Las Vegas Sands Corporation is an American casino and resort company based in Paradise, Nevada, United States. Its resorts feature accommodations, gambling and entertainment, convention and exhibition facilities, restaurants and clubs, as well as an art and science museum in Singapore.
| Revenue (TTM) | $13.60B |
| Gross Profit (TTM) | $10.70B |
| EBITDA | $4.45B |
| Operating Margin | 19.30% |
| Return on Equity | 207.10% |
| Return on Assets | 9.24% |
| Revenue/Share (TTM) | $20.63 |
| Book Value | $-0.55 |
| Price-to-Book | 40.77 |
| Price-to-Sales (TTM) | 1.94 |
| EV/Revenue | 2.873 |
| EV/EBITDA | 8.76 |
| Quarterly Earnings Growth (YoY) | -22.00% |
| Quarterly Revenue Growth (YoY) | -3.50% |
| Shares Outstanding | $647.70M |
| Float | $269.99M |
| % Insiders | 63.75% |
| % Institutions | 43.04% |
Volatility is currently expanding
Las Vegas Sands' Q3 earnings and revenues miss estimates as soft premium play and higher costs squeeze profits, despite a stronger Macao mass gaming share.
Las Vegas Sands Corp. reported a double miss for Q3, as previous strong earnings growth has stalled for now. Underneath LVS's weak earnings in Macau, the company's operational performance was good. LVS gained market share in a temporarily subdued market backdrop. Marina Bay Sands' weakness seems to reflect current macroeconomic volatility in Southeast Asia.
Las Vegas Sands repurchased 19% of outstanding shares over 12 quarters. Macao mass gaming revenue market share reached 26.1% in the quarter.
The headline numbers for Las Vegas Sands (LVS) give insight into how the company performed in the quarter ended September 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Las Vegas Sands NYSE: LVS said third-quarter results were affected by softer demand from high-end customers in both Singapore and Macao, though the company maintained its long-term investment plans and expanded its shareholder-return programs.
Las Vegas Sands Corp. (LVS) Q3 2026 Earnings Call Transcript
For the quarter ended September 30, 2026 Net Revenue $3.22 billion Net Income $352 million Diluted Earnings per Share $0.48 Consolidated Adjusted Property EBITDA $1.12 billion LVS Repurchased $950 million of Common Stock During the Quarter LVS Board of Directors Announced a 20% Increase in LVS's Recurring Common Stock Dividend for the 2027 Calendar Year, Raising the Annual Dividend to $1.44 per Share ($0.36 per Share per Quarter) LAS VEGAS, Oct. 21, 2026 /PRNewswire/ -- Las Vegas Sands (NYSE: LVS), the leading global developer and operator of Integrated Resorts, today reported financial results for the quarter ended September 30, 2026. "We continued to execute our strategic objectives during the quarter in both Singapore and Macao while increasing the return of capital to shareholders, including through the repurchase of $950 million of our common stock during the quarter," said Patrick Dumont, chairman and chief executive officer.
LVS heads into Q3 earnings with premium gaming demand expected to lift results in Singapore and Macao, but competition and spending could pressure margins.
Evaluate the expected performance of Las Vegas Sands (LVS) for the quarter ended September 2026, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Unites NBA legends, GBA students and teachers, and Macao community Extending impact of mega event into local community Promoting youth development and social inclusion MACAO, Oct. 15, 2026 /PRNewswire/ -- As an important initiative of The NBA China Games 2026, the NBA Cares x Sands Cares Community Impact Week 2026 wrapped up Sunday, closing out an exciting week of community activities. Organized by Sands China and NBA Cares, the five-day programme fully embodied Sands China's commitment to serving the Macao community, leveraging the impact of a world-class sporting event to unite stakeholders from different backgrounds and regions to extend the event's benefits into the local community.
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