Las Vegas Sands (LVS) EV to EBIT (2010 - 2026)
Las Vegas Sands' (LVS) EV to EBIT stood at 9.12 in Q2 2026, down 15.2% from 10.75 a year earlier and down 13.5% 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 5.55 as of Jun 30, 2026, down 13.0% 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 Q2 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 rose in three of the last eight quarters, with an average decline of 8.2%.
- 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 10.54 (Q1 2026), 14.35 (Q4 2025) and 12.37 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.14 Bn | 11.55 Bn | 1.48 Bn |
| 2 | DraftKings | 18.81 Bn | 14.47 Bn | 551.45 Mn |
| 3 | Flutter Entertainment | 13.30 Bn | 7.05 Bn | 1.71 Bn |
| 4 | Madison Square Garden Sports | 10.02 Bn | 9.62 Bn | 119.21 Mn |
| 5 | Life Time Group Holdings | 8.83 Bn | 8.07 Bn | 412.26 Mn |
| 6 | Wynn Resorts | 8.33 Bn | 1.88 Bn | 758.95 Mn |
| 7 | MGM Resorts International | 8.01 Bn | -169.85 Mn | 1.98 Bn |
| 8 | Caesars Entertainment | 6.03 Bn | 2.65 Bn | 1.50 Bn |
| 9 | Super Group (SGHC) | 5.93 Bn | 3.92 Bn | - |
| 10 | Red Rock Resorts | 5.30 Bn | 4.88 Bn | 315.50 Mn |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Dec 31, 2018 | 9.80 |
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();