Las Vegas Sands Corp (LVS)
Profitability ratios
Return on sales
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 61.52% | 77.54% | 51.70% | 55.34% | 45.58% |
| Operating profit margin | 21.26% | 22.30% | -19.27% | -16.27% | -47.38% |
| Pretax margin | 14.64% | 15.09% | 48.32% | -22.82% | -56.50% |
| Net profit margin | 12.80% | 11.77% | 44.57% | -22.70% | -57.31% |
Las Vegas Sands Corp has shown a positive trend in its gross profit margin over the years, increasing from 45.58% in 2020 to 55.34% in 2021, and then experiencing fluctuations to reach 61.52% in 2024. This indicates the company's ability to efficiently control its production costs and generate more revenue from its core operations.
In terms of operating profit margin, the company has improved significantly from negative margins in 2020 and 2021 to positive figures in the subsequent years. This demonstrates Las Vegas Sands Corp's efforts in managing its operating expenses and enhancing operational efficiency.
The pretax margin of the company has also seen a notable improvement, with a significant increase from negative percentages in 2020 and 2021 to positive margins in the following years. This signifies the company's ability to effectively manage its pre-tax earnings in relation to its total revenue.
Looking at the net profit margin, Las Vegas Sands Corp's performance has been on an upward trajectory as well, gradually turning negative margins into positive ones. This indicates the company's success in controlling its overall expenses and increasing its profitability over the years.
Overall, the profitability ratios of Las Vegas Sands Corp reflect a positive trend, showcasing improvements in gross profit margin, operating profit margin, pretax margin, and net profit margin over the years. These improvements indicate the company's enhanced operational efficiency and financial performance.
Return on investment
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 11.62% | 10.62% | -3.59% | -3.43% | -6.69% |
| Return on assets (ROA) | 7.00% | 5.61% | 8.31% | -4.79% | -8.10% |
| Return on total capital | 14.66% | 13.51% | 14.13% | -2.02% | -6.28% |
| Return on equity (ROE) | 50.14% | 29.65% | 47.20% | -48.15% | -56.68% |
Las Vegas Sands Corp's profitability ratios have shown a mixed performance over the years based on the provided data.
- Operating return on assets (Operating ROA) has steadily improved from negative figures in 2020 and 2021 to positive values in 2023 and 2024, indicating the company's ability to generate operating income from its assets in the more recent years.
- Return on assets (ROA) has been volatile, with negative ROA in 2020 and 2021, followed by a significant increase in 2022 before dropping again in 2023 and 2024. This suggests fluctuations in the company's ability to generate profit relative to its total assets.
- Return on total capital has shown an increasing trend from negative figures in 2020 and 2021 to positive values in 2022, 2023, and 2024. This indicates that the company is effectively utilizing its total capital to generate returns for its investors.
- Return on equity (ROE) has also displayed a fluctuating pattern, with significant negative values in 2020 and 2021, followed by a sharp increase in 2022, and further improvements in 2023 and 2024. The positive ROE in the later years shows that the company is generating favorable returns for its shareholders.
In conclusion, Las Vegas Sands Corp has shown improvements in its profitability metrics over the years, with varying performance across different ratios. It is important for stakeholders to closely monitor these ratios to assess the company's financial performance and sustainability.