Las Vegas Sands (LVS) Change in Intangibles (2010 - 2026)
Las Vegas Sands (LVS) reported Change in Intangibles of $2 million for Q3 2026, down 33.3% from the prior quarter.
Las Vegas Sands (LVS) Change in Intangibles (2010 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Las Vegas Sands' Change in Intangibles came in at $5 million, down 93.6% year-over-year; for FY2025, it came in at $75 million, up 476.9% from FY2024.
- Change in Intangibles has a four-year compound annual growth rate of 61.6% (FY2021 to FY2025).
- By year, Change in Intangibles came in at $13 million in FY2024 (-94.6%), $240 million in FY2023 (+86.0%), $129 million in FY2022 and $11 million in FY2021.
- Five-year quarterly Change in Intangibles spans a low of -$3 million in Q3 2023 and a high of $223 million in Q2 2023.
- The high point for year-over-year Change in Intangibles in five years was Q4 2022 (growth of 316.7%); the low point was Q2 2024 (a decline of 98.2%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Intangibless (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 43.71 Bn | 37.08 Bn | 655.12 Mn | - |
| 2 | Vail Resorts | 27.65 Bn | 26.37 Bn | - | - |
| 3 | Las Vegas Sands | 25.32 Bn | 12.14 Bn | 1.47 Bn | 2.00 Mn |
| 4 | DraftKings | 16.83 Bn | 12.62 Bn | 429.05 Mn | 38.40 Mn |
| 5 | Flutter Entertainment | 14.10 Bn | 7.73 Bn | 1.52 Bn | 142.00 Mn |
| 6 | Life Time Group Holdings | 10.44 Bn | 9.61 Bn | 419.01 Mn | - |
| 7 | MGM Resorts International | 8.43 Bn | -8.70 Mn | 1.73 Bn | - |
| 8 | MSG Knickerbockers | 7.58 Bn | 7.19 Bn | 36.67 Mn | - |
| 9 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | - |
| 10 | Churchill Downs | 6.84 Bn | 6.10 Bn | 207.00 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.00 Mn |
| Jun 30, 2026 | 3.00 Mn |
| Mar 31, 2025 | 75.00 Mn |
| Dec 31, 2024 | 3.00 Mn |
| Sep 30, 2024 | 2.00 Mn |
| Jun 30, 2024 | 4.00 Mn |
| Mar 31, 2024 | 4.00 Mn |
| Dec 31, 2023 | 4.00 Mn |
| Sep 30, 2023 | -3.00 Mn |
| Jun 30, 2023 | 223.00 Mn |
| Mar 31, 2023 | 16.00 Mn |
| Dec 31, 2022 | 25.00 Mn |
| Sep 30, 2022 | 1.00 Mn |
| Jun 30, 2022 | 91.00 Mn |
| Mar 31, 2022 | 12.00 Mn |
| Dec 31, 2021 | 6.00 Mn |
| Sep 30, 2021 | 5.00 Mn |
| Sep 30, 2015 | -78.85 Mn |
| Dec 31, 2013 | 14,000.00 |
| Dec 31, 2012 | 100,000.00 |
Las Vegas Sands Change in Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-intangibles&ticker=LVS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-intangibles", "ticker": "LVS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-intangibles&ticker=LVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();