Las Vegas Sands (LVS) Interest Expenses (2009 - 2026)
Las Vegas Sands' (LVS) quarterly Interest Expenses came in at $212.0 million in Q1 2026, down 13.82% year-on-year from $246.0 million in Q1 2025, and up 10.99% quarter-over-quarter from $191.0 million in Q4 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 $212.0 million for Q1 2026.
- On a quarterly basis, Interest Expenses fell 13.82% year-over-year to $212.0 million in Q1 2026; TTM through Mar 2026 was $784.0 million, a 0.88% decrease from a year earlier, with the FY2025 full-year figure at $1.9 billion, down 30.26% from the prior year.
- Interest Expenses improved to $212.0 million in Q1 2026 per LVS's latest filing, from $191.0 million in the prior quarter.
- Across five years, Interest Expenses topped out at $296.0 million in Q1 2023 and bottomed at $162.0 million in Q2 2022.
- The 5-year median for Interest Expenses is $194.0 million (2025), against an average of $208.3 million.
- Across the five-year window, Interest Expenses jumped 53.09% in 2023 and fell 25.0% in 2024, its largest moves.
- Year by year, Interest Expenses 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 increased by 10.99% to $212.0 million in 2026.
- Per Business Quant, the three latest LVS Interest Expenses figures stand at $212.0 million (Q1 2026), $191.0 million (Q4 2025), and $187.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn | 212.00 Mn |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | 29.17 Bn |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | 172.94 Mn |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | 28.45 Mn |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | -111.82 Mn |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | 572.00 Mn |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | 51.32 Mn |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn | 73.00 Mn |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn | 58.39 Mn |
| 10 | Studio City International Holdings | 3.53 Bn | 3.45 Bn | 155.38 Mn | -30.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 212.00 Mn |
| Mar 31, 2026 | 212.00 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 | 246.00 Mn |
| Mar 31, 2025 | 246.00 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 | 260.00 Mn |
| Mar 31, 2024 | 260.00 Mn |
| Dec 31, 2023 | 190.00 Mn |
| Dec 31, 2023 | 190.00 Mn |