Las Vegas Sands (LVS) EBIT (2009 - 2026)
Las Vegas Sands (LVS) reported EBIT of $618 million for Q2 2026, down 21.1% from $783 million a year earlier and down 31.6% from the prior quarter.
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Analysis
Las Vegas Sands (LVS) EBIT (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Las Vegas Sands' EBIT came in at $2.95 billion, up 18.6% year-over-year; for FY2025, it came in at $2.82 billion, up 17.3% from FY2024.
- By year, EBIT came in at $2.4 billion in FY2024 (+3.8%), $2.31 billion in FY2023, -$792 million in FY2022 and -$689 million in FY2021.
- The Q2 2026 figure ranks as the lowest quarterly EBIT since Q1 2025.
- Year over year, EBIT gained in four of the last eight quarters, with growth averaging 8.0%.
- The high point for year-over-year EBIT in five years was Q1 2024 (growth of 89.7%); the low point was Q3 2024 (a decline of 26.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $904 million (Q1 2026), $707 million (Q4 2025) and $719 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.72 Bn | 10.82 Bn | 1.48 Bn | 618.00 Mn |
| 2 | Flutter Entertainment | 13.70 Bn | 7.07 Bn | 1.71 Bn | -144.00 Mn |
| 3 | DraftKings | 9.98 Bn | 5.64 Bn | 551.45 Mn | -68.17 Mn |
| 4 | Madison Square Garden Sports | 9.93 Bn | 9.53 Bn | 119.21 Mn | 32.15 Mn |
| 5 | Life Time Group Holdings | 9.17 Bn | 8.40 Bn | 412.26 Mn | 149.71 Mn |
| 6 | Wynn Resorts | 7.86 Bn | 2.15 Bn | 758.95 Mn | 297.59 Mn |
| 7 | MGM Resorts International | 7.26 Bn | -1.77 Bn | 1.98 Bn | 503.64 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 223.00 Mn |
| 9 | Caesars Entertainment | 5.92 Bn | 2.37 Bn | 1.50 Bn | 513.00 Mn |
| 10 | Churchill Downs | 5.79 Bn | 5.01 Bn | 419.00 Mn | 357.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 618.00 Mn |
| Mar 31, 2026 | 904.00 Mn |
| Dec 31, 2025 | 707.00 Mn |
| Sep 30, 2025 | 719.00 Mn |
| Jun 30, 2025 | 783.00 Mn |
| Mar 31, 2025 | 609.00 Mn |
| Dec 31, 2024 | 590.00 Mn |
| Sep 30, 2024 | 504.00 Mn |
| Jun 30, 2024 | 591.00 Mn |
| Mar 31, 2024 | 717.00 Mn |
| Dec 31, 2023 | 710.00 Mn |
| Sep 30, 2023 | 688.00 Mn |
| Jun 30, 2023 | 537.00 Mn |
| Mar 31, 2023 | 378.00 Mn |
| Dec 31, 2022 | -166.00 Mn |
| Sep 30, 2022 | -177.00 Mn |
| Jun 30, 2022 | -147.00 Mn |
| Mar 31, 2022 | -302.00 Mn |
| Dec 31, 2021 | -138.00 Mn |
| Sep 30, 2021 | -316.00 Mn |
API Access
Las Vegas Sands EBIT 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=ebit&ticker=LVS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit", "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=ebit&ticker=LVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();