Las Vegas Sands Corp.
LVS Consumer Cyclical Resorts & Casinos
Las Vegas Sands Corp.’s revenue for fiscal 2025 (year ended December 2025) was $13.0 billion, up 15.2% from fiscal 2024. In the quarter to June 2026, revenue was flat, EPS fell 19.7%, free cash flow grew 426.9% and total debt fell 3.53%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for three consecutive years, revenue growth for three.
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Las Vegas Sands Corp. (LVS) EBITDA
Las Vegas Sands Corp.'s EBITDA for fiscal 2025 was $4.4B, up 15.4% from $3.8B in fiscal 2024. Over the twelve months to 30 June 2026 it was $4.5B. Over the past ten years it has ranged from −$298.0M (fiscal 2020) to $4.9B (fiscal 2018); the current reading is higher than 73% of that period. EBITDA has risen for 3 consecutive fiscal years. Las Vegas Sands Corp. ranks 1st of 18 Resorts & Casinos companies by EBITDA.
EBITDA, annual
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Annual newest first
| Period | EBITDA | Change |
|---|---|---|
| FY2025 | $4.4B | 15.39% |
| FY2024 | $3.8B | 5.14% |
| FY2023 | $3.6B | 922.47% |
| FY2022 | $356.0M | (22.61%) |
| FY2021 | $460.0M | — |
| FY2020 | −$298.0M | — |
| FY2019 | $4.5B | (9.36%) |
| FY2018 | $4.9B | 4.61% |
| FY2017 | $4.7B | 27.61% |
| FY2016 | $3.7B | (5.82%) |
Quarterly newest first
| Period | EBITDA | Change |
|---|---|---|
| Jun 2026 | $1.0B | (22.51%) |
| Mar 2026 | $1.3B | 17.38% |
| Dec 2025 | $1.1B | (1.60%) |
| Sep 2025 | $1.1B | (5.55%) |
| 42 more quarters | Free account |
Against its own ten years
EBITDA against peers
| Company | EBITDA |
|---|---|
| LVS Las Vegas Sands Corp. | $4.5B |
| CZR Caesars Entertainment, Inc. compare | $3.6B |
| MGM MGM Resorts International compare | $2.5B |
| WYNN Wynn Resorts, Limited compare | $1.8B |
| BYD Boyd Gaming Corporation compare | $1.0B |
| HGV Hilton Grand Vacations Inc. compare | $878.0M |
| RRR Red Rock Resorts, Inc. compare | $770.6M |
| MTN Vail Resorts, Inc. compare | $726.2M |
| VAC Marriott Vacations Worldwide Corporation compare | −$7.0M |
What EBITDA is
EBITDA shows what a company earns from its operations before interest, taxes and the non-cash charges for depreciation and amortization.
Reported line item
More on LVS
- Revenue
- Net income
- EPS (diluted)
- 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
- EV/FCF
- 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
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement