profit from every $100 of sales.

Las Vegas Sands
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
You pay $15.56 for every $1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Las Vegas Sands sold, what it kept, and what it did with the cash.
Sales went from $4.11 billion in 2022 to $13.0 billion in 2025, with $1.63 billion of profit last year.
Las Vegas Sands handed back more cash to shareholders than it generated last year.
Las Vegas Sands vs. similar companies
Las Vegas Sands grows the fastest of these 5 and is the cheapest for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Las Vegas Sands | 15.6× · Fair price | ||
Flutter Entertainment | No profit yet | ||
Wynn Resorts | 26.8× · Fair price | ||
Hilton Grand Vacations | 41.1× · Expensive | ||
Rush Street Interactive | 86.7× · Very expensive |
Compare Las Vegas Sands with Hilton Worldwide Holdings · Marriott International
AI analysis
An AI analyst reads Las Vegas Sands's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 2,940 | 4,234 | 4,110 | 10,372 | 11,298 | 13,017 | |
| – | – | 1,650 | 5,167 | 5,521 | 6,481 | |
| – | – | -770 | 2,355 | 2,466 | 3,089 | |
| -339 | 206 | 406 | 3,859 | 4,055 | 4,499 | |
| -1,685 | -961 | 1,832 | 1,221 | 1,446 | 1,627 | |
| -2.21 | -1.26 | 2.40 | 1.62 | 1.96 | 2.35 | |
| – | – | 40.1% | 49.8% | 48.9% | 49.8% | |
| – | – | -18.7% | 22.7% | 21.8% | 23.7% | |
| -57.3% | -22.7% | 44.6% | 11.8% | 12.8% | 12.5% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 20,807 | 20,059 | 22,039 | 21,778 | 20,666 | 21,920 |
| Cash | 2,082 | 1,854 | 6,311 | 5,105 | 3,650 | 3,841 |
| Total debt | 14,004 | 14,795 | 15,978 | 14,029 | 13,752 | 15,784 |
| Total liabilities | 17,269 | 17,811 | 18,383 | 17,674 | 17,506 | 19,986 |
| 2,973 | 1,996 | 3,881 | 4,118 | 2,884 | 1,590 | |
| 764 | 764 | 764 | 754 | 737 | 693 | |
| -6.3% | -4.0% | -2.7% | 11.3% | 12.8% | 13.5% | |
| -56.7% | -48.1% | 47.2% | 29.7% | 50.1% | 102.3% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| -1,312 | -243 | -795 | 3,227 | 3,204 | 3,023 | |
| – | – | 780 | 1,257 | 1,580 | 1,243 | |
| – | – | -1,575 | 1,970 | 1,624 | 1,780 | |
| Dividends paid | 911 | 0 | 0 | 305 | 590 | 833 |
| 0 | 0 | 0 | 505 | 1,750 | 2,217 | |
| 22 | 22 | 39 | 44 | 55 | 54 |
Valuation
- 15.6×
- –
- –
- 28.4×
- 1.9×
- 14.2×
- 8.3×
- 7.0%
- 6.4%
- 2.2%
Profitability
- 49.8%
- 23.7%
- 12.5%
- 34.9%
- 15.7%
- 5.6%
- 116.0%
- 8.7%
- 20.3%
- 1.8%
Growth
- +34.7%
- –
- +9.6%
- +4.8%
- −2.5%
Financial health
- 2.6×
- 13.10
- 74.3%
- 4.5×
- 0.95
- 0.94
- 0.65
How it ranks in Consumer Discretionary
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 22, 2026 | 0.91 | 0.76 | +20.4% |
| Jan 28, 2026 | 0.85 | 0.77 | +11.1% |
| Oct 22, 2025 | 0.78 | 0.62 | +26.4% |
| Jul 23, 2025 | 0.79 | 0.53 | +48.8% |
| Apr 23, 2025 | 0.59 | 0.57 | +3.9% |
| Jan 29, 2025 | 0.54 | 0.58 | −6.1% |
| Oct 23, 2024 | 0.44 | 0.53 | −17.0% |
| Jul 24, 2024 | 0.55 | 0.56 | −1.8% |
Paid per share, each year
$2.60 in 2015 → $1.00 in 2025
How safe it looks
51.2% of its profit
Room to growStretchedMore than it earns: 46.8%
News
Tesla's Cybercab Reaches Dallas in November, and Nevada Just Cleared 5,000 Robotaxis in Las Vegas. Here's the Number That Makes the Bulls Right.Yahoo Finance · Nov 1, 2026Las Vegas Sands shares are about to 'catch a heater,' says Mike KhouwCNBC · Aug 26, 2026Tesla’s stock jumps as the company gets cleared for a Las Vegas robotaxi launchMarketWatch · Aug 21, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
3/7Passes 3 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Las Vegas Sands
Is Las Vegas Sands a good stock to buy?
A solid business at a fair price. 3 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Las Vegas Sands AI analysis
What does Las Vegas Sands do?
Las Vegas Sands Corp., together with its subsidiaries, develops, owns, and operates integrated resorts in Asia and the United States. It is in Gambling, Resorts & Casinos, based in Las Vegas, NV, United States, with 41,000 employees.
Does Las Vegas Sands pay a dividend?
Yes. At today's price the dividend is 2.2% a year, about 51% of its yearly profit. In 2025 it paid out $833 million in dividends.
Is Las Vegas Sands stock halal?
No. Las Vegas Sands does not pass our halal screen: its main business, gambling, is not permitted. How we check
How has Las Vegas Sands stock done over the past year?
Down 38.4% over the past twelve months, to $40.39. It traded between $35.68 and $69.49 and is 41.9% below its high.
Who are Las Vegas Sands's competitors?
The largest listed companies in the same industry are Flutter Entertainment, Wynn Resorts, Hilton Grand Vacations and Rush Street Interactive. The peers table on this page compares their profit, growth and price with Las Vegas Sands's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



