Las Vegas Sands (LVS) Minority Interest (2009 - 2026)
Las Vegas Sands (LVS) posted Minority Interest of $316 million for Q2 2026, up 8.6% from $291 million a year earlier but down 22.9% from the prior quarter.
Powered by 
Analysis
Las Vegas Sands (LVS) Minority Interest (2009 - 2026) Analysis & Trends
At the end of FY2025, Las Vegas Sands' Minority Interest came in at $344 million, up 24.6% from FY2024.
- Annual Minority Interest shows a five-year compound annual growth rate of -9.4% (FY2020 to FY2025).
- In prior years, Las Vegas Sands' Minority Interest was $276 million in FY2024, -$14 million in FY2023, -$225 million in FY2022 and $252 million in FY2021 (-55.4%).
- Quarterly Minority Interest has run from a low of -$227 million in Q1 2023 to a high of $410 million in Q1 2026 over five years.
- On a year-over-year basis, Minority Interest has increased in each of the last six quarters, with growth averaging 93.6% over the last six quarters.
- The strongest year-over-year quarter for Minority Interest in the past five years was Q1 2025, with growth of 363.9%; the weakest was Q2 2022, with a decline of 94.7%.
- According to Business Quant data, Minority Interest for the three prior quarters was $410 million (Q1 2026), $344 million (Q4 2025) and $296 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.05 Bn | 11.15 Bn | 1.48 Bn |
| 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 | 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 |
| 7 | MGM Resorts International | 7.50 Bn | -1.53 Bn | 1.98 Bn |
| 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 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 316.00 Mn |
| Mar 31, 2026 | 410.00 Mn |
| Dec 31, 2025 | 344.00 Mn |
| Sep 30, 2025 | 296.00 Mn |
| Jun 30, 2025 | 291.00 Mn |
| Mar 31, 2025 | 334.00 Mn |
| Dec 31, 2024 | 276.00 Mn |
| Sep 30, 2024 | 221.00 Mn |
| Jun 30, 2024 | 140.00 Mn |
| Mar 31, 2024 | 72.00 Mn |
| Dec 31, 2023 | -14.00 Mn |
| Sep 30, 2023 | -101.00 Mn |
| Jun 30, 2023 | -171.00 Mn |
| Mar 31, 2023 | -227.00 Mn |
| Dec 31, 2022 | -225.00 Mn |
| Sep 30, 2022 | -119.00 Mn |
| Jun 30, 2022 | 24.00 Mn |
| Mar 31, 2022 | 148.00 Mn |
| Dec 31, 2021 | 252.00 Mn |
| Sep 30, 2021 | 327.00 Mn |
API Access
Las Vegas Sands Minority Interest 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=minority-interest&ticker=LVS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "minority-interest", "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=minority-interest&ticker=LVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();