Las Vegas Sands Corp. (LVS) Gross Margin: 49.59%
Is Las Vegas Sands Corp.’s gross margin high or low?
Las Vegas Sands Corp.'s gross margin of 49.59% is 17% above its 5-year average of 42.42%, near the high end of its 5-year range (27.93%–49.82%).
As of Thursday, June 11, 2026. 0.53% above its 12-month average of 49.33%.
LVS Gross Margin Chart
LVS Average Gross Margin Chart
LVS Current vs Average Gross Margin Chart
LVS Gross Margin Metrics
GROSS MARGIN
49.59%
GROSS MARGIN AVG TTM
49.33%
GROSS MARGIN AVG 3Y
47.16%
GROSS MARGIN AVG 5Y
42.42%
GROSS MARGIN AVG 10Y
45.54%
GROSS MARGIN AVG 15Y
45.62%
GROSS MARGIN AVG 20Y
44.87%
CURRENT VS TTM AVG
+0.53%
CURRENT VS 3Y AVG
+5.16%
CURRENT VS 5Y AVG
+16.89%
CURRENT VS 10Y AVG
+8.90%
CURRENT VS 15Y AVG
+8.71%
CURRENT VS 20Y AVG
+10.51%
LVS Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Las Vegas Sands Corp. (LVS) | $33.67B | 49.59% | 49.33% | 47.16% | 42.42% |
| Chipotle Mexican Grill, Inc. (CMG) | $39.53B | 36.13% | 26.02% | 25.53% | 23.69% |
| Yum! Brands, Inc. (YUM) | $42.00B | 45.67% | 46.83% | 47.85% | 47.84% |
| Ulta Beauty, Inc. (ULTA) | $20.45B | 39.33% | 38.97% | 39.16% | 37.89% |
| eBay Inc. (EBAY) | $47.65B | 72.01% | 71.72% | 72.02% | 73.74% |
| Rivian Automotive, Inc. (RIVN) | $19.18B | -1.72% | -10.73% | -63.90% | -183.51% |
| International Paper Company (IP) | $17.09B | 27.83% | 28.84% | 26.63% | 26.48% |
| Sea Limited (SE) | $50.70B | 44.27% | 43.75% | 43.45% | 40.63% |
| Best Buy Co., Inc. (BBY) | $15.91B | 22.50% | 22.54% | 22.39% | 22.22% |
| DraftKings Inc. (DKNG) | $14.70B | 41.79% | 39.68% | 37.64% | 38.81% |
Gross Margin Analysis
Gross Margin
49.6%
(Revenue - COGS) / Revenue
Las Vegas Sands Corp. Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Las Vegas Sands Corp. Gross Margin FAQ
- What is the gross margin for Las Vegas Sands Corp. (LVS)?
- The gross margin for LVS stock is 49.59%.
- Is Las Vegas Sands Corp.'s gross margin high or low?
- Las Vegas Sands Corp.'s gross margin of 49.59% is 17% above its 5-year average of 42.42%, near the high end of its 5-year range (27.93%–49.82%).
- What is the TTM average gross margin for Las Vegas Sands Corp. (LVS)?
- The TTM average gross margin for LVS stock is 49.33%.
- What is the 3Y average gross margin for Las Vegas Sands Corp. (LVS)?
- The 3Y average gross margin for LVS stock is 47.16%.
- What is the 5Y average gross margin for Las Vegas Sands Corp. (LVS)?
- The 5Y average gross margin for LVS stock is 42.42%.
- What is the 10Y average gross margin for Las Vegas Sands Corp. (LVS)?
- The 10Y average gross margin for LVS stock is 45.54%.
- What is the 15Y average gross margin for Las Vegas Sands Corp. (LVS)?
- The 15Y average gross margin for LVS stock is 45.62%.
- What is the 20Y average gross margin for Las Vegas Sands Corp. (LVS)?
- The 20Y average gross margin for LVS stock is 44.87%.
Las Vegas Sands Corp. Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2025-12-31 | 49.79% |
| 2024-12-31 | 48.87% |
| 2023-12-31 | 49.82% |
| 2022-12-31 | 40.15% |
| 2021-12-31 | 37.98% |
| 2020-12-31 | 27.93% |
| 2019-12-31 | 49.71% |
| 2018-12-31 | 49.20% |
| 2017-12-31 | 50.27% |
| 2016-12-31 | 49.55% |
| 2015-12-31 | 47.66% |
| 2014-12-31 | 46.89% |
| 2013-12-31 | 45.41% |
| 2012-12-31 | 45.47% |
| 2011-12-31 | 47.69% |
| 2010-12-31 | 43.45% |
| 2009-12-31 | 36.95% |
| 2008-12-31 | 36.93% |
| 2007-12-31 | 40.83% |
| 2006-12-31 | 47.96% |
| 2005-12-31 | 49.83% |
| 2004-12-31 | 54.75% |
| 2003-12-31 | 0.00% |
| 2002-12-31 | 0.00% |
| 2001-12-31 | 0.00% |
| 2000-12-31 | 0.00% |
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