Las Vegas Sands (LVS) EV to EBIT (2010 - 2026)
Las Vegas Sands' (LVS) EV to EBIT stood at 7.40 in Q3 2026, down 40.2% from 12.37 a year earlier and down 18.8% from the prior quarter.
Las Vegas Sands (LVS) EV to EBIT (2010 - 2026) Analysis & Trends
On a TTM basis, Las Vegas Sands' EV to EBIT came in at 3.70 as of Sep 30, 2026, down 57.1% year-over-year; for FY2025, it was 14.35, up 3.2% from FY2024.
- Across earlier years, EV to EBIT came in at 13.90 in FY2024 (+0.7%) and 13.81 in FY2023.
- The Q3 2026 figure is the lowest quarterly EV to EBIT in data going back to Q1 2010.
- On a year-over-year basis, EV to EBIT has declined for three consecutive quarters, with an average decline of 8.6% over the last eight quarters.
- Peak year-over-year performance for EV to EBIT in the last five years was growth of 3.9% in Q2 2025, against a decline of 84.6% in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 9.12 (Q2 2026), 10.54 (Q1 2026) and 14.35 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.66 Bn | 12.26 Bn | 1.47 Bn |
| 2 | Flutter Entertainment | 14.04 Bn | 7.43 Bn | 1.52 Bn |
| 3 | Life Time Group Holdings | 10.41 Bn | 9.58 Bn | 419.01 Mn |
| 4 | DraftKings | 9.31 Bn | 4.97 Bn | 551.45 Mn |
| 5 | Wynn Resorts | 8.77 Bn | 2.90 Bn | 655.12 Mn |
| 6 | MGM Resorts International | 8.21 Bn | -1.09 Bn | 1.73 Bn |
| 7 | Madison Square Garden Sports | 7.49 Bn | 7.09 Bn | 119.21 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn |
| 9 | Churchill Downs | 6.90 Bn | 6.13 Bn | 207.00 Mn |
| 10 | Caesars Entertainment | 5.95 Bn | 2.37 Bn | 1.44 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.40 |
| Jun 30, 2026 | 9.12 |
| Mar 31, 2026 | 10.54 |
| Dec 31, 2025 | 14.35 |
| Sep 30, 2025 | 12.37 |
| Jun 30, 2025 | 10.75 |
| Mar 31, 2025 | 10.73 |
| Dec 31, 2024 | 13.90 |
| Sep 30, 2024 | 12.89 |
| Jun 30, 2024 | 10.35 |
| Mar 31, 2024 | 12.68 |
| Dec 31, 2023 | 13.81 |
| Sep 30, 2023 | 20.42 |
| Jun 30, 2023 | 67.08 |
| Jun 30, 2020 | 30.11 |
| Mar 31, 2020 | 11.27 |
| Dec 31, 2019 | 13.48 |
| Sep 30, 2019 | 11.46 |
| Jun 30, 2019 | 11.61 |
| Mar 31, 2019 | 12.32 |
Las Vegas Sands EV to EBIT API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebit&ticker=LVS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "ticker": "LVS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebit&ticker=LVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();