Las Vegas Sands (LVS) Times Interest Earned (2009 - 2026)
Las Vegas Sands' Times Interest Earned came in at 3.27 for Q2 2026, down 19.0% from 4.04 a year earlier and down 32.0% from the prior quarter.
Las Vegas Sands (LVS) Times Interest Earned (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Las Vegas Sands reported Times Interest Earned of 3.90, up 14.2% year-over-year; for FY2025, it came in at 3.78, up 14.3% from FY2024.
- Going back by year, Times Interest Earned was 3.30 in FY2024 (+16.8%), 2.83 in FY2023, -1.13 in FY2022 and -1.11 in FY2021.
- The Q2 2026 figure represents the lowest quarterly Times Interest Earned since Q3 2024.
- Year-over-year, Times Interest Earned increased in four of the last eight quarters, with growth averaging 6.7%.
- The fastest year-over-year change in Times Interest Earned over five years came in Q1 2024 (growth of 127.2%), and the weakest in Q2 2026 (a decline of 19.0%).
- Business Quant data shows LVS's Times Interest Earned at 4.81 (Q1 2026), 3.70 (Q4 2025) and 3.84 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.05 Bn | 11.15 Bn | 1.48 Bn | 3.27 |
| 2 | Flutter Entertainment | 13.32 Bn | 6.69 Bn | 1.71 Bn | - |
| 3 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | 7.23 |
| 4 | DraftKings | 9.57 Bn | 5.23 Bn | 551.45 Mn | - |
| 5 | Life Time Group Holdings | 9.03 Bn | 8.26 Bn | 412.26 Mn | - |
| 6 | Wynn Resorts | 7.89 Bn | 2.18 Bn | 758.95 Mn | 1.96 |
| 7 | MGM Resorts International | 7.50 Bn | -1.53 Bn | 1.98 Bn | 4.93 |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | - |
| 9 | Caesars Entertainment | 5.97 Bn | 2.41 Bn | 1.50 Bn | - |
| 10 | Churchill Downs | 5.75 Bn | 4.98 Bn | 419.00 Mn | 5.10 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.27 |
| Mar 31, 2026 | 4.81 |
| Dec 31, 2025 | 3.70 |
| Sep 30, 2025 | 3.84 |
| Jun 30, 2025 | 4.04 |
| Mar 31, 2025 | 3.50 |
| Dec 31, 2024 | 3.28 |
| Sep 30, 2024 | 2.82 |
| Jun 30, 2024 | 3.18 |
| Mar 31, 2024 | 3.94 |
| Dec 31, 2023 | 3.74 |
| Sep 30, 2023 | 3.44 |
| Jun 30, 2023 | 2.56 |
| Mar 31, 2023 | 1.73 |
| Dec 31, 2022 | -0.83 |
| Sep 30, 2022 | -0.97 |
| Jun 30, 2022 | -0.91 |
| Mar 31, 2022 | -1.94 |
| Dec 31, 2021 | -0.91 |
| Sep 30, 2021 | -2.01 |
Las Vegas Sands Times Interest Earned 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=times-interest-earned&ticker=LVS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "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=times-interest-earned&ticker=LVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();