Las Vegas Sands (LVS) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
11.3B
Gross Profit
5.5B
48.87%
Operating Income
2.5B
21.83%
Net Income
1.8B
15.51%
EPS (Diluted)
$1.96
Balance Sheet Metrics
Total Assets
20.7B
Total Liabilities
17.5B
Shareholders Equity
3.2B
Debt to Equity
5.54
Cash Flow Metrics
Operating Cash Flow
3.2B
Free Cash Flow
1.6B
Revenue & Profitability Trend
Las Vegas Sands Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 11.3B | 10.4B | 4.1B | 4.2B | 2.9B |
| Cost of Goods Sold | 5.8B | 5.2B | 2.5B | 2.6B | 2.1B |
| Gross Profit | 5.5B | 5.2B | 1.6B | 1.6B | 821.0M |
| Operating Expenses | 1.7B | 1.5B | 1.3B | 1.2B | 984.0M |
| Operating Income | 2.5B | 2.4B | -770.0M | -643.0M | -1.3B |
| Pre-tax Income | 2.0B | 1.8B | -1.4B | -1.5B | -1.9B |
| Income Tax | 208.0M | 344.0M | 154.0M | -5.0M | 24.0M |
| Net Income | 1.8B | 1.4B | 1.4B | -1.3B | -2.1B |
| EPS (Diluted) | $1.96 | $1.60 | $2.40 | -$1.26 | -$2.21 |
Income Statement Trend
Las Vegas Sands Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 4.3B | 5.8B | 6.7B | 5.5B | 5.7B |
| Non-Current Assets | 16.4B | 16.0B | 15.3B | 14.5B | 15.1B |
| Total Assets | 20.7B | 21.8B | 22.0B | 20.1B | 20.8B |
| Liabilities | |||||
| Current Liabilities | 5.8B | 4.4B | 3.9B | 2.6B | 2.8B |
| Non-Current Liabilities | 11.7B | 13.3B | 14.5B | 15.2B | 14.5B |
| Total Liabilities | 17.5B | 17.7B | 18.4B | 17.8B | 17.3B |
| Equity | |||||
| Total Shareholders Equity | 3.2B | 4.1B | 3.7B | 2.2B | 3.5B |
Balance Sheet Composition
Las Vegas Sands Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 1.8B | 1.4B | -1.5B | -1.5B | -1.9B |
| Operating Cash Flow | 3.2B | 3.2B | -957.0M | -432.0M | -2.2B |
| Investing Activities | |||||
| Capital Expenditures | 1.0M | 3.0M | 9.0M | 7.0M | 1.0M |
| Investing Cash Flow | 1.0M | 3.0M | 59.0M | 7.0M | 1.0M |
| Financing Activities | |||||
| Dividends Paid | -590.0M | -305.0M | 0 | 0 | -911.0M |
| Financing Cash Flow | -3.0B | -3.2B | 1.1B | 3.4B | 2.5B |
| Free Cash Flow | 1.6B | 2.0B | -1.6B | -824.0M | -2.5B |
Cash Flow Trend
Las Vegas Sands Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
27.72
Forward P/E
18.04
Price to Book
12.99
Price to Sales
3.13
PEG Ratio
18.04
Profitability Ratios
Profit Margin
11.64%
Operating Margin
21.52%
Return on Equity
44.69%
Return on Assets
6.88%
Financial Health
Current Ratio
0.60
Debt to Equity
456.68
Beta
1.02
Per Share Data
EPS (TTM)
$1.79
Book Value per Share
$3.82
Revenue per Share
$15.44
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| lvs | 35.1B | 27.72 | 12.99 | 44.69% | 11.64% | 456.68 |
| Wynn Resorts | 11.6B | 29.70 | -10.72 | -51.73% | 6.17% | -11.06 |
| MGM Resorts | 10.2B | 16.72 | 3.67 | 25.82% | 3.96% | 880.10 |
| Boyd Gaming | 6.7B | 13.42 | 4.97 | 35.55% | 13.96% | 311.84 |
| Caesars | 6.2B | 10.42 | 1.55 | -3.77% | -2.08% | 606.80 |
| Vail Resorts | 6.1B | 20.96 | 6.83 | 24.16% | 9.81% | 238.86 |
Financial data is updated regularly. All figures are in the company's reporting currency.