Las Vegas Sands Corp. LVS
- Market cap
- $25.2B
- P/E
- 15.1×
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Las Vegas Sands Corp. (LVS) Free cash flow margin
Las Vegas Sands Corp.'s free cash flow margin over the twelve months to 30 June 2026 was 19.8%, up 6.0 percentage points from fiscal 2025 (13.7%). Over the past ten years it has ranged from −82.2% (fiscal 2020) to 29.2% (fiscal 2017); the current reading is higher than 36% of that period. That is above the Resorts & Casinos industry median of 4.23% and above the Consumer Cyclical sector median of 2.68%.
Free cash flow margin, annual
Annual
| Period | Free cash flow margin | Change (points) |
|---|---|---|
| FY2025 | 13.7% | (0.65) |
| FY2024 | 14.4% | (4.64) |
| FY2023 | 19.0% | 60.75 |
| FY2022 | −41.7% | (16.34) |
| FY2021 | −25.4% | 56.82 |
| FY2020 | −82.2% | (96.53) |
| FY2019 | 14.3% | (13.15) |
| FY2018 | 27.5% | (1.76) |
| FY2017 | 29.2% | 6.13 |
| FY2016 | 23.1% | 6.57 |
Against its own ten years
Free cash flow margin against peers
| Company | Free cash flow margin |
|---|---|
| LVS Las Vegas Sands Corp. | 19.8% |
| MGM MGM Resorts International compare | 11.3% |
| WYNN Wynn Resorts, Limited compare | 10.8% |
| RRR Red Rock Resorts, Inc. compare | 9.65% |
| CZR Caesars Entertainment, Inc. compare | 7.25% |
| MTN Vail Resorts, Inc. compare | 6.63% |
| HGV Hilton Grand Vacations Inc. compare | 6.48% |
| VAC Marriott Vacations Worldwide Corporation compare | 1.98% |
| BYD Boyd Gaming Corporation compare | 0.86% |
| Resorts & Casinos industry median | 4.23% |
| Consumer Cyclical sector median | 2.68% |
| Market median | 0.00% |
What Free cash flow margin is
Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.
(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue
More on LVS
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement