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Hilton Worldwide Holdings vs Las Vegas Sands: HLT and LVS compared
Hilton Worldwide Holdings is the larger company: $3.3B of revenue in its latest quarter (Q3 2026) against $3.2B for Las Vegas Sands (Q3 2026). Hilton Worldwide Holdings is growing faster (+7% against -4% a year earlier). Hilton Worldwide Holdings is more profitable, with an operating margin of 27.3% against 19.2%.
Where the money goes: HLT and LVS
Hilton Worldwide Holdings (HLT) · Q3 2026
Hilton Worldwide Holdings, Q3 2026: revenue $3.3B (+7% year over year), operating margin 27.3%, net earnings $536M, operating cash flow $721M. The chart follows the revenue to costs, profit and cash.
Las Vegas Sands (LVS) · Q3 2026
Las Vegas Sands, Q3 2026: revenue $3.2B (-4% year over year), operating margin 19.2%, net earnings $304M, operating cash flow $870M. The chart follows the revenue to costs, profit and cash.
| Hilton Worldwide Holdings (HLT) | Las Vegas Sands (LVS) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $3.3B | $3.2B |
| Revenue growth, Y/Y | +7% | -4% |
| Operating margin | 27.3% | 19.2% |
| Net earnings | $536M | $304M |
| Net margin | 16.1% | 9.5% |
| Operating cash flow | $721M | $870M |
| Free cash flow | $689M | $589M |
| Market value | $83.7B | $26.3B |
| P/E | 50.1× | 16.8× |
| Analysts’ mean target | $366.54 | $49.57 |
Where the revenue comes from
Hilton Worldwide Holdings
- Reimbursement Revenue: $2.0B (59%)
- Total revenues excluding reimbursable revenues: $1.4B (41%)
Las Vegas Sands
- Casino: $2.4B (74%)
- Rooms: $376M (12%)
- Mall: $202M (6%)
- Food and Beverage: $176M (5%)
Questions
Which is bigger, Hilton Worldwide Holdings or Las Vegas Sands?
Hilton Worldwide Holdings is the larger company: $3.3B of revenue in its latest quarter (Q3 2026) against $3.2B for Las Vegas Sands (Q3 2026).
Is Hilton Worldwide Holdings or Las Vegas Sands growing faster?
Hilton Worldwide Holdings is growing faster (+7% against -4% a year earlier).
Which is more profitable, Hilton Worldwide Holdings or Las Vegas Sands?
Hilton Worldwide Holdings is more profitable, with an operating margin of 27.3% against 19.2%.
More: Hilton Worldwide Holdings earnings · how Hilton Worldwide Holdings makes money · Las Vegas Sands earnings · how Las Vegas Sands makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 27, 2026; 10-Q filed Oct 23, 2026). Fiscal quarters can end on different dates. Not investment advice.