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MARKETS / NYSE / LVS
NYSE · HOTELS & MOTELS · LARGE CAP

LAS Vegas Sands Corp. LVS

18 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
$13.0B
▲ 15.2% vs FY2024
Dividend streak
2 yrs
Raised every year since 2024
EPS · FY25
$2.35
Dividend / sh · FY25
$1.00
Payout · FY25
51%
ROE · FY25
72.7%
Net margin · FY25
12.5%
Dividend coverage
2.4×
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Result
USD 13.0B
Revenue, FY2025 · full 18-year series below
Revenue Net income
48121613.01.62008201120142017202020232025
48121613.01.62016201920222025

12 cents of every revenue dollar became profit this year.

Per share
USD 2.35
Diluted EPS, FY2025
EPS Dividend
241.002.352008201120142017202020232025
241.002.352016201920222025

Earnings covered the dividend 2.4 times — the rest stayed in the company.

Profitability
72.7%
Return on equity, FY2025
ROE
2040608072.7%2008201120142017202020232025
2040608072.7%2016201920222025
Operating margin21.6%
Net margin12.5%
Return on assets7.6%

Each USD of equity produced 73 cents of profit this year.

Returned to shareholders
USD 2.8B
returned in FY2025 · dividends + net buybacks
Dividends paidUSD 833.0M
Net buybacksUSD 2.0B
Share of profit171.2%
Consecutive raises2 years

USD 833.0M in dividends and USD 2.0B in buybacks — 171% of the year's profit, so the payout drew on cash built up earlier.

Growth
+34.7% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+46.9%
+34.7%
+1.1%
+4.4%
Net income
−3.9%
−1.9%
+6.9%
EPS, diluted
−0.7%
−0.5%
+10.7%
Dividend / share
+4.8%
−9.1%
Returned to shareholders
+25.1%
−0.4%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.68B
Shares outstanding, FY2025
0.640.682008201120142017202020232025
0.800.682016201920222025
Change, 5 years−11.6%
Change, 10 years−15.1%

The share count shrank 12% in five years — the same company, cut into fewer, larger slices.

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Balance sheet
USD 21.9B
total assets, end of FY2025
Total assetsUSD 21.9B
EquityUSD 1.6B
CashUSD 3.8B
Gross debtUSD 14.7B
Net debtUSD 10.8B
Current ratio1.14×

Net debt stands at 680% of equity.

History
18 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
Revenue $B
13.0
11.3
10.4
4.1
4.2
2.9
12.1
13.7
12.7
11.3
11.7
14.6
13.8
11.1
9.4
6.9
4.6
4.4
Operating income $B
2.8
2.4
2.3
−0.8
−0.7
−1.4
3.4
3.8
3.5
2.5
2.8
4.1
3.4
2.3
2.4
1.2
−0.0
0.2
EBITDA $B
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Income tax $B
0.3
0.2
0.3
0.2
−0.0
0.0
0.4
0.4
−0.2
0.2
0.2
0.2
0.2
0.2
0.2
0.1
−0.0
−0.1
Net income $B
1.6
1.4
1.2
1.8
−1.0
−1.7
2.7
2.4
2.8
1.7
2.0
2.8
2.3
1.5
1.6
0.6
−0.4
−0.2
EPS, diluted $
2.35
1.96
1.60
2.40
−1.26
−2.21
3.50
3.07
3.55
2.11
2.47
3.52
2.79
1.85
1.56
0.51
−0.82
−0.48
Dividend / sh $
1.00
0.80
0.40
·
·
0.79
3.08
3.00
2.92
2.88
2.60
2.00
1.40
3.75
·
·
·
·
Payout %
51
41
25
0
−0
−54
111
123
105
174
138
·
·
·
·
·
·
·
ROE %
72.7
41.3
30.5
62.3
−38.7
−41.3
49.6
39.7
44.3
25.8
28.0
38.2
31.3
20.4
21.5
9.6
−6.1
·
Shares out B
0.68
0.72
0.75
0.76
0.76
0.76
0.76
0.78
0.79
0.80
0.80
0.80
0.82
0.82
0.73
0.71
0.66
0.64

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
52 of 52
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed