Ticker League

Net Profit Margin for Las Vegas Sands (LVS)

As of · Reported

Metric

TTM

13.4%

YoY change

−0.30pp

Trough year (2020)

-57.3%

Peak year (2022)

44.6%

Net Profit Margin history chart for Las Vegas Sands (LVS) from 2000 to 2025

Latest: 12.5%

Net Profit Margin change chart for Las Vegas Sands (LVS) from 2000 to 2025

Latest: −0.30pp

Net Profit Margin history table for Las Vegas Sands (LVS) from 2000 to 2025

  • 202512.5%-0.30pp
  • 202412.8%+1.03pp
  • 202311.8%-32.80pp
  • 202244.6%+67.27pp
  • 2021-22.7%+34.62pp
  • 2020-57.3%-79.56pp
  • 201922.2%+4.67pp
  • 201817.6%-4.49pp
  • 201722.1%+7.16pp
  • 201614.9%-1.92pp
  • 201516.8%-2.66pp
  • 201419.5%+2.73pp
  • 201316.7%+3.05pp
  • 201213.7%-2.89pp
  • 201116.6%+7.83pp
  • 20108.7%+16.51pp
  • 2009-7.8%-4.04pp
  • 2008-3.7%-7.68pp
  • 20074.0%-15.81pp
  • 200619.8%+3.46pp
  • 200516.3%-25.07pp
  • 200441.4%+31.73pp
  • 20039.6%+11.53pp
  • 2002-1.9%-3.24pp
  • 20011.3%-1.29pp
  • 20002.6%—

Net Profit Margin values are taken from Las Vegas Sands's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Net Profit Margin at Las Vegas Sands (LVS)

According to Las Vegas Sands's latest reported financial statements, the company's latest reported net margin is 13.4%. Net profit margin is net income divided by revenue — the bottom-line share of each sales dollar that remains after all costs, including operating expenses, interest, and taxes. It is the most comprehensive profitability ratio, though it can swing on one-off items, so read it alongside the multi-year trend below.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

2025's annual net margin for Las Vegas Sands (LVS) came in at 12.50% – contracted 0.3 percentage points year-over-year.

The record annual net margin stands at 44.57%, reached in 2022; the historical low of -57.31% was recorded in 2020.

Las Vegas Sands Net Profit Margin by Year

Las Vegas Sands Net Profit Margin 2025: 12.5%

Las Vegas Sands posted net margin of 12.50% in 2025, contracted 0.3 percentage points from 2024.

Las Vegas Sands Net Profit Margin 2024: 12.8%

In 2024, Las Vegas Sands reported net margin of 12.80%, expanded 1.0 percentage points from 2023.

Las Vegas Sands Net Profit Margin 2023: 11.8%

Las Vegas Sands net margin in 2023 was 11.77%, contracted 32.8 percentage points from 2022.

Las Vegas Sands Net Profit Margin 2022: 44.6%

2022's net margin for Las Vegas Sands came in at 44.57%, expanded 67.3 percentage points from 2021. This figure represents the highest annual value in the available history.

Las Vegas Sands Net Profit Margin 2021: -22.7%

Las Vegas Sands net margin in 2021 was -22.70%.

See more financial history for Las Vegas Sands (LVS).

Sector peers by Net Profit Margin

Consumer Cyclical peers of Las Vegas Sands (LVS), ranked by their latest net margin

Frequently asked questions

Las Vegas Sands (LVS) Key Financials

Charts, filings, and peer comparison for every metric

Explore more

Deep-dives across the income statement, cash flow, capital return, and valuation

Overview