Las Vegas Sands Corp. LVS

38.99 0.34 0.88% as of 25 Sep
Market cap
$25.2B
P/E
15.1×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Las Vegas Sands Corp. (LVS) Debt to equity

Las Vegas Sands Corp.'s debt to equity at the end of the quarter to 30 June 2026 was 17.0×, up 8.9× from fiscal 2025 (8.2×). Over the past ten years it has ranged from 1.1× (fiscal 2015) to 8.2× (fiscal 2025) — the current reading is the highest in ten years. That is above the Resorts & Casinos industry median of 1.9× and above the Consumer Cyclical sector median of 0.2×.

Debt to equity, annual

Annual

Period Debt to equity Change
FY2025 8.2× 87.53%
FY2024 4.4× 27.31%
FY2023 3.4× (21.78%)
FY2022 4.4× (33.59%)
FY2021 6.6× 66.27%
FY2020 4.0× 106.18%
FY2019 1.9× 8.04%
FY2018 1.8× 40.59%
FY2017 1.3× (1.26%)
FY2016 1.3× 15.32%

Quarterly

Period Debt to equity Change
Jun 2026 17.0× 74.00%
Mar 2026 9.8× 19.82%
Dec 2025 8.2× (3.39%)
Sep 2025 8.4× 21.86%
42 more quarters

Against its own ten years

Low 1.1× High 8.2×
Ten-year median 3.4×
Current reading's percentile 100

Debt to equity against peers

Company Debt to equity
WYNN Wynn Resorts, Limited compare −11.8×
BYD Boyd Gaming Corporation compare 1.0×
MGM MGM Resorts International compare 1.8×
VAC Marriott Vacations Worldwide Corporation compare 2.7×
MTN Vail Resorts, Inc. compare 3.3×
CZR Caesars Entertainment, Inc. compare 3.7×
HGV Hilton Grand Vacations Inc. compare 6.2×
RRR Red Rock Resorts, Inc. compare 12.4×
LVS Las Vegas Sands Corp. 17.0×
Resorts & Casinos industry median 1.9×
Consumer Cyclical sector median 0.2×
Market median 0.2×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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