Las Vegas Sands Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	2,099	1,866	1,752	1,431	-1,541	-1,469
Depreciation & Amortization	1,601	1,598	1,425	1,327	1,148	1,149
Stock-Based Compensation	67	54	55	44	39	22
Other Adjustments	308	288	-47	36	-754	144
Change in Receivables	-340	-392	43	-217	-78	43
Changes in Accounts Payable	5	22	-1	76	11	-11
Changes in Other Operating Activities	-519	-414	-23	531	380	137
Operating Cash Flow	2,024	3,022	3,204	3,228	-795	15
Operating Cash Flow Growth	-1.32%	-5.68%	-0.74%	-	-	-
Capital Expenditures	-983	-1,168	-1,567	-1,017	-651	-828
Sale of Property, Plant & Equipment	7	7	1	3	9	7
Purchases of Intangible Assets	-	-75	-13	-240	-129	-11
Other Investing Activities	16	19	-	-	4,933	-63
Investing Cash Flow	-949	-1,217	-1,579	-1,254	4,162	-895
Long-Term Debt Issued	4,781	6,781	1,748	-	1,200	2,702
Long-Term Debt Repaid	-3,038	-4,918	-2,074	-2,069	-66	-1,867
Net Long-Term Debt Issued (Repaid)	1,743	1,863	-326	-2,069	1,134	835
Issuance of Common Stock	267	264	1	4	-	19
Repurchase of Common Stock	-2,560	-2,219	-1,755	-507	-1	-
Net Common Stock Issued (Repurchased)	-2,293	-1,955	-1,754	-503	-1	19
Common Dividends Paid	-1,069	-833	-590	-305	-	-
Other Financing Activities	-467.5	-718	-390	-311	5,021	9
Financing Cash Flow	-1,991	-1,643	-3,060	-3,188	6,154	863
Effect of Exchange Rate Changes on Cash and Cash Equivalents	6	28	-19	8	22	-16
Net Cash Flow	294	191	-1,454	-1,207	4,511	-212
Free Cash Flow	1,041	1,854	1,637	2,211	-1,446	-813
Free Cash Flow Growth	-43.85%	13.26%	-25.96%	-	-	-
FCF Margin	7.58%	14.24%	14.49%	21.32%	-35.18%	-19.20%
Free Cash Flow Per Share	1.53	2.68	2.22	2.89	-1.89	-1.06
Levered Free Cash Flow	3,689	3,528	954	69	3,854	321
Unlevered Free Cash Flow	2,728	2,414	1,981	2,782	8.06	-239.66

SEC Filings: 10-K · 10-Q