Las Vegas Sands (LVS) Minority Interest (2009 - 2026)
Las Vegas Sands (LVS) posted Minority Interest of $229 million for Q3 2026, down 22.6% from $296 million a year earlier and down 27.5% from the prior quarter.
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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%).
- The Q3 2026 figure stands as the lowest quarterly Minority Interest since Q3 2024.
- On a year-over-year basis, Minority Interest increased in six of the last seven quarters, with growth averaging 77.0%.
- 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 $316 million (Q2 2026), $410 million (Q1 2026) and $344 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.55 Bn | 12.37 Bn | 1.47 Bn |
| 2 | DraftKings | 20.54 Bn | 16.21 Bn | 551.45 Mn |
| 3 | Flutter Entertainment | 14.19 Bn | 7.93 Bn | 1.71 Bn |
| 4 | Life Time Group Holdings | 10.64 Bn | 9.81 Bn | 419.01 Mn |
| 5 | Wynn Resorts | 8.52 Bn | 2.07 Bn | 758.95 Mn |
| 6 | MGM Resorts International | 8.26 Bn | -177.27 Mn | 1.73 Bn |
| 7 | Madison Square Garden Sports | 7.58 Bn | 7.18 Bn | 119.21 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn |
| 9 | Churchill Downs | 6.72 Bn | 5.98 Bn | 207.00 Mn |
| 10 | Caesars Entertainment | 5.98 Bn | 2.57 Bn | 1.44 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 229.00 Mn |
| 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 |
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();