Stocks Comparison
Las Vegas Sands vs MGM Resorts International: revenue, profit, margins and growth compared
Las Vegas Sands brought in $13B of revenue in fiscal 2025, MGM Resorts International $17.5B in fiscal 2025. Revenue changed by +15.2% at Las Vegas Sands and +1.7% at MGM Resorts International on the year before, so Las Vegas Sands grew faster. Las Vegas Sands kept 12.5% of its revenue as net profit, MGM Resorts International 1.2%. Free cash flow was $1.9B at Las Vegas Sands and $1.5B at MGM Resorts International.
Side by side, latest fiscal year
| LVS | MGM | |
|---|---|---|
| Fiscal year ended | FY2025 (December 31, 2025) | FY2025 (December 31, 2025) |
| Revenue | $13B | $17.5B |
| Revenue growth | +15.2% | +1.7% |
| Net income | $1.6B | $205.9M |
| Net margin | 12.5% | 1.2% |
| Free cash flow | $1.9B | $1.5B |
| Free cash flow margin | 14.3% | 8.3% |
| Earnings per share (diluted) | $2.35 | $0.76 |
| Cash | $3.8B | $2.1B |
| Debt | $15.8B | $6.2B |
| Price to earnings | 16.6 | 42.9 |
| Market value | $25.3B | $8.4B |
| Dividend yield | 2.56% | n/a |
| Rank by revenue in sector | #100 of 778 · Consumer discretionary | #70 of 778 · Consumer discretionary |
Over the years
Questions about Las Vegas Sands and MGM Resorts International
Which is bigger by revenue, Las Vegas Sands or MGM Resorts International?
MGM Resorts International is bigger by revenue: $17.5B in fiscal 2025, against $13B for Las Vegas Sands in fiscal 2025.
Which keeps more of its revenue as profit, Las Vegas Sands or MGM Resorts International?
Las Vegas Sands had a net margin of 12.5% in fiscal 2025; MGM Resorts International had 1.2% in fiscal 2025.
Which grew revenue faster, Las Vegas Sands or MGM Resorts International?
In their latest fiscal years revenue changed by +15.2% at Las Vegas Sands and +1.7% at MGM Resorts International.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.