Las Vegas Sands (LVS) Asset Writedowns and Impairment (2009 - 2026)
Las Vegas Sands (LVS) recorded quarterly Asset Writedowns and Impairment of $29.0 million in Q1 2026, down 36.96% quarter-over-quarter from $46.0 million in Q4 2025, and up 480.0% on a YoY basis from $5.0 million in Q1 2025.
Las Vegas Sands (LVS) Asset Writedowns and Impairment (2009 - 2026) Analysis & Trends
Las Vegas Sands' Asset Writedowns and Impairment history runs 18 years deep, the most recent figure standing at $29.0 million for Q1 2026.
- In Q1 2026, Asset Writedowns and Impairment rose 480.0% year-over-year to $29.0 million; the TTM figure through Mar 2026 stood at $109.0 million (up 738.46% YoY), while the FY2025 annual figure was $85.0 million, up 347.37% from the prior year.
- Asset Writedowns and Impairment was $29.0 million for Q1 2026 at Las Vegas Sands, down from $46.0 million in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $46.0 million in Q4 2025 to a low of -$6.0 million in Q1 2023.
- Historically, Asset Writedowns and Impairment has averaged $8.9 million across 5 years, with a median of $5.0 million in 2023.
- The sharpest annual moves came in 2024 and 2026: Asset Writedowns and Impairment tumbled 266.67% in 2024, then jumped 480.0% in 2026.
- A 5-year view of Asset Writedowns and Impairment shows it stood at $1.0 million in 2022, then soared by 100.0% to $2.0 million in 2023, then soared by 350.0% to $9.0 million in 2024, then jumped by 411.11% to $46.0 million in 2025, then slumped by 36.96% to $29.0 million in 2026.
- The last three Asset Writedowns and Impairment figures came in at $29.0 million (Q1 2026), $46.0 million (Q4 2025), and $18.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Wynn Resorts | 10.77 Bn | 9.94 Bn | 1.77 Bn |
| 2 | Boyd Gaming | 6.75 Bn | 6.74 Bn | 742.51 Mn |
| 3 | Melco Resorts & Entertainment | 6.64 Bn | 6.49 Bn | - |
| 4 | Caesars Entertainment | 5.96 Bn | 5.18 Bn | 2.71 Bn |
| 5 | Vail Resorts | 4.85 Bn | 4.81 Bn | - |
| 6 | Hilton Grand Vacations | 4.07 Bn | 3.97 Bn | 1.10 Bn |
| 7 | Red Rock Resorts | 3.34 Bn | 3.31 Bn | 491.72 Mn |
| 8 | Marriott Vacations Worldwide | 3.09 Bn | 2.82 Bn | 1.23 Bn |
| 9 | PENN Entertainment | 2.57 Bn | 1.85 Bn | 971.20 Mn |
| 10 | Las Vegas Sands | - | - | 3.56 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 29.00 Mn |
| Mar 31, 2026 | 29.00 Mn |
| Dec 31, 2025 | 46.00 Mn |
| Dec 31, 2025 | 46.00 Mn |
| Sep 30, 2025 | 18.00 Mn |
| Sep 30, 2025 | 18.00 Mn |
| Jun 30, 2025 | 16.00 Mn |
| Jun 30, 2025 | 16.00 Mn |
| Mar 31, 2025 | 5.00 Mn |
| Mar 31, 2025 | 5.00 Mn |
| Dec 31, 2024 | 9.00 Mn |
| Dec 31, 2024 | 9.00 Mn |
| Sep 30, 2024 | -5.00 Mn |
| Sep 30, 2024 | -5.00 Mn |
| Jun 30, 2024 | 4.00 Mn |
| Jun 30, 2024 | 4.00 Mn |
| Mar 31, 2024 | 11.00 Mn |
| Mar 31, 2024 | 11.00 Mn |
| Dec 31, 2023 | 2.00 Mn |
| Dec 31, 2023 | 2.00 Mn |