Las Vegas Sands (LVS) Dividend Coverage Ratio (2011 - 2026)
Las Vegas Sands (LVS) posted Dividend Coverage Ratio of 1.14 for Q2 2026, down 64.16% on a QoQ basis from 3.17 in Q1 2026, and down 46.1% year-over-year from 2.11 in Q2 2025.
Analysis
Las Vegas Sands (LVS) Dividend Coverage Ratio (2011 - 2026) Analysis & Trends
Las Vegas Sands has reported Dividend Coverage Ratio for 14 years, with the latest figure at 1.14 in Q2 2026.
- On a quarterly basis, Dividend Coverage Ratio fell 46.1% year-over-year to 1.14 in Q2 2026; TTM through Jun 2026 was 2.08, a 10.84% decrease from a year earlier, with the FY2025 full-year figure at 2.24, down 24.56% from the prior year.
- Dividend Coverage Ratio was 1.14 for Q2 2026 at Las Vegas Sands, down from 3.17 in the prior quarter.
- The five-year high for Dividend Coverage Ratio was 3.86 in Q1 2024, with the low at 1.14 in Q2 2026.
- Average Dividend Coverage Ratio over 4 years is 2.61, with a median of 2.68 recorded in 2024.
- The largest YoY upside for Dividend Coverage Ratio was 39.22% in 2026 against a maximum downside of 46.1% in 2026.
- Over 4 years, Dividend Coverage Ratio stood at 3.09 in 2023, then slipped by 12.38% to 2.7 in 2024, then fell by 1.94% to 2.65 in 2025, then plunged by 57.1% to 1.14 in 2026.
- The last three Dividend Coverage Ratio figures came in at 1.14 (Q2 2026), 3.17 (Q1 2026), and 2.65 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 28.23 Bn | 24.85 Bn | 1.81 Bn | 1.14 |
| 2 | MGM Resorts International | 10.30 Bn | 7.75 Bn | 3.10 Bn | 4.16 |
| 3 | Wynn Resorts | 9.26 Bn | 7.69 Bn | 1.14 Bn | 24.02 |
| 4 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | -1.64 |
| 5 | Churchill Downs | 5.87 Bn | 5.67 Bn | 712.00 Mn | - |
| 6 | Boyd Gaming | 5.64 Bn | 5.31 Bn | 766.76 Mn | 8.64 |
| 7 | Red Rock Resorts | 3.18 Bn | 2.57 Bn | 420.02 Mn | 6.13 |
| 8 | PENN Entertainment | 2.30 Bn | 1.41 Bn | 1.02 Bn | - |
| 9 | Monarch Casino & Resort | 2.15 Bn | 2.01 Bn | 38.62 Mn | 6.05 |
| 10 | Melco Resorts & Entertainment | 2.01 Bn | 1.44 Bn | 1.05 Bn | 0.74 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.14 |
| Mar 31, 2026 | 3.17 |
| Dec 31, 2025 | 2.65 |
| Sep 30, 2025 | 2.05 |
| Jun 30, 2025 | 2.11 |
| Mar 31, 2025 | 2.28 |
| Dec 31, 2024 | 2.70 |
| Sep 30, 2024 | 2.42 |
| Jun 30, 2024 | 2.86 |
| Mar 31, 2024 | 3.86 |
| Dec 31, 2023 | 3.09 |
| Sep 30, 2023 | 2.93 |
| Mar 31, 2020 | -0.06 |
| Dec 31, 2019 | 1.10 |
| Sep 30, 2019 | 1.13 |
| Jun 30, 2019 | 1.21 |
| Mar 31, 2019 | 0.82 |
| Dec 31, 2018 | 0.03 |
| Sep 30, 2018 | 1.18 |
| Jun 30, 2018 | 0.75 |