Las Vegas Sands (LVS) Enterprise Value (2009 - 2026)

Las Vegas Sands' (LVS) quarterly Enterprise Value came in at -$2.9 billion in Q1 2026, down 8.07% year-on-year from -$3.2 billion in Q1 2025, and up 16.5% quarter-over-quarter from -$3.5 billion in Q4 2025.

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

Las Vegas Sands' Enterprise Value history runs 18 years deep, the most recent figure standing at -$2.9 billion for Q1 2026.

  • On a quarterly basis, Enterprise Value fell 8.07% year-over-year to -$2.9 billion in Q1 2026; TTM through Mar 2026 was -$2.9 billion, a 8.07% decrease from a year earlier, with the FY2025 full-year figure at -$3.5 billion, down 3.65% from the prior year.
  • Enterprise Value rose to -$2.9 billion in Q1 2026 per LVS's latest filing, from -$3.5 billion in the prior quarter.
  • Across five years, Enterprise Value topped out at -$2.7 billion in Q1 2025 and bottomed at -$6.8 billion in Q1 2023.
  • The 5-year median for Enterprise Value is -$4.9 billion (2024), against an average of -$4.8 billion.
  • Across the five-year window, Enterprise Value plunged 2869.49% in 2022 and soared 44.68% in 2025, its largest moves.
  • Year by year, Enterprise Value stood at -$6.5 billion in 2022, then increased by 21.68% to -$5.1 billion in 2023, then jumped by 34.09% to -$3.4 billion in 2024, then decreased by 3.65% to -$3.5 billion in 2025, then increased by 16.5% to -$2.9 billion in 2026.
  • Per Business Quant, the three latest LVS Enterprise Value figures stand at -$2.9 billion (Q1 2026), -$3.5 billion (Q4 2025), and -$3.1 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Las Vegas Sands 30.75 Bn 27.42 Bn 3.49 Bn -2.92 Bn
2 MGM Resorts International 11.68 Bn 9.38 Bn 4.32 Bn -2.27 Bn
3 Wynn Resorts 9.99 Bn 9.89 Bn 1.75 Bn -830.65 Mn
4 Boyd Gaming 6.73 Bn 6.36 Bn 984.15 Mn -374.58 Mn
5 Melco Resorts & Entertainment 6.48 Bn 5.85 Bn - -299.78 Mn
6 Caesars Entertainment 6.11 Bn 5.15 Bn 2.78 Bn -778.00 Mn
7 Vail Resorts 5.23 Bn 5.21 Bn - 348.42 Mn
8 Hilton Grand Vacations 4.01 Bn 3.75 Bn 1.23 Bn -108.00 Mn
9 Red Rock Resorts 3.72 Bn 3.12 Bn 433.13 Mn -498.61 Mn
10 Studio City International Holdings 3.53 Bn 3.45 Bn 155.38 Mn -75.03 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -2.92 Bn
Dec 31, 2025 -3.50 Bn
Sep 30, 2025 -3.06 Bn
Jun 30, 2025 -3.16 Bn
Mar 31, 2025 -2.70 Bn
Dec 31, 2024 -3.37 Bn
Sep 30, 2024 -3.99 Bn
Jun 30, 2024 -4.57 Bn
Mar 31, 2024 -4.88 Bn
Dec 31, 2023 -5.12 Bn
Sep 30, 2023 -5.68 Bn
Jun 30, 2023 -5.94 Bn
Mar 31, 2023 -6.76 Bn
Dec 31, 2022 -6.54 Bn
Sep 30, 2022 -5.96 Bn
Jun 30, 2022 -6.43 Bn
Mar 31, 2022 -6.28 Bn
Dec 31, 2021 236.00 Mn
Sep 30, 2021 -1.31 Bn
Jun 30, 2021 439.00 Mn