Las Vegas Sands (LVS) Exchange Rate Effect (2009 - 2026)

Las Vegas Sands' (LVS) quarterly Exchange Rate Effect came in at -$16.0 million in Q1 2026, down 366.67% year-on-year from $6.0 million in Q1 2025, and down 1700.0% quarter-over-quarter from $1.0 million in Q4 2025.

Las Vegas Sands (LVS) Exchange Rate Effect (2009 - 2026) Analysis & Trends

Las Vegas Sands' Exchange Rate Effect history runs 18 years deep, the most recent figure standing at -$16.0 million for Q1 2026.

  • On a quarterly basis, Exchange Rate Effect fell 366.67% year-over-year to -$16.0 million in Q1 2026; TTM through Mar 2026 was $6.0 million, a 45.45% decrease from a year earlier, with the FY2025 full-year figure at $28.0 million, up 247.37% from the prior year.
  • Exchange Rate Effect retreated to -$16.0 million in Q1 2026 per LVS's latest filing, from $1.0 million in the prior quarter.
  • Across five years, Exchange Rate Effect topped out at $55.0 million in Q4 2022 and bottomed at -$44.0 million in Q4 2024.
  • The 5-year median for Exchange Rate Effect is -$3.0 million (2023), against an average of $1.4 million.
  • Biggest YoY gain for Exchange Rate Effect was 5400.0% in 2022; the steepest drop was 900.0% in 2022.
  • Year by year, Exchange Rate Effect stood at $55.0 million in 2022, then sank by 41.82% to $32.0 million in 2023, then tumbled by 237.5% to -$44.0 million in 2024, then soared by 102.27% to $1.0 million in 2025, then sank by 1700.0% to -$16.0 million in 2026.
  • Per Business Quant, the three latest LVS Exchange Rate Effect figures stand at -$16.0 million (Q1 2026), $1.0 million (Q4 2025), and $11.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Exchange Rate Effect (Qtr)
1 Las Vegas Sands 30.75 Bn 27.42 Bn 3.49 Bn -16.00 Mn
2 MGM Resorts International 11.68 Bn 9.38 Bn 4.32 Bn -6.44 Mn
3 Wynn Resorts 9.99 Bn 9.89 Bn 1.75 Bn -4.48 Mn
4 Boyd Gaming 6.73 Bn 6.36 Bn 984.15 Mn -50,000.00
5 Melco Resorts & Entertainment 6.48 Bn 5.85 Bn - -4.36 Mn
6 Caesars Entertainment 6.11 Bn 5.15 Bn 2.78 Bn -
7 Vail Resorts 5.23 Bn 5.21 Bn - 1.70 Mn
8 Hilton Grand Vacations 4.01 Bn 3.75 Bn 1.23 Bn -5.00 Mn
9 Red Rock Resorts 3.72 Bn 3.12 Bn 433.13 Mn -
10 Studio City International Holdings 3.53 Bn 3.45 Bn 155.38 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 -16.00 Mn
Mar 31, 2026 -16.00 Mn
Dec 31, 2025 1.00 Mn
Dec 31, 2025 1.00 Mn
Sep 30, 2025 11.00 Mn
Sep 30, 2025 11.00 Mn
Jun 30, 2025 10.00 Mn
Jun 30, 2025 10.00 Mn
Mar 31, 2025 6.00 Mn
Mar 31, 2025 6.00 Mn
Dec 31, 2024 -44.00 Mn
Dec 31, 2024 -44.00 Mn
Sep 30, 2024 50.00 Mn
Sep 30, 2024 50.00 Mn
Jun 30, 2024 -1.00 Mn
Jun 30, 2024 -1.00 Mn
Mar 31, 2024 -24.00 Mn
Mar 31, 2024 -24.00 Mn
Dec 31, 2023 32.00 Mn
Dec 31, 2023 32.00 Mn