Las Vegas Sands Cash Flow Statement
LVS / Consumer Discretionary|15 years of annual SEC 10-K data (FY2011-FY2025)
Covers operating cash flow, capital expenditures, free cash flow, share buybacks, and dividends paid across 15 fiscal years. All figures from audited SEC 10-K filings.
Las Vegas Sands generated $3.0B in operating cash flow and $1.9B in free cash flow in FY2025. Free cash flow margin was 64.8% of revenue.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.44 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
- Strong return on equity: 53.9%
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $352.0M | $1.4B | $1.2B | $1.8B | -$961.0M | -$1.7B | $2.7B | $2.4B | $2.8B | $1.7B | $2.0B | $2.8B | $2.3B | $1.5B | $1.6B |
| Depreciation & Amortization | $1.5B | $1.3B | $1.2B | $1.0B | $1.0B | $997.0M | $1.0B | $1.1B | $1.2B | $1.1B | $999.0M | $1.0B | $1.0B | $892.0M | $794.4M |
| Operating Cash Flow | $3.0B | $3.2B | $3.2B | -$944.0M | -$243.0M | -$1.3B | $3.0B | $4.7B | $4.5B | $4.0B | $3.5B | $4.8B | $4.4B | $3.1B | $2.7B |
| Capital Expenditures | $1.2B | $1.6B | $1.0B | $651.0M | $828.0M | $1.2B | $1.0B | $949.0M | $837.0M | $1.4B | $1.5B | $1.2B | $898.1M | $1.4B | $1.5B |
| Free Cash Flow | $1.9B | $1.6B | $2.2B | -$1.6B | -$1.1B | -$2.5B | $2.0B | $3.8B | $3.7B | $2.6B | $1.9B | $3.7B | $3.5B | $1.6B | $1.2B |
| Share Buybacks | $2.2B | $1.8B | $505.0M | $0 | $0 | $0 | $754.0M | $905.0M | $375.0M | $0 | $205.0M | $1.7B | $561.1M | $0 | $0 |
| Dividends Paid | $833.0M | $590.0M | $305.0M | $0 | $0 | $911.0M | $3.0B | $3.0B | $2.9B | $2.9B | $2.7B | - | - | - | - |
| FCF Margin | 64.8% | 14.5% | 21.3% | -38.8% | -25.3% | -86.4% | 16.7% | 27.3% | 29.1% | 23.5% | 16.5% | 25.1% | 25.7% | 14.4% | 12.3% |