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VICI US​

Vici Properties Inc.(VICI US)

$23.76-0.261.08%Ext:$24.08+0.321.35%(Market Closed · 00:00:03 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Vici Properties Inc. — Company Profile

VICI Properties functions as a specialized real estate investment trust dedicated to experiential properties. The company boasts an extensive collection of premier gaming, hospitality, and entertainment venues, notably including the globally recognized Caesars Palace. Its diverse and nationally distributed portfolio encompasses 29 gaming facilities, spanning over 48 million square feet. These sites collectively feature approximately 19,200 hotel rooms and more than 200 distinct dining, bar, and nightlife establishments. VICI's assets are leased to leading operators in the gaming and hospitality sectors, such as Caesars Entertainment, Century Casinos, Hard Rock International, JACK Entertainment, and Penn National Gaming. Beyond its core properties, VICI also holds four championship golf courses and possesses 34 acres of undeveloped land strategically located adjacent to the Las Vegas Strip. The company's fundamental objective is to cultivate the United States' most valuable and high-performing experiential real estate portfolio.

Sector
Real Estate
Industry
Specialized REITs
Exchange
UN
CEO
Edward Baltazar Pitoniak
Headquarters
New York City, NY, US
IPO Date
Jan 2, 2018
Employees
28
Website
www.viciproperties.com

Key Metrics

Price
$22.65
Market Cap
$24.94B
Revenue (TTM)
$1.02B
Net Income (TTM)
$872.39M
EPS (TTM)
0.82
P/E (TTM)
8.03
P/B (TTM)
0.88
Dividend Yield
6.37%
ROE (TTM)
3.09%
ROA (TTM)
1.85%
Operating Margin
107.49%
Beta
0.02

Dividends

Last Dividend
$0.45
Last Yield
0.06%

Summary

VICI Properties functions as a specialized real estate investment trust dedicated to experiential properties. The company boasts an extensive collection of premier gaming, hospitality, and entertainment venues, notably including the globally recognized Caesars Palace. Its diverse and nationally distributed portfolio encompasses 29 gaming facilities, spanning over 48 million square feet. These sites collectively feature approximately 19,200 hotel rooms and more than 200 distinct dining, bar, and nightlife establishments. VICI's assets are leased to leading operators in the gaming and hospitality sectors, such as Caesars Entertainment, Century Casinos, Hard Rock International, JACK Entertainment, and Penn National Gaming. Beyond its core properties, VICI also holds four championship golf courses and possesses 34 acres of undeveloped land strategically located adjacent to the Las Vegas Strip. The company's fundamental objective is to cultivate the United States' most valuable and high-performing experiential real estate portfolio.

Website
www.viciproperties.com
Location
New York City, NY, US
Phone646-949-4631
Employees28
CEOEdward Baltazar Pitoniak
Sector
Real Estate
Industry
Specialized REITs
IPO DateJan 2, 2018

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Latest Documents

SEC Filings(786)

Expand
  • 4Statement of changes in beneficial ownership5 Oct
  • 4Statement of changes in beneficial ownership5 Oct
  • 4Statement of changes in beneficial ownership5 Oct
  • 4Statement of changes in beneficial ownership5 Oct
  • 4Statement of changes in beneficial ownership5 Oct
  • 4Statement of changes in beneficial ownership5 Oct
  • 4Statement of changes in beneficial ownership5 Oct
  • 4Statement of changes in beneficial ownership28 Sep
  • 3Initial statement of beneficial ownership28 Sep
  • 8-K/ADeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers22 Sep
  • 8-KDeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers8 Sep
  • 8-KEntry into a Material Definitive Agreement14 Aug
  • 8-KEntry into a Material Definitive Agreement6 Aug
  • 10-QQ2ended 30 Jun 202629 Jul
  • 8-KResults of Operations and Financial Condition29 Jul
  • 4Statement of changes in beneficial ownership1 Jul
  • 4Statement of changes in beneficial ownership1 Jul
  • 4Statement of changes in beneficial ownership1 Jul
  • 4Statement of changes in beneficial ownership1 Jul
  • 4Statement of changes in beneficial ownership1 Jul

News

  • VICI Properties Inc. (VICI) Declines More Than Market: Some Information for Investors23 Oct
  • How to Build $4,400 a Month in Tax-Free Dividend Income Inside a Roth IRA22 Oct
  • A $700,000 Roth IRA Could Generate Nearly $4,000 a Month in Dividend Income21 Oct
  • 18 Ideal 'Safer' DiviDog Buys Readers Tagged In September21 Oct
  • This Stock Pays Me Nearly 8% a Year, and I Can't Stop Buying It20 Oct
  • When Interest Rates Move, These 7 Income Stocks React Very Differently20 Oct
  • Forget Realty Income: These 4 High-Yield REITs Are Better Buys Today20 Oct
  • October's 5 Dividend Growth Stocks With Yields Up To 7.99%19 Oct
  • VICI Properties (NYSE:VICI) versus Public Storage (NYSE:PSA) Financial Contrast18 Oct
  • How a 73-Year-Old Collects $5,450 a Month From Just Three Tickers: SCHD, VICI, and ARCC17 Oct
  • 5 Dividend Stocks Yielding Up to 8% That Could Keep Paying for Years16 Oct
  • VICI Properties: Why I'm Buying The Tumble16 Oct
  • VICI Properties Inc. (NYSE:VICI) Stock Rated “Hold” by Wall Street Analysts16 Oct
  • VICI Properties Inc. (VICI) Surpasses Market Returns: Some Facts Worth Knowing15 Oct
  • How To Build A $100,000 Dividend Portfolio With 10 High-Yield Picks15 Oct
  • These 4 High-Yield Dividend Stocks Have Something Yield Traps Don't: Cash to Spare14 Oct
  • Mr. Market Is Impatient: 3 Dividend Machines To Buy While Others Panic14 Oct
  • The 3-Bucket Income System Making $13,000/Month in Pure Dividends14 Oct
  • BDCs Look Attractive, But I'd Consider These Four Stocks For Income Instead14 Oct
  • VICI Properties Manages Debt: Is Its Balance Sheet Ready to Grow?13 Oct

Mentions in Filings

  • … , 2025, and are included as a component of Other Assets in our accompanying consolidated balance sheets. Substantially all of our equity method investments consist of a limited partner interest in a subsidiary of <strong>VICI Properties Inc.</strong> (“VICI”). Equity method investments are adjusted to recognize (1) our share, based on percentage ownership or other contractual basis, of the investee’s net income or loss after the date of investment, (2) additi …
    Lucky Strike Entertainment CorpVici Properties Inc.·ARS - Annual report to security holders·FY26·23 Oct
  • … taurant concept, from November 2018 to August 2020, where he was responsible for leading the Company’s finance, accounting and supply chain operations. Prior to that, Mr. Kuick served as Chief Accounting Officer of <strong>VICI Properties Inc.</strong>, a real estate investment trust specializing in casino properties, from October 2017 to August 2018, where he was responsible for accounting, consolidated financial operations, capital markets transactions, treasur …
    Tavia Acquisition Corp.Vici Properties Inc.·8-K - Entry into a Material Definitive Agreement·Q3 26·2 Oct
  • The real estate underlying the Properties is owned by subsidiaries of <strong>VICI Properties Inc.</strong> (“VICI”) and is leased to the operating companies under the Company's existing triple-net master lease agreement (the “Master Lease”). In connection with the closing of the transaction, subsidiaries of the Company and VICI will amend the Master Lease to remove the Properties, and Highfield will become the new tenant of the Properties and be responsible for …
    CENTURY CASINOS INC /CO/Vici Properties Inc.·8-K - Entry into a Material Definitive Agreement·Q3 26·29 Sep
  • … ns 100% of Century Mile and a 75% interest in Century Downs; noncontrolling partners own the remaining 25% of Century Downs.  The real estate underlying Century Mile and Century Downs is owned by subsidiaries of <strong>VICI Properties Inc.</strong> (NYSE: VICI) (“VICI”) and is leased to the operating companies under the Company’s existing triple-net master lease agreement (the “Master Lease”). In connection with the closing, subsidiaries of the Company and VI …
    CENTURY CASINOS INC /CO/Vici Properties Inc.·EX-99.1 - 8-K - Entry into a Material Definitive Agreement·Q3 26·29 Sep
  • … $ | 108.51 | $ | 3,147 | | NEM | Newmont Corporation | | 0.50% | | 66 | | 117.15 | | 7,732 | | RIO | Rio Tinto plc (ADR) † | | 0.40% | | 66 | | 94.30 | | 6,224 | | Real Estate (0.20%): | | | | | | | | | | | VICI | <strong>VICI Properties Inc.</strong> (4) | | 0.20% | | 135 | | 23.03 | | 3,109 | | Utilities (1.90%): | | | | | | | | | | | AVA | Avista Corporation | | 0.10% | | 43 | | 35.83 | | 1,541 | | DUK | Duke Energy Corporation | | 0.50% | | 66 | | 117.69 | | …
    FT 13273Vici Properties Inc.·S-6/A - AMENDMENT TO REGISTRATION STATEMENT·Q4 26·13 Oct
  • … 20 | | 108.51 | | 2,170 | | NEM | Newmont Corporation | | 0.33% | | 47 | | 117.15 | | 5,506 | | RIO | Rio Tinto plc (ADR) † | | 0.27% | | 47 | | 94.30 | | 4,432 | | Real Estate (0.13%): | | | | | | | | | | | VICI | <strong>VICI Properties Inc.</strong> (4) | | 0.13% | | 96 | | 23.03 | | 2,211 | | Utilities (1.27%): | | | | | | | | | | | AVA | Avista Corporation | | 0.07% | | 31 | | 35.83 | | 1,111 | | DUK | Duke Energy Corporation | | 0.33% | | 47 | | 117.69 | | …
    FT 13272Vici Properties Inc.·S-6/A - AMENDMENT TO REGISTRATION STATEMENT·Q4 26·13 Oct

Key Stats

Trading

Px/Chg 1D$22.65 / -0.35%
Avg Volume9.03M
Beta0.02
Mkt Cap24.94B
FD Mkt Cap28.40B

Float

Shrs Out/Float1.10B / 1.10B
Short Float0.03%
Days to Cover2.39
Stock Repurchased$2.30M

Current Valuation

EV42.59B
EV/EBITDA10.66
EV/Sales10.52
P/B0.88
P/S6.16
FCF Yield2.53%
ROE3.09%
ROA1.85%
Current Ratio33.27

Dividend

Cash$0.45
Yield6.37%
Yield (TTM)6.37%

Estimates

P/E8.03
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgApr '23Apr '24Apr '25Apr '26Oct '26
PRICE-BASED RATIOS
Price / Earnings25.9326.6511.5212.6150.2628.59
Price / Sales16.5511.458.028.7730.0124.49
Price / Book Value1.151.361.151.271.090.88
Price / Free Cash Flow25.2615.3413.3014.2243.9539.47
ENTERPRISE VALUE METRICS
Enterprise Value46,564.244,499.246,472.151,307.147,951.442,591.1
Enterprise Value / Sales26.4917.1112.8713.3347.3341.82
Enterprise Value / EBITDA30.4926.4513.7914.4158.8738.94
Enterprise Value / EBIT30.5326.5013.8014.4258.9438.97

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue27.6%1,509.62,600.73,612.03,849.24,006.1
Gross Income27.8%1,488.82,578.13,584.93,822.33,972.1
EBITDA26.5%1,421.51,682.33,370.83,561.23,642.7
EBIT26.6%1,418.41,679.13,366.53,557.03,639.1
Net Income28.6%1,013.91,117.62,513.52,678.82,775.5
EPS (Diluted)10.4%1.761.272.472.562.61
BALANCE SHEET
Cash & ST Inv-4.8%739.6426.3522.6524.6608.0
Total Assets27.7%17,597.437,575.844,059.845,368.946,724.2
Total Liabilities36%5,410.215,285.718,402.118,417.118,501.6
Total Shareholder Equity23.1%12,108.321,933.625,255.926,538.027,797.6
CASH FLOW
Net Operating Cash Flow29.4%896.41,943.42,181.02,381.52,510.0
Cap Ex-14.6%-2.5-1.9-4.0-7.5-1.3
Free Cash Flow29.4%893.81,941.52,177.02,374.02,508.7

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)23.78
Basic Shares1,101.08
Market Cap26,178.1
Diluted Shares1,068.53
Fully Diluted Shares Outstanding1,068.53
Fully Diluted Market Cap25,404.2
+Consolidated Debt17,701.7
−In-the-Money Convertible Debt—
+Capital Leases914.6
+Operating Leases—
−Cash & Equivalents-480.2
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest430.2
+Pension Liabilities—
Enterprise Value43,829.8

Segment data

Revenue

by Products and services

  • Real Property Business Segment100%

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