Las Vegas Sands Corp. (LVS) EBITDA Margin: 34.56%
Is Las Vegas Sands Corp.’s EBITDA margin high or low?
Las Vegas Sands Corp.'s EBITDA margin of 34.56% is 83% above its 5-year average of 18.84%, near the high end of its 5-year range (-10.24%–37.21%).
The EBITDA margin for Las Vegas Sands Corp. (LVS) is 34.56% as of Thursday, June 11, 2026. It is below its 12-month average by 1.89% (35.23%).
LVS EBITDA Margin Chart
LVS Average EBITDA Margin Chart
LVS Current vs Average EBITDA Margin Chart
LVS EBITDA Margin Metrics
EBITDA MARGIN
34.56%
EBITDA MARGIN AVG TTM
35.23%
EBITDA MARGIN AVG 3Y
29.39%
EBITDA MARGIN AVG 5Y
18.84%
EBITDA MARGIN AVG 10Y
26.68%
EBITDA MARGIN AVG 15Y
28.28%
EBITDA MARGIN AVG 20Y
26.92%
CURRENT VS TTM AVG
-1.89%
CURRENT VS 3Y AVG
+17.61%
CURRENT VS 5Y AVG
+83.41%
CURRENT VS 10Y AVG
+29.55%
CURRENT VS 15Y AVG
+22.21%
CURRENT VS 20Y AVG
+28.36%
LVS Competitors' EBITDA Margin
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Las Vegas Sands Corp. (LVS) | $33.67B | 34.56% | 35.23% | 29.39% | 18.84% |
| Chipotle Mexican Grill, Inc. (CMG) | $39.13B | 19.91% | 20.21% | 19.39% | 16.96% |
| Yum! Brands, Inc. (YUM) | $41.77B | 33.88% | 33.92% | 34.27% | 33.91% |
| Ulta Beauty, Inc. (ULTA) | $20.46B | 14.92% | 15.64% | 16.76% | 15.64% |
| eBay Inc. (EBAY) | $48.06B | 25.68% | 26.75% | 21.83% | 24.35% |
| Rivian Automotive, Inc. (RIVN) | $18.55B | -47.56% | -57.91% | -143.41% | -1737.28% |
| International Paper Company (IP) | $16.87B | -0.55% | 4.78% | 8.88% | 10.15% |
| Sea Limited (SE) | $50.49B | 8.13% | 7.19% | 3.68% | -4.00% |
| Best Buy Co., Inc. (BBY) | $15.99B | 5.47% | 5.40% | 5.59% | 6.05% |
| DraftKings Inc. (DKNG) | $14.28B | 4.29% | -1.21% | -18.79% | -51.23% |
Margin Comparison
Gross Margin
49.6%
EBITDA Margin
34.6%
Operating Margin
24.6%
Net Margin
13.4%
Formula: EBITDA Margin = (EBITDA / Revenue) × 100
Why EBITDA Margin matters:
- Removes effects of depreciation policies (D&A)
- Capital structure neutral (ignores interest)
- Tax neutral (ignores tax differences)
- Good proxy for operating cash generation
Las Vegas Sands Corp. EBITDA Margin Formula & Definition
EBITDA Margin = EBITDA / Revenue
EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Las Vegas Sands Corp. EBITDA Margin FAQ
- What is the EBITDA margin for Las Vegas Sands Corp. (LVS)?
- The EBITDA margin for LVS stock is 34.56%.
- Is Las Vegas Sands Corp.'s EBITDA margin high or low?
- Las Vegas Sands Corp.'s EBITDA margin of 34.56% is 83% above its 5-year average of 18.84%, near the high end of its 5-year range (-10.24%–37.21%).
- What is the TTM average EBITDA margin for Las Vegas Sands Corp. (LVS)?
- The TTM average EBITDA margin for LVS stock is 35.23%.
- What is the 3Y average EBITDA margin for Las Vegas Sands Corp. (LVS)?
- The 3Y average EBITDA margin for LVS stock is 29.39%.
- What is the 5Y average EBITDA margin for Las Vegas Sands Corp. (LVS)?
- The 5Y average EBITDA margin for LVS stock is 18.84%.
- What is the 10Y average EBITDA margin for Las Vegas Sands Corp. (LVS)?
- The 10Y average EBITDA margin for LVS stock is 26.68%.
- What is the 15Y average EBITDA margin for Las Vegas Sands Corp. (LVS)?
- The 15Y average EBITDA margin for LVS stock is 28.28%.
- What is the 20Y average EBITDA margin for Las Vegas Sands Corp. (LVS)?
- The 20Y average EBITDA margin for LVS stock is 26.92%.
Las Vegas Sands Corp. EBITDA Margin History
| DATE | EBITDA MARGIN |
|---|---|
| 2025-12-31 | 34.56% |
| 2024-12-31 | 35.89% |
| 2023-12-31 | 37.21% |
| 2022-12-31 | 9.88% |
| 2021-12-31 | 5.76% |
| 2020-12-31 | -10.24% |
| 2019-12-31 | 42.22% |
| 2018-12-31 | 35.82% |
| 2017-12-31 | 36.05% |
| 2016-12-31 | 32.71% |
| 2015-12-31 | 33.58% |
| 2014-12-31 | 35.51% |
| 2013-12-31 | 32.41% |
| 2012-12-31 | 29.23% |
| 2011-12-31 | 34.17% |
| 2010-12-31 | 27.71% |
| 2009-12-31 | 11.73% |
| 2008-12-31 | 16.56% |
| 2007-12-31 | 19.75% |
| 2006-12-31 | 31.03% |
| 2005-12-31 | 33.85% |
| 2004-12-31 | 58.04% |
| 2003-12-31 | 34.69% |
| 2002-12-31 | 33.14% |
| 2001-12-31 | 22.18% |
| 2000-12-31 | 23.54% |
Related Metrics
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.
- Sector
- Consumer Cyclical
- Industry
- Gambling, Resorts & Casinos
- CEO
- Patrick Dumont