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Las Vegas Sands Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Las Vegas Sands holds $21.2B in total assets. Shareholders' equity is $1.2B against $17.5B in total debt. Cash and equivalents total $3.5B. The current ratio is 0.921 and debt-to-equity is 14.65. Based on the Q1 2026 filing.

Total Assets$21.2BTotal Stockholders Equity$1.2BLong Term Debt$15.7BCash And Equivalents$3.5BTotal Current Assets$4.3BTotal Current Liabilities$4.6B
Latest FilingQ1 2026
Report Date2026-04-24
Market Cap$33.6B
P/E Ratio18.22
ROE94.53%

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts payable$164.0M$151.0M$162.0M$168.0M$190.0M$159.0M
Accounts Payable and Equipment Project Payables$263.0M$245.0M$188.0M$191.0M$160.0M$142.0M
Accrued expenses$263.0M$245.0M$188.0M$191.0M$160.0M$142.0M
Accrued Income Taxes, Current$229.0M$279.0M$310.0M$314.0M$385.0M$442.0M
Accrued construction-related expenditures$263.0M$245.0M$188.0M$191.0M$160.0M$142.0M
Other accrued liabilities$2.0B$2.6B$1.9B$2.1B$2.4B$2.1B
Current portion of long-term debt$3.2B$3.0B$923.0M$1.9B$1.1B$1.8B
Current Portion of Long-Term Debt and Finance Lease Obligations$3.2B$3.0B$923.0M$1.9B$1.1B$1.8B
Note payable to DIRECTV$2.0B$2.6B$1.9B$2.1B$2.4B$2.1B
Total current liabilities$5.8B$6.3B$3.5B$4.7B$4.2B$4.6B

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts receivable, net$603.0M$607.0M$719.0M$742.0M$967.0M$907.0M
Allowance for Doubtful Accounts$186.0M$172.0M$186.0M$194.0M$225.0M$230.0M
Allowance for Doubtful Accounts Receivable (Current)$186.0M$172.0M$186.0M$194.0M$225.0M$230.0M
Cash and cash equivalents$3.8B$3.2B$3.6B$3.5B$4.0B$3.5B
Derivative assets$0.0$0.0-$31.0M-$7.0M$15.0M$20.0M
Restricted cash$125.0M$125.0M$125.0M$125.0M$125.0M$125.0M
Total current assets$4.3B$3.7B$4.3B$4.2B$4.8B$4.3B

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Additional paid-in capital$6.2B$6.3B$6.1B$5.9B$6.2B$6.2B
Accumulated other comprehensive income (loss)-$58.0M-$24.0M$4.0M$49.0M$71.0M$38.0M
AOCI - Cash Flow Hedge Adjustment-$32.0M-$22.0M-$86.0M-$36.0M-$48.0M-$69.0M
Common stock1B1B1B1B1B1B
Common Stock Par Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00
Common Stock Shares Issued834M835M835M835M840M841M
Convertible Preferred Stock Authorized Shares50M50M50M50M50M50M
Convertible Preferred Stock Issued Shares000000
Convertible Preferred Stock Outstanding Shares000000
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$1.0M$1.0M$1.0M$1.0M$1.0M$1.0M
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding$0.0$0.0$0.0$0.0$0.0$0.0
Treasury Stock, Value$6.8B$7.2B$8.0B$8.5B$9.0B$9.8B
Noncontrolling interests$276.0M$334.0M$291.0M$296.0M$344.0M$410.0M
Preferred stock$0.0$0.0$0.0$0.0$0.0$0.0
Preferred Stock Par Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00
Retained earnings$3.5B$3.6B$3.9B$4.2B$4.4B$4.8B
Share Repurchase Authorization Limit—————$817.0M
Share Repurchase Program - Amount Remaining—————$817.0M
Total liabilities and stockholders' equity$20.7B$21.2B$21.9B$21.5B$21.9B$21.2B
Total stockholders' equity$2.9B$2.7B$2.0B$1.6B$1.6B$1.2B
Treasury stock$6.8B$7.2B$8.0B$8.5B$9.0B$9.8B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
AOCI - Cash Flow Hedge Reclassification (Next 12 Months)-$32.0M-$22.0M-$86.0M-$24.0M-$48.0M-$40.0M
Accounts Receivable, Allowance for Credit Loss$186.0M$172.0M$186.0M$194.0M$225.0M$230.0M
Allowance for doubtful accounts$186.0M$172.0M$186.0M$194.0M$225.0M$230.0M
Common stock, par value (in dollars per share)$0.0$0.0$0.0$0.0$0.0$0.0
Common stock, shares authorized (in shares)$1.0B$1.0B$1.0B$1.0B$1.0B$1.0B
Common stock, shares issued (in shares)$834.0M$835.0M$835.0M$835.0M$840.0M$841.0M
Common Stock, Shares, Outstanding$716.0M$707.0M$687.0M$678.0M$675.0M$663.0M
Long-term debt, gross$13.7B$13.8B$15.8B$15.8B$15.8B$15.7B
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net————$143.0M$135.0M
Deferred income taxes$188.0M$185.0M$183.0M$174.0M$174.0M$165.0M
Loans and long-term receivables$1.3B$1.3B$1.3B$1.3B$1.3B$1.3B
Long-Term Debt and Lease Obligation$10.6B$10.9B$14.9B$13.9B$14.7B$13.9B
Less: current maturities$3.2B$3.0B$923.0M$1.9B$1.1B$1.8B
Long-term debt and lease obligation, including current maturities, gross————$15.9B$15.9B
Noncontrolling interests in subsidiaries$276.0M$334.0M$291.0M$296.0M$344.0M$410.0M
Preferred Stock, Par or Stated Value Per Share$0.0$0.0$0.0$0.0$0.0$0.0
Preferred Stock, Shares Authorized$50.0M$50.0M$50.0M$50.0M$50.0M$50.0M
Preferred Stock, Shares Issued$0.0$0.0$0.0$0.0$0.0$0.0
Preferred Stock, Shares Outstanding$0.0$0.0$0.0$0.0$0.0$0.0
Share Repurchase Program, Remaining Authorized, Amount—————$817.0M
Derivatives used in Net Investment Hedge, Net of Tax$0.0$0.0-$31.0M-$7.0M$15.0M$20.0M
Treasury stock, shares (in shares)$118.0M$128.0M$148.0M$157.0M$165.0M$178.0M

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Debt - Unamortized Discount (Premium) and Issuance Costs, Net————$143.0M$135.0M
Long-term debt$13.8B$13.9B$15.8B$15.8B$15.8B$15.7B
Long-Term Debt and Finance Lease Obligations$10.6B$10.9B$14.9B$13.9B$14.7B$13.9B
Other non-current liabilities$925.0M$917.0M$987.0M$938.0M$934.0M$870.0M
Total Carrying Value of Debt$13.7B$13.8B$15.8B$15.8B$15.8B$15.7B
Total liabilities$17.5B$18.2B$19.6B$19.6B$20.0B$19.6B

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Deferred tax assets$188.0M$185.0M$183.0M$174.0M$174.0M$165.0M
Deferred Tax Assets and Other Non-Current Assets$325.0M$442.0M$417.0M$390.0M$386.0M$369.0M
Goodwill$102.0M$102.0M$103.0M$103.0M$573.0M$545.0M
Goodwill and Intangible Assets, Net$545.0M$660.0M$641.0M$592.0M$573.0M$545.0M
Long-Term Accounts, Notes, and Loans Receivable, Net (Non-Current)$1.3B$1.3B$1.3B$1.3B$1.3B$1.3B
Deferred tax assets$122.0M$122.0M$140.0M$158.0M$160.0M$159.0M
Goodwill and intangible assets, net$545.0M$660.0M$641.0M$592.0M$573.0M$545.0M
Leasehold interests in land, net$2.0B$2.9B$3.0B$2.9B$2.9B$3.0B
Other non-current assets$325.0M$442.0M$417.0M$390.0M$386.0M$369.0M
Other non-current assets$325.0M$442.0M$417.0M$390.0M$386.0M$369.0M
Property and equipment, net$12.0B$12.1B$12.0B$11.9B$11.7B$11.4B
Software and Technology Licenses, Net$325.0M$442.0M$417.0M$390.0M$386.0M$369.0M
Total assets$20.7B$21.2B$21.9B$21.5B$21.9B$21.2B