Las Vegas Sands (LVS) Enterprise Value (2009 - 2026)
Las Vegas Sands (LVS) recorded quarterly Enterprise Value of -$2.9 billion in Q1 2026, up 16.5% quarter-over-quarter from -$3.5 billion in Q4 2025, and down 8.07% on a YoY basis from -$3.2 billion in Q1 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.
- In Q1 2026, Enterprise Value fell 8.07% year-over-year to -$2.9 billion; the TTM figure through Mar 2026 stood at -$2.9 billion (down 8.07% YoY), while the FY2025 annual figure was -$3.5 billion, down 3.65% from the prior year.
- Enterprise Value was -$2.9 billion for Q1 2026 at Las Vegas Sands, up from -$3.5 billion in the prior quarter.
- In the past five years, Enterprise Value ranged from a high of $132.0 million in Q1 2022 to a low of -$6.8 billion in Q1 2023.
- Historically, Enterprise Value has averaged -$4.4 billion across 5 years, with a median of -$4.6 billion in 2024.
- The sharpest annual moves came in 2023 and 2025: Enterprise Value sank 5220.45% in 2023, then jumped 44.68% in 2025.
- A 5-year view of Enterprise Value shows it 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.
- The last three Enterprise Value figures came in at -$2.9 billion (Q1 2026), -$3.5 billion (Q4 2025), and -$3.1 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 10.77 Bn | 9.94 Bn | 1.77 Bn | -830.65 Mn |
| 2 | Boyd Gaming | 6.75 Bn | 6.74 Bn | 742.51 Mn | -7.44 Mn |
| 3 | Melco Resorts & Entertainment | 6.64 Bn | 6.49 Bn | - | -299.78 Mn |
| 4 | Caesars Entertainment | 5.96 Bn | 5.18 Bn | 2.71 Bn | -778.00 Mn |
| 5 | Vail Resorts | 4.85 Bn | 4.81 Bn | - | -41.77 Mn |
| 6 | Hilton Grand Vacations | 4.07 Bn | 3.97 Bn | 1.10 Bn | -108.00 Mn |
| 7 | Red Rock Resorts | 3.34 Bn | 3.31 Bn | 491.72 Mn | -29.19 Mn |
| 8 | Marriott Vacations Worldwide | 3.09 Bn | 2.82 Bn | 1.23 Bn | -268.00 Mn |
| 9 | PENN Entertainment | 2.57 Bn | 1.85 Bn | 971.20 Mn | -715.00 Mn |
| 10 | Las Vegas Sands | - | - | 3.56 Bn | -2.92 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -5.67 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 | 132.00 Mn |
| Dec 31, 2021 | -1.60 Bn |
| Sep 30, 2021 | -1.31 Bn |
| Jun 30, 2021 | 439.00 Mn |