V
VICI Properties Inc.
VICI · NYSE · USD
Financials
StatisticsIncome statementBalance sheetCash flowDividendsSegments
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||||
| Market cap | $30,055 | $30,792 | $32,981 | $31,204 | $18,938 | $16,038 | $11,779 | $7,601 | – | – | – | – |
| Enterprise value | $47,562 | $48,332 | $50,489 | $45,704 | $23,269 | $22,847 | $15,519 | $10,708 | – | – | – | – |
| P/E (TTM) at period end | 10.83× | 11.49× | 13.12× | 27.92× | 18.68× | 17.99× | 21.57× | 14.52× | – | – | – | – |
| P/S (TTM) at period end | 7.50× | 8.00× | 9.13× | 12.00× | 12.55× | 13.09× | 13.16× | 8.46× | – | – | – | – |
| P/B at period end | 1.08× | 1.16× | 1.31× | 1.42× | 1.56× | 1.70× | 1.48× | 1.11× | – | – | – | – |
| EV / EBITDA (TTM) | 13.00× | 13.62× | 15.08× | 27.94× | 16.08× | 70.35× | 276.49× | 74.51× | – | – | – | – |
| EV / Sales (TTM) | 11.87× | 12.56× | 13.98× | 17.57× | 15.41× | 18.64× | 17.34× | 11.92× | – | – | – | – |
| Returns | ||||||||||||
| Return on equity | 10.0% | 10.1% | 10.0% | 5.1% | 8.4% | 9.5% | 6.9% | 7.7% | 0.9% | – | 0.0% | – |
| Return on invested capital | 8.1% | 8.0% | 7.8% | 4.4% | 8.8% | 2.0% | 0.4% | 1.3% | 1.5% | – | 0.0% | – |
| Dividend yield | 6.2% | 5.7% | 4.8% | 3.9% | 4.0% | 3.8% | 4.3% | 3.5% | – | – | – | – |
| Financial health | ||||||||||||
| Current ratio | – | – | – | – | – | – | – | – | 2.02× | 1.61× | 0.85× | – |
| Debt / equity | 0.60× | 0.63× | 0.66× | 0.63× | 0.39× | 0.72× | 0.60× | 0.60× | 0.94× | – | 0.00× | – |
| Effective tax rate | 0.1% | 0.4% | (0.2%) | 0.3% | 0.3% | 0.1% | 0.3% | 0.3% | (4.5%) | – | – | – |
| Share count | ||||||||||||
| Diluted shares outstanding | 1,063 | 1,048 | 1,016 | 880 | 577 | 511 | 439 | 367 | 328 | 361 | 361 | 361 |
StatisticsIncome statementBalance sheetCash flowDividendsSegments
| Line item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue and gross profit | |||||||||||||
| Revenue | $4,098 | $4,006 | $3,849 | $3,612 | $2,601 | $1,510 | $1,226 | $895 | $898 | $188 | $19 | $18 | $19 |
| Cost of revenue | ($28) | ($27) | ($27) | ($27) | ($23) | ($21) | ($18) | ($19) | ($17) | ($34) | ($14) | ($13) | ($14) |
| Gross profit | $4,070 | $3,979 | $3,822 | $3,585 | $2,578 | $1,489 | $1,208 | $876 | $881 | $168 | $5 | $5 | $5 |
| Operating expenses | |||||||||||||
| Research and development | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Selling, general and administrative | ($67) | ($65) | ($69) | ($60) | ($48) | ($33) | ($31) | ($25) | ($24) | ($11) | ($2) | ($2) | ($2) |
| Total operating expenses | ($432) | ($324) | ($277) | ($240) | ($946) | ($44) | ($887) | ($824) | ($741) | ($23) | ($5) | ($5) | ($5) |
| Total costs and expenses | ($460) | ($351) | ($304) | ($267) | ($968) | ($65) | ($905) | ($842) | ($758) | ($43) | ($19) | ($18) | ($19) |
| Operating income | $3,638 | $3,655 | $3,545 | $3,345 | $1,632 | $1,444 | $321 | $52 | $140 | $144 | $0 | $0 | $0 |
| Earnings | |||||||||||||
| EBITDA | $3,641 | $3,659 | $3,549 | $3,349 | $1,636 | $1,447 | $325 | $56 | $144 | $145 | $3 | $3 | $3 |
| Interest income | $15 | $14 | $16 | $24 | $10 | $0 | $7 | $20 | $11 | $0 | – | – | – |
| Interest expense | ($840) | ($844) | ($826) | ($818) | ($540) | ($392) | ($309) | ($248) | ($213) | ($63) | ($0) | ($0) | ($0) |
| Pre-tax income | $2,812 | $2,821 | $2,731 | $2,548 | $1,139 | $1,026 | $897 | $556 | $534 | $43 | – | – | – |
| Income tax expense | ($3) | ($2) | ($10) | $6 | ($3) | ($3) | ($1) | ($2) | ($1) | $2 | ($0) | $0 | $0 |
| Net income | $2,766 | $2,775 | $2,679 | $2,514 | $1,118 | $1,014 | $892 | $546 | $524 | $45 | $3 | $0 | $0 |
| Per share | |||||||||||||
| Diluted EPS (GAAP) | $2.58 | $2.61 | $2.56 | $2.47 | $1.27 | $1.76 | $1.75 | $1.24 | $1.43 | $0.13 | $0.0084 | – | – |
| Basic EPS (GAAP) | $2.58 | $2.61 | $2.56 | $2.48 | $1.27 | $1.80 | $1.76 | $1.25 | $1.43 | $0.13 | $0.0084 | – | – |
| Basic shares outstanding | 1,072 | 1,062 | 1,047 | 1,015 | 878 | 564 | 506 | 435 | 367 | 328 | 361 | 361 | 361 |
| Margins | |||||||||||||
| Gross margin | 99.3% | 99.3% | 99.3% | 99.3% | 99.1% | 98.6% | 98.6% | 97.9% | 98.1% | 89.4% | 26.9% | 25.8% | 25.6% |
| Operating margin | 88.8% | 91.2% | 92.1% | 92.6% | 62.8% | 95.7% | 26.2% | 5.8% | 15.6% | 76.9% | 0.0% | 0.1% | 0.2% |
| Net margin | 67.5% | 69.3% | 69.6% | 69.6% | 43.0% | 67.2% | 72.8% | 61.0% | 58.3% | 23.7% | 16.1% | 0.0% | 0.0% |