Stock Analysis on Net

Las Vegas Sands Corp. (NYSE:LVS)

$22.49

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

Enterprise Value (EV)

Microsoft Excel

Paying user area

The data is hidden behind: . Unhide it.

This is a one-time payment. There is no automatic renewal.


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Current Enterprise Value (EV)

Las Vegas Sands Corp., current enterprise value calculation

Microsoft Excel
Current share price (P)
No. shares of common stock outstanding
US$ in millions
Common equity (market value)1
Add: Preferred stock, $0.001 par value, zero shares issued and outstanding (per books)
Add: Noncontrolling interests (per books)
Total equity
Add: Current maturities of long-term debt (per books)
Add: Long-term debt, excluding current maturities (per books)
Total equity and debt
Less: Cash and cash equivalents
Less: Restricted cash and cash equivalents
Enterprise value (EV)

Based on: 10-K (reporting date: 2022-12-31).

1 Common equity (market value) = Share price × No. shares of common stock outstanding
= ×


Historical Enterprise Value (EV)

Las Vegas Sands Corp., EV calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Share price1, 2
No. shares of common stock outstanding1
US$ in millions
Common equity (market value)3
Add: Preferred stock, $0.001 par value, zero shares issued and outstanding (book value)
Add: Noncontrolling interests (book value)
Total equity
Add: Current maturities of long-term debt (book value)
Add: Long-term debt, excluding current maturities (book value)
Total equity and debt
Less: Cash and cash equivalents
Less: Restricted cash and cash equivalents
Enterprise value (EV)

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 Data adjusted for splits and stock dividends.

2 Closing price as at the filing date of Las Vegas Sands Corp. Annual Report.

3 2022 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= ×


Common equity (market value)
The common equity market value increased from 2018 to 2019, rising from 47,751 million US dollars to 51,014 million US dollars. However, it experienced a notable decline in 2020 and 2021, reaching its lowest point at 33,768 million US dollars in 2021. In 2022, there was a recovery, with the value increasing to 44,389 million US dollars, though it remained below the 2019 peak.
Total equity
Total equity followed a similar trend to common equity, increasing from 48,812 million US dollars in 2018 to 52,334 million US dollars in 2019. It then sharply declined to 43,012 million in 2020 and further to 34,020 million in 2021. This was followed by a significant rebound to 44,164 million US dollars in 2022, nearing the 2020 level but still below the pre-2020 values.
Total equity and debt
The combined total of equity and debt showed a growth from 60,797 million US dollars in 2018 to 64,826 million US dollars in 2019. This was succeeded by a decline over the next two years, falling to 57,019 million in 2020 and then to 48,815 million in 2021. In 2022, this figure rose again to 60,142 million US dollars, almost returning to 2018 levels.
Enterprise value (EV)
Enterprise value increased from 56,136 million US dollars in 2018 to a peak of 60,584 million in 2019. It then declined consecutively in the following years to 54,882 million in 2020 and 46,945 million in 2021. The EV showed some recovery in 2022, climbing back to 53,831 million US dollars, although it did not reach the higher values seen in 2018 and 2019.