Las Vegas Sands (LVS) Amortization - Intangibles (2011 - 2026)
Las Vegas Sands (LVS) recorded Amortization - Intangibles of $21 million in Q2 2026, up 5.0% from $20 million a year earlier and unchanged from the prior quarter.
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Analysis
Las Vegas Sands (LVS) Amortization - Intangibles (2011 - 2026) Analysis & Trends
On a TTM basis, Las Vegas Sands' Amortization - Intangibles came in at $83 million as of Jun 30, 2026, up 27.7% year-over-year; for FY2025, it was $76 million, up 26.7% from FY2024.
- Annual Amortization - Intangibles has increased for three straight years, with a five-year compound annual growth rate of 6.7% (FY2020 to FY2025).
- Across earlier years, Amortization - Intangibles came in at $60 million in FY2024 (+3.4%), $58 million in FY2023 (+5.5%), $55 million in FY2022 (-1.8%) and $56 million in FY2021 (+1.8%).
- On a year-over-year basis, Amortization - Intangibles has increased for five consecutive quarters, with growth averaging 19.4% over the last eight quarters.
- Peak year-over-year performance for Amortization - Intangibles in the last five years was growth of 42.9% in Q2 2025, against a decline of 7.1% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $21 million (Q1 2026), $20 million (Q4 2025) and $21 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn |
| 2 | DraftKings | 16.89 Bn | 12.55 Bn | 551.45 Mn |
| 3 | Flutter Entertainment | 12.94 Bn | 6.68 Bn | 1.71 Bn |
| 4 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - |
| 10 | Churchill Downs | 5.27 Bn | 4.55 Bn | 419.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.00 Mn |
| Mar 31, 2026 | 21.00 Mn |
| Dec 31, 2025 | 20.00 Mn |
| Sep 30, 2025 | 21.00 Mn |
| Jun 30, 2025 | 20.00 Mn |
| Mar 31, 2025 | 15.00 Mn |
| Dec 31, 2024 | 15.00 Mn |
| Sep 30, 2024 | 15.00 Mn |
| Jun 30, 2024 | 14.00 Mn |
| Mar 31, 2024 | 16.00 Mn |
| Dec 31, 2023 | 15.00 Mn |
| Sep 30, 2023 | 15.00 Mn |
| Jun 30, 2023 | 14.00 Mn |
| Mar 31, 2023 | 14.00 Mn |
| Dec 31, 2022 | 13.00 Mn |
| Sep 30, 2022 | 14.00 Mn |
| Jun 30, 2022 | 14.00 Mn |
| Mar 31, 2022 | 14.00 Mn |
| Dec 31, 2021 | 14.00 Mn |
| Sep 30, 2021 | 14.00 Mn |
API Access
Las Vegas Sands Amortization - Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=amortization-intangibles&ticker=LVS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "amortization-intangibles", "ticker": "LVS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=amortization-intangibles&ticker=LVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();