Las Vegas Sands (LVS) vs MGM Resorts International (MGM)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
MGM Resorts International (MGM) has outperformed Las Vegas Sands (LVS) over the past year, losing 9.4% versus a loss of 30.9%. Over five years, LVS leads with a -10.7% price change compared with -37.4% for MGM. Las Vegas Sands is the larger company by market cap ($23.38 billion vs $7.68 billion), about 3.0 times the size.
On valuation, Las Vegas Sands trades at a lower forward P/E (10.3x vs 15.2x for MGM Resorts International). Las Vegas Sands pays a dividend yielding 3.19%, while MGM Resorts International does not currently pay one. Las Vegas Sands converts more of its revenue into profit, with a net margin of 12.5% versus 1.2%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | LVS | MGM |
|---|---|---|
| Share price | $36.10 | $30.01 |
| Market cap | $23.38B | $7.68B |
| 1-day change | +0.81% | +0.03% |
| YTD return | -44.98% | -17.79% |
| 1-year return | -30.87% | -9.42% |
| 5-year return | -10.70% | -37.43% |
| P/E ratio (TTM) | 14.05 | 18.52 |
| Forward P/E | 10.30 | 15.19 |
| EPS (TTM) | $2.57 | $1.62 |
| Dividend yield | 3.19% | 0.00% |
| Annual dividend | $1.15 | $0.00 |
| Revenue (latest FY) | $13.02B | $17.54B |
| Revenue growth (YoY) | +15.22% | +1.72% |
| Net income (latest FY) | $1.63B | $205.86M |
| Operating margin | 21.65% | 5.71% |
| Net margin | 12.50% | 1.17% |
| 52-week high | $70.45 | $51.59 |
| 52-week low | $35.28 | $29.19 |
| Distance from 52-week high | -48.76% | -41.83% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +63.63% | +64.38% |
| Average volume | 5.36M | 3.18M |
| Shares outstanding | 647.70M | 255.85M |
| Employees | 41,000 | 60,000 |
| Sector | Consumer Discretionary | Consumer Discretionary |
| Industry | Hotels/Resorts | Hotels/Resorts |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Las Vegas Sands is about 3.0 times larger than MGM Resorts International by market value ($23.38B vs $7.68B).
- MGM has outperformed LVS by 21.4 percentage points over the past year.
- MGM Resorts International trades at a higher earnings multiple (18.5x vs 14.0x trailing P/E).
- Las Vegas Sands offers a meaningfully higher dividend yield (3.19% vs 0.00%).
- Las Vegas Sands is more profitable, keeping 12.5 cents of every revenue dollar as net income versus 1.2 cents for MGM Resorts International.
- Las Vegas Sands grew revenue faster in its latest fiscal year (+15.22% vs +1.72%).
About Las Vegas Sands
LVS stock →Las Vegas Sands Corp., together with its subsidiaries, owns, develops, and operates integrated resorts in Macao and Singapore. It owns and operates The Venetian Macao Resort Hotel, The Londoner Macao, The Parisian Macao, The Plaza Macao and Four Seasons Hotel Macao, and The Sands Macao in Macao, the People's Republic of China; and Marina Bay Sands in Singapore.
Consumer Discretionary · Hotels/Resorts · 41,000 employees
About MGM Resorts International
MGM stock →MGM Resorts International, through its subsidiaries, operates as a gaming and entertainment company in the United States, China, and internationally. It operates through four segments: Las Vegas Strip Resorts, Regional Operations, MGM China, and MGM Digital.
Consumer Discretionary · Hotels/Resorts · 60,000 employees
LVS vs MGM FAQ
Which is bigger, Las Vegas Sands or MGM Resorts International?
Las Vegas Sands (LVS) is larger, with a market capitalization of $23.38B compared with $7.68B for MGM Resorts International (MGM).
Which stock has performed better over the past year, LVS or MGM?
MGM returned -9.42% over the past 12 months, compared with -30.87% for LVS (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, LVS or MGM?
LVS has the lower trailing P/E at 14.0, versus 18.5 for MGM. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Las Vegas Sands or MGM Resorts International?
Las Vegas Sands pays a dividend yielding 3.19%, while MGM Resorts International does not currently pay a regular dividend.
Are Las Vegas Sands and MGM Resorts International in the same industry?
Yes. Both are classified in the Hotels/Resorts industry within the Consumer Discretionary sector.