earnings
confidence high
sentiment positive
materiality 0.75
Las Vegas Sands Q4 net revenue $3.65B (+26%), net income $448M
LAS VEGAS SANDS CORP
2025-FY EPS
reported $2.35
vs consensus $0.77
▲ beat
(+206.7%)
- Q4 net revenue $3.65B vs $2.90B YoY; operating income $707M vs $590M; net income $448M vs $392M.
- Marina Bay Sands adjusted property EBITDA $806M (incl $45M hold benefit); Macao adj. EBITDA $608M (incl $26M hold).
- Repurchased $500M of LVS stock in Q4; quarterly dividend raised to $0.30/share payable Feb 18, 2026.
- Full year 2025 net income $1.63B ($2.35 EPS) vs $1.45B ($1.96 EPS) in 2024.
- Unrestricted cash $3.84B; total debt $15.63B; drew HKD 6.20B to redeem $800M SCL notes due Jan 8, 2026.