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
Download Data
Historic 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 |