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

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

• On a quarterly basis, EBITDA Margin rose 394.0% year-over-year to 25.22% in Q1 2026; TTM through Mar 2026 was 22.66%, a 218.0% increase from a year earlier, with the FY2025 full-year figure at 21.65%, up 39.0% from the prior year.
• EBITDA Margin climbed to 25.22% in Q1 2026 per LVS's latest filing, from 19.38% in the prior quarter.
• Across five years, EBITDA Margin topped out at 25.22% in Q1 2026 and bottomed at 32.03% in Q1 2022.
• The 5-year median for EBITDA Margin is 21.13% (2023), against an average of 12.13%.
• Across the five-year window, EBITDA Margin tumbled 2400 bps in 2022 and surged 4986 bps in 2023, its largest moves.
• Year by year, EBITDA Margin 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.
• Per Business Quant, the three latest LVS EBITDA Margin figures stand at 25.22% (Q1 2026), 19.38% (Q4 2025), and 21.59% (Q3 2025).