Las Vegas Sands (LVS) Retained Earnings (2009 - 2026)
Las Vegas Sands' Retained Earnings was $4.9 billion in Q2 2026, up 25.2% from $3.91 billion a year earlier and up 3.1% from the prior quarter.
Powered by 
Analysis
Las Vegas Sands (LVS) Retained Earnings (2009 - 2026) Analysis & Trends
At the end of FY2025, Retained Earnings at Las Vegas Sands came in at $4.39 billion, up 27.0% from FY2024.
- Retained Earnings has now increased for three consecutive years, with a five-year compound annual growth rate of 40.1% (FY2020 to FY2025).
- In earlier years, Retained Earnings was $3.46 billion in FY2024 (+32.9%), $2.6 billion in FY2023 (+54.4%), $1.68 billion in FY2022 and -$148 million in FY2021.
- The Q2 2026 figure marks the highest quarterly Retained Earnings in data going back to Q4 2009.
- Compared with a year earlier, Retained Earnings has increased for 13 straight quarters, with growth averaging 28.6% over the last eight quarters.
- The best year-over-year quarter for Retained Earnings over five years was Q2 2022 (growth of 509.9%); the worst was Q1 2023 (a decline of 23.1%).
- Per Business Quant data, LVS's Retained Earnings in the three quarters before Q2 2026 was $4.75 billion (Q1 2026), $4.39 billion (Q4 2025) and $4.16 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.53 Bn | 10.63 Bn | 1.48 Bn | 4.90 Bn |
| 2 | Flutter Entertainment | 13.74 Bn | 7.11 Bn | 1.71 Bn | 7.84 Bn |
| 3 | DraftKings | 10.22 Bn | 5.88 Bn | 551.45 Mn | -6.48 Bn |
| 4 | Madison Square Garden Sports | 10.01 Bn | 9.61 Bn | 119.21 Mn | -129.86 Mn |
| 5 | Life Time Group Holdings | 9.08 Bn | 8.32 Bn | 412.26 Mn | 142.55 Mn |
| 6 | Wynn Resorts | 7.87 Bn | 2.16 Bn | 758.95 Mn | -1.25 Bn |
| 7 | MGM Resorts International | 7.34 Bn | -1.70 Bn | 1.98 Bn | 2.31 Bn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 353.00 Mn |
| 9 | Caesars Entertainment | 5.92 Bn | 2.36 Bn | 1.50 Bn | - |
| 10 | Churchill Downs | 5.83 Bn | 5.05 Bn | 419.00 Mn | 1.34 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.90 Bn |
| Mar 31, 2026 | 4.75 Bn |
| Dec 31, 2025 | 4.39 Bn |
| Sep 30, 2025 | 4.16 Bn |
| Jun 30, 2025 | 3.91 Bn |
| Mar 31, 2025 | 3.63 Bn |
| Dec 31, 2024 | 3.46 Bn |
| Sep 30, 2024 | 3.28 Bn |
| Jun 30, 2024 | 3.15 Bn |
| Mar 31, 2024 | 2.94 Bn |
| Dec 31, 2023 | 2.60 Bn |
| Sep 30, 2023 | 2.37 Bn |
| Jun 30, 2023 | 2.14 Bn |
| Mar 31, 2023 | 1.83 Bn |
| Dec 31, 2022 | 1.68 Bn |
| Sep 30, 2022 | 1.85 Bn |
| Jun 30, 2022 | 2.09 Bn |
| Mar 31, 2022 | 2.38 Bn |
| Dec 31, 2021 | -148.00 Mn |
| Sep 30, 2021 | -25.00 Mn |
API Access
Las Vegas Sands Retained Earnings 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=retained-earnings&ticker=LVS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "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=retained-earnings&ticker=LVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();