Las Vegas Sands (LVS) Shares Outstanding (Diluted) (2009 - 2026)
Las Vegas Sands (LVS) posted Shares Outstanding (Diluted) of 656 million for Q2 2026, down 5.7% from 696 million a year earlier and down 2.2% from the prior quarter.
Las Vegas Sands (LVS) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025, Las Vegas Sands' Shares Outstanding (Diluted) came in at 693 million, down 6.0% from FY2024.
- Annual Shares Outstanding (Diluted) shows a five-year compound annual growth rate of -1.9% (FY2020 to FY2025).
- In prior years, Las Vegas Sands' Shares Outstanding (Diluted) was 737 million in FY2024 (-3.7%), 765 million in FY2023 (+0.1%), 764 million in FY2022 (unchanged) and 764 million in FY2021 (unchanged).
- The Q2 2026 figure stands as the lowest quarterly Shares Outstanding (Diluted) since Q2 2009.
- On a year-over-year basis, Shares Outstanding (Diluted) has declined in each of the last ten quarters, with an average decline of 5.4% over the last eight quarters.
- The strongest year-over-year quarter for Shares Outstanding (Diluted) in the past five years was Q2 2023, with growth of 0.4%; the weakest was Q3 2025, with a decline of 6.3%.
- According to Business Quant data, Shares Outstanding (Diluted) for the three prior quarters was 671 million (Q1 2026), 693 million (Q4 2025) and 685 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn | 656.00 Mn |
| 2 | DraftKings | 16.89 Bn | 12.55 Bn | 551.45 Mn | 496.09 Mn |
| 3 | Flutter Entertainment | 12.94 Bn | 6.68 Bn | 1.71 Bn | 175.00 Mn |
| 4 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | 24.25 Mn |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn | 227.34 Mn |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn | 102.98 Mn |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn | 257.76 Mn |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | 204.00 Mn |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - | 507.84 Mn |
| 10 | Churchill Downs | 5.27 Bn | 4.55 Bn | 419.00 Mn | 70.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 656.00 Mn |
| Mar 31, 2026 | 671.00 Mn |
| Dec 31, 2025 | 693.00 Mn |
| Sep 30, 2025 | 685.00 Mn |
| Jun 30, 2025 | 696.00 Mn |
| Mar 31, 2025 | 713.00 Mn |
| Dec 31, 2024 | 737.00 Mn |
| Sep 30, 2024 | 731.00 Mn |
| Jun 30, 2024 | 741.00 Mn |
| Mar 31, 2024 | 752.00 Mn |
| Dec 31, 2023 | 765.00 Mn |
| Sep 30, 2023 | 766.00 Mn |
| Jun 30, 2023 | 767.00 Mn |
| Mar 31, 2023 | 766.00 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 |
Las Vegas Sands Shares Outstanding (Diluted) 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-diluted&ticker=LVS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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-diluted&ticker=LVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();