Las Vegas Sands Corp. LVS
- Market cap
- $25.2B
- P/E
- 15.1×
Follow LVS
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 34.88 | 51.35 | 47.39 | 50.89 | 33.30 | 33.75 | 28.88 | 43.77 | 36.62 | 30.18 |
Analyst estimates 2026–2028 Powerpack |
Low Price
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| 63.38 | 72.20 | 81.45 | 70.34 | 74.29 | 66.77 | 49.73 | 65.58 | 56.61 | 70.45 |
High Price
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| 49,000 | 50,500 | 51,500 | 50,000 | 44,500 | 44,700 | 35,700 | 38,700 | 40,300 | 41,500 |
Employees
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| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Revenue/Emp
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| 11,271 | 12,728 | 13,729 | 12,127 | 2,940 | 4,234 | 4,110 | 10,372 | 11,298 | 13,017 |
Revenue
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| 49.55% | 50.27% | 49.20% | 49.71% | 27.93% | 37.98% | 40.15% | 49.82% | 48.87% | 49.79% |
Gross Margin
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| 2,264 | 3,054 | 3,326 | 3,600 | (1,876) | (1,474) | (1,387) | 1,775 | 1,960 | 2,213 |
EBT
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| 20.09% | 23.99% | 24.23% | 29.69% | (63.81%) | (34.81%) | (33.75%) | 17.11% | 17.35% | 17.00% |
EBT Margin
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| 2,025 | 3,263 | 2,951 | 3,168 | (1,900) | (1,469) | (1,541) | 1,431 | 1,752 | 1,866 |
Net Income
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| 1,189 | 1,246 | 1,176 | 1,101 | 1,095 | 1,149 | 1,148 | 1,327 | 1,425 | 1,598 |
Depreciation
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| 14.18 | 16.07 | 17.47 | 15.73 | 3.85 | 5.54 | 5.38 | 13.59 | 15.37 | 18.84 |
Revenue/Sh
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| 2.10 | 3.54 | 3.07 | 3.50 | (2.21) | (1.26) | 2.40 | 1.62 | 1.97 | 2.35 |
Earnings/Sh
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| 5.09 | 5.74 | 5.98 | 3.64 | (1.56) | (0.32) | (1.24) | 4.23 | 4.36 | 4.37 |
Cash Flow/Sh
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| (1.81) | (1.04) | (1.18) | (1.38) | (1.60) | (1.09) | (1.01) | (1.64) | (2.15) | (1.79) |
Capex/Sh
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| 3.28 | 4.70 | 4.80 | 2.25 | (3.16) | (1.41) | (2.24) | 2.59 | 2.21 | 2.59 |
Free CF/Sh
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| 9.43 | 9.63 | 8.58 | 8.44 | 4.63 | 2.94 | 4.79 | 5.38 | 4.30 | 2.80 |
Book Value/Sh
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| 795 | 792 | 786 | 771 | 764 | 764 | 764 | 763 | 735 | 691 |
Shares
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| 25.40 | 19.52 | 17.01 | 19.73 | 0.00 | 0.00 | 20.55 | 32.08 | 26.07 | 27.70 |
PE Ratio
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| 3.76 | 4.30 | 2.98 | 4.39 | 15.49 | 6.79 | 9.17 | 3.78 | 3.34 | 3.46 |
PS Ratio
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| 5.66 | 7.18 | 6.07 | 8.18 | 12.87 | 12.79 | 10.31 | 9.54 | 11.95 | 23.26 |
PB Ratio
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| 4.42 | 4.87 | 3.51 | 5.07 | 19.54 | 9.84 | 11.52 | 4.64 | 4.24 | 4.37 |
EV/Sales
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| 19.15 | 16.86 | 12.95 | 35.39 | (23.26) | (38.77) | (27.61) | 24.37 | 29.45 | 31.85 |
EV/FCF
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| 4,044 | 4,543 | 4,701 | 2,803 | (1,191) | (243) | (944) | 3,227 | 3,204 | 3,023 |
Op' Cash Flow
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| (1,440) | (822) | (930) | (1,066) | (1,226) | (832) | (771) | (1,254) | (1,579) | (1,236) |
Capex
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| 2,604 | 3,721 | 3,771 | 1,737 | (2,417) | (1,075) | (1,715) | 1,973 | 1,625 | 1,787 |
FCF
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| 292 | 241 | 2,409 | 2,081 | 2,891 | 2,945 | 2,842 | 1,355 | (1,511) | 610 |
Working Cap'
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| 9,595 | 9,640 | 11,985 | 12,492 | 14,004 | 14,795 | 15,978 | 14,029 | 13,752 | 15,784 |
Total Debt
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| 7,457 | 7,210 | 7,324 | 8,250 | 11,906 | 12,925 | 9,667 | 8,924 | 10,102 | 11,943 |
Net Debt
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| 7,496 | 7,627 | 6,745 | 6,507 | 3,538 | 2,248 | 3,656 | 4,104 | 3,160 | 1,934 |
Sh' Equity
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| 8.12% | 13.65% | 11.16% | 11.80% | (7.66%) | (4.70%) | 8.70% | 5.57% | 6.81% | 7.64% |
ROA
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| 10.46% | 14.59% | 16.66% | 14.25% | (5.64%) | (2.84%) | (3.72%) | 11.10% | 11.32% | 12.69% |
ROIC
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| 21.10% | 37.14% | 33.58% | 40.72% | (33.55%) | (33.22%) | 62.06% | 31.47% | 39.81% | 63.88% |
ROE
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Las Vegas Sands Corp. peers in Resorts & Casinos
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| MGM MGM Resorts International | $8.5B | 19.4× | Compare |
| WYNN Wynn Resorts, Limited | $8.4B | 18.6× | Compare |
| CZR Caesars Entertainment, Inc. | $6.0B | 0.0× | Compare |
| RRR Red Rock Resorts, Inc. | $5.4B | 17.5× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| BYD Boyd Gaming Corporation | $5.2B | 3.1× | Compare |
| MTN Vail Resorts, Inc. | $4.9B | 30.9× | Compare |
| VAC Marriott Vacations Worldwide Corporation | $3.5B | 0.0× | Compare |
| HGV Hilton Grand Vacations Inc. | $2.7B | 20.1× | Compare |
LVS metrics, ten years each
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
Las Vegas Sands Corp. (LVS) key facts
- Las Vegas Sands Corp. (LVS) is a Resorts & Casinos company in the Consumer Cyclical sector, listed on the New York Stock Exchange.
- Las Vegas Sands Corp.’s revenue for fiscal 2025 (year ended December 2025) was $13.0 billion, up 15.2% from fiscal 2024.
- Net income was $1.9 billion, or $2.35 per share (basic), a net margin of 12.5%.
- As of September 25, 2026, LVS traded at $38.99, a market capitalization of $25.2 billion.
- At that price the stock trades at 15.1× trailing-twelve-month earnings and 1.9× sales.
- Las Vegas Sands Corp. pays an annual dividend of $0.20 per share, a yield of 1.27%.
- Return on equity was 63.9% and debt-to-equity 17.01.
Las Vegas Sands Corp. (LVS) Latest News
15 Aug
Las Vegas Sands missed earnings, prompting questions on whether the stock now trades below fair value. Earnings miss may influence short-term market sentiment and valuation views for Las Vegas Sands.
26 Jul
Las Vegas Sands reported softer Q2 earnings but announced a larger share buyback that could alter the investment case for the stock. Softer earnings point to revenue pressure while a larger buyback may offer limited stock support without shifting long-term trajectory.
Las Vegas Sands reports weak earnings amid heavy resort investments, prompting questions over whether the stock is undervalued. Weak earnings paired with major resort spending can moderately shift near-term investor sentiment and valuation views for Las Vegas Sands.
24 Jul
Las Vegas Sands launches massive property upgrade cycle targeting premium travelers to drive revenue growth and market positioning. Massive upgrade cycle represents major capital investment that can significantly shift revenue mix toward premium segments and alter competitive standing.
Las Vegas Sands Corp. posted weak quarterly results that prompted analysts to cut earnings estimates and raised doubts over whether LVS stock is still worth buying. Weak quarter and lowered estimates indicate moderate pressure on Las Vegas Sands financial trajectory and near-term investor sentiment.
23 Jul
Las Vegas Sands Corp reported strong Singapore performance in its Q2 2026 earnings call. Strong Singapore results signal improved operational performance that may influence near-term financials and sentiment.
22 Jul
Las Vegas Sands Corp. released Q2 earnings call highlights detailing financial results, operational updates and strategic outlook. Q2 earnings and call highlights directly shape investor views and near-term stock movement for Las Vegas Sands.
Las Vegas Sands reported Q2 earnings with key metrics compared to estimates. Q2 earnings metrics versus estimates can shift short-term investor sentiment on financial results.
Las Vegas Sands missed Q2 earnings and revenue estimates. Missing earnings estimates affects near-term financial performance and stock price but does not alter long-term operations.
20 Jul
Las Vegas Sands Corp. prepares to report Q2 earnings with market forecasts and expectations for upcoming financial results. Q2 earnings release carries potential to substantially shift LVS stock valuation and investor outlook.
11 Jul
Las Vegas Sands (LVS) stock may be 18% overvalued amid ongoing revenue pressure in Macau. Macau revenue pressure directly affects LVS valuation and near-term stock performance.
10 Jul
LVS trades at equivalent valuation to peers yet runs a stronger business with better growth outlook in core casino markets. Valuation comparison may lift near-term investor sentiment without altering core operations.
29 Jun
Las Vegas Sands Corp. prepares to release quarterly earnings with focus on revenue, EPS estimates and operational trends in Macau and Las Vegas properties amid ongoing recovery. Preview of upcoming earnings can moderately shift near-term investor sentiment around financial results.
22 Jun
Sands China drives MICE development to advance Macao's economic diversification. Sands China MICE initiatives support Macao diversification and moderately affect LVS Macao performance.
Sands China advances Macao economic diversification via MICE development initiatives. MICE push in Macao supports LVS core operations with moderately noticeable but non-transformative effects.
2 Jun
MGM’s $18B bid highlights Las Vegas Sands undervaluation in the market. MGM bid signals higher valuation for Las Vegas Sands and can shift investor sentiment and stock trajectory.
Las Vegas Sands shows strong growth characteristics driven by market positioning and operational factors supporting future expansion. Positive growth analysis can moderately lift near-term investor sentiment without altering core operations.
28 May
Las Vegas Sands Corp. appointed a new Chairman and CEO who outlined strategic priorities to corporate team members. Leadership transition with new priorities may moderately shape operations and market views.
22 May
Las Vegas Sands shares declined 4.8% since the latest earnings release amid investor reaction to reported results and related operational factors. Post-earnings stock movement reflects moderate effects on near-term market sentiment and financial perceptions.
11 May
Las Vegas Sands (LVS) qualifies as a top growth stock for long-term investment due to strong fundamentals, expanding international presence, and recovering travel demand. Bullish long-term growth designation moderately boosts investor sentiment and highlights operational strengths without transformative events.
27 Apr
Las Vegas Sands (LVS) emerges as a top momentum stock for long-term investment, driven by robust performance metrics, positive industry trends, and strong growth potential in key markets. Momentum stock endorsement signals moderate boost to investor sentiment and performance outlook without transformative operational changes.
24 Apr
Las Vegas Sands Q1 earnings call highlighted financial results showing revenue growth driven by Macao recovery and strong Singapore performance, with management discussing expansion plans, dividend increases, and positive outlook amid tourism rebound. Q1 earnings highlights detail financial performance, strategic updates, and forward guidance that significantly sway LVS investor sentiment and stock trajectory.
Las Vegas Sands (LVS) stock plunged 8.4% despite strong Q1 results and completion of share buybacks, prompting debate on whether the bullish investment thesis has shifted. Strong Q1 earnings and buybacks signal solid financials, but 8.4% stock drop highlights moderate influence on investor sentiment and short-term performance.
Las Vegas Sands (LVS) valuation appears favorable after Q1 2026 earnings momentum and robust capital returns to shareholders. Q1 2026 earnings momentum and capital returns positively affect LVS financial performance and investor sentiment without fundamentally altering long-term trajectory.
23 Apr
Las Vegas Sands Corp. (LVS) Q1 earnings beat estimates, with revenues rising 25% year-over-year driven by strong growth in the Macao business segment. Earnings beat and 25% YoY revenue growth from MBS highlight robust financial recovery and operational strength boosting investor confidence.
Marina Bay Sands propelled Las Vegas Sands Corp. revenue up 28% due to a VIP gaming surge. 28% revenue boost from Marina Bay Sands VIP surge significantly lifts LVS financial performance and investor outlook.
Las Vegas Sands Corp (LVS) Q1 2026 earnings call highlights strong EBITDA growth and strategic initiatives amid robust financial performance. Strong EBITDA growth and strategic initiatives signal major positive shifts in financial health and market positioning for LVS.
22 Apr
Las Vegas Sands (LVS) Q1 earnings key metrics indicate strong revenue growth in Macau and Singapore, robust adjusted property EBITDAR, but highlight challenges with operating margins and regional dependencies. Q1 earnings metrics reveal significant revenue beats and margin improvements that could boost investor confidence and stock trajectory.
Las Vegas Sands Corp. released Q1 2026 earnings call summary detailing financial results, operational performance, and future outlook. Quarterly earnings call summaries provide key financial updates that moderately influence LVS stock performance and investor sentiment.
Key metrics from Las Vegas Sands (LVS) Q1 earnings reveal insights into company performance. Q1 earnings metrics moderately influence financial performance views and investor sentiment.