LVS vs MGM
Las Vegas Sands (LVS) and MGM Resorts (MGM) compared side by side. Las Vegas Sands (LVS) is larger, with a market cap of $23.1B versus $7.2B for MGM Resorts, about 3.2 times the size. On trailing earnings, LVS is cheaper at 14.6x versus 17.3x for MGM.
Head to head
| Metric | LVS | MGM |
|---|---|---|
| Market cap | $23.1B | $7.2B |
| P/E (TTM) | 14.6x | 17.3x |
| Forward P/E | 11.2x | 15.9x |
| Revenue (TTM) | $13.6B | $17.8B |
| Revenue growth | -3.5% | 1.0% |
| Gross margin | 78.6% | 44.2% |
| Operating margin | 19.3% | 6.8% |
| Free cash flow | $2.7B | $1.5B |
| Dividend yield | 3.36% | None |
| 1-year return | -35.9% | -15.1% |
| 5-year return (annual) | +0.0% | -10.2% |
| Max drawdown | -99% | -98% |
| FI Handbook grade | B | B- |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
LVS vs MGM FAQ
Which is bigger, LVS or MGM?
Las Vegas Sands (LVS) is larger, with a market cap of $23.1B versus $7.2B for MGM Resorts, about 3.2 times the size.
Is LVS or MGM cheaper?
On trailing earnings, LVS is cheaper at 14.6x versus 17.3x for MGM. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, LVS or MGM?
MGM returned -15.1% over the past year including dividends, versus -35.9% for LVS, through October 23, 2026.
Which pays a higher dividend, LVS or MGM?
LVS yields 3.36%; MGM does not pay a dividend.
Full pages: Las Vegas Sands · MGM Resorts