Las Vegas Sands Corp (LVS)

Operating return on assets (Operating ROA)

Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 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
Operating income (ttm) US$ in thousands 2,817,000 2,542,000 2,352,000 2,466,000 2,580,000 2,756,000 2,695,000 2,355,000 1,475,000 609,000 -84,000 -770,000 -732,000 -867,000 -847,000 -643,000 -621,000 -778,000 -1,403,000 -1,301,000
Total assets US$ in thousands 21,502,000 21,850,000 21,247,000 20,666,000 21,354,000 21,113,000 21,245,000 21,778,000 22,124,000 22,270,000 22,715,000 22,039,000 21,469,000 22,059,000 22,247,000 20,059,000 19,892,000 20,378,000 20,541,000 20,807,000
Operating ROA 13.10% 11.63% 11.07% 11.93% 12.08% 13.05% 12.69% 10.81% 6.67% 2.73% -0.37% -3.49% -3.41% -3.93% -3.81% -3.21% -3.12% -3.82% -6.83% -6.25%

September 30, 2025 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $2,817,000K ÷ $21,502,000K
= 13.10%


Peer comparison

Sep 30, 2025

Company name
Symbol
Operating ROA
Las Vegas Sands Corp
LVS
13.10%
Vail Resorts Inc
MTN
9.69%