Las Vegas Sands LVS
NYSE LVS
$43.33 -0.65 (-1.49%)
As of: Sep 9, 2026 · 3:59 PM EDT

Las Vegas Sands (LVS) Debt Ratio (2009 - 2026)

Las Vegas Sands (LVS) posted Debt Ratio of 0.77 for Q2 2026, up 3.24% on a QoQ basis from 0.74 in Q1 2026, and up 5.88% year-over-year from 0.72 in Q2 2025.

Analysis

Las Vegas Sands (LVS) Debt Ratio (2009 - 2026) Analysis & Trends

Las Vegas Sands has reported Debt Ratio for 18 years, with the latest figure at 0.77 in Q2 2026.

  • On a quarterly basis, Debt Ratio rose 5.88% year-over-year to 0.77 in Q2 2026; TTM through Jun 2026 was 0.77, a 5.88% increase from a year earlier, with the FY2025 full-year figure at 0.72, up 8.21% from the prior year.
  • Debt Ratio was 0.77 for Q2 2026 at Las Vegas Sands, 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.
  • Average Debt Ratio over 5 years is 0.69, with a median of 0.69 recorded in 2022.
  • The sharpest annual moves came in 2023 and 2026: Debt Ratio decreased 11.15% in 2023, then grew 13.9% in 2026.
  • Over 5 years, Debt Ratio stood at 0.72 in 2022, then decreased by 11.15% to 0.64 in 2023, then increased by 3.3% to 0.67 in 2024, then rose by 8.21% to 0.72 in 2025, then increased by 6.46% to 0.77 in 2026.
  • The last three Debt Ratio figures came in at 0.77 (Q2 2026), 0.74 (Q1 2026), and 0.72 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Las Vegas Sands 28.74 Bn 25.68 Bn 1.81 Bn 0.77
2 MGM Resorts International 10.37 Bn 8.67 Bn 3.10 Bn 0.15
3 Wynn Resorts 9.47 Bn 7.16 Bn 1.14 Bn 0.92
4 Churchill Downs 6.07 Bn 5.92 Bn 712.00 Mn 0.42
5 Caesars Entertainment 6.05 Bn 5.16 Bn 2.04 Bn 0.38
6 Red Rock Resorts 6.00 Bn 5.52 Bn 420.02 Mn 0.82
7 Boyd Gaming 5.71 Bn 5.38 Bn 766.76 Mn 0.39
8 PENN Entertainment 2.29 Bn 1.39 Bn 1.02 Bn 0.20
9 Monarch Casino & Resort 2.18 Bn 2.04 Bn 38.62 Mn -
10 Melco Resorts & Entertainment 2.12 Bn 1.85 Bn 1.05 Bn 0.81
Historic Data

Historic Data

Download Data
DateValue
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