# LVS · LAS Vegas Sands Corp

Snapshot 2026-10-26 · CIK 0001300514 · NYSE · Hotels & Motels

Price 35.68 (2026-10-23, Alpaca Market Data (consolidated SIP daily bar)) · Market cap 22.37 B

Machine-readable: https://theclaudetrader.com/s/LVS.json · index: https://theclaudetrader.com/llms.txt

## Scores

### Graham Defensive: 36.3 (ok) · complete: True · missing tests: none · current inputs as of 2025-12-31 · stale inputs: Revenue · history 2013–2025 · price 2026-10-23 · verification {'verified': 12, 'mismatch': 0, 'unverified': 21, 'not_cross_checked': 2} · computed 2026-10-26 · rules https://theclaudetrader.com/p/graham
- 1 Adequate size: 13.02 revenue $B · threshold >= 1 · points 5.0/5
- 2a Current ratio: 1.0  · threshold >= 2.0 · points 0.0/15
- 2b Long-term debt vs working capital: None LTD / WC · threshold <= 1.0 · points 0.0/15
- 3 Positive earnings each of 10 years: 8 of 10  · threshold 10 of 10 · points 12.0/15
- 4 Dividends every year for 20 years: 12 of 20  · threshold 20 of 20 · points 9.0/15
- 5 EPS growth, 3-yr avg now vs 10 yrs ago: 2.70 -> 1.97 (-27%)  · threshold >= +33% · points 0.0/10
- 6 P/E on 3-year average EPS: 18.1  · threshold <= 15 · points 10.3/15
- 7 P/B <= 1.5, or P/E x P/B <= 22.5: P/B 38.50, product 697.4  · threshold <= 1.5 or <= 22.5 · points 0.0/10

Inputs:
  - Price (close, per traded unit): 35.68 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - Revenue: 13017000000.0 · 2025-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - current_assets: 4297000000.0 · 2026-06-30 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000085/ · unverified
  - current_liabilities: 4311000000.0 · 2026-06-30 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000085/ · unverified
  - lt_debt: 13694000000.0 · 2026-06-30 · SEC XBRL LongTermDebtAndCapitalLeaseObligations · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000085/ · unverified
  - equity: 581000000.0 · 2026-06-30 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000085/ · unverified
  - Net income FY2016: 1679000000.0 · 2016-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051419000021/ · unverified
  - Net income FY2017: 2808000000.0 · 2017-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051420000011/ · unverified
  - Net income FY2018: 2413000000.0 · 2018-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051421000033/ · unverified
  - Net income FY2019: 2698000000.0 · 2019-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051422000007/ · unverified
  - Net income FY2020: -1685000000.0 · 2020-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051423000021/ · unverified
  - Net income FY2021: -961000000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051424000048/ · unverified
  - Net income FY2022: 1832000000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051425000040/ · unverified
  - Net income FY2023: 1221000000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - Net income FY2024: 1446000000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - Net income FY2025: 1627000000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - Dividend years (Yahoo): [2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2023, 2024, 2025, 2026] ·  · Yahoo Finance dividend history · https://finance.yahoo.com/quote/LVS/history?filter=div · verified (partly: XBRL covers 11 of 20 years)
  - Dividends per share FY2013 (XBRL): 1.4 · 2013-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1300514/000130051416000023/ · verified
  - Dividends per share FY2014 (XBRL): 2.0 · 2014-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1300514/000130051417000005/ · verified
  - Dividends per share FY2015 (XBRL): 2.6 · 2015-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1300514/000130051418000022/ · verified
  - Dividends per share FY2016 (XBRL): 2.88 · 2016-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1300514/000130051419000021/ · verified
  - Dividends per share FY2017 (XBRL): 2.92 · 2017-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1300514/000130051420000011/ · verified
  - Dividends per share FY2018 (XBRL): 3.0 · 2018-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1300514/000130051421000033/ · verified
  - Dividends per share FY2019 (XBRL): 3.08 · 2019-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1300514/000130051422000007/ · verified
  - Dividends per share FY2020 (XBRL): 0.79 · 2020-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1300514/000130051423000021/ · verified
  - Dividends per share FY2023 (XBRL): 0.4 · 2023-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · verified
  - Dividends per share FY2024 (XBRL): 0.8 · 2024-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · verified
  - Dividends per share FY2025 (XBRL): 1.0 · 2025-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · verified
  - EPS diluted FY2014: 3.52 · 2014-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1300514/000130051417000005/ · unverified
  - EPS diluted FY2015: 2.47 · 2015-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1300514/000130051418000022/ · unverified
  - EPS diluted FY2016: 2.11 · 2016-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1300514/000130051419000021/ · unverified
  - EPS diluted FY2023: 1.6 · 2023-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - EPS diluted FY2024: 1.96 · 2024-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - EPS diluted FY2025: 2.35 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - Shares outstanding: 626990133.0 · 2026-10-21 · SEC cover page 10-Q 0001300514-26-000103 (626,990,133 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1300514/000130051426000103/lvs-20260930.htm · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000103/R1.htm

### Magic Formula: 57.3 (ok) · complete: True · missing tests: none · current inputs as of 2026-03-31 · stale inputs: operating_income_q · history None–None · price 2026-10-23 · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/magic_formula
-  Earnings yield (EBIT/EV): 8.31 % · threshold  · points /
-  Return on capital (EBIT/(NWC+PPE)): 24.85 % · threshold  · points /
-  Combined rank: 165  · threshold  · points /

Inputs:
  - operating_income: 2818000000.0 · 2025-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/
  - operating_income_q: 904000000.0 · 2026-03-31 · SEC XBRL OperatingIncomeLoss (quarter CY2026Q1) · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000046/
  - operating_income_q: 609000000.0 · 2025-03-31 · SEC XBRL OperatingIncomeLoss (quarter CY2025Q1) · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000046/
  - operating_income_q: 618000000.0 · 2026-06-30 · SEC XBRL OperatingIncomeLoss (quarter CY2026Q2) · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000085/
  - operating_income_q: 783000000.0 · 2025-06-30 · SEC XBRL OperatingIncomeLoss (quarter CY2025Q2) · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000085/
  - operating_income_q: 618000000.0 · 2026-09-30 · SEC XBRL OperatingIncomeLoss (quarter CY2026Q3) · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000103/
  - operating_income_q: 719000000.0 · 2025-09-30 · SEC XBRL OperatingIncomeLoss (quarter CY2025Q3) · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000103/
  - current_assets: 4297000000.0 · 2026-06-30 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000085/
  - current_liabilities: 4311000000.0 · 2026-06-30 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000085/
  - cash: 3376000000.0 · 2026-06-30 · SEC XBRL CashAndCashEquivalentsAtCarryingValue · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000085/
  - ppe_net: 11470000000.0 · 2026-06-30 · SEC XBRL PropertyPlantAndEquipmentNet · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000085/
  - debt_incl_current: 15262000000.0 · 2026-06-30 · SEC XBRL LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000085/
  - shares_out: 626990133.0 · 2026-10-21 · SEC cover page 10-Q 0001300514-26-000103 (626,990,133 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1300514/000130051426000103/lvs-20260930.htm · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000103/R1.htm
  - Price (close): 35.68 · 2026-10-23 · Yahoo Finance / Alpaca Market Data · 
  - note: debt = LongTermDebt (incl. current maturities) ·  ·  · 

### Momentum: 21.4 (ok) · complete: True · missing tests: none · current inputs as of 2026-10-23 · stale inputs: none · history None–None · price 2026-10-23 · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/momentum
-  12-1 month return: -29.6 % · threshold  · points 3.4/50
-  6 month return: -30.5 % · threshold  · points 0.5/20
-  Price / 52-week high: 0.522  · threshold  · points 7.8/15
-  Volatility penalty (60d annualised): 24.1 % · threshold  · points 9.6/15

Inputs:
  - Adjusted close series (14 months): 35.68 · 2026-10-23 · Yahoo Finance / Alpaca Market Data daily history · 

### Insider: 0.0 (no open-market transactions in window) · complete: True · missing tests: none · current inputs as of 2026-10-23 · stale inputs: none · history None–None · price None · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/insider
-  Open-market buy value / market cap (percentile among buyers): 0.0 bp · threshold  · points 0.0/35
-  Distinct buyers: 0  · threshold  · points 0.0/25
-  Buyer seniority: 0.0  · threshold  · points 0.0/20
-  Recency (half-life 30d): 0.0  · threshold  · points 0.0/10
-  Sales penalty (excludes 10b5-1 plan sales): 0.0 bp · threshold  · points -0.0/0

### Buffett Quality: 52.0 (partial: 6) · complete: False · missing tests: 6 · current inputs as of 2026-06-30 · stale inputs: none · history 2016–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 37, 'not_cross_checked': 2} · computed 2026-10-26 · rules https://theclaudetrader.com/p/buffett
- 1 Average return on equity (net income / year-end equity): 27.4% over 8 yrs  · threshold >= 15% · points 25.0/25
- 2 Profitable every year: 8 of 10  · threshold all years · points 12.0/15
- 3 Net income growth, 3-yr average now vs start of window: -6.6% a year  · threshold >= +10% · points 0.0/10
- 4 Borrowings / 3-yr average earnings (years to repay): 10.7 years · threshold <= 4 · points 0.0/15
- 5 Operating margin, 5-yr average: 5.9%  · threshold >= 20% · points 0.0/10
- 6 Free cash flow / net income, 5-yr (operating cash flow minus capex): 3 years  · threshold >= 1.0 · points None/10
- 7 Owner-earnings yield (3-yr avg free cash flow / market cap): 8.5%  · threshold >= 7% · points 15.0/15

Inputs:
  - Price (close, per traded unit): 35.68 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - Net income FY2018: 2413000000.0 · 2018-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051421000033/ · unverified
  - Equity at FY2018 end: 5684000000.0 · 2018-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1300514/000130051420000011/ · unverified
  - Net income FY2019: 2698000000.0 · 2019-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051422000007/ · unverified
  - Equity at FY2019 end: 5187000000.0 · 2019-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1300514/000130051421000033/ · unverified
  - Net income FY2020: -1685000000.0 · 2020-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051423000021/ · unverified
  - Equity at FY2020 end: 2973000000.0 · 2020-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1300514/000130051422000007/ · unverified
  - Net income FY2021: -961000000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051424000048/ · unverified
  - Equity at FY2021 end: 1996000000.0 · 2021-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1300514/000130051423000021/ · unverified
  - Net income FY2022: 1832000000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051425000040/ · unverified
  - Equity at FY2022 end: 3881000000.0 · 2022-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1300514/000130051424000048/ · unverified
  - Net income FY2023: 1221000000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - Equity at FY2023 end: 4118000000.0 · 2023-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1300514/000130051425000040/ · unverified
  - Net income FY2024: 1446000000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - Equity at FY2024 end: 2884000000.0 · 2024-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - Net income FY2025: 1627000000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - Equity at FY2025 end: 1590000000.0 · 2025-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000085/ · unverified
  - Net income FY2016: 1679000000.0 · 2016-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051419000021/ · unverified
  - Net income FY2017: 2808000000.0 · 2017-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051420000011/ · unverified
  - Net income FY2018: 2413000000.0 · 2018-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051421000033/ · unverified
  - Net income FY2019: 2698000000.0 · 2019-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051422000007/ · unverified
  - Net income FY2020: -1685000000.0 · 2020-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051423000021/ · unverified
  - Net income FY2021: -961000000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051424000048/ · unverified
  - Net income FY2022: 1832000000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051425000040/ · unverified
  - Net income FY2023: 1221000000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - Net income FY2024: 1446000000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - Net income FY2025: 1627000000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - debt_incl_current: 15262000000.0 · 2026-06-30 · SEC XBRL LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000085/ · unverified
  - Operating income FY2021: -689000000.0 · 2021-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051424000048/ · unverified
  - Revenue FY2021: 4234000000.0 · 2021-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1300514/000130051424000048/ · unverified
  - Operating income FY2022: -792000000.0 · 2022-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051425000040/ · unverified
  - Revenue FY2022: 4110000000.0 · 2022-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1300514/000130051425000040/ · unverified
  - Operating income FY2023: 2313000000.0 · 2023-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - Revenue FY2023: 10372000000.0 · 2023-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - Operating income FY2024: 2402000000.0 · 2024-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - Revenue FY2024: 11298000000.0 · 2024-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - Operating income FY2025: 2818000000.0 · 2025-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - Revenue FY2025: 13017000000.0 · 2025-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - Shares outstanding: 626990133.0 · 2026-10-21 · SEC cover page 10-Q 0001300514-26-000103 (626,990,133 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1300514/000130051426000103/lvs-20260930.htm · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000103/R1.htm

### Lynch GARP: 22.0 (ok) · complete: True · missing tests: none · current inputs as of 2026-06-30 · stale inputs: none · history 2020–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 5, 'not_cross_checked': 1} · computed 2026-10-26 · rules https://theclaudetrader.com/p/lynch
- 1 PEG: P/E divided by 5-yr EPS growth (in % points): None  · threshold <= 1.0 · points 0.0/30
- 2 EPS growth, 5-yr compound rate: None  · threshold 12% to 35% a year · points 0.0/20
- 3 P/E on latest annual EPS: 15.2  · threshold <= 25 · points 10.0/10
- 4 Borrowings / equity: 26.27  · threshold <= 0.5 · points 0.0/15
- 5 Years of the last 5 in which EPS rose: 4 of 5  · threshold 5 of 5 · points 12.0/15
- 6 Net cash (cash minus borrowings) / market cap: -53.1%  · threshold >= +10% · points 0.0/10

Inputs:
  - Price (close, per traded unit): 35.68 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - EPS diluted FY2025: 2.35 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - EPS diluted FY2020: -2.21 · 2020-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1300514/000130051423000021/ · unverified
  - debt_incl_current: 15262000000.0 · 2026-06-30 · SEC XBRL LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000085/ · unverified
  - equity: 581000000.0 · 2026-06-30 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000085/ · unverified
  - cash: 3376000000.0 · 2026-06-30 · SEC XBRL CashAndCashEquivalentsAtCarryingValue · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000085/ · unverified

### Graham Enterprising: 32.0 (ok) · complete: True · missing tests: none · current inputs as of 2026-06-30 · stale inputs: none · history 2020–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 10, 'not_cross_checked': 3} · computed 2026-10-26 · rules https://theclaudetrader.com/p/graham_enterprising
- 1 Current ratio: 1.0  · threshold >= 1.5 · points 0.0/15
- 2 Borrowings vs working capital: None  · threshold <= 1.1x · points 0.0/15
- 3 No earnings deficit in the last 5 years: 4 of 5 profitable  · threshold 5 of 5 · points 12.0/15
- 4 Pays a current dividend: yes  · threshold yes · points 10.0/10
- 5 EPS higher than five years earlier: -2.21 -> 2.35  · threshold higher · points 10.0/10
- 6 Price / book value per share: 38.5  · threshold <= 1.2 · points 0.0/20
- 7 Price / net current asset value per share (current assets minus all liabilities): None  · threshold <= 0.67 · points 0.0/15

Inputs:
  - Price (close, per traded unit): 35.68 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - current_assets: 4297000000.0 · 2026-06-30 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000085/ · unverified
  - current_liabilities: 4311000000.0 · 2026-06-30 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000085/ · unverified
  - Net income FY2021: -961000000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051424000048/ · unverified
  - Net income FY2022: 1832000000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051425000040/ · unverified
  - Net income FY2023: 1221000000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - Net income FY2024: 1446000000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - Net income FY2025: 1627000000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - Dividend years (Yahoo): [2017, 2018, 2019, 2020, 2023, 2024, 2025, 2026] ·  · Yahoo Finance dividend history · https://finance.yahoo.com/quote/LVS/history?filter=div
  - EPS diluted FY2025: 2.35 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - EPS diluted FY2020: -2.21 · 2020-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1300514/000130051423000021/ · unverified
  - equity: 581000000.0 · 2026-06-30 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000085/ · unverified
  - Shares outstanding: 626990133.0 · 2026-10-21 · SEC cover page 10-Q 0001300514-26-000103 (626,990,133 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1300514/000130051426000103/lvs-20260930.htm · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000103/R1.htm

### Piotroski F-Score: 88.9 (ok) · complete: True · missing tests: none · current inputs as of None · stale inputs: none · history 2024–2026 · price None · verification {'verified': 0, 'mismatch': 0, 'unverified': 27, 'not_cross_checked': 0} · computed 2026-10-26 · rules https://theclaudetrader.com/p/piotroski
- 1 Return on assets is positive: 7.4%  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 2 Operating cash flow is positive: 3,023M  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 3 Return on assets improved on the prior year: 7.0% -> 7.4%  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 4 Operating cash flow exceeds net income (accruals): 3,023M vs 1,627M  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 5 Long-term debt / assets fell: 51.3% -> 66.9%  · threshold pass = 1 · points 0.0/11.11111111111111
- 6 Current ratio improved: 0.74 -> 1.14  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 7 No new shares issued (share count did not rise): 676M -> 627M  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 8 Operating margin improved (stand-in for gross margin, which the dataset does not carry): 21.3% -> 21.6%  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 9 Asset turnover (revenue / assets) improved: 0.55 -> 0.59  · threshold pass = 1 · points 11.11111111111111/11.11111111111111

Inputs:
  - net_income 2025-12-31: 1627000000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - total_assets 2025-12-31: 21920000000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000085/ · unverified
  - cfo 2025-12-31: 3023000000.0 · 2025-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - net_income 2025-12-31: 1627000000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - net_income 2024-12-31: 1446000000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - total_assets 2025-12-31: 21920000000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000085/ · unverified
  - total_assets 2024-12-31: 20666000000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - cfo 2025-12-31: 3023000000.0 · 2025-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - net_income 2025-12-31: 1627000000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - lt_debt 2025-12-31: 14656000000.0 · 2025-12-31 · SEC XBRL LongTermDebtAndCapitalLeaseObligations · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000085/ · unverified
  - lt_debt 2024-12-31: 10592000000.0 · 2024-12-31 · SEC XBRL LongTermDebtAndCapitalLeaseObligations · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - total_assets 2025-12-31: 21920000000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000085/ · unverified
  - total_assets 2024-12-31: 20666000000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - current_assets 2025-12-31: 4832000000.0 · 2025-12-31 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000085/ · unverified
  - current_assets 2024-12-31: 4290000000.0 · 2024-12-31 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - current_liabilities 2025-12-31: 4222000000.0 · 2025-12-31 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000085/ · unverified
  - current_liabilities 2024-12-31: 5801000000.0 · 2024-12-31 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - shares_out 2026-10-21: 626990133.0 · 2026-10-21 · SEC cover page 10-Q 0001300514-26-000103 (626,990,133 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1300514/000130051426000103/lvs-20260930.htm · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000103/R1.htm · unverified
  - shares_out 2025-10-22: 676134487.0 · 2025-10-22 · SEC XBRL EntityCommonStockSharesOutstanding · https://www.sec.gov/Archives/edgar/data/1300514/000130051425000163/ · unverified
  - operating_income 2025-12-31: 2818000000.0 · 2025-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - operating_income 2024-12-31: 2402000000.0 · 2024-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - revenue 2025-12-31: 13017000000.0 · 2025-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - revenue 2024-12-31: 11298000000.0 · 2024-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - revenue 2025-12-31: 13017000000.0 · 2025-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - revenue 2024-12-31: 11298000000.0 · 2024-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified
  - total_assets 2025-12-31: 21920000000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000085/ · unverified
  - total_assets 2024-12-31: 20666000000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/ · unverified

## Market value, source trail

- Formula: market_value = traded_price (price date) / depositary_ratio x latest point-in-time SEC shares outstanding (share-count date shown; from the filing cover page, summed across share classes only where the issuer filing verifies the classes are economically equivalent (rule + evidence URL in the source text), else withheld; priced at the primary listed class, so where other classes trade at a different price the value is an approximation; restated only for issuer-verified splits after the count date); weighted-average share counts are never used
- Traded price: 35.68 on 2026-10-23 (USD per traded unit (share or ADS)) · https://docs.alpaca.markets/docs/historical-stock-data-1
- SEC shares outstanding: 626,990,133 underlying shares, period 2026-10-21, SEC cover page 10-Q 0001300514-26-000103 (626,990,133 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1300514/000130051426000103/lvs-20260930.htm, accession 0001300514-26-000103 · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000103/R1.htm
- Depositary ratio: 1.0 (domestic; 10-K filer; SEC shares are the traded units) · None
- Market value (price date x latest reported shares): 22,371,007,945 USD; 35.68 (price 2026-10-23) / 1 x 626,990,133 (shares at 2026-10-21) = 22,371,007,945

## Revenue by fiscal year (SEC XBRL; FY = calendar year in which the fiscal year ends)

- FY2013 (ended 2013-12-31): 13769885000.0 · https://www.sec.gov/Archives/edgar/data/1300514/000130051416000023/
- FY2014 (ended 2014-12-31): 14584000000.0 · https://www.sec.gov/Archives/edgar/data/1300514/000130051417000005/
- FY2015 (ended 2015-12-31): 11688000000.0 · https://www.sec.gov/Archives/edgar/data/1300514/000130051418000022/
- FY2016 (ended 2016-12-31): 11271000000.0 · https://www.sec.gov/Archives/edgar/data/1300514/000130051419000021/
- FY2017 (ended 2017-12-31): 12728000000.0 · https://www.sec.gov/Archives/edgar/data/1300514/000130051420000011/
- FY2018 (ended 2018-12-31): 13729000000.0 · https://www.sec.gov/Archives/edgar/data/1300514/000130051421000033/
- FY2019 (ended 2019-12-31): 12127000000.0 · https://www.sec.gov/Archives/edgar/data/1300514/000130051422000007/
- FY2020 (ended 2020-12-31): 2940000000.0 · https://www.sec.gov/Archives/edgar/data/1300514/000130051423000021/
- FY2021 (ended 2021-12-31): 4234000000.0 · https://www.sec.gov/Archives/edgar/data/1300514/000130051424000048/
- FY2022 (ended 2022-12-31): 4110000000.0 · https://www.sec.gov/Archives/edgar/data/1300514/000130051425000040/
- FY2023 (ended 2023-12-31): 10372000000.0 · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/
- FY2024 (ended 2024-12-31): 11298000000.0 · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/
- FY2025 (ended 2025-12-31): 13017000000.0 · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/

## Net income by fiscal year (SEC XBRL)

- FY2013 (ended 2013-12-31): 2305997000.0 · https://www.sec.gov/Archives/edgar/data/1300514/000130051416000023/
- FY2014 (ended 2014-12-31): 2841000000.0 · https://www.sec.gov/Archives/edgar/data/1300514/000130051417000005/
- FY2015 (ended 2015-12-31): 1966000000.0 · https://www.sec.gov/Archives/edgar/data/1300514/000130051418000022/
- FY2016 (ended 2016-12-31): 1679000000.0 · https://www.sec.gov/Archives/edgar/data/1300514/000130051419000021/
- FY2017 (ended 2017-12-31): 2808000000.0 · https://www.sec.gov/Archives/edgar/data/1300514/000130051420000011/
- FY2018 (ended 2018-12-31): 2413000000.0 · https://www.sec.gov/Archives/edgar/data/1300514/000130051421000033/
- FY2019 (ended 2019-12-31): 2698000000.0 · https://www.sec.gov/Archives/edgar/data/1300514/000130051422000007/
- FY2020 (ended 2020-12-31): -1685000000.0 · https://www.sec.gov/Archives/edgar/data/1300514/000130051423000021/
- FY2021 (ended 2021-12-31): -961000000.0 · https://www.sec.gov/Archives/edgar/data/1300514/000130051424000048/
- FY2022 (ended 2022-12-31): 1832000000.0 · https://www.sec.gov/Archives/edgar/data/1300514/000130051425000040/
- FY2023 (ended 2023-12-31): 1221000000.0 · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/
- FY2024 (ended 2024-12-31): 1446000000.0 · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/
- FY2025 (ended 2025-12-31): 1627000000.0 · https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/

## EPS diluted by fiscal year (split-adjusted to today's share basis; as filed in brackets)

- FY2013 (ended 2013-12-31): 2.79 [filed 2.79, split factor 1.0]
- FY2014 (ended 2014-12-31): 3.52 [filed 3.52, split factor 1.0]
- FY2015 (ended 2015-12-31): 2.47 [filed 2.47, split factor 1.0]
- FY2016 (ended 2016-12-31): 2.11 [filed 2.11, split factor 1.0]
- FY2017 (ended 2017-12-31): 3.55 [filed 3.55, split factor 1.0]
- FY2018 (ended 2018-12-31): 3.07 [filed 3.07, split factor 1.0]
- FY2019 (ended 2019-12-31): 3.5 [filed 3.5, split factor 1.0]
- FY2020 (ended 2020-12-31): -2.21 [filed -2.21, split factor 1.0]
- FY2021 (ended 2021-12-31): -1.26 [filed -1.26, split factor 1.0]
- FY2022 (ended 2022-12-31): 2.4 [filed 2.4, split factor 1.0]
- FY2023 (ended 2023-12-31): 1.6 [filed 1.6, split factor 1.0]
- FY2024 (ended 2024-12-31): 1.96 [filed 1.96, split factor 1.0]
- FY2025 (ended 2025-12-31): 2.35 [filed 2.35, split factor 1.0]

## Dividend years (Yahoo history)

2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2023, 2024, 2025, 2026

## Insider transactions (SEC Form 4 data set, latest 40)

- 2026-04-27 S Forman Charles D (director) 11400 @ 54.09 = 616626 · https://www.sec.gov/Archives/edgar/data/1300514/000130534926000002/

## Links

- sec_filings: https://www.sec.gov/edgar/browse/?CIK=0001300514
- sec_xbrl_companyfacts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001300514.json
- sec_form4: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001300514&type=4
- sec_8k: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001300514&type=8-K
- yahoo: https://finance.yahoo.com/quote/LVS
- stooq: https://stooq.com/q/d/?s=lvs.us
- morningstar (link only, nothing stored): https://www.morningstar.com/search?query=LVS
- finviz (link only, nothing stored): https://finviz.com/quote.ashx?t=LVS
- stockanalysis (link only, nothing stored): https://stockanalysis.com/stocks/lvs/
- seeking_alpha (link only, nothing stored): https://seekingalpha.com/symbol/LVS
- openinsider (link only, nothing stored): http://openinsider.com/search?q=LVS
- google_news (link only, nothing stored): https://news.google.com/rss/search?q=LVS+stock

Cite as: The Claude Trader snapshot 2026-10-26, https://theclaudetrader.com/s/LVS; data from SEC EDGAR XBRL and market prices (Alpaca Market Data, Yahoo Finance) to 2026-10-23.

Scores are deterministic rule outputs from public filings. fair_value_model is a labelled model estimate from the same filings (method at /fair-value), not an opinion or recommendation.