Las Vegas Sands (LVS) Asset Utilization Ratio (2010 - 2026)
Las Vegas Sands (LVS) posted quarterly Asset Utilization Ratio of 0.67 for Q2 2026, up 23.9% year-over-year from 0.54 in Q2 2025, and up 4.73% quarter-over-quarter from 0.64 in Q1 2026.
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 0.67 for Q2 2026.
- In Q2 2026, Asset Utilization Ratio rose 23.9% year-over-year to 0.67; the TTM figure through Jun 2026 stood at 0.67 (up 23.9% YoY), while the FY2025 annual figure was 0.61, up 14.83% from the prior year.
- Asset Utilization Ratio for Q2 2026 stood at 0.67, up from 0.64 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.67 in Q2 2026, with the low at 0.17 in Q2 2022.
- The 5-year median for Asset Utilization Ratio is 0.53 (2024), against an average of 0.43.
- The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio declined 12.72% in 2022, then surged 150.1% in 2023.
- Las Vegas Sands' Asset Utilization Ratio stood at 0.19 in 2022, then soared by 150.1% to 0.47 in 2023, then climbed by 13.81% to 0.54 in 2024, then advanced by 11.5% to 0.6 in 2025, then grew by 11.39% to 0.67 in 2026.
- Business Quant data shows LVS's Asset Utilization Ratio at 0.67 in Q2 2026, 0.64 in Q1 2026, and 0.6 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.37 Bn | 1.81 Bn | 0.67 |
| 2 | MGM Resorts International | 11.07 Bn | 8.53 Bn | 3.10 Bn | 0.44 |
| 3 | Wynn Resorts | 10.31 Bn | 8.73 Bn | 1.14 Bn | 0.57 |
| 4 | Caesars Entertainment | 6.07 Bn | 5.01 Bn | 2.04 Bn | 0.37 |
| 5 | Boyd Gaming | 6.06 Bn | 5.74 Bn | 766.76 Mn | 0.62 |
| 6 | Vail Resorts | 5.46 Bn | 5.09 Bn | - | 0.50 |
| 7 | Marriott Vacations Worldwide | 3.89 Bn | 3.59 Bn | 1.29 Bn | 0.54 |
| 8 | Hilton Grand Vacations | 3.57 Bn | 3.30 Bn | 499.00 Mn | 0.44 |
| 9 | Red Rock Resorts | 3.51 Bn | 2.91 Bn | 420.02 Mn | 0.47 |
| 10 | PENN Entertainment | 2.49 Bn | 1.60 Bn | 1.02 Bn | 0.51 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.67 |
| 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 |