Las Vegas Sands (LVS) Total Debt (2009 - 2026)
Las Vegas Sands (LVS) posted quarterly Total Debt of $15.3 billion for Q2 2026, down 3.53% year-on-year from $15.8 billion in Q2 2025, and down 2.94% on a QoQ basis from $15.7 billion in Q1 2026.
Las Vegas Sands (LVS) Total Debt (2009 - 2026) Analysis & Trends
Las Vegas Sands (LVS) has reported Total Debt for 18 consecutive years, with $15.3 billion the latest figure, recorded in Q2 2026.
- Quarterly Total Debt fell 3.53% year-over-year to $15.3 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $15.3 billion (down 3.53% YoY) and the FY2025 annual result came in at $15.8 billion, up 14.78% from the prior year.
- Total Debt fell to $15.3 billion in Q2 2026 per LVS's latest filing, from $15.7 billion in the prior quarter.
- Over the last five years, Total Debt for LVS reached as high as $16.0 billion in Q1 2023 and fell as low as $13.7 billion in Q2 2024.
- A 5-year average of $14.9 billion and a median of $15.1 billion in 2022 frame the typical range for Total Debt.
- Annual changes were most pronounced in 2024 — Total Debt decreased 12.71% — and 2025, when it grew 15.16%.
- Year by year, Total Debt stood at $16.0 billion in 2022, then retreated by 12.2% to $14.0 billion in 2023, then retreated by 1.97% to $13.8 billion in 2024, then increased by 14.78% to $15.8 billion in 2025, then declined by 3.31% to $15.3 billion in 2026.
- According to Business Quant data, Total Debt over the past three periods registered $15.3 billion, $15.7 billion, and $15.8 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 38.43 Bn | 35.51 Bn | 1.81 Bn | 15.26 Bn |
| 2 | MGM Resorts International | 11.52 Bn | 9.24 Bn | 4.32 Bn | 6.40 Bn |
| 3 | Wynn Resorts | 9.98 Bn | 9.14 Bn | 1.75 Bn | 11.07 Bn |
| 4 | Boyd Gaming | 6.65 Bn | 6.28 Bn | 984.15 Mn | 2.27 Bn |
| 5 | Melco Resorts & Entertainment | 6.65 Bn | 6.35 Bn | - | 6.67 Bn |
| 6 | Caesars Entertainment | 6.10 Bn | 5.32 Bn | 2.78 Bn | 12.03 Bn |
| 7 | Vail Resorts | 5.14 Bn | 5.48 Bn | - | 3.02 Bn |
| 8 | Hilton Grand Vacations | 3.97 Bn | 3.86 Bn | 1.23 Bn | 4.76 Bn |
| 9 | Red Rock Resorts | 3.65 Bn | 3.16 Bn | 433.13 Mn | 3.55 Bn |
| 10 | Studio City International Holdings | 3.64 Bn | 3.57 Bn | 155.38 Mn | 2.01 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 15.26 Bn |
| 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 |