Las Vegas Sands (LVS) EBIT Margin (2009 - 2026)

Las Vegas Sands (LVS) recorded quarterly EBIT Margin of 25.22% in Q1 2026, up 30.15% quarter-over-quarter from 19.38% in Q4 2025, and up 394.0% on a YoY basis from 5.1% in Q1 2025.

Las Vegas Sands (LVS) EBIT Margin (2009 - 2026) Analysis & Trends

Las Vegas Sands' EBIT Margin history runs 18 years deep, the most recent figure standing at 25.22% for Q1 2026.

  • In Q1 2026, EBIT Margin rose 394.0% year-over-year to 25.22%; the TTM figure through Mar 2026 stood at 22.66% (up 218.0% YoY), while the FY2025 annual figure was 21.65%, up 39.0% from the prior year.
  • EBIT Margin was 25.22% for Q1 2026 at Las Vegas Sands, up from 19.38% in the prior quarter.
  • In the past five years, EBIT Margin ranged from a high of 25.22% in Q1 2026 to a low of 32.03% in Q1 2022.
  • Historically, EBIT Margin has averaged 12.13% across 5 years, with a median of 21.13% in 2023.
  • The sharpest annual moves came in 2022 and 2023: EBIT Margin tumbled 2400 bps in 2022, then soared 4986 bps in 2023.
  • A 5-year view of EBIT Margin shows it stood at 14.86% in 2022, then soared by 264 bps to 24.36% in 2023, then slipped by 16 bps to 20.37% in 2024, then declined by 5 bps to 19.38% in 2025, then jumped by 30 bps to 25.22% in 2026.
  • The last three EBIT Margin figures came in at 25.22% (Q1 2026), 19.38% (Q4 2025), and 21.59% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Wynn Resorts 10.77 Bn 9.94 Bn 1.77 Bn 15.22%
2 Boyd Gaming 6.75 Bn 6.74 Bn 742.51 Mn 16.44%
3 Melco Resorts & Entertainment 6.64 Bn 6.49 Bn - 195.99%
4 Caesars Entertainment 5.96 Bn 5.18 Bn 2.71 Bn 17.42%
5 Vail Resorts 4.85 Bn 4.81 Bn - 31.83%
6 Hilton Grand Vacations 4.07 Bn 3.97 Bn 1.10 Bn -2.96%
7 Red Rock Resorts 3.34 Bn 3.31 Bn 491.72 Mn 28.32%
8 Marriott Vacations Worldwide 3.09 Bn 2.82 Bn 1.23 Bn 4.77%
9 PENN Entertainment 2.57 Bn 1.85 Bn 971.20 Mn 5.46%
10 Las Vegas Sands - - 3.56 Bn 25.22%

Historic Data

Download Data
DateValue
Mar 31, 2026 25.22%
Dec 31, 2025 19.38%
Sep 30, 2025 21.59%
Jun 30, 2025 24.66%
Mar 31, 2025 21.28%
Dec 31, 2024 20.37%
Sep 30, 2024 18.79%
Jun 30, 2024 21.41%
Mar 31, 2024 24.23%
Dec 31, 2023 24.36%
Sep 30, 2023 24.62%
Jun 30, 2023 21.13%
Mar 31, 2023 17.83%
Dec 31, 2022 -14.86%
Sep 30, 2022 -17.61%
Jun 30, 2022 -14.07%
Mar 31, 2022 -32.03%
Dec 31, 2021 -13.69%
Sep 30, 2021 -36.87%
Jun 30, 2021 -11.85%