LVS
Las Vegas Sands Corp
NYSE: LVS · CONSUMER CYCLICAL · RESORTS & CASINOS
$53.72
-1.00% today
Updated 2026-04-29
Market cap
$35.95B
P/E ratio
20.02
P/S ratio
2.62x
EPS (TTM)
$2.71
Dividend yield
2.02%
52W range
$36 – $70
Volume
4.0M
Las Vegas Sands Corp (LVS) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.24B | $2.95B | $4.39B | $4.56B | $6.85B | $9.41B | $11.13B | $13.77B | $14.58B | $11.69B | $11.27B | $12.73B | $13.73B | $12.13B | $2.94B | $4.23B | $4.11B | $10.37B | $11.30B | $13.02B |
| Revenue growth (YoY) | — | +31.9% | +48.8% | +3.9% | +50.2% | +37.3% | +18.3% | +23.7% | +5.9% | -19.9% | -3.6% | +12.9% | +7.9% | -11.7% | -75.8% | +44.0% | -2.9% | +152.4% | +8.9% | +15.2% |
| Cost of revenue | $1.27B | $1.97B | $3.30B | $3.46B | $4.57B | $5.72B | $6.96B | $8.52B | $8.78B | $7.12B | $6.95B | $7.50B | $8.09B | $8.00B | $3.12B | $3.67B | $3.50B | $6.47B | $7.14B | $9.35B |
| Gross profit | $961.98M | $978.73M | $1.09B | $1.10B | $2.28B | $3.69B | $4.17B | $5.25B | $5.81B | $4.57B | $4.46B | $5.23B | $5.64B | $5.74B | $-176.00M | $567.00M | $614.00M | $3.90B | $4.15B | $3.67B |
| Gross margin | 43.0% | 33.2% | 24.8% | 24.1% | 33.3% | 39.2% | 37.5% | 38.1% | 39.8% | 39.1% | 39.6% | 41.1% | 41.1% | 47.3% | -6.0% | 13.4% | 14.9% | 37.6% | 36.8% | 28.2% |
| R&D | — | $9.73M | $12.79M | $533000.00 | $1.78M | $11.31M | $19.96M | $15.81M | $14.32M | $10.37M | $9.00M | $13.00M | $12.00M | $24.00M | $18.00M | $109.00M | $143.00M | $205.00M | $228.00M | $269.00M |
| SG&A | $230.35M | $319.36M | $850.75M | $845.93M | $683.30M | $836.92M | $1.06B | $1.33B | $1.26B | $1.27B | $1.29B | $1.42B | $1.69B | $1.43B | $966.00M | $1.04B | $1.17B | $1.11B | $1.44B | $1.19B |
| Operating income | $576.72M | $331.13M | $208.81M | $149.93M | $1.24B | $2.40B | $2.60B | $3.48B | $4.13B | $2.93B | $2.70B | $3.49B | $3.91B | $3.82B | $-1.30B | $-643.00M | $-770.00M | $2.35B | $2.47B | $3.09B |
| Operating margin | 25.8% | 11.2% | 4.8% | 3.3% | 18.0% | 25.5% | 23.4% | 25.3% | 28.3% | 25.1% | 24.0% | 27.4% | 28.5% | 31.5% | -44.3% | -15.2% | -18.7% | 22.7% | 21.8% | 23.7% |
| EBITDA | $750.87M | $609.08M | $726.95M | $535.28M | $1.86B | $3.17B | $3.21B | $4.42B | $5.14B | $3.90B | $3.64B | $4.55B | $4.89B | $5.51B | $-356.00M | $188.00M | $351.00M | $3.92B | $4.11B | $4.50B |
| EBITDA margin | 33.6% | 20.6% | 16.6% | 11.7% | 27.1% | 33.7% | 28.9% | 32.1% | 35.2% | 33.3% | 32.3% | 35.8% | 35.6% | 45.5% | -12.1% | 4.4% | 8.5% | 37.8% | 36.4% | 34.6% |
| EBIT | $640.10M | $383.09M | $193.80M | $-50.76M | $1.16B | $2.38B | $2.32B | $3.41B | $4.11B | $2.90B | $2.53B | $3.38B | $3.78B | $4.35B | $-1.35B | $-853.00M | $-685.00M | $2.59B | $2.69B | $2.96B |
| Interest expense | $135.85M | $244.81M | $421.82M | $321.87M | $306.81M | $282.95M | $258.56M | $271.21M | $274.00M | $265.00M | $274.00M | $327.00M | $446.00M | $449.00M | $523.00M | $621.00M | $702.00M | $818.00M | $727.00M | $746.00M |
| Income tax | $62.24M | $21.59M | $-59.70M | $-3.88M | $74.30M | $211.70M | $180.76M | $188.84M | $244.64M | $236.00M | $239.00M | $-209.00M | $375.00M | $468.00M | $24.00M | $-5.00M | $154.00M | $344.00M | $208.00M | $347.00M |
| Effective tax rate | 12.3% | 15.6% | 24.0% | 0.9% | 12.9% | 13.7% | 10.6% | 7.6% | 7.9% | 10.7% | 12.5% | -8.0% | 13.5% | 14.8% | -1.4% | 0.5% | -17.8% | 22.0% | 12.6% | 17.6% |
| Net income | $442.00M | $116.69M | $-188.76M | $-447.02M | $500.27M | $1.33B | $1.52B | $2.31B | $2.84B | $1.97B | $1.67B | $2.81B | $2.41B | $2.70B | $-1.69B | $-961.00M | $-1.02B | $1.22B | $1.45B | $1.63B |
| Net income growth (YoY) | — | -73.6% | -261.8% | -136.8% | +211.9% | +166.5% | +14.3% | +51.3% | +23.2% | -30.8% | -15.1% | +68.1% | -14.1% | +11.8% | -162.5% | +43.0% | -6.1% | +219.7% | +18.4% | +12.5% |
| Profit margin | 19.8% | 4.0% | -4.3% | -9.8% | 7.3% | 14.2% | 13.7% | 16.7% | 19.5% | 16.8% | 14.8% | 22.1% | 17.6% | 22.2% | -57.3% | -22.7% | -24.8% | 11.8% | 12.8% | 12.5% |