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| 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 | -5.68 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 |