Las Vegas Sands (LVS) FCF Margin (2009 - 2026)

Las Vegas Sands' FCF Margin history runs 18 years deep, the most recent figure standing at 14.98% for Q1 2026.

• On a quarterly basis, FCF Margin rose 984.0% year-over-year to 14.98% in Q1 2026; TTM through Mar 2026 was 16.34%, a 504.0% increase from a year earlier, with the FY2025 full-year figure at 14.25%, down 24.0% from the prior year.
• FCF Margin eased to 14.98% in Q1 2026 per LVS's latest filing, from 25.49% in the prior quarter.
• Across five years, FCF Margin topped out at 29.31% in Q2 2023 and bottomed at 67.55% in Q1 2022.
• The 5-year median for FCF Margin is 12.97% (2023), against an average of 3.02%.
• Across the five-year window, FCF Margin tumbled 3082 bps in 2022 and soared 8052 bps in 2023, its largest moves.
• Year by year, FCF Margin stood at 22.47% in 2022, then surged by 204 bps to 23.36% in 2023, then plunged by 46 bps to 12.71% in 2024, then soared by 101 bps to 25.49% in 2025, then slumped by 41 bps to 14.98% in 2026.
• Per Business Quant, the three latest LVS FCF Margin figures stand at 14.98% (Q1 2026), 25.49% (Q4 2025), and 26.6% (Q3 2025).