Las Vegas Sands (LVS) Amortizatization of Intangibles (2011 - 2026)
Las Vegas Sands (LVS) recorded Amortizatization of 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) Amortizatization of Intangibles (2011 - 2026) Analysis & Trends
On a TTM basis, Las Vegas Sands' Amortizatization of Intangibles came in at $83 million as of Jun 30, 2026, up 27.7% year-over-year; for FY2025, it came in at $76 million, up 26.7% from FY2024.
- Annual Amortizatization of Intangibles has increased for three straight years, with a five-year compound annual growth rate of 6.7% (FY2020 to FY2025).
- Across earlier years, Amortizatization of 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, Amortizatization of Intangibles has increased for five consecutive quarters, with growth averaging 19.4% over the last eight quarters.
- Peak year-over-year performance for Amortizatization of 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) | Amort. of Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.05 Bn | 11.15 Bn | 1.48 Bn | 21.00 Mn |
| 2 | Flutter Entertainment | 13.32 Bn | 6.69 Bn | 1.71 Bn | - |
| 3 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | - |
| 4 | DraftKings | 9.57 Bn | 5.23 Bn | 551.45 Mn | - |
| 5 | Life Time Group Holdings | 9.03 Bn | 8.26 Bn | 412.26 Mn | - |
| 6 | Wynn Resorts | 7.89 Bn | 2.18 Bn | 758.95 Mn | - |
| 7 | MGM Resorts International | 7.50 Bn | -1.53 Bn | 1.98 Bn | - |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | - |
| 9 | Caesars Entertainment | 5.97 Bn | 2.41 Bn | 1.50 Bn | - |
| 10 | Churchill Downs | 5.75 Bn | 4.98 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 Amortizatization of 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=amortizatization-of-intangibles&ticker=LVS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "amortizatization-of-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=amortizatization-of-intangibles&ticker=LVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();