Las Vegas Sands (LVS) Tax Provisions (2009 - 2026)
Las Vegas Sands' Tax Provisions was $102 million in Q3 2026, up 12.1% from $91 million a year earlier and up 15.9% from the prior quarter.
Las Vegas Sands (LVS) Tax Provisions (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Las Vegas Sands' Tax Provisions was $400 million through Sep 30, 2026, up 27.8% year-over-year; for FY2025, it came in at $347 million, up 66.8% from FY2024.
- Tax Provisions shows a five-year compound annual growth rate of 70.6% (FY2020 to FY2025).
- In earlier years, Tax Provisions was $208 million in FY2024 (-39.5%), $344 million in FY2023 (+123.4%), $154 million in FY2022 and -$5 million in FY2021.
- Quarterly Tax Provisions has moved between -$18 million (Q4 2022) and $123 million (Q4 2023) over five years.
- Compared with a year earlier, Tax Provisions was higher in six of the last eight quarters, with growth averaging 57.8%.
- The best year-over-year quarter for Tax Provisions over five years was Q1 2025 (growth of 270.6%); the worst was Q1 2022 (a decline of 85.7%).
- Per Business Quant data, LVS's Tax Provisions in the three quarters before Q3 2026 was $88 million (Q2 2026), $107 million (Q1 2026) and $103 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.55 Bn | 12.37 Bn | 1.47 Bn | 102.00 Mn |
| 2 | DraftKings | 20.54 Bn | 16.21 Bn | 551.45 Mn | -1.80 Mn |
| 3 | Flutter Entertainment | 14.19 Bn | 7.93 Bn | 1.71 Bn | -3.00 Mn |
| 4 | Life Time Group Holdings | 10.64 Bn | 9.81 Bn | 419.01 Mn | 37.40 Mn |
| 5 | Wynn Resorts | 8.52 Bn | 2.07 Bn | 758.95 Mn | 16.20 Mn |
| 6 | MGM Resorts International | 8.26 Bn | -177.27 Mn | 1.73 Bn | -17.31 Mn |
| 7 | Madison Square Garden Sports | 7.58 Bn | 7.18 Bn | 119.21 Mn | 5.37 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | 34.00 Mn |
| 9 | Churchill Downs | 6.72 Bn | 5.98 Bn | 207.00 Mn | 31.00 Mn |
| 10 | Caesars Entertainment | 5.98 Bn | 2.57 Bn | 1.44 Bn | -10.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 102.00 Mn |
| Jun 30, 2026 | 88.00 Mn |
| Mar 31, 2026 | 107.00 Mn |
| Dec 31, 2025 | 103.00 Mn |
| Sep 30, 2025 | 91.00 Mn |
| Jun 30, 2025 | 90.00 Mn |
| Mar 31, 2025 | 63.00 Mn |
| Dec 31, 2024 | 69.00 Mn |
| Sep 30, 2024 | 50.00 Mn |
| Jun 30, 2024 | 72.00 Mn |
| Mar 31, 2024 | 17.00 Mn |
| Dec 31, 2023 | 123.00 Mn |
| Sep 30, 2023 | 122.00 Mn |
| Jun 30, 2023 | 49.00 Mn |
| Mar 31, 2023 | 50.00 Mn |
| Dec 31, 2022 | -18.00 Mn |
| Sep 30, 2022 | 60.00 Mn |
| Jun 30, 2022 | 110.00 Mn |
| Mar 31, 2022 | 2.00 Mn |
| Dec 31, 2021 | 14.00 Mn |
Las Vegas Sands Tax Provisions 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=tax-provisions&ticker=LVS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=LVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();