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Las Vegas Sands LVS Convention, Retail and Other — Lease Income

Other product segments

Mall
$172M+7.5%

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Other financials

Income statement

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Revenue$3.2B-0.7%
Operating income$618.0M-21.1%
Net income$346.0M-24.9%
EPS (diluted)$0.53-19.7%

Balance sheet

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Cash & equivalents$3.5B-2.1%
Total debt$16.8B+0.5%
Total equity$581.0M-70.8%
Total assets$19.9B-8.9%

Cash flow

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Operating cash flow$682.0M+283%
CapEx$332.0M+16.1%
Free cash flow$350.0M

Valuation

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Market cap$29.7B-17.9%
Enterprise value$43.03B-12.8%
P/E17.2×-8.4×
P/S2.2×-0.9×

Profitability

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Operating margin21.5%+0.1pp
Net margin12.6%+0.4pp
FCF margin19.7%+13.4pp

Returns & leverage

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Return on equity134.3%+85.1pp
Debt / equity29×+20.6×
Current ratio-0.2×

Where this comes from

Reported directly by Las Vegas Sands in its filing.

Tagged under the XBRL concept us-gaap:LeaseIncome.

The source filing: Las Vegas Sands’s 10-Q, filed July 24, 2026.

Filed
Jul 24, 2026, 4:03 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001300514-26-000085
Line itemThree Months Ended June 30, 2026 / MallThree Months Ended June 30, 2026 / OtherThree Months Ended June 30, 2025 / MallThree Months Ended June 30, 2025 / Other
Minimum rents$145$1$140$1
Overage rents2720
$172$1$160$1
Six Months Ended June 30,
20262025
MallOtherMallOther
(In millions)
Minimum rents$291$1$280$1

Item 1. Financial Statements (unaudited)

FAQ

What is Las Vegas Sands's convention, retail and other — lease income?
Las Vegas Sands (LVS) reported convention, retail and other — lease income of $1M in Q2 2026.
How has Las Vegas Sands's convention, retail and other — lease income changed year-over-year?
Las Vegas Sands's convention, retail and other — lease income decreased by 0.0% year-over-year, from $1M to $1M.
What does convention, retail and other — lease income mean?
This is the aggregate income derived from leasing retail and commercial space within the resort properties, combining both fixed and variable rent components. It measures the overall yield and financial productivity of the company's retail real estate assets.

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