Las Vegas Sands Corp (LVS)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,446,000 | 1,504,000 | 1,609,000 | 1,568,000 | 1,221,000 | 670,000 | 51,000 | -551,000 | 1,832,000 | 1,878,000 | 1,749,000 | 1,847,000 | -961,000 | -1,137,000 | -1,334,000 | -1,962,000 | -1,685,000 | -757,000 | 341,000 | 2,115,000 |
| Revenue (ttm) | US$ in thousands | 11,298,000 | 11,317,000 | 11,430,000 | 11,211,000 | 10,372,000 | 8,574,000 | 6,784,000 | 5,287,000 | 4,110,000 | 4,001,000 | 3,853,000 | 3,981,000 | 4,234,000 | 4,241,000 | 3,830,000 | 2,719,000 | 2,940,000 | 5,434,000 | 8,238,000 | 11,510,000 |
| Net profit margin | 12.80% | 13.29% | 14.08% | 13.99% | 11.77% | 7.81% | 0.75% | -10.42% | 44.57% | 46.94% | 45.39% | 46.40% | -22.70% | -26.81% | -34.83% | -72.16% | -57.31% | -13.93% | 4.14% | 18.38% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,446,000K ÷ $11,298,000K
= 12.80%
Las Vegas Sands Corp's net profit margin has exhibited significant fluctuations over the past few years, as indicated in the provided data. The company reported a relatively healthy net profit margin of 18.38% as of March 31, 2020, indicating that the company was generating $0.1838 in profit for every dollar of revenue.
However, the subsequent quarters showed a downward trend in the net profit margin, with figures dropping to as low as -72.16% by March 31, 2021. This indicates that the company was incurring losses exceeding its revenue during that period.
The trend started improving in the following quarters, with a noticeable turnaround by the end of 2022 and into 2023. The net profit margin bounced back to positive territory, reaching 13.99% by March 31, 2024. This recovery suggests that the company had implemented strategies to enhance profitability and operational efficiency during this period.
Overall, the analysis of Las Vegas Sands Corp's net profit margin showcases the company's resilience in overcoming challenges and eventually returning to a healthier financial position in the later years covered by the data.
Peer comparison
Dec 31, 2024