Las Vegas Sands (LVS) Retained Earnings (2009 - 2026)
Las Vegas Sands' (LVS) quarterly Retained Earnings came in at $38.0 million in Q1 2026, up 258.33% year-on-year from $10.6 million in Q1 2025, and down 99.13% quarter-over-quarter from $4.4 billion in Q4 2025.
Las Vegas Sands (LVS) Retained Earnings (2009 - 2026) Analysis & Trends
Las Vegas Sands' Retained Earnings history runs 18 years deep, the most recent figure standing at $38.0 million for Q1 2026.
- On a quarterly basis, Retained Earnings rose 258.33% year-over-year to $38.0 million in Q1 2026; TTM through Mar 2026 was $38.0 million, a 258.33% increase from a year earlier, with the FY2025 full-year figure at $4.4 billion, up 26.98% from the prior year.
- Retained Earnings declined to $38.0 million in Q1 2026 per LVS's latest filing, from $4.4 billion in the prior quarter.
- Across five years, Retained Earnings topped out at $6.7 billion in Q3 2023 and bottomed at -$86.0 million in Q2 2022.
- The 5-year median for Retained Earnings is $2.9 billion (2024), against an average of $2.6 billion.
- Across the five-year window, Retained Earnings tumbled 101.3% in 2022 and jumped 92685.71% in 2023, its largest moves.
- Year by year, Retained Earnings stood at -$7.0 million in 2022, then soared by 92685.71% to $6.5 billion in 2023, then plunged by 46.69% to $3.5 billion in 2024, then gained by 26.98% to $4.4 billion in 2025, then sank by 99.13% to $38.0 million in 2026.
- Per Business Quant, the three latest LVS Retained Earnings figures stand at $38.0 million (Q1 2026), $4.4 billion (Q4 2025), and $4.2 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn | 38.00 Mn |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | 2.17 Bn |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | 3.83 Bn |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | -1.68 Mn |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | -3.75 Bn |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | - |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | 818.33 Mn |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn | -5.00 Mn |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn | - |
| 10 | Studio City International Holdings | 3.53 Bn | 3.45 Bn | 155.38 Mn | -1.95 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 38.00 Mn |
| Dec 31, 2025 | 4.39 Bn |
| Sep 30, 2025 | 4.16 Bn |
| Jun 30, 2025 | 6.09 Bn |
| Mar 31, 2025 | -24.00 Mn |
| 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 | 6.48 Bn |
| Sep 30, 2023 | 6.72 Bn |
| Jun 30, 2023 | -41.00 Mn |
| Mar 31, 2023 | 11.00 Mn |
| Dec 31, 2022 | -7.00 Mn |
| Sep 30, 2022 | 1.85 Bn |
| Jun 30, 2022 | -86.00 Mn |
| Mar 31, 2022 | 2.38 Bn |
| Dec 31, 2021 | -148.00 Mn |
| Sep 30, 2021 | 6.64 Bn |
| Jun 30, 2021 | 6.63 Bn |