Las Vegas Sands Corp (LVS)

Operating return on assets (Operating ROA)

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
Operating income (ttm) US$ in thousands 2,402,000 2,522,000 2,706,000 2,652,000 2,313,000 1,437,000 572,000 -112,000 -792,000 -764,000 -903,000 -895,000 -689,000 -670,000 -877,000 -1,495,000 -1,393,000 -340,000 1,082,000 2,733,000
Total assets US$ in thousands 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 20,982,000 21,695,000 21,167,000
Operating ROA 11.62% 11.81% 12.82% 12.48% 10.62% 6.50% 2.57% -0.49% -3.59% -3.56% -4.09% -4.02% -3.43% -3.37% -4.30% -7.28% -6.69% -1.62% 4.99% 12.91%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $2,402,000K ÷ $20,666,000K
= 11.62%

Las Vegas Sands Corp's operating return on assets (Operating ROA) has exhibited fluctuations over the reviewed period. The company experienced a downward trend from March 31, 2020, where the Operating ROA stood at 12.91%, to December 31, 2021, reaching a low of -3.43%. Subsequently, there was a slight improvement in the metric, with the Operating ROA registering positive figures from March 31, 2023, onwards, culminating in a high of 12.82% on June 30, 2024. Overall, the Operating ROA for Las Vegas Sands Corp has seen varying performance levels, indicating changes in operational efficiency and asset utilization strategies during the period under review.