Las Historical Income Statement

LVS Stock  USD 51.70  0.22  0.43%   
Historical analysis of Las Vegas income statement accounts such as Other Operating Expenses of 5.8 B can show how well Las Vegas Sands performed in making a profits. Evaluating Las Vegas income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Las Vegas's future profits or losses.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Las Vegas Sands latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Las Vegas Sands is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Las Vegas Sands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

About Las Income Statement Analysis

Las Vegas Sands Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Las Vegas shareholders. The income statement also shows Las investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Las Vegas Income Statement Chart

Las Vegas Sands Income Statement is one of the three primary financial statements used for reporting Las's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Las Vegas Sands revenue and expense. Las Vegas Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Las Vegas' Interest Expense is comparatively stable compared to the past year. Income Tax Expense is likely to gain to about 361.2 M in 2024, whereas Gross Profit is likely to drop slightly above 3.9 B in 2024.

Total Revenue

Total revenue comprises all receipts Las Vegas Sands generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Las Vegas Sands minus its cost of goods sold. It is profit before Las Vegas operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Las Vegas Sands. It is also known as Las Vegas overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most accounts from Las Vegas' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Las Vegas Sands current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Las Vegas Sands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
At this time, Las Vegas' Interest Expense is comparatively stable compared to the past year. Income Tax Expense is likely to gain to about 361.2 M in 2024, whereas Gross Profit is likely to drop slightly above 3.9 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.8B2.6B5.2B3.9B
Total Revenue4.2B4.1B10.4B7.3B

Las Vegas income statement Correlations

-0.150.0-0.06-0.29-0.28-0.190.34-0.32-0.28-0.340.420.270.25-0.27-0.060.86-0.44-0.720.31-0.36-0.140.06-0.91-0.670.67
-0.150.860.970.950.950.980.410.920.50.920.610.310.760.81-0.53-0.290.860.280.150.630.33-0.140.460.3-0.17
0.00.860.810.850.840.860.780.830.310.810.530.480.810.4-0.6-0.270.770.090.470.610.51-0.270.210.19-0.24
-0.060.970.810.850.850.910.450.810.350.80.750.240.840.82-0.55-0.240.720.260.070.580.23-0.140.370.26-0.15
-0.290.950.850.851.00.990.320.990.640.990.360.370.580.74-0.44-0.340.970.280.180.650.42-0.150.570.32-0.17
-0.280.950.840.851.00.990.310.990.650.990.370.390.570.75-0.42-0.320.960.290.180.630.43-0.130.570.32-0.15
-0.190.980.860.910.990.990.370.970.60.970.50.360.670.77-0.46-0.280.920.250.180.620.38-0.150.50.31-0.14
0.340.410.780.450.320.310.370.29-0.270.270.540.380.77-0.15-0.55-0.070.21-0.190.550.320.37-0.32-0.3-0.05-0.23
-0.320.920.830.810.990.990.970.290.71.00.30.390.530.72-0.41-0.370.980.320.230.640.46-0.140.60.34-0.19
-0.280.50.310.350.640.650.6-0.270.70.7-0.090.38-0.010.57-0.01-0.150.710.290.30.230.380.070.530.290.11
-0.340.920.810.80.990.990.970.271.00.70.30.320.530.72-0.43-0.380.980.30.210.640.39-0.160.610.34-0.19
0.420.610.530.750.360.370.50.540.3-0.090.30.040.870.47-0.470.120.15-0.150.090.2-0.13-0.17-0.20.070.05
0.270.310.480.240.370.390.360.380.390.380.320.040.190.030.050.240.31-0.020.60.150.870.19-0.08-0.190.29
0.250.760.810.840.580.570.670.770.53-0.010.530.870.190.43-0.63-0.10.44-0.060.260.470.13-0.23-0.040.04-0.12
-0.270.810.40.820.740.750.77-0.150.720.570.720.470.030.43-0.26-0.210.670.4-0.270.430.020.050.60.3-0.01
-0.06-0.53-0.6-0.55-0.44-0.42-0.46-0.55-0.41-0.01-0.43-0.470.05-0.63-0.260.31-0.390.04-0.2-0.220.090.45-0.02-0.150.39
0.86-0.29-0.27-0.24-0.34-0.32-0.28-0.07-0.37-0.15-0.380.120.24-0.1-0.210.31-0.44-0.680.06-0.37-0.160.31-0.77-0.760.9
-0.440.860.770.720.970.960.920.210.980.710.980.150.310.440.67-0.39-0.440.350.180.670.42-0.160.670.33-0.25
-0.720.280.090.260.280.290.25-0.190.320.290.3-0.15-0.02-0.060.40.04-0.680.35-0.140.190.27-0.050.750.56-0.53
0.310.150.470.070.180.180.180.550.230.30.210.090.60.26-0.27-0.20.060.18-0.140.170.6-0.04-0.30.050.02
-0.360.630.610.580.650.630.620.320.640.230.640.20.150.470.43-0.22-0.370.670.190.170.410.190.430.21-0.24
-0.140.330.510.230.420.430.380.370.460.380.39-0.130.870.130.020.09-0.160.420.270.60.410.230.220.15-0.06
0.06-0.14-0.27-0.14-0.15-0.13-0.15-0.32-0.140.07-0.16-0.170.19-0.230.050.450.31-0.16-0.05-0.040.190.23-0.01-0.110.55
-0.910.460.210.370.570.570.5-0.30.60.530.61-0.2-0.08-0.040.6-0.02-0.770.670.75-0.30.430.22-0.010.64-0.5
-0.670.30.190.260.320.320.31-0.050.340.290.340.07-0.190.040.3-0.15-0.760.330.560.050.210.15-0.110.64-0.64
0.67-0.17-0.24-0.15-0.17-0.15-0.14-0.23-0.190.11-0.190.050.29-0.12-0.010.390.9-0.25-0.530.02-0.24-0.060.55-0.5-0.64
Click cells to compare fundamentals

Las Vegas Account Relationship Matchups

Las Vegas income statement Accounts

201920202021202220232024 (projected)
Interest Expense555M536M621M702M818M858.9M
Total Revenue12.1B2.9B4.2B4.1B10.4B7.3B
Gross Profit10.0B1.6B2.8B2.6B5.2B3.9B
Other Operating Expenses8.2B4.3B5.1B4.9B8.0B5.8B
Operating Income3.4B(1.3B)(662M)(783M)2.3B1.5B
Ebit3.4B(1.3B)(662M)(783M)2.6B1.5B
Ebitda4.5B(323M)379M253M3.9B2.2B
Total Operating Expenses6.0B3.0B3.7B3.4B2.8B2.4B
Income Before Tax3.6B(1.9B)(1.5B)(1.4B)1.8B1.1B
Total Other Income Expense Net154M(556M)(812M)(604M)(35M)(36.8M)
Net Income2.7B(1.4B)(1.2B)(1.1B)1.2B864.1M
Depreciation And Amortization1.0B997M1.0B1.0B1.3B779.5M
Income Tax Expense432M24M5M154M344M361.2M
Selling General Administrative1.4B966M1.0B1.2B1.1B973.0M
Cost Of Revenue2.2B1.3B1.4B1.5B5.2B3.7B
Net Income Applicable To Common Shares2.7B(1.7B)(961M)1.8B2.1B1.3B
Selling And Marketing Expenses24M18M109M143M128.7M91.9M
Research Development24M18M109M143M205M215.3M
Net Income From Continuing Ops3.3B(2.1B)(1.5B)(1.5B)693M1.2B
Non Recurring154M198M49M37M33.3M31.6M
Non Operating Income Net Other653M43M(27M)107M123.1M77.5M
Minority Interest606M(458M)315M475M(18M)(17.1M)
Tax Provision468M(38M)(5M)154M203M126.5M
Interest Income74M21M4M586M285M159.5M
Net Interest Income(481M)(515M)(617M)(586M)(544M)(571.2M)
Reconciled Depreciation1.2B1.2B1.1B1.1B1.2B932.6M
Extraordinary Items136M(243M)193M2.9B3.3B3.5B

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Las Vegas Sands is a strong investment it is important to analyze Las Vegas' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Las Vegas' future performance. For an informed investment choice regarding Las Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Las Vegas Sands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Complementary Tools for Las Stock analysis

When running Las Vegas' price analysis, check to measure Las Vegas' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Las Vegas is operating at the current time. Most of Las Vegas' value examination focuses on studying past and present price action to predict the probability of Las Vegas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Las Vegas' price. Additionally, you may evaluate how the addition of Las Vegas to your portfolios can decrease your overall portfolio volatility.
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Is Las Vegas' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Las Vegas. If investors know Las will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Las Vegas listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.94)
Dividend Share
0.6
Earnings Share
1.6
Revenue Per Share
13.594
Quarterly Revenue Growth
1.61
The market value of Las Vegas Sands is measured differently than its book value, which is the value of Las that is recorded on the company's balance sheet. Investors also form their own opinion of Las Vegas' value that differs from its market value or its book value, called intrinsic value, which is Las Vegas' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Las Vegas' market value can be influenced by many factors that don't directly affect Las Vegas' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Las Vegas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Las Vegas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Las Vegas' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.