Company Overview
VICI Properties Inc. is an S&P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality, wellness, entertainment and leisure destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip. VICI Properties owns 103 experiential assets across a geographically diverse portfolio consisting of 63 gaming properties and 40 other experiential properties across the United States and Canada. The portfolio is comprised of approximately 130 million square feet and features approximately 66,000 hotel rooms and over 700 restaurants, bars, nightclubs and sports books. Its properties are occupied by industry-leading gaming, leisure and hospitality operators under long-term, triple-net lease agreements. VICI Properties has a growing array of real estate and financing partnerships with leading operators in other experiential sectors, including Cabot, Cain, Canyon Ranch, Chelsea Piers, Club Med, Great Wolf Resorts, Homefield, Kalahari Resorts and Lucky Strike Entertainment. VICI Properties also owns four championship golf courses and approximately 33 acres of undeveloped and underdeveloped land adjacent to the Las Vegas Strip. VICI Properties' goal is to create the highest quality and most productive experiential real estate portfolio through a strategy of partnering with the highest quality experiential place makers and operators. VICI Properties Inc. was established on July 05, 2016, and is based in New York, United States. VICI Properties Inc. was incorporated in Maryland.
Why Investors Should Care
Net profit has compounded at 80.5% per year over the last five years.
Revenue has grown at a 54.9% CAGR over the past five years.
Trades at a P/E of 9.8, below the sector median of 24.4.
Maintains a net profit margin of 67.5%.
Offers a dividend yield of 6.78%.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Dec 2025 Revenue of $4.01B (+4.1% YoY); net profit $2.78B.
- Trailing 12 Months Year-on-year growth — revenue +5.7%, earnings -41.4%.
- 5-Year Trend Long-term compounding — revenue CAGR 54.9%, profit CAGR 80.5%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 54.85% |
| 1 Year: | 5.70% |
Compounded Profit Growth
| 5 Years: | 80.46% |
| 1 Year: | -41.40% |
Stock Price Performance
| 1 Year: | -17.98% |
| 6 Months: | -11.47% |
| 3 Months: | -7.22% |
| 1 Month: | -4.22% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)37.46 · Neutral
P/E of 9.85 is below the sector median of 24.38 — relatively cheaper than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Excellent profit margin of 67.5%.
- Compounding revenue at 54.9% over 5 years.
- Profit CAGR of 80.5% over 5 years.
- Attractive dividend yield of 6.78%.
- Generates positive free cash flow.
CONS
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Real Estate).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | VICI VICI Properties Inc. SPXR3K | 25.42 | 9.85 | $27.99B | 6.78% | 7.95% | 9.85% | 54.85% | 80.46% |
| 2 | WELL Welltower Inc. SPXR3K | 236.17 | 106.38 | $170.18B | 1.44% | 0.54% | 3.84% | 22.26% | 11.10% |
| 3 | PLD Prologis, Inc. SPXR3K | 137.34 | 30.59 | $130.52B | 3.08% | - | 7.75% | 16.83% | 39.42% |
| 4 | EQIX Equinix, Inc. SPXR3K | 1,035.98 | 66.49 | $102.22B | 1.96% | 5.42% | 10.73% | 17.43% | 17.11% |
| 5 | AMT American Tower Corporation SPXR3K | 175.85 | 28.36 | $81.94B | 4.08% | 8.76% | 33.91% | 12.41% | 25.08% |
| 6 | DLR Digital Realty Trust, Inc. SPXR3K | 188.39 | 241.53 | $69.71B | 2.44% | - | 2.91% | 15.18% | 18.41% |
| 7 | SPG Simon Property Group, Inc. SPXR3K | 209.44 | 14.57 | $67.92B | 3.97% | - | 113.59% | 3.14% | 14.02% |
| 8 | O Realty Income Corporation SPXR3K | 61.25 | 44.71 | $57.95B | 5.21% | - | 3.23% | 24.73% | 13.04% |
| 9 | PSA Public Storage SPXR3K | 302.01 | 28.74 | $56.40B | 3.67% | - | 21.93% | 5.67% | 7.85% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | 232.69M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 984.20M | 1.00B | 1.01B | 1.01B | 1.02B | 1.06B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6.35M | 6.62M | 6.76M | 6.99M | 6.47M | 7.39M |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 977.85M | 994.72M | 1.00B | 1.01B | 1.01B | 1.05B |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 222.33M | -107.16M | 16.68M | 192.25M | -82.93M | 306.40M |
| Operating Income | 144.20M | 188.72M | 189.45M | 184.10M | 195.68M | 201.87M | 205.50M | 208.38M | 226.76M | 88.02M | 308.64M | 139.68M | - | - | - | - | - | - | - | - | - | - | - | - | - | 755.53M | 1.10B | 984.05M | 813.85M | 1.09B | 744.71M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 760.06M | 1.10B | 988.77M | 820.93M | 1.10B | 745.77M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 209.25M | 213.80M | 210.33M | 210.23M | 209.36M | 209.93M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 549.81M | 883.93M | 777.50M | 609.73M | 889.93M | 534.85M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -2.46M | 5.56M | 3.88M | -4.56M | 3.97M | -461.00K |
| Net Income | 42.66M | 112.12M | 139.04M | 129.91M | 142.54M | 150.85M | 152.05M | 144.44M | 98.63M | -24.01M | 229.40M | 398.27M | 269.80M | 300.71M | 161.86M | 240.38M | -57.71M | 330.90M | 518.74M | 690.70M | 556.33M | 590.02M | 741.30M | 732.90M | - | 543.61M | 865.08M | 762.04M | 604.77M | 872.39M | 526.52M |
| Diluted EPS | 0.19 | 0.33 | 0.38 | 0.35 | - | 0.37 | 0.37 | 0.31 | - | -0.05 | 0.47 | 0.74 | 0.50 | 0.54 | 0.28 | 0.35 | -0.06 | 0.34 | 0.52 | 0.69 | 0.55 | 0.57 | 0.71 | 0.70 | - | 0.51 | 0.82 | 0.71 | 0.57 | 0.82 | 0.48 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 187.61M | 897.98M | 894.80M | 1.23B | - | 2.60B | 3.61B | 3.85B | 4.01B |
| Cost of Revenue | - | - | - | - | - | 22.60M | 27.09M | 26.89M | 26.73M |
| Gross Profit | - | - | - | - | - | 2.58B | 3.58B | 3.82B | 3.98B |
| Operating Expenses | - | - | - | - | - | 945.64M | 240.05M | 277.38M | 324.08M |
| Operating Income | 144.20M | 140.02M | 52.30M | 321.02M | - | 1.63B | 3.34B | 3.54B | 3.66B |
| EBITDA | - | - | - | - | - | 1.68B | 3.37B | 3.56B | 3.67B |
| Interest Expense | - | - | - | - | - | 539.95M | 818.06M | 826.10M | 843.61M |
| Pretax Income | - | - | - | - | - | 1.14B | 2.55B | 2.73B | 2.82B |
| Tax Provision | - | - | - | - | - | 2.88M | -6.14M | 9.70M | 2.44M |
| Net Income | 44.54M | 523.62M | 545.96M | 891.67M | - | 1.12B | 2.51B | 2.68B | 2.78B |
| Diluted EPS | - | 1.43 | 1.24 | 1.75 | - | 1.27 | 2.47 | 2.56 | 2.61 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2016 | Oct 2017 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 4.86B | - | 9.74B | 11.33B | 13.27B | 17.06B | - | 37.58B | 44.06B | 45.37B | 46.72B |
| Current Assets | - | - | - | - | - | - | - | 17.19B | 18.76B | 18.98B | 19.34B |
| Cash & Equivalents | - | - | 183.65M | 577.88M | 1.10B | 315.99M | - | 208.93M | 522.57M | 524.62M | 563.48M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | - | - | - | 6.24M | 5.07M | 2.36M |
| Total Liabilities | - | - | 4.96B | 4.43B | 5.22B | 7.57B | - | 15.29B | 18.40B | 18.42B | 18.50B |
| Current Liabilities | - | - | - | - | - | - | - | 593.57M | 664.84M | 679.91M | 724.97M |
| Long Term Debt | - | - | 4.12B | 4.12B | 4.79B | 6.77B | - | 13.74B | 16.72B | 16.73B | 16.77B |
| Total Debt | - | - | - | - | - | - | - | 14.57B | 17.63B | 17.65B | 17.69B |
| Total Equity | - | 3.52B | 4.69B | 6.82B | 7.97B | 9.42B | - | 21.93B | 25.26B | 26.54B | 27.80B |
| Shares Outstanding | - | - | - | - | - | - | - | 963.10M | 1.04B | 1.06B | 1.07B |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 504.08M | 682.16M | 883.64M | - | 1.94B | 2.18B | 2.38B | 2.51B |
| Investing Cash Flow | -1.14B | -1.36B | -4.55B | - | -9.30B | -2.90B | -922.78M | -904.77M |
| Financing Cash Flow | 1.04B | 1.18B | 2.88B | - | 6.83B | 1.03B | -1.46B | -1.57B |
| Capital Expenditure | -899.00K | -2.72M | - | - | -1.88M | -4.04M | -7.53M | -1.33M |
| Free Cash Flow | 503.18M | 679.43M | - | - | 1.94B | 2.18B | 2.37B | 2.51B |
| Net Change in Cash | - | - | - | - | -530.68M | 313.70M | 1.60M | 38.70M |
| Dividends Paid | 262.68M | 503.96M | 612.21M | 758.79M | 1.22B | 1.58B | 1.75B | 1.85B |
Ratios (Annual)
Figures in %.
| Metric | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | 99.1% | 99.3% | 99.3% | 99.3% |
| Operating Margin % | 76.9% | 15.6% | 5.8% | 26.2% | - | 62.8% | 92.6% | 92.1% | 91.2% |
| Net Margin % | 23.7% | 58.3% | 61.0% | 72.8% | - | 43.0% | 69.6% | 69.6% | 69.3% |
| ROE % | 0.9% | 7.7% | 6.9% | 9.5% | - | 5.1% | 10.0% | 10.1% | 10.0% |
| ROCE % | - | - | - | - | - | 4.4% | 7.7% | 7.9% | 7.9% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 11.75% | 129.33M | $3.35B |
| 2 | Vanguard Portfolio Management LLC | 7.84% | 86.34M | $2.23B |
| 3 | State Street Corporation | 6.10% | 67.16M | $1.74B |
| 4 | Vanguard Capital Management LLC | 5.93% | 65.33M | $1.69B |
| 5 | Geode Capital Management, LLC | 3.65% | 40.21M | $1.04B |
| 6 | Allianz Asset Management GmbH | 2.84% | 31.27M | $809.04M |
| 7 | Bank of America Corporation | 2.66% | 29.33M | $758.76M |
| 8 | Price (T.Rowe) Associates Inc | 2.18% | 24.04M | $621.97M |
| 9 | JPMORGAN CHASE & CO | 1.92% | 21.12M | $546.36M |
| 10 | Invesco Ltd. | 1.58% | 17.38M | $449.54M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for VICI
VICI Properties (VICI) Stock Looks Discounted On Earnings While Funding Risks Linger - simplywall.st
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This Stock Has the Highest Dividend Yield in the S&P 500. It Just Raised Its Dividend Again. - Yahoo Finance
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Shareholders get 46 cents per share from VICI Properties on Oct. 8 - Stock Titan
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VICI — Frequently Asked Questions
What is the current share price of VICI Properties Inc. (VICI)?
As of 2026-09-07 16:24 PDT, VICI Properties Inc. (VICI) trades at $25.42 on NYSE. Its 52-week range is $25.42 to $31.73.
What is the market capitalisation of VICI?
VICI Properties Inc. (VICI) has a market capitalisation of $27.99B on NYSE.
What is the P/E ratio of VICI?
VICI trades at a trailing price-to-earnings (P/E) ratio of 9.85. The industry average P/E is 24.38. Its price-to-book (P/B) ratio is 1.01.
Does VICI pay a dividend?
VICI Properties Inc. (VICI) currently offers a dividend yield of 6.78%.
What is the return on equity (ROE) of VICI?
VICI has a return on equity (ROE) of 9.85%. Its return on capital employed (ROCE) is 7.95%.
Is VICI a good stock to buy?
This page provides a data-driven analysis of VICI Properties Inc. (VICI), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.