Las Vegas Sands (LVS) Interest Coverage Ratio (2009 - 2026)
Las Vegas Sands (LVS) posted quarterly Interest Coverage Ratio of 3.27 for Q2 2026, down 18.98% year-over-year from 4.04 in Q2 2025, and down 23.32% quarter-over-quarter from 4.26 in Q1 2026.
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 3.27 for Q2 2026.
- In Q2 2026, Interest Coverage Ratio fell 18.98% year-over-year to 3.27; the TTM figure through Jun 2026 stood at 3.97 (up 24.97% YoY), while the FY2025 annual figure was 1.46, up 68.22% from the prior year.
- Interest Coverage Ratio for Q2 2026 stood at 3.27, down from 4.26 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 6.02 in Q4 2023, with the low at 1.47 in Q4 2022.
- The 5-year median for Interest Coverage Ratio is 3.0 (2024), against an average of 2.39.
- The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio plunged 234.07% in 2022, then jumped 509.59% in 2023.
- Las Vegas Sands' Interest Coverage Ratio stood at 1.47 in 2022, then soared by 509.59% to 6.02 in 2023, then tumbled by 40.21% to 3.6 in 2024, then rose by 26.79% to 4.56 in 2025, then fell by 28.31% to 3.27 in 2026.
- Business Quant data shows LVS's Interest Coverage Ratio at 3.27 in Q2 2026, 4.26 in Q1 2026, and 4.56 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.10 Bn | 26.73 Bn | 1.81 Bn | 3.27 |
| 2 | MGM Resorts International | 10.94 Bn | 8.39 Bn | 3.10 Bn | 4.93 |
| 3 | Wynn Resorts | 10.22 Bn | 8.64 Bn | 1.14 Bn | 1.96 |
| 4 | Boyd Gaming | 6.06 Bn | 5.74 Bn | 766.76 Mn | 6.39 |
| 5 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | - |
| 6 | Vail Resorts | 5.35 Bn | 4.98 Bn | - | 9.63 |
| 7 | Marriott Vacations Worldwide | 3.84 Bn | 3.53 Bn | 1.29 Bn | 4.55 |
| 8 | Hilton Grand Vacations | 3.56 Bn | 3.29 Bn | 499.00 Mn | -10.97 |
| 9 | Red Rock Resorts | 3.54 Bn | 2.94 Bn | 420.02 Mn | 2.74 |
| 10 | PENN Entertainment | 2.46 Bn | 1.57 Bn | 1.02 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.27 |
| Mar 31, 2026 | 4.26 |
| Dec 31, 2025 | 4.56 |
| Sep 30, 2025 | 3.84 |
| Jun 30, 2025 | 4.04 |
| Mar 31, 2025 | 2.48 |
| Dec 31, 2024 | 3.60 |
| Sep 30, 2024 | 2.82 |
| Jun 30, 2024 | 3.18 |
| Mar 31, 2024 | 2.76 |
| Dec 31, 2023 | 6.02 |
| Sep 30, 2023 | 3.44 |
| Jun 30, 2023 | 2.17 |
| Mar 31, 2023 | 1.28 |
| Dec 31, 2022 | -1.47 |
| Sep 30, 2022 | -0.97 |
| Jun 30, 2022 | -0.91 |
| Mar 31, 2022 | -1.34 |
| Dec 31, 2021 | -1.59 |
| Sep 30, 2021 | -2.01 |