LAS VEGAS SANDS CORP. (LVS) Spending and interest coverage
- R&D / revenue · 12 months: Value 1.57%; Formula and calculation Research and development expense / revenue. Period ending 2026-06-30..
- Stock-based compensation / revenue · 12 months: Value 0.48%; Formula and calculation Share-based compensation / revenue. Period ending 2026-06-30..
- Interest coverage · 12 months: Value 3.90×; Formula and calculation Operating income ÷ reported interest expense..
Spending and interest coverage
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| R&D / revenue · 12 months | 1.57% | Research and development expense / revenue. Period ending 2026-06-30. $215.00M ÷ $13.72B × 100 ≈ 1.57% |
| Stock-based compensation / revenue · 12 months | 0.48% | Share-based compensation / revenue. Period ending 2026-06-30. $66.00M ÷ $13.72B × 100 ≈ 0.48% |
| Interest coverage · 12 months | 3.90× | Operating income ÷ reported interest expense. $2.95B ÷ $755.00M ≈ 3.90× |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Research and development spending | 215.00M USD | Research and Development Expense |
| Revenue | 13.72B USD | |
| Stock-based compensation | 66.00M USD | Share-based Payment Arrangement, Noncash Expense |
| Operating income | 2.95B USD | Operating Income (Loss) |
| Interest expense · reported / estimated | 755.00M USD | Interest Expense · Estimated expense assumptions |
Latest interest expense basis: Reported. Estimated values carry *; expand each history row’s basis for its dated balances and rate assumptions.
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Research and development spending (USD) | Revenue (USD) | Stock-based compensation (USD) | Operating income (USD) | Interest expense · reported / estimated (USD) | R&D / revenue | SBC / revenue | Interest coverage | Interest expense basis |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | $215.00M | $13.72B | $66.00M | $2.95B | $755.00M | 1.57% | 0.48% | 3.90× | Reported |
| 2026-03-31 | $241.00M | $13.74B | $67.00M | $3.11B | $760.00M | 1.75% | 0.49% | 4.10× | Reported |
| 2025-12-31 | $269.00M | $13.02B | $54.00M | $2.82B | $746.00M | 2.07% | 0.41% | 3.78× | Reported |
| 2025-09-30 | $269.00M | $12.26B | $52.00M | $2.70B | $735.00M | 2.19% | 0.42% | 3.67× | Reported |
| 2025-06-30 | $252.00M | $11.62B | $51.00M | $2.49B | $727.00M | 2.17% | 0.44% | 3.42× | Reported |
| 2025-03-31 | $244.00M | $11.20B | $52.00M | $2.29B | $719.00M | 2.18% | 0.46% | 3.19× | Reported |
| 2024-12-31 | $228.00M | $11.30B | $55.00M | $2.40B | $727.00M | 2.02% | 0.49% | 3.30× | Reported |
| 2024-09-30 | $234.00M | $11.32B | $53.00M | $2.52B | $737.00M | 2.07% | 0.47% | 3.42× | Reported |
| 2024-06-30 | $223.00M | $11.43B | $51.00M | $2.71B | $758.00M | 1.95% | 0.45% | 3.57× | Reported |
| 2024-03-31 | $216.00M | $11.21B | $47.00M | $2.65B | $782.00M | 1.93% | 0.42% | 3.39× | Reported |
| 2023-12-31 | $205.00M | $10.37B | $44.00M | $2.31B | $818.00M | 1.98% | 0.42% | 2.83× | Reported |
| 2023-09-30 | (m) | $8.57B | $42.00M | $1.44B | $829.00M | (m) | 0.49% | 1.73× | Reported |
| 2023-06-30 | (m) | $6.78B | $41.00M | $572.00M | $812.00M | (m) | 0.60% | 0.70× | Reported |
| 2023-03-31 | (m) | $5.29B | $40.00M | $-112.00M | $764.00M | (m) | 0.76% | -0.15× | Reported |
| 2022-12-31 | (m) | $4.11B | $39.00M | $-792.00M | $702.00M | (m) | 0.95% | -1.13× | Reported |
| 2022-09-30 | (m) | $4.00B | $37.00M | $-764.00M | $653.00M | (m) | 0.92% | -1.17× | Reported |
| 2022-06-30 | (m) | $3.85B | $33.00M | $-903.00M | $627.00M | (m) | 0.86% | -1.44× | Reported |
| 2022-03-31 | (m) | $3.98B | $28.00M | $-895.00M | $623.00M | (m) | 0.70% | -1.44× | Reported |
| 2021-12-31 | (m) | $4.23B | $22.00M | $-689.00M | $621.00M | (m) | 0.52% | -1.11× | Reported |
| 2021-09-30 | (m) | $4.91B | $20.00M | $-965.00M | $629.00M | (m) | 0.41% | -1.53× | Reported |
| 2021-06-30 | (m) | $4.50B | $19.00M | $-1.17B | $606.00M | (m) | 0.42% | -1.93× | Reported |
| 2021-03-31 | (m) | $3.39B | $19.00M | $-1.79B | $562.00M | (m) | 0.56% | -3.19× | Reported |
| 2020-12-31 | (m) | $3.61B | $22.00M | $-1.69B | $536.00M | (m) | 0.61% | -3.15× | Reported |
| 2020-09-30 | (m) | $5.97B | $26.00M | $-543.00M | $520.00M | (m) | 0.44% | -1.04× | Reported |
| 2020-06-30 | (m) | $8.64B | $29.00M | $966.00M | $520.00M | (m) | 0.34% | 1.86× | Reported |
| 2020-03-31 | (m) | $11.88B | $33.00M | $2.78B | $545.00M | (m) | 0.28% | 5.10× | Reported |
| 2019-12-31 | (m) | $13.74B | $35.00M | $3.70B | $555.00M | (m) | 0.25% | 6.66× | Reported |
| 2019-09-30 | (m) | $13.71B | $33.00M | $3.64B | $559.00M | (m) | 0.24% | 6.51× | Reported |
| 2019-06-30 | (m) | $13.83B | $33.00M | $3.66B | $548.00M | (m) | 0.24% | 6.68× | Reported |
| 2019-03-31 | (m) | $13.80B | $31.00M | $3.56B | $498.00M | (m) | 0.22% | 7.16× | Reported |
| 2018-12-31 | (m) | $13.73B | $30.00M | $3.75B | $446.00M | (m) | 0.22% | 8.41× | Reported |
| 2018-09-30 | (m) | (m) | $31.00M | $3.90B | $395.00M | (m) | (m) | 9.88× | Reported |
| 2018-06-30 | (m) | (m) | $31.00M | $3.84B | $352.00M | (m) | (m) | 10.90× | Reported |
| 2018-03-31 | (m) | $13.39B | $32.00M | $3.86B | $338.00M | (m) | 0.24% | 11.41× | Reported |
| 2017-12-31 | (m) | $12.88B | $34.00M | $3.46B | $327.00M | (m) | 0.26% | 10.59× | Reported |
| 2017-09-30 | (m) | $12.52B | $32.00M | $3.10B | $316.00M | (m) | 0.26% | 9.82× | Reported |
| 2017-06-30 | (m) | $12.29B | $31.00M | $2.97B | $298.00M | (m) | 0.25% | 9.96× | Reported |
| 2017-03-31 | (m) | $11.80B | $31.00M | $2.67B | $283.00M | (m) | 0.26% | 9.43× | Reported |
| 2016-12-31 | (m) | $11.41B | $34.00M | $2.49B | $274.00M | (m) | 0.30% | 9.10× | Reported |
| 2016-09-30 | (m) | $11.20B | $36.90M | $2.53B | $264.08M | (m) | 0.33% | 9.57× | Reported |
| 2016-06-30 | (m) | $11.12B | $39.77M | $2.55B | $265.85M | (m) | 0.36% | 9.57× | Reported |
| 2016-03-31 | (m) | $11.39B | $46.73M | $2.72B | $267.61M | (m) | 0.41% | 10.15× | Reported |
| 2015-12-31 | (m) | $11.69B | $45.80M | $2.84B | $265.22M | (m) | 0.39% | 10.71× | Reported |
| 2015-09-30 | (m) | $12.24B | $46.81M | $3.16B | $265.70M | (m) | 0.38% | 11.90× | Reported |
| 2015-06-30 | (m) | $12.88B | $49.07M | $3.39B | $265.52M | (m) | 0.38% | 12.78× | Reported |
| 2015-03-31 | (m) | $13.59B | $44.16M | $3.67B | $269.31M | (m) | 0.33% | 13.61× | Reported |
| 2014-12-31 | (m) | $14.58B | $48.06M | $4.10B | $274.18M | (m) | 0.33% | 14.95× | Reported |
| 2014-09-30 | (m) | $14.82B | $51.35M | $3.96B | $274.58M | (m) | 0.35% | 14.43× | Reported |
| 2014-06-30 | (m) | $14.86B | $53.05M | $3.91B | $274.72M | (m) | 0.36% | 14.22× | Reported |
| 2014-03-31 | (m) | $14.48B | $54.86M | $3.73B | $273.50M | (m) | 0.38% | 13.62× | Reported |
| 2013-12-31 | (m) | $13.77B | $53.38M | $3.41B | $271.21M | (m) | 0.39% | 12.57× | Reported |
| 2013-09-30 | (m) | $13.19B | $54.96M | $3.19B | $271.19M | (m) | 0.42% | 11.78× | Reported |
| 2013-06-30 | (m) | $12.33B | $59.07M | $2.81B | $266.57M | (m) | 0.48% | 10.55× | Reported |
| 2013-03-31 | (m) | $11.67B | $60.88M | $2.43B | $262.72M | (m) | 0.52% | 9.25× | Reported |
| 2012-12-31 | (m) | $11.13B | $65.43M | $2.31B | $258.56M | (m) | 0.59% | 8.94× | Reported |
| 2012-09-30 | (m) | $10.60B | $65.74M | $2.30B | $259.51M | (m) | 0.62% | 8.87× | Reported |
| 2012-06-30 | (m) | $10.30B | $62.29M | $2.40B | $267.98M | (m) | 0.60% | 8.96× | Reported |
| 2012-03-31 | (m) | $10.06B | $61.64M | $2.61B | $274.04M | (m) | 0.61% | 9.53× | Reported |
| 2011-12-31 | (m) | $9.41B | $62.71M | $2.39B | $282.95M | (m) | 0.67% | 8.45× | Reported |
| 2011-09-30 | (m) | $8.88B | $62.71M | $2.22B | $289.88M | (m) | 0.71% | 7.64× | Reported |
| 2011-06-30 | $3.94M | $8.38B | $62.38M | $1.97B | $295.84M | 0.05% | 0.74% | 6.65× | Reported |
| 2011-03-31 | $2.20M | $7.63B | $63.17M | $1.52B | $302.23M | 0.03% | 0.83% | 5.04× | Reported |
| 2010-12-31 | $1.78M | $6.85B | $58.02M | $1.18B | $306.81M | 0.03% | 0.85% | 3.85× | Reported |
| 2010-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2010-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2010-03-31 | (m) | $4.82B | (m) | $76.80M | (m) | (m) | (m) | (m) | (m) |
| 2009-12-31 | $533.00K | $4.56B | $45.55M | $-28.74M | $321.87M | 0.01% | 1.00% | -0.09× | Reported |
| 2009-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2009-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2009-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2008-12-31 | $12.79M | $4.39B | $53.85M | $163.66M | $421.82M | 0.29% | 1.23% | 0.39× | Reported |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.
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