Las Vegas Sands (LVS) Interest Expenses (2009 - 2026)
Las Vegas Sands (LVS) recorded Interest Expenses of $189 million in Q2 2026, down 2.6% from $194 million a year earlier but up 0.5% from the prior quarter.
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Analysis
Las Vegas Sands (LVS) Interest Expenses (2009 - 2026) Analysis & Trends
On a TTM basis, Las Vegas Sands' Interest Expenses came in at $755 million as of Jun 30, 2026, up 3.9% year-over-year; for FY2025, it was $746 million, up 2.6% from FY2024.
- Annual Interest Expenses has a five-year compound annual growth rate of 7.4% (FY2020 to FY2025).
- Across earlier years, Interest Expenses came in at $727 million in FY2024 (-11.1%), $818 million in FY2023 (+16.5%), $702 million in FY2022 (+13.0%) and $621 million in FY2021 (+18.7%).
- Quarterly Interest Expenses has ranged from $152 million in Q4 2021 to $218 million in Q1 2023 over the past five years.
- On a year-over-year basis, Interest Expenses rose in four of the last eight quarters, with an average year-over-year change of 0.0%.
- Peak year-over-year performance for Interest Expenses in the last five years was growth of 39.7% in Q1 2023, against a decline of 16.5% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $188 million (Q1 2026), $191 million (Q4 2025) and $187 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.05 Bn | 11.15 Bn | 1.48 Bn | 189.00 Mn |
| 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 | 4.45 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 | 152.18 Mn |
| 7 | MGM Resorts International | 7.50 Bn | -1.53 Bn | 1.98 Bn | 102.13 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 | - |
| 10 | Churchill Downs | 5.75 Bn | 4.98 Bn | 419.00 Mn | 70.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 189.00 Mn |
| Mar 31, 2026 | 188.00 Mn |
| Dec 31, 2025 | 191.00 Mn |
| Sep 30, 2025 | 187.00 Mn |
| Jun 30, 2025 | 194.00 Mn |
| Mar 31, 2025 | 174.00 Mn |
| Dec 31, 2024 | 180.00 Mn |
| Sep 30, 2024 | 179.00 Mn |
| Jun 30, 2024 | 186.00 Mn |
| Mar 31, 2024 | 182.00 Mn |
| Dec 31, 2023 | 190.00 Mn |
| Sep 30, 2023 | 200.00 Mn |
| Jun 30, 2023 | 210.00 Mn |
| Mar 31, 2023 | 218.00 Mn |
| Dec 31, 2022 | 201.00 Mn |
| Sep 30, 2022 | 183.00 Mn |
| Jun 30, 2022 | 162.00 Mn |
| Mar 31, 2022 | 156.00 Mn |
| Dec 31, 2021 | 152.00 Mn |
| Sep 30, 2021 | 157.00 Mn |
API Access
Las Vegas Sands Interest Expenses 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=interest-expenses&ticker=LVS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=LVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();