profit from every $100 of sales.
$0$100
VICI Properties
$24.80-0.56% today
-18.9% in 1 year
1-year low $22.531-year high $30.58
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $9.84 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What VICI Properties sold, what it kept, and what it did with the cash.
Sales went from $2.60 billion in 2022 to $4.01 billion in 2025, with $2.78 billion of profit last year.
SalesProfit
VICI Properties handed back 74% of the cash it generated last year.
$1.9B
Free cash flow 2025$2.5B
Bought back its own shares$7M
Paid as dividends$1.9B
Cash vs. debt$563M vs. $17.7B
VICI Properties vs. similar companies
VICI Properties grows the fastest of these 5 and is the cheapest for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| VICI Properties | 9.8× · Cheap | ||
 Equinix | 78.7× · Very expensive | ||
 American Tower | 34.8× · Expensive | ||
 Digital Realty | 54.0× · Expensive | ||
 Crown Castle | 85.9× · Very expensive |
AI analysis
An AI analyst reads VICI Properties's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 1,226 | 1,510 | 2,601 | 3,612 | 3,849 | 4,006 | |
| 1,208 | 1,489 | 2,578 | 3,585 | 3,822 | 3,979 | |
| – | – | 1,632 | 3,345 | 3,545 | 3,655 | |
| 1,209 | 1,422 | 1,682 | 3,371 | 3,561 | 3,668 | |
| 892 | 1,014 | 1,118 | 2,514 | 2,679 | 2,775 | |
| 1.75 | 1.76 | 1.27 | 2.47 | 2.56 | 2.61 | |
| 98.6% | 98.6% | 99.1% | 99.3% | 99.3% | 99.3% | |
| – | – | 62.8% | 92.6% | 92.1% | 91.2% | |
| 72.8% | 67.2% | 43.0% | 69.6% | 69.6% | 69.3% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 17,064 | 17,597 | 37,576 | 44,060 | 45,369 | 46,724 |
| Cash | 316 | 740 | 209 | 523 | 525 | 563 |
| Total debt | 7,050 | 4,975 | 14,569 | 17,629 | 17,650 | 17,690 |
| Total liabilities | 7,570 | 5,410 | 15,286 | 18,402 | 18,417 | 18,502 |
| 9,416 | 12,108 | 21,934 | 25,256 | 26,538 | 27,798 | |
| 511 | 577 | 880 | 1,016 | 1,048 | 1,063 | |
| 5.8% | 6.6% | 3.6% | 6.2% | 6.4% | 6.4% | |
| 9.5% | 8.4% | 5.1% | 10.0% | 10.1% | 10.0% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 884 | 896 | 1,943 | 2,181 | 2,381 | 2,510 | |
| – | – | 2 | 4 | 8 | 1 | |
| – | – | 1,942 | 2,177 | 2,374 | 2,509 | |
| Dividends paid | 612 | 759 | 1,219 | 1,584 | 1,753 | 1,853 |
| – | – | 6 | 5 | 5 | 7 | |
| 7 | 9 | 13 | 16 | 18 | 16 |
Valuation
- 9.8×
- 8.6×
- 1.18
- 1.1×
- 6.8×
- 10.9×
- 12.1×
- 9.2%
- 10.2%
- 6.3%
Profitability
- 99.3%
- 91.2%
- 69.3%
- 98.7%
- 8.6%
- 5.4%
- 11.2%
- 6.6%
- 8.6%
- –
Growth
- +26.7%
- +8.3%
- +5.7%
- +7.1%
- +17.1%
Financial health
- 4.3×
- 0.63
- 37.6%
- 4.8×
- 33.27
- 33.27
- 0.09
How it ranks in Real Estate
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 16%of 744
Top 1%of 750
Top 24%of 665
Top 12%of 760
Top 25%of 761
What analysts expect
- Average price target
- $31.83
- Range
- $30.00 – $34.00
- 3 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 29, 2026 | 0.82 | 0.61 | +34.4% |
| Feb 25, 2026 | 0.57 | 0.70 | −18.1% |
| Oct 30, 2025 | 0.71 | 0.59 | +20.3% |
| Jul 30, 2025 | 0.82 | 0.60 | +36.7% |
| Apr 30, 2025 | 0.51 | 0.58 | −12.1% |
| Feb 20, 2025 | 0.58 | 0.67 | −13.4% |
| Oct 31, 2024 | 0.70 | 0.67 | +4.5% |
| Jul 31, 2024 | 0.71 | 0.68 | +4.4% |
6.3%of the share price, paid each year
On $1,000 invested$63a year at today's yield, before tax
+7.1%2020 to 2025
Raised7 yearsin a row, in our data
Paid per share, each year
$1.00 in 2018 → $1.77 in 2025
How safe it looks
66.8% of its profit
Room to growStretchedMore than it earns: 73.9%
News
VICI Properties Inc. (VICI) Stock Falls Amid Market Uptick: What Investors Need to KnowYahoo Finance · Sep 17, 2026The newest story we have is from Sep 17, 2026.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
59No pass
Benjamin Graham
44No pass
Philip Fisher
61Pass
Peter Lynch
44No pass
Joel Greenblatt
30No pass
Charlie Munger
56No pass
Terry Smith
54No pass
Questions about VICI Properties
Is VICI Properties a good stock to buy?
A business with weak numbers, and the price looks low. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the VICI Properties AI analysis
What does VICI Properties do?
VICI Properties is an experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including the world-renowned Caesars Palace. It is in REIT - Specialty, based in New York, NY, United States, with 28 employees.
Does VICI Properties pay a dividend?
Yes. At today's price the dividend is 6.3% a year, about 67% of its yearly profit. In 2025 it paid out $1.85 billion in dividends.
Is VICI Properties stock halal?
No. VICI Properties does not pass our halal screen: its debt is 65% of its market value, at or above the 33% limit. How we check
How has VICI Properties stock done over the past year?
Down 18.9% over the past twelve months, to $24.80. It traded between $22.53 and $30.58 and is 18.9% below its high.
Who are VICI Properties's competitors?
The largest listed companies in the same industry are Equinix, American Tower, Digital Realty and Crown Castle. The peers table on this page compares their profit, growth and price with VICI Properties's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.