Las Vegas Sands Corp. logo

Las Vegas Sands Corp.

LVS

NYSEConsumer CyclicalGambling, Resorts & Casinos

Regular session

$47.035

+$0.005 · +0.01%

Aug 24, 1:41 PM ET

LVS company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

99

Deep Value

Momentum

29

Weakening

Sentiment

75

Bullish

Risk resilience

63

Moderate Risk

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Company profile

Company website

Las Vegas Sands Corporation, in conjunction with its various subsidiaries, specializes in the development, ownership, and ongoing management of comprehensive integrated resort properties across both Asian and United States markets. The company maintains a significant portfolio of establishments in Macao, People's Republic of China, including The Venetian Macao Resort Hotel, the Londoner Macao, The Parisian Macao, The Plaza Macao (which encompasses the Four Seasons Hotel Macao, Cotai Strip), and the Sands Macao. Furthermore, its Asian operations extend to Singapore, where it presides over the iconic Marina Bay Sands. Domestically, Las Vegas Sands also operates key assets within Las Vegas, Nevada: The Venetian Resort Hotel Casino, prominently situated on the renowned Las Vegas Strip, and the Sands Expo and Convention Center. These expansive integrated resorts are meticulously designed to offer a full spectrum of guest experiences, boasting luxurious accommodations, extensive gaming facilities, diverse entertainment venues, high-end retail shopping complexes, state-of-the-art convention and exhibition spaces, gourmet restaurants helmed by celebrity chefs, and numerous other guest conveniences. Established in 1988, Las Vegas Sands Corp. maintains its corporate headquarters in Las Vegas, Nevada.

Industry
Gambling, Resorts & Casinos
Sector
Consumer Cyclical
Headquarters
US
CEO
Patrick Sydney Dumont
Listed since
Dec 15, 2004
Employees
41,250

Market position

Day range

Current $47.035

52-week range

Current $47.035

Open
$47.00
Previous close
$47.03
Volume
1.8M
0.38× average
Average volume
4.78M
Average daily volume
Market cap
30.46B USD
Beta
0.84
Market reference 1
50-day average
$46.8032
+0.50% above average
200-day average
$55.2002
-14.79% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
57.27B USD
EV / EBITDA
12.73×
Earnings yield
3.62%
Free cash flow yield
3.96%

Profitability & efficiency

Return on equity
102.33%
Return on assets
7.42%
Return on invested capital
13.82%

Financial health

Current ratio
1.14×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends57%28%-1%-30%Gross margin, FY2021: 37.98%Gross margin, FY2022: 40.15%Gross margin, FY2023: 49.82%Gross margin, FY2024: 48.87%Gross margin, FY2025: 49.79%Operating margin, FY2021: -16.27%Operating margin, FY2022: -18.73%Operating margin, FY2023: 22.71%Operating margin, FY2024: 21.83%Operating margin, FY2025: 23.73%Net margin, FY2021: -22.70%Net margin, FY2022: 44.57%Net margin, FY2023: 11.77%Net margin, FY2024: 12.80%Net margin, FY2025: 12.50%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 37.98%. Gross margin FY2022 40.15%. Gross margin FY2023 49.82%. Gross margin FY2024 48.87%. Gross margin FY2025 49.79%. Operating margin FY2021 -16.27%. Operating margin FY2022 -18.73%. Operating margin FY2023 22.71%. Operating margin FY2024 21.83%. Operating margin FY2025 23.73%. Net margin FY2021 -22.70%. Net margin FY2022 44.57%. Net margin FY2023 11.77%. Net margin FY2024 12.80%. Net margin FY2025 12.50%.

Income trends

Revenue

13.02B USD+15.22%

Operating income

3.09B USD+25.26%

Net income

1.63B USD+12.52%
Income trends across reported periods14.41B USD8.82B USD3.23B USD−2.36B USDRevenue, FY2021: 4.23B USDRevenue, FY2022: 4.11B USDRevenue, FY2023: 10.37B USDRevenue, FY2024: 11.3B USDRevenue, FY2025: 13.02B USDOperating income, FY2021: −689M USDOperating income, FY2022: −770M USDOperating income, FY2023: 2.36B USDOperating income, FY2024: 2.47B USDOperating income, FY2025: 3.09B USDNet income, FY2021: −961M USDNet income, FY2022: 1.83B USDNet income, FY2023: 1.22B USDNet income, FY2024: 1.45B USDNet income, FY2025: 1.63B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 4.23B USD. Revenue FY2022 4.11B USD. Revenue FY2023 10.37B USD. Revenue FY2024 11.3B USD. Revenue FY2025 13.02B USD. Operating income FY2021 −689M USD. Operating income FY2022 −770M USD. Operating income FY2023 2.36B USD. Operating income FY2024 2.47B USD. Operating income FY2025 3.09B USD. Net income FY2021 −961M USD. Net income FY2022 1.83B USD. Net income FY2023 1.22B USD. Net income FY2024 1.45B USD. Net income FY2025 1.63B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue13.02B USD11.3B USD10.37B USD4.11B USD4.23B USD
Cost of goods sold6.54B USD5.78B USD5.21B USD2.46B USD2.63B USD
Gross profit6.48B USD5.52B USD5.17B USD1.65B USD1.61B USD
Research and development269M USD228M USD205M USD143M USD109M USD
Selling, general, and administrative1.19B USD1.15B USD1.11B USD936M USD831M USD
Operating expenses3.39B USD3.06B USD2.81B USD2.42B USD2.3B USD
Interest income161M USD275M USD288M USD116M USD4M USD
Interest expense746M USD727M USD818M USD702M USD621M USD
Depreciation and amortization1.54B USD1.37B USD1.27B USD1.09B USD1.1B USD
Operating income3.09B USD2.47B USD2.36B USD−770M USD−689M USD
Net income1.63B USD1.45B USD1.22B USD1.83B USD−961M USD

Company facts updated Aug 24, 2026.

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