Las Vegas Sands Corp. (LVS)
Consumer Cyclical · Resorts & Casinos · NYSE
Las Vegas Sands Corp. revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.27B | $12.73B | $13.73B | $12.13B | $2.94B | $4.23B | $4.11B | $10.37B | $11.30B | $13.02B |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $1.68B | $2.81B | $2.41B | $2.70B | $-1.69B | $-961.00M | $1.83B | $1.22B | $1.45B | $1.63B |
| Net margin | 14.9% | 22.1% | 17.6% | 22.2% | -57.3% | -22.7% | 44.6% | 11.8% | 12.8% | 12.5% |
Source: Las Vegas Sands Corp. SEC filings (10-K). 18 years of history available in the interactive view.
What growth is priced into LVS stock?
At today's market cap of $34.23B, Las Vegas Sands Corp. is priced for free-cash-flow growth of about 6.6% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $1.85B from the FY ending 2025-12-31). For comparison, revenue 34.7%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 18 years of Las Vegas Sands Corp. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Las Vegas Sands Corp. financial history by metric
About Las Vegas Sands Corp.
Las Vegas Sands Corp., together with its subsidiaries, owns, develops, and operates integrated resorts in Macao and Singapore. It owns and operates The Venetian Macao Resort Hotel, The Londoner Macao, The Parisian Macao, The Plaza Macao and Four Seasons Hotel Macao, and The Sands Macao in Macao, the People's Republic of China; and Marina Bay Sands in Singapore. The company's integrated resorts feature accommodations, gaming, entertainment and retail malls, convention and exhibition facilities, celebrity chef restaurants, and other amenities. The company was founded in 1988 and is based in Las Vegas, Nevada.
Las Vegas Sands Corp. — frequently asked questions
What is Las Vegas Sands Corp.'s revenue?
Las Vegas Sands Corp. (LVS) reported revenue of $13.02B for fiscal year 2025, up 15.2% from the prior year, according to its SEC filings.
Is Las Vegas Sands Corp. profitable?
Yes. LVS earned net income of $1.63B in fiscal 2025, a net margin of 12.5%.
What is LVS's P/E ratio?
Las Vegas Sands Corp. trades at a price-to-earnings ratio of about 19.1 based on the latest data in our nightly-refreshed cache.
How fast is Las Vegas Sands Corp. growing?
LVS's revenue grew at roughly 34.7% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Las Vegas Sands Corp. have?
As of fiscal year 2025, LVS carried roughly $0 in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Las Vegas Sands Corp.'s market cap?
Las Vegas Sands Corp. (LVS) has a market capitalization of about $34.23B, based on the latest data in our nightly-refreshed cache.
When does Las Vegas Sands Corp.'s fiscal year end?
LVS's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into LVS stock?
At today's market cap of $34.23B, Las Vegas Sands Corp. is priced for free-cash-flow growth of about 6.6% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $1.85B from the FY ending 2025-12-31). For comparison, revenue 34.7%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Las Vegas Sands Corp.'s official SEC filings (10-K and 10-Q), covering 18 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.