• Las Vegas Sands average pre-tax profit margin for 2023 was 3.52%, a 109.07% increase from 2022.
• Las Vegas Sands average pre-tax profit margin for 2022 was -38.81%, a 15.61% decline from 2021.
• Las Vegas Sands average pre-tax profit margin for 2021 was -45.99%, a 244.49% decline from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.