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Las Vegas Sands LVS Q4 2024 Annual earnings

Reported January 29, 2025 · After market close

Revenue estimate$2.9B
EPS estimate$0.58

Next report

Jul 22, 2026 (In 1 week)
Revenue estimate$3.4B
EPS estimate$0.78

Financials

Q4 2024

Income statement

See full
Revenue$2.9B-0.7%
Operating income$590.0M-16.9%
Net income$324.0M-15.2%
EPS (diluted)$0.45-10.0%

Balance sheet

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Cash & equivalents$3.8B-27.8%
Total debt$17.2B+6.2%
Total equity$2.9B-30.0%
Total assets$20.7B-5.1%

Cash flow

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Operating cash flow$915.0M-9.0%
CapEx$547.0M+68.3%
Free cash flow$368.0M-46.0%

Valuation & ratios

Valuation

as of 12/31/24
See full
Market cap$37.24B-0.3%
Enterprise value$50.69B+4.9%
P/E25.8×-4.8×
P/S3.3×-0.3×

Profitability

See full
Operating margin21.3%-1.0pp
Net margin12.8%+1.0pp
FCF margin14.5%-6.8pp

Returns & leverage

See full
Return on equity41.3%+10.8pp
Debt / equity+2.0×
Current ratio0.7×-0.6×

Segments

By product

See full
Casino$2.1B-0.3%
Rooms$317.0M-1.9%
Mall$218.0M-6.0%
Food and Beverage$157.0M-2.5%

Versus estimates

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Questions, answered.

When did Las Vegas Sands report Q4 2024 earnings?
Las Vegas Sands (LVS) reported Q4 2024 earnings on January 29, 2025 after market close.
What were Las Vegas Sands's Q4 2024 revenue and EPS?
Las Vegas Sands reported revenue of $2.9B and diluted EPS of $0.54 for Q4 2024.
Did Las Vegas Sands beat estimates in Q4 2024?
Revenue beat the consensus estimate of $2.9B by $43.1M. EPS missed the consensus estimate of $0.57 by $0.03.
Where can I find Las Vegas Sands's Q4 2024 SEC filings?
You can read the 10-K periodic report (0001300514-25-000040) directly on SEC EDGAR. The filing index links above go to sec.gov.