Las Vegas Sands $LVS

Consumer Discretionary · Casinos & Gaming · NYSE/NASDAQ

$37.88
-0.14 (-0.36%)
As of Oct 20, 2026, 12:57 PM EDT
Price history
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Key facts

52-week range (closes)
$35.81 – $69.49 Lowest close Oct 7, 2026, highest Dec 1, 2025; 251 daily closes to Oct 13, 2026 from Dalsna Finance's price archive
Fiscal year ends
December Fiscal 2025 ended Dec 31, 2025, from SEC filings
In the S&P 500 since
Oct 3, 2019, replacing Nektar Therapeutics (NKTR) · Market capitalization changes. · All S&P 500 changes

Las Vegas Sands (LVS) is trading down at $37.88 (-0.36%) on NYSE/NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Consumer Discretionary sector.

Las Vegas Sands revenue & net income history (FY2016–FY2025)

RevenueNet incomeNet margin (right axis, %)
$13.7B$6.02B−$1.69BFY2016 revenue: $11.4BFY2016 net income: $1.68B · Net margin 14.7%'16FY2017 revenue: $12.9BFY2017 net income: $2.81B · Net margin 21.8%'17FY2018 revenue: $13.7BFY2018 net income: $2.41B · Net margin 17.6%'18FY2019 revenue: $12.1BFY2019 net income: $2.70B · Net margin 22.2%'19FY2020 revenue: $2.94BFY2020 net income: −$1.69B · Net margin −57.3%'20FY2021 revenue: $4.23BFY2021 net income: −$961.0M · Net margin −22.7%'21FY2022 revenue: $4.11BFY2022 net income: $1.83B · Net margin 44.6%'22FY2023 revenue: $10.4BFY2023 net income: $1.22B · Net margin 11.8%'23FY2024 revenue: $11.3BFY2024 net income: $1.45B · Net margin 12.8%'24FY2025 revenue: $13.0BFY2025 net income: $1.63B · Net margin 12.5%'25−12.3%0%25%50%75%100%FY2016 net margin: 14.7%FY2017 net margin: 21.8%FY2018 net margin: 17.6%FY2019 net margin: 22.2%FY2020 net margin: −57.3% (off the scale, which stops at −12.3%)FY2021 net margin: −22.7% (off the scale, which stops at −12.3%)FY2022 net margin: 44.6%FY2023 net margin: 11.8%FY2024 net margin: 12.8%FY2025 net margin: 12.5%
Las Vegas Sands annual financial statements
FY2016Dec 2016FY2017Dec 2017FY2018Dec 2018FY2019Dec 2019FY2020Dec 2020FY2021Dec 2021FY2022Dec 2022FY2023Dec 2023FY2024Dec 2024FY2025Dec 2025
Income statement
Revenue$11.4B$12.9B$13.7B$12.1B$2.94B$4.23B$4.11B$10.4B$11.3B$13.0B
Growth (year over year)−2.4%+12.9%+6.6%−11.7%−75.8%+44.0%−2.9%+152.4%+8.9%+15.2%
Operating income$2.50B$3.46B$3.75B$3.37B−$1.39B−$689.0M−$792.0M$2.31B$2.40B$2.82B
Operating margin21.9%26.9%27.3%27.7%−47.4%−16.3%−19.3%22.3%21.3%21.6%
Net income$1.68B$2.81B$2.41B$2.70B−$1.69B−$961.0M$1.83B$1.22B$1.45B$1.63B
Net margin14.7%21.8%17.6%22.2%−57.3%−22.7%44.6%11.8%12.8%12.5%
EPS (diluted)$2.11$3.55$3.07$3.50−$2.21−$1.26$2.40$1.60$1.96$2.35
Balance sheet
Cash and equivalents$2.13B$2.42B$4.65B$4.23B$2.08B$1.85B$6.31B$5.11B$3.65B$3.84B
Total assets$20.5B$20.7B$22.5B$23.2B$20.8B$20.1B$22.0B$21.8B$20.7B$21.9B
Total liabilities$13.0B$13.1B$15.8B$16.7B$17.3B$17.8B$18.4B$17.7B$17.5B$20.0B
Long-term debt$9.43B$9.34B$11.9B$12.4B$13.9B$14.7B$13.9B$12.1B$10.6B$14.7B
Shareholders' equity$6.18B$6.49B$5.68B$5.19B$2.97B$2.00B$3.88B$4.12B$2.88B$1.59B
Cash flow
Operating cash flow$4.04B$4.54B$4.70B$3.04B−$1.31B−$243.0M−$944.0M$3.23B$3.20B$3.02B
Capital expenditure$1.40B$837.0M$949.0M$1.02B$1.23B$828.0M$651.0M$1.02B$1.57B$1.17B
Free cash flow$2.65B$3.71B$3.75B$2.02B−$2.54B−$1.07B−$1.59B$2.21B$1.64B$1.85B
Dividends paid$2.92B$2.94B$2.98B$3.00B$911.0M$0$0$305.0M$590.0M$833.0M
Share buybacks$0$375.0M$905.0M$754.0M$0$0$0$505.0M$1.75B$2.22B

From Las Vegas Sands's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →

Las Vegas Sands vs the Consumer Discretionary sector and the S&P 500

Las Vegas Sands's latest reported figures next to the median of the other 46 S&P 500 Consumer Discretionary companies and of the other 502 S&P 500 companies; each median is taken over the companies with a comparable figure (counts in the footnote). A median is the middle value, not an average, so one very large company does not move it.

Las Vegas Sands compared with the median Consumer Discretionary company and the median S&P 500 company
MeasureLas Vegas SandsConsumer Discretionary (46 other S&P 500 companies)S&P 500 (502 other companies)
Revenue growth, latest fiscal year+15.2%+4.9%+7.0%
Net margin, latest fiscal year12.5%9.7%13.0%
Dividend per share, latest fiscal year$1.00$2.54$2.40
Share price change, 1 year−23.6%−9.2%+5.9%

Las Vegas Sands: fiscal year ended December 2025, from its 10-K and 10-Q filings with the SEC. Medians computed October 20, 2026 from each company's latest annual filing (fiscal years ending between July 2025 and September 2026) and our price archive. Prices for every company, Las Vegas Sands included, are the last regular-session prices of October 19, 2026; the 1-year change compares that price with each company's last close on or before October 20, 2025. Net margin and price change are our calculations from reported figures. Each median counts only the companies with a comparable figure (sector / S&P 500): revenue growth 46/496, net margin 46/496, dividend per share 26/349, 1-year price change 46/490; the reasons below can overlap. 12 are left out of the price figure because our archive holds no comparable close for them; dividend medians are among the 26 sector and 349 S&P 500 companies reporting a per-share dividend. The S&P 500 price figure is the middle company's change, not the index's return.

About Las Vegas Sands

Las Vegas Sands Corp. is an American casino and resort company with corporate headquarters in Las Vegas, Nevada. It was founded by Sheldon G. Adelson and his partners out of the Sands Hotel and Casino on the Las Vegas Strip. The Sands was demolished and redeveloped as The Venetian, opening in 1999. An adjacent resort, The Palazzo, opened in 2007. Both resorts were sold in 2022.

Source: Wikipedia — Las Vegas Sands

Headquarters
Las Vegas, Nevada From SEC filings, Oct 2026

Recent News (14)

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