LVS

Las Vegas Sands Corp Consumer Discretionary Hotels & Motels S&P 500Russell 3000
$36.97Close $25.0BMarket cap $35.68 – $68.2952-week range Jan 20, 2027Next report · estimated

Highlights

Cautions

  • Not in an uptrend 0 of 8 trend conditions
  • Lagging the market RS 10 · weaker than 90% of stocks over 12 months
  • Far from its high 46% below its 52-week high
  • Distribution down-day volume 2.2× up-day volume over 50 sessions
  • Earnings shrinking EPS −22% year on year

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Oct 23, 2026
Off 12-month high 46%
1wk up 3.6% price change
1mo down 2.2% price change
12-month return down 36% market up 11% · its own down 47%
F-score — — Not assessed
Altman Z″ 1.78 Moderate risk
P/E 15.3× price / earnings
PEG 0.78 P/E / EPS growth
P/B 15.7× price / book
Earnings yield up 7.6% EBIT / enterprise value
Cheaper than 58% of the market · around average
Revenue growth up 15% year on year
EPS growth down 22% latest quarter · -2 pts
Sales growth down 3% latest quarter · -3 pts
ROE up 73% return on equity
Free cash margin up 14% $1.9B FCF
D/E 9.93 long-term debt / equity
Net debt / EBITDA 2.8×
Interest cover 3.8×EBIT / interest

Trade setup

ATR% 2.6% $0.96 a day · 2×ATR $35.05
RS 10 / 99 vs the universe
Trend 0 / 8 trend template
Relative volume 1.1× vs 50-day average
Up/down volume 0.46 50 sessions
Implied move — no scheduled report
Trend template · 0 of 8

Screen verdict

Did not qualify for any screen.

Warning signs

none flagged
  • No restatement or impairment
  • Equity positive
  • Interest covered
  • No material dilution
  • Profits tracking cash
  • Margins and revenue not shrinking
Last reported Oct 21, 2026
Results reaction Oct 21, 2026-4% vs market2 sessions after results
Options $1.9M35.5% IV · activity

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $13.0B +15% on FY2024
$0 $20B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $2.9B FY2021 · $4.2B FY2022 · $4.1B FY2023 · $10.4B FY2024 · $11.3B FY2025 · $13.0B
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $1.6B +13% on FY2024
-$2B $0 $2B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$1.7B FY2021 · -$961.0M FY2022 · $1.8B FY2023 · $1.2B FY2024 · $1.4B FY2025 · $1.6B
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $1.9B +13% on FY2024
-$5B $0 $2.5B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$2.5B FY2021 · -$1.1B FY2022 · -$1.6B FY2023 · $2.2B FY2024 · $1.6B FY2025 · $1.9B
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Net 12%
  • Free cash 14%
-100% 0% 50% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Net -57% · Free cash -86% FY2021 · Net -23% · Free cash -25% FY2022 · Net 45% · Free cash -39% FY2023 · Net 12% · Free cash 21% FY2024 · Net 13% · Free cash 14% FY2025 · Net 12% · Free cash 14%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $11.9B net debt
  • Cash
  • Long-term debt
$0 $20B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $2.1B · Long-term debt $14.0B FY2021 · Cash $1.9B · Long-term debt $14.8B FY2022 · Cash $6.3B · Long-term debt $16.0B FY2023 · Cash $5.1B · Long-term debt $14.0B FY2024 · Cash $3.6B · Long-term debt $13.8B FY2025 · Cash $3.8B · Long-term debt $15.8B
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 675m -11.6% since FY2020
764m 675m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 764m FY2021 · 764m FY2022 · 764m FY2023 · 753m FY2024 · 716m FY2025 · 675m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $2.9B $4.2B $4.1B $10.4B $11.3B $13.0B
Operating income -$1.4B -$689.0M -$792.0M $2.3B $2.4B $2.8B
Net income -$1.7B -$961.0M $1.8B $1.2B $1.4B $1.6B
Net margin -57% -23% 45% 12% 13% 12%
Earnings per share -$2.21 -$1.26 $2.40 $1.60 $1.96 $2.35
Free cash flow -$2.5B -$1.1B -$1.6B $2.2B $1.6B $1.9B
Free cash margin -86% -25% -39% 21% 14% 14%
Cash $2.1B $1.9B $6.3B $5.1B $3.6B $3.8B
Long-term debt $14.0B $14.8B $16.0B $14.0B $13.8B $15.8B
Shareholders' equity $3.0B $2.0B $3.9B $4.1B $2.9B $1.6B
Shares outstanding 764m 764m 764m 753m 716m 675m

What options price now

Expected 1-month range The at-the-money straddle for the expiry nearest a month out, as a share of the price: the move, either way, the option market is pricing by then. The range is the price plus and minus that move; the stock ends inside it a little more often than not. Methodology
$34 – $40 ±7.6% by Nov 27, 2026
Swings expected vs recent The daily swings the options are priced for (implied volatility) against the swings the stock actually had over the last 20 sessions (realised volatility). Bigger means options charge for more movement than the stock has been delivering; smaller, less. On a contract row, that contract's own implied volatility over the stock's realised. Methodology
Bigger 35.5% priced · 26.0% recent
Next month vs later At-the-money implied volatility for 8-45 day expiries over 46-90 day ones: whether options price the coming month as choppier or calmer than the two after it. Ahead of a report it usually reads choppier, and the extra comes out once the report is out. Methodology
About the same
Crash protection What options that pay off in a fall cost against options that pay off in a rise (the 25-delta skew), compared with this company's own normal - the median of its stored nightly readings, once there are 20 - and with five sessions ago. Protection costs a little more than upside on most shares. More than usual means readers of the chain are paying up to insure against a drop; it does not say which way the stock will go. Methodology
past week: costs more
Positioning
Premium traded
$1.9M calls $1.6M · puts $222,728 · latest session
Puts against calls, by premium Money spent on puts divided by money spent on calls. Measured in dollars rather than contracts on purpose: counting contracts treats a hundred cheap lottery tickets as more meaningful than one large position, which is backwards. Methodology
0.14× -0.63 over the week
Open interest added The change over five sessions in option positions left open overnight, calls and puts. A rise means positions were added. It cannot say whether they were bought or sold, so more calls is not a vote for a rise: a call is as often sold against shares already held. Methodology
calls -12.50k · puts -5.42k past week

For options traders: ATM IV 35.5% (+0.5% 1w) · 1m ÷ 3m IV 1.02 · 25Δ skew 5.0 pts · Net GEX $3.0M

Most traded contracts

No contract passed the liquidity filters this week.

Filings

SEC EDGAR
FiledReportPeriod to Lag
Oct 23, 2026 Quarterly ↗ Sep 30, 2026 23d
Jul 24, 2026 Quarterly ↗ Jun 30, 2026 24d
Apr 24, 2026 Quarterly ↗ Mar 31, 2026 24d
Feb 6, 2026 Annual ↗ Dec 31, 2025 37d
Oct 24, 2025 Quarterly ↗ Sep 30, 2025 24d
Jul 25, 2025 Quarterly ↗ Jun 30, 2025 25d
Apr 25, 2025 Quarterly ↗ Mar 31, 2025 25d
Feb 7, 2025 Annual ↗ Dec 31, 2024 38d
Oct 25, 2024 Quarterly ↗ Sep 30, 2024 25d
Jul 26, 2024 Quarterly ↗ Jun 30, 2024 26d
Apr 19, 2024 Quarterly ↗ Mar 31, 2024 19d
Feb 7, 2024 Annual ↗ Dec 31, 2023 38d

Current reports