Las Vegas Sands (LVS) FCF Payout Ratio (2011 - 2026)
Las Vegas Sands' (LVS) quarterly FCF Payout Ratio came in at 0.38 in Q1 2026, down 69.11% year-on-year from 1.22 in Q1 2025, and up 107.0% quarter-over-quarter from 0.18 in Q4 2025.
Las Vegas Sands (LVS) FCF Payout Ratio (2011 - 2026) Analysis & Trends
Las Vegas Sands' FCF Payout Ratio history runs 14 years deep, the most recent figure standing at 0.38 for Q1 2026.
- On a quarterly basis, FCF Payout Ratio fell 69.11% year-over-year to 0.38 in Q1 2026; TTM through Mar 2026 was 0.38, a 21.89% decrease from a year earlier, with the FY2025 full-year figure at 0.45, up 24.59% from the prior year.
- FCF Payout Ratio rose to 0.38 in Q1 2026 per LVS's latest filing, from 0.18 in the prior quarter.
- Across five years, FCF Payout Ratio topped out at 1.22 in Q1 2025 and bottomed at 2.28 in Q2 2025.
- The 4-year median for FCF Payout Ratio is 0.29 (2024), against an average of 0.17.
- Biggest YoY gain for FCF Payout Ratio was 317.72% in 2025; the steepest drop was 914.15% in 2025.
- Year by year, FCF Payout Ratio stood at 0.22 in 2023, then surged by 76.53% to 0.39 in 2024, then plunged by 53.88% to 0.18 in 2025, then soared by 107.0% to 0.38 in 2026.
- Per Business Quant, the three latest LVS FCF Payout Ratio figures stand at 0.38 (Q1 2026), 0.18 (Q4 2025), and 0.27 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn | 0.38 |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | 0.01 |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | -0.33 |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | 0.15 |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | - |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | 0.44 |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | -2.80 |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn | - |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn | 1.46 |
| 10 | Studio City International Holdings | 3.53 Bn | 3.45 Bn | 155.38 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.38 |
| Dec 31, 2025 | 0.18 |
| Sep 30, 2025 | 0.27 |
| Jun 30, 2025 | -2.28 |
| Mar 31, 2025 | 1.22 |
| Dec 31, 2024 | 0.39 |
| Sep 30, 2024 | 0.66 |
| Jun 30, 2024 | 0.28 |
| Mar 31, 2024 | 0.29 |
| Dec 31, 2023 | 0.22 |
| Sep 30, 2023 | 0.30 |
| Mar 31, 2020 | -1.34 |
| Dec 31, 2019 | 0.79 |
| Sep 30, 2019 | 0.99 |
| Jun 30, 2019 | -6.70 |
| Mar 31, 2019 | 1.56 |
| Dec 31, 2018 | 0.60 |
| Sep 30, 2018 | 0.86 |
| Jun 30, 2018 | 0.97 |
| Mar 31, 2018 | 0.78 |