# LAS VEGAS SANDS CORP. (LVS) · Edgar & Edgarette company card

> Las Vegas Sands (LVS) grew revenue 15.2% in FY2025 to $13.0 billion, operating margin 21.6% against a 15.8% median for hotels & motels, equity 7.3% of assets, and dividend per share up 2 years running. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1300514 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/LVS) · [JSON](https://www.pops4.com/boards/company/LVS.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $13.0B |
| Revenue growth, 1 year | 15.2% |
| Revenue growth per year | 32.4% |
| Operating margin | 21.6% (prior year 21.3%) |
| Net margin | 14.3% |
| Operating cash flow | $3.0B |
| Capital spending | $1.2B |
| Free cash flow | $1.9B |
| Cash | $3.8B |
| Long-term debt | $15.8B |
| Total assets | $21.9B |
| Total equity | $1.6B |
| Equity ÷ assets | 7.3% |
| Return on equity | 117.4% |
| Dividend per share | $1 |
| Dividend years rising | 2 |

## Readings, computed from those figures

- Altman Z: 1.78 (grey zone)
- Piotroski F: 7 of 9 (solid)
- Health Harbor boat: Sound ship · one warning sign · revenue is hard to predict: its 80% range is ±40%
- Cash Compass: Cash cow later · growing fast, and already turning revenue into cash

## Edgarette's reading

Exposure: revenue $13.0B (FY2025), total debt $15.8B. Experience: revenue up 15.2% on the year, up 32.4% a year over 4 years; operating margin 21.6%, up from 21.3%. Soundness: equity 7.3% of assets, return on equity 117.4%, payout 44.6% of profit, dividend per share up 2 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $10.6B and $24.8B next year (method v4.1: its own 4-year record of growth weighed at 50% against $10B+ filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $7.3B to $34.9B. A statistical range, not company guidance. Against peers (19 filers, $50M+ revenue, hotels & motels): operating margin 21.6% against a 15.8% median; growth 15.2% against 3.8%.

Range logged 2026-09-26, receipt 93ddf6fc71867457, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 2, latest 2026-03-05 ([filing](https://www.sec.gov/Archives/edgar/data/1300514/000130051426000021/0001300514-26-000021-index.htm))

## Recent filings

- 8-K · filed 2026-10-28 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1300514/000130051426000114/0001300514-26-000114-index.htm)
- 8-K · filed 2026-10-27 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1300514/000130051426000112/0001300514-26-000112-index.htm)
- 10-Q · filed 2026-10-23 · [filing](https://www.sec.gov/Archives/edgar/data/1300514/000130051426000103/0001300514-26-000103-index.htm)
- 8-K · filed 2026-10-21 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1300514/000130051426000099/0001300514-26-000099-index.htm)
- 10-Q · filed 2026-07-24 · [filing](https://www.sec.gov/Archives/edgar/data/1300514/000130051426000085/0001300514-26-000085-index.htm)
- 8-K · filed 2026-07-22 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1300514/000130051426000078/0001300514-26-000078-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001300514.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1300514

## Cite

POPS4, Edgar & Edgarette: LAS VEGAS SANDS CORP. (LVS) company card, from the company's own SEC filings, accessed 2026-11-02, https://www.pops4.com/boards/company/LVS. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.