Las Vegas Sands Corp (LVS) — Cash Flow Quality Index

Latest as of December 2025: 3.05x

Las Vegas Sands Corp (LVS) has a Cash Flow Quality Index of 3.05x as of December 2025. Operating cash flow of $1.20 Billion exceeds net income of $395.00 Million, indicating high earnings quality where cash backs reported profits. Explore LVS debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

3.05x
Operating CF / Net Income

Operating Cash Flow

$1.20 Billion
USD

Net Income

$395.00 Million
USD

Data as of

Dec 2025
Most recent filing

Las Vegas Sands Corp Cash Flow Quality Index (2002–2025)

Historical Cash Flow Quality Index for Las Vegas Sands Corp across 19 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Las Vegas Sands Corp cash conversion from operations.

Annual Cash Flow Quality Index for Las Vegas Sands Corp (2002–2025)

Year-by-year earnings quality comparison for Las Vegas Sands Corp.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 1.51x $2.82 Billion $1.87 Billion ▼ -17.3%
2024 1.83x $3.20 Billion $1.75 Billion ▼ -18.9%
2023 2.26x $3.23 Billion $1.43 Billion ▲ +100.3%
2019 1.13x $3.04 Billion $2.70 Billion ▼ -29.3%
2018 1.59x $4.70 Billion $2.95 Billion ▲ +14.4%
2017 1.39x $4.54 Billion $3.26 Billion ▼ -30.3%
2016 2.00x $4.04 Billion $2.02 Billion ▲ +37.8%
2015 1.45x $3.46 Billion $2.39 Billion ▲ +7.6%
2014 1.35x $4.83 Billion $3.59 Billion ▼ -10.4%
2013 1.50x $4.44 Billion $2.95 Billion ▼ -7.5%
2012 1.62x $3.06 Billion $1.88 Billion ▲ +14.9%
2011 1.41x $2.66 Billion $1.88 Billion ▼ -40.9%
2010 2.39x $1.87 Billion $781.60 Million ▼ -23.6%
2007 3.13x $365.46 Million $116.69 Million ▲ +803.7%
2006 -0.45x $-196.72 Million $442.00 Million ▼ -121.4%
2005 2.08x $589.92 Million $283.69 Million ▲ +175.8%
2004 0.75x $373.37 Million $495.18 Million ▼ -63.4%
2003 2.06x $137.12 Million $66.63 Million ▼ -6.3%
2002 2.20x $86.84 Million $39.55 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.