Stocktoria

LAS VEGAS SANDS CORP LVS

NYSE · stock · Hotels & Motels · website · IPO 2004-12-15 · LEI

LAS VEGAS SANDS CORP statistics & valuation

Market cap$31.2B
P / E19.2×
P / S2.4×
P / B16.1×
P / FCF16.8×
Dividend yield2.67%
Net margin12.5%
Return on equity84.1%
FCF margin14.3%
Return on capital15.9%
Graham number -73.4%$12.15

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($12.15); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
14.70% 21.80% 17.60% 22.20% -57.30% -22.70% 44.60% 11.80% 12.80% 12.50% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
21.90% 26.90% 27.30% 27.70% -47.40% -16.30% -19.30% 22.30% 21.30% 21.60% 2016201720182019202020212022202320242025
Return on equity (%)
22.40% 36.80% 35.80% 41.50% -47.60% -42.70% 47.20% 29.70% 45.80% 84.10% 2016201720182019202020212022202320242025
Shares outstanding
795.0M 792.0M 786.0M 771.0M 764.0M 764.0M 764.0M 765.0M 737.0M 693.0M 2016201720182019202020212022202320242025
Net debt ($)
2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
8.20% 13.60% 10.70% 11.60% -8.10% -4.80% 8.30% 5.60% 7.00% 7.40% 2016201720182019202020212022202320242025
Free cash flow margin (%)
23.20% 28.80% 27.30% 16.70% -86.40% -25.30% -38.80% 21.30% 14.50% 14.30% 2016201720182019202020212022202320242025
Debt / equity (×)
2016201720182019202020212022202320242025
EPS ($)
$2.11 $3.55 $3.07 $3.50 -$2.21 -$1.26 $2.40 $1.60 $1.96 $2.35 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

LAS VEGAS SANDS CORP trades at about 19.4× earnings — below its 10-year norm (10-year range 15.4×–30.6×, median 22.4×).

15.4× 30.6×

Shaded band = 10-year range (15.4×–30.6×); dot = today's 19.4×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin21.6%21.3%22.3%-19.3%-16.3%-47.4%27.7%27.3%26.9%21.9%
Net margin12.5%12.8%11.8%44.6%-22.7%-57.3%22.2%17.6%21.8%14.7%
FCF margin14.3%14.5%21.3%-38.8%-25.3%-86.4%16.7%27.3%28.8%23.2%
Return on assets7.4%7.0%5.6%8.3%-4.8%-8.1%11.6%10.7%13.6%8.2%
Return on equity84.1%45.8%29.7%47.2%-42.7%-47.6%41.5%35.8%36.8%22.4%
Current ratio1.140.741.311.732.152.031.651.761.081.10

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.