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Thursday, September 17, 2026Closing data · 4:00 PM ET
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LVS

Las Vegas SandsNYSE · Casinos & Gaming · Consumer Discretionary
Previous close
40.67
Change
−0.39 / −0.95%
FinDog View
Neutral
52-Week Range ?
40.63 – 70.45
P/E (TTM) ?
15.5
Forward P/E ?
14.8
Based on consensus earnings for the next 12 months
Market Cap
$26.6B
1M
−10.56%
S&P 500 −0.63% over same period
Volume / Avg Volume
4.2M / 5.3M
0.79× average
Latest earnings analysisFY2026 Q2Reported 2026-07-22

Las Vegas Sands Q2 2026: flat revenue, profit down on low Macao hold

Neutral: Las Vegas Sands earned $0.53 a share on $3.154 billion of revenue, a 0.7% top-line decline and a 21.9% miss against the $0.7552 adjusted-EPS consensus, but management pins most of the damage on unusually low rolling-chip hold in Macao. Read the quarter as a hold-driven air pocket on a still-growing non-gaming business, not a collapse — and watch the $15.11 billion of debt against $581 million of equity.

Read the full analysis →
Revenue$3.15BYoY −0.70%
EPS (non-GAAP)$0.59Missest. $0.76
Next-day move+1.72%

Price History

Closing price · USD1M6M1Y5Y
4045505560EFY26 Q2 EarningsEFY26 Q1 Earnings2026-032026-052026-062026-082026-09

Historical P/E

Close ÷ trailing four-quarter EPS · Period median 24.51M6M1Y5Y
02004006008002023-082024-052025-032025-122026-09

Recent Earnings

Click to read the FinDog analysis
PeriodReportedRevenueEPS Actual / Est.Next-Day MoveAnalysis

Next Earnings

Date and consensus from the earnings calendar; the analysis is generated automatically after the releaseEarnings Calendar →
Report date
2026-10-21est.
in 33 days · Estimated from last year's report date; subject to company confirmation
Consensus EPS
Last quarter EPS $0.59
Avg. next-day move over the last 6 reports
±7.9%

Decision Panel

Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market data
Valuation
P/E is at percentile 0 of its 5-year rangeCheap
5-year range 17.1 – 678.0 · Median 24.5
Last 4 quarters: $2.5B in buybacks + $938M in dividends, 13.09% of market cap combined
P/E (TTM)
15.5
P/B
46.0
P/S
2.0
Dividend Yield
1.64%
Earnings Reaction
Over the last 6 reports, the stock moved ±7.9% on average on the first trading day after, rising 4 times
Most recent +1.72%
Volatility & Correlation
1-year beta 0.61 · Correlation with S&P 500 0.23Low beta
Annualized volatility 35% vs. 13% for the S&P 500
Insider Trading
View all
Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
No open-market buys or sells by officers or directors in the last 90 days.
Multi-Quarter Financial Trends
View all quarters
Last 12 quarters · As reported by the company
QuarterRevenue ($B)YoYGross MarginOperating Income ($B)Net Income ($B)Free Cash Flow ($B)EPS
FY2026 Q23.15−0.7%0.620.350.350.53
FY2026 Q13.59+25.3%0.900.570.540.85
FY2025 Q43.65+26.0%0.710.400.930.58
FY2025 Q33.33+24.2%0.720.420.890.61
FY2025 Q23.18+15.0%0.780.46-0.110.66
FY2025 Q12.86−3.3%0.610.350.150.49
FY2024 Q42.90−0.7%0.590.320.370.45
FY2024 Q32.68−4.0%0.500.280.220.38
FY2024 Q22.76+8.6%0.590.350.530.48
FY2024 Q12.96+39.6%0.720.490.520.66
FY2023 Q42.92+161.0%0.710.380.680.50
FY2023 Q32.80+178.1%0.690.380.510.50

Peers

Largest by market cap in the sector · Latest quarterView Consumer Discretionary sector →
TickerCompanyMarket CapP/ERevenue YoYGross Margin1MView