Financials in USD. Standardized financial statements.
A compact view of how Las Vegas Sands Corp. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $13.02B | $11.30B | $10.37B | $4.11B | $4.23B | $2.94B | $12.13B | $13.73B | $12.73B | $11.27B |
| Revenue Growth? | +15.2% | +8.9% | +152.4% | -2.9% | +44.0% | -75.8% | -11.7% | +7.9% | +12.9% | 0.0% |
| Cost of Revenue? | $6.54B | $5.78B | $5.21B | $2.46B | $2.63B | $2.12B | $6.10B | $6.97B | $6.33B | $5.69B |
| Gross Profit? | $6.48B | $5.52B | $5.17B | $1.65B | $1.61B | $821.00M | $6.03B | $6.75B | $6.40B | $5.58B |
| Gross Margin? | +49.8% | +48.9% | +49.8% | +40.1% | +38.0% | +27.9% | +49.7% | +49.2% | +50.3% | +49.6% |
| Operating Expenses? | $3.39B | $3.06B | $2.81B | $2.42B | $2.30B | $2.21B | $2.66B | $3.00B | $2.94B | $3.08B |
| Operating Income? | $3.09B | $2.47B | $2.35B | -$770.00M | -$689.00M | -$1.39B | $3.37B | $3.75B | $3.46B | $2.50B |
| EBITDA? | $4.50B | $4.05B | $3.86B | $406.00M | $244.00M | -$301.00M | $5.12B | $4.92B | $4.59B | $3.69B |
| Income Before Tax | $2.21B | $1.96B | $1.77B | -$1.39B | -$1.47B | -$1.88B | $3.60B | $3.33B | $3.05B | $2.26B |
| Income Tax Expense | $347.00M | $208.00M | $344.00M | $154.00M | -$5.00M | $24.00M | $432.00M | $375.00M | -$209.00M | $239.00M |
| Net Income? | $1.63B | $1.45B | $1.22B | $1.83B | -$961.00M | -$1.69B | $2.70B | $2.41B | $2.81B | $1.68B |
| EPS? | $2.35 | $1.97 | $1.60 | $-1.40 | $-1.26 | $-1.89 | $3.50 | $3.07 | $3.54 | $2.10 |
| Diluted EPS? | $2.35 | $1.96 | $1.60 | $-1.40 | $-1.51 | $-1.89 | $3.50 | $3.07 | $3.54 | $2.10 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality