Las Vegas Sands (LVS) Return on Capital Employed (2010 - 2026)
Las Vegas Sands (LVS) posted quarterly Return on Capital Employed of 18.16% for Q2 2026, up 439.0% year-over-year from 3.37% in Q2 2025, and down 1.31% quarter-over-quarter from 18.4% in Q1 2026.
Las Vegas Sands (LVS) Return on Capital Employed (2010 - 2026) Analysis & Trends
Las Vegas Sands' Return on Capital Employed history runs 17 years deep, the most recent figure standing at 18.16% for Q2 2026.
- In Q2 2026, Return on Capital Employed rose 439.0% year-over-year to 18.16%; the TTM figure through Jun 2026 stood at 18.16% (up 439.0% YoY), while the FY2025 annual figure was 16.51%, up 93.0% from the prior year.
- Return on Capital Employed for Q2 2026 stood at 18.16%, down from 18.4% in the prior quarter.
- The five-year high for Return on Capital Employed was 18.4% in Q1 2026, with the low at 4.71% in Q1 2022.
- The 5-year median for Return on Capital Employed is 14.48% (2025), against an average of 9.21%.
- The sharpest annual moves came in 2023 and 2025: Return on Capital Employed surged 1763 bps in 2023, then slumped 142 bps in 2025.
- Las Vegas Sands' Return on Capital Employed stood at 4.44% in 2022, then soared by 397 bps to 13.2% in 2023, then gained by 20 bps to 15.79% in 2024, then climbed by 2 bps to 16.11% in 2025, then increased by 13 bps to 18.16% in 2026.
- Business Quant data shows LVS's Return on Capital Employed at 18.16% in Q2 2026, 18.4% in Q1 2026, and 16.11% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.78 Bn | 27.40 Bn | 1.81 Bn | 18.16% |
| 2 | MGM Resorts International | 11.10 Bn | 8.55 Bn | 3.10 Bn | 2.72% |
| 3 | Wynn Resorts | 10.30 Bn | 8.73 Bn | 1.14 Bn | 11.51% |
| 4 | Caesars Entertainment | 6.07 Bn | 5.01 Bn | 2.04 Bn | 6.32% |
| 5 | Boyd Gaming | 6.06 Bn | 5.73 Bn | 766.76 Mn | 11.13% |
| 6 | Vail Resorts | 5.46 Bn | 5.09 Bn | - | 9.36% |
| 7 | Marriott Vacations Worldwide | 3.91 Bn | 3.61 Bn | 1.29 Bn | - |
| 8 | Hilton Grand Vacations | 3.57 Bn | 3.30 Bn | 499.00 Mn | - |
| 9 | Red Rock Resorts | 3.53 Bn | 2.93 Bn | 420.02 Mn | 14.30% |
| 10 | PENN Entertainment | 2.49 Bn | 1.60 Bn | 1.02 Bn | -4.49% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 18.16% |
| Mar 31, 2026 | 18.40% |
| Dec 31, 2025 | 16.11% |
| Sep 30, 2025 | 15.88% |
| Jun 30, 2025 | 13.77% |
| Mar 31, 2025 | 15.60% |
| Dec 31, 2024 | 15.79% |
| Sep 30, 2024 | 15.88% |
| Jun 30, 2024 | 15.19% |
| Mar 31, 2024 | 15.38% |
| Dec 31, 2023 | 13.20% |
| Sep 30, 2023 | 7.94% |
| Jun 30, 2023 | 2.83% |
| Mar 31, 2023 | -0.61% |
| Dec 31, 2022 | -4.44% |
| Sep 30, 2022 | -4.16% |
| Jun 30, 2022 | -4.49% |
| Mar 31, 2022 | -4.71% |
| Dec 31, 2021 | -3.96% |
| Sep 30, 2021 | -3.80% |