AppLovin Corporation (APP) vs Las Vegas Sands Corp. (LVS)
A side-by-side comparison of AppLovin Corporation and Las Vegas Sands Corp. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.
Different business models: APP is classified in Technology; LVS is classified in Consumer Cyclical. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
APP
AppLovin Corporation
$418.22TechnologyDelayed quote: Jul 28, 2026, 4:00 PM EDT
LVS
Las Vegas Sands Corp.
$48.25Consumer CyclicalDelayed quote: Jul 28, 2026, 4:00 PM EDT
Total return — APP vs LVS
growth of $100 · dividends reinvested · last 5yAPP +533.0%LVS -17.5%APP compounded faster
Log scale — wide-divergence pair
APP LVS
APP vs LVS: by the numbers
- •APP is the larger company ($140.50B vs $31.97B market cap).
- •LVS trades at the lower trailing earnings multiple (18.58 vs 35.46 P/E), one valuation lens rather than an overall verdict.
- •APP converts more revenue to profit (64.29% vs 15.63% net margin).
- •LVS grew revenue faster over the past five years (28.21% vs 27.99% CAGR).
- •LVS pays a dividend (2.30% yield), while APP has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | APP | LVS |
|---|---|---|
| P/E ratio | 35.46 | 18.58 |
| Forward P/E | 25.66 | 15.19 |
| P/S ratio | 22.68 | 2.31 |
| P/B ratio | 59.15 | 26.71 |
| PEG ratio | 0.62 | 1.44 |
| EV / EBITDA | 28.68 | 8.71 |
| FCF yield | 3.15% | 7.24% |
Profitability
| Metric | APP | LVS |
|---|---|---|
| Gross margin | 88.37% | 49.79% |
| Operating margin | 77.09% | 23.26% |
| Net margin | 64.29% | 15.63% |
| ROE | 167.67% | 178.67% |
| ROIC | 60.71% | 13.82% |
Dividends
| Metric | APP | LVS |
|---|---|---|
| Dividend yield | N/A | 2.30% |
| Payout ratio | N/A | 46.81% |
Growth (annualized)
| Metric | APP | LVS |
|---|---|---|
| Revenue CAGR (5Y) | 27.99% | 28.21% |
| EPS CAGR (5Y) | 73.54% | N/A |
| FCF CAGR (5Y) | 79.57% | 27.95% |
| Total return CAGR (5Y) | 45.80% | 3.00% |
Frequently asked
- Which has the lower trailing P/E, APP or LVS?
- LVS has the lower trailing P/E: APP trades at 35.46 and LVS at 18.58. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, APP or LVS?
- Over the past five years, LVS grew revenue faster — APP at a 27.99% CAGR versus LVS at 28.21%.
- Does APP or LVS pay a bigger dividend?
- LVS pays a dividend (2.30% yield), while APP has no payments in the available dividend history.
- Is APP or LVS more profitable?
- APP runs the higher net margin — APP at 64.29% versus LVS at 15.63%.
- How have APP and LVS total returns compared?
- Over the past 5 years, APP delivered 45.80% and LVS delivered 1.96% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
AppLovin P/E ratioLas Vegas Sands P/E ratioAppLovin dividend yieldLas Vegas Sands dividend yieldAppLovin ROELas Vegas Sands ROEAppLovin operating marginLas Vegas Sands operating marginAppLovin revenue growthLas Vegas Sands revenue growthAppLovin free cash flowLas Vegas Sands free cash flow
AppLovin & Las Vegas Sands appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 28, 2026.