70/100BVICI Properties financials
Yes. VICI Properties earned 2.35B USD of net income over the last twelve months, 56.5% of its revenue. It made a profit in 12 of its 12 fiscal years since 2014.
- Revenue (TTM)
- 4.16B USD
- Net income (TTM)
- 2.35B USD
- Cash and short-term investments
- 270.32M USD
- Total debt
- 17.83B USD
- Shareholders' equity
- 29.01B USD
Cash, debt and equity as of 30 Sept 2026.
VICI Properties earnings
Revenue
EPS
| Period | Report date | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|---|
| Q1 FY2027 | 0.74 | — | — | -10.29% | 1.07B | — | — | +5.37% | |
| Q4 FY2026 | 0.72 | — | — | +27.02% | 1.07B | — | — | +5.53% | |
| Q3 FY2026 | 0.72 | 0.31 | -56.94% | -56.34% | 1.06B | 1.07B | +0.50% | +4.95% | |
| Q2 FY2026 | 0.71 | 0.48 | -32.68% | -41.46% | 1.04B | 1.06B | +1.89% | +5.71% | |
| Q1 FY2026 | 0.71 | 0.82 | +15.98% | +60.78% | 1.01B | 1.02B | +0.42% | +3.49% | |
| Q4 FY2025 | 0.70 | 0.57 | -18.10% | -1.72% | 1.01B | 1.01B | +0.36% | +3.79% | |
| Q3 FY2025 | 0.59 | 0.71 | +20.34% | +1.43% | 1.01B | 1.02B | +0.26% | +5.24% | |
| Q2 FY2025 | 0.60 | 0.82 | +36.67% | +15.49% | 993.90M | 1.00B | +0.75% | +4.63% |
| Period | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|
| FY2027 | 2.96 | — | — | +15.02% | 4.34B | — | — | +3.27% |
| FY2026 | 2.58 | — | — | -1.26% | 4.20B | — | — | +4.66% |
| FY2025 | 2.75 | 2.61 | -5.03% | +1.95% | 3.99B | 4.01B | +0.53% | +4.28% |
| FY2024 | 2.65 | 2.56 | -3.55% | +3.23% | 3.84B | 3.85B | +0.31% | +6.57% |
| FY2023 | 2.43 | 2.48 | +2.22% | +37.78% | 3.58B | 3.61B | +0.86% | +38.89% |
| FY2022 | 1.22 | 1.80 | +47.96% | +2.27% | 2.56B | 2.60B | +1.47% | +72.28% |
VICI Properties growth and profitability
Full income statement- Revenue (TTM)
- 4.16B USD
- Net income (TTM)
- 2.35B USD
- Gross margin
- 98.88%
- Operating margin
- 77.40%
- Net margin
- 56.46%
Revenue / Net income
How VICI Properties makes its money
FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.
FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.
VICI Properties revenue breakdown
By product
| Segment | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| Real Property Business | 1.48B | 100.0% | +23.1% |
Operating and free cash flow
Full cash flow statementVICI Properties financial health
Full balance sheet- Cash and short-term investments
- 270.32M USD
- Total debt
- 17.83B USD
- Net cash
- -17.56B USD
- Current ratio
- 0.45
- Debt to equity
- 0.61
- Piotroski score
- 5 / 9
- Altman Z-score
- 1.28
Cash, debt and free cash flow
Assets, liabilities and equity
VICI Properties valuation
- Price to earnings ratio (TTM)
- 11.38
- Forward P/E (FY2026)
- 9.62
- Price to sales (TTM)
- 6.57
- Price to book
- 0.94
- EV / EBITDA (TTM)
- 13.88
Capital structure
Valuation over time
VICI Properties against its own history
Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.
Its peers: W. P. Carey, Janus Living, Essential Properties Realty Trust, Rithm Capital, and Broadstone Net Lease, the US REIT - Diversified companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.
- P/E (today)Below its median11.410.434.6
- Gross marginHighest in 5 years99.3%98.6%99.3%Against its peers: 2 of 6Peers' median 84.0%
- Operating marginBelow its median91.2%62.8%95.7%Against its peers: 1 of 6Peers' median 44.6%
- Net marginAt its median69.3%43.0%69.6%Against its peers: 1 of 6Peers' median 22.4%
- Return on equityAbove its median10.0%5.1%10.1%Against its peers: 1 of 6Peers' median 5.7%
- Free cash flow marginAbove its median62.6%59.2%74.7%Against its peers: 3 of 6Peers' median 58.8%
- Revenue growthLowest in 5 years4.1%4.1%72.3%Against its peers: 6 of 6Peers' median 20.0%
- EPS growthAt its median2.0%-27.8%94.5%Against its peers: 2 of 5Peers' median -18.4%
- Debt to EBITDABelow its median4.82×3.51×8.66×Against its peers: 2 of 6Peers' median 6.54×
- Current ratioBelow its median26.689.9928.97Against its peers: 2 of 6Peers' median 1.79
Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.
VICI Properties dividends
- Annual dividend
- 1.84 USD
- Dividend yield (indicated)
- 7.42%
- Payout ratio (FFO)
- 81.23%
- Years of dividend growth
- 8
- Frequency
- Quarterly
- Last payment
- 0.46 USD
- Last ex-dividend date
- 17 Sept 2026
- Last payment date
- 8 Oct 2026
Dividends per share
VICI Properties ownership
- Institutions
- 98.14%
- Institutional holders
- 976 (+2)
- Free float
- 99.56%
Who owns the shares
Shares free to trade
Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.
Insider trading
| Quarter | Purchases | Sales | Shares acquired | Shares disposed of |
|---|---|---|---|---|
| Q3 2026 | 0 | 0 | 2.66K | 0.00 |
| Q2 2026 | 0 | 0 | 47.80K | 20.00K |
| Q1 2026 | 0 | 0 | 212.79K | 66.19K |
| Q4 2025 | 0 | 0 | 2.68K | 20.00K |
Shares outstanding
Common questions about VICI Properties's financials
Source: Financial Modeling Prep