Las Vegas Sands
NYSE: LVS
Stock price
45.36 USD
(+Infinity%) NaN day
Financial Performance
5Y price score: (7)
The price score is a basic measure of the stock's performance against the S&P 500 Index over a five-year period.
A score of 100 indicates that the stock did as well as the S&P 500 Index.
A score below 100 means the stock underperformed the index, while a score above 100 means it outperformed the S&P 500.
10Y return: 30.4%
US$ Per
Share
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44.2
52-week range
70.4
Your model inputs
Your fair value & Margin of safety
To calculate fair value based on cost of capital and terminal growth assumptions above, please select free cash flow forecast.
Forecast:
Valuation
Free Cash Flow Yield
7.5 %
Dividend Yield TTM
2.4 %
Market cap $
$ 30,057
Price / Earnings TTM
16.8
Price / Book TTM
25.3
PEG TTM
0.8
Earnings growth and return
LTM
5YR
10YR
Total return (price & dividends)
(5.3) %
(0.5) %
30.4 %
Free cash flow per share growth
16.6 %
177.3 %
6.1 %
Earnings per share growth
19.9 %
224.3 %
(4.9) %
Founded: 1,988
Employees: 39,900
Business Summary:
Latest Earnings Call Takeaways
2026 Q1 (Apr 22, 2026)
1) Strategic Priorities and Leadership Focus
- The leadership remains committed to investing with discipline and creating shareholder returns.
- The company emphasizes three critical pillars: people, product, and service, which are essential for optimizing financial and operational performance.
- There is enthusiasm for growth opportunities in Singapore, particularly at Marina Bay Sands, where unique entertainment and hospitality experiences are being prioritized.
2) Financial Performance and Segment Results
- Marina Bay Sands (Singapore):
- EBITDA increased over 30% to $788 million, with a margin of 53%.
- The quarter saw $18 billion in rolling volume, reflecting strong mass market performance.
- Macao:
- EBITDA reached $633 million, an 18% increase YoY, with a mass market revenue share of 25.7%.
- The goal is to achieve $700 million in quarterly EBITDA over time, driven by premium segment growth and improved service levels.
| Metric | Q1 2026 Marina Bay Sands | Q1 2026 Macao |
|---|---|---|
| EBITDA | $788 million | $633 million |
| EBITDA Margin | 53% | 29.6% |
| YoY EBITDA Growth | >30% | >18% |
3) Operational Challenges and Headwinds
- The competitive landscape in Macao remains intense, particularly in the premium segment, necessitating ongoing investments in service and product quality.
- Margins are expected to be impacted in the short term due to increased expenses from service enhancements, although improvements are anticipated as revenue grows.
- The company is also navigating potential geopolitical impacts on tourism, which may affect customer behavior and visitation patterns.
4) Operational and Product Plans
- Significant investments are planned for enhancing service levels and refreshing room products across the portfolio, starting with the Venetian, where renovations are expected to begin yielding results by Q3 2026.
- The introduction of IR2 at Marina Bay Sands is anticipated to set a new standard for luxury hospitality, attracting high-value patrons and enhancing overall customer experience.
- The company is focused on optimizing its entertainment offerings to drive tourism and enhance the customer experience across its properties.
5) Guidance, Outlook, and Investor Angle
- The company is optimistic about achieving revenue and cash flow growth, with a focus on disciplined capital returns, including a $740 million stock repurchase during the quarter.
- Future EBITDA growth is expected as the company leverages its scale and product advantages while enhancing service levels.
- The transcript lacks specific forward-looking guidance on revenue expectations for the upcoming quarters, particularly in light of seasonal trends and competitive dynamics.
Bottom line: LVS is positioned for continued growth, particularly in Singapore, with strong financial performance and strategic investments aimed at enhancing service and product offerings. However, challenges in Macao's competitive landscape and potential geopolitical impacts warrant close monitoring. Shareholders can expect disciplined capital returns and a focus on long-term value creation.
Annual Reports, Presentations And IR Contacts
Go to the websiteLas Vegas Sands — Financial Overview, Stock Price, Market Cap
Las Vegas Sands is a company. Founded in 1988. As of July 20, 2026, the company's market capitalization is $30057229062 with a current stock price of $45.36.