Las Vegas Sands (LVS) Free Cash Flow (2009 - 2026)
Las Vegas Sands (LVS) posted quarterly Free Cash Flow of $350.0 million for Q2 2026, up 424.07% year-over-year from $66.8 million in Q2 2025, and down 34.82% quarter-over-quarter from $537.0 million in Q1 2026.
Las Vegas Sands (LVS) Free Cash Flow (2009 - 2026) Analysis & Trends
Las Vegas Sands' Free Cash Flow history runs 18 years deep, the most recent figure standing at $350.0 million for Q2 2026.
- In Q2 2026, Free Cash Flow rose 424.07% year-over-year to $350.0 million; the TTM figure through Jun 2026 stood at $2.7 billion (up 329.73% YoY), while the FY2025 annual figure was $1.9 billion, up 13.32% from the prior year.
- Free Cash Flow for Q2 2026 stood at $350.0 million, 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.
- The 5-year median for Free Cash Flow is $359.0 million (2024), against an average of $277.4 million.
- The sharpest annual moves came in 2022 and 2026: Free Cash Flow tumbled 424.32% in 2022, then surged 424.07% in 2026.
- Las Vegas Sands' Free Cash Flow stood at -$251.0 million in 2022, then jumped by 371.31% to $681.0 million in 2023, then sank by 45.96% to $368.0 million in 2024, then jumped by 152.72% to $930.0 million in 2025, then plunged by 62.37% to $350.0 million in 2026.
- Business Quant data shows LVS's Free Cash Flow at $350.0 million in Q2 2026, $537.0 million in Q1 2026, and $930.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.78 Bn | 27.40 Bn | 1.81 Bn | 350.00 Mn |
| 2 | MGM Resorts International | 11.10 Bn | 8.55 Bn | 3.10 Bn | 317.44 Mn |
| 3 | Wynn Resorts | 10.30 Bn | 8.73 Bn | 1.14 Bn | 338.90 Mn |
| 4 | Caesars Entertainment | 6.07 Bn | 5.01 Bn | 2.04 Bn | 304.00 Mn |
| 5 | Boyd Gaming | 6.06 Bn | 5.73 Bn | 766.76 Mn | -165.47 Mn |
| 6 | Vail Resorts | 5.46 Bn | 5.09 Bn | - | -28.24 Mn |
| 7 | Marriott Vacations Worldwide | 3.91 Bn | 3.61 Bn | 1.29 Bn | 66.00 Mn |
| 8 | Hilton Grand Vacations | 3.57 Bn | 3.30 Bn | 499.00 Mn | 116.00 Mn |
| 9 | Red Rock Resorts | 3.53 Bn | 2.93 Bn | 420.02 Mn | 18.16 Mn |
| 10 | PENN Entertainment | 2.49 Bn | 1.60 Bn | 1.02 Bn | 143.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 350.00 Mn |
| Jun 30, 2026 | 350.00 Mn |
| Mar 31, 2026 | 537.00 Mn |
| Mar 31, 2026 | 537.00 Mn |
| Dec 31, 2025 | 930.00 Mn |
| Dec 31, 2025 | 930.00 Mn |
| Sep 30, 2025 | 886.00 Mn |
| Sep 30, 2025 | 886.00 Mn |
| Jun 30, 2025 | -108.00 Mn |
| Jun 30, 2025 | -108.00 Mn |
| Mar 31, 2025 | 147.00 Mn |
| Mar 31, 2025 | 147.00 Mn |
| Dec 31, 2024 | 368.00 Mn |
| Dec 31, 2024 | 368.00 Mn |
| Sep 30, 2024 | 222.00 Mn |
| Sep 30, 2024 | 222.00 Mn |
| Jun 30, 2024 | 529.00 Mn |
| Jun 30, 2024 | 529.00 Mn |
| Mar 31, 2024 | 518.00 Mn |
| Mar 31, 2024 | 518.00 Mn |