Las Vegas Sands Finance Lease Liabilities increased by 17.8% to $139.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 17.8%, from $118.00M to $139.00M. Over 5 years (FY 2020 to FY 2025), Finance Lease Liabilities shows an upward trend with a 69.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Higher levels increase the company's long-term leverage and fixed-cost base, while lower levels indicate a more equity-funded or asset-light approach.
The long-term portion of obligations for leases that are classified as financing arrangements, typically involving the e...
Analyzed alongside long-term debt to determine the total contractual leverage and solvency risk of the business.
finance_lease_liabilities| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $15.00M | $13.00M | $9.00M | $118.00M | $139.00M |
| QoQ Change | — | -13.3% | -30.8% | >999% | +17.8% |
| YoY Change | — | -13.3% | -30.8% | >999% | +17.8% |
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| United States | — | $115.00M | $115.00M | $117.00M | $118.00M | $119.00M | $121.00M | $122.00M |
| Macao | $16.00M | $15.00M | $12.00M | $23.00M | $26.00M | $23.00M | $35.00M | $32.00M |
| Singapore | — | — | $1.00M | $1.00M | $1.00M | $1.00M | $1.00M | $1.00M |
| Total | — | — | $118.00M | — | — | — | $139.00M | — |