Las Vegas Sands (LVS) Capital Expenditures (2009 - 2026)
Las Vegas Sands (LVS) posted Capital Expenditures of $332.0 million for Q2 2026, up 71.13% on a QoQ basis from $194.0 million in Q1 2026, and up 16.08% year-over-year from $286.0 million in Q2 2025.
Analysis
Las Vegas Sands (LVS) Capital Expenditures (2009 - 2026) Analysis & Trends
Las Vegas Sands has reported Capital Expenditures for 18 years, with the latest figure at $332.0 million in Q2 2026.
- On a quarterly basis, Capital Expenditures rose 16.08% year-over-year to $332.0 million in Q2 2026; TTM through Jun 2026 was $1.0 billion, a 41.23% decrease from a year earlier, with the FY2025 full-year figure at $1.2 billion, down 25.46% from the prior year.
- Capital Expenditures was $332.0 million for Q2 2026 at Las Vegas Sands, 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.
- Average Capital Expenditures over 5 years is $273.8 million, with a median of $251.5 million recorded in 2025.
- The sharpest annual moves came in 2023 and 2025: Capital Expenditures soared 121.09% in 2023, then slumped 57.51% in 2025.
- Over 5 years, Capital Expenditures stood at $147.0 million in 2022, then jumped by 121.09% to $325.0 million in 2023, then surged by 68.31% to $547.0 million in 2024, then sank by 49.91% to $274.0 million in 2025, then grew by 21.17% to $332.0 million in 2026.
- The last three Capital Expenditures figures came in at $332.0 million (Q2 2026), $194.0 million (Q1 2026), and $274.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 27.90 Bn | 24.52 Bn | 1.81 Bn | 332.00 Mn |
| 2 | MGM Resorts International | 10.33 Bn | 7.78 Bn | 3.10 Bn | 241.38 Mn |
| 3 | Wynn Resorts | 9.08 Bn | 7.50 Bn | 1.14 Bn | 153.02 Mn |
| 4 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | 167.00 Mn |
| 5 | Churchill Downs | 5.79 Bn | 5.59 Bn | 712.00 Mn | 39.00 Mn |
| 6 | Boyd Gaming | 5.71 Bn | 5.39 Bn | 766.76 Mn | 141.93 Mn |
| 7 | Red Rock Resorts | 3.17 Bn | 2.56 Bn | 420.02 Mn | 139.78 Mn |
| 8 | PENN Entertainment | 2.28 Bn | 1.39 Bn | 1.02 Bn | 97.40 Mn |
| 9 | Monarch Casino & Resort | 2.14 Bn | 2.00 Bn | 38.62 Mn | 5.15 Mn |
| 10 | Melco Resorts & Entertainment | 1.99 Bn | 1.42 Bn | 1.05 Bn | -59.05 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 332.00 Mn |
| Mar 31, 2026 | 194.00 Mn |
| Dec 31, 2025 | 274.00 Mn |
| Sep 30, 2025 | 229.00 Mn |
| Jun 30, 2025 | 286.00 Mn |
| Mar 31, 2025 | 379.00 Mn |
| Dec 31, 2024 | 547.00 Mn |
| Sep 30, 2024 | 539.00 Mn |
| Jun 30, 2024 | 285.00 Mn |
| Mar 31, 2024 | 196.00 Mn |
| Dec 31, 2023 | 325.00 Mn |
| Sep 30, 2023 | 330.00 Mn |
| Jun 30, 2023 | 196.00 Mn |
| Mar 31, 2023 | 166.00 Mn |
| Dec 31, 2022 | 147.00 Mn |
| Sep 30, 2022 | 169.00 Mn |
| Jun 30, 2022 | 198.00 Mn |
| Mar 31, 2022 | 137.00 Mn |
| Dec 31, 2021 | 188.00 Mn |
| Sep 30, 2021 | 192.00 Mn |