Las Vegas Sands LVS
NYSE LVS
$42.60 -0.73 (-1.68%)
As of: Sep 10, 2026 · 3:59 PM EDT

Las Vegas Sands (LVS) EBITDA (2009 - 2026)

Las Vegas Sands (LVS) posted EBITDA of $618.0 million for Q2 2026, down 31.64% on a QoQ basis from $904.0 million in Q1 2026, and down 21.07% year-over-year from $783.0 million in Q2 2025.

Analysis

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

Las Vegas Sands has reported EBITDA for 18 years, with the latest figure at $618.0 million in Q2 2026.

  • On a quarterly basis, EBITDA fell 21.07% year-over-year to $618.0 million in Q2 2026; TTM through Jun 2026 was $2.9 billion, a 18.58% increase from a year earlier, with the FY2025 full-year figure at $2.8 billion, up 17.32% from the prior year.
  • EBITDA was $618.0 million for Q2 2026 at Las Vegas Sands, down from $904.0 million in the prior quarter.
  • The five-year high for EBITDA was $904.0 million in Q1 2026, with the low at -$302.0 million in Q1 2022.
  • Average EBITDA over 5 years is $459.1 million, with a median of $600.0 million recorded in 2024.
  • The sharpest annual moves came in 2022 and 2023: EBITDA plunged 214.58% in 2022, then jumped 527.71% in 2023.
  • Over 5 years, EBITDA stood at -$166.0 million in 2022, then surged by 527.71% to $710.0 million in 2023, then fell by 16.9% to $590.0 million in 2024, then increased by 19.83% to $707.0 million in 2025, then slipped by 12.59% to $618.0 million in 2026.
  • The last three EBITDA figures came in at $618.0 million (Q2 2026), $904.0 million (Q1 2026), and $707.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Las Vegas Sands 27.90 Bn 24.52 Bn 1.81 Bn 618.00 Mn
2 MGM Resorts International 10.33 Bn 7.78 Bn 3.10 Bn 503.64 Mn
3 Wynn Resorts 9.08 Bn 7.50 Bn 1.14 Bn 449.79 Mn
4 Caesars Entertainment 6.05 Bn 4.99 Bn 2.04 Bn 835.00 Mn
5 Churchill Downs 5.79 Bn 5.59 Bn 712.00 Mn 357.00 Mn
6 Boyd Gaming 5.71 Bn 5.39 Bn 766.76 Mn 286.18 Mn
7 Red Rock Resorts 3.17 Bn 2.56 Bn 420.02 Mn 136.00 Mn
8 PENN Entertainment 2.28 Bn 1.39 Bn 1.02 Bn 131.70 Mn
9 Monarch Casino & Resort 2.14 Bn 2.00 Bn 38.62 Mn -65.35 Mn
10 Melco Resorts & Entertainment 1.99 Bn 1.42 Bn 1.05 Bn 303.83 Mn
Historic Data

Historic Data

Download Data
DateValue
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