Las Vegas Sands (LVS) Return on Assets [ROA] (2010 - 2026)
Las Vegas Sands' Return on Assets [ROA] was 9.51% in Q2 2026, up 1.75 percentage points from 7.76% a year earlier but down 0.23 percentage points from the prior quarter.
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Analysis
Las Vegas Sands (LVS) Return on Assets [ROA] (2010 - 2026) Analysis & Trends
For FY2025, Return on Assets [ROA] at Las Vegas Sands came in at 8.76%, up 0.51 percentage points from FY2024.
- Return on Assets [ROA] has now increased for five consecutive years, with a five-year change of +18.50 percentage points (FY2020 to FY2025).
- In earlier years, Return on Assets [ROA] was 8.26% in FY2024 (+1.72 pp), 6.53% in FY2023 (+0.08 pp), 6.45% in FY2022 (+12.69 pp) and -6.24% in FY2021 (+3.49 pp).
- Quarterly Return on Assets [ROA] has moved between -7.23% (Q3 2021) and 9.74% (Q1 2026) over five years.
- Compared with a year earlier, Return on Assets [ROA] has increased for three straight quarters, with an average year-over-year change of +1.10 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Assets [ROA] over five years was Q1 2022 (a gain of 18.84 percentage points); the worst was Q1 2023 (a drop of 11.21 percentage points).
- Per Business Quant data, LVS's Return on Assets [ROA] in the three quarters before Q2 2026 was 9.74% (Q1 2026), 8.59% (Q4 2025) and 8.35% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn | 9.51% |
| 2 | DraftKings | 16.89 Bn | 12.55 Bn | 551.45 Mn | -4.08% |
| 3 | Flutter Entertainment | 12.94 Bn | 6.68 Bn | 1.71 Bn | -3.06% |
| 4 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | 0.51% |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn | 5.04% |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn | 4.48% |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn | 1.66% |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | -1.26% |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - | 28.68% |
| 10 | Churchill Downs | 5.27 Bn | 4.55 Bn | 419.00 Mn | 5.54% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.51% |
| Mar 31, 2026 | 9.74% |
| Dec 31, 2025 | 8.59% |
| Sep 30, 2025 | 8.35% |
| Jun 30, 2025 | 7.76% |
| Mar 31, 2025 | 7.53% |
| Dec 31, 2024 | 8.34% |
| Sep 30, 2024 | 8.61% |
| Jun 30, 2024 | 9.09% |
| Mar 31, 2024 | 8.69% |
| Dec 31, 2023 | 6.52% |
| Sep 30, 2023 | 3.10% |
| Jun 30, 2023 | -0.63% |
| Mar 31, 2023 | -4.14% |
| Dec 31, 2022 | 6.24% |
| Sep 30, 2022 | 6.59% |
| Jun 30, 2022 | 5.96% |
| Mar 31, 2022 | 7.07% |
| Dec 31, 2021 | -6.39% |
| Sep 30, 2021 | -7.23% |
API Access
Las Vegas Sands Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=LVS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=LVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();