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
DateValue
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