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Las Vegasnds (WBO:LVSC) Pretax Margin % : 20.28% (As of Mar. 2024)


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What is Las Vegasnds Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Las Vegasnds's Pre-Tax Income for the three months ended in Mar. 2024 was €552 Mil. Las Vegasnds's Revenue for the three months ended in Mar. 2024 was €2,722 Mil. Therefore, Las Vegasnds's pretax margin for the quarter that ended in Mar. 2024 was 20.28%.

The historical rank and industry rank for Las Vegasnds's Pretax Margin % or its related term are showing as below:

WBO:LVSC' s Pretax Margin % Range Over the Past 10 Years
Min: -63.81   Med: 21.26   Max: 29.69
Current: 19.45


WBO:LVSC's Pretax Margin % is ranked better than
80.49% of 820 companies
in the Travel & Leisure industry
Industry Median: 6.31 vs WBO:LVSC: 19.45

Las Vegasnds Pretax Margin % Historical Data

The historical data trend for Las Vegasnds's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Las Vegasnds Pretax Margin % Chart

Las Vegasnds Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.69 -63.81 -34.81 -33.75 17.11

Las Vegasnds Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.20 16.40 20.43 20.31 20.28

Competitive Comparison of Las Vegasnds's Pretax Margin %

For the Resorts & Casinos subindustry, Las Vegasnds's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Las Vegasnds's Pretax Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Las Vegasnds's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Las Vegasnds's Pretax Margin % falls into.



Las Vegasnds Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Las Vegasnds's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=1627.675/9511.124
=17.11 %

Las Vegasnds's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=552/2722.28
=20.28 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Las Vegasnds  (WBO:LVSC) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Las Vegasnds Pretax Margin % Related Terms

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Las Vegasnds (WBO:LVSC) Business Description

Address
5500 Haven Street, Las Vegas, NV, USA, 89119
Las Vegas Sands is the world's largest operator of fully integrated resorts, featuring casino, hotel, entertainment, food and beverage, retail, and convention center operations. The company owns the Venetian Macao, Sands Macao, Londoner Macao, Four Seasons Hotel Macao, and Parisian Macao, as well as the Marina Bay Sands resort in Singapore. Its Venetian and Palazzo Las Vegas assets in the U.S. were sold to Apollo and VICI for $6.25 billion in 2022. We expect Sands to open a fourth tower in Singapore in 2029. With the sale of its Vegas assets, the company generates all its EBITDA from Asia, with its casino operations generating the majority of sales.

Las Vegasnds (WBO:LVSC) Headlines

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