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

Other segment segments

Marina Bay Sands
$2.97B+50.7%
The Venetian Macao
$236M0.0%
The Plaza Macao and Four Seasons Macao
$105M
The Parisian Macao
$88M0.0%
Sands Macao
$36M0.0%

Similar metrics at other companies

Extra Space Storage logo
EXRMS — Gross carrying amount - Land
$5.86M-35.3%
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EXRMA — Gross carrying amount - Land
$121.75M+1.1%
Digital Realty logo
DLRLondon — Real Estate Gross At Carrying Value
$1.97B+9.9%
Extra Space Storage logo
EXRME — Gross carrying amount - Land
$2.35M0.0%
Service Corporation International logo
SCILessor — Land
$24.7M-22.6%
Digital Realty logo
DLRLondon — Real Estate And Accumulated Depreciation Carrying Amount Of Land
$38.16M+7.7%

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 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 the londoner macao — leasehold interests in land, gross?
Las Vegas Sands (LVS) reported the londoner macao — leasehold interests in land, gross of $290M in Q4 2025.
What does the londoner macao — leasehold interests in land, gross mean?
This metric represents the total historical cost or gross carrying value of land use rights and leasehold interests held by a specific integrated resort property. It reflects the company's long-term investment in the land upon which the resort is situated, typically under government-granted concessions or long-term lease agreements. This value is a key indicator of the scale of the property's footprint and the underlying capital commitment required to secure operating rights in a specific jurisdiction.