Las Vegas Sands Corp (LVS)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 83.92% | 83.94% | 84.23% | 84.03% | 83.53% | 80.08% | 76.36% | 71.14% | 63.87% | 62.88% | 61.74% | 63.38% | 65.59% | 68.73% | 67.23% | 52.59% | 64.18% | 78.21% | 82.75% | 86.26% |
| Operating profit margin | 21.26% | 22.29% | 23.67% | 23.66% | 22.30% | 16.76% | 8.43% | -2.12% | -19.27% | -19.10% | -23.44% | -22.48% | -16.27% | -15.80% | -22.90% | -54.98% | -47.38% | -6.26% | 13.13% | 23.74% |
| Pretax margin | 14.64% | 15.60% | 17.00% | 16.76% | 15.09% | 10.18% | 2.83% | -6.60% | 48.32% | 51.59% | 47.96% | 45.97% | -22.82% | -26.60% | -33.76% | -71.57% | -56.50% | -13.47% | 5.38% | 21.58% |
| 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% |
Las Vegas Sands Corp has shown a fluctuating trend in its profitability ratios over the past few years. The gross profit margin has gradually increased from 63.38% in March 2022 to 83.92% in December 2024, indicating an improvement in the company's ability to generate profit from its core activities.
The operating profit margin reflects a volatile performance, with significant fluctuations in the profitability of the company's operations. The margin hit a low of -47.38% in December 2020 but has since gradually recovered to 21.26% in December 2024, suggesting that the company has made efforts to enhance operational efficiency and profitability.
The pretax margin also exhibits a mixed performance, starting from negative figures in 2020 and gradually improving to reach 14.64% in December 2024. This trend indicates a positive turnaround in the company's ability to generate profit before accounting for taxes.
The net profit margin, reflecting the company's bottom-line profitability, has shown improvement over the years. After incurring losses in 2020 and 2021, Las Vegas Sands Corp managed to turn the situation around, achieving a net profit margin of 12.80% in December 2024. This indicates that the company has successfully controlled costs and improved its overall profitability.
In summary, Las Vegas Sands Corp has managed to enhance its profitability ratios over the years, showing a positive trend in its ability to generate profits from its operations and improve its financial performance.
Return on investment
| 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 return on assets (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% |
| Return on assets (ROA) | 7.00% | 7.04% | 7.62% | 7.38% | 5.61% | 3.03% | 0.23% | -2.43% | 8.31% | 8.75% | 7.93% | 8.30% | -4.79% | -5.72% | -6.55% | -9.55% | -8.10% | -3.61% | 1.57% | 9.99% |
| Return on total capital | 14.66% | 14.60% | 15.84% | 15.29% | 13.51% | 9.53% | 5.50% | 2.15% | 14.13% | 15.39% | 14.14% | 12.99% | -2.02% | -2.98% | -3.89% | -7.75% | -6.28% | -1.84% | 4.69% | 18.09% |
| Return on equity (ROE) | 50.14% | 43.90% | 42.86% | 39.67% | 29.65% | 14.72% | 1.18% | -13.58% | 47.20% | 48.15% | 41.73% | 40.78% | -48.15% | -54.09% | -53.55% | -73.40% | -56.68% | -23.66% | 9.17% | 47.12% |
Las Vegas Sands Corp's profitability ratios have shown a fluctuating trend over the past few years.
- The Operating Return on Assets (Operating ROA) improved significantly from the negative range in 2021 to positive levels by the end of 2023, indicating better operational efficiency in generating profits from its assets.
- The Return on Assets (ROA) also rebounded from negative values in 2021 to positive figures by the end of 2023, showing a better overall profitability in relation to the company's total assets.
- Return on Total Capital shows a similar trend, with a sharp increase from negative levels in 2021 to positive territory by the end of 2023, indicating an enhanced ability to generate returns from invested capital.
- Return on Equity (ROE) experienced significant volatility, with negative values in 2021 followed by a notable recovery and steady growth, reaching positive levels by the end of 2023 and continuing to increase through 2024, reflecting improving profitability for the company's equity holders.
Overall, the profitability ratios of Las Vegas Sands Corp demonstrate an improving trend in profitability and efficiency in utilizing assets and capital, which bodes well for the company's financial health and performance in the future.