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Las Vegas Sands LVS Noncontrolling interests in subsidiaries

Noncontrolling interests in subsidiaries at other companies

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Other financials

Income statement

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Revenue$3.2B-0.7%
Operating income$618.0M-21.1%
Net income$346.0M-24.9%
EPS (diluted)$0.53-19.7%

Balance sheet

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Cash & equivalents$3.5B-2.1%
Total debt$16.8B+0.5%
Total equity$581.0M-70.8%
Total assets$19.9B-8.9%

Cash flow

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Operating cash flow$682.0M+283%
CapEx$332.0M+16.1%
Free cash flow$350.0M

Valuation

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Market cap$29.65B-19.1%
Enterprise value$42.97B-13.7%
P/E17.2×-8.8×
P/S2.2×-1.0×

Profitability

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Operating margin21.5%+0.1pp
Net margin12.6%+0.4pp
FCF margin19.7%+13.4pp

Returns & leverage

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Return on equity134.3%+85.1pp
Debt / equity29×+20.6×
Current ratio-0.2×

Where this comes from

Reported directly by Las Vegas Sands in its filing.

Tagged under the XBRL concept us-gaap:MinorityInterest.

The source filing: Las Vegas Sands’s 10-Q, filed July 24, 2026.

Filed
Jul 24, 2026, 4:03 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001300514-26-000085
Line itemJune 30,2026December 31,2025
Treasury stock, at cost, 194 and 165 shares(10,570)(9,028)
Capital in excess of par value6,1936,159
Accumulated other comprehensive income5771
Retained earnings4,9004,387
Total Las Vegas Sands Corp. stockholders’ equity5811,590
Noncontrolling interests316344
Total equity8971,934
Total liabilities and equity$19,909$21,920

Item 1. Financial Statements (unaudited)

FAQ

What is Las Vegas Sands's noncontrolling interests in subsidiaries?
Las Vegas Sands (LVS) reported noncontrolling interests in subsidiaries of $316M in Q2 2026.
How has Las Vegas Sands's noncontrolling interests in subsidiaries changed year-over-year?
Las Vegas Sands's noncontrolling interests in subsidiaries increased by 8.6% year-over-year, from $291M to $316M.
What is the long-term trend for Las Vegas Sands's noncontrolling interests in subsidiaries?
Over 5 years (2020 to 2025), Las Vegas Sands's noncontrolling interests in subsidiaries has grown at a -9.4% compound annual growth rate (CAGR), from $565M to $344M.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.

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