| edgar index | 8-K — LAS VEGAS SANDS CORP | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | FWP — LAS VEGAS SANDS CORP | View Filing | |
| edgar index | 8-K — LAS VEGAS SANDS CORP | View Filing | |
| edgar index | 424B2 — LAS VEGAS SANDS CORP | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 424B5 — LAS VEGAS SANDS CORP | View Filing | |
| edgar index | 4 — LAS VEGAS SANDS CORP | View Filing | |
| edgar index | 4 — LAS VEGAS SANDS CORP | View Filing | |
| edgar index | 4 — LAS VEGAS SANDS CORP | View Filing | |
| edgar index | 4 — LAS VEGAS SANDS CORP | View Filing | |
| edgar index | 144 — LAS VEGAS SANDS CORP | View Filing | |
| form 4 | Form 4 — Forman Charles D | View Filing | |
| form 4 | Form 4 — Hyzak Randy | View Filing | |
| form 4 | Form 4 — Dumont Patrick | View Filing | |
| form 4 | Form 4 — Hudson D. Zachary | View Filing | |
| edgar index | 10-Q — LAS VEGAS SANDS CORP | View Filing | |
| edgar index | 8-K — LAS VEGAS SANDS CORP | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | DEF 14A — LAS VEGAS SANDS CORP | View Filing | |
| edgar index | DEFA14A — LAS VEGAS SANDS CORP | View Filing | |
| edgar index | ARS — LAS VEGAS SANDS CORP | View Filing | |
| edgar index | SCHEDULE 13G/A — LAS VEGAS SANDS CORP | View Filing | |
| edgar index | 4 — LAS VEGAS SANDS CORP | View Filing | |
| edgar index | 144 — LAS VEGAS SANDS CORP | View Filing | |
| form 4 | Form 4 — Dumont Patrick | View Filing | |
| form 4 | Form 4 — Dumont Patrick | View Filing | |
| form 4 | Form 4 — Dumont Patrick | View Filing | |
| edgar index | 8-K — LAS VEGAS SANDS CORP | View Filing | |
| eight k text | 8-K — 8-K | View Filing |