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Las Vegas Sands LVS Free cash flow

Free cash flow at other companies

MGM Resorts International logo
MGM Resorts InternationalMGM
$317.44M-15.9%
Wynn Resorts logo
Wynn ResortsWYNN
$338.9M+41.3%
Caesars Entertainment, Inc. logo
Caesars Entertainment, Inc.CZR
$304M+31.0%
BAL
Bally'sBALY
-$183.89M-1,693%
FLL
Full House ResortsFLL
-$6.52M+34.6%
Red Rock Resorts, Inc. logo
Red Rock Resorts, Inc.RRR
$18.16M-77.4%

Other financials

Income statement

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Revenue$3.2B-0.7%
Operating income$618.0M-21.1%
Net income$346.0M-24.9%
EPS (diluted)$0.53-19.7%

Balance sheet

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Cash & equivalents$3.5B-2.1%
Total debt$16.8B+0.5%
Total equity$581.0M-70.8%
Total assets$19.9B-8.9%

Cash flow

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Operating cash flow$682.0M+283%
CapEx$332.0M+16.1%

Valuation

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Market cap$29.94B-23.1%
Enterprise value$43.27B-16.9%
P/E17.3×-10.2×
P/S2.2×-1.2×

Profitability

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Operating margin21.5%+0.1pp
Net margin12.6%+0.4pp
FCF margin19.7%+13.4pp

Returns & leverage

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Return on equity134.3%+85.1pp
Debt / equity29×+20.6×
Current ratio-0.2×

Where this comes from

Calculated from Las Vegas Sands’s reported figures.

The source filing: Las Vegas Sands’s 10-Q, filed July 24, 2026. Open the filing →

Filed
Jul 24, 2026, 4:03 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001300514-26-000085

FAQ

What is Las Vegas Sands's free cash flow?
Las Vegas Sands (LVS) reported free cash flow of $350M in Q2 2026.
What is the long-term trend for Las Vegas Sands's free cash flow?
Over 4 years (2021 to 2025), Las Vegas Sands's free cash flow has grown at a 16.4% compound annual growth rate (CAGR), from -$1.07B to $1.96B.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.

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