Las Vegas Sands Corp. Ratios | P/E, ROE & Valuation

On the Key Ratios page for Las Vegas Sands Corp. (LVS), the latest P/E of 17.9 frames valuation, while ROE 109.59% and ROIC 9.54% indicates profitability and capital efficiency. Together with the current ratio of 1.00 and debt-to-equity 26.27, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

LVS Historical Per Share Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Revenue per Share$20.75$15.37$13.59$5.38$5.54$3.85$15.73$17.47$16.07$14.18
Net Income per Share$2.05$1.97$1.60$-1.34$-1.26$-2.21$3.50$3.07$3.55$2.10
Operating Cash Flow per Share$5.65$4.36$4.23$-1.04$0.02$-1.72$3.94$5.98$5.74$5.09
Free Cash Flow per Share$4.20$2.21$2.58$-2.06$-1.08$-3.32$2.55$4.77$4.68$3.27
Cash per Share$5.30$4.97$6.69$8.26$2.43$2.73$5.48$5.91$3.05$2.68
Book Value per Share$1.36$4.30$5.38$4.79$2.94$4.63$8.44$8.58$9.63$9.43
Tangible Book Value per Share$0.56$3.56$4.60$4.70$2.92$4.60$8.39$8.49$9.52$9.30
Interest Debt per Share$24.23$19.70$19.46$21.83$20.18$19.01$16.78$15.82$12.58$12.42
CAPEX per Share$1.44$2.15$1.65$1.02$1.10$1.61$1.39$1.21$1.06$1.82

LVS Historical Valuation Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Price to Earnings (P/E)17.8626.1130.75-36.01-29.92-27.0219.7316.9519.625.41
Price to Book (P/B)52.4213.099.129.4614.4115.3210.267.28.496.87
Price to Sales (P/S)2.233.343.628.946.7915.494.392.984.323.77
Enterprise Value to EBITDA11.2811.6411.85132.17221.8-161.3911.159.8613.6813.71
EV to Sales3.084.244.4811.299.8519.545.073.514.894.43
EV to Operating Cash Flow11.3314.9314.4-58.362779.86-43.7920.2410.2613.712.34
EV to Free Cash Flow15.2329.4723.59-29.46-50.6-22.6331.2612.8616.819.2
Enterprise Value$42.30B$47.85B$46.47B$46.39B$41.70B$57.46B$61.50B$48.25B$62.26B$49.91B

LVS Historical Profitability Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Return on Equity (ROE)109.59%50.14%29.65%-26.28%-48.15%-56.68%52.01%42.45%43.29%27.04%
Return on Invested Capital (ROIC)9.54%12.23%9.86%-4.24%-3.65%-7.29%16.59%17.78%20.70%13.55%
Return on Tangible Assets6.99%7.19%5.76%-4.64%-4.80%-8.11%11.65%10.74%13.63%8.20%
Earnings Yield4.45%3.83%3.25%-2.78%-3.34%-3.70%5.07%5.90%5.10%3.93%
Free Cash Flow Yield9.10%4.30%5.25%-4.29%-2.87%-5.58%3.70%9.17%6.73%6.12%
Dividend Yield2.39%1.56%0.81%0.00%0.00%1.32%4.45%5.75%4.20%6.89%

LVS Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202420232022202120202019201820172016
Current Ratio10.741.311.732.152.031.651.761.081.1
Interest Coverage3.223.392.88-1.1-1.04-2.498.518.7610.689.86
Income Quality1.911.832.260.52-0.010.690.961.591.392
Debt to Equity26.274.773.414.127.414.712.412.111.491.55
Debt to Assets76.66%66.54%64.42%72.50%73.76%67.30%53.85%53.16%46.60%46.88%
Net Debt to EBITDA3.142.462.2827.5468.84-33.491.51.51.592.05

LVS Historical Efficiency Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Receivables Turnover22.0627.0921.4315.3920.9611.6714.3718.9120.714.52
Payables Turnover55.9943.5738.7539.2847.6235.0153.6745.4243.8654.28
Inventory Turnover182.57174.27170.29124.86166.68141.64216.14231202.7151.04
Days Sales Outstanding16.5513.4717.0323.7117.4131.2925.419.317.6425.13
Days Payables Outstanding6.528.389.429.297.6610.436.88.048.326.72
Days of Inventory on Hand22.092.142.922.192.581.691.581.82.42

LVS Historical Market Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Enterprise Value to EBITDA11.2811.6411.85132.17221.8-161.3911.159.8613.6813.71
Market Cap$30.53B$37.75B$37.55B$36.73B$28.76B$45.53B$53.23B$40.91B$55.04B$42.44B
Enterprise Value$42.30B$47.85B$46.47B$46.39B$41.70B$57.46B$61.50B$48.25B$62.26B$49.91B
Dividend Yield2.39%1.56%0.81%0.00%0.00%1.32%4.45%5.75%4.20%6.89%
Payout Ratio69.28%40.80%24.98%0.00%0.00%-35.79%87.73%97.47%82.30%175.09%

Frequently Asked Questions

Is Las Vegas Sands Corp. stock overvalued based on its P/E ratio?

On this page, LVS's current P/E is 17.9, compared with a multi-year average around 22.3. A lower P/E versus its own history is often interpreted as relatively cheaper valuation (all else equal). In practice, the "why" matters: check whether the lower multiple is supported by profitability and earnings quality (for example, ROE/ROIC and income quality in the table), or whether it reflects weaker fundamentals.

What is Las Vegas Sands Corp. market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $30.53B. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

What is a good P/E ratio for Las Vegas Sands Corp. compared to its industry?

There isn't one universal "good" P/E - P/E should be judged against the business model and expected growth for its sector. A practical approach is: (1) compare the P/E on this page to Las Vegas Sands Corp.'s own historical range (shown across the table's rows), and (2) benchmark against peer companies using the Screener's P/E filters and the Peers Comparison/Compare tools. If profitability (ROE/ROIC) and cash-flow strength are improving, a higher P/E can be more defensible; if returns are slipping, even a lower P/E may be a value trap.

How does Las Vegas Sands Corp. compare to its competitors in key financial ratios?

The fastest way to compare Las Vegas Sands Corp. with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see Las Vegas Sands Corp. outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

Is Las Vegas Sands Corp. financially strong based on its ratios?

To assess whether Las Vegas Sands Corp. is financially strong, review both profitability and balance-sheet risk together. Current ratio is about 1.00, which is above 1.0 and can indicate more comfortable short-term liquidity. Interest coverage is about 3.22, implying a stronger ability to cover interest expenses. Debt-to-equity is about 26.27, suggesting higher leverage than a low-debt profile. Then confirm the same story is supported by ROE/ROIC (quality of earnings) and by cash-flow backed metrics in the table.

What do Las Vegas Sands Corp.'s financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If Las Vegas Sands Corp. is sustaining strong returns (for example ROE at 109.59% and ROIC at 9.54%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.