Las Vegas Sands (LVS) Dividend Coverage Ratio (2011 - 2025)
Las Vegas Sands' Dividend Coverage Ratio was 1.87 in Q2 2025, down 21.4% from 2.39 a year earlier and down 4.7% from the prior quarter.
Las Vegas Sands (LVS) Dividend Coverage Ratio (2011 - 2025) Analysis & Trends
On a trailing twelve-month basis, Las Vegas Sands' Dividend Coverage Ratio was 1.96 through Jun 30, 2025, down 44.8% year-over-year; for FY2016, it was 0.58, down 20.9% from FY2015.
- Dividend Coverage Ratio has now declined for three consecutive years.
- In earlier years, Dividend Coverage Ratio was 0.73 in FY2015 (-38.7%), 1.19 in FY2014 (-19.3%), 1.47 in FY2013 (+233.0%) and 0.44 in FY2012 (-97.4%).
- The Q2 2025 figure marks the lowest quarterly Dividend Coverage Ratio since Q1 2017.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.66 Bn | 12.26 Bn | 1.47 Bn | - |
| 2 | Flutter Entertainment | 14.04 Bn | 7.43 Bn | 1.52 Bn | - |
| 3 | Life Time Group Holdings | 10.41 Bn | 9.58 Bn | 419.01 Mn | - |
| 4 | DraftKings | 9.31 Bn | 4.97 Bn | 551.45 Mn | - |
| 5 | Wynn Resorts | 8.77 Bn | 2.90 Bn | 655.12 Mn | - |
| 6 | MGM Resorts International | 8.21 Bn | -1.09 Bn | 1.73 Bn | - |
| 7 | Madison Square Garden Sports | 7.49 Bn | 7.09 Bn | 119.21 Mn | - |
| 8 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | - |
| 9 | Churchill Downs | 6.90 Bn | 6.13 Bn | 207.00 Mn | - |
| 10 | Caesars Entertainment | 5.95 Bn | 2.37 Bn | 1.44 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | 1.87 |
| Mar 31, 2025 | 1.97 |
| Sep 30, 2024 | 1.88 |
| Jun 30, 2024 | 2.39 |
| Mar 31, 2024 | 3.27 |
| Sep 30, 2023 | 2.48 |
| Mar 31, 2017 | 0.54 |
| Dec 31, 2016 | 0.89 |
| Sep 30, 2016 | 0.90 |
| Jun 30, 2016 | 0.37 |
| Mar 31, 2016 | 0.36 |
| Dec 31, 2015 | 0.90 |
| Sep 30, 2015 | 0.63 |
| Jun 30, 2015 | 0.90 |
| Mar 31, 2015 | 0.62 |
| Dec 31, 2014 | 1.80 |
| Sep 30, 2014 | 1.68 |
| Jun 30, 2014 | 1.00 |
| Mar 31, 2014 | 0.85 |
| Dec 31, 2013 | 2.01 |
Las Vegas Sands Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=LVS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "LVS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=LVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();