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Stocks/Consumer Discretionary/Casinos & Gaming

Las Vegas SandsLVS

Casinos & Gaming · Las Vegas, Nevada · In the S&P 500
High qualityCheaper than peers
$36.97−0.19%After hours: $36.88 (−0.24%)At the close, 30 Oct · Prices from CNBC, may be delayed
▼ 37.1% over 1 year
Las Vegas Sands over 1 yearDaily close, $, to 30 Oct 2026
$40$50$60$70Nov2026MarMayJulSep$36.97$40$60NovMarJul$36.97
Source: Nasdaq daily closes
Market value$23.18B
Price to earnings15.2x
Forward P/E13.0x
Dividend yield3.25%
Year to date−43.2%
One year−37.1%
Next earningsNot scheduled
SectorConsumer Discretionary
52-week range (closes)
$35.68$69.49

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Quality and valuation

How Las Vegas Sands compares with other consumer discretionary stocks. A description, not a recommendation.

Las Vegas Sands and 5 casinos & gaming peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: stronger than mostValuation: cheaper than most

A stronger business than most consumer discretionary companies, priced below most of them.

Las Vegas Sands trades at 13.0 times the next 12 months of expected earnings, against a median of 19.5x for the 66 consumer discretionary stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew faster than the sector median: +10.9% vs +8.1%
  • More profitable (operating margin): 20.9% vs 13.8%
  • Turns more of its sales into cash: 17.7% vs 10.1%
LVS trades at 13.0x forward earnings, below the sector medianForward p/e, Casinos & Gaming peers
BABA12.3xLVS13.0xTM14.3xMCD19.6xHD21.4xAMZN25.7xTJX26.0xTSLA218.4xSector median 19.5xBABA12.3xLVS13.0xTM14.3xMCD19.6xHD21.4xAMZN25.7xTJX26.0xTSLA218.4xSector median 19.5x
Source: CNBC quotes; Mostly Markets
At 15.2x earnings, LVS is cheaper than its average since Oct 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
20x25x30xAverage 22.9x2025202615.2x20x30xAverage 22.9x2025202615.2x
Source: Nasdaq prices; SEC filings

Financials

From Las Vegas Sands's SEC filings, through the quarter ending 30 Sep 2026. Hover or tap a bar for its value.

Revenue fell 3.5% from a year earlierQuarterly revenue, $bn, latest Q3 ’26
$0bn$1bn$2bn$3bnQ4 ’24Q2 ’25Q4 ’25$3.2bnQ3 ’26$0bn$2bnQ4 ’24Q2 ’25Q4 ’25$3.2bnQ3 ’26
Source: SEC filings
Growth slowed to −3.5% last quarterRevenue growth, year on year, %
0%10%20%Q4 ’24Q2 ’25Q4 ’25−3.5%Q3 ’260%10%20%Q4 ’24Q2 ’25Q4 ’25−3.5%Q3 ’26
Source: SEC filings
Operating margin was 19.2% last quarterOperating income as a share of revenue, %
0%10%20%Q4 ’24Q2 ’25Q4 ’2519.2%Q3 ’260%10%20%Q4 ’24Q2 ’25Q4 ’2519.2%Q3 ’26
Source: SEC filings
Free cash flow was $2.4 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $m
$0m$500mQ4 ’24Q2 ’25Q4 ’25$589mQ3 ’26$0m$500mQ4 ’24Q2 ’25Q4 ’25$589mQ3 ’26
Source: SEC filings
Last 12 monthsLVSSector median
Revenue growth+10.9%+8.1%
Operating margin20.9%13.8%
Free cash flow margin17.7%10.1%
Price to earnings15.2x21.0x

Similar companies

Casinos & Gaming, by market value.

CompanyPriceTodayYTDValue
AMZNAmazon$240.35−1.41%+4.1%$2.59T
TSLATesla$399.81−0.87%−11.1%$1.58T
HDHome Depot$329.20+0.07%−4.3%$328B
TMToyota$195.71−0.47%−8.6%$286B
BABAAlibaba$98.04−1.51%−33.1%$244B
MCDMcDonald's$258.12+0.29%−15.5%$183B
TJXTJX Companies$140.31−0.76%−8.7%$154B
SONYSony Group$25.30−0.67%−1.2%$151B