Las Vegas Sands (LVS) Capital Expenditures (2009 - 2026)
Las Vegas Sands (LVS) posted quarterly Capital Expenditures of $332.0 million for Q2 2026, up 16.08% year-over-year from $286.0 million in Q2 2025, and up 71.13% quarter-over-quarter from $194.0 million in Q1 2026.
Las Vegas Sands (LVS) Capital Expenditures (2009 - 2026) Analysis & Trends
Las Vegas Sands' Capital Expenditures history runs 18 years deep, the most recent figure standing at $332.0 million for Q2 2026.
- In Q2 2026, Capital Expenditures rose 16.08% year-over-year to $332.0 million; the TTM figure through Jun 2026 stood at $1.0 billion (down 41.23% YoY), while the FY2025 annual figure was $1.2 billion, down 25.46% from the prior year.
- Capital Expenditures for Q2 2026 stood at $332.0 million, up from $194.0 million in the prior quarter.
- The five-year high for Capital Expenditures was $547.0 million in Q4 2024, with the low at $137.0 million in Q1 2022.
- The 5-year median for Capital Expenditures is $251.5 million (2025), against an average of $273.8 million.
- The sharpest annual moves came in 2023 and 2025: Capital Expenditures jumped 121.09% in 2023, then slumped 57.51% in 2025.
- Las Vegas Sands' Capital Expenditures stood at $147.0 million in 2022, then surged by 121.09% to $325.0 million in 2023, then soared by 68.31% to $547.0 million in 2024, then sank by 49.91% to $274.0 million in 2025, then advanced by 21.17% to $332.0 million in 2026.
- Business Quant data shows LVS's Capital Expenditures at $332.0 million in Q2 2026, $194.0 million in Q1 2026, and $274.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.10 Bn | 26.73 Bn | 1.81 Bn | 332.00 Mn |
| 2 | MGM Resorts International | 10.94 Bn | 8.39 Bn | 3.10 Bn | 241.38 Mn |
| 3 | Wynn Resorts | 10.22 Bn | 8.64 Bn | 1.14 Bn | 153.02 Mn |
| 4 | Boyd Gaming | 6.06 Bn | 5.74 Bn | 766.76 Mn | 141.93 Mn |
| 5 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | 167.00 Mn |
| 6 | Vail Resorts | 5.35 Bn | 4.98 Bn | - | 35.06 Mn |
| 7 | Marriott Vacations Worldwide | 3.84 Bn | 3.53 Bn | 1.29 Bn | 14.00 Mn |
| 8 | Hilton Grand Vacations | 3.56 Bn | 3.29 Bn | 499.00 Mn | 18.00 Mn |
| 9 | Red Rock Resorts | 3.54 Bn | 2.94 Bn | 420.02 Mn | 139.78 Mn |
| 10 | PENN Entertainment | 2.46 Bn | 1.57 Bn | 1.02 Bn | 97.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 332.00 Mn |
| Jun 30, 2026 | 332.00 Mn |
| Mar 31, 2026 | 194.00 Mn |
| Mar 31, 2026 | 194.00 Mn |
| Dec 31, 2025 | 274.00 Mn |
| Dec 31, 2025 | 274.00 Mn |
| Sep 30, 2025 | 229.00 Mn |
| Sep 30, 2025 | 229.00 Mn |
| Jun 30, 2025 | 286.00 Mn |
| Jun 30, 2025 | 286.00 Mn |
| Mar 31, 2025 | 379.00 Mn |
| Mar 31, 2025 | 379.00 Mn |
| Dec 31, 2024 | 547.00 Mn |
| Dec 31, 2024 | 547.00 Mn |
| Sep 30, 2024 | 539.00 Mn |
| Sep 30, 2024 | 539.00 Mn |
| Jun 30, 2024 | 285.00 Mn |
| Jun 30, 2024 | 285.00 Mn |
| Mar 31, 2024 | 196.00 Mn |
| Mar 31, 2024 | 196.00 Mn |