Las Vegas Sands Corp LVS Stock Analysis
- NYSE
- Stock
- Market closed · opens Monday 9:30 AM ET
$38.01 down $0.31, 0.81% at close Oct 16
Last close · Previous close $38.32
- Market cap
- At the Oct 16 close
- P/E ratio
- 14.79On last 12 months’ EPS
- Diluted EPS
- $2.57Last 12 months
- Dividend yield
- 3.03%Last 12 months
Price chart
$38.01down $0.31, 0.81%Fri, Oct 16 session
Use the left and right arrow keys to move along the chart.
Price data
Trading
- Previous close$38.32Oct 15
- Volume7.49MOct 16 session
Shares traded on all US exchanges in the last completed session. Live intraday volume covers IEX only, so it is left out.
- Avg. volume6.12MLast 21 sessions
The average daily shares traded over the last 21 trading sessions, about one calendar month.
- 52-week range: $35.28 to $70.45; now $38.01
The lowest and highest trades over the past 52 weeks, adjusted for splits. The marker shows the latest price.
Member SIPC.Low CommissionsLearn More (opens in a new tab)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.
Performance
Past performance, measured to the Oct 16 close. Total return includes reinvested dividends.Price change only, without dividends. Compared with the S&P 500, using SPY.
LVS trailed the S&P 500 in all 7 periods.
| Period | LVS and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | LVS: down 7.4% S&P 500: up 1.5% | LVS trailed the S&P 500 by 8.9 percentage points Trailed |
| 3M | LVS: down 16.3% S&P 500: up 1.9% | LVS trailed the S&P 500 by 18.2 percentage points Trailed |
| YTD | LVS: down 40.6% S&P 500: up 12.8% | LVS trailed the S&P 500 by 53.4 percentage points Trailed |
| 1Y | LVS: down 21.0% S&P 500: up 16.8% | LVS trailed the S&P 500 by 37.8 percentage points Trailed |
| Long term | ||
| 3Y | LVS: down 11.1% S&P 500: up 81.5% −3.8% vs +22.0% a year | LVS trailed the S&P 500 by 92.6 percentage points Trailed |
| 5Y | LVS: up 1.0% S&P 500: up 83.1% +0.2% vs +12.9% a year | LVS trailed the S&P 500 by 82.1 percentage points Trailed |
| 10Y | LVS: down 16.5% S&P 500: up 319.6% −1.8% vs +15.4% a year | LVS trailed the S&P 500 by 336.1 percentage points Trailed |
$10,000 invested in LVS 10 years ago (Oct 14, 2016) would be worth about $8,350 at the close on , with dividends reinvested. The same amount in the S&P 500 would be worth about $41,964.
LVS trailed the S&P 500 in all 7 periods.
| Period | LVS and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | LVS: down 7.4% S&P 500: up 1.2% | LVS trailed the S&P 500 by 8.6 percentage points Trailed |
| 3M | LVS: down 16.8% S&P 500: up 1.7% | LVS trailed the S&P 500 by 18.5 percentage points Trailed |
| YTD | LVS: down 41.6% S&P 500: up 11.9% | LVS trailed the S&P 500 by 53.5 percentage points Trailed |
| 1Y | LVS: down 22.6% S&P 500: up 15.5% | LVS trailed the S&P 500 by 38.1 percentage points Trailed |
| Long term | ||
| 3Y | LVS: down 16.3% S&P 500: up 75.0% −5.7% vs +20.5% a year | LVS trailed the S&P 500 by 91.3 percentage points Trailed |
| 5Y | LVS: down 5.2% S&P 500: up 71.2% −1.1% vs +11.4% a year | LVS trailed the S&P 500 by 76.4 percentage points Trailed |
| 10Y | LVS: down 34.2% S&P 500: up 258.1% −4.1% vs +13.6% a year | LVS trailed the S&P 500 by 292.3 percentage points Trailed |
$10,000 invested in LVS 10 years ago (Oct 14, 2016) would be worth about $6,584 at the close on , not counting dividends. The same amount in the S&P 500 would be worth about $35,813.
All-time high
$144.56
Closing high on . Now 73.7% 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
Financials
Reported results, not forecasts. From company filings via Tiingo; the latest report is Q2 FY26, the quarter ended Jun 30, 2026. “Last 12 months” means the four quarters from Jul 1, 2025 to Jun 30, 2026, and balance-sheet figures are as of Jun 30, 2026.
Revenue and net income
Last 12 months, with the change from the 12 months before
- Revenue
- $13.72Bup 18.1%
- Net income
- $1.73Bup 22.3%
- Diluted EPS
- $2.57up 29.8%
Data table
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| Q3 FY24 (Sep 30, 2024) | $2.68B | $275.00M | $0.38 |
| 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 |
| 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 48.5%
- Operating 21.3%
- Net 12.6%
The percentages above the chart cover the last 12 months; the lines show each quarter. What margins tell you
Cash flow
- $2.72BLast 12 months
Cash from operations minus capital spending: the cash left after the business maintains and grows its assets.
FCF = Operating cash flow − Capital spendingFree cash flow - Operating cash flow$3.73BLast 12 months
- Capital spending$1.02BLast 12 months
- 19.8%Last 12 months
Free cash flow as a share of revenue, both over the last 12 months.
Shareholder returns
- $2.27BLast 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$938.00MLast 12 months
- Total returned$3.21BLast 12 months
118% of free cash flow
Balance sheet
- $3.50BAs of Jun 30, 2026
Cash plus short- and long-term marketable securities on the Jun 30, 2026 balance sheet.
- Total debt$15.26BAs of Jun 30, 2026
- Net debt$11.76BAs of Jun 30, 2026
- 1.00As of Jun 30, 2026
Current assets divided by current liabilities on the Jun 30, 2026 balance sheet. Above 1 means short-term assets cover the bills due within a year.
Current ratio = Current assets ÷ Current liabilitiesCurrent ratio - 26.27As of Jun 30, 2026
Total debt divided by shareholders’ equity on the Jun 30, 2026 balance sheet: a measure of financial leverage.
D/E = Total debt ÷ Shareholders’ equityDebt-to-equity ratio
Financial strength
- 7 of 9Last 12 months
vs the 12 beforeA 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: passed
- ✗Current ratio improved: not passed
- ✓Share count didn’t rise: passed
- ✗Gross margin improved: not passed
- ✓Asset turnover (revenue ÷ assets) improved: passed
- 139.8%Last 12 months
Over the last 12 months, Las Vegas Sands’s net income was 139.8% 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.
ROE = Net income (last 12 months) ÷ Average equityReturn on equity - 8.2%Last 12 months
Over the last 12 months, Las Vegas Sands’s net income was 8.2% 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
Data table
| 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) | $0.90 |
Dividend details
- $1.15Per share, last 12 months
Cash dividends per share with ex-dividend dates in the last 12 months.
- Dividend yield3.03%Last 12 months
- $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.
- 44.7%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.
Payout = Dividends per share ÷ Diluted EPS (both last 12 months)Payout ratio calculator
About Las Vegas Sands Corp
LVS ) Las Vegas Sands is the world's preeminent developer and operator of world-class Integrated Resorts. We deliver unrivaled economic benefits to the communities in which we operate. Sands created the meetings, incentives, convention and exhibition (MICE)-based Integrated Resort. Our industry-leading Integrated Resorts provide substantial contributions to our host communities including growth in leisure and business tourism, sustained job creation and ongoing financial opportunities for local small and medium-sized businesses. Our properties include The Venetian Resort and Sands Expo in Las Vegas, the iconic Marina Bay Sands in Singapore. Through majority ownership in Sands China Ltd., we have developed the largest portfolio of properties on the Cotai Strip in Macao, including The Venetian Macao, The Plaza and Four Seasons Hotel Macao, The Londoner Macao and The Parisian Macao, as well as the Sands Macao on the Macao Peninsula. Sands is dedicated to being a good corporate citizen, anchored by the core tenets of serving people, communities and planet. We deliver a great working environment for our team members worldwide, drive social impact through the Sands Cares community engagement and charitable giving program and lead in environmental performance through the award-winning Sands ECO360 global sustainability program.
- Sector
- Consumer Cyclical
- Industry
- Resorts & Casinos
- Headquarters
- Nevada, USA
- SEC filings
- EDGAR (opens in a new tab)
- Exchange
- NYSE
- Asset type
- Common stock
- Price history since
LVS news
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LVS stock FAQ
What is LVS stock’s price today?
Las Vegas Sands (LVS) traded at $38.01 at the close on , down $0.31 (0.81%) from the previous close of $38.32. Over the past 52 weeks it has traded between $35.28 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 $835 at the close on , a total return of −16.5%. The same $1,000 would be worth $1,010 if invested five years ago, $790 if invested one year ago, and $792 if invested 20 years ago. Past performance doesn’t predict future returns.
What is LVS’s P/E ratio?
LVS trades at 14.8 times its diluted earnings over the four quarters to ($2.57 per share), at the close. (How the P/E ratio works.)
How much revenue does Las Vegas Sands make?
Las Vegas Sands reported $13.7 billion of revenue over the four quarters to , up 18.1% from the twelve months before. In its latest quarter (Q2 FY26, ended ) revenue was $3.2 billion, down 0.7% from a year earlier.
Is Las Vegas Sands profitable?
Yes. Las Vegas Sands earned $1.7 billion of net income over the four quarters to , a net margin of 12.6%, and its operating margin was 21.3% (what margins tell you).
What are LVS’s earnings per share?
LVS’s diluted earnings per share were $2.57 over the four quarters to , compared with $1.98 in the twelve months before. The latest quarter (Q2 FY26) brought $0.53 per share, against $0.66 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 $1.15 per share, a 3.03% yield at the close (how dividend yield works).
Based on the last 12 months’ payments ($1.15 per share), and if the next 12 months match the last 12, 100 shares would receive about $115 over 12 months, and $1,000 over 12 months would take about 870 shares, roughly $33,069 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 $35.28 and as high as $70.45. At $38.01 at the close on , it is 46.1% below that high and 7.7% above the low.
What is LVS’s all-time high?
LVS’s highest closing price was $144.56 on , adjusted for stock splits. At $38.01 at the close on , it is 73.7% 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 −40.6% so far this year and −21.0% over the past year, and +1.0% over five years (+0.2% a year). Over the same periods the S&P 500, measured by SPY, returned +12.8%, +16.8% and +83.1%. 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 .
Member SIPC.Low CommissionsLearn More (opens in a new tab)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.
This page is for education, not investment advice. Past performance doesn't predict future returns. Logos provided by Logo.dev (opens in a new tab).
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