Las Vegas Sands LVS Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Operating margin | 85.6%-5.3pp | 90.9%+45.5pp | 45.4%+130pp | -84.3%+25.7pp | |
| Net margin | 49%-5.2pp | 54.2%+44.2pp | 9.9%-173pp | 183.3%+340pp | |
| Returns | |||||
| Return on equity | 223.4%+65.4pp | 158%+123pp | 34.7%-194pp | 228.6%+408pp | |
| Return on invested capital | 57.3%-2.7pp | 60%+34.7pp | 25.3%+48.4pp | -23.1%+2.1pp | |
| Efficiency | |||||
| Asset turnover | 2.3×+0.2× | 2.1×+0.7× | 1.4×+0.7× | 0.8×0.0× | |
| Liquidity | |||||
| Current ratio | 3.8×-0.7× | 4.5×-2.8× | 7.4×-2.7× | 10×+1.3× | |
| Leverage | |||||
| Debt-to-equity | 36.8×+18.0× | 18.8×+3.4× | 15.4×-0.6× | 16×-9.7× | |
| Net debt / EBITDA | 13.7×+1.5× | 12.1×-12.7× | 24.9×-179× | 203.6×— | |
| Per Share | |||||
| Book value per share | $11.23-40.6% | $18.92-15.0% | $22.27+3.1% | $21.60+78.2% | |
| Valuation | |||||
| Market capitalization | $138.71B-5.3% | $146.45B-8.8% | $160.58B+33.0% | $120.77B-15.8% | |
| Price / earnings | 93.3×-2.6× | 95.9×— | —— | 66.1×— | |
| Price / sales | 11.5×-1.5× | 12.9×-9.6× | 22.5×-7.7× | 30.2×-10.7× | |
| Price / book | 76.6×+34.1× | 42.4×+4.6× | 37.8×+8.3× | 29.5×-31.7× | |
| EV / EBITDA | 48.2×-2.0× | 50.2×-72.8× | 123×-701× | 824.4×— | |
| Dividend yield | 8.7%+2.5pp | 6.2%— | —— | —— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- Where do Las Vegas Sands's ratios come from?
- Every ratio is computed from Las Vegas Sands's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
