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Las Vegas Sands LVS Foreign Subsidiaries — Operating loss carryforward, amount

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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$31.22B+3.7%
Enterprise value$45.32B+4.7%
P/E17×-4.4×
P/S2.3×-0.3×

Profitability

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Operating margin22.7%+2.2pp
Net margin13.4%+1.8pp
FCF margin17.1%+5.8pp

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

Reported directly by Las Vegas Sands in its filing.

Tagged under the XBRL concept us-gaap:OperatingLossCarryforwards.

The official record: Las Vegas Sands’s 10-K, filed February 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Las Vegas Sands's foreign subsidiaries — operating loss carryforward, amount?
Las Vegas Sands (LVS) reported foreign subsidiaries — operating loss carryforward, amount of $1.94B in Q4 2025.
How has Las Vegas Sands's foreign subsidiaries — operating loss carryforward, amount changed year-over-year?
Las Vegas Sands's foreign subsidiaries — operating loss carryforward, amount decreased by 25.1% year-over-year, from $2.59B to $1.94B.
What does foreign subsidiaries — operating loss carryforward, amount mean?
This represents the cumulative amount of tax losses incurred by foreign subsidiaries that can be carried forward to offset future taxable income in those specific jurisdictions. It reflects the historical financial performance of international operations and provides a potential future tax shield. Investors monitor this to assess the timing and magnitude of potential tax savings in overseas markets.