LVSNEUTRAL

LVS Gross Margin Analysis

46.9%

Updated 30h ago·SEC filings & market data

Key Takeaway

Gross margin is the percentage of revenue kept after paying direct production costs, so 46.9% means LVS retains $0.469 per dollar of sales before other expenses.

Sector Performance

50th percentile

LVS

46.9%

Sector Median

46.5%

Sector Avg

47.6%

Prior Period

48.8%(Jul 2026)

↓ Declining

📊

Deep Analysis

Gross margin is the percentage of revenue kept after paying direct production costs, so 46.9% means LVS retains $0.469 per dollar of sales before other expenses.

This sits above the sector median of 44.6%, placing LVS in the 54th percentile among peers. The year-over-year change is not available, but the quarter-over-quarter change is -3.9%, and the trend over the last 8 quarters is also not available; the two most recent values are 46.9% and 48.8%. The combination of a margin slightly above the sector average with a recent quarterly decline suggests a modest near-term headwind rather than a clear structural problem. This implies some pressure on profitability that could trim returns, but the level still remains competitive. Overall, this metric supports the NEUTRAL verdict because it neither signals a strong competitive advantage nor a serious deterioration.

Frequently Asked Questions

What does the Gross Margin tell investors about LVS?

Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.

How is the Gross Margin calculated?

Gross Margin is calculated as: Gross Profit / Revenue.

Who are LVS's closest peers by Gross Margin?

The closest peers by Gross Margin include: HII (12.6%), EXPD (12.3%), VLO (12.3%), LMT (12.2%), EPD (12.1%).

📚

Learn More About Gross Margin

Gross Margin vs Net Margin: Why the Gap Between Them Tells You Everything

Gross margin vs net margin: learn what the spread between them reveals about operating leverage, cost structure, and early warning signs in any stock.

The Formula

Gross Profit / Revenue

Why It Matters

Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.