Las Vegas Sands (LVS) Income from Non-Controlling Interests (2009 - 2026)
Las Vegas Sands (LVS) recorded Income from Non-Controlling Interests of $27 million in Q2 2026, down 53.4% from $58 million a year earlier and down 63.5% from the prior quarter.
Las Vegas Sands (LVS) Income from Non-Controlling Interests (2009 - 2026) Analysis & Trends
On a TTM basis, Las Vegas Sands' Income from Non-Controlling Interests came in at $226 million as of Jun 30, 2026, down 13.1% year-over-year; for FY2025, it came in at $239 million, down 21.9% from FY2024.
- Across earlier years, Income from Non-Controlling Interests came in at $306 million in FY2024 (+45.7%), $210 million in FY2023, -$475 million in FY2022 and -$315 million in FY2021.
- The Q2 2026 figure is the lowest quarterly Income from Non-Controlling Interests since Q1 2023.
- On a year-over-year basis, Income from Non-Controlling Interests rose in two of the last eight quarters, with an average decline of 14.4%.
- Peak year-over-year performance for Income from Non-Controlling Interests in the last five years was growth of 32.1% in Q1 2026, against a decline of 53.4% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $74 million (Q1 2026), $53 million (Q4 2025) and $72 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inc. Minority (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.05 Bn | 11.15 Bn | 1.48 Bn | 27.00 Mn |
| 2 | Flutter Entertainment | 13.32 Bn | 6.69 Bn | 1.71 Bn | 29.00 Mn |
| 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 | 42.51 Mn |
| 7 | MGM Resorts International | 7.50 Bn | -1.53 Bn | 1.98 Bn | 30.36 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | - |
| 9 | Caesars Entertainment | 5.97 Bn | 2.41 Bn | 1.50 Bn | 21.00 Mn |
| 10 | Churchill Downs | 5.75 Bn | 4.98 Bn | 419.00 Mn | 1.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.00 Mn |
| Mar 31, 2026 | 74.00 Mn |
| Dec 31, 2025 | 53.00 Mn |
| Sep 30, 2025 | 72.00 Mn |
| Jun 30, 2025 | 58.00 Mn |
| Mar 31, 2025 | 56.00 Mn |
| Dec 31, 2024 | 68.00 Mn |
| Sep 30, 2024 | 78.00 Mn |
| Jun 30, 2024 | 71.00 Mn |
| Mar 31, 2024 | 89.00 Mn |
| Dec 31, 2023 | 87.00 Mn |
| Sep 30, 2023 | 69.00 Mn |
| Jun 30, 2023 | 56.00 Mn |
| Mar 31, 2023 | -2.00 Mn |
| Dec 31, 2022 | -105.00 Mn |
| Sep 30, 2022 | -142.00 Mn |
| Jun 30, 2022 | -127.00 Mn |
| Mar 31, 2022 | -101.00 Mn |
| Dec 31, 2021 | -74.00 Mn |
| Sep 30, 2021 | -127.00 Mn |
Las Vegas Sands Income from Non-Controlling Interests 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=income-from-non-controlling-interests&ticker=LVS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-from-non-controlling-interests", "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=income-from-non-controlling-interests&ticker=LVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();