Las Vegas Sands has been growing earnings at an average annual rate of 60.7%, while the Hospitality industry saw earnings growing at 39.7% annually. Revenues have been growing at an average rate of 27.5% per year. Las Vegas Sands's return on equity is 217.7%, and it has net margins of 12.6%.
Key information
60.74%
Earnings growth rate
61.59%
EPS growth rate
Hospitality Industry Growth
28.09%
Revenue growth rate
27.50%
Return on equity
217.73%
Net Margin
12.59%
Last Earnings Update
30 Jun 2026
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Las Vegas Sands makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
BIT:1LVS Revenue, expenses and earnings (USD Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
30 Jun 26
13,719
1,727
2,028
0
31 Mar 26
13,740
1,842
1,993
0
31 Dec 25
13,017
1,627
1,952
0
30 Sep 25
12,264
1,556
1,883
0
30 Jun 25
11,615
1,412
1,809
0
31 Mar 25
11,201
1,304
1,753
0
31 Dec 24
11,298
1,446
1,761
0
30 Sep 24
11,317
1,504
1,731
0
30 Jun 24
11,430
1,609
1,733
0
31 Mar 24
11,211
1,568
1,720
0
31 Dec 23
10,372
1,221
1,619
0
30 Sep 23
8,574
675
1,545
0
30 Jun 23
6,784
57
1,456
0
31 Mar 23
5,287
-542
1,398
0
31 Dec 22
4,110
-1,066
1,397
0
30 Sep 22
4,001
-1,143
1,346
0
30 Jun 22
3,853
-1,372
1,284
0
31 Mar 22
3,981
-1,315
1,282
0
31 Dec 21
4,234
-1,154
1,229
0
30 Sep 21
4,241
-1,139
1,178
0
30 Jun 21
3,830
-1,170
1,172
0
31 Mar 21
2,719
-1,616
1,123
0
31 Dec 20
2,940
-1,442
1,144
0
30 Sep 20
5,434
-587
1,380
0
30 Jun 20
8,238
444
1,559
0
31 Mar 20
11,510
2,074
1,733
0
31 Dec 19
12,127
2,562
1,562
0
30 Sep 19
13,705
1,899
1,943
0
30 Jun 19
13,827
1,937
1,929
0
31 Mar 19
13,796
1,539
1,879
0
31 Dec 18
13,729
2,413
1,743
0
30 Sep 18
13,645
3,795
1,696
0
30 Jun 18
13,434
3,793
1,702
0
31 Mar 18
13,240
3,783
1,714
0
31 Dec 17
12,728
2,808
1,744
0
30 Sep 17
12,412
2,105
1,676
0
30 Jun 17
12,220
2,049
1,749
0
31 Mar 17
11,760
1,831
1,827
0
31 Dec 16
11,271
1,679
1,814
0
30 Sep 16
11,196
1,627
1,864
0
30 Jun 16
11,121
1,633
1,752
0
31 Mar 16
11,393
1,774
1,660
0
31 Dec 15
11,688
1,966
1,696
0
30 Sep 15
12,243
2,222
1,630
0
Quality Earnings: 1LVS has high quality earnings.
Growing Profit Margin: 1LVS's current net profit margins (12.6%) are higher than last year (12.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1LVS has become profitable over the past 5 years, growing earnings by 60.7% per year.
Accelerating Growth: 1LVS's earnings growth over the past year (22.3%) is below its 5-year average (60.7% per year).
Earnings vs Industry: 1LVS earnings growth over the past year (22.3%) exceeded the Hospitality industry 1.6%.
Return on Equity
High ROE: Whilst 1LVS's Return on Equity (217.73%) is outstanding, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/08/23 07:54
End of Day Share Price
2026/08/21 00:00
Earnings
2026/06/30
Annual Earnings
2025/12/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Las Vegas Sands Corp. is covered by 38 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.