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

Las Vegas Sands (LVS) recorded quarterly Debt Ratio of 0.74 in Q1 2026, up 3.12% quarter-over-quarter from 0.72 in Q4 2025, and up 13.9% on a YoY basis from 0.65 in Q1 2025.

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 0.74 for Q1 2026.

  • In Q1 2026, Debt Ratio rose 13.9% year-over-year to 0.74; the TTM figure through Mar 2026 stood at 0.74 (up 13.9% YoY), while the FY2025 annual figure was 0.72, up 8.21% from the prior year.
  • Debt Ratio was 0.74 for Q1 2026 at Las Vegas Sands, up from 0.72 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.74 in Q1 2026 to a low of 0.64 in Q4 2023.
  • Historically, Debt Ratio has averaged 0.69 across 5 years, with a median of 0.67 in 2022.
  • The sharpest annual moves came in 2023 and 2026: Debt Ratio retreated 11.15% in 2023, then climbed 13.9% in 2026.
  • A 5-year view of Debt Ratio shows it stood at 0.72 in 2022, then retreated by 11.15% to 0.64 in 2023, then grew by 3.3% to 0.67 in 2024, then increased by 8.21% to 0.72 in 2025, then climbed by 3.12% to 0.74 in 2026.
  • The last three Debt Ratio figures came in at 0.74 (Q1 2026), 0.72 (Q4 2025), and 0.73 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Wynn Resorts 10.77 Bn 9.94 Bn 1.77 Bn 0.82
2 Boyd Gaming 6.75 Bn 6.74 Bn 742.51 Mn 0.34
3 Melco Resorts & Entertainment 6.64 Bn 6.49 Bn - 1.13
4 Caesars Entertainment 5.96 Bn 5.18 Bn 2.71 Bn 0.37
5 Vail Resorts 4.85 Bn 4.81 Bn - 0.52
6 Hilton Grand Vacations 4.07 Bn 3.97 Bn 1.10 Bn -
7 Red Rock Resorts 3.34 Bn 3.31 Bn 491.72 Mn 0.84
8 Marriott Vacations Worldwide 3.09 Bn 2.82 Bn 1.23 Bn 0.24
9 PENN Entertainment 2.57 Bn 1.85 Bn 971.20 Mn 0.21
10 Las Vegas Sands - - 3.56 Bn 0.74

Historic Data

Download Data
DateValue
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
Jun 30, 2021 0.71