Las Vegas Sands (LVS) Asset Utilization Ratio (2010 - 2026)
Las Vegas Sands' (LVS) quarterly Asset Utilization Ratio came in at 0.64 in Q1 2026, up 19.3% year-on-year from 0.53 in Q1 2025, and up 6.35% quarter-over-quarter from 0.6 in Q4 2025.
Las Vegas Sands (LVS) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Las Vegas Sands' Asset Utilization Ratio history runs 17 years deep, the most recent figure standing at 0.64 for Q1 2026.
- On a quarterly basis, Asset Utilization Ratio rose 19.3% year-over-year to 0.64 in Q1 2026; TTM through Mar 2026 was 0.64, a 19.3% increase from a year earlier, with the FY2025 full-year figure at 0.61, up 14.83% from the prior year.
- Asset Utilization Ratio advanced to 0.64 in Q1 2026 per LVS's latest filing, from 0.6 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.64 in Q1 2026 and bottomed at 0.17 in Q2 2022.
- The 5-year median for Asset Utilization Ratio is 0.52 (2024), against an average of 0.42.
- Across the five-year window, Asset Utilization Ratio decreased 12.72% in 2022 and surged 150.1% in 2023, its largest moves.
- Year by year, Asset Utilization Ratio stood at 0.19 in 2022, then jumped by 150.1% to 0.47 in 2023, then grew by 13.81% to 0.54 in 2024, then climbed by 11.5% to 0.6 in 2025, then advanced by 6.35% to 0.64 in 2026.
- Per Business Quant, the three latest LVS Asset Utilization Ratio figures stand at 0.64 (Q1 2026), 0.6 (Q4 2025), and 0.57 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn | 0.64 |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | 0.43 |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | 0.56 |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | 0.62 |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | 0.04 |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | 0.37 |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | 0.50 |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn | 0.44 |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn | 0.48 |
| 10 | Studio City International Holdings | 3.53 Bn | 3.45 Bn | 155.38 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.64 |
| Dec 31, 2025 | 0.60 |
| Sep 30, 2025 | 0.57 |
| Jun 30, 2025 | 0.54 |
| Mar 31, 2025 | 0.53 |
| Dec 31, 2024 | 0.54 |
| Sep 30, 2024 | 0.53 |
| Jun 30, 2024 | 0.54 |
| Mar 31, 2024 | 0.52 |
| Dec 31, 2023 | 0.47 |
| Sep 30, 2023 | 0.39 |
| Jun 30, 2023 | 0.30 |
| Mar 31, 2023 | 0.24 |
| Dec 31, 2022 | 0.19 |
| Sep 30, 2022 | 0.18 |
| Jun 30, 2022 | 0.17 |
| Mar 31, 2022 | 0.19 |
| Dec 31, 2021 | 0.21 |
| Sep 30, 2021 | 0.21 |
| Jun 30, 2021 | 0.19 |