Las Vegas Sands Corp
NYSE:LVS

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Las Vegas Sands Corp Logo
Las Vegas Sands Corp
NYSE:LVS
Watchlist
Price: 66.47 USD 0.06% Market Closed
Market Cap: 44.9B USD
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+207%
5Y
+221%
10Y
+0%
Operating Income
+
3Y
-
5Y
-
10Y
-12%
Net Income
+
3Y
-17%
5Y
-
10Y
-30%

Earnings Waterfall
Las Vegas Sands Corp

Revenue
12.3B USD
Cost of Revenue
-6.4B USD
Gross Profit
5.8B USD
Operating Expenses
-3.1B USD
Operating Income
2.8B USD
Other Expenses
-1.2B USD
Net Income
1.6B USD

Income Statement
Las Vegas Sands Corp

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Income Statement
Currency: USD
Sep-2004 Dec-2004 Mar-2005 Jun-2005 Sep-2005 Dec-2005 Mar-2006 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
131
138
132
118
114
96
91
96
111
136
149
180
207
245
325
359
377
422
378
355
353
322
329
341
329
307
302
296
290
283
274
268
260
259
263
267
271
271
274
275
275
274
269
266
266
265
268
266
264
274
283
298
316
327
338
352
395
446
498
548
559
449
436
407
404
523
549
593
616
621
623
627
653
702
764
812
829
818
782
758
737
727
719
727
735
Revenue
1 023
N/A
1 197
+17%
1 362
+14%
1 494
+10%
1 588
+6%
1 741
+10%
1 867
+7%
1 986
+6%
2 101
+6%
2 237
+6%
2 335
+4%
2 431
+4%
2 538
+4%
2 951
+16%
3 401
+15%
3 901
+15%
4 345
+11%
4 390
+1%
4 390
+0%
4 337
-1%
4 372
+1%
4 563
+4%
4 819
+6%
5 355
+11%
6 122
+14%
6 853
+12%
7 630
+11%
8 381
+10%
8 881
+6%
9 411
+6%
10 062
+7%
10 298
+2%
10 598
+3%
11 131
+5%
11 671
+5%
12 332
+6%
13 191
+7%
13 770
+4%
14 478
+5%
14 859
+3%
14 824
0%
14 584
-2%
13 585
-7%
12 882
-5%
12 243
-5%
11 688
-5%
11 393
-3%
11 122
-2%
11 197
+1%
11 271
+1%
11 622
+3%
12 081
+4%
12 273
+2%
12 728
+4%
13 240
+4%
13 434
+1%
13 645
+2%
13 729
+1%
13 796
+0%
13 827
+0%
13 705
-1%
12 127
-12%
9 898
-18%
6 626
-33%
3 822
-42%
2 940
-23%
2 719
-8%
3 830
+41%
4 241
+11%
4 234
0%
3 981
-6%
3 853
-3%
4 001
+4%
4 110
+3%
5 287
+29%
6 784
+28%
8 574
+26%
10 372
+21%
11 211
+8%
11 430
+2%
11 317
-1%
11 298
0%
11 201
-1%
11 615
+4%
12 264
+6%
Gross Profit
Cost of Revenue
(437)
(542)
(642)
(727)
(789)
(873)
(953)
(1 032)
(1 095)
(1 164)
(1 239)
(1 312)
(1 438)
(1 746)
(2 049)
(2 378)
(2 693)
(2 769)
(2 808)
(2 800)
(2 788)
(2 877)
(3 019)
(3 285)
(3 605)
(3 875)
(4 177)
(4 442)
(4 620)
(4 923)
(5 228)
(5 451)
(5 732)
(6 070)
(6 423)
(6 770)
(7 183)
(7 516)
(7 869)
(8 038)
(8 010)
(7 745)
(7 189)
(6 809)
(6 424)
(6 117)
(5 993)
(5 787)
(5 735)
(5 686)
(5 777)
(5 951)
(6 077)
(6 329)
(6 532)
(6 709)
(6 857)
(6 974)
(7 044)
(7 027)
(6 907)
(6 099)
(5 103)
(3 702)
(2 491)
(2 119)
(2 019)
(2 442)
(2 635)
(2 626)
(2 514)
(2 405)
(2 398)
(2 460)
(2 938)
(3 629)
(4 438)
(5 205)
(5 572)
(5 698)
(5 725)
(5 777)
(6 039)
(6 158)
(6 417)
Gross Profit
586
N/A
655
+12%
720
+10%
767
+7%
799
+4%
867
+9%
915
+5%
954
+4%
1 006
+6%
1 073
+7%
1 096
+2%
1 119
+2%
1 101
-2%
1 205
+9%
1 352
+12%
1 522
+13%
1 652
+8%
1 621
-2%
1 582
-2%
1 537
-3%
1 584
+3%
1 686
+6%
1 800
+7%
2 069
+15%
2 517
+22%
2 978
+18%
3 453
+16%
3 939
+14%
4 262
+8%
4 488
+5%
4 833
+8%
4 847
+0%
4 867
+0%
5 062
+4%
5 248
+4%
5 562
+6%
6 008
+8%
6 253
+4%
6 609
+6%
6 821
+3%
6 814
0%
6 838
+0%
6 396
-6%
6 074
-5%
5 819
-4%
5 571
-4%
5 400
-3%
5 335
-1%
5 462
+2%
5 585
+2%
5 844
+5%
6 130
+5%
6 196
+1%
6 399
+3%
6 708
+5%
6 725
+0%
6 788
+1%
6 755
0%
6 752
0%
6 800
+1%
6 798
0%
6 028
-11%
4 795
-20%
2 924
-39%
1 331
-54%
821
-38%
700
-15%
1 388
+98%
1 606
+16%
1 608
+0%
1 467
-9%
1 448
-1%
1 603
+11%
1 650
+3%
2 349
+42%
3 155
+34%
4 136
+31%
5 167
+25%
5 639
+9%
5 732
+2%
5 592
-2%
5 521
-1%
5 162
-7%
5 457
+6%
5 847
+7%
Operating Income
Operating Expenses
(405)
(423)
(443)
(453)
(359)
(377)
(401)
(427)
(455)
(496)
(538)
(600)
(737)
(874)
(1 050)
(1 232)
(1 312)
(1 412)
(1 439)
(1 484)
(1 497)
(1 536)
(1 544)
(1 593)
(1 702)
(1 743)
(1 874)
(1 948)
(2 040)
(2 088)
(2 169)
(2 299)
(2 418)
(2 604)
(2 713)
(2 741)
(2 803)
(2 834)
(2 874)
(2 906)
(2 844)
(2 732)
(2 708)
(2 659)
(2 636)
(2 695)
(2 664)
(2 762)
(2 904)
(3 004)
(3 081)
(3 076)
(2 991)
(2 915)
(2 828)
(2 763)
(2 776)
(2 854)
(3 036)
(3 092)
(3 106)
(2 582)
(2 318)
(2 094)
(1 879)
(2 141)
(2 122)
(2 185)
(2 247)
(2 270)
(2 332)
(2 332)
(2 350)
(2 433)
(2 444)
(2 562)
(2 676)
(2 827)
(2 960)
(2 987)
(3 024)
(3 069)
(2 825)
(2 936)
(3 054)
Selling, General & Administrative
(320)
(326)
(336)
(337)
(233)
(244)
(259)
(280)
(309)
(346)
(385)
(438)
(545)
(630)
(718)
(813)
(818)
(859)
(867)
(892)
(891)
(920)
(913)
(930)
(997)
(1 005)
(1 094)
(1 134)
(1 208)
(1 239)
(1 318)
(1 430)
(1 521)
(1 652)
(1 699)
(1 697)
(1 737)
(1 770)
(1 806)
(1 827)
(1 763)
(1 646)
(1 629)
(1 597)
(1 579)
(1 647)
(1 610)
(1 702)
(1 814)
(1 846)
(1 861)
(1 784)
(1 712)
(1 694)
(1 665)
(1 653)
(1 647)
(1 696)
(1 839)
(1 873)
(1 881)
(1 487)
(1 265)
(1 082)
(904)
(1 071)
(1 047)
(1 067)
(1 105)
(1 064)
(1 066)
(1 083)
(1 090)
(1 199)
(1 218)
(1 272)
(1 314)
(1 356)
(1 430)
(1 422)
(1 437)
(1 473)
(1 172)
(1 214)
(1 265)
Research & Development
(7)
(15)
(20)
(23)
(24)
(22)
(26)
(29)
(29)
(26)
(19)
(13)
(10)
(10)
(13)
(16)
(14)
(13)
(7)
(3)
(2)
(1)
(0)
(1)
(1)
(2)
(2)
(4)
(7)
(11)
(12)
(16)
(17)
(20)
(24)
(23)
(23)
(16)
(12)
(10)
(10)
(14)
(14)
(12)
(12)
(10)
(11)
(11)
(10)
(9)
(10)
(10)
(10)
(13)
(13)
(13)
(14)
(12)
(14)
(16)
(16)
(24)
(25)
(30)
(29)
(18)
(21)
(49)
(59)
(109)
(160)
(145)
(158)
(143)
(125)
(157)
(175)
(205)
(216)
(223)
(234)
(228)
(244)
(252)
(269)
Depreciation & Amortization
(77)
(81)
(87)
(93)
(101)
(110)
(115)
(119)
(117)
(124)
(133)
(149)
(182)
(234)
(319)
(402)
(480)
(541)
(565)
(590)
(604)
(616)
(631)
(663)
(703)
(736)
(778)
(811)
(825)
(838)
(839)
(853)
(880)
(932)
(990)
(1 021)
(1 043)
(1 048)
(1 056)
(1 069)
(1 071)
(1 072)
(1 065)
(1 049)
(1 045)
(1 038)
(1 043)
(1 049)
(1 079)
(1 149)
(1 211)
(1 282)
(1 269)
(1 208)
(1 150)
(1 097)
(1 115)
(1 146)
(1 183)
(1 203)
(1 209)
(1 071)
(1 028)
(982)
(946)
(1 052)
(1 054)
(1 069)
(1 083)
(1 097)
(1 106)
(1 104)
(1 102)
(1 091)
(1 101)
(1 133)
(1 187)
(1 266)
(1 314)
(1 342)
(1 353)
(1 368)
(1 409)
(1 470)
(1 520)
Operating Income
181
N/A
233
+29%
277
+19%
314
+13%
440
+40%
491
+12%
514
+5%
526
+2%
551
+5%
577
+5%
558
-3%
518
-7%
364
-30%
331
-9%
302
-9%
291
-4%
339
+17%
209
-38%
144
-31%
53
-63%
87
+64%
150
+73%
256
+71%
476
+86%
815
+71%
1 235
+51%
1 579
+28%
1 990
+26%
2 222
+12%
2 400
+8%
2 665
+11%
2 548
-4%
2 449
-4%
2 457
+0%
2 535
+3%
2 821
+11%
3 205
+14%
3 419
+7%
3 735
+9%
3 915
+5%
3 969
+1%
4 106
+3%
3 688
-10%
3 415
-7%
3 183
-7%
2 877
-10%
2 735
-5%
2 573
-6%
2 558
-1%
2 581
+1%
2 763
+7%
3 054
+11%
3 205
+5%
3 484
+9%
3 880
+11%
3 962
+2%
4 012
+1%
3 901
-3%
3 716
-5%
3 708
0%
3 692
0%
3 446
-7%
2 477
-28%
830
-66%
(548)
N/A
(1 320)
-141%
(1 422)
-8%
(797)
+44%
(641)
+20%
(662)
-3%
(865)
-31%
(884)
-2%
(747)
+15%
(783)
-5%
(95)
+88%
593
N/A
1 460
+146%
2 340
+60%
2 679
+14%
2 745
+2%
2 568
-6%
2 452
-5%
2 337
-5%
2 521
+8%
2 793
+11%
Pre-Tax Income
Interest Income Expense
(128)
(130)
(118)
(97)
(86)
(63)
(55)
(53)
(55)
(70)
(80)
(105)
(126)
(172)
(260)
(312)
(354)
(402)
(358)
(335)
(335)
(311)
(322)
(334)
(322)
(298)
(293)
(285)
(279)
(269)
(256)
(247)
(237)
(235)
(241)
(249)
(254)
(255)
(255)
(254)
(252)
(249)
(243)
(241)
(245)
(250)
(257)
(257)
(255)
(264)
(272)
(285)
(301)
(311)
(320)
(329)
(354)
(387)
(424)
(466)
(479)
(375)
(369)
(353)
(367)
(502)
(540)
(587)
(612)
(617)
(616)
(607)
(596)
(586)
(582)
(568)
(544)
(530)
(493)
(465)
(456)
(452)
(473)
(519)
(555)
Non-Reccuring Items
381
379
245
(175)
(140)
(138)
(6)
(2)
(2)
(3)
(2)
(12)
(12)
(12)
(21)
(12)
(12)
(54)
(45)
(199)
(199)
(202)
(200)
(81)
(121)
(73)
(75)
(46)
(7)
(33)
(79)
(189)
(188)
(165)
(121)
(8)
(10)
(25)
(42)
(41)
(41)
(27)
(24)
(23)
(21)
(35)
(19)
(27)
(35)
(84)
(93)
(85)
(97)
(25)
(25)
(127)
(162)
(214)
(213)
448
469
473
477
(83)
(103)
(73)
(73)
(80)
(166)
(164)
(167)
(156)
(17)
(9)
(17)
(21)
(23)
(27)
(27)
(39)
(46)
(50)
(48)
(40)
(97)
Total Other Income
(0)
(0)
(0)
(1)
(1)
(1)
(1)
0
(1)
(0)
(7)
(10)
8
(9)
6
5
(5)
19
6
10
1
(10)
(11)
(18)
(10)
(8)
(6)
2
(11)
(4)
(3)
(3)
6
6
7
9
10
4
2
0
(3)
2
22
20
36
31
(32)
(39)
(34)
31
42
25
(16)
(94)
(84)
(15)
20
26
31
7
(16)
56
116
91
93
19
(37)
(22)
(29)
(31)
(36)
(55)
(41)
(9)
(22)
1
3
(8)
21
18
25
10
15
(18)
(18)
Pre-Tax Income
434
N/A
481
+11%
404
-16%
40
-90%
213
+428%
288
+35%
453
+57%
472
+4%
494
+5%
504
+2%
468
-7%
392
-16%
234
-40%
138
-41%
28
-80%
(28)
N/A
(31)
-9%
(228)
-643%
(254)
-12%
(471)
-85%
(446)
+5%
(373)
+16%
(277)
+26%
43
N/A
363
+748%
856
+136%
1 205
+41%
1 661
+38%
1 925
+16%
2 095
+9%
2 327
+11%
2 109
-9%
2 030
-4%
2 063
+2%
2 180
+6%
2 574
+18%
2 950
+15%
3 144
+7%
3 440
+9%
3 620
+5%
3 674
+1%
3 833
+4%
3 444
-10%
3 171
-8%
2 953
-7%
2 622
-11%
2 427
-7%
2 249
-7%
2 233
-1%
2 264
+1%
2 440
+8%
2 708
+11%
2 790
+3%
3 054
+9%
3 451
+13%
3 491
+1%
3 516
+1%
3 326
-5%
3 110
-6%
3 697
+19%
3 666
-1%
3 600
-2%
2 701
-25%
485
-82%
(925)
N/A
(1 876)
-103%
(2 072)
-10%
(1 486)
+28%
(1 448)
+3%
(1 474)
-2%
(1 684)
-14%
(1 702)
-1%
(1 401)
+18%
(1 387)
+1%
(716)
+48%
5
N/A
896
+17 820%
1 775
+98%
2 180
+23%
2 259
+4%
2 091
-7%
1 960
-6%
1 831
-7%
1 944
+6%
2 123
+9%
Net Income
Tax Provision
0
14
48
37
30
(4)
(55)
(51)
(55)
(62)
(57)
(56)
(43)
(22)
(13)
(5)
14
60
62
113
40
4
(9)
(71)
(42)
(74)
(106)
(153)
(180)
(212)
(230)
(214)
(195)
(181)
(173)
(182)
(194)
(189)
(192)
(192)
(194)
(245)
(241)
(240)
(265)
(236)
(244)
(252)
(249)
(239)
(245)
(268)
(272)
(317)
(347)
(350)
(360)
(318)
(304)
(459)
(458)
(432)
(369)
(102)
(25)
(24)
(16)
(41)
(9)
5
17
(99)
(186)
(154)
(202)
(141)
(203)
(344)
(311)
(334)
(262)
(208)
(254)
(272)
(313)
Income from Continuing Operations
434
495
452
77
243
284
398
421
438
442
411
336
190
117
15
(33)
(17)
(168)
(193)
(358)
(406)
(369)
(285)
(28)
321
782
1 098
1 509
1 745
1 883
2 098
1 895
1 835
1 882
2 007
2 392
2 756
2 955
3 247
3 429
3 480
3 588
3 202
2 931
2 689
2 386
2 184
1 997
1 984
2 025
2 195
2 440
2 518
2 737
3 104
3 141
3 156
3 008
2 806
3 238
3 208
3 168
2 332
383
(950)
(1 900)
(2 088)
(1 527)
(1 457)
(1 469)
(1 667)
(1 801)
(1 587)
(1 541)
(918)
(136)
693
1 431
1 869
1 925
1 829
1 752
1 577
1 672
1 810
Income to Minority Interest
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4
4
5
6
4
8
14
(17)
(56)
(115)
(182)
(227)
(269)
(295)
(323)
(328)
(295)
(310)
(358)
(410)
(506)
(593)
(649)
(737)
(777)
(783)
(747)
(626)
(557)
(467)
(419)
(409)
(363)
(357)
(346)
(355)
(382)
(405)
(455)
(517)
(544)
(557)
(538)
(540)
(574)
(582)
(606)
(394)
(75)
227
458
472
357
318
315
352
429
444
475
376
193
(18)
(210)
(301)
(316)
(325)
(306)
(273)
(260)
(254)
Net Income (Common)
434
N/A
495
+14%
452
-9%
77
-83%
243
+216%
284
+17%
398
+40%
421
+6%
438
+4%
442
+1%
411
-7%
336
-18%
190
-43%
117
-39%
15
-88%
(29)
N/A
(12)
+57%
(189)
-1 428%
(258)
-37%
(472)
-83%
(563)
-19%
(540)
+4%
(488)
+10%
(270)
+45%
21
N/A
407
+1 886%
665
+63%
1 037
+56%
1 222
+18%
1 270
+4%
1 540
+21%
1 413
-8%
1 409
0%
1 524
+8%
1 597
+5%
1 886
+18%
2 163
+15%
2 306
+7%
2 510
+9%
2 652
+6%
2 697
+2%
2 841
+5%
2 576
-9%
2 374
-8%
2 222
-6%
1 966
-12%
1 774
-10%
1 633
-8%
1 627
0%
1 679
+3%
1 840
+10%
2 058
+12%
2 114
+3%
2 808
+33%
3 783
+35%
3 793
+0%
3 795
+0%
2 413
-36%
1 539
-36%
1 937
+26%
1 899
-2%
2 698
+42%
2 115
-22%
341
-84%
(757)
N/A
(1 685)
-123%
(1 962)
-16%
(1 334)
+32%
(1 137)
+15%
(961)
+15%
1 847
N/A
1 749
-5%
1 878
+7%
1 832
-2%
(551)
N/A
51
N/A
670
+1 214%
1 221
+82%
1 568
+28%
1 609
+3%
1 504
-7%
1 446
-4%
1 304
-10%
1 412
+8%
1 556
+10%
EPS (Diluted)
1.33
N/A
1.52
+14%
1.26
-17%
0.21
-83%
0.68
+224%
0.8
+18%
1.12
+40%
1.19
+6%
1.23
+3%
1.24
+1%
1.16
-6%
0.95
-18%
0.54
-43%
0.33
-39%
0.04
-88%
-0.08
N/A
-0.03
+63%
-0.48
-1 500%
-0.39
+19%
-0.71
-82%
-0.85
-20%
-0.82
+4%
-0.74
+10%
-0.41
+45%
0.02
N/A
0.51
+2 450%
0.82
+61%
1.28
+56%
1.51
+18%
1.56
+3%
1.89
+21%
1.73
-8%
1.71
-1%
1.85
+8%
1.93
+4%
2.28
+18%
2.62
+15%
2.79
+6%
3.07
+10%
3.27
+7%
3.35
+2%
3.52
+5%
3.22
-9%
2.96
-8%
2.78
-6%
2.47
-11%
2.23
-10%
2.05
-8%
2.05
N/A
2.11
+3%
2.32
+10%
2.6
+12%
2.67
+3%
3.54
+33%
4.78
+35%
4.8
+0%
4.82
+0%
3.06
-37%
1.98
-35%
2.5
+26%
2.46
-2%
3.49
+42%
2.76
-21%
0.44
-84%
-0.99
N/A
-2.2
-122%
-2.56
-16%
-1.74
+32%
-1.49
+14%
-1.25
+16%
2.41
N/A
2.28
-5%
2.45
+7%
2.39
-2%
-0.71
N/A
0.08
N/A
0.89
+1 013%
1.6
+80%
2.07
+29%
2.17
+5%
2.05
-6%
1.96
-4%
1.82
-7%
2.02
+11%
2.27
+12%

See Also

Summary
LVS intrinsic value, competitors valuation, and company profile.
DCF Valuation
LVS stock valuation using Discount Cash Flow valuation method.
Relative Valuation
LVS stock valuation using valuation multiples.
Wall Street Estimates
LVS price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
LVS stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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