VICI Properties (VICI)
NYSE Market Closed
VICI Properties Inc. is a real estate investment trust focused on experiential properties, particularly large-scale gaming, hospitality, entertainment, wellness, and leisure destinations. The company owns a major portfolio of real estate assets in the United States and Canada and leases them to operators under long-term triple-net lease agreements. This structure generally places responsibility for property-level expenses such as maintenance, insurance, and taxes on tenants, while providing VICI with recurring rental income.
The company is best known for its ownership of landmark casino and resort real estate on the Las Vegas Strip, including assets associated with Caesars Palace Las Vegas, MGM Grand, and The Venetian Resort Las Vegas. Its broader portfolio includes dozens of gaming properties as well as other experiential assets, giving it exposure to consumer spending on travel, gaming, live entertainment, and leisure activities. VICI’s tenants include some of the largest operators in the casino and hospitality industries.
As a REIT, VICI is structured to distribute a significant portion of taxable income to shareholders through dividends, subject to applicable rules. Its investment strategy centers on acquiring high-quality properties with durable demand drivers, strong tenant relationships, and lease terms that may include rent escalators or other contractual protections. The company’s scale and specialization make it one of the most prominent landlords in the gaming real estate sector.
VICI differs from many traditional commercial property REITs because its assets are destination-based venues rather than standard office, retail, or industrial buildings. Its performance is closely connected to tenant credit quality, tourism trends, gaming demand, interest rates, and the availability of attractive acquisition opportunities.
Last updated
- Market Cap
- 30.14B
- P/E
- 9.71
- P/FCF
- 11.83
- P/S
- 9.21
- Enterprise Value
- 46.45B
- Sector
- Real Estate
- Industry
- Hotel & Resort REITs
- Address
- 535 MADISON AVENUE, 28TH FLOOR, NEW YORK, NY, 10022
No recent news is linked to this listing.
- Market Cap
Market cap is the total value of a company's shares, calculated by multiplying the stock price by the number of shares outstanding.
- 30.14B
- Enterprise Value
Enterprise value is the total value of a company, including its market cap, debt, and cash.
- 46.45B
- P/E
P/E ratio compares a company's share price to its earnings per share.
- 9.71
- P/B
P/B ratio compares a company's share price to its book value per share.
- 1.07
- P/S
P/S ratio compares a company's share price to its revenue per share.
- 9.21
- EV / EBITDA
EV/EBITDA measures a company's value compared to its earnings before interest, taxes, depreciation, and amortization.
- 14.38
- EV / Sales
EV/Sales measures a company's value compared to its total revenue.
- 14.2
- EPS
- 2.88
- Dividend Yield
Dividend yield shows how much a company pays in dividends each year compared to its share price.
- 6.33%
- P/FCF
Price-to-free-cash-flow ratio compares a company's share price to the cash it generates after expenses and investments.
- 11.83
- P/CF
P/CF ratio compares a company's share price to the cash flow it generates from its operations.
- 11.82
- Free Cash Flow
Free cash flow is the cash a company has left after covering operating costs and capital expenses.
- 2.55B
- ROE
ROE measures how effectively a company uses shareholders' equity to generate profit.
- 11.01%
- ROA
ROA measures how effectively a company uses its assets to generate profit.
- 6.59%
- Debt / Equity
Debt-to-equity ratio compares a company's total debt to its shareholders' equity.
- 0.6
- Current Ratio
Current ratio measures a company's ability to pay short-term debts using its short-term assets.
- 0.73
- Quick Ratio
Quick ratio measures a company's ability to pay short-term debts using cash and other easily available assets.
- 0.73
- Cash
Cash ratio measures a company's ability to cover short-term debts using only cash and cash equivalents.
- 0.73
- Avg Volume
Average volume shows the average number of shares traded over the last 30 trading days, helping indicate liquidity.
- 8.13M
- Fundamentals Snapshot Price
Fundamentals snapshot price is the stock price used when calculating the company's financial ratios and metrics.
- 27.99
Income Statement
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Revenue | 1.02B | 1.77B | 8.19M | 470.99M | 984.2M |
| Gross profit | 1.01B | 1.77B | 1.43M | 464.37M | 977.85M |
| Operating income | 1.09B | 1.57B | -15.26M | 564.1M | 755.48M |
| EBITDA | 1.1B | 1.58B | -12.58M | 571.53M | 756.48M |
| Net income | 872.39M | 604.77M | 762.04M | 865.08M | 543.61M |
| Basic EPS | 0.82 | 0.56 | 0.71 | 0.82 | 0.51 |
| Diluted EPS | 0.82 | 0.56 | 0.71 | 0.82 | 0.51 |
Balance Sheet
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Total assets | 47.09B | 46.72B | 46.54B | 46.05B | 45.53B |
| Total liabilities | 18.47B | 18.5B | 18.44B | 18.61B | 18.5B |
| Total equity | 28.62B | 28.22B | 28.1B | 27.44B | 27.02B |
| Cash & equivalents | 480.21M | 563.48M | 507.5M | 232.98M | 334.32M |
| Current assets | 480.21M | 607.96M | 507.5M | 232.98M | 334.32M |
| Current liabilities | 659.83M | 724.97M | 668.91M | 681.93M | 653.64M |
Cash Flow
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Operating cash flow | 631.86M | 691.94M | 586.29M | 639.9M | 591.86M |
| Investing cash flow | -222.9M | -139.31M | -50.12M | -329.76M | -385.58M |
| Financing cash flow | -492.08M | -496.31M | -261.8M | -411.65M | -396.76M |
| Change in cash | -83.27M | 55.98M | 274.52M | -101.33M | -190.3M |
| Kind | Filing | Date | Link |
|---|---|---|---|
| edgar index | 4 — VICI PROPERTIES INC. | View Filing | |
| form 4 | Form 4 — Pitoniak Edward Baltazar | View Filing | |
| edgar index | 8-K — VICI PROPERTIES INC. | View Filing | |
| edgar index | 10-Q — VICI PROPERTIES INC. | View Filing | |
| edgar index | SCHEDULE 13G — VICI PROPERTIES INC. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 8-K — VICI PROPERTIES INC. | View Filing | |
| edgar index | 4 — VICI PROPERTIES INC. | View Filing | |
| edgar index | 4 — VICI PROPERTIES INC. | View Filing | |
| edgar index | 4 — VICI PROPERTIES INC. | View Filing | |
| edgar index | 4 — VICI PROPERTIES INC. | View Filing | |
| edgar index | 4 — VICI PROPERTIES INC. | View Filing | |
| edgar index | 4 — VICI PROPERTIES INC. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| form 4 | Form 4 — ABRAHAMSON JAMES R | View Filing | |
| form 4 | Form 4 — ABRAHAMSON JAMES R | View Filing | |
| form 4 | Form 4 — ABRAHAMSON JAMES R | View Filing | |
| form 4 | Form 4 — Cantor Diana F | View Filing | |
| form 4 | Form 4 — Douglas Monica Howard | View Filing | |
| form 4 | Form 4 — Holland Elizabeth I | View Filing | |
| form 4 | Form 4 — MACNAB CRAIG | View Filing | |
| form 4 | Form 4 — Rumbolz Michael D | View Filing | |
| form 4 | Form 4 — Rumbolz Michael D | View Filing | |
| edgar index | 4 — VICI PROPERTIES INC. | View Filing | |
| edgar index | 4 — VICI PROPERTIES INC. | View Filing | |
| edgar index | 4 — VICI PROPERTIES INC. | View Filing | |
| edgar index | 4 — VICI PROPERTIES INC. | View Filing | |
| edgar index | 4 — VICI PROPERTIES INC. | View Filing | |
| edgar index | 4 — VICI PROPERTIES INC. | View Filing | |
| form 4 | Form 4 — ABRAHAMSON JAMES R | View Filing | |
| form 4 | Form 4 — ABRAHAMSON JAMES R | View Filing | |
| form 4 | Form 4 — ABRAHAMSON JAMES R | View Filing | |
| form 4 | Form 4 — Cantor Diana F | View Filing | |
| form 4 | Form 4 — Douglas Monica Howard | View Filing | |
| form 4 | Form 4 — Holland Elizabeth I | View Filing | |
| form 4 | Form 4 — MACNAB CRAIG | View Filing | |
| form 4 | Form 4 — Rumbolz Michael D | View Filing | |
| form 4 | Form 4 — Rumbolz Michael D | View Filing | |
| edgar index | SCHEDULE 13G/A — VICI PROPERTIES INC. | View Filing | |
| edgar index | ARS — VICI PROPERTIES INC. | View Filing | |
| edgar index | DEF 14A — VICI PROPERTIES INC. | View Filing | |
| edgar index | DEFA14A — VICI PROPERTIES INC. | View Filing | |
| edgar index | 3 — VICI PROPERTIES INC. | View Filing | |
| form 3 | Form 3 — Waxman Jeremy L. | View Filing | |
| edgar index | 424B3 — VICI PROPERTIES INC. | View Filing | |
| edgar index | EFFECT — VICI PROPERTIES INC. | View Filing | |
| edgar index | S-4/A — VICI PROPERTIES INC. | View Filing | |
| edgar index | CORRESP — VICI PROPERTIES INC. | View Filing | |
| edgar index | 8-K — VICI PROPERTIES INC. | View Filing | |
| edgar index | 10-K — VICI PROPERTIES INC. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| ten k section | 10-K — business | View Filing | |
| ten k section | 10-K — business | View Filing | |
| ten k section | 10-K — mda | View Filing | |
| ten k section | 10-K — mda | View Filing | |
| ten k section | 10-K — risk_factors | View Filing | |
| ten k section | 10-K — risk_factors | View Filing | |
| edgar index | 4 — VICI PROPERTIES INC. | View Filing | |
| edgar index | 4 — VICI PROPERTIES INC. | View Filing | |
| edgar index | 4 — VICI PROPERTIES INC. | View Filing | |
| edgar index | 4 — VICI PROPERTIES INC. | View Filing | |
| edgar index | 4 — VICI PROPERTIES INC. | View Filing | |
| form 4 | Form 4 — Gallagher Samantha Sacks | View Filing | |
| form 4 | Form 4 — KIESKE DAVID ANDREW | View Filing | |
| form 4 | Form 4 — Payne John W R | View Filing | |
| form 4 | Form 4 — Pitoniak Edward Baltazar | View Filing | |
| form 4 | Form 4 — Wasserman Gabriel | View Filing | |
| form 4 | Form 4 — Gallagher Samantha Sacks | View Filing | |
| form 4 | Form 4 — KIESKE DAVID ANDREW | View Filing | |
| form 4 | Form 4 — Payne John W R | View Filing | |
| form 4 | Form 4 — Pitoniak Edward Baltazar | View Filing | |
| form 4 | Form 4 — Wasserman Gabriel | View Filing | |
| form 4 | Form 4 — Gallagher Samantha Sacks | View Filing | |
| form 4 | Form 4 — KIESKE DAVID ANDREW | View Filing | |
| form 4 | Form 4 — Payne John W R | View Filing |
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