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Las Vegas Sands LVS Free cash flow

Free cash flow at other companies

Caesars Entertainment, Inc. logo
Caesars Entertainment, Inc.CZR
$36M+820%
BAL
Bally'sBALY
-$183.89M-1,693%
Red Rock Resorts, Inc. logo
Red Rock Resorts, Inc.RRR
$22.6M-61.0%
Monarch Casino & Resort logo
Monarch Casino & ResortMCRI
$42.96M+158%
MGM Resorts International logo
MGM Resorts InternationalMGM
Wynn Resorts logo
Wynn ResortsWYNN

Other financials

Income statement

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Revenue$3.6B+25.3%
Operating income$904.0M+48.4%
Net income$567.0M+61.1%
EPS (diluted)$0.85+73.5%

Balance sheet

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Cash & equivalents$3.5B+9.3%
Total debt$17.5B+4.2%
Total equity$1.2B-55.6%
Total assets$21.2B-0.3%

Cash flow

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Operating cash flow$731.0M+39.0%
CapEx$194.0M-48.8%

Valuation

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Market cap$31.22B+3.7%
Enterprise value$45.32B+4.7%
P/E17×-4.4×
P/S2.3×-0.3×

Profitability

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Operating margin22.7%+2.2pp
Net margin13.4%+1.8pp
FCF margin17.1%+5.8pp

Returns & leverage

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Return on equity94.5%+55.3pp
Debt / equity14.6×+8.4×
Current ratio0.9×+0.3×

Where this comes from

Calculated from Las Vegas Sands’s reported figures.

The official record: Las Vegas Sands’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Las Vegas Sands's free cash flow?
Las Vegas Sands (LVS) reported free cash flow of $537M in Q1 2026.
How has Las Vegas Sands's free cash flow changed year-over-year?
Las Vegas Sands's free cash flow increased by 265.3% year-over-year, from $147M to $537M.
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.