Las Vegas Sands Corp.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $1.63B | $1.45B | $1.22B | $1.83B | $-961.0M | $-1.69B | $2.70B | $2.41B |
| Depreciation & Amortization | $1.46B | $1.31B | $1.21B | $1.04B | $1.04B | $997.0M | $1.02B | $1.11B |
| Depreciation | $1.39B | $1.24B | $1.14B | $1.01B | $1.02B | $980.0M | $1.00B | $1.10B |
| Amortization | $77.0M | $68.0M | $67.0M | $17.0M | $18.0M | $17.0M | $17.0M | $16.0M |
| Stock-Based Compensation | $54.0M | $55.0M | $44.0M | $39.0M | $22.0M | $22.0M | $35.0M | $30.0M |
| Net Cash from Operating Activities | $3.02B | $3.20B | $3.23B | $-944.0M | $-243.0M | $-1.31B | $3.04B | $4.70B |
| Investing Activities | ||||||||
| Capital Expenditures | $1.17B | $1.57B | $1.02B | $651.0M | $828.0M | $1.23B | $1.02B | $949.0M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-1.22B | $-1.58B | $-1.25B | — | — | $-1.33B | $-103.0M | $-930.0M |
| Financing Activities | ||||||||
| Dividends Paid | $833.0M | $590.0M | $305.0M | $0 | $0 | $911.0M | $3.00B | $2.98B |
| Stock Repurchases | $2.22B | $1.75B | $505.0M | $0 | $0 | $0 | $754.0M | $905.0M |
| Net Cash from Financing Activities | $-1.64B | $-3.06B | $-3.19B | — | — | $560.0M | $-3.37B | $-1.52B |
| Net Change in Cash | $191.0M | $-1.45B | $-1.21B | $4.51B | $-212.0M | $-2.11B | $-419.0M | $2.23B |
| Free Cash Flow | $1.86B | $1.64B | $2.21B | $-1.60B | $-1.07B | $-2.54B | $2.02B | $3.75B |