What is Las Vegas Sands's PP&E (net)?

Las Vegas Sands (LVS) reported PP&E (net) of $11.44B in Q1 2026.

How has Las Vegas Sands's PP&E (net) changed year-over-year?

Las Vegas Sands's PP&E (net) decreased by 5.1% year-over-year, from $12.06B to $11.44B.

What is the long-term trend for Las Vegas Sands's PP&E (net)?

Over 5 years (2020 to 2025), Las Vegas Sands's PP&E (net) has grown at a -1.0% compound annual growth rate (CAGR), from $12.28B to $11.67B.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

Las Vegas Sands LVS PP&E (Net)

PP&E (Net) at other companies

MGM Resorts InternationalMGM

$6.2B+0.2%

Wynn ResortsWYNN

$6.6B+0.9%

Caesars Entertainment, Inc.CZR

$14.23B-3.0%

BAL

Bally'sBALY

$668.86M-41.2%

Red Rock Resorts, Inc.RRR

$3.02B+7.8%

Monarch Casino & ResortMCRI

$551.51M-5.2%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$731.0M+39.0%

CapEx$194.0M-48.8%

Free cash flow$537.0M+265%

Valuation

See full

Market cap$31.22B+3.7%

Enterprise value$45.32B+4.7%

P/E17×-4.4×

P/S2.3×-0.3×

Profitability

See full

Operating margin22.7%+2.2pp

Net margin13.4%+1.8pp

FCF margin17.1%+5.8pp

Returns & leverage

See full

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 us-gaap:PropertyPlantAndEquipmentNet.

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 PP&E (net)?: Las Vegas Sands (LVS) reported PP&E (net) of $11.44B in Q1 2026.
How has Las Vegas Sands's PP&E (net) changed year-over-year?: Las Vegas Sands's PP&E (net) decreased by 5.1% year-over-year, from $12.06B to $11.44B.
What is the long-term trend for Las Vegas Sands's PP&E (net)?: Over 5 years (2020 to 2025), Las Vegas Sands's PP&E (net) has grown at a -1.0% compound annual growth rate (CAGR), from $12.28B to $11.67B.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.