LVS (Las Vegas Sands Corp.) Stock Financials & Earnings

LVSLas Vegas Sands Corp.

Mkt Cap$37B

Revenue (TTM)$13.0B

Net Income (TTM)$1.6B

EPS (TTM)$2.34

Free Cash Flow (TTM)$1.9B

Gross Margin28.2%

Op. Margin23.7%

Net Margin12.5%

FCF Margin14.3%

P/S Ratio (TTM)2.9x

P/E Ratio (TTM)22.9x

YoY Rev Growth+15.2%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$2.1B	$752M	$394M
Q2 23	$2.5B	$961M	$549M
Q3 23	$2.8B	$1.1B	$695M
Q4 23	$2.9B	$1.1B	$717M
Q1 24	$3.0B	$1.2B	$734M
Q2 24	$2.8B	$1.0B	$610M
Q3 24	$2.7B	$930M	$519M
Q4 24	$2.9B	$1.0B	$603M
Q1 25	$2.9B	$1.0B	$620M
Q2 25	$3.2B	$938M	$800M
Q3 25	$3.3B	$944M	$794M
Q4 25	$3.6B	$746M	$875M

Revenue Breakdown

Valuation

Operating Cash Flow

Capital Expenditures

CapEx

OpEx vs Revenue Growth (YoY)

Stock-Based Compensation

OpEx Breakdown

Quarter	R&D	G&A	S&M	SG&A
Q1 23	—	—	—	$358M
Q2 23	—	—	—	$412M
Q3 23	—	—	—	$386M
Q4 23	—	—	—	$418M
Q1 24	—	—	—	$428M
Q2 24	—	—	—	$402M
Q3 24	—	—	—	$411M
Q4 24	—	—	—	$446M
Q1 25	—	—	—	$420M
Q2 25	$69M	—	—	$138M
Q3 25	$72M	$78M	$72M	—
Q4 25	—	—	—	$149M

Revenue Segments

Quarter	Casino	Food and Beverage	Mall	Occupancy	Product and Service, Other
Q3 23	$2.0B	$156M	$201M	$342M	$88M
Q1 24	$2.2B	$150M	$174M	$330M	$77M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$6.5B	$0	$6.5B
Q2 23	$5.8B	$0	$5.8B
Q3 23	$5.6B	$0	$5.6B
Q4 23	$5.1B	$0	$5.1B
Q1 24	$5.0B	$0	$5.0B
Q2 24	$4.7B	$0	$4.7B
Q3 24	$4.2B	$0	$4.2B
Q4 24	$3.6B	$0	$3.6B
Q1 25	$3.0B	$0	$3.0B
Q2 25	$3.5B	$0	$3.5B
Q3 25	$3.5B	$0	$3.5B
Q4 25	$3.8B	$0	$3.8B

Shares Outstanding

Revenue Per Employee

Revenue / Employee