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Net margin at other companies

VICI Properties Inc. logo
VICI Properties Inc.VICI
76.8%+9.0pp
Host Hotels & Resorts logo
Host Hotels & ResortsHST
16.4%+4.7pp
Flutter Entertainment logo
Flutter EntertainmentFLUT
-3.2%-7.9pp

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$31.89B+30.9%
Enterprise value$45.99B+21.7%
P/E17.3×-1.4×
P/S2.3×+0.1×

Profitability

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Operating margin22.7%+2.2pp

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

Calculated from Las Vegas Sands’s reported figures.

Based on trailing twelve months.

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 net margin?
Las Vegas Sands (LVS) reported net margin of 13.4% in Q1 2026.
How has Las Vegas Sands's net margin changed year-over-year?
Las Vegas Sands's net margin increased by 15.2% year-over-year, from 11.6% to 13.4%.
What is the long-term trend for Las Vegas Sands's net margin?
Over 4 years (2021 to 2025), Las Vegas Sands's net margin has grown at a -25.2% compound annual growth rate (CAGR), from -156.5% to 49%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.