Las Vegas Sands Corp (LVS)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 2,858,000 | 2,671,000 | 2,550,000 | 2,687,000 | 2,828,000 | 3,017,000 | 2,962,000 | 2,593,000 | 1,725,000 | 817,000 | 48,000 | -685,000 | -748,000 | -1,075,000 | -1,061,000 | -853,000 | -832,000 | -893,000 | -1,523,000 | -1,353,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,571,000 | 1,991,000 | 2,699,000 | 2,884,000 | 3,426,000 | 3,754,000 | 3,953,000 | 4,118,000 | 4,553,000 | 4,330,000 | 4,056,000 | 3,881,000 | 3,900,000 | 4,191,000 | 4,529,000 | 1,996,000 | 2,102,000 | 2,491,000 | 2,673,000 | 2,973,000 |
| Return on total capital | 181.92% | 134.15% | 94.48% | 93.17% | 82.55% | 80.37% | 74.93% | 62.97% | 37.89% | 18.87% | 1.18% | -17.65% | -19.18% | -25.65% | -23.43% | -42.74% | -39.58% | -35.85% | -56.98% | -45.51% |
September 30, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $2,858,000K ÷ ($—K + $1,571,000K)
= 181.92%
Peer comparison
Sep 30, 2025
Company name
Symbol
Return on total capital
Las Vegas Sands Corp
LVS
181.92%
Vail Resorts Inc
MTN
141.18%