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Side-by-side financial comparison of Las Vegas Sands (LVS) and 3M (MMM). Click either name above to swap in a different company.
3M is the larger business by last-quarter revenue ($6.0B vs $3.6B, roughly 1.7× Las Vegas Sands). Las Vegas Sands runs the higher net margin — 17.9% vs 10.8%, a 7.1% gap on every dollar of revenue. On growth, Las Vegas Sands posted the faster year-over-year revenue change (25.3% vs 1.3%). Over the past eight quarters, Las Vegas Sands's revenue compounded faster (13.9% CAGR vs -1.8%).
Las Vegas Sands Corp. is an American casino and resort company with corporate headquarters in Las Vegas, Nevada. It was founded by Sheldon G. Adelson and his partners out of the Sands Hotel and Casino on the Las Vegas Strip. The Sands was demolished and redeveloped as The Venetian, opening in 1999. An adjacent resort, The Palazzo, opened in 2007. Both resorts were sold in 2022.
The 3M Company is an American multinational conglomerate operating in the fields of industry, worker safety, and consumer goods. Based in the Saint Paul suburb of Maplewood, the company produces over 60,000 products, including adhesives, abrasives, laminates, passive fire protection, personal protective equipment, window films, paint protection film, electrical, electronic connecting, insulating materials, car-care products, electronic circuits, and optical films. Among its best-known consume...
LVS vs MMM — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $3.6B | $6.0B |
| Net Profit | $641.0M | $653.0M |
| Gross Margin | — | 40.7% |
| Operating Margin | 25.2% | 23.2% |
| Net Margin | 17.9% | 10.8% |
| Revenue YoY | 25.3% | 1.3% |
| Net Profit YoY | 57.1% | -41.5% |
| EPS (diluted) | $0.85 | $1.23 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $3.6B | $6.0B | ||
| Q4 25 | $3.6B | $6.1B | ||
| Q3 25 | $3.3B | $6.5B | ||
| Q2 25 | $3.2B | $6.3B | ||
| Q1 25 | $2.9B | $6.0B | ||
| Q4 24 | $2.9B | $6.0B | ||
| Q3 24 | $2.7B | $6.3B | ||
| Q2 24 | $2.8B | $6.3B |
| Q1 26 | $641.0M | $653.0M | ||
| Q4 25 | $395.0M | $577.0M | ||
| Q3 25 | $419.0M | $834.0M | ||
| Q2 25 | $461.0M | $723.0M | ||
| Q1 25 | $352.0M | $1.1B | ||
| Q4 24 | $324.0M | $728.0M | ||
| Q3 24 | $275.0M | $1.4B | ||
| Q2 24 | $353.0M | $1.1B |
| Q1 26 | — | 40.7% | ||
| Q4 25 | — | 33.6% | ||
| Q3 25 | — | 41.8% | ||
| Q2 25 | — | 42.5% | ||
| Q1 25 | — | 41.6% | ||
| Q4 24 | — | 51.7% | ||
| Q3 24 | — | 42.1% | ||
| Q2 24 | — | 42.9% |
| Q1 26 | 25.2% | 23.2% | ||
| Q4 25 | 19.4% | 13.0% | ||
| Q3 25 | 21.6% | 22.2% | ||
| Q2 25 | 24.7% | 18.0% | ||
| Q1 25 | 21.3% | 20.9% | ||
| Q4 24 | 20.4% | 12.2% | ||
| Q3 24 | 18.8% | 20.9% | ||
| Q2 24 | 21.4% | 20.3% |
| Q1 26 | 17.9% | 10.8% | ||
| Q4 25 | 10.8% | 9.4% | ||
| Q3 25 | 12.6% | 12.8% | ||
| Q2 25 | 14.5% | 11.4% | ||
| Q1 25 | 12.3% | 18.7% | ||
| Q4 24 | 11.2% | 12.1% | ||
| Q3 24 | 10.3% | 21.8% | ||
| Q2 24 | 12.8% | 18.3% |
| Q1 26 | $0.85 | $1.23 | ||
| Q4 25 | $0.59 | $1.07 | ||
| Q3 25 | $0.61 | $1.55 | ||
| Q2 25 | $0.66 | $1.34 | ||
| Q1 25 | $0.49 | $2.04 | ||
| Q4 24 | $0.44 | $1.33 | ||
| Q3 24 | $0.38 | $2.48 | ||
| Q2 24 | $0.48 | $2.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $3.7B |
| Total DebtLower is stronger | — | $10.9B |
| Stockholders' EquityBook value | — | $3.3B |
| Total Assets | — | $35.4B |
| Debt / EquityLower = less leverage | — | 3.29× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $3.7B | ||
| Q4 25 | $3.8B | — | ||
| Q3 25 | $3.4B | — | ||
| Q2 25 | $3.5B | — | ||
| Q1 25 | $3.0B | — | ||
| Q4 24 | $3.6B | — | ||
| Q3 24 | $4.2B | — | ||
| Q2 24 | $4.7B | — |
| Q1 26 | — | $10.9B | ||
| Q4 25 | $14.7B | $12.6B | ||
| Q3 25 | $13.9B | $12.6B | ||
| Q2 25 | $14.9B | $13.1B | ||
| Q1 25 | $10.9B | $13.5B | ||
| Q4 24 | $10.6B | $13.0B | ||
| Q3 24 | $11.3B | $13.2B | ||
| Q2 24 | $12.8B | $13.1B |
| Q1 26 | — | $3.3B | ||
| Q4 25 | $1.6B | $4.7B | ||
| Q3 25 | $1.6B | $4.6B | ||
| Q2 25 | $2.0B | $4.3B | ||
| Q1 25 | $2.7B | $4.5B | ||
| Q4 24 | $2.9B | $3.8B | ||
| Q3 24 | $3.4B | $4.6B | ||
| Q2 24 | $3.8B | $3.9B |
| Q1 26 | — | $35.4B | ||
| Q4 25 | $21.9B | $37.7B | ||
| Q3 25 | $21.5B | $37.6B | ||
| Q2 25 | $21.9B | $38.0B | ||
| Q1 25 | $21.2B | $40.0B | ||
| Q4 24 | $20.7B | $39.9B | ||
| Q3 24 | $21.4B | $40.9B | ||
| Q2 24 | $21.1B | $43.4B |
| Q1 26 | — | 3.29× | ||
| Q4 25 | 9.22× | 2.68× | ||
| Q3 25 | 8.82× | 2.72× | ||
| Q2 25 | 7.48× | 3.06× | ||
| Q1 25 | 4.02× | 3.02× | ||
| Q4 24 | 3.67× | 3.40× | ||
| Q3 24 | 3.29× | 2.84× | ||
| Q2 24 | 3.41× | 3.34× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LVS
| Casino | $2.7B | 76% |
| Rooms | $377.0M | 11% |
| Mall | $204.0M | 6% |
| Food and beverage | $176.0M | 5% |
| Convention, retail and other | $89.0M | 2% |
MMM
| Personal Safety | $912.0M | 15% |
| Commercial Branding and Transportation | $640.0M | 11% |
| Industrial Adhesives and Tapes | $604.0M | 10% |
| Electronics | $577.0M | 10% |
| Automotive and Aerospace | $484.0M | 8% |
| Electrical Markets | $356.0M | 6% |
| Abrasives | $349.0M | 6% |
| Home and Auto Care | $328.0M | 5% |
| Home Improvement | $311.0M | 5% |
| Automotive Aftermarket | $304.0M | 5% |
| Industrial Specialties Division | $286.0M | 5% |
| Consumer Safety and Well-Being | $278.0M | 5% |
| Packaging and Expression | $214.0M | 4% |
| Advanced Materials | $147.0M | 2% |
| Corporate | $121.0M | 2% |
| Roofing Granules | $119.0M | 2% |
