Las Vegas Sands (LVS) Shares Outstanding (2009 - 2026)
Las Vegas Sands (LVS) reported Shares Outstanding of 654 million for Q2 2026, down 5.9% from 695 million a year earlier and down 2.2% from the prior quarter.
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Analysis
Las Vegas Sands (LVS) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025, Las Vegas Sands posted Shares Outstanding of 691 million, down 6.0% from FY2024.
- Shares Outstanding has declined for three consecutive years, with a five-year compound annual growth rate of -2.0% (FY2020 to FY2025).
- By year, Shares Outstanding came in at 735 million in FY2024 (-3.7%), 763 million in FY2023 (-0.1%), 764 million in FY2022 (unchanged) and 764 million in FY2021 (unchanged).
- The Q2 2026 figure ranks as the lowest quarterly Shares Outstanding in data going back to Q2 2009.
- Year over year, Shares Outstanding has now declined in each of the last 11 quarters, with an average decline of 5.5% over the last eight quarters.
- Across the past five years, year-over-year decline in Shares Outstanding ran from 0.0% in Q3 2023 to 6.6% in Q3 2025.
- Per Business Quant data, the three quarters before Q2 2026 came in at 669 million (Q1 2026), 691 million (Q4 2025) and 682 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.05 Bn | 11.15 Bn | 1.48 Bn | 654.00 Mn |
| 2 | Flutter Entertainment | 13.32 Bn | 6.69 Bn | 1.71 Bn | 175.00 Mn |
| 3 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | 24.15 Mn |
| 4 | DraftKings | 9.57 Bn | 5.23 Bn | 551.45 Mn | 496.09 Mn |
| 5 | Life Time Group Holdings | 9.03 Bn | 8.26 Bn | 412.26 Mn | 222.63 Mn |
| 6 | Wynn Resorts | 7.89 Bn | 2.18 Bn | 758.95 Mn | 102.57 Mn |
| 7 | MGM Resorts International | 7.50 Bn | -1.53 Bn | 1.98 Bn | 254.02 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 77.40 Mn |
| 9 | Caesars Entertainment | 5.97 Bn | 2.41 Bn | 1.50 Bn | 204.00 Mn |
| 10 | Churchill Downs | 5.75 Bn | 4.98 Bn | 419.00 Mn | 70.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 654.00 Mn |
| Mar 31, 2026 | 669.00 Mn |
| Dec 31, 2025 | 691.00 Mn |
| Sep 30, 2025 | 682.00 Mn |
| Jun 30, 2025 | 695.00 Mn |
| Mar 31, 2025 | 712.00 Mn |
| Dec 31, 2024 | 735.00 Mn |
| Sep 30, 2024 | 730.00 Mn |
| Jun 30, 2024 | 740.00 Mn |
| Mar 31, 2024 | 750.00 Mn |
| Dec 31, 2023 | 763.00 Mn |
| Sep 30, 2023 | 764.00 Mn |
| Jun 30, 2023 | 764.00 Mn |
| Mar 31, 2023 | 764.00 Mn |
| Dec 31, 2022 | 764.00 Mn |
| Sep 30, 2022 | 764.00 Mn |
| Jun 30, 2022 | 764.00 Mn |
| Mar 31, 2022 | 764.00 Mn |
| Dec 31, 2021 | 764.00 Mn |
| Sep 30, 2021 | 764.00 Mn |
API Access
Las Vegas Sands Shares Outstanding 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=shares-outstanding&ticker=LVS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=LVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();