Las Vegas Sands (LVS) Depreciation & Amortization (CF) (2009 - 2026)
Las Vegas Sands' Depreciation & Amortization (CF) was $350 million in Q2 2026, down 5.7% from $371 million a year earlier and down 2.0% from the prior quarter.
Las Vegas Sands (LVS) Depreciation & Amortization (CF) (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Las Vegas Sands' Depreciation & Amortization (CF) was $1.44 billion through Jun 30, 2026, up 2.3% 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 Q2 2026 figure marks the lowest quarterly Depreciation & Amortization (CF) since Q4 2024.
- Compared with a year earlier, Depreciation & Amortization (CF) was higher in six of the last eight quarters, with growth averaging 6.2%.
- The best year-over-year quarter for Depreciation & Amortization (CF) over five years was Q4 2023 (growth of 30.1%); the worst was Q2 2026 (a decline of 5.7%).
- Per Business Quant data, LVS's Depreciation & Amortization (CF) in the three quarters before Q2 2026 was $357 million (Q1 2026), $363 million (Q4 2025) and $368 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Amort. (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.05 Bn | 11.15 Bn | 1.48 Bn | 350.00 Mn |
| 2 | Flutter Entertainment | 13.32 Bn | 6.69 Bn | 1.71 Bn | 399.00 Mn |
| 3 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | 788,000.00 |
| 4 | DraftKings | 9.57 Bn | 5.23 Bn | 551.45 Mn | 80.34 Mn |
| 5 | Life Time Group Holdings | 9.03 Bn | 8.26 Bn | 412.26 Mn | 83.35 Mn |
| 6 | Wynn Resorts | 7.89 Bn | 2.18 Bn | 758.95 Mn | 165.42 Mn |
| 7 | MGM Resorts International | 7.50 Bn | -1.53 Bn | 1.98 Bn | 282.32 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | - |
| 9 | Caesars Entertainment | 5.97 Bn | 2.41 Bn | 1.50 Bn | 355.00 Mn |
| 10 | Churchill Downs | 5.75 Bn | 4.98 Bn | 419.00 Mn | 59.00 Mn |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 262.00 Mn |
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_KEY
import 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();