Las Vegas Sands (LVS) EV to FCF (2011 - 2026)
Las Vegas Sands' (LVS) EV to FCF was 9.94 for Q2 2026, down 76.6% from 42.50 a year earlier and down 32.0% from the prior quarter.
Las Vegas Sands (LVS) EV to FCF (2011 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Las Vegas Sands' EV to FCF came in at 6.05, down 76.0% year-over-year; for FY2025, it was 21.80, up 6.8% from FY2024.
- By year, EV to FCF came in at 20.40 in FY2024 (+41.2%) and 14.45 in FY2023.
- The Q2 2026 figure ranks as the lowest quarterly EV to FCF since Q4 2018.
- Year over year, EV to FCF gained in five of the last eight quarters, with growth averaging 31.9%.
- The high point for year-over-year EV to FCF in five years was Q2 2025 (growth of 239.6%); the low point was Q2 2024 (a decline of 85.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 14.61 (Q1 2026), 21.80 (Q4 2025) and 25.84 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn |
| 2 | DraftKings | 16.89 Bn | 12.55 Bn | 551.45 Mn |
| 3 | Flutter Entertainment | 12.94 Bn | 6.68 Bn | 1.71 Bn |
| 4 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - |
| 10 | Churchill Downs | 5.27 Bn | 4.55 Bn | 419.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.94 |
| Mar 31, 2026 | 14.61 |
| Dec 31, 2025 | 21.80 |
| Sep 30, 2025 | 25.84 |
| Jun 30, 2025 | 42.50 |
| Mar 31, 2025 | 19.44 |
| Dec 31, 2024 | 20.40 |
| Sep 30, 2024 | 16.67 |
| Jun 30, 2024 | 12.52 |
| Mar 31, 2024 | 13.71 |
| Dec 31, 2023 | 14.45 |
| Sep 30, 2023 | 22.96 |
| Jun 30, 2023 | 85.27 |
| Mar 31, 2020 | 58.47 |
| Dec 31, 2019 | 27.92 |
| Sep 30, 2019 | 20.69 |
| Jun 30, 2019 | 20.17 |
| Mar 31, 2019 | 13.84 |
| Dec 31, 2018 | 9.80 |
| Sep 30, 2018 | 11.08 |
Las Vegas Sands EV to FCF 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=ev-to-fcf&ticker=LVS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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=ev-to-fcf&ticker=LVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();