Las Vegas Sands Macao — Payroll and related expenses increased by 13.1% to $355.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 13.1%, from $314.00M to $355.00M. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase relative to revenue may signal rising labor costs or inefficiencies, while a decrease relative to revenue suggests improved labor productivity.
This metric tracks the total costs associated with employee compensation, benefits, and payroll taxes for the Macao segm...
Comparable to labor cost ratios in the hospitality and gaming industry globally.
lvs_segment_macao_payroll_and_related_expenses| Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|
| Value | $299.00M | $300.00M | $296.00M | $314.00M | $322.00M | $314.00M | $355.00M |
| QoQ Change | — | +0.3% | -1.3% | +6.1% | +2.5% | -2.5% | +13.1% |
| YoY Change | — | — | — | +5.0% | +7.3% | +6.1% | +13.1% |