Las Vegas Sands Corp. (LVS) Operating Margin: 24.64%
Is Las Vegas Sands Corp.’s operating margin high or low?
Las Vegas Sands Corp.'s operating margin of 24.64% is 1148% above its 5-year average of -2.35%, near the high end of its 5-year range (-47.38%–24.64%).
As of Thursday, June 11, 2026. 8.17% above its 12-month average of 22.78%.
LVS Operating Margin Chart
LVS Average Operating Margin Chart
LVS Current vs Average Operating Margin Chart
LVS Operating Margin Metrics
OPERATING MARGIN
24.64%
OPERATING MARGIN AVG TTM
22.78%
OPERATING MARGIN AVG 3Y
12.38%
OPERATING MARGIN AVG 5Y
-2.35%
OPERATING MARGIN AVG 10Y
10.43%
OPERATING MARGIN AVG 15Y
14.43%
OPERATING MARGIN AVG 20Y
14.24%
CURRENT VS TTM AVG
+8.17%
CURRENT VS 3Y AVG
+98.95%
CURRENT VS 5Y AVG
+1147.77%
CURRENT VS 10Y AVG
+136.32%
CURRENT VS 15Y AVG
+70.70%
CURRENT VS 20Y AVG
+73.05%
LVS Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Las Vegas Sands Corp. (LVS) | $33.67B | 24.64% | 22.78% | 12.38% | -2.35% |
| Chipotle Mexican Grill, Inc. (CMG) | $39.53B | 15.79% | 16.91% | 15.76% | 13.09% |
| Yum! Brands, Inc. (YUM) | $42.00B | 31.47% | 31.31% | 31.84% | 31.07% |
| Ulta Beauty, Inc. (ULTA) | $20.26B | 12.54% | 13.24% | 14.42% | 12.88% |
| eBay Inc. (EBAY) | $47.65B | 19.58% | 21.52% | 21.56% | 23.99% |
| Rivian Automotive, Inc. (RIVN) | $18.55B | -68.94% | -80.45% | -175.96% | -1396.10% |
| International Paper Company (IP) | $16.87B | -10.46% | -4.38% | 1.45% | 3.56% |
| Sea Limited (SE) | $50.49B | 8.20% | 6.04% | 0.46% | -7.31% |
| Best Buy Co., Inc. (BBY) | $15.91B | 3.40% | 3.73% | 3.70% | 4.15% |
| DraftKings Inc. (DKNG) | $14.28B | 0.58% | -6.51% | -25.51% | -59.96% |
Operating Efficiency
Gross Margin
49.6%
Operating Margin
24.6%
Las Vegas Sands Corp. Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Las Vegas Sands Corp. Operating Margin FAQ
- What is the operating margin for Las Vegas Sands Corp. (LVS)?
- The operating margin for LVS stock is 24.64%.
- Is Las Vegas Sands Corp.'s operating margin high or low?
- Las Vegas Sands Corp.'s operating margin of 24.64% is 1148% above its 5-year average of -2.35%, near the high end of its 5-year range (-47.38%–24.64%).
- What is the TTM average operating margin for Las Vegas Sands Corp. (LVS)?
- The TTM average operating margin for LVS stock is 22.78%.
- What is the 3Y average operating margin for Las Vegas Sands Corp. (LVS)?
- The 3Y average operating margin for LVS stock is 12.38%.
- What is the 5Y average operating margin for Las Vegas Sands Corp. (LVS)?
- The 5Y average operating margin for LVS stock is -2.35%.
- What is the 10Y average operating margin for Las Vegas Sands Corp. (LVS)?
- The 10Y average operating margin for LVS stock is 10.43%.
- What is the 15Y average operating margin for Las Vegas Sands Corp. (LVS)?
- The 15Y average operating margin for LVS stock is 14.43%.
- What is the 20Y average operating margin for Las Vegas Sands Corp. (LVS)?
- The 20Y average operating margin for LVS stock is 14.24%.
Las Vegas Sands Corp. Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2025-12-31 | 23.73% |
| 2024-12-31 | 21.83% |
| 2023-12-31 | 22.71% |
| 2022-12-31 | -18.73% |
| 2021-12-31 | -16.27% |
| 2020-12-31 | -47.38% |
| 2019-12-31 | 27.75% |
| 2018-12-31 | 27.32% |
| 2017-12-31 | 27.22% |
| 2016-12-31 | 22.20% |
| 2015-12-31 | 24.31% |
| 2014-12-31 | 28.11% |
| 2013-12-31 | 24.75% |
| 2012-12-31 | 20.77% |
| 2011-12-31 | 25.40% |
| 2010-12-31 | 17.23% |
| 2009-12-31 | -0.63% |
| 2008-12-31 | 3.73% |
| 2007-12-31 | 11.18% |
| 2006-12-31 | 25.67% |
| 2005-12-31 | 28.11% |
| 2004-12-31 | 51.67% |
| 2003-12-31 | 26.91% |
| 2002-12-31 | 25.66% |
| 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