Las Vegas Sands Corp (LVS) — Free Cash Flow Generation Index
Las Vegas Sands Corp (LVS) has a Free Cash Flow Generation Index of 0.77x as of December 2025. Free cash flow of $930.00 Million represents 1% of operating cash flow ($1.20 Billion). Read LVS total debt and obligations for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Las Vegas Sands Corp Free Cash Flow Generation Index (2002–2025)
Historical FCF Generation Index trend for Las Vegas Sands Corp across 21 annual periods. Explore Las Vegas Sands Corp (LVS) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Las Vegas Sands Corp (2002–2025)
Year-by-year Free Cash Flow Generation Index for Las Vegas Sands Corp. For the full company profile including market capitalisation, see how much is Las Vegas Sands Corp worth.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.59x | $1.65 Billion | $2.82 Billion | $1.17 Billion | ▲ +15.6% |
| 2024 | 0.51x | $1.62 Billion | $3.20 Billion | $1.58 Billion | ▼ -17.0% |
| 2023 | 0.61x | $1.97 Billion | $3.23 Billion | $1.26 Billion | ▲ +101.1% |
| 2021 | -54.93x | $-824.00 Million | $15.00 Million | $839.00 Million | ▼ -8361.8% |
| 2019 | 0.66x | $2.02 Billion | $3.04 Billion | $1.02 Billion | ▼ -16.7% |
| 2018 | 0.80x | $3.75 Billion | $4.70 Billion | $949.00 Million | ▼ -2.2% |
| 2017 | 0.82x | $3.71 Billion | $4.54 Billion | $837.00 Million | ▲ +26.9% |
| 2016 | 0.64x | $2.60 Billion | $4.04 Billion | $1.45 Billion | ▲ +15.2% |
| 2015 | 0.56x | $1.93 Billion | $3.46 Billion | $1.53 Billion | ▼ -26.2% |
| 2014 | 0.76x | $3.65 Billion | $4.83 Billion | $1.18 Billion | ▼ -4.0% |
| 2013 | 0.79x | $3.50 Billion | $4.44 Billion | $943.98 Million | ▲ +49.7% |
| 2012 | 0.53x | $1.61 Billion | $3.06 Billion | $1.45 Billion | ▲ +21.4% |
| 2011 | 0.43x | $1.15 Billion | $2.66 Billion | $1.51 Billion | ▲ +507.0% |
| 2010 | -0.11x | $-199.13 Million | $1.87 Billion | $2.07 Billion | ▲ +95.3% |
| 2009 | -2.28x | $-1.45 Billion | $638.61 Million | $2.09 Billion | ▲ +92.2% |
| 2008 | -29.34x | $-3.66 Billion | $124.87 Million | $3.79 Billion | ▼ -212.8% |
| 2007 | -9.38x | $-3.43 Billion | $365.46 Million | $3.79 Billion | ▼ -1944.2% |
| 2005 | -0.46x | $-270.70 Million | $589.92 Million | $860.62 Million | ▼ -85.5% |
| 2004 | -0.25x | $-92.38 Million | $373.37 Million | $465.75 Million | ▲ +76.2% |
| 2003 | -1.04x | $-142.83 Million | $137.12 Million | $279.95 Million | ▼ -81.3% |
| 2002 | -0.57x | $-49.90 Million | $86.84 Million | $136.74 Million | — |