Las Vegas Sands (LVS) Common Equity (2009 - 2026)

Las Vegas Sands' (LVS) quarterly Common Equity came in at $1.6 billion in Q1 2026, down 46.98% year-on-year from $3.0 billion in Q1 2025, and down 16.86% quarter-over-quarter from $1.9 billion in Q4 2025.

Las Vegas Sands (LVS) Common Equity (2009 - 2026) Analysis & Trends

Las Vegas Sands' Common Equity history runs 18 years deep, the most recent figure standing at $1.6 billion for Q1 2026.

  • On a quarterly basis, Common Equity fell 46.98% year-over-year to $1.6 billion in Q1 2026; TTM through Mar 2026 was $1.6 billion, a 46.98% decrease from a year earlier, with the FY2025 full-year figure at $1.9 billion, down 38.8% from the prior year.
  • Common Equity declined to $1.6 billion in Q1 2026 per LVS's latest filing, from $1.9 billion in the prior quarter.
  • Across five years, Common Equity topped out at $4.7 billion in Q1 2022 and bottomed at $1.6 billion in Q3 2025.
  • The 5-year median for Common Equity is $3.8 billion (2022), against an average of $3.4 billion.
  • Across the five-year window, Common Equity surged 62.63% in 2022 and tumbled 56.92% in 2025, its largest moves.
  • Year by year, Common Equity stood at $3.7 billion in 2022, then grew by 12.25% to $4.1 billion in 2023, then declined by 23.0% to $3.2 billion in 2024, then tumbled by 38.8% to $1.9 billion in 2025, then slipped by 16.86% to $1.6 billion in 2026.
  • Per Business Quant, the three latest LVS Common Equity figures stand at $1.6 billion (Q1 2026), $1.9 billion (Q4 2025), and $1.6 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Common Equity (Qtr)
1 Las Vegas Sands 30.75 Bn 27.42 Bn 3.49 Bn 1.61 Bn
2 MGM Resorts International 11.68 Bn 9.38 Bn 4.32 Bn 2.43 Bn
3 Wynn Resorts 9.99 Bn 9.89 Bn 1.75 Bn -211.82 Mn
4 Boyd Gaming 6.73 Bn 6.36 Bn 984.15 Mn 2.53 Bn
5 Melco Resorts & Entertainment 6.48 Bn 5.85 Bn - -894.53 Mn
6 Caesars Entertainment 6.11 Bn 5.15 Bn 2.78 Bn 3.42 Bn
7 Vail Resorts 5.23 Bn 5.21 Bn - 551.73 Mn
8 Hilton Grand Vacations 4.01 Bn 3.75 Bn 1.23 Bn 1.35 Bn
9 Red Rock Resorts 3.72 Bn 3.12 Bn 433.13 Mn 142.72 Mn
10 Studio City International Holdings 3.53 Bn 3.45 Bn 155.38 Mn 502.87 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.61 Bn
Dec 31, 2025 1.93 Bn
Sep 30, 2025 1.57 Bn
Jun 30, 2025 2.28 Bn
Mar 31, 2025 3.03 Bn
Dec 31, 2024 3.16 Bn
Sep 30, 2024 3.65 Bn
Jun 30, 2024 3.89 Bn
Mar 31, 2024 4.03 Bn
Dec 31, 2023 4.10 Bn
Sep 30, 2023 4.45 Bn
Jun 30, 2023 4.16 Bn
Mar 31, 2023 3.83 Bn
Dec 31, 2022 3.66 Bn
Sep 30, 2022 3.78 Bn
Jun 30, 2022 4.22 Bn
Mar 31, 2022 4.68 Bn
Dec 31, 2021 2.25 Bn
Sep 30, 2021 2.43 Bn
Jun 30, 2021 2.95 Bn