What does sands macao — leasehold interests in land, gross mean?

Represents the total historical cost of land use rights or leasehold interests held by the specific property segment. This reflects the capital investment in the underlying land tenure required to operate the integrated resort facility.

Las Vegas Sands LVS Sands Macao — Leasehold interests in land, gross

Other segment segments

Marina Bay Sands

$2.97B+50.7%

The Londoner Macao

$290M0.0%

The Venetian Macao

$236M0.0%

The Plaza Macao and Four Seasons Macao

$105M—

The Parisian Macao

$88M0.0%

Similar metrics at other companies

EXRMS — Gross carrying amount - Land

$5.86M-35.3%

EXRMA — Gross carrying amount - Land

$121.75M+1.1%

SCILessor — Land

$24.7M-22.6%

INVHLas Vegas — Land

$160.49M-0.3%

PSALas Vegas — Gross Carrying Amount, Land

$37.76M+10.1%

ARCBLand And Structures Gross

$570.75M+7.5%

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

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 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 sands macao — leasehold interests in land, gross?: Las Vegas Sands (LVS) reported sands macao — leasehold interests in land, gross of $36M in Q4 2025.
What does sands macao — leasehold interests in land, gross mean?: Represents the total historical cost of land use rights or leasehold interests held by the specific property segment. This reflects the capital investment in the underlying land tenure required to operate the integrated resort facility.