Las Vegas Sands Cash Flow Statement
NYSE: LVSConsumer DiscretionaryHotels/ResortsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Las Vegas Sands free cash flow
In fiscal 2025, Las Vegas Sands generated $3.02 billion of operating cash flow and spent $1.17 billion on capital expenditures. That left free cash flow of $1.85 billion, a free-cash-flow margin of 14.3% of revenue. Free cash flow was up 13.3% from the prior year's $1.64 billion.
Las Vegas Sands returned $3.05 billion to shareholders: $833.0 million in dividends and $2.22 billion in share repurchases, equal to 164% of free cash flow. Free cash flow covered dividend payments 2.2 times.
Summary generated from market data by MetaCap's automated system. Methodology
Las Vegas Sands cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 1.87B | 1.75B | 1.43B | 1.36B | -1.28B | -2.14B | 3.30B | 2.95B | 3.26B | 2.02B |
| Net Income growth (YoY) | +6.51% | +22.43% | +5.45% | — | — | -164.86% | +11.96% | -9.56% | +61.14% | -15.13% |
| Depreciation & Amortization | 1.46B | 1.31B | 1.21B | 1.04B | 1.04B | 997.00M | 1.02B | 1.11B | 1.17B | 1.11B |
| Stock-Based Compensation | 54.00M | 55.00M | 44.00M | 39.00M | 22.00M | 22.00M | 35.00M | 30.00M | 34.00M | 34.00M |
| Change in Working Capital | 64.00M | 19.00M | 390.00M | 164.00M | -89.00M | -537.00M | -197.00M | 254.00M | 327.00M | 539.00M |
| Operating Cash Flow | 3.02B | 3.20B | 3.23B | -944.00M | -243.00M | -1.31B | 3.04B | 4.70B | 4.54B | 4.04B |
| Capital Expenditures | -1.17B | -1.57B | -1.02B | -651.00M | -828.00M | -1.23B | -1.02B | -949.00M | -837.00M | -1.40B |
| Investing Cash Flow | -1.22B | -1.58B | -1.25B | -721.00M | -832.00M | -1.33B | -103.00M | -930.00M | -822.00M | -1.44B |
| Dividends Paid | -833.00M | -590.00M | -305.00M | 0 | 0 | -911.00M | -3.00B | -2.98B | -2.94B | -2.92B |
| Share Repurchases | -2.22B | -1.75B | -505.00M | 0 | 0 | 0 | -754.00M | -905.00M | -375.00M | 0 |
| Debt Issued | 6.78B | 1.75B | 0 | 1.20B | 2.70B | 1.95B | 4.00B | 7.59B | 654.00M | 2.30B |
| Debt Repaid | — | -2.07B | -2.07B | -66.00M | -1.87B | -467.00M | -51.00M | -5.18B | -858.00M | -1.99B |
| Financing Cash Flow | -1.64B | -3.06B | -3.19B | 6.15B | 863.00M | 560.00M | -3.37B | -1.52B | -3.49B | -2.63B |
| Net Change in Cash | 191.00M | -1.45B | -1.21B | 4.51B | -212.00M | -2.10B | -419.00M | 2.23B | 292.00M | -49.00M |
| Free Cash Flow | 1.85B | 1.64B | 2.21B | -1.59B | -1.07B | -2.54B | 2.02B | 3.75B | 3.71B | 2.65B |
This table shows 10 annual periods of Las Vegas Sands's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow LVS's reporting calendar. What is a cash flow statement?