Las Vegas Sands Past Earnings Performance
Past criteria checks 2/6
Las Vegas Sands's earnings have been declining at an average annual rate of -23.9%, while the Hospitality industry saw earnings growing at 20.9% annually. Revenues have been declining at an average rate of 13.6% per year. Las Vegas Sands's return on equity is 45.5%, and it has net margins of 14%.
Key information
-23.9%
Earnings growth rate
-23.5%
EPS growth rate
| Hospitality Industry Growth | 7.1% |
| Revenue growth rate | -13.6% |
| Return on equity | 45.5% |
| Net Margin | 14.0% |
| Last Earnings Update | 31 Mar 2024 |
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
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 11,211 | 1,568 | 1,654 | 0 |
| 31 Dec 23 | 10,372 | 1,221 | 1,619 | 0 |
| 30 Sep 23 | 8,574 | 675 | 1,544 | 0 |
| 30 Jun 23 | 6,784 | 57 | 1,484 | 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 | 1,304 | 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 |
| 30 Jun 15 | 12,882 | 2,374 | 1,650 | 0 |
| 31 Mar 15 | 13,585 | 2,576 | 1,684 | 0 |
| 31 Dec 14 | 14,584 | 2,841 | 1,701 | 0 |
| 30 Sep 14 | 14,824 | 2,697 | 1,813 | 0 |
| 30 Jun 14 | 14,859 | 2,652 | 1,830 | 0 |
| 31 Mar 14 | 14,478 | 2,510 | 1,811 | 0 |
| 31 Dec 13 | 13,770 | 2,306 | 1,779 | 0 |
| 30 Sep 13 | 13,191 | 2,163 | 1,753 | 0 |
| 30 Jun 13 | 12,332 | 1,886 | 1,761 | 0 |
Quality Earnings: LVS has high quality earnings.
Growing Profit Margin: LVS became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: LVS's earnings have declined by 23.9% per year over the past 5 years.
Accelerating Growth: LVS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: LVS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Hospitality industry (5.4%).
Return on Equity
High ROE: Whilst LVS's Return on Equity (45.54%) is outstanding, this metric is skewed due to their high level of debt.