Las Vegas Sands (LVS) Interest Expenses (2009 - 2026)
Las Vegas Sands (LVS) recorded quarterly Interest Expenses of $188.0 million in Q1 2026, down 1.57% quarter-over-quarter from $191.0 million in Q4 2025, and up 8.05% on a YoY basis from $174.0 million in Q1 2025.
Las Vegas Sands (LVS) Interest Expenses (2009 - 2026) Analysis & Trends
Las Vegas Sands' Interest Expenses history runs 18 years deep, the most recent figure standing at $188.0 million for Q1 2026.
- In Q1 2026, Interest Expenses rose 8.05% year-over-year to $188.0 million; the TTM figure through Mar 2026 stood at $760.0 million (up 5.7% YoY), while the FY2025 annual figure was $746.0 million, up 2.61% from the prior year.
- Interest Expenses was $188.0 million for Q1 2026 at Las Vegas Sands, down from $191.0 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $218.0 million in Q1 2023 to a low of $156.0 million in Q1 2022.
- Historically, Interest Expenses has averaged $187.1 million across 5 years, with a median of $187.0 million in 2025.
- The sharpest annual moves came in 2023 and 2024: Interest Expenses soared 39.74% in 2023, then declined 16.51% in 2024.
- A 5-year view of Interest Expenses shows it stood at $201.0 million in 2022, then dropped by 5.47% to $190.0 million in 2023, then slipped by 5.26% to $180.0 million in 2024, then advanced by 6.11% to $191.0 million in 2025, then fell by 1.57% to $188.0 million in 2026.
- The last three Interest Expenses figures came in at $188.0 million (Q1 2026), $191.0 million (Q4 2025), and $187.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 10.77 Bn | 9.94 Bn | 1.77 Bn | 152.36 Mn |
| 2 | Boyd Gaming | 6.75 Bn | 6.74 Bn | 742.51 Mn | 28.45 Mn |
| 3 | Melco Resorts & Entertainment | 6.64 Bn | 6.49 Bn | - | -111.82 Mn |
| 4 | Caesars Entertainment | 5.96 Bn | 5.18 Bn | 2.71 Bn | - |
| 5 | Vail Resorts | 4.85 Bn | 4.81 Bn | - | 49.48 Mn |
| 6 | Hilton Grand Vacations | 4.07 Bn | 3.97 Bn | 1.10 Bn | 73.00 Mn |
| 7 | Red Rock Resorts | 3.34 Bn | 3.31 Bn | 491.72 Mn | 49.50 Mn |
| 8 | Marriott Vacations Worldwide | 3.09 Bn | 2.82 Bn | 1.23 Bn | - |
| 9 | PENN Entertainment | 2.57 Bn | 1.85 Bn | 971.20 Mn | - |
| 10 | Las Vegas Sands | - | - | 3.56 Bn | 188.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 188.00 Mn |
| Mar 31, 2026 | 188.00 Mn |
| Dec 31, 2025 | 191.00 Mn |
| Dec 31, 2025 | 191.00 Mn |
| Sep 30, 2025 | 187.00 Mn |
| Sep 30, 2025 | 187.00 Mn |
| Jun 30, 2025 | 194.00 Mn |
| Jun 30, 2025 | 194.00 Mn |
| Mar 31, 2025 | 174.00 Mn |
| Mar 31, 2025 | 174.00 Mn |
| Dec 31, 2024 | 180.00 Mn |
| Dec 31, 2024 | 180.00 Mn |
| Sep 30, 2024 | 179.00 Mn |
| Sep 30, 2024 | 179.00 Mn |
| Jun 30, 2024 | 186.00 Mn |
| Jun 30, 2024 | 186.00 Mn |
| Mar 31, 2024 | 182.00 Mn |
| Mar 31, 2024 | 182.00 Mn |
| Dec 31, 2023 | 190.00 Mn |
| Dec 31, 2023 | 190.00 Mn |