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
DateValue
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