Las Vegas Sands Corp (LVS) — Cash Flow Reinvestment Rate
Las Vegas Sands Corp (LVS) has a Cash Flow Reinvestment Rate of 0.23x as of December 2025, reinvesting $274.00 Million (capex $274.00 Million ) from operating cash flow of $1.20 Billion. See LVS FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Las Vegas Sands Corp Cash Flow Reinvestment Rate (2002–2025)
Historical reinvestment intensity for Las Vegas Sands Corp across 21 annual periods. For the full cash flow conversion analysis, see Las Vegas Sands Corp (LVS) cash conversion ratio.
Annual Cash Flow Reinvestment Rate for Las Vegas Sands Corp (2002–2025)
Year-by-year capital reinvestment analysis for Las Vegas Sands Corp. See Las Vegas Sands Corp financial flexibility index to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.41x | $1.17 Billion | $2.82 Billion | $1.17 Billion | ▼ -58.0% |
| 2024 | 0.99x | $3.16 Billion | $3.20 Billion | $1.58 Billion | ▲ +38.1% |
| 2023 | 0.71x | $2.30 Billion | $3.23 Billion | $1.26 Billion | ▼ -99.4% |
| 2021 | 115.60x | $1.73 Billion | $15.00 Million | $839.00 Million | ▲ +31228.5% |
| 2019 | 0.37x | $1.12 Billion | $3.04 Billion | $1.02 Billion | ▼ -7.7% |
| 2018 | 0.40x | $1.88 Billion | $4.70 Billion | $949.00 Million | ▲ +9.4% |
| 2017 | 0.37x | $1.66 Billion | $4.54 Billion | $837.00 Million | ▼ -48.8% |
| 2016 | 0.71x | $2.89 Billion | $4.04 Billion | $1.45 Billion | ▲ +61.5% |
| 2015 | 0.44x | $1.53 Billion | $3.46 Billion | $1.53 Billion | ▲ +81.2% |
| 2014 | 0.24x | $1.18 Billion | $4.83 Billion | $1.18 Billion | ▲ +14.7% |
| 2013 | 0.21x | $943.98 Million | $4.44 Billion | $943.98 Million | ▼ -55.1% |
| 2012 | 0.47x | $1.45 Billion | $3.06 Billion | $1.45 Billion | ▼ -16.4% |
| 2011 | 0.57x | $1.51 Billion | $2.66 Billion | $1.51 Billion | ▼ -48.8% |
| 2010 | 1.11x | $2.07 Billion | $1.87 Billion | $2.07 Billion | ▼ -66.2% |
| 2009 | 3.28x | $2.09 Billion | $638.61 Million | $2.09 Billion | ▼ -89.2% |
| 2008 | 30.34x | $3.79 Billion | $124.87 Million | $3.79 Billion | ▲ +192.3% |
| 2007 | 10.38x | $3.79 Billion | $365.46 Million | $3.79 Billion | ▲ +611.5% |
| 2005 | 1.46x | $860.62 Million | $589.92 Million | $860.62 Million | ▲ +17.0% |
| 2004 | 1.25x | $465.75 Million | $373.37 Million | $465.75 Million | ▼ -38.9% |
| 2003 | 2.04x | $279.95 Million | $137.12 Million | $279.95 Million | ▲ +29.7% |
| 2002 | 1.57x | $136.74 Million | $86.84 Million | $136.74 Million | — |