Las Vegas Sands (LVS) Other Gross PP&E Adjustments (2009 - 2025)

Las Vegas Sands (LVS) recorded quarterly Other Gross PP&E Adjustments of $23.3 billion in Q4 2025, up 122626.32% quarter-over-quarter from -$19.0 million in Q3 2025, and up 4.63% on a YoY basis from $22.2 billion in Q4 2024.

Las Vegas Sands (LVS) Other Gross PP&E Adjustments (2009 - 2025) Analysis & Trends

Las Vegas Sands' Other Gross PP&E Adjustments history runs 17 years deep, the most recent figure standing at $23.3 billion for Q4 2025.

  • In Q4 2025, Other Gross PP&E Adjustments rose 4.63% year-over-year to $23.3 billion; the TTM figure through Mar 2026 stood at -$116.0 million (down 100.0% YoY), while the FY2025 annual figure was $23.3 billion, up 4.63% from the prior year.
  • Other Gross PP&E Adjustments was $23.3 billion for Q4 2025 at Las Vegas Sands, up from -$19.0 million in the prior quarter.
  • In the past five years, Other Gross PP&E Adjustments ranged from a high of $23.3 billion in Q4 2025 to a low of -$58.0 million in Q1 2025.
  • Historically, Other Gross PP&E Adjustments has averaged $13.3 billion across 5 years, with a median of $19.9 billion in 2021.
  • The sharpest annual moves came in 2021 and 2024: Other Gross PP&E Adjustments rose 1.27% in 2021, then advanced 5.67% in 2024.
  • A 5-year view of Other Gross PP&E Adjustments shows it stood at $19.7 billion in 2021, then climbed by 2.01% to $20.1 billion in 2022, then rose by 4.58% to $21.1 billion in 2023, then climbed by 5.67% to $22.2 billion in 2024, then advanced by 4.63% to $23.3 billion in 2025.
  • The last three Other Gross PP&E Adjustments figures came in at $23.3 billion (Q4 2025), -$19.0 million (Q3 2025), and -$39.0 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Other Gross PP&E (Qtr)
1 Wynn Resorts 10.81 Bn 9.98 Bn 1.77 Bn 1.95 Bn
2 Boyd Gaming 6.66 Bn 6.65 Bn 742.51 Mn 5.59 Bn
3 Melco Resorts & Entertainment 6.64 Bn 6.49 Bn - -75.79 Mn
4 Caesars Entertainment 5.97 Bn 5.19 Bn 2.71 Bn 20.71 Bn
5 Vail Resorts 4.89 Bn 4.85 Bn - 2.34 Bn
6 Hilton Grand Vacations 3.97 Bn 3.86 Bn 1.10 Bn -69.00 Mn
7 Red Rock Resorts 3.38 Bn 3.36 Bn 491.72 Mn -50.63 Mn
8 Marriott Vacations Worldwide 3.06 Bn 2.79 Bn 1.23 Bn -
9 PENN Entertainment 2.55 Bn 1.84 Bn 971.20 Mn -1.90 Bn
10 Las Vegas Sands - - 3.56 Bn -

Historic Data

Download Data
DateValue
Dec 31, 2025 23.28 Bn
Dec 31, 2025 23.28 Bn
Sep 30, 2025 -19.00 Mn
Sep 30, 2025 -19.00 Mn
Jun 30, 2025 -39.00 Mn
Jun 30, 2025 -39.00 Mn
Mar 31, 2025 -58.00 Mn
Mar 31, 2025 -58.00 Mn
Dec 31, 2024 22.25 Bn
Dec 31, 2024 22.25 Bn
Dec 31, 2023 21.06 Bn
Dec 31, 2023 21.06 Bn
Dec 31, 2022 20.13 Bn
Dec 31, 2022 20.13 Bn
Dec 31, 2021 19.74 Bn
Dec 31, 2021 19.74 Bn
Dec 31, 2020 19.49 Bn
Dec 31, 2020 19.49 Bn
Dec 31, 2019 24.65 Bn
Dec 31, 2019 24.65 Bn