Las Vegas Sands (LVS) Minority Interest (2009 - 2026)
Las Vegas Sands' (LVS) quarterly Minority Interest came in at $410.0 million in Q1 2026, up 22.75% year-on-year from $334.0 million in Q1 2025, and up 19.19% quarter-over-quarter from $344.0 million in Q4 2025.
Las Vegas Sands (LVS) Minority Interest (2009 - 2026) Analysis & Trends
Las Vegas Sands' Minority Interest history runs 18 years deep, the most recent figure standing at $410.0 million for Q1 2026.
- On a quarterly basis, Minority Interest rose 22.75% year-over-year to $410.0 million in Q1 2026; TTM through Mar 2026 was $410.0 million, a 22.75% increase from a year earlier, with the FY2025 full-year figure at $344.0 million, up 24.64% from the prior year.
- Minority Interest grew to $410.0 million in Q1 2026 per LVS's latest filing, from $344.0 million in the prior quarter.
- Across five years, Minority Interest topped out at $410.0 million in Q1 2026 and bottomed at -$227.0 million in Q1 2023.
- The 5-year median for Minority Interest is $140.0 million (2024), against an average of $99.9 million.
- Across the five-year window, Minority Interest tumbled 812.5% in 2023 and soared 2071.43% in 2024, its largest moves.
- Year by year, Minority Interest stood at -$225.0 million in 2022, then jumped by 93.78% to -$14.0 million in 2023, then surged by 2071.43% to $276.0 million in 2024, then gained by 24.64% to $344.0 million in 2025, then gained by 19.19% to $410.0 million in 2026.
- Per Business Quant, the three latest LVS Minority Interest figures stand at $410.0 million (Q1 2026), $344.0 million (Q4 2025), and $296.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn |
| 10 | Studio City International Holdings | 3.53 Bn | 3.45 Bn | 155.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 455.00 Mn |