Las Vegas Sands (LVS) Net Long-Term Debt Issued (Repaid) (2009 - 2026)
Las Vegas Sands' Non-Current Debt came in at $13.88 billion for Q3 2026, up 0.2% from $13.85 billion a year earlier and up 1.3% from the prior quarter.
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Analysis
Las Vegas Sands (LVS) Net Long-Term Debt Issued (Repaid) (2009 - 2026) Analysis & Trends
At the end of FY2025, Las Vegas Sands' Non-Current Debt was $14.66 billion, up 38.4% from FY2024.
- Non-Current Debt carries a five-year compound annual growth rate of 1.0% (FY2020 to FY2025).
- Going back by year, Non-Current Debt was $10.59 billion in FY2024 (-12.7%), $12.13 billion in FY2023 (-13.0%), $13.95 billion in FY2022 (-5.3%) and $14.72 billion in FY2021 (+5.7%).
- The five-year range for quarterly Non-Current Debt is $10.59 billion (Q4 2024) to $15.31 billion (Q2 2022).
- Year-over-year, Non-Current Debt increased in five of the last eight quarters, with growth averaging 9.5%.
- The fastest year-over-year change in Non-Current Debt over five years came in Q4 2025 (growth of 38.4%), and the weakest in Q1 2024 (a decline of 14.7%).
- Business Quant data shows LVS's Non-Current Debt at $13.69 billion (Q2 2026), $13.9 billion (Q1 2026) and $14.66 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net LT Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.75 Bn | 12.34 Bn | 1.47 Bn | 132.00 Mn |
| 2 | Flutter Entertainment | 14.42 Bn | 7.81 Bn | 1.52 Bn | 289.00 Mn |
| 3 | Life Time Group Holdings | 10.41 Bn | 9.58 Bn | 419.01 Mn | -6.19 Mn |
| 4 | DraftKings | 9.28 Bn | 4.95 Bn | 551.45 Mn | -1.50 Mn |
| 5 | Wynn Resorts | 8.83 Bn | 2.96 Bn | 655.12 Mn | 3.47 Mn |
| 6 | MGM Resorts International | 8.29 Bn | -1.01 Bn | 1.73 Bn | -400.00 Mn |
| 7 | Madison Square Garden Sports | 7.83 Bn | 7.42 Bn | 119.21 Mn | - |
| 8 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | -16.00 Mn |
| 9 | Churchill Downs | 6.92 Bn | 6.15 Bn | 207.00 Mn | -47.00 Mn |
| 10 | Caesars Entertainment | 5.97 Bn | 2.39 Bn | 1.44 Bn | -148.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 132.00 Mn |
| Jun 30, 2026 | -453.00 Mn |
| Mar 31, 2026 | -33.00 Mn |
| Dec 31, 2025 | -31.00 Mn |
| Sep 30, 2025 | -31.00 Mn |
| Jun 30, 2025 | 1.84 Bn |
| Mar 31, 2025 | 87.00 Mn |
| Dec 31, 2024 | -95.00 Mn |
| Sep 30, 2024 | -19.00 Mn |
| Jun 30, 2024 | -195.00 Mn |
| Mar 31, 2024 | -17.00 Mn |
| Dec 31, 2023 | -266.00 Mn |
| Sep 30, 2023 | -516.00 Mn |
| Jun 30, 2023 | -1.27 Bn |
| Mar 31, 2023 | -17.00 Mn |
| Dec 31, 2022 | 484.00 Mn |
| Sep 30, 2022 | -15.00 Mn |
| Jun 30, 2022 | 481.00 Mn |
| Mar 31, 2022 | 184.00 Mn |
| Dec 31, 2021 | 236.00 Mn |
API Access
Las Vegas Sands Net Long-Term Debt Issued (Repaid) 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=non-current-debt&ticker=LVS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=LVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();