# Las Vegas Sands Corp. (LVS) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Consumer Cyclical / Hotels, Restaurants & Leisure. Price $44.37, market value $28.7 billion.

## Valuation
- **P/E (trailing): 17.2×** (5-yr avg 25.2×, 3-yr avg 27.3×). Las Vegas Sands Corp. trades at 17.2× trailing earnings, well below its own five-year average of 25.2×: cheap by its own standards. The Consumer Cyclical median in the September 2026 study was 19.5×. Forward P/E is 12.6×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.63**. A PEG of 0.63 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 2.1×**. Each dollar of revenue is priced at 2.1×.
- **Price / book: 49.5×**. The shares trade at 49.5× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 9.3×**. Enterprise value is 9.3× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 9.4%** (5-yr avg 1.3%). Free cash flow equals 9.4% of the market value, above its five-year average of 1.3%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 5.8%**. The inverse of the P/E: 5.8% of the price is earned each year.

## Profitability
- **Operating margin: 21.5%**. 21.5% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 12.5%**. 12.5% of each dollar of sales reaches the bottom line.
- **Return on equity: 102.3%**. A 102.3% return on equity is extremely high; check whether buybacks or debt have shrunk the equity base, which flatters the ratio.
- **Return on invested capital: 17.2%**. Return on all capital, debt included, is 17.2%: comfortably above what that capital costs.
- **Return on assets: 7.9%**. Each dollar of assets produces 7.9% of profit.

## Growth
- **Revenue growth (1 yr): 15.2%** (3-yr 46.9%/yr, 5-yr 34.7%/yr). Revenue grew 15.2% over the last year, against 34.7% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 19.9%** (3-yr -0.7%/yr). Earnings per share rose 19.9%, roughly in step with revenue.

## Financial health
- **Debt to equity: 9.92**. Debt is 9.92 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Net debt / EBITDA: 2.7×**. It would take 2.7 years of operating earnings to repay net borrowings, within the comfortable range.
- **Altman Z-score: 1.98**. A Z-score of 1.98 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 2.70%** ($1.15 per share, trailing). Las Vegas Sands Corp. yields 2.70%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 51%** (35% of free cash flow). 51% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 3**. 3 straight years of increases.
- **Dividend growth (5 yr): 4.8%/yr** (1-yr 25.0%). The dividend has grown 4.8% a year over five years.

## Analyst view
- **Analyst consensus: buy** (19 analysts). 19 analysts cover Las Vegas Sands Corp.; the consensus is buy, with an average price target of $59.07 (+33% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -18.3%** (YTD -31.1%, 3-mo -11.7%). The shares are down 18.3% over twelve months including dividends.
- **From 52-week high: -37.0%** (2.3% above the low). Trading 37% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 42**. An RSI of 42 is neutral.
- **Beta (1 yr): 0.63** (volatility 35%). Beta of 0.63 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=LVS · Page: https://foliofundamentals.com/stocks/lvs

Not investment advice.