Stocks Consumer discretionary LVS
NYSE · Consumer discretionaryLas Vegas Sands Corp (LVS)
Las Vegas Sands Corp brought in $13.7B of revenue over the twelve months to June 30, 2026, up 18.1% from a year earlier. Net income was $1.7B, a net margin of 12.6%. Operating cash flow minus capital spending left $1.9B of free cash flow in fiscal 2025. At June 30, 2026 it held $3.4B in cash against $15.3B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on July 24, 2026.
Key facts about Las Vegas Sands Corp
- Net worth
- Las Vegas Sands Corp has a market value (market cap) of $24B at the latest share price, and shareholders' equity of $581M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $13B (+15.2% year on year), with net income of $1.6B. Over the 12 months to June 30, 2026: revenue $13.7B, net income $1.7B.
- Cash flow
- In fiscal 2025 operations brought in $3B of cash; after $1.2B of capital spending, free cash flow was $1.9B.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on July 24, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
- Next earnings report
- Las Vegas Sands Corp's next report is expected around October 21, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Las Vegas Sands Corp declared dividends of $1.00 per share in fiscal 2025, a yield of 2.70% at the current price.
What Las Vegas Sands Corp does
Las Vegas Sands Corp is registered with the SEC under industry code SIC 7011 (Hotels & Motels). Its shares trade on NYSE under the ticker LVS.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $13B | $1.6B | $2.35 | $1.9B |
| 2024 | $11.3B | $1.4B | $1.96 | $1.6B |
| 2023 | $10.4B | $1.2B | $1.60 | $2.2B |
| 2022 | $4.1B | $1.8B | $2.40 | -$1.6B |
| 2021 | $4.2B | -$961M | -$1.26 | -$1.1B |
| 2020 | $2.9B | -$1.7B | -$2.21 | -$2.5B |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where LVS ranks in Consumer discretionary
Dividends
Las Vegas Sands Corp declared $1.00 per share in fiscal 2025. At the current price that is a yield of 2.70%. It paid out $833M in cash dividends, 51% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $1.00 | $833M | 51% |
| 2024 | $0.80 | $590M | 41% |
| 2023 | $0.40 | $305M | 25% |
| 2022 | n/a | $0 | 0% |
| 2021 | n/a | $0 | n/a |
| 2020 | $0.79 | $911M | n/a |
Latest SEC filings
What Las Vegas Sands Corp has filed recently, newest first. Each links to the original document on SEC EDGAR.
- August 11, 2026Activist stake changed SCHEDULE 13D/A
- July 24, 2026Quarterly report 10-Q · period to June 30, 2026Revenue fell 0.7% to $3.2B versus the same quarter last year; diluted EPS $0.53 versus $0.66.
- July 22, 2026
- June 18, 2026Activist stake changed SCHEDULE 13D/A
- May 18, 2026
- May 13, 2026
- May 5, 2026Other event 8-K
- April 24, 2026Quarterly report 10-Q · period to March 31, 2026Revenue rose 25% to $3.6B versus the same quarter last year; diluted EPS $0.85 versus $0.49.
- April 22, 2026
- April 1, 2026
What is LVS worth? A DCF from its reported cash flow
Insider trades
What the people running Las Vegas Sands Corp did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider bought or sold shares on the open market in the last 90 days. The 2 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| August 31, 2026 | Adelson Miriam10% owner | Gave as a giftindirect | 7,947,648 | - |
| August 31, 2026 | Adelson Miriam10% owner | Gave as a giftindirect | 1,077,046 | - |
| June 16, 2026 | Adelson Miriam10% owner | Gave as a giftindirect | 87,718,919 | - |
| June 16, 2026 | Adelson Miriam10% owner | Gave as a giftindirect | 87,718,918 | - |
| June 16, 2026 | Adelson Miriam10% owner | Gave as a giftindirect | 43,859,460 | - |
| June 16, 2026 | Adelson Miriam10% owner | Gave as a giftindirect | 43,859,459 | - |
| June 16, 2026 | Adelson Miriam10% owner | Gave as a giftindirect | 43,859,459 | - |
| June 16, 2026 | Adelson Miriam10% owner | Gave as a giftindirect | 43,859,459 | - |
Who owns LVS
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Miriam Adelson13D, may seek influence with 7 related filers | 52.7% | August 11, 2026 |
| Capital Research Global Investors13G, passive | 5% | November 13, 2025 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 707 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 24,844,440 | -1,317,841 |
| Vanguard Capital Management LLC | 19,446,065 | -192,334 |
| Vanguard Portfolio Management LLC | 18,645,697 | +261,454 |
| State Street Corp | 15,159,570 | +919,452 |
| D. E. Shaw & Co., Inc. | 9,052,131 | +514,715 |
| Invesco Ltd. | 8,851,302 | +1,436,501 |
| Geode Capital Management, LLC | 8,204,874 | -249,956 |
| Arrowstreet Capital, Limited Partnership | 7,384,543 | -1,198,419 |
| Bank of New York Mellon Corp | 6,613,940 | -252,175 |
| Aqr Capital Management LLC | 5,804,100 | -1,747,781 |
| Allianz Asset Management GmbH | 3,372,253 | +48 |
| Morgan Stanley | 3,903,863 | -88,551 |
| Dimensional Fund Advisors LP | 3,840,468 | +60,202 |
| Jacobs Levy Equity Management, Inc | 3,786,633 | +1,065,700 |
| Bamco Inc | 3,784,278 | +2,557,848 |
| Norges Bank | 3,738,233 | new |
| Amundi | 3,281,533 | +416,744 |
| Ameriprise Financial Inc | 3,247,121 | +1,760,352 |
| Northern Trust Corp | 3,172,181 | +328,670 |
| Two Sigma Investments, LP | 3,054,162 | -1,117,699 |
Insiders
11 insiders reported holding 1,718,884 shares in total, about $63.6M at the last price.
| Holder | Shares |
|---|---|
| Goldstein Robert GChairman & CEO, Director | 722,057324,860 held indirectly |
| Dumont PatrickChairman & CEO, Director | 511,942 |
| Forman Charles DDirector | 180,376 |
| Hyzak RandyEVP & CFO | 87,641 |
| Chafetz IrwinDirector | 74,897 |
| Hudson D. ZacharyEVP and Global General Counsel | 45,023 |
| Chau MichelineDirector | 35,293 |
| Kramer LewisDirector | 31,336 |
| Li AlainDirector | 12,931 |
| Besca MarkDirector | 8,694 |
Questions about LVS
What does Las Vegas Sands Corp do?
Las Vegas Sands Corp is a company in the Consumer discretionary sector, listed on NYSE as LVS. Its shares trade on NYSE under the ticker LVS.
What is Las Vegas Sands Corp's net worth?
Las Vegas Sands Corp has a market value (market cap) of $24B at the latest share price, and shareholders' equity of $581M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Las Vegas Sands Corp profitable?
Yes. Over the twelve months to June 30, 2026 it reported net income of $1.7B on revenue of $13.7B, a net margin of 12.6%.
How much revenue does Las Vegas Sands Corp make?
Over the twelve months to June 30, 2026 Las Vegas Sands Corp reported revenue of $13.7B. That is 18.1% more than a year earlier.
When did Las Vegas Sands Corp last report?
Its most recent periodic report is the quarterly report (10-Q) filed on July 24, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the insider trade from September 2, 2026.
When is Las Vegas Sands Corp's next earnings report?
Las Vegas Sands Corp's next report is expected around October 21, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
Does Las Vegas Sands Corp pay a dividend?
Yes. Las Vegas Sands Corp declared dividends of $1.00 per share in fiscal 2025, a yield of 2.70% at the current price.
Similar companies
Compare LVS with
Follow LVS
Get an email when Las Vegas Sands Corp files with the SEC: results, executive changes, material agreements and annual reports.
Where the numbers come from
Financial figures are the values Las Vegas Sands Corp tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.