Las Vegas Sands (LVS) Total Debt (2009 - 2026)
Las Vegas Sands' (LVS) quarterly Total Debt came in at $15.7 billion in Q1 2026, up 13.52% year-on-year from $13.9 billion in Q1 2025, and little changed quarter-over-quarter from $15.8 billion in Q4 2025.
Las Vegas Sands (LVS) Total Debt (2009 - 2026) Analysis & Trends
Las Vegas Sands' Total Debt history runs 18 years deep, the most recent figure standing at $15.7 billion for Q1 2026.
- On a quarterly basis, Total Debt rose 13.52% year-over-year to $15.7 billion in Q1 2026; TTM through Mar 2026 was $15.7 billion, a 13.52% increase from a year earlier, with the FY2025 full-year figure at $15.8 billion, up 14.78% from the prior year.
- Total Debt was little changed at $15.7 billion in Q1 2026 per LVS's latest filing, from $15.8 billion in the prior quarter.
- Across five years, Total Debt topped out at $16.0 billion in Q1 2023 and bottomed at $13.7 billion in Q2 2024.
- The 5-year median for Total Debt is $15.0 billion (2022), against an average of $14.9 billion.
- Across the five-year window, Total Debt slipped 12.71% in 2024 and increased 15.16% in 2025, its largest moves.
- Year by year, Total Debt stood at $16.0 billion in 2022, then declined by 12.2% to $14.0 billion in 2023, then declined by 1.97% to $13.8 billion in 2024, then climbed by 14.78% to $15.8 billion in 2025, then retreated by 0.38% to $15.7 billion in 2026.
- Per Business Quant, the three latest LVS Total Debt figures stand at $15.7 billion (Q1 2026), $15.8 billion (Q4 2025), and $15.8 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn | 15.72 Bn |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | 6.40 Bn |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | 11.07 Bn |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | 2.27 Bn |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | 6.67 Bn |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | 12.03 Bn |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | 3.02 Bn |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn | 4.76 Bn |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn | 3.55 Bn |
| 10 | Studio City International Holdings | 3.53 Bn | 3.45 Bn | 155.38 Mn | 2.01 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.72 Bn |
| Dec 31, 2025 | 15.78 Bn |
| Sep 30, 2025 | 15.77 Bn |
| Jun 30, 2025 | 15.82 Bn |
| Mar 31, 2025 | 13.85 Bn |
| Dec 31, 2024 | 13.75 Bn |
| Sep 30, 2024 | 14.01 Bn |
| Jun 30, 2024 | 13.74 Bn |
| Mar 31, 2024 | 13.96 Bn |
| Dec 31, 2023 | 14.03 Bn |
| Sep 30, 2023 | 14.39 Bn |
| Jun 30, 2023 | 14.92 Bn |
| Mar 31, 2023 | 15.99 Bn |
| Dec 31, 2022 | 15.98 Bn |
| Sep 30, 2022 | 15.29 Bn |
| Jun 30, 2022 | 15.38 Bn |
| Mar 31, 2022 | 14.98 Bn |
| Dec 31, 2021 | 14.80 Bn |
| Sep 30, 2021 | 14.54 Bn |
| Jun 30, 2021 | 14.45 Bn |