Las Vegas Sands (LVS) Goodwill & Intangibles (2009 - 2026)
Las Vegas Sands (LVS) posted Goodwill & Intangibles of $529 million for Q2 2026, down 17.5% from $641 million a year earlier and down 2.9% from the prior quarter.
Las Vegas Sands (LVS) Goodwill & Intangibles (2009 - 2026) Analysis & Trends
At the end of FY2025, Las Vegas Sands' Goodwill & Intangibles came in at $573 million, up 5.1% from FY2024.
- Annual Goodwill & Intangibles shows a five-year compound annual growth rate of 87.1% (FY2020 to FY2025).
- In prior years, Las Vegas Sands' Goodwill & Intangibles was $545 million in FY2024 (-8.9%), $598 million in FY2023 (+834.4%), $64 million in FY2022 (+236.8%) and $19 million in FY2021 (-24.0%).
- The Q2 2026 figure stands as the lowest quarterly Goodwill & Intangibles since Q4 2022.
- On a year-over-year basis, Goodwill & Intangibles increased in four of the last eight quarters, with an average decline of 2.0%.
- The strongest year-over-year quarter for Goodwill & Intangibles in the past five years was Q3 2023, with growth of 882.3%; the weakest was Q3 2021, with a decline of 46.4%.
- According to Business Quant data, Goodwill & Intangibles for the three prior quarters was $545 million (Q1 2026), $573 million (Q4 2025) and $592 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.05 Bn | 11.15 Bn | 1.48 Bn |
| 2 | Flutter Entertainment | 13.32 Bn | 6.69 Bn | 1.71 Bn |
| 3 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn |
| 4 | DraftKings | 9.57 Bn | 5.23 Bn | 551.45 Mn |
| 5 | Life Time Group Holdings | 9.03 Bn | 8.26 Bn | 412.26 Mn |
| 6 | Wynn Resorts | 7.89 Bn | 2.18 Bn | 758.95 Mn |
| 7 | MGM Resorts International | 7.50 Bn | -1.53 Bn | 1.98 Bn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn |
| 9 | Caesars Entertainment | 5.97 Bn | 2.41 Bn | 1.50 Bn |
| 10 | Churchill Downs | 5.75 Bn | 4.98 Bn | 419.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 529.00 Mn |
| Mar 31, 2026 | 545.00 Mn |
| Dec 31, 2025 | 573.00 Mn |
| Sep 30, 2025 | 592.00 Mn |
| Jun 30, 2025 | 641.00 Mn |
| Mar 31, 2025 | 660.00 Mn |
| Dec 31, 2024 | 545.00 Mn |
| Sep 30, 2024 | 560.00 Mn |
| Jun 30, 2024 | 572.00 Mn |
| Mar 31, 2024 | 584.00 Mn |
| Dec 31, 2023 | 598.00 Mn |
| Sep 30, 2023 | 609.00 Mn |
| Jun 30, 2023 | 631.00 Mn |
| Mar 31, 2023 | 545.00 Mn |
| Dec 31, 2022 | 64.00 Mn |
| Sep 30, 2022 | 62.00 Mn |
| Jun 30, 2022 | 67.00 Mn |
| Mar 31, 2022 | 19.00 Mn |
| Dec 31, 2021 | 19.00 Mn |
| Sep 30, 2021 | 15.00 Mn |
Las Vegas Sands Goodwill & Intangibles 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=goodwill-and-intangibles&ticker=LVS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill-and-intangibles", "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=goodwill-and-intangibles&ticker=LVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();