LAS VEGAS SANDS CORP. LVS Income Statement

Las vegas sands corp. (LVS)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Revenues:
Net revenues
11,875	13,739	13,705	13,827	13,796	13,729	13,645	13,434	13,240	12,728	12,273	12,081	11,621	11,271	11,196	11,120	11,393	11,688	12,242	12,882	13,585	14,584	14,823	14,858	14,477	13,769	13,191	12,332	11,671	11,131	10,598	10,298	10,061	9,410	8,881	8,380	7,630	6,853	5,979	5,129	0	0	0
Gross revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,940	11,840	12,109	12,414	13,000	13,668	14,403	15,426	15,670	15,680	15,257	14,494	13,852	12,945	12,253	11,684	11,124	10,809	10,544	9,862	9,314	8,824	8,081	7,317	6,428	5,525	0	0	0
Less promotional allowances
-	-	-	-	-	-	-	-	-	-	-	-	-	-	744	719	716	726	757	786	818	842	846	821	780	724	661	613	582	553	525	510	483	451	433	443	451	464	449	396	0	0	0
Operating expenses:
Provision for credit losses
44	30	24	25	25	5	15	33	48	96	111	139	160	173	168	150	143	156	170	168	182	187	198	222	235	237	238	255	251	239	241	202	167	150	117	121	116	97	102	85	0	0	0
General and administrative
1,452	1,502	1,513	1,515	1,507	1,483	1,444	1,437	1,423	1,417	1,408	1,379	1,327	1,287	1,243	1,227	1,241	1,267	1,206	1,234	1,245	1,258	1,356	1,395	1,375	1,329	1,294	1,182	1,133	1,061	908	880	845	836	865	818	767	683	619	550	0	0	0
Corporate Expense
220	313	320	316	298	202	182	178	187	173	183	171	251	256	256	255	177	176	163	168	169	175	186	182	183	189	186	202	214	207	213	213	197	185	164	139	122	108	95	131	0	0	0
Rental expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	37	36	0	0	0
Pre-Opening Costs
35	34	24	17	9	6	6	5	7	8	9	94	123	130	146	69	47	48	37	25	31	26	21	25	10	13	18	56	99	143	157	133	107	65	60	54	86	114	126	158	0	0	0
Research and Development Expense (Excluding Acquired in Process Cost)
25	24	16	16	14	12	14	13	13	13	10	10	10	9	9	10	10	10	12	11	13	14	9	10	12	15	22	23	24	19	17	16	11	11	6	3	2	1	1	0	0	0	0
Depreciation, Depletion and Amortization, Nonproduction
1,154	1,165	1,163	1,163	1,148	1,111	1,080	1,061	1,114	1,171	1,232	1,244	1,172	1,111	1,040	1,011	1,005	999	1,005	1,008	1,023	1,031	1,031	1,028	1,015	1,007	1,002	980	949	892	839	813	798	794	780	767	732	694	659	616	0	0	0
Amortization Of Leasehold Interests In Land
56	51	46	40	35	35	35	36	36	37	37	38	38	38	38	38	39	39	39	40	40	41	40	40	40	40	40	40	40	40	40	40	40	43	0	0	0	-	-	-	-	-	-
Gain (Loss) on Sale of Assets and Asset Impairment Charges
-88	-90	-54	-47	-152	-150	-107	-124	-22	-20	-91	-75	-83	-79	-31	-27	-18	-35	-20	-20	-21	-7	-6	-8	-9	-11	-10	-7	-3	-2	-2	-3	-10	-10	-87	-83	-38	-38	39	32	0	0	0
Impairment loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	143	0	0	0	-	-	-	-	-	0	-	-	-	0
Total operating expenses
9,093	10,041	10,067	10,166	10,232	9,978	9,740	9,596	9,382	9,264	9,159	9,102	8,941	8,769	8,670	8,576	8,677	8,847	9,081	9,488	9,918	10,485	10,860	10,952	10,752	10,361	9,997	9,518	9,240	8,819	8,295	7,897	7,450	7,020	6,666	6,414	6,105	5,672	5,224	4,929	0	0	0
Operating income
2,782	3,698	3,638	3,661	3,564	3,751	3,905	3,838	3,858	3,464	3,114	2,979	2,680	2,502	2,525	2,544	2,715	2,841	3,161	3,394	3,666	4,099	3,962	3,906	3,725	3,408	3,194	2,813	2,430	2,311	2,302	2,401	2,611	2,389	2,215	1,966	1,524	1,180	754	199	0	0	0
Other income (expense):
Interest income
67	74	80	82	74	59	41	23	18	16	15	13	11	10	8	8	10	15	21	24	26	26	22	20	18	16	17	17	21	23	22	20	17	14	11	11	9	8	7	7	0	0	0
Interest expense, net of amounts capitalized
545	555	559	548	498	446	395	352	338	327	316	298	283	274	263	265	267	265	265	265	269	274	274	274	273	271	271	266	262	258	259	267	274	282	289	295	302	306	320	308	0	0	0
Other income (expense)
81	23	-16	7	31	26	20	-15	-84	-94	-16	24	42	31	-33	-38	-31	31	35	19	22	2	-3	0	1	4	10	9	7	5	6	-2	-2	-3	-11	1	-6	-8	-7	-13	0	0	0
Gain on sale of Sands Bethlehem
-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on modification or early retirement of debt
-	-	-33	-61	-	-64	-55	-3	-3	-5	-7	-10	-10	-5	-3	0	0	-	0	-	-	-20	-34	-32	-32	-14	0	0	-16	-19	0	0	0	-	-	-	-	-18	-18	0	0	0	-
Income (loss) before income taxes
2,917	3,772	3,666	3,697	3,110	3,326	3,516	3,491	3,451	3,054	2,790	2,708	2,440	2,264	2,233	2,248	2,427	2,622	2,953	3,171	3,443	3,833	3,673	3,620	3,439	3,143	2,950	2,573	2,179	2,062	2,030	2,109	2,327	2,094	1,925	1,661	1,204	855	415	-111	0	0	0
Income Tax Expense (Benefit)
408	468	1,185	1,186	1,031	375	-836	-846	-849	-209	272	268	245	239	249	252	243	236	265	240	241	245	193	191	192	188	194	181	173	180	195	214	229	211	179	152	106	74	100	21	0	0	0
Net income (loss)
2,509	3,304	2,481	2,511	2,079	2,951	4,352	4,337	4,300	3,263	2,518	2,440	2,195	2,025	1,984	1,996	2,183	2,386	2,688	2,930	3,202	3,588	3,479	3,428	3,247	2,954	2,756	2,391	2,006	1,881	1,834	1,895	2,097	1,883	1,745	1,508	1,098	781	314	-132	0	0	0
Net (income) loss attributable to noncontrolling interests
394	606	582	574	540	538	557	544	517	455	404	382	355	346	357	363	409	420	466	556	625	747	782	776	737	648	593	505	409	357	310	295	327	322	294	268	227	182	117	60	0	0	0
Net income (loss) attributable to Las Vegas Sands Corp.
2,115	2,698	1,899	1,937	1,539	2,413	3,795	3,793	3,783	2,808	2,114	2,058	1,840	1,679	1,626	1,632	1,774	1,966	2,222	2,374	2,576	2,841	2,696	2,651	2,510	2,305	2,163	1,886	1,597	1,524	1,524	1,599	1,769	1,560	1,450	1,239	871	599	197	-193	0	0	0
Preferred stock dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	63	80	84	89	92	93	93	0	0	0
Accretion to redemption value of preferred stock issued to Principal Stockholders family
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	80	92	92	92	92	92	92	0	0	0
Preferred stock inducement, repurchase and redemption premiums
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	145	0	0	0	-	-	0	0	-	-
Net income attributable to common stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,269	1,222	1,036	664	407	11	-378	0	0	0
Earnings per share:
Basic (in usd per share)
0.00	0.82	0.69	1.24	0.75	-0.21	0.73	0.70	1.85	1.53	0.72	0.69	0.61	0.65	0.65	0.41	0.40	0.59	0.65	0.59	0.64	0.90	0.84	0.83	0.95	0.71	0.76	0.64	0.69	0.51	0.43	0.29	0.66	0.44	0.48	0.50	0.32	0.41	0.25	-0.01	-0.04	-0.19	-
Diluted (in usd per share)
0.00	0.82	0.69	1.24	0.75	-0.20	0.73	0.70	1.84	1.53	0.72	0.69	0.61	0.65	0.65	0.41	0.40	0.59	0.65	0.59	0.64	0.91	0.83	0.83	0.95	0.70	0.76	0.64	0.69	0.53	0.42	0.29	0.61	0.39	0.44	0.45	0.28	0.35	0.21	-0.01	-0.04	-0.19	-
Weighted Average Number of Shares Outstanding, Diluted [Abstract]
Weighted Average Number of Shares Outstanding, Basic
764	769	769	772	774	780	786	789	789	791	791	792	794	796	795	795	794	795	796	797	797	799	803	807	814	818	823	823	823	822	821	821	760	731	729	728	723	688	660	660	660	660	-
Weighted Average Number of Shares Outstanding, Diluted
764	768	769	772	775	777	787	790	790	789	792	792	795	795	795	795	795	797	797	798	798	800	804	809	817	822	826	827	827	827	825	826	818	812	812	811	811	1,057	789	660	660	660	-
Dividends declared per common share (in usd per share)
-	-	-	-	-	-	-	-	-	-	0.73	0.73	0.73	-	0.72	0.72	0.72	0.65	0.65	0.65	0.65	0.50	0.50	0.50	0.50	0.35	0.35	0.35	0.35	3.00	0.25	0.25	0.25	-	-	-	-	-	-	-	-	-	-
Basic and diluted loss per share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0
Basic and diluted weighted average shares outstanding
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	658
Casino [Member]
Net revenues
8,344	9,828	9,804	9,896	9,881	9,819	9,774	9,631	9,528	9,086	8,150	8,187	7,961	7,886	8,568	8,503	8,788	9,083	9,642	10,297	11,008	12,004	12,274	12,361	12,022	11,386	10,867	10,084	9,477	9,008	8,542	8,244	8,039	7,437	7,033	6,703	6,135	5,533	4,838	4,062	0	0	0
Cost of revenue
4,572	5,304	5,390	5,494	5,516	5,448	5,338	5,209	5,054	4,876	4,418	4,401	4,338	4,365	4,744	4,796	4,999	5,114	5,412	5,797	6,172	6,705	6,962	6,995	6,825	6,483	6,168	5,779	5,446	5,128	4,791	4,506	4,293	4,007	3,770	3,659	3,476	3,249	2,966	2,616	0	0	0
Rooms [Member]
Net revenues
1,570	1,752	1,753	1,749	1,738	1,733	1,714	1,684	1,633	1,586	1,546	1,543	1,531	1,499	1,490	1,468	1,464	1,470	1,480	1,487	1,511	1,540	1,544	1,506	1,455	1,380	1,321	1,260	1,211	1,154	1,096	1,071	1,035	1,000	951	897	848	797	735	689	0	0	0
Cost of revenue
426	444	440	440	438	438	433	430	420	411	481	442	406	370	261	261	261	262	260	259	258	257	262	265	267	271	268	258	253	237	229	224	214	210	195	178	162	143	128	123	0	0	0
Food and Beverage [Member]
Net revenues
804	897	878	874	869	865	871	868	844	828	787	779	771	747	760	764	755	757	752	749	765	779	778	767	747	730	707	675	660	628	616	620	606	598	570	540	499	446	388	358	0	0	0
Cost of revenue
663	702	688	685	679	673	668	664	652	640	749	695	642	584	413	412	405	403	396	392	392	393	387	379	373	369	367	356	349	331	328	322	314	307	281	260	235	207	180	174	0	0	0
Mall [Member]
Net revenues
659	716	701	696	694	690	665	655	650	651	645	632	613	591	582	575	571	564	578	588	572	554	538	516	504	481	450	425	410	396	374	360	340	325	0	0	0	-	-	-	-	-	-
Cost of revenue
78	78	79	79	79	79	78	78	78	77	73	70	66	64	59	58	59	61	62	65	67	70	73	73	73	73	70	70	69	68	66	65	63	59	0	0	0	-	-	-	-	-	-
Convention, Retail and Other [Member]
Net revenues
498	546	569	612	614	622	621	596	585	577	581	588	567	548	539	528	529	540	546	545	545	549	534	529	526	515	505	499	493	497	494	512	522	501	353	366	354	354	466	414	0	0	0
Cost of revenue
280	304	310	329	332	336	340	328	328	325	357	344	325	303	255	256	267	277	292	294	298	321	323	324	329	317	307	305	303	304	315	331	342	338	284	271	247	230	250	243	0	0	0