YOLFTbeta
VICI Properties Inc

VICI Properties Inc

VICI · NYSE · Real Estate / REIT - Diversified

25.01USD+0.21 (+0.85%)

Price History

Full chart

Market Stats

Previous Close24.80
Open24.93
Day Range24.72 – 25.02
52-Week Range22.43 – 28.95
Volume8.19M
Market Cap27.00B
P/E (TTM)9.54
Forward P/E7.71
EPS2.57
Dividend Yield7.66%
Beta0.67
50-Day Avg24.23
200-Day Avg27.00

About

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.

Company Details

  • SectorReal Estate
  • IndustryREIT - Diversified
  • CEOMr. Edward Baltazar Pitoniak
  • Employees28
  • Headquarters535 Madison Avenue, New York, NY, United States, 10022-2203, USA
  • Websitehttps://www.viciproperties.com

Leadership

  • Mr. Edward Baltazar PitoniakCEO & Director · b. 1956
  • Mr. John W. R. PaynePresident & COO · b. 1968
  • Mr. David Andrew KieskeExecutive VP, CFO & Treasurer · b. 1971
  • Ms. Samantha Sacks Gallagher J.D.Executive VP, General Counsel & Secretary · b. 1976
  • Mr. Jeremy WaxmanVP & Chief Accounting Officer · b. 1988
  • Mr. Jacques CornetInvestor Relations of ICR Inc.
  • Mr. Benjamin Somogyi J.D.Assistant General Counsel & Director of Compliance
  • Ms. Allison HightHead of People
  • Mr. Gabriel F. WassermanMD of Business Development and VICI Experiential Credit Solutions (V.E.C.S.) · b. 1984
  • Ms. Moira McCloskeySenior Vice President of Capital Markets

Financials

Income Statement

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue18.91M18.08M18.79M201.44M897.98M894.80M1.23B1.51B2.60B3.61B3.85B4.01B
Growth (%)--4.39%+3.92%+972.32%+345.79%-0.35%+36.97%+23.17%+72.28%+38.89%+6.57%+4.08%
Cost of Revenue14.07M13.42M13.74M33.77M99.18M18.90M33.42M20.76M22.60M27.09M26.89M26.73M
Gross Profit4.84M4.66M5.05M167.67M798.80M875.90M1.19B1.49B2.58B3.58B3.82B3.98B
Gross Margin25.60%25.78%26.86%83.24%88.96%97.89%97.27%98.62%99.13%99.25%99.30%99.33%
Operating Expense4.80M4.64M5.04M23.47M40.84M33.40M278.91M44.47M945.64M240.05M277.38M324.08M
Operating Income39.00K18.00K7.00K144.20M757.95M842.50M913.24M1.44B1.63B3.34B3.54B3.66B
Operating Margin0.21%0.10%0.04%71.58%84.41%94.16%74.52%95.68%62.77%92.60%92.10%91.24%
EBITDA2.94M2.90M3.04M109.14M749.91M808.20M1.21B1.42B1.68B3.37B3.56B3.67B
EBITDA Margin15.56%16.04%16.17%54.18%83.51%90.32%98.68%94.17%64.69%93.32%92.52%91.57%
Net Income4.00K3.00K3.03M42.66M523.62M545.96M891.67M1.01B1.12B2.51B2.68B2.78B
Net Income Margin0.02%0.02%16.13%21.18%58.31%61.02%72.76%67.16%42.97%69.59%69.59%69.28%
R&D---0.230.590.620.730.680.440.71--
R&D as % of Total Revenue---0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense39.00K18.00K7.00K63.35M212.66M248.38M308.61M392.39M539.95M818.06M826.10M843.61M
Interest Expense % of Total Revenue0.21%0.10%0.04%31.45%23.68%27.76%25.18%25.99%20.76%22.65%21.46%21.06%

Balance Sheet

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-92.03M90.47M9.74B11.33B13.27B17.06B17.60B37.58B44.06B45.37B46.72B
Total Liabilities-6.66M6.33M4.96B4.43B5.22B7.57B5.41B15.29B18.40B18.42B18.50B
Total Equity-85.38M84.14M4.78B6.90B8.05B9.49B12.19B22.29B25.26B26.54B27.80B
Cash-351.00K920.00K183.65M577.88M1.10B315.99M739.61M208.93M522.57M524.62M563.48M
Total Debt-65.00K14.00K5.09B4.15B4.79B6.77B4.72B13.80B17.63B17.65B17.69B
Net Debt--286.00K-906.00K4.60B3.54B3.69B6.45B3.95B13.53B17.11B17.13B17.13B

Cash Flow

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow3.07M2.89M2.72M131.68M504.08M682.16M883.64M896.35M1.94B2.18B2.38B2.51B
Investing Cash Flow-11.00K-732.00K-869.00K-1.14B-1.14B-1.36B-4.55B41.45M-9.30B-2.90B-922.78M-904.77M
Financing Cash Flow-2.97M-2.03M-1.28M1.15B1.04B1.18B2.88B-514.18M6.83B1.03B-1.46B-1.57B
Capital Expenditure17.00K798.00K869.00K1.97M899.00K2.72M2.77M2.50M1.88M4.04M7.53M1.33M
Free Cash Flow3.06M2.09M1.85M129.72M503.18M679.43M880.87M893.85M1.94B2.18B2.37B2.51B
Dividends Paid-262.68M262.68M262.68M262.68M503.96M612.21M758.79M1.22B1.58B1.75B1.85B
FCF to OCF99.45%72.37%68.06%98.50%99.82%99.60%99.69%99.72%99.90%99.81%99.68%99.95%
Dividend Paid to FCF-12568.52%14183.69%202.51%52.20%74.17%69.50%84.89%62.79%72.75%73.84%73.88%

Earnings

Report DateMar 8, 2018May 3, 2018Aug 2, 2018Nov 1, 2018Feb 14, 2019May 1, 2019Jul 31, 2019Oct 31, 2019Feb 20, 2020Apr 30, 2020Jul 29, 2020Oct 28, 2020Feb 18, 2021Apr 29, 2021Jul 28, 2021Oct 27, 2021Feb 23, 2022May 4, 2022Jul 27, 2022Oct 27, 2022Feb 23, 2023May 1, 2023Jul 26, 2023Oct 25, 2023Feb 22, 2024May 1, 2024Jul 31, 2024Oct 31, 2024Feb 20, 2025Apr 30, 2025Jul 30, 2025Oct 30, 2025Feb 25, 2026Apr 29, 2026Jul 29, 2026Oct 28, 2026Oct 29, 2026
EPS Estimate0.330.350.370.400.370.370.360.330.330.360.350.390.480.480.480.450.450.450.480.580.580.640.570.640.650.660.670.670.680.690.700.690.700.710.620.620.61
EPS Actual0.190.390.380.380.370.370.380.310.210.040.470.120.530.510.540.310.440.35-0.050.580.630.520.690.640.720.570.710.700.670.510.830.710.570.820.620.62-
Surprise-42.42%11.43%2.70%-5.00%0.00%0.00%5.56%-6.06%-36.36%-88.89%34.29%-69.23%10.42%6.25%12.50%-31.11%-2.22%-22.22%-110.42%0.00%8.62%-18.75%21.05%0.00%10.77%-13.64%5.97%4.48%-0.16%-26.09%18.57%2.90%-18.57%15.49%0.00%0.00%-
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap27.00B
Enterprise Value43.45B
Trailing P/E9.54
Forward P/E7.71
Price / Sales6.59
Price / Book0.89
EPS2.57
Book Value26.01
Revenue (TTM)4.10B
Gross Profit (TTM)4.07B
EBITDA3.64B
Profit Margin67.50%
Operating Margin70.18%
Return on Equity9.85%
Return on Assets4.82%
Shares Outstanding1.10B
Shares Float1.10B
Beta0.67
Dividend Yield7.66%
Dividend Rate1.84
Payout Ratio54.19%

Analyst Ratings

Buy
Based on 25 analystsTarget 30.96
  • Strong Buy
    12
  • Buy
    4
  • Hold
    9

Ownership Breakdown

Institutions
98.45%
Insiders
0.28%
Retail / Other
1.27%

Top Institutional Holders

  • BlackRock Inc
    129.33M11.75%
  • Vanguard Portfolio Management, LLC
    86.34M7.84%
  • State Street Corp
    67.16M6.10%
  • Vanguard Capital Management, LLC
    65.33M5.93%
  • Geode Capital Management, LLC
    40.21M3.65%
  • Allianz Asset Management AG
    31.53M2.86%
  • Bank of America Corp
    29.33M2.66%
  • T. Rowe Price Associates, Inc.
    24.04M2.18%
  • JPMorgan Chase & Co
    21.12M1.92%
  • Amvescap Plc.
    17.38M1.58%
  • Northern Trust Corp
    16.41M1.49%
  • Dimensional Fund Advisors, Inc.
    16.01M1.45%
  • Charles Schwab Investment Management Inc
    15.59M1.42%
  • NORGES BANK
    14.47M1.31%

Top Fund Holders

  • Vanguard Real Estate Index Investor
    41.38M3.76%
  • Vanguard MStar Total Stk Mkt Idx Invest
    34.95M3.17%
  • Vanguard 500 Index Investor
    28.92M2.63%
  • Vanguard MStar Mid Cap Index Instl
    23.58M2.14%
  • iShares Core S&P 500 ETF
    14.67M1.33%
  • Fidelity 500 Index
    14.19M1.29%

Dividends

20263×
0.46Sep 17, 20260.45Jun 18, 20260.45Mar 19, 2026
20254×
0.45Dec 17, 20250.45Sep 18, 20250.43Jun 18, 20250.43Mar 20, 2025
20244×
0.43Dec 17, 20240.43Sep 18, 20240.41Jun 18, 20240.41Mar 20, 2024
20234×
0.41Dec 20, 20230.41Sep 20, 20230.39Jun 21, 20230.39Mar 22, 2023
20224×
0.39Dec 21, 20220.39Sep 21, 20220.36Jun 22, 20220.36Mar 23, 2022
20214×
0.36Dec 22, 20210.36Sep 23, 20210.33Jun 23, 20210.33Mar 24, 2021
20201×
0.33Dec 22, 2020