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.

Analysis of Profitability Ratios
Quarterly Data

Microsoft Excel

Profitability Ratios (Summary)

Las Vegas Sands Corp., profitability ratios (quarterly data)

Microsoft Excel
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
Return on Sales
Gross profit margin 48.24% 46.51% 44.43% 40.15% 40.06% 37.58% 36.85% 37.98% 37.21% 35.04% 23.17% 27.80% 39.70% 45.57% 49.31% 50.27% 49.60% 49.18% 48.94% 49.20%
Operating profit margin 16.76% 8.43% -2.12% -19.27% -19.10% -23.44% -22.48% -16.27% -17.43% -25.75% -60.77% -46.73% -9.09% 11.18% 23.43% 26.92% 26.55% 26.48% 25.83% 27.32%
Net profit margin 7.81% 0.75% -10.42% 44.57% 46.94% 45.39% 46.40% -22.70% -26.01% -32.53% -64.84% -46.65% -12.67% 3.95% 17.81% 19.64% 13.86% 14.01% 11.16% 17.58%
Return on Investment
Return on equity (ROE) 14.72% 1.18% -13.58% 47.20% 48.15% 41.73% 40.78% -48.15% -54.09% -53.55% -73.40% -56.68% -23.66% 9.17% 47.12% 52.01% 35.44% 34.84% 27.86% 42.45%
Return on assets (ROA) 3.03% 0.23% -2.43% 8.31% 8.75% 7.93% 8.30% -4.79% -5.72% -6.55% -9.55% -8.10% -3.61% 1.57% 9.99% 11.63% 8.47% 8.57% 6.90% 10.70%

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).

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Las Vegas Sands Corp. gross profit margin ratio improved from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Las Vegas Sands Corp. operating profit margin ratio improved from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Las Vegas Sands Corp. net profit margin ratio improved from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Las Vegas Sands Corp. ROE improved from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.
ROA A profitability ratio calculated as net income divided by total assets. Las Vegas Sands Corp. ROA improved from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.

Gross Profit Margin

Las Vegas Sands Corp., gross profit margin calculation (quarterly data)

Microsoft Excel
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
Selected Financial Data (US$ in millions)
Gross profit (loss) 1,409 1,249 1,026 452 428 443 327 405 273 462 468 424 83 (274) 771 1,792 1,648 1,645 1,822 1,683 1,650 1,597 1,825
Net revenues 2,795 2,542 2,120 1,117 1,005 1,045 943 1,008 857 1,173 1,196 1,146 586 98 1,782 3,509 3,250 3,334 3,646 3,475 3,372 3,303 3,579
Profitability Ratio
Gross profit margin1 48.24% 46.51% 44.43% 40.15% 40.06% 37.58% 36.85% 37.98% 37.21% 35.04% 23.17% 27.80% 39.70% 45.57% 49.31% 50.27% 49.60% 49.18% 48.94% 49.20%
Benchmarks
Gross Profit Margin, Competitors2
Airbnb Inc. 82.67% 82.33% 82.04% 82.15% 81.95% 81.58% 80.89% 80.71%
Chipotle Mexican Grill Inc. 25.91% 25.67% 25.05% 23.88% 23.00% 22.49% 22.20% 22.62% 22.58% 21.58% 18.70% 17.40% 17.26% 17.51% 19.63% 20.45%
McDonald’s Corp. 57.24% 57.45% 57.53% 56.97% 56.13% 55.29% 54.54% 54.17% 53.71% 53.22% 51.37% 50.77% 51.02% 50.98% 52.42% 52.74%
Starbucks Corp. 26.52% 26.22% 25.78% 25.96% 26.87% 27.72% 28.59% 28.87% 27.85% 22.77% 20.94% 21.51% 22.34% 26.89% 28.35% 28.25% 28.74% 29.06% 29.27% 29.74%

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).

1 Q3 2023 Calculation
Gross profit margin = 100 × (Gross profit (loss)Q3 2023 + Gross profit (loss)Q2 2023 + Gross profit (loss)Q1 2023 + Gross profit (loss)Q4 2022) ÷ (Net revenuesQ3 2023 + Net revenuesQ2 2023 + Net revenuesQ1 2023 + Net revenuesQ4 2022)
= 100 × (1,409 + 1,249 + 1,026 + 452) ÷ (2,795 + 2,542 + 2,120 + 1,117) = 48.24%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Las Vegas Sands Corp. gross profit margin ratio improved from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.

Operating Profit Margin

Las Vegas Sands Corp., operating profit margin calculation (quarterly data)

Microsoft Excel
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
Selected Financial Data (US$ in millions)
Operating income (loss) 688 537 378 (166) (177) (147) (302) (138) (316) (139) (96) (211) (610) (922) 55 934 899 894 971 874 922 797 1,158
Net revenues 2,795 2,542 2,120 1,117 1,005 1,045 943 1,008 857 1,173 1,196 1,146 586 98 1,782 3,509 3,250 3,334 3,646 3,475 3,372 3,303 3,579
Profitability Ratio
Operating profit margin1 16.76% 8.43% -2.12% -19.27% -19.10% -23.44% -22.48% -16.27% -17.43% -25.75% -60.77% -46.73% -9.09% 11.18% 23.43% 26.92% 26.55% 26.48% 25.83% 27.32%
Benchmarks
Operating Profit Margin, Competitors2
Airbnb Inc. 23.42% 21.53% 20.69% 21.45% 20.46% 17.49% 13.17% 7.17%
Booking Holdings Inc. 31.85% 31.29% 29.59% 29.85% 28.74% 27.56% 23.83% 22.78% 16.22% -2.86% -11.21% -9.28% 7.80% 24.33% 30.86% 35.48%
Chipotle Mexican Grill Inc. 15.63% 15.42% 14.89% 13.44% 12.15% 11.36% 10.65% 10.67% 10.61% 9.22% 6.02% 4.85% 4.67% 4.98% 7.12% 7.95%
McDonald’s Corp. 45.68% 45.40% 40.96% 40.42% 39.48% 39.87% 43.71% 44.59% 44.84% 44.34% 40.33% 38.13% 38.84% 38.21% 41.61% 43.03%
Starbucks Corp. 15.31% 14.92% 14.26% 14.32% 15.33% 16.27% 16.92% 16.77% 14.56% 7.36% 5.42% 6.64% 8.67% 14.67% 15.88% 15.38% 15.16% 15.14% 14.96% 15.71%

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).

1 Q3 2023 Calculation
Operating profit margin = 100 × (Operating income (loss)Q3 2023 + Operating income (loss)Q2 2023 + Operating income (loss)Q1 2023 + Operating income (loss)Q4 2022) ÷ (Net revenuesQ3 2023 + Net revenuesQ2 2023 + Net revenuesQ1 2023 + Net revenuesQ4 2022)
= 100 × (688 + 537 + 378 + -166) ÷ (2,795 + 2,542 + 2,120 + 1,117) = 16.76%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Las Vegas Sands Corp. operating profit margin ratio improved from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.

Net Profit Margin

Las Vegas Sands Corp., net profit margin calculation (quarterly data)

Microsoft Excel
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
Selected Financial Data (US$ in millions)
Net income (loss) attributable to Las Vegas Sands Corp. 380 312 147 (169) (239) (290) 2,530 (123) (368) (192) (278) (299) (565) (820) (1) 629 533 954 582 (170) 571 556 1,456
Net revenues 2,795 2,542 2,120 1,117 1,005 1,045 943 1,008 857 1,173 1,196 1,146 586 98 1,782 3,509 3,250 3,334 3,646 3,475 3,372 3,303 3,579
Profitability Ratio
Net profit margin1 7.81% 0.75% -10.42% 44.57% 46.94% 45.39% 46.40% -22.70% -26.01% -32.53% -64.84% -46.65% -12.67% 3.95% 17.81% 19.64% 13.86% 14.01% 11.16% 17.58%
Benchmarks
Net Profit Margin, Competitors2
Airbnb Inc. 56.87% 25.31% 23.30% 22.54% 20.29% 16.91% 12.12% -5.88%
Booking Holdings Inc. 25.70% 23.04% 22.14% 17.89% 15.24% 10.54% 4.16% 10.63% 4.15% 5.77% 12.44% 0.87% 15.68% 22.52% 23.43% 32.29%
Chipotle Mexican Grill Inc. 12.27% 12.00% 11.49% 10.41% 9.61% 9.28% 8.74% 8.65% 9.88% 8.57% 6.44% 5.94% 4.08% 4.55% 5.95% 6.27%
McDonald’s Corp. 33.31% 33.06% 29.36% 26.65% 25.41% 25.77% 29.93% 32.49% 32.33% 31.72% 26.31% 24.63% 25.60% 24.78% 27.86% 28.59%
Starbucks Corp. 10.80% 10.46% 10.09% 10.18% 13.03% 14.07% 14.47% 14.45% 10.43% 4.18% 2.87% 3.95% 5.56% 12.71% 13.81% 13.58% 13.63% 11.86% 11.98% 18.28%

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).

1 Q3 2023 Calculation
Net profit margin = 100 × (Net income (loss) attributable to Las Vegas Sands Corp.Q3 2023 + Net income (loss) attributable to Las Vegas Sands Corp.Q2 2023 + Net income (loss) attributable to Las Vegas Sands Corp.Q1 2023 + Net income (loss) attributable to Las Vegas Sands Corp.Q4 2022) ÷ (Net revenuesQ3 2023 + Net revenuesQ2 2023 + Net revenuesQ1 2023 + Net revenuesQ4 2022)
= 100 × (380 + 312 + 147 + -169) ÷ (2,795 + 2,542 + 2,120 + 1,117) = 7.81%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Las Vegas Sands Corp. net profit margin ratio improved from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.

Return on Equity (ROE)

Las Vegas Sands Corp., ROE calculation (quarterly data)

Microsoft Excel
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
Selected Financial Data (US$ in millions)
Net income (loss) attributable to Las Vegas Sands Corp. 380 312 147 (169) (239) (290) 2,530 (123) (368) (192) (278) (299) (565) (820) (1) 629 533 954 582 (170) 571 556 1,456
Total Las Vegas Sands Corp. stockholders’ equity 4,553 4,330 4,056 3,881 3,900 4,191 4,529 1,996 2,102 2,491 2,673 2,973 3,199 3,720 4,489 5,187 5,359 5,560 5,525 5,684 6,862 7,158 7,363
Profitability Ratio
ROE1 14.72% 1.18% -13.58% 47.20% 48.15% 41.73% 40.78% -48.15% -54.09% -53.55% -73.40% -56.68% -23.66% 9.17% 47.12% 52.01% 35.44% 34.84% 27.86% 42.45%
Benchmarks
ROE, Competitors2
Airbnb Inc. 59.85% 45.46% 38.34% 34.05% 29.40% 23.80% 16.92% -7.37%
Booking Holdings Inc. 374.67% 109.92% 66.51% 38.58% 11.89% 18.86% 6.89% 8.63% 14.76% 1.21% 28.39% 63.62% 88.78% 82.00%
Chipotle Mexican Grill Inc. 40.55% 40.27% 41.60% 37.97% 34.75% 35.10% 32.06% 28.42% 30.74% 26.97% 19.38% 17.61% 13.14% 14.99% 20.24% 20.81%
McDonald’s Corp.
Starbucks Corp. 386.34%

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).

1 Q3 2023 Calculation
ROE = 100 × (Net income (loss) attributable to Las Vegas Sands Corp.Q3 2023 + Net income (loss) attributable to Las Vegas Sands Corp.Q2 2023 + Net income (loss) attributable to Las Vegas Sands Corp.Q1 2023 + Net income (loss) attributable to Las Vegas Sands Corp.Q4 2022) ÷ Total Las Vegas Sands Corp. stockholders’ equity
= 100 × (380 + 312 + 147 + -169) ÷ 4,553 = 14.72%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Las Vegas Sands Corp. ROE improved from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.

Return on Assets (ROA)

Las Vegas Sands Corp., ROA calculation (quarterly data)

Microsoft Excel
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
Selected Financial Data (US$ in millions)
Net income (loss) attributable to Las Vegas Sands Corp. 380 312 147 (169) (239) (290) 2,530 (123) (368) (192) (278) (299) (565) (820) (1) 629 533 954 582 (170) 571 556 1,456
Total assets 22,124 22,270 22,715 22,039 21,469 22,059 22,247 20,059 19,892 20,378 20,541 20,807 20,982 21,695 21,167 23,199 22,427 22,594 22,313 22,547 23,339 22,855 21,504
Profitability Ratio
ROA1 3.03% 0.23% -2.43% 8.31% 8.75% 7.93% 8.30% -4.79% -5.72% -6.55% -9.55% -8.10% -3.61% 1.57% 9.99% 11.63% 8.47% 8.57% 6.90% 10.70%
Benchmarks
ROA, Competitors2
Airbnb Inc. 25.47% 10.85% 10.13% 11.80% 10.13% 6.55% 4.70% -2.57%
Booking Holdings Inc. 20.68% 16.78% 15.96% 12.06% 11.06% 6.30% 2.32% 4.93% 1.64% 1.73% 2.97% 0.27% 6.30% 12.17% 19.04% 22.73%
Chipotle Mexican Grill Inc. 14.79% 14.75% 14.64% 12.98% 11.86% 11.55% 10.58% 9.81% 10.72% 9.28% 6.61% 5.95% 4.21% 4.76% 6.50% 6.86%
McDonald’s Corp. 16.00% 15.86% 13.22% 12.25% 12.19% 12.35% 13.98% 14.01% 13.81% 13.29% 10.10% 8.99% 9.72% 9.55% 11.48% 12.68%
Starbucks Corp. 13.17% 12.43% 11.75% 11.73% 14.80% 15.19% 15.24% 13.38% 9.59% 3.51% 2.22% 3.16% 4.59% 12.33% 13.43% 18.73% 17.00% 17.19% 15.16% 18.70%

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).

1 Q3 2023 Calculation
ROA = 100 × (Net income (loss) attributable to Las Vegas Sands Corp.Q3 2023 + Net income (loss) attributable to Las Vegas Sands Corp.Q2 2023 + Net income (loss) attributable to Las Vegas Sands Corp.Q1 2023 + Net income (loss) attributable to Las Vegas Sands Corp.Q4 2022) ÷ Total assets
= 100 × (380 + 312 + 147 + -169) ÷ 22,124 = 3.03%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROA A profitability ratio calculated as net income divided by total assets. Las Vegas Sands Corp. ROA improved from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.