Las Vegas Sands (LVS) Debt Ratio (2009 - 2026)
Las Vegas Sands (LVS) posted quarterly Debt Ratio of 0.77 for Q2 2026, up 5.88% year-over-year from 0.72 in Q2 2025, and up 3.24% quarter-over-quarter from 0.74 in Q1 2026.
Las Vegas Sands (LVS) Debt Ratio (2009 - 2026) Analysis & Trends
Las Vegas Sands' Debt Ratio history runs 18 years deep, the most recent figure standing at 0.77 for Q2 2026.
- In Q2 2026, Debt Ratio rose 5.88% year-over-year to 0.77; the TTM figure through Jun 2026 stood at 0.77 (up 5.88% YoY), while the FY2025 annual figure was 0.72, up 8.21% from the prior year.
- Debt Ratio for Q2 2026 stood at 0.77, up from 0.74 in the prior quarter.
- The five-year high for Debt Ratio was 0.77 in Q2 2026, with the low at 0.64 in Q4 2023.
- The 5-year median for Debt Ratio is 0.69 (2022), against an average of 0.69.
- The sharpest annual moves came in 2023 and 2026: Debt Ratio fell 11.15% in 2023, then advanced 13.9% in 2026.
- Las Vegas Sands' Debt Ratio stood at 0.72 in 2022, then fell by 11.15% to 0.64 in 2023, then climbed by 3.3% to 0.67 in 2024, then grew by 8.21% to 0.72 in 2025, then climbed by 6.46% to 0.77 in 2026.
- Business Quant data shows LVS's Debt Ratio at 0.77 in Q2 2026, 0.74 in Q1 2026, and 0.72 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.10 Bn | 26.73 Bn | 1.81 Bn | 0.77 |
| 2 | MGM Resorts International | 10.94 Bn | 8.39 Bn | 3.10 Bn | 0.15 |
| 3 | Wynn Resorts | 10.22 Bn | 8.64 Bn | 1.14 Bn | 0.92 |
| 4 | Boyd Gaming | 6.06 Bn | 5.74 Bn | 766.76 Mn | 0.39 |
| 5 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | 0.38 |
| 6 | Vail Resorts | 5.35 Bn | 4.98 Bn | - | 0.54 |
| 7 | Marriott Vacations Worldwide | 3.84 Bn | 3.53 Bn | 1.29 Bn | 0.25 |
| 8 | Hilton Grand Vacations | 3.56 Bn | 3.29 Bn | 499.00 Mn | 0.40 |
| 9 | Red Rock Resorts | 3.54 Bn | 2.94 Bn | 420.02 Mn | 0.82 |
| 10 | PENN Entertainment | 2.46 Bn | 1.57 Bn | 1.02 Bn | 0.20 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.77 |
| Mar 31, 2026 | 0.74 |
| Dec 31, 2025 | 0.72 |
| Sep 30, 2025 | 0.73 |
| Jun 30, 2025 | 0.72 |
| Mar 31, 2025 | 0.65 |
| Dec 31, 2024 | 0.67 |
| Sep 30, 2024 | 0.66 |
| Jun 30, 2024 | 0.65 |
| Mar 31, 2024 | 0.66 |
| Dec 31, 2023 | 0.64 |
| Sep 30, 2023 | 0.65 |
| Jun 30, 2023 | 0.67 |
| Mar 31, 2023 | 0.70 |
| Dec 31, 2022 | 0.72 |
| Sep 30, 2022 | 0.71 |
| Jun 30, 2022 | 0.70 |
| Mar 31, 2022 | 0.67 |
| Dec 31, 2021 | 0.74 |
| Sep 30, 2021 | 0.73 |