Las Vegas Sands Corp. (LVS) is a Consumer Discretionary stock trading at $41.27 (as of 2026-09-15), with a market capitalization of $26.73B and a trailing P/E of 15.5. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
Las Vegas Sands Corp. develops, owns, and operates integrated resort properties in Asia and the United States, including Marina Bay Sands in Singapore and multiple resorts in Macao, China, as well as its Las Vegas Strip property and Sands Expo and Convention Center in Nevada. Its resorts include accommodations, gaming, entertainment, retail, and convention facilities serving leisure and business visitors.
LVS operates integrated casino resorts in Macau, Singapore, and Las Vegas, generating most profit from high-limit gaming handle at its Macau and Marina Bay Sands properties. Gaming accounts for nearly nine-tenths of revenue, with Macau as the dominant source, making the stock a concentrated, leveraged play on Macau's regulated visitor economy.
Macau's government license cap fixes the supply of gaming rooms, so LVS's only growth lever is winning share of a fixed-pie visitor pool by upgrading premium product and converting that flow into high-limit table handle where the per-visitor margin is structurally higher than mass-market play.
| Macao | $2.1B |
| Marina Bay Sands | $1.5B |
Business quality (Strong): A 20% operating margin and 98% park occupancy on a regulated, capital-intensive asset base yields a Strong quality grade, but the model demands perpetual reinvestment to defend share in Macau and carries single-market regulatory risk.
Valuation: At 18× earnings, LVS trades 36% below the Restaurants, Hotels & Motels average (28×).
| Price | $41.27 |
| Market Cap | $26.73B |
| P/E Ratio | 15.5 |
| EV / EBITDA | 5.3 |
| Price / Book | 29.80 |
| Price / Sales | 1.95 |
| Dividend Yield | 3.1% |
| FCF Yield | 10.1% |
| DCF Value (model) | $44.53 |
| DCF Upside vs Price | 7.9% |
| Revenue (TTM) | $13.02B |
| Net Margin | 12.5% |
| Return on Equity | 192.5% |
| Current Ratio | 1.00 |
| Revenue Growth (YoY) | -0.7% |
| EPS Growth (YoY) | -19.7% |
| FCF Growth (YoY) | -424.1% |
| Altman Z-Score | 2.16 (grey) |
| Stock P/E | 15.5 |
| Sector P/E (Consumer Discretionary) | 19.9 |
| Industry P/E (Restaurants, Hotels & Motels) | 24.6 |
| vs Sector | -22.4% |
| vs Industry | -37.0% |
| Top Institutional Holder | VANGUARD GROUP INC ($2.64B) |
| Institutional Holders Tracked | 10 |
| Congressional Trades (recent) | 4 |
| Sector | Consumer Discretionary |
| Industry | Restaurants, Hotels & Motels |
| CEO | Robert Glen Goldstein |
| Employees | 39,900 |
| Country | US |
| IPO Date | 2004-12-15 |
Data as of 2026-09-15.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.