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Ken GriffinReduced
Citadel Advisors · Q2 2026
$21.35M
462.25K shares · 0.0% of portfolio
Las Vegas Sands Corp
Las Vegas Sands Corp (LVS) is listed on NYSE and classified in Resorts & Casinos, part of the Consumer Cyclical sector. It is headquartered in Las Vegas, United States and has 41,000 employees. The company is worth $23.66B and trades at 15.3x its earnings of the last twelve months; the median for its sector is 17.7x. Revenue was $13.02B in fiscal 2025, up 15.2% from the year before. Net income was $1.63B. The share price is 48.1% below its 52-week high of $70.45. It pays a dividend yielding 3.29%. 7 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Cliff Asness (AQR Capital Management), at $267.51M. In that quarter, 2 of them opened or added to the position and 5 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +6.7% over 5Y.
today you would have $1,043.70▲ +4.4%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 18 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $65.09 | $51.36 | $49.21 | $48.07 | $37.64 | $59.60 | $69.04 | $52.05 | $69.49 | $53.41 | $43.84 | $58.16 | $78.87 | $46.16 | $42.73 | $45.95 | $14.94 | $5.93 |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 0.0% a year plus a 3.3% dividend yield. Growth capped at 25%.
Median P/E of 17.7 among peers in the sector.
Median P/E of 25.1 across this company’s own years on record.
Cash flow growing 5.0% a year for 10 years, discounted at 10%, then 2.5% forever.
Sector median of 10.3x operating profit, less net debt. Banks have no EBITDA.
Dividend growing 0.0% a year against a 7.8% required return, from the stock’s beta.
Companies of similar size in Consumer Cyclical, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| IHGIntercontinental Hotels Group PLC /new/ | $167.78 | 35.6x | — | 1.13% | — | $24.51B |
| PHMPultegroup Inc | $119.48 | 12.2x | 1.7x | 0.87% | 14.90% | $22.76B |
| RLRalph Lauren Corp | $381.95 | 24.1x | 8.4x | 1.05% | 37.54% | $22.76B |
| DRIDarden Restaurants Inc | $217.56 |
| P/E | 25.1x | 27.7x | 26.2x | 30.8x | 20.0x | — | — | 19.7x | 17.0x | 19.6x | 25.3x | 17.7x | 16.5x | 28.3x | 25.0x | 27.4x | 90.1x | — | — |
| P/S | 3.5x | 3.4x | 3.3x | 3.6x | 8.9x | 6.8x | 15.5x | 4.3x | 2.9x | 4.3x | 3.7x | 3.0x | 3.2x | 4.7x | 3.4x | 3.3x | 4.9x | 2.2x | 0.9x |
| P/B | 7.7x | 27.5x | 12.7x | 9.0x | 9.5x | 14.4x | 15.3x | 10.2x | 7.1x | 8.5x | 6.9x | 5.1x | 6.4x | 8.4x | 5.4x | 4.0x | 5.0x | 1.7x | 0.9x |
| EPS | $2.35 | $1.96 | $1.60 | $2.40 | -$1.26 | -$2.21 | $3.50 | $3.07 | $3.55 | $2.11 | $2.47 | $3.52 | $2.79 | $1.85 | $1.56 | $0.51 | -$0.82 | -$0.48 |
| Dividend yield | 3.82% | 1.54% | 1.56% | 0.81% | — | — | 1.33% | 4.46% | 5.76% | 4.20% | 5.39% | 5.93% | 3.44% | 1.78% | 8.12% | — | — | — | — |
| Payout | 82.25% | 42.55% | 40.82% | 25.00% | — | — | — | 88.00% | 97.72% | 82.25% | 136.49% | 105.26% | 56.82% | 50.18% | 202.70% | — | — | — | — |
| Profit margin | 14.20% | 12.50% | 12.80% | 11.77% | 44.57% | -22.70% | -57.31% | 22.25% | 17.58% | 21.80% | 14.72% | 16.82% | 19.48% | 16.75% | 13.69% | 16.58% | 8.75% | -7.77% | -3.73% |
| ROE | 29.24% | 102.33% | 50.14% | 29.65% | 47.20% | -48.15% | -56.68% | 52.01% | 42.45% | 43.29% | 27.18% | 28.84% | 39.38% | 30.08% | 21.58% | 19.87% | 9.00% | -6.06% | -3.70% |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
7 methods answered, across 4 families.
Room for errors in the reported numbers.
-18.8% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 21.1x |
| 11.9x |
| 2.98% |
| 55.43% |
| $24.62B |
| TPRTapestry Inc | $113.92 | 15.8x | 33.0x | 1.62% | 197.13% | $22.61B |
| TCOMTrip.com Group Ltd | $39.57 | 8.0x | 1.0x | 0.00% | 15.64% | $24.92B |
