Las Vegas Sands Corp (LVS) — Financial Flexibility Index
Las Vegas Sands Corp (LVS) has a Financial Flexibility Index of 0.07x as of December 2025. Free cash flow of $1.48 Billion (operating CF $1.20 Billion minus capex $274.00 Million) represents 0% of total liabilities ($19.99 Billion). Check Las Vegas Sands Corp investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Las Vegas Sands Corp Financial Flexibility Index (2002–2025)
Historical Financial Flexibility Index trend for Las Vegas Sands Corp across 24 annual periods. For the full cash flow conversion analysis, see LVS cash flow metrics.
Annual Financial Flexibility Index for Las Vegas Sands Corp (2002–2025)
Year-by-year free cash flow to debt coverage for Las Vegas Sands Corp. Explore LVS cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.20x | $3.99 Billion | $2.82 Billion | $19.99 Billion | ▼ -26.9% |
| 2024 | 0.27x | $4.78 Billion | $3.20 Billion | $17.51 Billion | ▲ +7.7% |
| 2023 | 0.25x | $4.48 Billion | $3.23 Billion | $17.67 Billion | ▲ +31192.5% |
| 2022 | 0.00x | $-15.00 Million | $-795.00 Million | $18.38 Billion | ▼ -101.7% |
| 2021 | 0.05x | $854.00 Million | $15.00 Million | $17.81 Billion | ▲ +1074.1% |
| 2020 | 0.00x | $-85.00 Million | $-1.31 Billion | $17.27 Billion | ▼ -102.0% |
| 2019 | 0.24x | $4.06 Billion | $3.04 Billion | $16.69 Billion | ▼ -32.0% |
| 2018 | 0.36x | $5.65 Billion | $4.70 Billion | $15.80 Billion | ▼ -13.2% |
| 2017 | 0.41x | $5.38 Billion | $4.54 Billion | $13.06 Billion | ▼ -2.6% |
| 2016 | 0.42x | $5.49 Billion | $4.04 Billion | $12.97 Billion | ▲ +5.6% |
| 2015 | 0.40x | $4.99 Billion | $3.46 Billion | $12.45 Billion | ▼ -11.1% |
| 2014 | 0.45x | $6.01 Billion | $4.83 Billion | $13.33 Billion | ▲ +10.8% |
| 2013 | 0.41x | $5.38 Billion | $4.44 Billion | $13.22 Billion | ▲ +22.0% |
| 2012 | 0.33x | $4.51 Billion | $3.06 Billion | $13.51 Billion | ▲ +2.5% |
| 2011 | 0.33x | $4.17 Billion | $2.66 Billion | $12.80 Billion | ▲ +8.4% |
| 2010 | 0.30x | $3.94 Billion | $1.87 Billion | $13.11 Billion | ▲ +49.9% |
| 2009 | 0.20x | $2.73 Billion | $638.61 Million | $13.63 Billion | ▼ -34.9% |
| 2008 | 0.31x | $3.91 Billion | $124.87 Million | $12.72 Billion | ▼ -31.9% |
| 2007 | 0.45x | $4.16 Billion | $365.46 Million | $9.21 Billion | ▲ +32.0% |
| 2006 | 0.34x | $1.73 Billion | $-196.72 Million | $5.05 Billion | ▼ -46.4% |
| 2005 | 0.64x | $1.45 Billion | $589.92 Million | $2.27 Billion | ▲ +74.0% |
| 2004 | 0.37x | $839.12 Million | $373.37 Million | $2.29 Billion | ▲ +54.5% |
| 2003 | 0.24x | $417.06 Million | $137.12 Million | $1.75 Billion | ▲ +60.1% |
| 2002 | 0.15x | $223.58 Million | $86.84 Million | $1.51 Billion | — |