Gross Profit for Las Vegas Sands (LVS)
According to Las Vegas Sands's latest reported financial statements, the company's current gross profit (TTM) is $3.67B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$3.67B
YoY change
-11.7%
5Y CAGR
N/A
Peak year (2014)
$5.81B
Cumulative gross profit
$67.60B
Gross Profit history chart for Las Vegas Sands (LVS) from 2000 to 2025
Gross Profit history table for Las Vegas Sands (LVS) from 2000 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $3.67B | -11.7% | ||
| 2024 | $4.15B | +6.5% | ||
| 2023 | $3.90B | +535.3% | ||
| 2022 | $614.00M | +8.3% | ||
| 2021 | $567.00M | -422.2% | ||
| 2020 | -$176.00M | -103.1% | ||
| 2019 | $5.74B | +1.7% | ||
| 2018 | $5.64B | +8.0% | ||
| 2017 | $5.23B | +17.2% | ||
| 2016 | $4.46B | -2.4% | ||
| 2015 | $4.57B | -21.3% | ||
| 2014 | $5.81B | +10.7% | ||
| 2013 | $5.25B | +25.8% | ||
| 2012 | $4.17B | +12.9% | ||
| 2011 | $3.69B | +61.8% | ||
| 2010 | $2.28B | +107.5% | ||
| 2009 | $1.10B | +1.1% | ||
| 2008 | $1.09B | +11.2% | ||
| 2007 | $978.73M | +1.7% | ||
| 2006 | $961.98M | +24.6% | ||
| 2005 | $772.16M | +31.8% | ||
| 2004 | $585.90M | -15.3% | ||
| 2003 | $691.75M | +11.0% | ||
| 2002 | $623.34M | +6.2% | ||
| 2001 | $586.97M | -8.5% | ||
| 2000 | $641.20M | — |
Gross Profit values are taken from Las Vegas Sands's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual gross profit for Las Vegas Sands (LVS) came in at $3.67B – declined 11.7% year-over-year.
Through 2015–2025 (10 years), Las Vegas Sands gross profit delivered a -2.2% annualised rate; with a net decline across the window.
Between 2014 and 2025, Las Vegas Sands gross profit plunged 36.8%, falling from $5.81B to $3.67B.
$5.81B stands as the all-time-high annual gross profit, posted in 2014, against a low of -$176.00M during 2020.
Within Consumer Cyclical, Las Vegas Sands (LVS) ranks 9th among 8 peers we track. The peer median for gross profit is $40.89B.
Las Vegas Sands Gross Profit by Year
Las Vegas Sands Gross Profit 2025: $3.67B
Las Vegas Sands gross profit in 2025 was $3.67B, declined 11.7% below 2024.
Las Vegas Sands Gross Profit 2024: $4.15B
Las Vegas Sands gross profit in 2024 was $4.15B, grew 6.5% from 2023.
Las Vegas Sands Gross Profit 2023: $3.90B
Las Vegas Sands gross profit in 2023 was $3.90B, surged 535.3% from 2022.
Las Vegas Sands Gross Profit 2022: $614.00M
Las Vegas Sands gross profit in 2022 was $614.00M, grew 8.3% from 2021.
Las Vegas Sands Gross Profit 2021: $567.00M
Las Vegas Sands gross profit in 2021 was $567.00M.
See more financial history for Las Vegas Sands (LVS).
Sector peers — Gross Profit
Companies in the same sector as Las Vegas Sands, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $398.06B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $360.51B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $236.42B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $54.87B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $26.92B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $18.69B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $17.09B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $15.44B | Consumer Cyclical |
Frequently asked questions
What is Las Vegas Sands's gross profit?
- Latest reported gross profit for Las Vegas Sands (LVS) is $3.67B (period ending March 31, 2026).
How has Las Vegas Sands gross profit changed year-over-year?
- Las Vegas Sands (LVS) gross profit changed -11.7% year-over-year on the latest annual filing.
What is the long-term growth rate of Las Vegas Sands gross profit?
- Las Vegas Sands (LVS) gross profit compound annual growth rate is -2.2% over the most recent 10 years available.
When did Las Vegas Sands gross profit hit its highest annual value?
- Las Vegas Sands gross profit reached its highest annual value of $5.81B in 2014.
What was Las Vegas Sands gross profit in 2024?
- Las Vegas Sands (LVS) gross profit in 2024 was $4.15B.
What was Las Vegas Sands gross profit in 2025?
- Las Vegas Sands (LVS) gross profit in 2025 was $3.67B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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