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Friday 6 November 2026 Export LVS’s income statement to Excel — free account

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.

Revenue
−3.45%
EPS
−21.3%
Free cash flow
−34.3%
Total debt
−2.08%

Quarter to September 2026, against a year earlier

40.91 0.17 +0.42%
Market cap
$25.7B
P/E
16.7×
Fwd P/E
14.5×
Dividend yield
2.93%
F-score
8/9
Altman Z
2.68
Beneish M
−2.06
Dividend safety
59/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Las Vegas Sands Corp. (LVS) P/B ratio

Alert me on P/B ratio

Las Vegas Sands Corp. has no meaningful P/B ratio: its trailing twelve-month book value is negative. Over the past ten years it has ranged from 0.0× (November 2026) to 36.4× (July 2026) — the current reading is the lowest in ten years.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 23.3× 94.67%
FY2024 11.9× 25.18%
FY2023 9.5× (7.43%)
FY2022 10.3× (19.41%)
FY2021 12.8× (0.61%)
FY2020 12.9× 57.33%
FY2019 8.2× 34.87%
FY2018 6.1× (15.47%)
FY2017 7.2× 26.87%
FY2016 5.7× 36.27%

Quarterly newest first

Period P/B ratio Change
Sep 2026 0.0× —
Jun 2026 33.7× 50.23%
Mar 2026 22.4× (3.61%)
Dec 2025 23.3× 18.36%
43 more quarters

Against its own ten years

Low 0.0× High 36.4×
Ten-year median 7.7×
Current reading's percentile 1

P/B ratio against peers

Company P/B ratio
WYNN Wynn Resorts, Limited compare n/m
LVS Las Vegas Sands Corp. n/m
CZR Caesars Entertainment, Inc. compare 1.7×
VAC Marriott Vacations Worldwide Corporation compare 1.8×
HGV Hilton Grand Vacations Inc. compare 2.3×
BYD Boyd Gaming Corporation compare 2.3×
MGM MGM Resorts International compare 2.4×
RRR Red Rock Resorts, Inc. compare 9.5×
MTN Vail Resorts, Inc. compare 10.2×
Resorts & Casinos industry median 2.0×
Consumer Cyclical sector median 1.7×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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