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Growth Metrics

Las Vegas Sands (LVS) FCF Margin (2016 - 2025)

Las Vegas Sands has reported FCF Margin over the past 17 years, most recently at 25.49% for Q4 2025.

  • Quarterly results put FCF Margin at 25.49% for Q4 2025, up 1278.0% from a year ago — trailing twelve months through Dec 2025 was 14.25% (down 24.0% YoY), and the annual figure for FY2025 was 14.25%, down 24.0%.
  • FCF Margin for Q4 2025 was 25.49% at Las Vegas Sands, down from 26.6% in the prior quarter.
  • Over the last five years, FCF Margin for LVS hit a ceiling of 29.31% in Q2 2023 and a floor of 67.55% in Q1 2022.
  • Median FCF Margin over the past 5 years was 6.71% (2025), compared with a mean of 3.44%.
  • Biggest five-year swings in FCF Margin: surged 147756bps in 2021 and later plummeted -3082bps in 2022.
  • Las Vegas Sands' FCF Margin stood at 8.53% in 2021, then plummeted by -163bps to 22.47% in 2022, then soared by 204bps to 23.36% in 2023, then plummeted by -46bps to 12.71% in 2024, then skyrocketed by 101bps to 25.49% in 2025.
  • The last three reported values for FCF Margin were 25.49% (Q4 2025), 26.6% (Q3 2025), and 3.4% (Q2 2025) per Business Quant data.