Las Vegas Sands Operating Margin 2012-2025 | LVS

Current and historical operating margin for Las Vegas Sands (LVS) over the last 10 years. The current operating profit margin for Las Vegas Sands as of December 31, 2025 is 16.00%.
Las Vegas Sands Operating Margin Historical Data
Date TTM Revenue TTM Operating Income Operating Margin
2025-12-31 $13.02B $2.82B 21.65%
2025-09-30 $12.26B $2.70B 22.02%
2025-06-30 $11.62B $2.49B 21.40%
2025-03-31 $11.20B $2.29B 20.48%
2024-12-31 $11.30B $2.40B 21.26%
2024-09-30 $11.32B $2.52B 22.29%
2024-06-30 $11.43B $2.71B 23.67%
2024-03-31 $11.21B $2.65B 23.66%
2023-12-31 $10.37B $2.31B 22.30%
2023-09-30 $8.57B $1.44B 16.76%
2023-06-30 $6.78B $0.57B 8.43%
2023-03-31 $5.29B $-0.11B -2.12%
2022-12-31 $4.11B $-0.79B -19.27%
2022-09-30 $4.00B $-0.76B -19.10%
2022-06-30 $3.85B $-0.90B -23.44%
2022-03-31 $3.98B $-0.90B -22.48%
2021-12-31 $4.23B $-0.69B -16.27%
2021-09-30 $4.24B $-0.67B -15.80%
2021-06-30 $3.83B $-0.88B -22.90%
2021-03-31 $2.72B $-1.50B -54.98%
2020-12-31 $2.94B $-1.39B -47.38%
2020-09-30 $3.82B $-0.67B -17.61%
2020-06-30 $6.63B $0.75B 11.30%
2020-03-31 $9.90B $2.40B 24.25%
2019-12-31 $12.13B $3.37B 27.75%
2019-09-30 $13.71B $3.64B 26.55%
2019-06-30 $13.83B $3.66B 26.48%
2019-03-31 $13.80B $3.56B 25.83%
2018-12-31 $13.73B $3.75B 27.32%
2018-09-30 $13.65B $3.91B 28.62%
2018-06-30 $13.43B $3.84B 28.57%
2018-03-31 $13.24B $3.86B 29.14%
2017-12-31 $12.73B $3.46B 27.22%
2017-09-30 $12.27B $3.11B 25.37%
2017-06-30 $12.08B $2.98B 24.66%
2017-03-31 $11.62B $2.68B 23.06%
2016-12-31 $11.27B $2.50B 22.20%
2016-09-30 $11.20B $2.53B 22.56%
2016-06-30 $11.12B $2.55B 22.88%
2016-03-31 $11.39B $2.72B 23.84%
2015-12-31 $11.69B $2.84B 24.31%
2015-09-30 $12.24B $3.16B 25.82%
2015-06-30 $12.88B $3.39B 26.34%
2015-03-31 $13.59B $3.67B 26.98%
2014-12-31 $14.58B $4.10B 28.10%
2014-09-30 $14.82B $3.96B 26.73%
2014-06-30 $14.86B $3.91B 26.29%
2014-03-31 $14.48B $3.73B 25.74%
2013-12-31 $13.77B $3.41B 24.75%
2013-09-30 $13.19B $3.20B 24.22%
2013-06-30 $12.33B $2.81B 22.82%
2013-03-31 $11.67B $2.43B 20.83%
2012-12-31 $11.13B $2.31B 20.77%
2012-09-30 $10.60B $2.30B 21.73%
2012-06-30 $10.30B $2.40B 23.32%
2012-03-31 $10.06B $2.61B 25.96%
2011-12-31 $9.41B $2.39B 25.40%
2011-09-30 $8.88B $2.22B 24.95%
2011-06-30 $8.38B $1.97B 23.46%
2011-03-31 $7.63B $1.53B 19.99%
2010-12-31 $6.85B $1.18B 17.23%
2010-09-30 $6.12B $0.74B 12.02%
2010-06-30 $5.35B $0.42B 7.75%
2010-03-31 $4.82B $0.08B 1.60%
2009-12-31 $4.56B $-0.03B -0.64%
2009-09-30 $4.37B $-0.11B -2.45%
2009-06-30 $4.34B $-0.14B -3.25%
2009-03-31 $4.39B $0.10B 2.35%
2008-12-31 $4.39B $0.16B 3.74%
2008-09-30 $4.34B $0.33B 7.64%
2008-06-30 $3.90B $0.28B 7.26%
2008-03-31 $3.40B $0.30B 8.70%
2007-12-31 $2.95B $0.33B 11.19%
2007-09-30 $2.54B $0.36B 14.26%
2007-06-30 $2.43B $0.52B 21.23%
2007-03-31 $2.33B $0.56B 23.78%
2006-12-31 $2.24B $0.57B 25.63%
2006-09-30 $2.10B $0.55B 26.08%
2006-06-30 $1.99B $0.52B 26.33%
2006-03-31 $1.87B $0.51B 27.41%
2005-12-31 $1.74B $0.49B 28.01%
2005-09-30 $1.59B $0.44B 27.50%
2005-06-30 $1.50B $0.28B 18.80%
2005-03-31 $1.36B $0.24B 17.90%
2004-12-31 $1.20B $0.20B 16.78%
Sector Industry Market Cap Revenue
Consumer Discretionary Gaming $39.081B $13.017B
Las Vegas Sands is a leading international developer of multi-use integrated resorts primarily operating in the U.S. and Asia. In the U.S., the company in its Las Vegas Operations has 3 properties' The Venetian Casino, Las Vegas, The Palazzo, Las Vegas and an Expo and Convention Center. In Asia, the company owns and operates several properties in Macao, China and one in Singapore. These properties are as follows: Macao Operations: Las Vegas Sands' integrated resort properties and other assets in Macao are owned and operated by Sands China Ltd., which is a majority-owned subsidiary of the company. The company's Macao business comprises the following resorts: Sands Macao, The Venetian Macao, Four Seasons Macao, The Parisian Macao and Sands Cotai Central (under development). Sands Cotai Centralis Las Vegas Sands' master-planned resort-casino project under development in the Cotai Strip, Macao. In 2016, the company opened The Parisian Macao, an integrated resort. Marina Bay Sands, Singapore: was opened in 2010.
Stock Name Country Market Cap PE Ratio
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Electronic Arts (EA) United States $50.051B 35.09
Roblox (RBLX) United States $43.495B 0.00
Take-Two Interactive Software (TTWO) United States $36.218B 64.55
Flutter Entertainment (FLUT) United States $26.727B 19.33
DraftKings (DKNG) United States $13.251B 0.00
Wynn Resorts (WYNN) United States $12.265B 21.68
GameStop (GME) United States $11.191B 26.02
Capcom (CCOEY) Japan $10.468B 19.25
MGM Resorts (MGM) United States $10.254B 11.29
Light & Wonder (LNWO) United States $8.972B 17.86
Red Rock Resorts (RRR) United States $6.928B 20.52
Churchill Downs (CHDN) United States $6.523B 15.14
Boyd Gaming (BYD) United States $6.503B 11.22
Super Group (SGHC) (SGHC) $4.586B 16.56
Rush Street Interactive (RSI) United States $4.054B 73.62
Brightstar Lottery (BRSL) United Kingdom $2.885B 18.08
Melco Resorts & Entertainment (MLCO) Hong Kong, SAR China $2.665B 11.55
SJM Holdings (SJMHF) Hong Kong, SAR China $2.140B 0.00
Monarch Casino & Resort (MCRI) United States $1.804B 18.21
PENN Entertainment (PENN) United States $1.787B 0.00
Sharplink Gaming (SBET) United States $1.383B 0.00
Playtika Holding (PLTK) Israel $1.343B 11.16
Accel Entertainment (ACEL) United States $0.939B 13.93
Melco Development (MDEVF) Hong Kong, SAR China $0.866B 0.00
Bally's (BALY) United States $0.737B 0.00
Golden Entertainment (GDEN) United States $0.725B 153.83
UbiSoft Entertainment (UBSFY) France $0.611B 0.00
Corsair Gaming (CRSR) United States $0.551B 36.93
Universal Entertainment (UETMF) Japan $0.508B 1.46
Codere Online Luxembourg, S.A (CDRO) Luxembourg $0.358B 0.00
GDEV (GDEV) $0.290B 0.00
DouYu Holdings (DOYU) China $0.171B 0.00
GCL Global Holdings (GCL) Singapore $0.097B 0.00
Brera Holdings (SLMT) Ireland $0.095B 0.00
CTW Cayman (CTW) Japan $0.081B 0.00
Full House Resorts (FLL) United States $0.081B 0.00
Golden Matrix (GMGI) United States $0.081B 0.00
Canterbury Park Holding (CPHC) United States $0.077B 0.00
PLAYSTUDIOS (MYPS) United States $0.071B 0.00
Skillz (SKLZ) United States $0.059B 0.00
NIP Group (NIPG) Sweden $0.055B 0.00
Gamehaus Holdings (GMHS) China $0.054B 0.00
Galaxy Gaming (GLXZ) United States $0.052B 0.00
Bragg Gaming Group (BRAG) Canada $0.048B 0.00
Century Casinos (CNTY) United States $0.046B 0.00
GameSquare Holdings (GAME) United States $0.031B 0.00
Snail (SNAL) United States $0.025B 0.74
Motorsport Games (MSGM) United States $0.021B 9.10
DarkIris (DKI) Hong Kong, SAR China $0.012B 0.00
Lottery (SEGG) United States $0.011B 0.00
Gaxos.ai (GXAI) United States $0.010B 0.00
Allied Gaming & Entertainment (AGAE) United States $0.010B 0.00
Super League Enterprise (SLE) United States $0.004B 0.00
DoubleDown Interactive (DDI) South Korea $0.000B 3.73