Las Vegas Sands (LVS) Net Margin (2009 - 2026)

Las Vegas Sands' Net Margin history runs 17 years deep, the most recent figure standing at 17.88% for Q1 2026.

• In Q1 2026, Net Margin rose 362.0% year-over-year to 17.88%; the TTM figure through Mar 2026 stood at 15.28% (up 120.0% YoY), while the FY2025 annual figure was 14.34%, changed N/A from the prior year.
• Net Margin was 17.88% for Q1 2026 at Las Vegas Sands, up from 12.28% in the prior quarter.
• In the past five years, Net Margin ranged from a high of 308.27% in Q1 2022 to a low of 0.45% in Q4 2022.
• Historically, Net Margin has averaged 34.21% across 4 years, with a median of 14.26% in 2025.
• Biggest YoY gain for Net Margin was 31346 bps in 2022; the steepest drop was 1215 bps in 2022.
• A 4-year view of Net Margin shows it stood at 0.45% in 2022, then jumped by 3124 bps to 13.54% in 2024, then retreated by 9 bps to 12.28% in 2025, then jumped by 46 bps to 17.88% in 2026.
• The last three Net Margin figures came in at 17.88% (Q1 2026), 12.28% (Q4 2025), and 14.74% (Q3 2025), per Business Quant data.