Las Vegas Sands (LVS) Return on Equity [ROE] (2010 - 2026)
Las Vegas Sands (LVS) reported Return on Equity [ROE] of 155.93% for Q2 2026, up 93.01 percentage points from 62.92% a year earlier and up 37.41 percentage points from the prior quarter.
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Analysis
Las Vegas Sands (LVS) Return on Equity [ROE] (2010 - 2026) Analysis & Trends
For FY2025, Las Vegas Sands posted Return on Equity [ROE] of 73.26%, up 25.02 percentage points from FY2024.
- Return on Equity [ROE] has a five-year change of +115.93 percentage points (FY2020 to FY2025).
- By year, Return on Equity [ROE] came in at 48.24% in FY2024 (+11.36 pp), 36.88% in FY2023 (-9.09 pp), 45.97% in FY2022 (+90.08 pp) and -44.11% in FY2021 (-1.44 pp).
- The Q2 2026 figure ranks as the highest quarterly Return on Equity [ROE] in data going back to Q1 2010.
- Year over year, Return on Equity [ROE] has now increased in each of the last ten quarters, with an average year-over-year change of +39.48 percentage points over the last eight quarters.
- The high point for year-over-year Return on Equity [ROE] in five years was Q1 2022 (a gain of 115.67 percentage points); the low point was Q1 2023 (a drop of 67.95 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 118.52% (Q1 2026), 98.18% (Q4 2025) and 87.25% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn | 155.93% |
| 2 | DraftKings | 16.89 Bn | 12.55 Bn | 551.45 Mn | -29.81% |
| 3 | Flutter Entertainment | 12.94 Bn | 6.68 Bn | 1.71 Bn | -9.48% |
| 4 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | - |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn | 12.72% |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn | - |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn | 20.17% |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | -11.13% |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - | 47.85% |
| 10 | Churchill Downs | 5.27 Bn | 4.55 Bn | 419.00 Mn | 34.12% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 155.93% |
| Mar 31, 2026 | 118.52% |
| Dec 31, 2025 | 98.18% |
| Sep 30, 2025 | 87.25% |
| Jun 30, 2025 | 62.92% |
| Mar 31, 2025 | 50.93% |
| Dec 31, 2024 | 51.48% |
| Sep 30, 2024 | 48.51% |
| Jun 30, 2024 | 48.62% |
| Mar 31, 2024 | 45.98% |
| Dec 31, 2023 | 33.45% |
| Sep 30, 2023 | 15.98% |
| Jun 30, 2023 | -3.56% |
| Mar 31, 2023 | -24.77% |
| Dec 31, 2022 | 36.49% |
| Sep 30, 2022 | 35.87% |
| Jun 30, 2022 | 29.69% |
| Mar 31, 2022 | 43.18% |
| Dec 31, 2021 | -54.56% |
| Sep 30, 2021 | -54.14% |
API Access
Las Vegas Sands Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=LVS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=LVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();