LAS VEGAS SANDS CORP.

LVSCIK 000130051417 fiscal years

RevenueFY2025

$13.02B15.2%

Net incomeFY2025

$1.63B12.5%

Free cash flowFY2025

$1.85B13.3%

Diluted EPSFY2025

$2.3519.9%

Trends

FY2009–FY2025 · hover a year for its filing

Revenue & net incomeRevenueNet income

revenue 2.9× since FY2009 · net margin -7.8% → 12.5%

MarginsNet marginFCF margin

FY2025: net 12.5% · free cash flow 14.3% of revenue

Cash flowOperating cash flowFree cash flow

FY2025: $3.02B operating cash − $1.17B capex = $1.85B free cash flow

Returns on capitalReturn on equityReturn on assets

return on equity 9% (FY2010) → 102% (FY2025) · on assets 7.4%

Balance sheetLiabilitiesEquity

FY2025: $21.92B assets · $19.99B liabilities · $1.59B equity

Financial statements

Annual Quarterly

USD millions, except per-share values; share counts in millions. Hover a value for its XBRL tag and filing accession.

USD millions	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014
Revenue	13,017	11,298	10,372	4,110	4,234	2,940	12,127	13,729	12,728	11,271	11,688	14,584
Net income	1,627	1,446	1,221	1,832	(961)	(1,685)	2,698	2,413	2,808	1,679	1,966	2,841
Diluted EPS	2.35	1.96	1.60	2.40	(1.26)	(2.21)	3.50	3.07	3.55	2.11	2.47	3.52
Diluted shares	693	737	765	764	764	764	771	786	792	795	798	808
Operating cash flow	3,023	3,204	3,227	(944)	(243)	(1,191)	2,803	4,701	4,543	4,044	3,459	4,833
Capital expenditures	1,168	1,567	1,017	651	828	1,227	1,018	949	837	1,398	1,529	1,179
Free cash flow	1,855	1,637	2,210	(1,595)	(1,071)	(2,418)	1,785	3,752	3,706	2,646	1,930	3,654
Cash & equivalents	3,841	3,650	5,105	6,311	1,854	2,082	4,226	4,648	2,419	2,128	2,179	3,506
Total assets	21,920	20,666	21,778	22,039	20,059	20,807	23,199	22,547	20,687	20,469	20,863	22,354
Total liabilities	19,986	17,506	17,674	18,383	17,811	17,269	16,692	15,802	13,060	12,973	12,445	13,333
Shareholders' equity	1,590	2,884	4,118	3,881	1,996	2,973	5,187	5,684	6,486	6,177	6,817	7,214

As reported in SEC filings; a missing tag shows “—”, never zero. Free cash flow is operating cash flow − capex. Methodology