← VICI PROPERTIES INC. VICI
Market Price
$26.34
Market Cap
$28.36B
P/E Ratio
10.09
Revenue (FY 2025)
↑4.1% YoY
$4.01B
3-Yr CAGR: 15.5%
Net Income
↑3.6% YoY
$2.78B
Net Margin: 69.3%
Free Cash Flow
↑5.7% YoY
$2.51B
FCF Yield: 8.85%
EPS (Diluted)
↑2.0% YoY
$2.61
Basic: $2.61
Return on Equity
Efficiency
10.0%
ROA: 5.9%
📊 Multi-Year Historical Performance & Trends
Financial Performance History
Revenue, Net Income & Free Cash Flow
Margins Trend (%)
Gross, Operating & Net Margins
Balance Sheet Strength
Cash, Debt & Equity
Cash Flow Generation
Operating Cash Flow vs CapEx vs FCF
📈 Year-over-Year (YoY) Growth History (VICI)
All monetary values in millions ($M)
⚠️ YoY Data Quality Alert
- FY 2017: Revenue YoY (+898.7%) is identical to Gross Profit YoY (+898.7%). Verify the underlying Revenue and Gross Profit values for FY 2017 and FY 2016.
| Fiscal Year | Revenue | Revenue YoY | Gross Profit | Net Income | Net Inc YoY | Diluted EPS | EPS YoY | Op. Cash Flow | Free Cash Flow | FCF YoY |
|---|---|---|---|---|---|---|---|---|---|---|
| FY 2015 | — | — | — | — | — | — | — | $2.9M | — | — |
| FY 2016 | $18.8M | — | $4.7M | — | — | — | — | $2.7M | — | — |
| FY 2017 | $187.6M | +898.7% | $46.9M | $44.5M | — | — | — | — | — | — |
| FY 2018 | $898.0M | +378.6% | $685.3M | $523.6M | +1,075.7% | $1.43 | — | $504.1M | $503.2M | — |
| FY 2019 | $894.8M | -0.4% | $646.4M | $546.0M | +4.3% | $1.24 | -13.3% | $682.2M | $679.4M | +35.0% |
| FY 2020 | $1,225.6M | +37.0% | $917.0M | $891.7M | +63.3% | $1.75 | +41.1% | $883.6M | — | — |
| FY 2021 | $1,509.6M | +23.2% | $1,117.2M | $1,013.9M | +13.7% | $1.76 | +0.6% | $896.4M | — | — |
| FY 2022 | $2,600.7M | +72.3% | $2,060.7M | $1,117.6M | +10.2% | $1.27 | -27.8% | $1,943.4M | $1,941.5M | — |
| FY 2023 | $3,612.0M | +38.9% | $2,793.9M | $2,513.5M | +124.9% | $2.47 | +94.5% | $2,181.0M | $2,177.0M | +12.1% |
| FY 2024 | $3,849.2M | +6.6% | $3,023.1M | $2,678.8M | +6.6% | $2.56 | +3.6% | $2,381.5M | $2,374.0M | +9.0% |
| FY 2025 | $4,006.1M | +4.1% | $3,162.5M | $2,775.5M | +3.6% | $2.61 | +2.0% | $2,510.0M | $2,508.7M | +5.7% |
Valuation
Market Price
$26.34
Market Cap
$28.36B
Enterprise Value
$45.49B
P/E Ratio
10.09
P/B Ratio
1.02
FCF Yield
8.85%
Dividend Yield
6.70%
Shares Outstanding
Profitability & Margins
Gross Margin
78.94%
Operating Margin
91.47%
Net Margin
69.28%
Return on Equity (ROE)
9.98%
Return on Assets (ROA)
5.94%
Asset Turnover
0.09x
Revenue 3-Yr CAGR
15.49%
Financial Health & Liquidity
Current Ratio
7.95
Cash Ratio
2,253.92
Debt / Equity
0.636
Debt / Assets
0.379
Cash & Equivalents
$563.48M
Total Debt
$17.69B
Book Value / Share
$25.82
Cash Flow Efficiency
Operating Cash Flow
$2.51B
Capital Expenditures (CapEx)
$1.33M
Free Cash Flow
$2.51B
OCF / Revenue
62.65%
FCF / Revenue
62.62%
FCF 3-Yr CAGR
8.92%
Per Share Metrics
EPS (Diluted)
$2.61
EPS (Basic)
$2.61
Dividends / Share
$1.76
Book Value / Share
$25.82
EPS YoY Growth
1.95%
Balance Sheet (FY 2025)
Total Assets
$46.72B
Total Liabilities
$46.72B
Stockholders' Equity
$27.80B
Current Assets
$1.99M
Current Liabilities
$250.00K