Las Vegas Sands (LVS) Tax Rate (2009 - 2026)
Las Vegas Sands (LVS) posted Tax Rate of 19.09% for Q2 2026, up 33.44% on a QoQ basis from 14.3% in Q1 2026, and up 431.0% year-over-year from 3.59% in Q2 2025.
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Analysis
Las Vegas Sands (LVS) Tax Rate (2009 - 2026) Analysis & Trends
Las Vegas Sands has reported Tax Rate for 18 years, with the latest figure at 19.09% in Q2 2026.
- On a quarterly basis, Tax Rate rose 431.0% year-over-year to 19.09% in Q2 2026; TTM through Jun 2026 was 16.61%, a 262.0% increase from a year earlier, with the FY2025 full-year figure at 15.68%, up 507.0% from the prior year.
- Tax Rate was 19.09% for Q2 2026 at Las Vegas Sands, 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.
- Average Tax Rate over 5 years is 9.5%, with a median of 14.41% recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Tax Rate tumbled 3828 bps in 2022, then jumped 4793 bps in 2023.
- Over 5 years, Tax Rate stood at 6.27% in 2022, then soared by 231 bps to 20.78% in 2023, then retreated by 28 bps to 14.97% in 2024, then increased by 25 bps to 18.69% in 2025, then climbed by 2 bps to 19.09% in 2026.
- The last three Tax Rate figures came in at 19.09% (Q2 2026), 14.3% (Q1 2026), and 18.69% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.40 Bn | 22.34 Bn | 1.81 Bn | 19.09% |
| 2 | DraftKings | 18.89 Bn | 17.90 Bn | 551.45 Mn | 2.50% |
| 3 | Flutter Entertainment | 14.91 Bn | 13.72 Bn | 1.71 Bn | 1.00% |
| 4 | MGM Resorts International | 9.52 Bn | 7.83 Bn | 3.10 Bn | 21.94% |
| 5 | Madison Square Garden Sports | 9.51 Bn | 9.35 Bn | 119.21 Mn | 15.96% |
| 6 | Life Time Group Holdings | 8.86 Bn | 8.63 Bn | 412.26 Mn | 24.66% |
| 7 | Wynn Resorts | 8.42 Bn | 6.11 Bn | 1.14 Bn | 8.15% |
| 8 | Super Group (SGHC) | 6.08 Bn | 5.53 Bn | - | -26.79% |
| 9 | Caesars Entertainment | 6.03 Bn | 5.15 Bn | 2.04 Bn | 22.64% |
| 10 | Churchill Downs | 5.61 Bn | 5.46 Bn | 712.00 Mn | 26.22% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.09% |
| Mar 31, 2026 | 14.30% |
| Dec 31, 2025 | 18.69% |
| Sep 30, 2025 | 15.64% |
| Jun 30, 2025 | 14.78% |
| Mar 31, 2025 | 13.38% |
| Dec 31, 2024 | 14.97% |
| Sep 30, 2024 | 12.41% |
| Jun 30, 2024 | 14.52% |
| Mar 31, 2024 | 2.83% |
| Dec 31, 2023 | 20.78% |
| Sep 30, 2023 | 21.37% |
| Jun 30, 2023 | 11.75% |
| Mar 31, 2023 | 25.64% |
| Dec 31, 2022 | 6.27% |
| Sep 30, 2022 | -18.75% |
| Jun 30, 2022 | -36.18% |
| Mar 31, 2022 | -0.42% |
| Dec 31, 2021 | -4.65% |
| Sep 30, 2021 | 4.35% |
API Access
Las Vegas Sands Tax Rate 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-rate&ticker=LVS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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-rate&ticker=LVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();