Stock Analysis
Las Vegas Sands Corp.LVS
P/E 14.26×· 5Y range 12.47–916.49×· bottom 4% of history
Sector: Consumer Cyclical · Industry: Hotels & Motels
AnalystsStrong Buy25 analystsP/E 14.3× sits at the 4th percentile of its 5.086926762491444-year history.
Cash covers 24% of debt · FY 2025.
PMP Verdict
Mixed fundamentals, cheap valuation
Strengths
- Profitability85
- Quality81
Risks
- Financial Health40
- Growth45
Mixed business trading cheap — priced for skepticism.
Bull Case
- ✓Piotroski F-Score 8/9 — high earnings quality
- ✓ROE 108.6% — efficient capital deployment
- ✓Revenue CAGR 32.4% — durable top-line growth
- ✓P/E 14.3× at bottom 4% of 5-year history
What's happening with LVS
Profile
Strong valuation, profitability and earnings quality; financial health and growth lag behind.
How is each axis scored?
- Valuation95/100 · Strong
- P/E vs own history (4th pct)25/25
- FCF yield (11.0%)25/25
- P/S (1.8x)25/25
- EV/EBIT (12.4x)20/25
- Growth45/100 · Weak
- Revenue CAGR (32.4%)25/25
- Net income CAGR (n/a)0/25
- EPS CAGR 5Y (n/a)0/25
- Fwd implied growth (20.5%)20/25
- Profitability85/100 · Strong
- ROIC (17.2%)20/25
- ROE (108.6%)25/25
- Net margin (12.6%)20/25
- Operating margin (21.5%)20/25
- Financial Health40/100 · Weak
- Altman Z (2.12)18/25
- Current ratio (1.14)12/25
- Interest coverage (4.0x)10/25
- Net cash / debt (D/A 54%)0/25
- Quality81/100 · Strong
- Piotroski F (8/9)25/25
- Beneish M (-2.64)25/25
- FCF conversion (157%)25/25
- Margin stability (σ 24.0%)6/25
- Moat50/100 · Moderate
- ROIC >12% years (7/10 yrs)20/25
- Median gross margin (44.5%)20/25
- FCF-positive years (7/10 yrs)10/25
- Worst-year net margin (worst -46.7%)0/25
Risk Flags
- ⚠2 loss-making years in recent history
About Las Vegas Sands Corp.
Las Vegas Sands is the world's largest operator of fully integrated resorts, featuring casino, hotel, entertainment, food and beverage, retail, and convention center operations. Show more
The company owns the Venetian Macao, Sands Macao, Londoner Macao, Four Seasons Hotel Macao, and Parisian Macao, as well as the Marina Bay Sands resort in Singapore. We expect Sands to open a fourth tower in Singapore in 2031. Its Venetian and Palazzo Las Vegas assets in the US were sold to Apollo and Vici in 2022. After the sale of its Vegas assets, Sands generates all its EBITDA from Asia, with its casino operations generating the majority of sales.
Headquarters: LAS VEGAS, NV · Employees: 41,500 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
95A+P/E (TTM)14.2xA
Grade A: CheapPrice / TTM EPS (own statements) — vs own 5Y history: 12.5x–916.5x · 4th pct
P/FCF9.1xA
Grade A: CheapPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield11.0%A
Grade A: ValueTTM (OCF − CapEx) / Market Cap — vs own 5Y history: -6.3%–11.7% · highest in history
P/S (TTM)1.79xA
Grade A: CheapPrice / TTM Revenue (own statements) — vs own 5Y history: 1.7x–11.6x · lowest in history
EV/EBIT12.4xB
Grade B: FairEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 11.9x–97.7x · 1st pct
EV/Sales2.6xB
Grade B: FairEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E11.8xA
Grade A: CheapPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio15.47xD
Grade D: Very expensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio1.56B
Grade B: FairFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield3.31%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio46.8%A
Grade A: SafeDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
85AROIC17.2%A
Grade A: MoatNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE108.6%A
Grade A: StrongReturn on Equity. Neg. equity = heavy buybacks
ROA8.2%C
Grade C: AverageReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin12.6%A
Grade A: HighNet Income / Revenue
Operating Margin21.5%C
Grade C: AverageTTM EBIT / TTM Revenue
Gross Margin48.5%C
Grade C: AverageGross Profit / Revenue
FCF Margin19.7%A
Grade A: HighFCF / Revenue
True FCF Margin19.2%A
Grade A: HighTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
45D+Revenue CAGR32.4%A
Grade A: HighCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR—
Compound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)—
Compound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth20.5%C
Grade C: MedAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)-15.2%A
Grade A: BuybacksShare count change over 5Y
SBC / Net Income3.8%A
Grade A: LowStock-based comp/Net income. >30% = dilution risk
SBC / Revenue0.5%A
Grade A: LowTTM stock-based comp / TTM Revenue
Financial Health
40D+Altman Z-Score2.12C
Grade C: Gray zoneBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio1.14xC
Grade C: OkCurrent Assets/Liabilities
Quick Ratio0.93xC
Grade C: Ok(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage4.0xC
Grade C: OkEBIT/Interest. >10 Strong
Debt Repayment4.4yC
Grade C: AverageYears to repay net debt via FCF
Net Debt/EBIT4.1xD
Grade D: HighLeverage. <2x Low, >4x High
Debt/Equity9.93xD
Grade D: HighDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.24xD
Grade D: ThinCash covers how much of total debt. >1 = could repay all debt from cash
Quality
81APiotroski F-Score8/9A
Grade A: StrongFinancial strength 0–9. >7 Strong
Beneish M-Score-2.64A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion156.5%A
Grade A: StrongFCF / Net Income
Margin Stability24.0%D
Grade D: VolatileEBIT margin std deviation. Lower = stable
Capex / Revenue7.5%C
Grade C: AverageTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.65xC
Grade C: AverageRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Adelson Miriam Filed | Adelson Miriam | Gift | -1077046 | |
Adelson Miriam Filed | Adelson Miriam | Gift | -7947648 | |
Adelson Miriam Filed | Adelson Miriam | Gift | +43.86M | |
Adelson Miriam Filed | Adelson Miriam | Gift | +43.86M | |
Adelson Miriam Filed | Adelson Miriam | Gift | -87718918 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Adelson Miriam Filed | Adelson Miriam | Gift | -87718919 | |
Li Alain Filed | Li Alain | Grant / award | +3.9K | |
Besca Mark Filed | Besca Mark | Grant / award | +3.9K |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
50CROIC >12% Years7/10 yrsA
Grade A: DurableShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)44.5%A
Grade A: DurableMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years7/10 yrsD
Grade D: WeakShare of completed fiscal years with positive free cash flow
Net Margin Floor-46.7%D
Grade D: WeakWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$2.67
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$5.21
Cash & short-term investments per share (Finnhub)
Book Value / Share$0.90
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$15.78B
Total debt obligations (short + long term)
Cash & Equiv.$3.84B
Cash and short-term investments
Net Debt$11.94B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$1.59B
Shareholders' equity (book value)
Asset / Liability1.10xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$24.60B
Current Market Capitalization
Beta0.76B
Grade B: DefensivePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: Las Vegas Sands Corp. (LVS)
LVS is down 0.81% at the last close. Las Vegas Sands Corp. meets 8 of 9 Piotroski F-Score criteria, placing its fundamental strength in the top tier of US-listed stocks. Altman Z-Score of 2.12 falls in the grey zone (1.81–2.99) — financial distress is unlikely but not ruled out. Beneish M-Score of -2.64 suggests a low likelihood of earnings manipulation. Revenue has compounded at roughly 32% annually — a strong growth profile. Las Vegas Sands Corp. converts about 20% of revenue into free cash flow — strong cash generation.
- Takes ~4.4 years to repay net debt from free cash flow.
- Las Vegas Sands Corp. posted a net loss in 2 of 10 available completed fiscal years (2016–2025).
- At a valuation score of 95/100, LVS trades near the cheapest end of its own historical range (P/E 14.2).
- Return on equity of 108.6% is well above the market average.
- The stock currently yields 3.3% in dividends.
See how LVS ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all LVS moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 15 | Regular | 38.34 | +3.57% | 3.21 |
| Oct 15 | After-hours | 38.40 | +3.73% | 3.33 |
| Oct 13 | Regular | 36.98 | +2.28% | 2.88 |
| Oct 13 | After-hours | 37.15 | +2.77% | 3.34 |
| Oct 5 | Pre-market | 36.87 | +1.76% | 2.92 |
Frequently Asked Questions about LVS
What is the current Las Vegas Sands Corp. (LVS) stock price?
LVS is trading at $38.01 at the last market close, down 0.81% on the session. PreMarketPrice tracks LVS pre-market, intraday and after-hours prices.
Is LVS stock a buy right now?
PreMarketPrice's quantitative model rates Las Vegas Sands Corp.'s financial health at 40/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is LVS stock overvalued?
Las Vegas Sands Corp. trades at a trailing P/E of 14.2 and our valuation score rates it 95/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Las Vegas Sands Corp. report earnings?
No confirmed earnings date is currently scheduled for LVS. The Earnings section lists recent reports and updates as dates are announced.
What sector does Las Vegas Sands Corp. operate in?
Las Vegas Sands Corp. operates in the Consumer Cyclical sector, within the Hotels & Motels industry. The Related Stocks section lists sector peers for comparison.
What does Las Vegas Sands Corp. do?
Las Vegas Sands is the world's largest operator of fully integrated resorts, featuring casino, hotel, entertainment, food and beverage, retail, and convention center operations.
About Las Vegas Sands Corp. (LVS) Stock
Las Vegas Sands Corp. (LVS) is a US-listed stock operating in the Consumer Cyclical sector, specifically the Hotels & Motels industry. As of the latest update, Las Vegas Sands Corp. is trading at $38.01, down 0.81% on the day with a market capitalization of $24.6 billion. The financial health score for LVS is 40/100, which indicates weak financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for LVS stock.
LVS Stock Analysis & Key Metrics
On PreMarketPrice, you can track Las Vegas Sands Corp. (LVS) across multiple dimensions:
- Pre-market price & movement: Real-time LVS stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for LVS with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Las Vegas Sands Corp. across multiple reporting periods.
- Financial health score: A composite score of 40/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for LVS.
- Sector peers: Compare LVS against 6 other consumer cyclical stocks on key financial metrics.
Is LVS a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Las Vegas Sands Corp. (LVS) as an investment. The financial health score of 40/100 suggests weak financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Las Vegas Sands Corp. (LVS) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.