LAS VEGAS SANDS CORP
LVSNYSEConsumer Discretionary · Hotels & Motels · NV · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $2.86B | $2.96B | $10.37B | $4.11B | $4.23B | $2.94B |
| Operating income | $609.0M | $717.0M | $2.31B | −$792.0M | −$689.0M | −$1.39B |
| Net income | $352.0M | $494.0M | $1.22B | $1.83B | −$961.0M | −$1.69B |
| Total assets | $21.92B | $20.67B | $21.78B | $22.04B | $20.06B | $20.81B |
| Total liabilities | $19.99B | $17.51B | $17.67B | $18.38B | $17.81B | $17.27B |
| Equity | $1.59B | $2.88B | $4.12B | $3.88B | $2.00B | $2.97B |
| EPS (diluted) | $0.49 | $0.66 | $1.60 | $2.40 | $-1.26 | $-2.21 |
| Shares out. | 715.9M | 753.6M | 764.3M | 764.0M | 763.8M | 763.7M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 21.3%
- Net margin
- 12.3%
- Return on equity
- 22.1%
- Return on assets
- 1.6%
- Return on capital (ROCE)
- 3.4%
- Liabilities / assets
- 91.2%
- Debt / equity
- 12.57×
- Book value / share
- $2.22
- Revenue growth (YoY)
- −3.3%
- Net income growth (YoY)
- −28.7%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- 1.11grey zone
- Accruals / assets
- −12.2%clean
- Piotroski F-Score
- 5/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 3 warning● 4 good- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Altman Z″ in the grey zone
- Operating margin is positive
- Strong return on equity (>15%)
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Vanguard Group IncPassive (13G)Mar 27, 2026
- Adelson MiriamActivist (13D)Dec 18, 2025
- Capital Research Global InvestorsPassive (13G)Nov 13, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 13.5M | 2.6 | +12.6% |
| Apr 30, 2026 | 12.0M | 2.3 | -5.2% |
| Apr 15, 2026 | 12.6M | 4.5 | +8.2% |
| Mar 31, 2026 | 11.7M | 3.0 | +14.2% |
| Mar 13, 2026 | 10.2M | 2.7 | -8.0% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Shareholder voteMay 18, 2026
- Entered a material agreement · New financial obligationMay 13, 2026
- Other material eventMay 5, 2026
- Results of operationsApr 22, 2026
- Director / officer changeMar 5, 2026
- Director / officer change · Regulation FD disclosure · Other material eventFeb 13, 2026
- Results of operationsJan 28, 2026
- Other material eventOct 27, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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