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Performance
Past performance, measured to the Nov 6 close. Total return includes reinvested dividends.Price change only, without dividends. Compared with the S&P 500, using SPY.
LVS beat the S&P 500 in 1 of 7 periods.
LVS total returns compared with the S&P 500
Period
LVS and S&P 500
vs S&P 500
Short term
1M
LVS: ▲+13.1%up 13.1%
S&P 500: ▼−5.6%down 5.6%
▲+18.7 ptsLVS beat the S&P 500 by 18.7 percentage points Beat
3M
LVS: ▼−11.0%down 11.0%
S&P 500: ▼−4.1%down 4.1%
▼−6.9 ptsLVS trailed the S&P 500 by 6.9 percentage points Trailed
YTD
LVS: ▼−35.8%down 35.8%
S&P 500: ▲+8.7%up 8.7%
▼−44.5 ptsLVS trailed the S&P 500 by 44.5 percentage points Trailed
1Y
LVS: ▼−33.5%down 33.5%
S&P 500: ▲+10.9%up 10.9%
▼−44.4 ptsLVS trailed the S&P 500 by 44.4 percentage points Trailed
−40%−20%0%+20%
Long term
3Y
LVS: ▼−11.7%down 11.7%
S&P 500: ▲+75.0%up 75.0%
−4.1% vs +20.5% a year
▼−86.7 ptsLVS trailed the S&P 500 by 86.7 percentage points Trailed
5Y
LVS: ▲+2.6%up 2.6%
S&P 500: ▲+67.8%up 67.8%
+0.5% vs +10.9% a year
▼−65.2 ptsLVS trailed the S&P 500 by 65.2 percentage points Trailed
10Y
LVS: ▼−11.9%down 11.9%
S&P 500: ▲+313.1%up 313.1%
−1.3% vs +15.2% a year
▼−325.0 ptsLVS trailed the S&P 500 by 325.0 percentage points Trailed
0%+100%+200%+300%
$10,000 invested in LVS 10 years ago (Nov 4, 2016) would be worth about $8,812 at the close on , with dividends reinvested. The same amount in the S&P 500 would be worth about $41,313.
LVS beat the S&P 500 in 1 of 7 periods.
LVS price returns compared with the S&P 500
Period
LVS and S&P 500
vs S&P 500
Short term
1M
LVS: ▲+12.2%up 12.2%
S&P 500: ▼−5.6%down 5.6%
▲+17.8 ptsLVS beat the S&P 500 by 17.8 percentage points Beat
3M
LVS: ▼−11.7%down 11.7%
S&P 500: ▼−4.3%down 4.3%
▼−7.4 ptsLVS trailed the S&P 500 by 7.4 percentage points Trailed
YTD
LVS: ▼−37.4%down 37.4%
S&P 500: ▲+7.8%up 7.8%
▼−45.2 ptsLVS trailed the S&P 500 by 45.2 percentage points Trailed
1Y
LVS: ▼−35.1%down 35.1%
S&P 500: ▲+9.7%up 9.7%
▼−44.8 ptsLVS trailed the S&P 500 by 44.8 percentage points Trailed
−40%−20%0%+20%
Long term
3Y
LVS: ▼−17.2%down 17.2%
S&P 500: ▲+68.8%up 68.8%
−6.1% vs +19.1% a year
▼−86.0 ptsLVS trailed the S&P 500 by 86.0 percentage points Trailed
5Y
LVS: ▼−4.5%down 4.5%
S&P 500: ▲+56.9%up 56.9%
−0.9% vs +9.4% a year
▼−61.4 ptsLVS trailed the S&P 500 by 61.4 percentage points Trailed
10Y
LVS: ▼−31.1%down 31.1%
S&P 500: ▲+252.6%up 252.6%
−3.7% vs +13.4% a year
▼−283.7 ptsLVS trailed the S&P 500 by 283.7 percentage points Trailed
0%+100%+200%+300%
$10,000 invested in LVS 10 years ago (Nov 4, 2016) would be worth about $6,894 at the close on , not counting dividends. The same amount in the S&P 500 would be worth about $35,257.
All-time high
$144.56
Closing high on . Now 71.8% below that record.
Split-adjusted daily closes since Dec 15, 2004.
Stock splits
LVS hasn’t split since its price history begins in 2004.
Valuation
The Nov 6 close compared with the last 12 months of reported results (the four quarters to Sep 30, 2026). Tap a metric to see how it’s calculated.
Price-to-earnings (P/E)
16.7×The Nov 6 close ÷ diluted EPS over the last 12 months ($2.44)
Median 22.4×
5-yr low 12.5×5-yr high 913.2×
The range covers daily P/E ratios from Oct 28, 2021 to Nov 6, 2026, each based on the previous 12 months of earnings.
LVS trades at 16.7× its earnings over the last 12 months, below its 5-year median of 22.4×. In plain terms, buyers are paying about $17 for each $1 of profit from the past year. How to read P/E
Other valuation measures
1.9×Last 12 months’ revenue
Market value divided by revenue over the last 12 months. Useful when earnings are small or negative.
The P/E divided by the growth in diluted EPS over the last 12 months (+10.4% on the 12 months before). It looks backward: near 1 means the P/E roughly matches last year’s growth. Sites that use analysts’ growth forecasts show a different PEG.
PEG = P/E ÷ EPS growth (%) = 16.7 ÷ 10.4
9.14%Last 12 months’ free cash flow
Free cash flow over the last 12 months as a share of the company’s market value: the cash the business generated for each dollar of stock.
What it would cost to buy the whole business: the market cap at the Nov 6 close, plus debt, minus cash and short-term investments from the Sep 30, 2026 balance sheet.
Reported results, not forecasts. From company filings via Tiingo; the latest report is Q3 FY26, the quarter ended Sep 30, 2026. “Last 12 months” means the four quarters from Oct 1, 2025 to Sep 30, 2026, and balance-sheet figures are as of Sep 30, 2026.
Charts
Revenue and net income
Revenue
Net income
Last 12 months, with the change from the 12 months before
Revenue
$13.60B▲+10.9%up 10.9%
Net income
$1.61B▲+3.6%up 3.6%
Diluted EPS
$2.44▲+10.4%up 10.4%
Last 8 fiscal quartersData table
LVS quarterly results
Period
Revenue
Net income
Diluted EPS
Q4 FY24 (Dec 31, 2024)
$2.90B
$324.00M
$0.45
Q1 FY25 (Mar 31, 2025)
$2.86B
$352.00M
$0.49
Q2 FY25 (Jun 30, 2025)
$3.18B
$461.00M
$0.66
Q3 FY25 (Sep 30, 2025)
$3.33B
$419.00M
$0.61
Q4 FY25 (Dec 31, 2025)
$3.65B
$395.00M
$0.58
Q1 FY26 (Mar 31, 2026)
$3.59B
$567.00M
$0.85
Q2 FY26 (Jun 30, 2026)
$3.15B
$346.00M
$0.53
Q3 FY26 (Sep 30, 2026)
$3.22B
$304.00M
$0.48
LVS annual results
Period
Revenue
Net income
Diluted EPS
FY21 (Dec 31, 2021)
$4.23B
−$961.00M
−$1.26
FY22 (Dec 31, 2022)
$4.11B
$1.83B
$2.40
FY23 (Dec 31, 2023)
$10.37B
$1.22B
$1.60
FY24 (Dec 31, 2024)
$11.30B
$1.45B
$1.96
FY25 (Dec 31, 2025)
$13.02B
$1.63B
$2.35
Margins
Gross 47.5%
Operating 20.6%
Net 11.8%
The percentages above the chart cover the last 12 months; the lines show each quarter. What margins tell you
Cash flow
$2.41BLast 12 months
Cash from operations minus capital spending: the cash left after the business maintains and grows its assets.
Free cash flow as a share of revenue, both over the last 12 months.
Shareholder returns
$2.72BLast 12 months
Cash spent repurchasing shares, net of shares issued. Buybacks shrink the share count, so each remaining share owns more of the company.
Dividends paid$892.00MLast 12 months
Total returned$3.62BLast 12 months 150% of free cash flow
Balance sheet
Cash
Debt
$2.98BAs of Sep 30, 2026
Cash plus short- and long-term marketable securities on the Sep 30, 2026 balance sheet.
Total debt$15.44BAs of Sep 30, 2026
Net debt$12.46BAs of Sep 30, 2026
0.83As of Sep 30, 2026
Current assets divided by current liabilities on the Sep 30, 2026 balance sheet. Above 1 means short-term assets cover the bills due within a year.
Current ratio = Current assets ÷ Current liabilitiesCurrent ratio
Financial strength
6 of 9Last 12 months vs the 12 before
A 0–9 checklist from accounting professor Joseph Piotroski. Each test compares the last 12 months with the 12 months before and scores a point if it passes. 8–9 is strong; 0–2 is weak.
✓Net income was positive: passed
✓Operating cash flow was positive: passed
✓Return on assets improved: passed
✓Operating cash flow exceeded net income: passed
✗Long-term debt fell relative to assets: not passed
Over the last 12 months, Las Vegas Sands’s net income was 213.2% of its shareholders’ equity (averaged over the last four quarter-ends). It describes the past year, not an expected return. ROE can run this high when equity is small, for example after years of large share buybacks.
Over the last 12 months, Las Vegas Sands’s net income was 7.8% of its total assets (averaged over the last four quarter-ends): what the business earned on everything it owns.
ROA = Net income (last 12 months) ÷ Average total assets
Dividends
Cash dividends per share by ex-dividend year, adjusted for splits.
Dividends per share
Full year
Year to date
By ex-dividend date, split-adjustedData table
LVS dividends per share by year
Year
Per share
2016
$2.88
2017
$2.92
2018
$3.00
2019
$3.08
2020
$0.79
2021
$0.000
2022
$0.000
2023
$0.40
2024
$0.80
2025
$1.00
2026 (to date)
$1.20
Dividend details
$1.20Per share, last 12 months
Cash dividends per share with ex-dividend dates in the last 12 months.
2.95%; 5-yr low 0.34%, 5-yr high 3.80%Last 12 months
Dividends paid over the last 12 months as a share of the Nov 6 close. The bar shows where that yield sits in its range over the past five years; the median was 1.82%.
5-yr low 0.34%5-yr high 3.80%
$0.30Ex-dividend
The most recent payment per share. Shares bought on or after the ex-dividend date don’t receive it.
FrequencyQuarterly4 payments in the last 12 months
1 yearThrough 2025
How many calendar years in a row the full-year amount has risen, through 2025.
49.2%Last 12 months
The share of earnings paid out as dividends over the last 12 months. Lower ratios leave more room to reinvest or raise the dividend.
LVS ) Sands is the leading global developer and operator of integrated resorts. The company's iconic properties drive valuable leisure and business tourism and deliver significant economic benefits, sustained job creation, financial opportunities for local businesses and community investment to help make its host regions ideal places to live, work and visit. Sands' portfolio of properties includes Marina Bay Sands ® in Singapore and The Venetian® Macao, The Londoner Macao ®, The Parisian® Macao, The Plaza® Macao and Four Seasons® Hotel Macao, and Sands® Macao in Macao SAR, China, through majority ownership in Sands China Ltd. Dedicated to being a leader in corporate responsibility, Sands is anchored by the core tenets of serving people, communities and the planet. The company's ESG leadership has led to inclusion on the Dow Jones Best-in-Class Indices for World and North America, as well as Fortune's list of the World's Most Admired Companies. About Sands China Ltd. Sands China Ltd. (Sands China or the Company) is incorporated in the Cayman Islands with limited liability and is listed on The Stock Exchange of Hong Kong Limited (HKEx: 1928). Sands China is the largest operator of integrated resorts in Macao. The Company's integrated resorts on the Cotai Strip comprise The Venetian® Macao, The Plaza® Macao, The Parisian Macao and The Londoner® Macao. The Company also owns and operates Sands® Macao on the Macao peninsula. The Company's portfolio features a diversified mix of leisure and business attractions and transportation operations, including large meeting and convention facilities; a wide range of restaurants; shopping malls; world-class entertainment at The Venetian Arena, The Londoner Arena, The Venetian Theatre, The Parisian Theatre, the Londoner Theatre and the Sands Theatre; and a high-speed Cotai Water Jet ferry service between Hong Kong and Macao. The Company's Cotai Strip portfolio has the goal of contributing to Macao's transformation into a world centre of tourism and leisure. Sands China is a subsidiary of global resort developer Las Vegas Sands Corp..
Even though Las Vegas Sands has lagged behind the broader market over the past 52 weeks, Wall Street analysts remain moderately optimistic about the stock's prospects.
Las Vegas Sands (LVS) traded at $40.73 at the close on , down $0.19 (0.46%) from the previous close of $40.92. Over the past 52 weeks it has traded between $35.03 and $70.45.
If you invested $1,000 in LVS 10 years ago, how much would you have now?
With dividends reinvested, $1,000 invested in LVS on would be worth about $881 at the close on , a total return of −11.9%. The same $1,000 would be worth $1,026 if invested five years ago, $665 if invested one year ago, and $886 if invested 20 years ago. Past performance doesn’t predict future returns.
What is Las Vegas Sands’s market cap?
Las Vegas Sands’s market capitalization is about $26.4 billion. That’s Tiingo’s daily market cap for , at that day’s closing price of $40.73 (how market cap works). Las Vegas Sands reported 647.70M shares outstanding at the end of its latest quarter ().
What is LVS’s P/E ratio?
LVS trades at 16.7 times its diluted earnings over the four quarters to ($2.44 per share), at the close. Over the past five years its P/E has ranged from 12.5 to 913.2, with a median of 22.4. (How the P/E ratio works.)
How much revenue does Las Vegas Sands make?
Las Vegas Sands reported $13.6 billion of revenue over the four quarters to , up 10.9% from the twelve months before. In its latest quarter (Q3 FY26, ended ) revenue was $3.2 billion, down 3.5% from a year earlier.
Is Las Vegas Sands profitable?
Yes. Las Vegas Sands earned $1.6 billion of net income over the four quarters to , a net margin of 11.8%, and its operating margin was 20.6% (what margins tell you).
What are LVS’s earnings per share?
LVS’s diluted earnings per share were $2.44 over the four quarters to , compared with $2.21 in the twelve months before. The latest quarter (Q3 FY26) brought $0.48 per share, against $0.61 a year earlier (how EPS works).
Does LVS pay a dividend?
Yes. Las Vegas Sands pays a quarterly dividend. The most recent was $0.30 per share, with an ex-dividend date of . Over the last twelve months it paid $1.20 per share, a 2.95% yield at the close (how dividend yield works).
Based on the last 12 months’ payments ($1.20 per share), and if the next 12 months match the last 12, 100 shares would receive about $120 over 12 months, and $1,000 over 12 months would take about 834 shares, roughly $33,969 at the close. Dividends can change.
What is LVS’s 52-week high and low?
Over the past 52 weeks LVS has traded as low as $35.03 and as high as $70.45. At $40.73 at the close on , it is 42.2% below that high and 16.3% above the low.
What is LVS’s all-time high?
LVS’s highest closing price was $144.56 on , adjusted for stock splits. At $40.73 at the close on , it is 71.8% below that record.
Has LVS stock ever split?
No. LVS hasn’t split since its price history begins in 2004.
How has LVS stock performed?
Including dividends and measured to the close on , LVS has returned −35.8% so far this year and −33.5% over the past year, and +2.6% over five years (+0.5% a year). Over the same periods the S&P 500, measured by SPY, returned +8.7%, +10.9% and +67.8%. Past performance doesn’t predict future returns.
What sector and industry is Las Vegas Sands in?
Las Vegas Sands is in the Consumer Cyclical sector and the Resorts & Casinos industry, and is headquartered in Nevada, USA.
What exchange does LVS trade on?
Las Vegas Sands trades on the NYSE under the ticker symbol LVS. Its price history on this dashboard begins on .
Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
About this data. Data sourced by Tiingo (opens in a new tab). The live price is Tiingo’s real-time price, based on IEX trades and quotes; intraday charts show IEX trades, and volume figures are consolidated totals for completed sessions. Prices are split-adjusted, and total returns assume dividends are reinvested. Financials come from company filings and can lag new reports. Times are Eastern.
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