Las Vegas Sands (LVS) Asset Utilization Ratio (2010 - 2026)
Las Vegas Sands (LVS) recorded quarterly Asset Utilization Ratio of 0.64 in Q1 2026, up 6.35% quarter-over-quarter from 0.6 in Q4 2025, and up 19.3% on a YoY basis from 0.53 in Q1 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.
- In Q1 2026, Asset Utilization Ratio rose 19.3% year-over-year to 0.64; the TTM figure through Mar 2026 stood at 0.64 (up 19.3% YoY), while the FY2025 annual figure was 0.61, up 14.83% from the prior year.
- Asset Utilization Ratio was 0.64 for Q1 2026 at Las Vegas Sands, up from 0.6 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.64 in Q1 2026 to a low of 0.17 in Q2 2022.
- Historically, Asset Utilization Ratio has averaged 0.42 across 5 years, with a median of 0.52 in 2024.
- The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio fell 12.72% in 2022, then soared 150.1% in 2023.
- A 5-year view of Asset Utilization Ratio shows it 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.
- The last three Asset Utilization Ratio figures came in at 0.64 (Q1 2026), 0.6 (Q4 2025), and 0.57 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 10.77 Bn | 9.94 Bn | 1.77 Bn | 0.56 |
| 2 | Boyd Gaming | 6.75 Bn | 6.74 Bn | 742.51 Mn | 0.62 |
| 3 | Melco Resorts & Entertainment | 6.64 Bn | 6.49 Bn | - | 0.04 |
| 4 | Caesars Entertainment | 5.96 Bn | 5.18 Bn | 2.71 Bn | 0.37 |
| 5 | Vail Resorts | 4.85 Bn | 4.81 Bn | - | 0.51 |
| 6 | Hilton Grand Vacations | 4.07 Bn | 3.97 Bn | 1.10 Bn | 0.44 |
| 7 | Red Rock Resorts | 3.34 Bn | 3.31 Bn | 491.72 Mn | 0.48 |
| 8 | Marriott Vacations Worldwide | 3.09 Bn | 2.82 Bn | 1.23 Bn | 0.51 |
| 9 | PENN Entertainment | 2.57 Bn | 1.85 Bn | 971.20 Mn | 0.50 |
| 10 | Las Vegas Sands | - | - | 3.56 Bn | 0.64 |
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 |