Las Vegas Sands Gross Margin 2010-2024 | LVS
- Las Vegas Sands average gross margin for 2023 was 47.25%, a 22.22% increase from 2022.
- Las Vegas Sands average gross margin for 2022 was 38.66%, a 12.19% increase from 2021.
- Las Vegas Sands average gross margin for 2021 was 34.46%, a 11.25% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.