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VICI PROPERTIES INC.

VICI

$26.56 ▲ +0.17 (+0.64%) at close

10 Visible periods

33 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Good

Bullish

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Analytical Summary

VICI PROPERTIES INC. shows strong fundamentals with top-quartile Profit Margin (%). The company's metrics support a bullish outlook for growth-oriented investors.

Market Cap $28.2B

Dividend Yield 6.65%

Revenue Growth 4.1% ↘

Op. Margin None

ROIC None

FCF / Share None

Trailing P/E 10.2x

Price / Book 1.0x

FCF Yield —

Debt / Equity 0.60

info Valuation on last close. End-of-day price, Aug 6, 2026.

10-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$4.01B

↑ +4.1% —

Net Income Profit after all expenses

$2.78B

↑ +3.6% —

Operating Margin Operating profit as % of sales

26.2%

↓ -72.2% —

Long-Term Debt Long-term obligations

$16.77B

— +0.2% —

trending_up

Bullish Indicators

Profit Margin (%)Profit Margin (%) is in the top quartile

warning

Bearish Risks

No bearish risks detected.

Health Breakdown

Profitability →

100

Returns ↑

Financial Health ↑

Dividend History

Dividend / share · sourced from SEC filings

$1.76 Latest / share

+4.1% YoY

+29.6% 8-yr CAGR

FY 2016

FY 2017

$0.29

FY 2018

$0.30

FY 2019

$1.25

FY 2020

$1.38

FY 2021

$1.50

FY 2022

$1.61

FY 2023

$1.70

FY 2024

$1.76

FY 2025

Financial view

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📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗
Revenue Growth YoY (%)	4.1% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-18%)	6.6% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+31%)	38.9% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+678%)	72.3% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+1346%)	23.2% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+363%)	37.0% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+639%)	-0.4% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-107%)	378.6% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+7473%)	—	—
EPS Growth YoY (%)	2.0% Caution ↓ Caution Declining Year-over-year change in earnings per share Optimal: > 10%	3.2% Caution ↓ Caution Declining Year-over-year change in earnings per share Optimal: > 10%	95.3% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-29.4% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	2.3% Caution ↓ Caution Declining Year-over-year change in earnings per share Optimal: > 10%	40.8% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	-12.6% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	—	—	—
Net Income Growth YoY (%)	3.6% Caution ↓ Caution Declining Year-over-year change in net income	6.6% Fair ↓ Fair Declining Year-over-year change in net income	124.9% Excellent ↑ Excellent Improving Year-over-year change in net income	10.2% Fair ↓ Fair Declining Year-over-year change in net income	13.7% Fair ↓ Fair Declining Year-over-year change in net income	63.3% Excellent ↓ Excellent Declining Year-over-year change in net income	4.3% Caution Caution Year-over-year change in net income	1075.7% Excellent Excellent Year-over-year change in net income	—	—
FCF Growth YoY (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Revenue CAGR 3Y (%)	15.5% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	36.6% Excellent → Excellent Stable Compound annual revenue growth over 3 years	43.4% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	42.7% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	18.9% Excellent Excellent Compound annual revenue growth over 3 years	86.9% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	26.7% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	33.9% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	32.1% Excellent Excellent Compound annual revenue growth over 5 years	69.2% Excellent Excellent Compound annual revenue growth over 5 years	—	—	—	—	—	—
EPS CAGR 3Y (%)	27.1% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	12.5% Good ↑ Good Improving Compound annual EPS growth over 3 years	12.1% Good ↑ Good Improving Compound annual EPS growth over 3 years	0.5% Caution Caution Compound annual EPS growth over 3 years	8.0% Fair Fair Compound annual EPS growth over 3 years	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗
Operating Margin (%) (%)	—	—	—	—	—	26.2% Excellent ↓ Excellent Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-13%)	94.2% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+214%)	84.4% Excellent Excellent Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+181%)	76.9% Excellent Excellent Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+156%)	—
Effective Tax Rate (%) (%)	0.1% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.4% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.2% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.3% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.3% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.1% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.3% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.3% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	-4.5% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—
Profit Margin (%) (%)	69.3% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+177%)	69.6% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+178%)	69.6% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+178%)	43.0% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+72%)	67.2% Excellent → Excellent Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+169%)	72.8% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+191%)	61.0% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+144%)	58.3% Excellent Excellent Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+133%)	23.7% Excellent Excellent Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-5%)	—
FCF Margin (%) (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FCF / Net Income (x) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗
Return on Invested Capital (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Capital (%) (%)	—	—	—	—	—	1.9% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	6.4% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	6.7% Caution Caution Operating profit relative to total assets Optimal: > 10%	1.5% Weak Weak Operating profit relative to total assets Optimal: > 10%	—
Return on Common Equity (%) (%)	10.0% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+25%)	10.1% Fair ↑ Fair Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+26%)	10.0% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+24%)	5.1% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-36%)	8.4% Caution → Caution Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: At sector avg	9.5% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+18%)	6.9% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-14%)	7.7% Caution Caution Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: At sector avg	0.9% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-88%)	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗
Debt to Equity (x)	0.60x Fair ↓ Fair Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-40%)	0.63x Fair ↑ Fair Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-37%)	0.66x Fair ↑ Fair Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-34%)	0.63x Fair ↑ Fair Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-37%)	0.39x Good ↓ Good Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-61%)	0.72x Fair → Fair Stable Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-28%)	0.60x Fair ↓ Fair Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-40%)	0.60x Fair Fair Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-40%)	1.03x Caution Caution Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: At sector avg	—
Interest Coverage (x) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Debt (USD)	$16.21B	$16.21B	$16.20B	$13.53B	$3.95B	$6.45B	$3.69B	$3.54B	$4.63B	—
Debt / EBITDA (x) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

📊 What does each share earn? 8 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗
Revenue per Share (USD)	$3.77	$3.68	$3.56	$2.96	$2.67	$2.42	$2.06	$2.45	—	—
Basic EPS, GAAP (USD)	$2.61	$2.56	$2.48	$1.27	$1.80	$1.76	$1.25	$1.43	—	—
Free Cash Flow per Share (USD) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividend per Share (USD)	$1.76	$1.70	$1.61	$1.50	$1.38	$1.25	$0.30	$0.29	—	—
Book Value per Share (USD)	$26.01	$25.12	$24.22	$22.77	$19.25	$17.54	$17.28	$16.84	$15.62	—
Tangible Book Value per Share (USD)	$26.01	$25.12	$24.22	$22.77	$19.25	$17.54	$17.28	$16.84	$15.62	—
Basic Weighted Avg Shares (shares)	1.06B	1.05B	1.01B	877.51M	564.47M	506.14M	435.07M	367.23M	—	—
Dividend Payout Ratio (%)	67.6% Fair ↓ Fair Declining Dividends paid as a percentage of earnings Optimal: 30-60%	66.2% Fair ↓ Fair Declining Dividends paid as a percentage of earnings Optimal: 30-60%	64.9% Fair ↓ Fair Declining Dividends paid as a percentage of earnings Optimal: 30-60%	118.1% Weak ↑ Weak Improving Dividends paid as a percentage of earnings Optimal: 30-60%	76.7% Caution ↑ Caution Improving Dividends paid as a percentage of earnings Optimal: 30-60%	71.3% Caution ↑ Caution Improving Dividends paid as a percentage of earnings Optimal: 30-60%	23.8% Excellent Excellent Dividends paid as a percentage of earnings Optimal: 30-60%	20.1% Excellent Excellent Dividends paid as a percentage of earnings Optimal: 30-60%	—	—

🏦 How resilient is the balance sheet? 2 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗
LT Debt (USD)	$16.77B	$16.73B	$16.72B	$13.74B	$4.69B	$6.77B	$4.79B	$4.12B	$4.82B	—
Total Equity (USD)	$27.80B	$26.54B	$25.26B	$21.93B	$12.11B	$9.42B	$7.97B	$6.82B	$4.69B	—

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗
Sales/Revenue/Turnover (USD)	$4.01B	$3.85B	$3.61B	$2.60B	$1.51B	$1.23B	$894.80M	$897.98M	$187.61M	—
Depreciation Expense (USD)	$3.64M	$4.12M	$4.30M	$3.18M	$3.09M	$3.73M	$3.83M	$3.69M	$751.00K	—
Net Income, GAAP (USD)	$2.78B	$2.68B	$2.51B	$1.12B	$1.01B	$891.67M	$545.96M	$523.62M	$44.54M	—
Operating Cash Flow (USD)	$2.51B	$2.38B	$2.18B	$1.94B	$896.35M	$883.64M	$682.16M	$504.08M	—	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 10 years · 37 quarters

VICI PROPERTIES INC.

Analytical Summary

10-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

Dividend History

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