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Las Vegas Sands Corp. LVS
$ 66.83 2.45%

Quarterly report 2025-Q3
added 10-24-2025

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Las Vegas Sands Corp. Balance Sheet 2011-2025 | LVS

Annual Balance Sheet Las Vegas Sands Corp.

2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Net Debt

6.96 B 7.04 B 7.65 B 12.9 B 11.8 B 8.27 B 7.34 B 7.22 B 7.47 B 7.29 B 6.49 B 6.16 B 7.72 B 6.13 B

Long Term Debt

10.6 B 12.1 B 13.9 B 14.7 B 13.9 B 12.4 B 11.9 B 9.34 B 9.43 B 9.37 B 9.89 B 9.38 B 10.1 B 9.58 B

Long Term Debt Current

16 M 19 M 13 M 14 M - - - - - - - - - -

Total Non Current Liabilities

- - - - - 13.5 B 12.6 B 10.1 B 10.2 B 10.1 B 10.6 B 10.1 B 10.9 B 10.3 B

Total Current Liabilities

5.8 B 4.42 B 3.9 B 2.56 B 2.31 B 3.22 B 3.16 B 2.95 B 2.81 B 2.46 B 2.71 B 3.13 B 2.62 B 2.5 B

Total Liabilities

17.5 B 17.7 B 18.4 B 17.8 B 17.3 B 16.7 B 15.8 B 13.1 B 13 B 12.6 B 13.3 B 13.2 B 13.5 B 12.8 B

Deferred Revenue

- - - - - 582 M 676 M 572 M 508 M 431 M 465 M 451 M 388 M -

Retained Earnings

3.46 B 2.6 B 1.68 B -148 M 813 M 3.1 B 2.77 B 2.72 B 2.22 B 2.84 B 2.95 B 1.71 B 560 M 2.15 B

Total Assets

20.7 B 21.8 B 22 B 20.1 B 20.8 B 23.2 B 22.5 B 20.7 B 20.5 B 21 B 22.4 B 22.7 B 22.2 B 22.2 B

Cash and Cash Equivalents

3.65 B 5.1 B 6.31 B 1.87 B 2.1 B 4.23 B 4.65 B 2.42 B 2.13 B 2.18 B 3.51 B 3.6 B 2.51 B 3.9 B

Book Value

3.16 B 4.1 B 3.66 B 2.25 B 3.54 B 6.51 B 6.74 B 7.64 B 7.5 B 8.42 B 9.02 B 9.5 B 8.66 B 9.44 B

Total Shareholders Equity

2.88 B 4.12 B 3.66 B 2.25 B 3.54 B 5.19 B 5.68 B 6.49 B 6.18 B 6.82 B 7.21 B 7.67 B 7.06 B 7.85 B

All numbers in USD currency

Quarterly Balance Sheet Las Vegas Sands Corp.

2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Long Term Debt

13.9 B 14.9 B 10.9 B 10.6 B 11.3 B 12.8 B 11.9 B 12.1 B 12.6 B 14.8 B 14 B 13.9 B 13.8 B - 14.9 B 14.7 B 14.5 B 14.4 B 14.4 B 13.9 B 13.9 B 13.9 B 13.9 B 12.4 B 12.4 B 12.4 B 12.4 B 11.9 B 11.9 B 11.9 B 11.9 B 9.34 B 9.34 B 9.34 B 9.34 B 9.43 B 9.43 B 9.43 B 9.43 B 9.25 B 9.25 B 9.25 B 9.25 B 9.89 B 9.89 B 9.89 B 9.89 B 9.38 B 9.38 B 9.38 B 9.38 B 10.1 B 9.5 B 10.1 B 10.1 B 10 B 9.58 B 9.58 B 9.58 B

Total Liabilities

19.6 B 19.6 B 18.2 B 17.5 B 17.7 B 17.2 B 17.2 B 17.7 B 17.7 B 18.1 B 18.9 B 18.4 B 17.7 B - 17.6 B 17.8 B 17.5 B 17.4 B 17.4 B 17.3 B 17.3 B 17.3 B 17.3 B 16.7 B 16.7 B 16.7 B 16.7 B 15.8 B 15.8 B 15.8 B 15.8 B 13.1 B 13.1 B 13.1 B 13.1 B 13 B 13 B 13 B 13 B 12.4 B 12.4 B 12.4 B 12.4 B 13.3 B 13.3 B 13.3 B 13.3 B 13.2 B 13.2 B 13.2 B 13.2 B 13.5 B 13.5 B 13.5 B 13.5 B 12.8 B 12.8 B 12.8 B 12.8 B

Retained Earnings

4.16 B 3.91 B 3.63 B 3.46 B 3.28 B 3.15 B 2.94 B 2.6 B 2.37 B 2.14 B 1.83 B 1.68 B 1.85 B - 2.38 B -148 M -25 M 343 M 535 M 813 M 813 M 813 M 813 M 3.1 B 3.1 B 3.1 B 3.1 B 2.77 B 2.77 B 2.77 B 2.77 B 2.71 B 2.71 B 2.71 B 2.71 B 2.22 B 2.22 B 2.22 B 2.22 B 2.84 B 2.84 B 2.84 B 2.84 B 2.95 B 2.95 B 2.95 B 2.95 B 1.71 B 1.71 B 1.71 B 1.71 B 560 M 560 M 560 M 560 M 2.15 B 2.15 B 2.15 B 2.15 B

Total Assets

21.5 B 21.8 B 21.2 B 20.7 B 21.4 B 21.1 B 21.2 B 21.8 B 22.1 B 22.3 B 22.7 B 22 B 21.5 B - 22.2 B 20.1 B 19.9 B 20.4 B 20.5 B 20.8 B 20.8 B 20.8 B 20.8 B 23.2 B 23.2 B 23.2 B 23.2 B 22.5 B 22.5 B 22.5 B 22.5 B 20.7 B 20.7 B 20.7 B 20.7 B 20.5 B 20.5 B 20.5 B 20.5 B 20.9 B 20.9 B 20.9 B 20.9 B 22.2 B 22.4 B 22.4 B 22.4 B 22.7 B 22.7 B 22.7 B 22.7 B 22.2 B 22.2 B 22.2 B 22.2 B 22.2 B 22.2 B 22.2 B 22.2 B

Cash and Cash Equivalents

3.35 B 3.45 B 3.04 B 3.65 B 4.33 B 4.84 B 5.08 B 5.1 B 5.7 B 5.89 B 6.66 B 6.31 B 6.12 B 6.47 B 6.45 B 1.85 B 1.66 B 2.06 B 2.07 B 2.08 B 2.08 B 2.08 B 2.08 B 4.23 B 4.23 B 4.23 B 4.23 B 4.65 B 4.65 B 4.65 B 4.65 B 2.42 B 2.42 B 2.42 B 2.42 B 2.13 B 2.13 B 2.13 B 2.13 B 2.18 B 2.18 B 2.18 B 2.18 B 3.51 B 3.51 B 3.51 B 3.51 B 3.6 B 3.6 B 3.6 B 3.6 B 2.51 B 2.51 B 2.51 B 2.51 B 3.9 B 3.9 B 3.9 B 3.9 B

Book Value

1.87 B 2.28 B 3.03 B 3.16 B 3.65 B 3.89 B 4.02 B 4.1 B 4.45 B 4.16 B 3.83 B 3.66 B 3.78 B - 4.68 B 2.25 B 2.43 B 2.95 B 3.18 B 3.54 B 3.54 B 3.54 B 3.54 B 6.51 B 6.51 B 6.51 B 6.51 B 6.74 B 6.74 B 6.74 B 6.74 B 7.63 B 7.63 B 7.63 B 7.63 B 7.5 B 7.5 B 7.5 B 7.5 B 8.42 B 8.42 B 8.42 B 8.42 B 8.87 B 9.02 B 9.02 B 9.02 B 9.5 B 9.5 B 9.5 B 9.5 B 8.66 B 8.66 B 8.66 B 8.66 B 9.44 B 9.44 B 9.44 B 9.44 B

Total Shareholders Equity

1.57 B 1.99 B 2.7 B 2.88 B 3.65 B 3.89 B 4.02 B 4.12 B 4.45 B 4.16 B 3.83 B 3.88 B 3.78 B 4.22 B 4.68 B 2 B 2.43 B 2.49 B 2.67 B 2.97 B 2.97 B 2.97 B 2.97 B 5.19 B 5.19 B 5.19 B 5.19 B 5.68 B 5.68 B 5.68 B 5.68 B 6.49 B 6.49 B 6.49 B 6.49 B 6.18 B 6.18 B 6.18 B 6.18 B 6.82 B 6.82 B 6.82 B 6.82 B 7.21 B 7.21 B 7.21 B 7.21 B 7.67 B 7.67 B 7.67 B 7.67 B 7.06 B 7.06 B 7.06 B 7.06 B 7.85 B 7.85 B 7.85 B 7.85 B

All numbers in USD currency

Balance Sheet is a fundamental financial report of Las Vegas Sands Corp., providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.

For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.

Features of balance sheet analysis
  • Vertical and horizontal analysis
    Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods.
  • Asset quality
    It is important to evaluate not only the amount of assets but also their liquidity and realizability.
  • Accounting for off-balance sheet liabilities
    Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.

Balance sheet of other industry stocks – Resorts casinos

Issuer Price % 24h Market Cap Country
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GreenTree Hospitality Group Ltd. GreenTree Hospitality Group Ltd.
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Bluegreen Vacations Corporation Bluegreen Vacations Corporation
BXG
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RLH
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Full House Resorts Full House Resorts
FLL
$ 2.88 -6.49 % $ 99.4 M usaUSA
InterContinental Hotels Group PLC InterContinental Hotels Group PLC
IHG
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Hyatt Hotels Corporation Hyatt Hotels Corporation
H
$ 166.0 2.71 % $ 16.6 B usaUSA
Hilton Grand Vacations Hilton Grand Vacations
HGV
$ 43.64 -0.83 % $ 4.45 B usaUSA
Century Casinos Century Casinos
CNTY
$ 1.33 1.53 % $ 40.7 M usaUSA
Marriott International Marriott International
MAR
$ 308.17 3.16 % $ 87.6 B usaUSA
Huazhu Group Limited Huazhu Group Limited
HTHT
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The InterGroup Corporation The InterGroup Corporation
INTG
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Hilton Worldwide Holdings Hilton Worldwide Holdings
HLT
$ 286.01 2.08 % $ 70.9 B usaUSA
MGM Resorts International MGM Resorts International
MGM
$ 37.43 0.07 % $ 11.5 B usaUSA
Melco Resorts & Entertainment Limited Melco Resorts & Entertainment Limited
MLCO
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Studio City International Holdings Limited Studio City International Holdings Limited
MSC
$ 3.48 3.42 % $ 668 M canadaCanada
Vail Resorts Vail Resorts
MTN
$ 159.8 -1.25 % $ 5.94 B usaUSA
Choice Hotels International Choice Hotels International
CHH
$ 91.04 -0.3 % $ 4.34 B usaUSA
Penn National Gaming Penn National Gaming
PENN
$ 13.77 -3.61 % $ 2.09 B usaUSA
Monarch Casino & Resort Monarch Casino & Resort
MCRI
$ 100.41 1.65 % $ 1.87 B usaUSA
Caesars Entertainment Caesars Entertainment
CZR
$ 23.88 -2.67 % $ 5.13 B usaUSA
Marriott Vacations Worldwide Corporation Marriott Vacations Worldwide Corporation
VAC
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Red Rock Resorts Red Rock Resorts
RRR
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Playa Hotels & Resorts N.V. Playa Hotels & Resorts N.V.
PLYA
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Wyndham Hotels & Resorts Wyndham Hotels & Resorts
WH
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Wynn Resorts, Limited Wynn Resorts, Limited
WYNN
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