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Screener / SEC EDGAR /CIK 0001300514 /10-K filed Feb 6, 2026, compared with Feb 7, 2025 /Numbers from the XBRL of the 10-Ks
Consumer discretionary peers:
ULTACMGABNBDRIHLTLVS
NYSE Consumer discretionary · Hotels

Las Vegas Sands LVS

LVS quote by TradingView
Employees
41,500
Headquarters
Las Vegas, NV
Next results
around Jan 27, 2027
Compare with peers Embed

LVS among Consumer discretionary peers

Six ratios from the latest 10-K. Each corner is the share of 46 peers the company is above, not a score.

Compare
Revenue growth: 15.2%, above 96% of 46 peers (their median 5.2%) REVENUE GROWTH 15.2% · above 96% Operating margin: 20.9%, above 74% of 39 peers (their median 15.8%) OPERATING MARGIN 20.9% · above 74% Net margin: 11.8%, above 59% of 46 peers (their median 10.8%) NET MARGIN 11.8% · above 59% FCF margin: 17.7%, above 80% of 44 peers (their median 9.2%) FCF MARGIN 17.7% · above 80%
LVS Peer median Below the median

What changed

1 new risk paragraph and 2 accounting facts worth reading about. 10-K filed Feb 6, 2026 against Feb 7, 2025.

Risk factors
1 new paragraph, nothing like it in the previous 10-K
10-K Item 1A
Receivables growing faster than revenue
Receivables +77.9% vs revenue +15.2% (+62.7 pts)
10-K · XBRL
Critical audit matters changed
New this year: Table of Conte n ts (“Auditing the provision of expected credit losses on casino receivables involved a high degree of auditor’s subjectivity and an increased extent of effort related to the collectability of the casino patron accounts receivable, especially as it relates to management’s judgments in evaluating the quali”)
10-K · XBRL
Accounting checks
9 other checks clear, 2 worth a look
10-K · XBRL
Insiders
No open-market buys in the last 90 days
Form 4
Filings
6 in the last 30 days
EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

11 checks on the latest 10-K. Checks, not verdicts.

How it works

2facts worth reading about the other 9 checks found nothing to note

  • Receivables growing faster than revenue
    Receivables +77.9% vs revenue +15.2% (+62.7 pts)
  • Critical audit matters changed
    New this year: Table of Conte n ts (“Auditing the provision of expected credit losses on casino receivables involved a high degree of auditor’s subjectivity and an increased extent of effort related to the collectability of the casino patron accounts receivable, especially as it relates to management’s judgments in evaluating the quali”)
  • Cash from operations $3.0B vs net income $1.6B (FY ending Dec 31, 2025)
8 more checks with nothing to note
  • Inventory +12.2% vs revenue +15.2% (-3.0 pts)
  • Same auditor in both 10-Ks: Deloitte & Touche LLP
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

1 paragraph in Risk Factors that was not in the 10-K filed Feb 7, 2025. Quoted as filed.

  1. Item 1A · new paragraph · not in the 10-K filed Feb 7, 2025 10-K, ITEM 1A
    Korea and Vietnam. In addition, certain countries, such as Japan, have legalized casino gaming, while others, such as Thailand, may in the future legalize casino gaming.

New risk paragraphs, against peers

Latest 10-K of each, Consumer discretionary companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2022FY2023FY2024FY2025
Revenue$4.1B$10.4B$11.3B$13.0B
Net income$1.8B$1.2B$1.4B$1.6B
Operating cash flow−$944.0M$3.2B$3.2B$3.0B
Free cash flow−$1.6B$2.2B$1.6B$1.9B

Revenue, FY2016 to FY2025

Ten fiscal years, each from its own 10-K · XBRL · USD

$13.0B ▲ 15.2% in FY2025

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Every number, year by year

Recent filings

6 filings in the last 30 days · SEC EDGAR

All filings
1 more

About the company

Las Vegas Sands, Las Vegas, NV · from the 10-K filed Feb 6, 2026

Las Vegas Sands Corp. (“LVSC,” or together with its subsidiaries “we” or the “Company”) is a Fortune 500 company and the leading global developer and operator of destination properties (“Integrated Resorts”) that feature premium accommodations, world-class gaming, entertainment and retail malls, convention and exhibition facilities, celebrity chef restaurants and other amenities. We currently own and operate Integrated Resorts in Macao and Singapore.

Headquarters
Las Vegas, NV
Country
United States
Reports in
USD
Listed on
NYSE
Fiscal year ends
December 31
Last results
Oct 21, 2026
Incorporated in
NV

Employees, at the top of the page: "We directly employ approximately 41,500 employees worldwide, including approximately 41,000 full-time employees, and hire additional temporary employees on an as-needed basis" (10-K). Address and exchange: SEC's company file.

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Sources

The 10-K filed Feb 6, 2026 (open at SEC), compared with the 10-K filed Feb 7, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

Work with it: Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/LVS/export.csv") into a cell.