Las Vegas Sands LVS Operating margin

Operating margin at other companies

MGM Resorts InternationalMGM

5.7%-2.4pp

Wynn ResortsWYNN

15.5%+0.6pp

Caesars Entertainment, Inc.CZR

15.9%-4.5pp

BAL

Bally'sBALY

-4.2%-1.4pp

FLL

Full House ResortsFLL

-0.3%—

Red Rock Resorts, Inc.RRR

29%-0.1pp

FAQ

What is Las Vegas Sands's operating margin?

Las Vegas Sands (LVS) reported operating margin of 21.5% in Q2 2026.

How has Las Vegas Sands's operating margin changed year-over-year?

Las Vegas Sands's operating margin increased by 0.4% year-over-year, from 21.4% to 21.5%.

What is the long-term trend for Las Vegas Sands's operating margin?

Over 5 years (2020 to 2025), Las Vegas Sands's operating margin has grown at a -14.3% compound annual growth rate (CAGR), from -46.7% to 21.6%.

What does operating margin mean?

Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.