What is Las Vegas Sands's deferred taxes?

Las Vegas Sands (LVS) reported deferred taxes of -$6M in Q1 2026.

How has Las Vegas Sands's deferred taxes changed year-over-year?

Las Vegas Sands's deferred taxes decreased by 0.0% year-over-year, from -$6M to -$6M.

What is the long-term trend for Las Vegas Sands's deferred taxes?

Over 2 years (2023 to 2025), Las Vegas Sands's deferred taxes has grown at a 16.8% compound annual growth rate (CAGR), from $44M to -$60M.

What does deferred taxes mean?

Non-cash deferred tax expense or benefit representing the change in deferred tax assets/liabilities during the period.

Las Vegas Sands LVS Deferred Taxes

Deferred Taxes at other companies

MGM Resorts InternationalMGM

-$11.94M-22.0%

Wynn ResortsWYNN

$8.14M-11.2%

BAL

Bally'sBALY

$12.49M+117%

FLL

Full House ResortsFLL

$121K-41.5%

Red Rock Resorts, Inc.RRR

-$2.8M-28,090%

Boyd GamingBYD

$334K+114%

Other financials

Income statement

See full

Revenue$3.6B+25.3%

Operating income$904.0M+48.4%

Net income$567.0M+61.1%

EPS (diluted)$0.85+73.5%

Balance sheet

See full

Cash & equivalents$3.5B+9.3%

Total debt$17.5B+4.2%

Total equity$1.2B-55.6%

Total assets$21.2B-0.3%

Cash flow

See full

Operating cash flow$731.0M+39.0%

CapEx$194.0M-48.8%

Free cash flow$537.0M+265%

Valuation

See full

Market cap$30.61B+1.0%

Enterprise value$44.7B+2.8%

P/E16.6×-4.8×

P/S2.2×-0.4×

Profitability

See full

Operating margin22.7%+2.2pp

Net margin13.4%+1.8pp

FCF margin17.1%+5.8pp

Returns & leverage

See full

Return on equity94.5%+55.3pp

Debt / equity14.6×+8.4×

Current ratio0.9×+0.3×

Where this comes from

Reported directly by Las Vegas Sands in its filing.

Tagged under the XBRL concept us-gaap:DeferredIncomeTaxExpenseBenefit.

The official record: Las Vegas Sands’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

Ask your AI about Las Vegas Sands's deferred taxes.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Las Vegas Sands's deferred taxes?: Las Vegas Sands (LVS) reported deferred taxes of -$6M in Q1 2026.
How has Las Vegas Sands's deferred taxes changed year-over-year?: Las Vegas Sands's deferred taxes decreased by 0.0% year-over-year, from -$6M to -$6M.
What is the long-term trend for Las Vegas Sands's deferred taxes?: Over 2 years (2023 to 2025), Las Vegas Sands's deferred taxes has grown at a 16.8% compound annual growth rate (CAGR), from $44M to -$60M.
What does deferred taxes mean?: Non-cash deferred tax expense or benefit representing the change in deferred tax assets/liabilities during the period.