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EV / EBITDA at other companies

VICI Properties Inc. logo
VICI Properties Inc.VICI
11.9×-3.3×
Host Hotels & Resorts logo
Host Hotels & ResortsHST
10.1×+1.1×
Flutter Entertainment logo
Flutter EntertainmentFLUT
18.9×-3.0×

Other financials

Income statement

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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

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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

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Operating cash flow$731.0M+39.0%
CapEx$194.0M-48.8%
Free cash flow$537.0M+265%

Valuation

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Market cap$31.89B+30.9%
Enterprise value$45.99B+21.7%
P/E17.3×-1.4×
P/S2.3×+0.1×

Profitability

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Operating margin22.7%+2.2pp
Net margin13.4%+1.8pp

Returns & leverage

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Return on equity94.5%+55.3pp
Debt / equity14.6×+8.4×
Current ratio0.9×+0.3×

Where this comes from

Calculated from Las Vegas Sands’s reported figures.

Based on the most recent quarter.

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

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Questions, answered.

What is Las Vegas Sands's EV / EBITDA?
Las Vegas Sands (LVS) reported EV / EBITDA of 11× in Q1 2026.
How has Las Vegas Sands's EV / EBITDA changed year-over-year?
Las Vegas Sands's EV / EBITDA decreased by 3.0% year-over-year, from 11.3× to 11×.
What is the long-term trend for Las Vegas Sands's EV / EBITDA?
Over 3 years (2022 to 2025), Las Vegas Sands's EV / EBITDA has grown at a -61.2% compound annual growth rate (CAGR), from 824.4× to 48.2×.
What does EV / EBITDA mean?
What the whole business (debt included) costs relative to its operating cash earnings.
How do you interpret EV / EBITDA?
Lets you compare companies with different leverage and tax positions on a like-for-like basis — the standard multiple in M&A. Lower can mean cheaper, subject to growth and capital intensity.
How does EV / EBITDA compare across companies?
Broadly comparable across non-financial sectors; not used for banks and insurers, where EBITDA is not meaningful.