Capital Expenditures for Las Vegas Sands (LVS)
According to Las Vegas Sands's latest reported financial statements, the company's current capital expenditures (TTM) is $908.00M USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingCapital ExpendituresSwitch metric
Latest period
$908.00M
YoY change
-21.3%
5Y CAGR
+0.3%
Peak year (2007)
$3.79B
Cumulative capital expenditures
$33.34B
CapEx history chart for Las Vegas Sands (LVS) from 2000 to 2025
CapEx history table for Las Vegas Sands (LVS) from 2000 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $1.24B | -21.3% | ||
| 2024 | $1.58B | +25.7% | ||
| 2023 | $1.26B | +61.2% | ||
| 2022 | $780.00M | -7.0% | ||
| 2021 | $839.00M | -31.6% | ||
| 2020 | $1.23B | +14.6% | ||
| 2019 | $1.07B | +12.9% | ||
| 2018 | $949.00M | +13.4% | ||
| 2017 | $837.00M | -42.1% | ||
| 2016 | $1.45B | -5.5% | ||
| 2015 | $1.53B | +29.7% | ||
| 2014 | $1.18B | +24.9% | ||
| 2013 | $943.98M | -34.9% | ||
| 2012 | $1.45B | -3.9% | ||
| 2011 | $1.51B | -27.1% | ||
| 2010 | $2.07B | -1.1% | ||
| 2009 | $2.09B | -44.8% | ||
| 2008 | $3.79B | -0.1% | ||
| 2007 | $3.79B | +97.0% | ||
| 2006 | $1.93B | +123.7% | ||
| 2005 | $860.62M | +84.8% | ||
| 2004 | $465.75M | +66.4% | ||
| 2003 | $279.95M | +104.7% | ||
| 2002 | $136.74M | +144.1% | ||
| 2001 | $56.02M | +82.6% | ||
| 2000 | $30.68M | — |
CapEx values are taken from Las Vegas Sands's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Las Vegas Sands (LVS) capital expenditures is $1.24B – declined 21.3% year-over-year.
Through 2020–2025 (5 years), Las Vegas Sands capital expenditures delivered a +0.3% annualised rate; with the latest reading among the more recent periods of the dataset.
Las Vegas Sands capital expenditures peaked at $3.79B in 2007; the latest annual figure is $1.24B in 2025 (67.2% below peak).
$3.79B stands as the all-time-high annual capital expenditures, posted in 2007, against a low of $30.68M during 2000.
Las Vegas Sands (LVS) sits 7th of 8 Consumer Cyclical peers we track on this metric, against a peer median of $3.52B.
Las Vegas Sands Capital Expenditures by Year
Las Vegas Sands Capital Expenditures 2025: $1.24B
Las Vegas Sands capital expenditures in 2025 was $1.24B, declined 21.3% below 2024.
Las Vegas Sands Capital Expenditures 2024: $1.58B
Las Vegas Sands capital expenditures in 2024 was $1.58B, grew 25.7% from 2023.
Las Vegas Sands Capital Expenditures 2023: $1.26B
Las Vegas Sands capital expenditures in 2023 was $1.26B, surged 61.2% from 2022.
Las Vegas Sands Capital Expenditures 2022: $780.00M
Las Vegas Sands capital expenditures in 2022 was $780.00M, declined 7.0% below 2021.
Las Vegas Sands Capital Expenditures 2021: $839.00M
Las Vegas Sands capital expenditures in 2021 was $839.00M.
See more financial history for Las Vegas Sands (LVS).
Sector peers — CapEx
Companies in the same sector as Las Vegas Sands, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Amazon.com, Inc. (AMZN) | $131.82B | Consumer Cyclical |
| Alibaba Group Holding Limited (BABA) | $86.66B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $8.53B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $3.68B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $3.37B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $1.96B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $322.00M | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $0 | Consumer Cyclical |
Frequently asked questions
What is Las Vegas Sands's capital expenditures?
- Latest reported capital expenditures for Las Vegas Sands (LVS) is $908.00M (period ending March 31, 2026).
How has Las Vegas Sands capital expenditures changed year-over-year?
- Las Vegas Sands (LVS) capital expenditures changed -21.3% year-over-year on the latest annual filing.
What is the long-term growth rate of Las Vegas Sands capital expenditures?
- Las Vegas Sands (LVS) capital expenditures compound annual growth rate is +0.3% over the most recent 5 years available.
When did Las Vegas Sands capital expenditures hit its highest annual value?
- Las Vegas Sands capital expenditures reached its highest annual value of $3.79B in 2007.
What was Las Vegas Sands capital expenditures in 2024?
- Las Vegas Sands (LVS) capital expenditures in 2024 was $1.58B.
What was Las Vegas Sands capital expenditures in 2025?
- Las Vegas Sands (LVS) capital expenditures in 2025 was $1.24B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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