Las Vegas Sands (LVS) Debt/Equity Ratio: History & Chart

Las Vegas Sands Corp.(LVS)

Gambling, Resorts & Casinos · Las Vegas, NV

$43.59-0.40 (-0.90%)

Delayed quote: Sep 9, 2026, 10:45 AM EDT

About Las Vegas Sands Corp.

Las Vegas Sands Corporation, in conjunction with its various subsidiaries, specializes in the development, ownership, and ongoing management of comprehensive integrated resort properties across both Asian and United States markets. The company maintains a significant portfolio of establishments in Macao, People's Republic of China, including The Venetian Macao Resort Hotel, the Londoner Macao, The Parisian Macao, The Plaza Macao (which encompasses the Four Seasons Hotel Macao, Cotai Strip), and the Sands Macao. Furthermore, its Asian operations extend to Singapore, where it presides over the iconic Marina Bay Sands. Domestically, Las Vegas Sands also operates key assets within Las Vegas, Nevada: The Venetian Resort Hotel Casino, prominently situated on the renowned Las Vegas Strip, and the Sands Expo and Convention Center. These expansive integrated resorts are meticulously designed to offer a full spectrum of guest experiences, boasting luxurious accommodations, extensive gaming facilities, diverse entertainment venues, high-end retail shopping complexes, state-of-the-art convention and exhibition spaces, gourmet restaurants helmed by celebrity chefs, and numerous other guest conveniences. Established in 1988, Las Vegas Sands Corp. maintains its corporate headquarters in Las Vegas, Nevada.

Las Vegas, NV

41,250 employees

www.sands.com

Consumer Cyclical / Gambling, Resorts & Casinos

Sector: Consumer Cyclical
Industry: Gambling, Resorts & Casinos
CEO: Patrick Sydney Dumont

View full financials

LVS Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

26.27

DEBT TO EQUITY RATIO AVG TTM

13.50

DEBT TO EQUITY RATIO AVG 3Y

6.04

DEBT TO EQUITY RATIO AVG 5Y

5.18

DEBT TO EQUITY RATIO AVG 10Y

3.41

DEBT TO EQUITY RATIO AVG 15Y

2.58

DEBT TO EQUITY RATIO AVG 20Y

2.49

CURRENT VS TTM AVG

+94.56%

CURRENT VS 3Y AVG

+335.19%

CURRENT VS 5Y AVG

+407.14%

CURRENT VS 10Y AVG

+671.23%

CURRENT VS 15Y AVG

+919.93%

CURRENT VS 20Y AVG

+953.94%

SECTOR MEDIAN · CONSUMER CYCLICAL

1.18

median of 81 covered companies

CURRENT VS SECTOR MEDIAN

+2126.14%

vs the sector median at left

NAME	MARKET CAP	DEBT TO EQUITY RATIO	TTM	3Y	5Y
Las Vegas Sands Corp. (LVS)	$28.23B	26.27	13.50	6.04	5.18
Williams-Sonoma, Inc. (WSM)vs ›	$26.91B	0.71	0.67	0.66	0.72
Restaurant Brands International Inc. (QSR)vs ›	$26.80B	4.07	4.98	5.21	5.65
Expedia Group, Inc. (EXPE)vs ›	$30.99B	4.70	4.69	4.13	4.04
Carnival Corporation & plc (CCL)vs ›	$31.30B	2.02	2.70	3.78	3.22
SharkNinja, Inc. (SN)vs ›	$24.46B	0.32	0.42	0.42	0.40
Darden Restaurants, Inc. (DRI)vs ›	$24.23B	2.74	2.74	2.62	2.45
Tapestry, Inc. (TPR)vs ›	$23.49B	5.71	5.13	3.68	2.87
Ulta Beauty, Inc. (ULTA)vs ›	$23.36B	0.95	0.78	0.80	0.91
PulteGroup, Inc. (PHM)vs ›	$23.17B	0.18	0.19	0.24	0.31

NAME

MARKET CAP

DEBT TO EQUITY RATIO

TTM

Las Vegas Sands Corp. (LVS)

$28.23B

26.27

13.50

6.04

5.18

Williams-Sonoma, Inc. (WSM)vs ›

$26.91B

0.71

0.67

0.66

0.72

Restaurant Brands International Inc. (QSR)vs ›

$26.80B

4.07

4.98

5.21

5.65

Expedia Group, Inc. (EXPE)vs ›

$30.99B

4.70

4.69

4.13

4.04

Carnival Corporation & plc (CCL)vs ›

$31.30B

2.02

2.70

3.78

3.22

SharkNinja, Inc. (SN)vs ›

$24.46B

0.32

0.42

0.40

Darden Restaurants, Inc. (DRI)vs ›

$24.23B

2.74

2.62

2.45

Tapestry, Inc. (TPR)vs ›

$23.49B

5.71

5.13

3.68

2.87

Ulta Beauty, Inc. (ULTA)vs ›

$23.36B

0.95

0.78

0.80

0.91

PulteGroup, Inc. (PHM)vs ›

$23.17B

0.18

0.19

0.24

0.31

Debt to Equity Ratio FAQ

What is the debt to equity ratio for Las Vegas Sands Corp. (LVS)?

The debt to equity ratio for LVS stock is 26.27.

Is Las Vegas Sands Corp.'s debt to equity ratio high or low?

The debt to equity ratio of 26.27 is 407% above its 5-year average of 5.18, near the high end of its 5-year range (3.16–26.27).

What is the TTM average debt to equity ratio for Las Vegas Sands Corp. (LVS)?

The TTM average debt to equity ratio for LVS stock is 13.50.

What is the 3Y average debt to equity ratio for Las Vegas Sands Corp. (LVS)?

The 3Y average debt to equity ratio for LVS stock is 6.04.

What is the 5Y average debt to equity ratio for Las Vegas Sands Corp. (LVS)?

The 5Y average debt to equity ratio for LVS stock is 5.18.

What is the 10Y average debt to equity ratio for Las Vegas Sands Corp. (LVS)?

The 10Y average debt to equity ratio for LVS stock is 3.41.

What is the 15Y average debt to equity ratio for Las Vegas Sands Corp. (LVS)?

The 15Y average debt to equity ratio for LVS stock is 2.58.

What is the 20Y average debt to equity ratio for Las Vegas Sands Corp. (LVS)?

The 20Y average debt to equity ratio for LVS stock is 2.49.

DATE	DEBT TO EQUITY RATIO
2026-06-30	26.27
2026-03-31	13.10
2025-12-31	10.15
2025-09-30	10.04
2025-06-30	7.95
2025-03-31	5.13
2024-12-31	4.77
2024-09-30	4.09
2024-06-30	3.66
2024-03-31	3.53
2023-12-31	3.41
2023-09-30	3.16
2023-06-30	3.45
2023-03-31	3.94
2022-12-31	4.12
2022-09-30	3.92
2022-06-30	3.67
2022-03-31	3.31
2021-12-31	7.41
2021-09-30	6.91
2021-06-30	5.80
2021-03-31	5.40
2020-12-31	4.71
2020-09-30	4.35
2020-06-30	3.72
2020-03-31	2.74
2019-12-31	2.41
2019-09-30	2.23
2019-06-30	2.16
2019-03-31	2.17
2018-12-31	2.11
2018-09-30	1.75
2018-06-30	1.58
2018-03-31	1.31
2017-12-31	1.49
2017-09-30	1.63
2017-06-30	1.71
2017-03-31	1.63
2016-12-31	1.55
2016-09-30	1.54
2016-06-30	1.60
2016-03-31	1.41
2015-12-31	1.37
2015-09-30	1.32
2015-06-30	1.39
2015-03-31	1.29
2014-12-31	1.39
2014-09-30	1.38
2014-06-30	1.43
2014-03-31	1.41
2013-12-31	1.27
2013-09-30	1.29
2013-06-30	1.27
2013-03-31	1.34
2012-12-31	1.45
2012-09-30	1.05
2012-06-30	1.06
2012-03-31	1.12
2011-12-31	1.28
2011-09-30	1.28
2011-06-30	1.36
2011-03-31	1.45
2010-12-31	1.52
2010-09-30	1.66
2010-06-30	1.78
2010-03-31	1.79
2009-12-31	1.88
2009-09-30	2.92
2009-06-30	2.61
2009-03-31	2.40
2008-12-31	2.37
2008-09-30	4.54
2008-06-30	3.87
2008-03-31	3.65
2007-12-31	3.35
2007-09-30	3.31
2007-06-30	3.20
2007-03-31	2.03
2006-12-31	2.00
2006-09-30	2.07
2006-06-30	1.71
2006-03-31	0.97
2005-12-31	1.01
2005-09-30	1.06
2005-06-30	0.98
2005-03-31	1.13
2004-12-31	1.36
2004-09-30	0.00
2004-06-30	0.00
2004-03-31	0.00

DATE

DEBT TO EQUITY RATIO

2026-06-30

26.27

2026-03-31

13.10

2025-12-31

10.15

2025-09-30

10.04

2025-06-30

7.95

2025-03-31

5.13

2024-12-31

4.77

2024-09-30

4.09

2024-06-30

3.66

2024-03-31

3.53

2023-12-31

3.41

2023-09-30

3.16

2023-06-30

3.45

2023-03-31

3.94

2022-12-31

4.12

2022-09-30

3.92

2022-06-30

3.67

2022-03-31

3.31

2021-12-31

7.41

2021-09-30

6.91

2021-06-30

5.80

2021-03-31

5.40

2020-12-31

4.71

2020-09-30

4.35

2020-06-30

3.72

2020-03-31

2.74

2019-12-31

2.41

2019-09-30

2.23

2019-06-30

2.16

2019-03-31

2.17

2018-12-31

2.11

2018-09-30

1.75

2018-06-30

1.58

2018-03-31

1.31

2017-12-31

1.49

2017-09-30

1.63

2017-06-30

1.71

2017-03-31

1.63

2016-12-31

1.55

2016-09-30

1.54

2016-06-30

1.60

2016-03-31

1.41

2015-12-31

1.37

2015-09-30

1.32

2015-06-30

1.39

2015-03-31

1.29

2014-12-31

1.39

2014-09-30

1.38

2014-06-30

1.43

2014-03-31

1.41

2013-12-31

1.27

2013-09-30

1.29

2013-06-30

1.27

2013-03-31

1.34

2012-12-31

1.45

2012-09-30

1.05

2012-06-30

1.06

2012-03-31

1.12

2011-12-31

1.28

2011-09-30

1.28

2011-06-30

1.36

2011-03-31

1.45

2010-12-31

1.52

2010-09-30

1.66

2010-06-30

1.78

2010-03-31

1.79

2009-12-31

1.88

2009-09-30

2.92

2009-06-30

2.61

2009-03-31

2.40

2008-12-31

2.37

2008-09-30

4.54

2008-06-30

3.87

2008-03-31

3.65

2007-12-31

3.35

2007-09-30

3.31

2007-06-30

3.20

2007-03-31

2.03

2006-12-31

2.00

2006-09-30

2.07

2006-06-30

1.71

2006-03-31

0.97

2005-12-31

1.01

2005-09-30

1.06

2005-06-30

0.98

2005-03-31

1.13

2004-12-31

1.36

2004-09-30

0.00

2004-06-30

0.00

2004-03-31

0.00

Debt to Equity Ratio: 26.27

LVS Debt to Equity Ratio

LVS Average Debt to Equity Ratio Chart

LVS Current vs Average Debt to Equity Ratio Chart

LVS Debt to Equity Ratio Metrics

LVS Competitors' Debt to Equity Ratio

Financial Health

Debt to Equity Ratio Formula & Definition

Debt to Equity Ratio FAQ

LVS Debt to Equity Ratio History

Related Metrics