(LVS) Las Vegas Sands - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US5178341070

Stock: Casino, Hotel, Retail, Malls, Convention

Total Rating 58
Risk 53
Buy Signal -1.29

EPS (Earnings per Share)

EPS (Earnings per Share) of LVS over the last years for every Quarter: "2020-12": -0.37, "2021-03": -0.25, "2021-06": -0.26, "2021-09": -0.45, "2021-12": -0.22, "2022-03": -0.4, "2022-06": -0.34, "2022-09": -0.27, "2022-12": -0.19, "2023-03": 0.28, "2023-06": 0.46, "2023-09": 0.55, "2023-12": 0.57, "2024-03": 0.75, "2024-06": 0.55, "2024-09": 0.44, "2024-12": 0.54, "2025-03": 0.59, "2025-06": 0.79, "2025-09": 0.78, "2025-12": 0.85,

Revenue

Revenue of LVS over the last years for every Quarter: 2020-12: 1015, 2021-03: 1196, 2021-06: 1173, 2021-09: 857, 2021-12: 1008, 2022-03: 943, 2022-06: 1045, 2022-09: 1005, 2022-12: 1117, 2023-03: 2120, 2023-06: 2542, 2023-09: 2795, 2023-12: 2915, 2024-03: 2959, 2024-06: 2761, 2024-09: 2682, 2024-12: 2896, 2025-03: 2862, 2025-06: 3175, 2025-09: 3331, 2025-12: 3649,

Dividends

Dividend Yield 2.13%
Yield on Cost 5y 2.77%
Yield CAGR 5y 58.11%
Payout Consistency 70.9%
Payout Ratio 29.6%
Risk 5d forecast
Volatility 62.6%
Relative Tail Risk -9.21%
Reward TTM
Sharpe Ratio 0.37
Alpha 6.90
Character TTM
Beta 1.064
Beta Downside 1.100
Drawdowns 3y
Max DD 51.18%
CAGR/Max DD -0.03

Description: LVS Las Vegas Sands January 28, 2026

Las Vegas Sands Corp. (NYSE:LVS) operates a portfolio of integrated resorts in Macau-including The Venetian, The Londoner, The Parisian, The Plaza, Four Seasons, and Sands Macau-and Marina Bay Sands in Singapore. Each resort combines hotel rooms, gaming floors, retail, convention space, and high-profile dining, positioning the company as a multi-segment hospitality and gaming operator founded in 1988 and headquartered in Las Vegas.

Recent performance highlights (Q4 2023): consolidated revenue of $2.2 billion, a 9% year-over-year increase driven primarily by a 12% rise in same-store gaming revenue in Macau after the 2023 gaming tax reduction, and an ADR (average daily rate) of $312 in Singapore, up 7% YoY as tourism rebounds. Macro-level drivers include Macau’s 2023-24 gaming tax cut (from 15% to 12%) and Singapore’s 8% YoY growth in international visitor arrivals, both supporting higher foot traffic and spend per guest. The global casino & gaming sector is projected to expand at a ~5% CAGR through 2028, with integrated resorts benefitting disproportionately from cross-selling opportunities.

For a deeper, data-rich dive into LVS’s valuation sensitivities, you might explore the analyst tools on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 5.5

Net Income: 1.63b TTM > 0 and > 6% of Revenue
FCF/TA: 0.06 > 0.02 and ΔFCF/TA -3.37 > 1.0
NWC/Revenue: -3.99% < 20% (prev -13.37%; Δ 9.39% < -1%)
CFO/TA 0.13 > 3% & CFO 2.73b > Net Income 1.63b
Net Debt (15.77b) to EBITDA (4.50b): 3.51 < 3
Current Ratio: 0.89 > 1.5 & < 3
Outstanding Shares: last quarter (678.0m) vs 12m ago -8.01% < -2%
Gross Margin: 28.18% > 18% (prev 0.37%; Δ 2781 % > 0.5%)
Asset Turnover: 61.74% > 50% (prev 54.67%; Δ 7.07% > 0%)
Interest Coverage Ratio: 3.97 > 6 (EBITDA TTM 4.50b / Interest Expense TTM 746.0m)

Altman Z'' 1.42

A: -0.02 (Total Current Assets 4.15b - Total Current Liabilities 4.67b) / Total Assets 21.50b
B: 0.19 (Retained Earnings 4.16b / Total Assets 21.50b)
C: 0.14 (EBIT TTM 2.96b / Avg Total Assets 21.08b)
D: 0.0 (Book Value of Equity 0.0 / Total Liabilities 19.64b)
Altman-Z'' Score: 1.42 = BB

What is the price of LVS shares?

As of February 01, 2026, the stock is trading at USD 52.73 with a total of 8,627,585 shares traded.
Over the past week, the price has changed by -12.04%, over one month by -19.00%, over three months by -10.19% and over the past year by +11.65%.

Is LVS a buy, sell or hold?

Las Vegas Sands has received a consensus analysts rating of 4.44. Therefore, it is recommended to buy LVS.
  • StrongBuy: 12
  • Buy: 2
  • Hold: 4
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the LVS price?

Issuer Target Up/Down from current
Wallstreet Target Price 70 32.8%
Analysts Target Price 70 32.8%
ValueRay Target Price 52.1 -1.1%

LVS Fundamental Data Overview January 31, 2026

P/E Trailing = 22.4298
P/E Forward = 15.7233
P/S = 2.7797
P/B = 22.6856
P/EG = 0.7215
Revenue TTM = 13.02b USD
EBIT TTM = 2.96b USD
EBITDA TTM = 4.50b USD
Long Term Debt = 13.85b USD (from longTermDebt, two quarters ago)
Short Term Debt = 1.92b USD (from shortTermDebt, two quarters ago)
Debt = 15.77b USD (from shortLongTermDebtTotal, two quarters ago)
Net Debt = 15.77b USD (using Total Debt 15.77b, CCE unavailable)
Enterprise Value = 51.95b USD (36.18b + Debt 15.77b - (null CCE))
Interest Coverage Ratio = 3.97 (Ebit TTM 2.96b / Interest Expense TTM 746.0m)
EV/FCF = 40.28x (Enterprise Value 51.95b / FCF TTM 1.29b)
FCF Yield = 2.48% (FCF TTM 1.29b / Enterprise Value 51.95b)
FCF Margin = 9.91% (FCF TTM 1.29b / Revenue TTM 13.02b)
Net Margin = 12.50% (Net Income TTM 1.63b / Revenue TTM 13.02b)
Gross Margin = 28.18% ((Revenue TTM 13.02b - Cost of Revenue TTM 9.35b) / Revenue TTM)
Gross Margin QoQ = 20.44% (prev 28.34%)
Tobins Q-Ratio = 2.42 (Enterprise Value 51.95b / Total Assets 21.50b)
Interest Expense / Debt = 1.21% (Interest Expense 191.0m / Debt 15.77b)
Taxrate = 18.69% (103.0m / 551.0m)
NOPAT = 2.41b (EBIT 2.96b * (1 - 18.69%))
Current Ratio = 0.89 (Total Current Assets 4.15b / Total Current Liabilities 4.67b)
Debt / Equity = 10.04 (Debt 15.77b / totalStockholderEquity, two quarters ago 1.57b)
Debt / EBITDA = 3.51 (Net Debt 15.77b / EBITDA 4.50b)
Debt / FCF = 12.23 (Net Debt 15.77b / FCF TTM 1.29b)
Total Stockholder Equity = 2.29b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.72% (Net Income 1.63b / Total Assets 21.50b)
RoE = 71.16% (Net Income TTM 1.63b / Total Stockholder Equity 2.29b)
RoCE = 18.34% (EBIT 2.96b / Capital Employed (Equity 2.29b + L.T.Debt 13.85b))
RoIC = 13.96% (NOPAT 2.41b / Invested Capital 17.23b)
WACC = 7.15% (E(36.18b)/V(51.95b) * Re(9.84%) + D(15.77b)/V(51.95b) * Rd(1.21%) * (1-Tc(0.19)))
Discount Rate = 9.84% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -5.55%
[DCF Debug] Terminal Value 74.27% ; FCFF base≈1.55b ; Y1≈1.02b ; Y5≈463.8m
Fair Price DCF = N/A (negative equity: EV 10.70b - Net Debt 15.77b = -5.07b; debt exceeds intrinsic value)
[DCF Warning] FCF declining rapidly (-40.0%), DCF may be unreliable
EPS Correlation: 87.48 | EPS CAGR: 133.2% | SUE: 0.75 | # QB: 0
Revenue Correlation: 86.26 | Revenue CAGR: 43.45% | SUE: 2.08 | # QB: 3
EPS next Quarter (2026-03-31): EPS=0.71 | Chg30d=+0.025 | Revisions Net=+1 | Analysts=11
EPS current Year (2026-12-31): EPS=3.13 | Chg30d=-0.051 | Revisions Net=+1 | Growth EPS=+4.0% | Growth Revenue=+5.2%
EPS next Year (2027-12-31): EPS=3.75 | Chg30d=+0.006 | Revisions Net=+4 | Growth EPS=+19.9% | Growth Revenue=+5.1%

Additional Sources for LVS Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle