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Las Vegas Sands LVS Marina Bay Sands — Leasehold interests in land, gross

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$36M0.0%

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EXRMA — Gross carrying amount - Land
$121.75M+1.1%

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

See full
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 lvs:LeaseholdInterestsInLandGross.

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 marina bay sands — leasehold interests in land, gross?
Las Vegas Sands (LVS) reported marina bay sands — leasehold interests in land, gross of $2.97B in Q4 2025.
What does marina bay sands — leasehold interests in land, gross mean?
This represents the total gross carrying value of land leasehold interests held by the Marina Bay Sands resort. It reflects the capitalized cost of the right to use the land over the term of the lease agreement, excluding accumulated amortization. This metric is critical for understanding the long-term capital commitment to the physical footprint of the integrated resort.