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VICI Properties Inc
XNYS: VICI
22.880.09(0.39%)
8.0M
XNYS Volume

XNYS 09 Oct, 2026 5:30 PM (EDT)

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VICI Properties quarterly and annual earnings report: results, revenue, profit, P&L, balance sheet, cash flow, financial ratios, revenue mix, peer comparison, and financial documents

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Forecaster Analyst Estimates for VICI Properties share price target, revenues, EPS, net income and more

VICI Properties quarterly results: revenue, profit, and P&L – 13 quarter history

  • POSITIVE

    Quarterly Revenue VICI Properties Jun-2026 Quarterly Revenue is $1,059 Million which is growth of 5.7% YoY.

  • NEGATIVE

    Quarterly Net Profit VICI Properties Jun-2026 Quarterly Net Profit is $527 Million which is growth of -39.1% YoY.

VICI Properties Inc, Earnings Report - Quarterly Results, standalone, All financials are in USD Million and price data in USD
IndicatorGraphJun '26Mar '26Dec '25Sep '25Jun '25Mar '25Dec '24Sep '24Jun '24Mar '24Dec '23Sep '23Jun '23
Operating Rev.
1,058.51,018.51,013.11,007.51,001.3984.2976.1964.7957951.5931.9904.3898.2
Cost Of Rev.
7.46.576.86.66.46.86.86.86.58.26.36.6
Gross Profit
1,051.11,012.11,006.11,000.7994.7977.9969.3957.9950.2945923.7898891.6
⌄
306.4-82.9192.316.7-107.2222.3135.65.2-6.9143.6-28.2129.6-7
Operating Profit
744.71,095813.9984.11,101.9755.5833.7952.7957.1801.4951.8768.4898.6
-207.7-204.9-205.7-206.5-211.5-205.6-204-204.5-201.9-199.6-197.4-197.6-197.8
Profit Before Tax
534.9889.9609.7777.5883.9549.8626.7746.9756601.4750566.1703.5
Tax
-0.54-4.63.95.6-2.52.52.53.21.6-9.80.61.9
⌄
526.5872.4604.8762865.1543.6614.6732.9741.3590747.8556.3690.7
Diluted NI Avail to Com Stockholders Ann.
526.5872.4604.8762865.1543.6614.6732.9741.3590747.8556.3690.7
Basic EPS
0.50.80.60.70.80.50.60.70.70.60.70.60.7
Diluted EPS After ExtraOrdinary
0.50.80.60.70.80.50.60.70.70.60.70.60.7
Number Of Shares End
1,090.21,068.41,068.41,067.31,056.21,0561,055.21,046.61,042.71,042.41,036.71,0131,006.9
Net Income Continuing Discontinued Operations
526.5872.4604.8762865.1543.6614.6732.9741.3590747.8556.3690.7
Normalized Income
540.4890.2618778890.2554.6631.6750.2757.6603.9766.6573706.4
Interest Income
2.24.54.53.92.33.74.12.83.95.37.87.35.8
Interest
209.9209.4210.2210.3213.8209.3208.1207.3205.8204.9205.2204.9203.6
Net Interest Income
-207.7-204.9-205.7-206.5-211.5-205.6-204-204.5-201.9-199.6-197.4-197.6-197.8
EBIT
742.61,094.8815.59841,095.4755.4830.7951.5957.8801947.4763.7901.3
EBITDA
743.61,095.8816.4984.91,096.2756.4831.7952.5958.8802.1948.9764.7902.2
Reconciled Cost Of Rev.
7.46.576.86.66.46.86.86.86.58.26.36.6
Reconciled Depr.
1110.90.711111.11.610.9
Profit From Continuing Operations
535.3886614.3773.6878.4552.3624.2744.5752.8599.8759.7565.5701.6
Normalized EBITDA
747.61,100.4821.2988.81,105.9760.1838.6956.4963807.7961.3775.6908.7
*All financials are in USD Million and price data in USD

VICI Properties competitor comparison and performance snapshot within industry

VICI Properties annual results: revenue, profit, P&L, and margins as of Dec 2025 – 11 year history

  • POSITIVE

    Annual Revenue VICI Properties Dec-2025 Annual Revenue is $4,006 Million which is growth of 4.1% YoY.

  • POSITIVE

    Annual Net Profit VICI Properties Dec-2025 Annual Net Profit is $2,775 Million which is growth of 3.6% YoY.

VICI Properties Inc, Earnings Report - Annual Results, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsTTMDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
15.5%
26.7%
 4,006.13,849.23,6122,600.71,509.61,225.6894.8898201.418.818.1
Cost Of Rev. Ann.
5.7%
8.7%
27.626.726.927.122.620.817.618.999.233.813.713.4
Gross Profit Ann.
15.6%
26.9%
4,0703,979.43,822.33,584.92,578.11,488.81,207.9875.9798.8167.75.14.7
Operating Exp. Ann.
-30%
1.9%
432.4324.1277.4240.1945.644.5294.728.428.114.454.6
Operating Profit Ann.
30.8%
32%
3,637.63,655.33,544.93,344.91,632.51,444.3913.2847.5770.7153.200
-
-
-824.8-829.3-810-794.1-530.4-392.3-301.8-228.4-201.4--0-0
Other Exp. Ann.
-
-
 -5.1-4-2.337.1-26285.6-63.1-35.8---
PBT Ann.
35.3%
25.8%
2,8122,8212,7312,548.51,139.11,026897556533.642.6
Tax Ann.
-6.1%
24.6%
2.82.49.7-6.12.92.90.81.71.4-1.9
⌄
35.4%
25.5%
2,765.72,775.52,678.82,513.51,117.61,013.9891.7546523.642.7
Diluted NI Avail to Com Stockholders Ann.
35.4%
25.5%
2,765.72,775.52,678.82,513.51,117.61,013.9891.7546523.642.7
EPS Ann.
26%
7.6%
 2.62.62.51.31.81.81.31.40.1
Diluted EPS Ann.
26%
7.6%
 2.62.62.51.31.81.81.21.40.1
Number Of Shares End
3.5%
14.8%
 1,068.41,055.21,036.7963.5629.3536.6461385.9227.8360.8-
Total Exp. Ann.
-28.7%
2.4%
 350.8304.3267.1968.365.2312.347.3127.348.218.818.1
Net Income Continuing Discontinued Operations Ann.
35.4%
25.5%
2,765.72,775.52,678.82,513.51,117.61,013.9891.7546523.642.7
Normalized Income Ann.
34.4%
24.5%
2,826.62,842.42,743.22,573.21,171.81,058.5951.3622.4570.242.7-0
Interest Income Ann.
14.9%
16.2%
15.114.416.1249.50.16.82011.3---
Interest Ann.
16%
22.3%
839.9843.6826.1818.1540392.4308.6248.4212.7-00
EBITDA Ann.
29.7%
24.9%
3,640.63,653.93,545.13,346.91,672.81,421.41,202.6788.2738.6109.132.9
Reconciled Cost Of Rev. Ann.
5.7%
8.7%
27.626.726.927.122.620.817.618.999.233.813.713.4
Reconciled Depr. Ann.
4%
-0.5%
3.93.64.14.33.23.13.73.83.73.232.9
Profit From Continuing Operations Ann.
35.4%
25.8%
2,809.22,818.52,721.22,554.61,136.31,023.2896.2554.3532.144.5
Normalized EBITDA Ann.
29.2%
23.9%
3,6583,6763,565.73,378.91,704.91,447.61,257.1871.3785.7109.132.9
*All financials are in USD Million and price data in USD
Total Rev. Ann.
1Y CHG
4.1%
2Y CAGR
5.3%
3Y CAGR
15.5%
5Y CAGR
26.7%
7Y CAGR
23.8%
10Y CAGR
71.6%
Total Revenue Annual growth is lower than historical averages.
Net Profit Ann.
1Y CHG
3.6%
2Y CAGR
5.1%
3Y CAGR
35.4%
5Y CAGR
25.5%
7Y CAGR
26.9%
Net Profit Annual growth is lower than historical averages.
Operating Exp. Ann.
1Y CHG
16.8%
2Y CAGR
16.2%
3Y CAGR
-30%
5Y CAGR
1.9%
7Y CAGR
41.8%
10Y CAGR
53%
Operating Expenses Annual Cr growth is stable compared to historical averages.

VICI Properties balance sheet as of Dec 2025: assets, liabilities, reserves, and borrowings – 11 year history

  • POSITIVE

    Total Shareholders Fund VICI Properties Dec-2025 Total Shareholders Fund is $27,798 Million which is growth of 4.7% YoY.

  • POSITIVE

    Total Assets VICI Properties Dec-2025 Total Assets is $46,724 Million which is growth of 3.0% YoY.

VICI Properties Inc, Balance Sheet, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
7.5%
22.3%
46,724.245,368.944,059.837,575.817,597.417,063.613,265.611,333.49,739.790.592
⌄
6.6%
19.6%
18,501.618,417.118,402.115,285.75,410.27,569.95,216.64,432.44,963.46.36.7
⌄
8.2%
24.2%
27,797.626,53825,255.921,933.612,108.39,415.87,965.26,817.54,691.584.185.4
Total Capitalization Ann.
7.7%
22.5%
44,570.943,270.841,980.135,673.316,802.816,181.412,756.810,939.79,477.384.185.4
Tangible Assets Ann.
8.2%
24.2%
27,797.626,53825,255.921,933.612,108.39,415.87,965.26,817.54,691.584.185.4
Working Capital Ann.
3.9%
47.8%
18,61518,30118,098.816,599.73,056.42,639.9917913.297.10.6-0.2
Invested Capital Ann.
7.7%
22.5%
44,570.943,270.841,980.135,673.316,802.816,181.412,756.810,939.79,477.384.285.4
Tangible Book Value Ann.
8.2%
24.2%
27,797.626,53825,255.921,933.612,108.39,415.87,965.26,817.54,691.584.185.4
Borrowings Ann.
6.7%
20.1%
17,689.717,650.117,628.514,5694,991.87,067.44,8184,122.34,785.800.1
Net Debt Ann.
6.2%
20.2%
16,209.816,208.316,201.613,530.73,954.96,449.53,689.73,544.44,602.1--
Share Issued Ann.
3.5%
14.8%
1,068.81,056.41,042.7963.1628.9536.7461404.7300.3246.2246.2
Number Of Shares End
3.5%
14.8%
1,068.41,055.21,036.7963.5629.3536.6461385.9227.8360.8-
*All financials are in USD Million and price data in USD
Total Assets Ann.
1Y CHG
3%
2Y CAGR
3%
3Y CAGR
7.5%
5Y CAGR
22.3%
7Y CAGR
22.4%
10Y CAGR
86.5%
Total Assets Annual growth is lower than historical averages.
Total Current Liabilities Ann.
1Y CHG
6.6%
2Y CAGR
4.4%
3Y CAGR
6.9%
5Y CAGR
17.5%
7Y CAGR
19.7%
10Y CAGR
89.7%
Total Current Liabilities Annual Cr growth is lower than historical averages.
Total ShareHolders Funds Ann.
1Y CHG
4.7%
2Y CAGR
4.9%
3Y CAGR
8.2%
5Y CAGR
24.2%
7Y CAGR
22.2%
10Y CAGR
78.3%
Total ShareHolders Funds Annual growth is lower than historical averages.

VICI Properties ROE, ROCE, book value, and debt-to-equity ratio as of Dec 2025 – 11 year history

  • POSITIVE

    Book Value Per Share VICI Properties Book Value Per Share is $26 which is growth of 2.4% YoY.

  • NEUTRAL

    ROE VICI Properties ROE is 0% which is growth of 0% YoY.

VICI Properties Inc, Ratios, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
RoA Ann. %
-
-
-5.99%6.16%4.05%5.85%5.88%4.44%4.97%0.87%
ROE Ann. %
-
-
-10.34%10.65%6.57%9.42%10.26%7.39%9.10%1.79%
ROIC %
-
-
-1.92.12.12.12.21.31.81.1-
OPM Ann. %
13.3%
4.1%
91.24%92.10%92.60%62.77%95.68%74.52%94.71%85.82%76.07%0.04%0.10%
Inventory Turnover Ratio Ann.
-
-
---------33.830.4
Asset Turnover Ann. %
-
-
-0.10.10.10.10.10.10.100.20.2
Working Capital Turnover Ann.
0%
-16.7%
0.20.20.20.20.50.5112.130.3-99.3
Quick Ratio Ann.
-
-
-27.928.229109.14.75.31.810.4
Current Ratio Ann.
-
-
-27.928.229109.14.75.421.60.9
Interest Coverage Ratio Ann.
-
-
-4.34.13.13.63.93.23.5-11
LT Debt To Equity Ann.
-
-
-0.70.70.70.40.80.60.61-
*All financials are in USD Million and price data in USD

VICI Properties cash flow: net, operating, investing, and financing flows as of Dec 2025 – 11 year history

  • POSITIVE

    Cash From Operating Activity VICI Properties Dec-2025 Cash From Operating Activity is $2,510 Million which is growth of 5.4% YoY.

  • POSITIVE

    Net Cash Flow VICI Properties Dec-2025 Net Cash Flow is $39 Million which is growth of 2325.1% YoY.

VICI Properties Inc, Cash Flow, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
8.9%
23.2%
2,5102,381.52,1811,943.4896.4883.6682.2504.1131.72.72.9
-
-
-904.8-922.8-2,899.1-9,30441.5-4,548.8-1,361.4-1,140.9-1,138.2-0.9-0.7
-
-
-1,566.5-1,457.11,031.86,829.9-514.22,879.21,182.71,037.81,147.3-1.3-2
Cash Plus Cash Eqv. End Of Year Ann.
39.2%
12.3%
563.5524.6522.6208.9739.63161,101.9598.5197.40.90.4
Net Increase In Cash Plus Cash Eqv.s Ann.
-
-
38.71.6313.7-530.7423.6-785.9503.5401140.80.60.1
Cash Plus Cash Eqv. Begin Of Year Ann.
-10.8%
-13.8%
524.6522.6208.9739.63161,101.9598.5197.40.90.40.2
Income Tax Paid Supplemental Data Ann.
11%
46.9%
4.13.34.931.80.62.61.4---
Interest Paid Supplemental Data Ann.
18.6%
24.3%
778.8781.4762.6466.8323.2262.5209.4213.3-00
Capex Ann.
-
-
-1.3-7.5-4-1.9-2.5-2.8-2.7-0.9-2-0.9-0.8
Issuance Of Capital Stock Ann.
-51.1%
-24.6%
375.4378.72,480.13,219.12,385.81,539.81,164.32,001.5---
Issuance Of Debt Ann.
-32.7%
-7.7%
1,710.51,853.4419.25,6002,555.42,250---
Repayment Of Debt Ann.
-
-
-1,739.9-1,894.3-250-600-2,100-537.5-1,663.5-690.1-2,350.1-0.1-0
Repurchase Of Capital Stock Ann.
-
-
-7.2-5.3-5-6.2-1.7-0.2-----
Free Cash Flow Ann.
8.9%
23.3%
2,508.72,3742,1771,941.5893.9880.9679.4503.2129.71.92.1
*All financials are in USD Million and price data in USD
Cash from Operating Act. Ann.
1Y CHG
5.4%
2Y CAGR
7.3%
3Y CAGR
8.9%
5Y CAGR
23.2%
7Y CAGR
25.8%
10Y CAGR
96.7%
Cash from Operating Activity Annual growth is lower than historical averages.