LAS VEGAS SANDS CORP
About LAS VEGAS SANDS CORP
Las Vegas Sands is the world's largest operator of fully integrated resorts, featuring casino, hotel, entertainment, food and beverage, retail, and convention center operations. The company owns the Venetian Macao, Sands Macao, Londoner Macao, Four Seasons Hotel Macao, and Parisian Macao, as well as the Marina Bay Sands resort in Singapore. We expect Sands to open a fourth tower in Singapore in 2031. Its Venetian and Palazzo Las Vegas assets in the US were sold to Apollo and Vici in 2022. After the sale of its Vegas assets, Sands generates all its EBITDA from Asia, with its casino operations generating the majority of sales.
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Financial summary
- Revenue FY2025
- $13.0B
- Net income
- $1.6B
- Total assets
- $21.9B
- Market cap
- $33.3B
- Operating margin
- 21.6%
- Net margin
- 14.3%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $13.0B
- Operating expenses
- $10.2B
- Operating income
- $2.8B
- Income tax
- $347.0M
- Net income
- $1.9B
- EPS (basic)
- $2.35
- EPS (diluted)
- $2.35
Balance sheet
- Total assets
- $21.9B
- Current assets
- $4.8B
- Total liabilities
- $20.0B
- Current liabilities
- $4.2B
- Shareholders’ equity
- $1.9B
Cash flow
- Operating cash flow
- $3.0B
- Investing cash flow
- -$1.2B
- Financing cash flow
- -$1.6B
- Net cash flow
- $163.0M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year
52-week range
- Market cap
- $33.3B
- P/E ratio
- 21.6
- EPS (diluted)
- $2.35
- Dividend yield
- 2.36%
- Shares outstanding
- 655.6M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Dec 15, 2004
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Profitable — net income of $1.6B in FY2025.
- Revenue grew 207% from FY2021 to FY2025.
- Trading 27% below its 52-week high.
- Pays a dividend yielding about 2.36% annually.
- Valued at a price-to-earnings (P/E) ratio of 21.6.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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