Las Vegas Sands (LVS) Depreciation & Amortization (CF) (2009 - 2026)
Las Vegas Sands' Depreciation & Amortization (CF) was $340 million in Q3 2026, down 7.6% from $368 million a year earlier and down 2.9% from the prior quarter.
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Analysis
Las Vegas Sands (LVS) Depreciation & Amortization (CF) (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Las Vegas Sands' Depreciation & Amortization (CF) was $1.41 billion through Sep 30, 2026, down 2.7% year-over-year; for FY2025, it was $1.46 billion, up 11.9% from FY2024.
- Depreciation & Amortization (CF) has now increased for three consecutive years, with a five-year compound annual growth rate of 8.0% (FY2020 to FY2025).
- In earlier years, Depreciation & Amortization (CF) was $1.31 billion in FY2024 (+8.3%), $1.21 billion in FY2023 (+16.6%), $1.04 billion in FY2022 (-0.5%) and $1.04 billion in FY2021 (+4.4%).
- The Q3 2026 figure marks the lowest quarterly Depreciation & Amortization (CF) since Q3 2024.
- Compared with a year earlier, Depreciation & Amortization (CF) has declined for three straight quarters, with growth averaging 4.8% over the last eight quarters.
- The best year-over-year quarter for Depreciation & Amortization (CF) over five years was Q4 2023 (growth of 30.1%); the worst was Q3 2026 (a decline of 7.6%).
- Per Business Quant data, LVS's Depreciation & Amortization (CF) in the three quarters before Q3 2026 was $350 million (Q2 2026), $357 million (Q1 2026) and $363 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Amort. (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.49 Bn | 12.08 Bn | 1.47 Bn | 340.00 Mn |
| 2 | Flutter Entertainment | 13.46 Bn | 6.85 Bn | 1.52 Bn | 405.00 Mn |
| 3 | Life Time Group Holdings | 10.42 Bn | 9.59 Bn | 419.01 Mn | 85.01 Mn |
| 4 | DraftKings | 8.36 Bn | 4.02 Bn | 551.45 Mn | 80.34 Mn |
| 5 | Wynn Resorts | 8.19 Bn | 2.33 Bn | 655.12 Mn | 166.78 Mn |
| 6 | MGM Resorts International | 8.02 Bn | -1.28 Bn | 1.73 Bn | 276.40 Mn |
| 7 | Madison Square Garden Sports | 7.83 Bn | 7.42 Bn | 119.21 Mn | 788,000.00 |
| 8 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | - |
| 9 | Churchill Downs | 6.64 Bn | 5.87 Bn | 207.00 Mn | 61.00 Mn |
| 10 | Caesars Entertainment | 5.93 Bn | 2.35 Bn | 1.44 Bn | 366.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 340.00 Mn |
| Jun 30, 2026 | 350.00 Mn |
| Mar 31, 2026 | 357.00 Mn |
| Dec 31, 2025 | 363.00 Mn |
| Sep 30, 2025 | 368.00 Mn |
| Jun 30, 2025 | 371.00 Mn |
| Mar 31, 2025 | 362.00 Mn |
| Dec 31, 2024 | 348.00 Mn |
| Sep 30, 2024 | 324.00 Mn |
| Jun 30, 2024 | 316.00 Mn |
| Mar 31, 2024 | 320.00 Mn |
| Dec 31, 2023 | 333.00 Mn |
| Sep 30, 2023 | 313.00 Mn |
| Jun 30, 2023 | 288.00 Mn |
| Mar 31, 2023 | 274.00 Mn |
| Dec 31, 2022 | 256.00 Mn |
| Sep 30, 2022 | 260.00 Mn |
| Jun 30, 2022 | 256.00 Mn |
| Mar 31, 2022 | 264.00 Mn |
| Dec 31, 2021 | 266.00 Mn |
API Access
Las Vegas Sands Depreciation & Amortization (CF) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-amortization-cf&ticker=LVS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-amortization-cf", "ticker": "LVS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-amortization-cf&ticker=LVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();