Las Vegas Sands (LVS) Tax Rate (2009 - 2026)
Las Vegas Sands (LVS) posted quarterly Tax Rate of 19.09% for Q2 2026, up 431.0% year-over-year from 3.59% in Q2 2025, and up 33.44% quarter-over-quarter from 14.3% in Q1 2026.
Las Vegas Sands (LVS) Tax Rate (2009 - 2026) Analysis & Trends
Las Vegas Sands' Tax Rate history runs 18 years deep, the most recent figure standing at 19.09% for Q2 2026.
- In Q2 2026, Tax Rate rose 431.0% year-over-year to 19.09%; the TTM figure through Jun 2026 stood at 16.61% (up 262.0% YoY), while the FY2025 annual figure was 15.68%, up 507.0% from the prior year.
- Tax Rate for Q2 2026 stood at 19.09%, up from 14.3% in the prior quarter.
- The five-year high for Tax Rate was 25.64% in Q1 2023, with the low at 36.18% in Q2 2022.
- The 5-year median for Tax Rate is 14.41% (2024), against an average of 9.5%.
- The sharpest annual moves came in 2022 and 2023: Tax Rate tumbled 3828 bps in 2022, then surged 4793 bps in 2023.
- Las Vegas Sands' Tax Rate stood at 6.27% in 2022, then jumped by 231 bps to 20.78% in 2023, then declined by 28 bps to 14.97% in 2024, then climbed by 25 bps to 18.69% in 2025, then gained by 2 bps to 19.09% in 2026.
- Business Quant data shows LVS's Tax Rate at 19.09% in Q2 2026, 14.3% in Q1 2026, and 18.69% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.10 Bn | 26.73 Bn | 1.81 Bn | 19.09% |
| 2 | MGM Resorts International | 10.94 Bn | 8.39 Bn | 3.10 Bn | 21.94% |
| 3 | Wynn Resorts | 10.22 Bn | 8.64 Bn | 1.14 Bn | 8.15% |
| 4 | Boyd Gaming | 6.06 Bn | 5.74 Bn | 766.76 Mn | 23.83% |
| 5 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | 22.64% |
| 6 | Vail Resorts | 5.35 Bn | 4.98 Bn | - | 23.69% |
| 7 | Marriott Vacations Worldwide | 3.84 Bn | 3.53 Bn | 1.29 Bn | 32.46% |
| 8 | Hilton Grand Vacations | 3.56 Bn | 3.29 Bn | 499.00 Mn | 34.78% |
| 9 | Red Rock Resorts | 3.54 Bn | 2.94 Bn | 420.02 Mn | 14.97% |
| 10 | PENN Entertainment | 2.46 Bn | 1.57 Bn | 1.02 Bn | 17.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 19.09% |
| Jun 30, 2026 | 19.09% |
| Jun 30, 2026 | 19.09% |
| Mar 31, 2026 | 14.30% |
| Mar 31, 2026 | 14.30% |
| Mar 31, 2026 | 14.30% |
| Dec 31, 2025 | 18.69% |
| Dec 31, 2025 | 18.69% |
| Dec 31, 2025 | 18.69% |
| Sep 30, 2025 | 15.64% |
| Sep 30, 2025 | 15.64% |
| Sep 30, 2025 | 15.64% |
| Jun 30, 2025 | 14.78% |
| Jun 30, 2025 | 14.78% |
| Jun 30, 2025 | 14.78% |
| Mar 31, 2025 | 13.38% |
| Mar 31, 2025 | 13.38% |
| Mar 31, 2025 | 13.38% |
| Dec 31, 2024 | 14.97% |
| Dec 31, 2024 | 14.97% |