Stock Analysis on Net
Stock Analysis on Net

Las Vegas Sands Corp. (NYSE:LVS)

This company has been moved to the archive! The financial data has not been updated since October 20, 2023.

Common-Size Income Statement
Quarterly Data

Las Vegas Sands Corp., common-size consolidated income statement (quarterly data)

Microsoft Excel
3 months ended: Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Casino 71.84 73.25 72.69 58.55 63.38 67.85 66.49 64.58 62.19 71.87 72.32 64.66 58.02 10.20 66.05 70.82 71.42 70.82 72.98 70.82 71.56 71.03 72.62
Rooms 12.24 11.64 11.46 13.79 12.24 9.28 10.07 10.32 11.67 9.80 8.03 12.22 12.97 14.29 15.04 12.37 13.51 12.87 12.34 12.52 12.90 12.66 12.43
Food and beverage 5.58 5.63 5.85 9.22 8.16 6.03 5.62 5.06 4.90 4.26 4.68 6.81 9.22 12.24 7.80 6.90 6.12 6.72 6.36 6.42 5.78 6.63 6.37
Mall 7.19 6.77 7.64 14.68 11.84 14.16 15.80 17.86 19.25 12.62 13.04 13.35 14.16 42.86 5.78 6.13 5.38 4.98 4.39 5.76 5.04 4.97 4.36
Convention, retail and other 3.15 2.71 2.36 3.76 4.38 2.68 2.01 2.18 1.98 1.45 1.92 2.97 5.63 20.41 5.33 3.79 3.57 4.62 3.92 4.49 4.72 4.72 4.22
Net revenues 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Casino -39.46 -40.68 -41.23 -41.99 -40.80 -42.58 -49.63 -46.13 -52.63 -48.93 -48.33 -45.38 -53.41 -222.45 -39.67 -37.50 -38.15 -39.26 -39.47 -40.35 -39.86 -40.30 -38.31
Rooms -2.86 -2.79 -2.64 -4.30 -4.08 -3.92 -4.56 -3.97 -4.67 -3.58 -3.51 -5.93 -10.41 -51.02 -5.16 -3.19 -3.35 -3.39 -3.02 -3.11 -3.23 -3.36 -3.07
Food and beverage -4.58 -4.60 -4.91 -8.77 -8.26 -6.99 -6.89 -5.75 -6.42 -5.12 -5.94 -7.33 -13.99 -67.35 -7.80 -5.36 -4.98 -5.22 -4.88 -5.01 -4.72 -5.09 -4.81
Mall -0.82 -0.83 -0.99 -1.79 -1.59 -1.82 -1.91 -1.69 -1.98 -1.36 -1.25 -1.57 -2.22 -11.22 -0.95 -0.68 -0.58 -0.54 -0.47 -0.72 -0.56 -0.54 -0.47
Convention, retail and other -1.86 -1.97 -1.84 -2.69 -2.69 -2.30 -2.33 -2.28 -2.45 -1.62 -1.84 -2.79 -5.80 -27.55 -3.14 -2.19 -2.22 -2.25 -2.19 -2.39 -2.70 -2.36 -2.35
Cost of revenues -49.59% -50.87% -51.60% -59.53% -57.41% -57.61% -65.32% -59.82% -68.14% -60.61% -60.87% -63.00% -85.84% -379.59% -56.73% -48.93% -49.29% -50.66% -50.03% -51.57% -51.07% -51.65% -49.01%
Gross profit (loss) 50.41% 49.13% 48.40% 40.47% 42.59% 42.39% 34.68% 40.18% 31.86% 39.39% 39.13% 37.00% 14.16% -279.59% 43.27% 51.07% 50.71% 49.34% 49.97% 48.43% 48.93% 48.35% 50.99%
(Provision for) recovery of credit losses -0.11 -0.20 0.28 -0.09 -0.80 -0.19 -0.42 0.60 -0.35 -0.17 -0.33 -3.40 -4.27 -17.35 -1.01 -0.43 -0.12 -0.21 -0.11 -0.26 -0.15 -0.21 0.45
General and administrative -10.38 -10.98 -11.84 -21.67 -23.68 -22.78 -23.12 -16.27 -26.02 -18.67 -18.81 -21.73 -44.88 -267.35 -17.90 -11.20 -11.20 -11.28 -10.12 -11.63 -10.85 -11.14 -9.64
Corporate -1.75 -2.36 -2.69 -6.09 -5.27 -5.26 -6.26 -4.17 -7.47 -4.77 -4.10 -2.01 -5.63 -54.08 -3.31 -1.45 -1.82 -1.53 -4.17 -1.67 -1.63 -1.00 -1.56
Pre-opening -0.11 -0.31 -0.09 -0.18 -0.40 -0.29 -0.42 -0.40 -0.70 -0.34 -0.42 -0.44 -0.85 -4.08 -0.28 -0.31 -0.28 -0.30 -0.11 -0.03 -0.06 -0.06 -0.03
Development -1.57 -2.12 -1.98 -3.13 -2.59 -2.11 -6.36 -4.96 -1.52 -3.15 -0.75 0.00 -0.51 -9.18 -0.34 -0.31 -0.12 -0.12 -0.14 -0.09 -0.12 -0.06 -0.08
Depreciation and amortization -11.20 -11.33 -12.92 -22.92 -25.87 -24.50 -28.00 -26.39 -30.57 -21.99 -21.32 -25.57 -49.83 -290.82 -16.27 -8.29 -8.74 -8.67 -8.26 -8.32 -8.42 -8.30 -7.38
Amortization of leasehold interests in land -0.54 -0.55 -0.66 -1.16 -1.39 -1.34 -1.48 -1.39 -1.63 -1.19 -1.17 -1.22 -2.39 -13.27 -0.79 -0.40 -0.43 -0.42 -0.25 -0.26 -0.24 -0.27 -0.25
Loss on disposal or impairment of assets -0.14 -0.16 -0.66 -0.09 -0.20 0.00 -0.64 -0.89 -0.47 -0.94 -0.25 -1.05 -9.90 -5.10 -0.28 -2.05 -0.34 0.00 -0.19 -1.04 -0.12 -3.18 -0.14
Operating income (loss) 24.62% 21.13% 17.83% -14.86% -17.61% -14.07% -32.03% -13.69% -36.87% -11.85% -8.03% -18.41% -104.10% -940.82% 3.09% 26.62% 27.66% 26.81% 26.63% 25.15% 27.34% 24.13% 32.36%
Interest income 2.83 2.99 3.30 5.37 3.78 1.34 0.42 0.10 0.12 0.09 0.08 0.09 0.51 4.08 0.73 0.48 0.62 0.51 0.55 0.66 0.65 0.27 0.14
Interest expense, net of amounts capitalized -7.16 -8.26 -10.28 -17.99 -18.21 -15.50 -16.54 -15.08 -18.32 -13.47 -12.88 -13.09 -23.38 -120.41 -7.35 -3.82 -4.22 -4.29 -3.87 -3.97 -3.74 -2.82 -2.49
Other income (expense) 0.14 0.55 -1.65 1.79 0.20 -0.86 -2.33 -1.19 -1.40 0.85 -1.42 -0.70 -0.68 -3.06 2.08 0.88 -0.22 0.60 -0.58 -0.23 0.47 1.33 -0.73
Gain on sale of Sands Bethlehem 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 16.68 0.00 0.00 0.00 0.00 0.00
Loss on modification or early retirement of debt 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -15.99 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.74 0.00 0.00 -0.26 -1.54 0.00 -0.08
Income (loss) from continuing operations before income taxes 20.43% 16.40% 9.20% -25.69% -31.84% -29.09% -50.48% -29.86% -72.46% -24.38% -22.24% -32.11% -127.65% -1,060.20% -1.46% 24.17% 23.11% 40.31% 22.74% 21.35% 23.19% 22.92% 29.20%
Income tax (expense) benefit -4.36 -1.93 -2.36 1.61 -5.97 -10.53 -0.21 -1.39 3.15 0.51 -1.17 -0.70 2.90 55.10 -1.40 -1.85 -2.52 -7.08 -2.33 -22.50 -2.46 -2.45 15.95
Net income (loss) from continuing operations 16.06% 14.48% 6.84% -24.08% -37.81% -39.62% -50.69% -31.25% -69.31% -23.87% -23.41% -32.81% -124.74% -1,005.10% -2.86% 22.31% 20.58% 33.23% 20.41% -1.15% 20.73% 20.47% 45.15%
Income (loss) from operations of discontinued operations, net of tax 0.00 0.00 0.00 0.00 0.00 0.00 4.88 11.71 11.55 3.24 -5.18 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Gain on disposal of discontinued operations, net of tax 0.00 0.00 0.00 0.00 0.00 0.00 303.39 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Adjustment to gain on disposal of discontinued operations, net of tax 0.00 0.00 0.00 -0.45 -0.10 -0.29 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Income (loss) from discontinued operations, net of tax 0.00% 0.00% 0.00% -0.45% -0.10% -0.29% 308.27% 11.71% 11.55% 3.24% -5.18% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net income (loss) 16.06% 14.48% 6.84% -24.53% -37.91% -39.90% 257.58% -19.54% -57.76% -20.63% -28.60% -32.81% -124.74% -1,005.10% -2.86% 22.31% 20.58% 33.23% 20.41% -1.15% 20.73% 20.47% 45.15%
Net (income) loss attributable to noncontrolling interests from continuing operations -2.47 -2.20 0.09 9.40 14.13 12.15 10.71 7.34 14.82 4.26 5.35 6.72 28.33 168.37 2.81 -4.39 -4.18 -4.62 -4.44 -3.74 -3.80 -3.63 -4.47
Net income (loss) attributable to Las Vegas Sands Corp. 13.60% 12.27% 6.93% -15.13% -23.78% -27.75% 268.29% -12.20% -42.94% -16.37% -23.24% -26.09% -96.42% -836.73% -0.06% 17.93% 16.40% 28.61% 15.96% -4.89% 16.93% 16.83% 40.68%

Based on: 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

Income statement item Description The company
Operating income (loss) The net result for the period of deducting operating expenses from operating revenues. Las Vegas Sands Corp. operating income (loss) as a percentage of net revenues increased from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.
Income (loss) from continuing operations before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Las Vegas Sands Corp. income (loss) from continuing operations before income taxes as a percentage of net revenues increased from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.
Net income (loss) attributable to Las Vegas Sands Corp. The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Las Vegas Sands Corp. net income (loss) attributable to Las Vegas Sands Corp. as a percentage of net revenues increased from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.