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Las Vegas Sands LVS Price / earnings

Price / earnings at other companies

VICI Properties Inc. logo
VICI Properties Inc.VICI
9.4×-3.7×
Host Hotels & Resorts logo
Host Hotels & ResortsHST
13×-1.6×
Flutter Entertainment logo
Flutter EntertainmentFLUT
117.5×

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/S2.3×+0.1×

Profitability

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Operating margin22.7%+2.2pp
Net margin13.4%+1.8pp

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

Calculated from Las Vegas Sands’s reported figures.

Based on the most recent quarter.

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 price / earnings?
Las Vegas Sands (LVS) reported price / earnings of 19.7× in Q1 2026.
How has Las Vegas Sands's price / earnings changed year-over-year?
Las Vegas Sands's price / earnings decreased by 7.3% year-over-year, from 21.2× to 19.7×.
What is the long-term trend for Las Vegas Sands's price / earnings?
Over 2 years (2022 to 2025), Las Vegas Sands's price / earnings has grown at a 18.8% compound annual growth rate (CAGR), from 66.1× to 93.3×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.