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Las Vegas Sands LVS United States — Revenues before intercompany eliminations

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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 lvs:RevenuesBeforeIntercompanyEliminations.

The official record: Las Vegas Sands’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Las Vegas Sands's united states — revenues before intercompany eliminations?
Las Vegas Sands (LVS) reported united states — revenues before intercompany eliminations of $87M in Q1 2026.
How has Las Vegas Sands's united states — revenues before intercompany eliminations changed year-over-year?
Las Vegas Sands's united states — revenues before intercompany eliminations increased by 42.6% year-over-year, from $61M to $87M.
What does united states — revenues before intercompany eliminations mean?
This metric captures the gross revenue generated by the United States segment before removing transactions between internal business units. It provides a view of the total economic activity generated by the segment's operations. This is useful for understanding the scale of the segment's operations before consolidation adjustments.