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| Date | Value |
|---|---|
| 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 |