Las Vegas Sands Corp (LVS)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 2,466,000 | 2,355,000 | -770,000 | -643,000 | -1,301,000 |
| Revenue | US$ in thousands | 11,298,000 | 10,372,000 | 4,110,000 | 4,234,000 | 2,940,000 |
| Operating profit margin | 21.83% | 22.71% | -18.73% | -15.19% | -44.25% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $2,466,000K ÷ $11,298,000K
= 21.83%
Las Vegas Sands Corp's operating profit margin has shown significant fluctuations over the years.
- As of December 31, 2020, the company's operating profit margin was -47.38%, indicating a negative margin, which may suggest that the company was facing challenges in generating profits from its core operations.
- By December 31, 2021, there was a slight improvement in the operating profit margin to -16.27%, but it still remained in the negative territory, implying that the company's profitability had not fully recovered.
- In the following year, as of December 31, 2022, the operating profit margin further improved to -19.27%, indicating a continued effort to enhance operational efficiency and profitability.
- The year 2023 marked a significant turnaround for Las Vegas Sands Corp, with an operating profit margin of 22.30%, indicating that the company was able to generate profits from its core operations and improve its efficiency.
- By December 31, 2024, the operating profit margin remained strong at 21.26%, reflecting sustained profitability and operational effectiveness for the company.
Overall, Las Vegas Sands Corp's operating profit margin has shown a remarkable recovery from negative margins to strong positive margins, demonstrating the company's ability to enhance profitability and operational performance over the years.
Peer comparison
Dec 31, 2024