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) Return on equity
Las Vegas Sands Corp.'s return on equity over the twelve months to 30 June 2026 was 108.7%, up 44.8 percentage points from fiscal 2025 (63.9%). Over the past ten years it has ranged from −33.6% (fiscal 2020) to 63.9% (fiscal 2025) — the current reading is the highest in ten years. That is above the Resorts & Casinos industry median of 5.28% and above the Consumer Cyclical sector median of 3.64%.
Return on equity, annual
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Annual newest first
| Period | Return on equity | Change (points) |
|---|---|---|
| FY2025 | 63.9% | 24.07 |
| FY2024 | 39.8% | 8.34 |
| FY2023 | 31.5% | (30.59) |
| FY2022 | 62.1% | 95.28 |
| FY2021 | −33.2% | 0.33 |
| FY2020 | −33.6% | (74.27) |
| FY2019 | 40.7% | 7.14 |
| FY2018 | 33.6% | (3.56) |
| FY2017 | 37.1% | 16.04 |
| FY2016 | 21.1% | (1.45) |
Against its own ten years
Return on equity against peers
| Company | Return on equity |
|---|---|
| LVS Las Vegas Sands Corp. | 108.7% |
| BYD Boyd Gaming Corporation compare | 93.4% |
| RRR Red Rock Resorts, Inc. compare | 57.4% |
| MTN Vail Resorts, Inc. compare | 22.5% |
| MGM MGM Resorts International compare | 11.8% |
| HGV Hilton Grand Vacations Inc. compare | 10.4% |
| CZR Caesars Entertainment, Inc. compare | −12.1% |
| VAC Marriott Vacations Worldwide Corporation compare | −14.7% |
| WYNN Wynn Resorts, Limited compare | −42.5% |
| Resorts & Casinos industry median | 5.28% |
| Consumer Cyclical sector median | 3.64% |
| Market median | 1.35% |
What Return on equity is
ROE shows how much profit a company earns for its shareholders on the equity they have in the business.
Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)
More on LVS
- Revenue
- Net income
- EPS (diluted)
- 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
- EV/FCF
- 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