Las Vegas Sands (LVS) Interest Coverage Ratio (2009 - 2026)
Las Vegas Sands' (LVS) quarterly Interest Coverage Ratio came in at 4.26 in Q1 2026, up 72.25% year-on-year from 2.48 in Q1 2025, and up 15.2% quarter-over-quarter from 3.7 in Q4 2025.
Las Vegas Sands (LVS) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Las Vegas Sands' Interest Coverage Ratio history runs 18 years deep, the most recent figure standing at 4.26 for Q1 2026.
- On a quarterly basis, Interest Coverage Ratio rose 72.25% year-over-year to 4.26 in Q1 2026; TTM through Mar 2026 was 3.97, a 36.91% increase from a year earlier, with the FY2025 full-year figure at 1.46, up 68.22% from the prior year.
- Interest Coverage Ratio rose to 4.26 in Q1 2026 per LVS's latest filing, from 3.7 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 4.26 in Q1 2026 and bottomed at 1.34 in Q1 2022.
- The 5-year median for Interest Coverage Ratio is 2.82 (2024), against an average of 2.17.
- Across the five-year window, Interest Coverage Ratio sank 234.07% in 2022 and soared 552.47% in 2023, its largest moves.
- Year by year, Interest Coverage Ratio stood at 0.83 in 2022, then jumped by 552.47% to 3.74 in 2023, then fell by 12.28% to 3.28 in 2024, then climbed by 12.93% to 3.7 in 2025, then advanced by 15.2% to 4.26 in 2026.
- Per Business Quant, the three latest LVS Interest Coverage Ratio figures stand at 4.26 (Q1 2026), 3.7 (Q4 2025), and 3.84 (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn | 4.26 |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | 0.01 |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | 1.63 |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | 5.76 |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | 0.30 |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | 0.87 |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | 9.63 |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn | 1.15 |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn | 2.46 |
| 10 | Studio City International Holdings | 3.53 Bn | 3.45 Bn | 155.38 Mn | -10.12 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.26 |
| Dec 31, 2025 | 3.70 |
| Sep 30, 2025 | 3.84 |
| Jun 30, 2025 | 4.04 |
| Mar 31, 2025 | 2.48 |
| Dec 31, 2024 | 3.28 |
| Sep 30, 2024 | 2.82 |
| Jun 30, 2024 | 3.18 |
| Mar 31, 2024 | 2.76 |
| Dec 31, 2023 | 3.74 |
| Sep 30, 2023 | 3.44 |
| Jun 30, 2023 | 2.17 |
| Mar 31, 2023 | 1.28 |
| Dec 31, 2022 | -0.83 |
| Sep 30, 2022 | -0.97 |
| Jun 30, 2022 | -0.91 |
| Mar 31, 2022 | -1.34 |
| Dec 31, 2021 | -0.91 |
| Sep 30, 2021 | -2.01 |
| Jun 30, 2021 | -0.88 |