Las Vegas Sands (LVS) Free Cash Flow (2009 - 2026)
Las Vegas Sands (LVS) posted Free Cash Flow of $350.0 million for Q2 2026, down 34.82% on a QoQ basis from $537.0 million in Q1 2026, and up 424.07% year-over-year from $66.8 million in Q2 2025.
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Analysis
Las Vegas Sands (LVS) Free Cash Flow (2009 - 2026) Analysis & Trends
Las Vegas Sands has reported Free Cash Flow for 18 years, with the latest figure at $350.0 million in Q2 2026.
- On a quarterly basis, Free Cash Flow rose 424.07% year-over-year to $350.0 million in Q2 2026; TTM through Jun 2026 was $2.7 billion, a 329.73% increase from a year earlier, with the FY2025 full-year figure at $1.9 billion, up 13.32% from the prior year.
- Free Cash Flow was $350.0 million for Q2 2026 at Las Vegas Sands, down from $537.0 million in the prior quarter.
- The five-year high for Free Cash Flow was $930.0 million in Q4 2025, with the low at -$637.0 million in Q1 2022.
- Average Free Cash Flow over 5 years is $277.4 million, with a median of $359.0 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2026: Free Cash Flow tumbled 424.32% in 2022, then jumped 424.07% in 2026.
- Over 5 years, Free Cash Flow stood at -$251.0 million in 2022, then soared by 371.31% to $681.0 million in 2023, then sank by 45.96% to $368.0 million in 2024, then soared by 152.72% to $930.0 million in 2025, then plunged by 62.37% to $350.0 million in 2026.
- The last three Free Cash Flow figures came in at $350.0 million (Q2 2026), $537.0 million (Q1 2026), and $930.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.40 Bn | 22.34 Bn | 1.81 Bn | 350.00 Mn |
| 2 | DraftKings | 18.89 Bn | 17.90 Bn | 551.45 Mn | 73.44 Mn |
| 3 | Flutter Entertainment | 14.91 Bn | 13.72 Bn | 1.71 Bn | 228.00 Mn |
| 4 | MGM Resorts International | 9.52 Bn | 7.83 Bn | 3.10 Bn | 317.44 Mn |
| 5 | Madison Square Garden Sports | 9.51 Bn | 9.35 Bn | 119.21 Mn | 57.62 Mn |
| 6 | Life Time Group Holdings | 8.86 Bn | 8.63 Bn | 412.26 Mn | -53.70 Mn |
| 7 | Wynn Resorts | 8.42 Bn | 6.11 Bn | 1.14 Bn | 338.90 Mn |
| 8 | Super Group (SGHC) | 6.08 Bn | 5.53 Bn | - | - |
| 9 | Caesars Entertainment | 6.03 Bn | 5.15 Bn | 2.04 Bn | 304.00 Mn |
| 10 | Churchill Downs | 5.61 Bn | 5.46 Bn | 712.00 Mn | 178.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 350.00 Mn |
| Mar 31, 2026 | 537.00 Mn |
| Dec 31, 2025 | 930.00 Mn |
| Sep 30, 2025 | 886.00 Mn |
| Jun 30, 2025 | -108.00 Mn |
| Mar 31, 2025 | 147.00 Mn |
| Dec 31, 2024 | 368.00 Mn |
| Sep 30, 2024 | 222.00 Mn |
| Jun 30, 2024 | 529.00 Mn |
| Mar 31, 2024 | 518.00 Mn |
| Dec 31, 2023 | 681.00 Mn |
| Sep 30, 2023 | 509.00 Mn |
| Jun 30, 2023 | 745.00 Mn |
| Mar 31, 2023 | 275.00 Mn |
| Dec 31, 2022 | -251.00 Mn |
| Sep 30, 2022 | -319.00 Mn |
| Jun 30, 2022 | -388.00 Mn |
| Mar 31, 2022 | -637.00 Mn |
| Dec 31, 2021 | -86.00 Mn |
| Sep 30, 2021 | -432.00 Mn |
API Access
Las Vegas Sands Free Cash Flow 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=free-cash-flow&ticker=LVS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=LVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();