LVS vs WYNN
LAS Vegas Sands Corp. and Wynn Resorts Ltd., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | LVS | WYNN |
|---|---|---|
| Revenue | $13.0B | $7.1B |
| Net income | $1.6B | $327.3M |
| Gross margin | · | · |
| Net margin | 14.3% | 5.7% |
| Return on equity | 72.7% | · |
| Diluted EPS | $2.35 | $3.14 |
| Dividend / share | $1.00 | · |
| Payout ratio | 51.2% | 53.4% |
| Free cash flow | $1.9B | $692.2M |
| Equity | $1.6B | $-275.5M |
| Net debt / equity | 6.80× | · |
| Current ratio | 1.14× | 1.63× |
| Revenue CAGR 5y | 34.7% | 27.8% |
| Profit CAGR 5y | · | · |
LVS bills 1.8× the revenue of WYNN, and keeps more of each dollar of revenue as profit (14.3% against 5.7%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | LVS | WYNN |
|---|---|---|
| FY2025 | $13.0B | $7.1B |
| FY2024 | $11.3B | $7.1B |
| FY2023 | $10.4B | $6.5B |
| FY2022 | $4.1B | $3.8B |
| FY2021 | $4.2B | $3.8B |
| FY2020 | $2.9B | $2.1B |
| FY2019 | $12.1B | $6.6B |
| FY2018 | $13.7B | $6.7B |
| FY2017 | $12.7B | $6.1B |
| FY2016 | $11.3B | $4.3B |
Bottom line
| Fiscal year | LVS | WYNN |
|---|---|---|
| FY2025 | $1.6B | $327.3M |
| FY2024 | $1.4B | $501.1M |
| FY2023 | $1.2B | $730.0M |
| FY2022 | $1.8B | $-423.9M |
| FY2021 | $-961.0M | $-755.8M |
| FY2020 | $-1.7B | $-2.1B |
| FY2019 | $2.7B | $123.0M |
| FY2018 | $2.4B | $572.4M |
| FY2017 | $2.8B | $747.2M |
| FY2016 | $1.7B | $242.0M |
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$5,879,076,000 | LVS |
| FY2024 | +$4,170,039,000 | LVS |
| FY2023 | +$3,840,103,000 | LVS |
| FY2022 | +$353,175,000 | LVS |
| FY2021 | +$470,336,000 | LVS |
| FY2020 | +$844,139,000 | LVS |
| FY2019 | +$5,515,901,000 | LVS |
| FY2018 | +$7,011,340,000 | LVS |
| FY2017 | +$6,657,840,000 | LVS |
| FY2016 | +$6,925,203,000 | LVS |
| FY2015 | +$7,612,117,000 | LVS |
| FY2014 | +$9,150,339,000 | LVS |
| FY2013 | +$8,148,949,000 | LVS |
| FY2012 | +$5,976,848,000 | LVS |
| FY2011 | +$4,140,953,000 | LVS |
| FY2010 | +$2,668,484,000 | LVS |
| FY2009 | +$1,517,494,000 | LVS |
| FY2008 | +$1,402,622,000 | LVS |
LVS has reported the higher revenue in every one of these 18 fiscal years. The gap has widened since the earliest year compared.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +8.6 pp | LVS |
| FY2024 | +6.5 pp | LVS |
| FY2023 | +1.8 pp | LVS |
| FY2022 | +51.9 pp | LVS |
| FY2021 | −3.2 pp | WYNN |
| FY2020 | +38.1 pp | LVS |
| FY2019 | +22.5 pp | LVS |
| FY2018 | +9.5 pp | LVS |
| FY2017 | +11.0 pp | LVS |
| FY2016 | +11.0 pp | LVS |
| FY2015 | +13.5 pp | LVS |
| FY2014 | +6.9 pp | LVS |
| FY2013 | +3.6 pp | LVS |
| FY2012 | +2.8 pp | LVS |
| FY2011 | +4.4 pp | LVS |
| FY2010 | +3.8 pp | LVS |
| FY2009 | −9.4 pp | WYNN |
| FY2008 | −10.9 pp | WYNN |
The higher net margin has changed hands between LVS and WYNN over this period.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
WYNN's net margin has been more volatile than LVS's over the 18 comparable fiscal years — 29.2 percentage points of standard deviation against 24.6.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between LVS and WYNN over these 18 fiscal years — LVS led in 15 and WYNN in 3.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
WYNN's return on equity has been more volatile than LVS's over the 6 comparable fiscal years — 46.4 percentage points of standard deviation against 20.0.
6 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between LVS and WYNN over these 6 fiscal years — LVS led in 3 and WYNN in 3.
6 of 18 comparable fiscal years — a year missing data on either side is not counted.