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Saturday 17 October 2026 Export VICI’s income statement to Excel — free account

VICI Properties Inc.

VICI Real Estate Reit Diversified

VICI Properties Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.0 billion, up 4.08% from fiscal 2024. In the quarter to June 2026, revenue grew 5.71%, EPS fell 41.5%, free cash flow grew 13.5% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for five consecutive years, revenue growth for five, operating cash flow growth for five.

23.60 0.14 +0.60%
Market cap
$25.8B
P/E
9.1×
Fwd P/E
9.4×
Dividend yield
7.67%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

VICI Properties Inc. (VICI) Debt to equity

Alert me on Debt to equity

VICI Properties Inc.'s debt to equity at the end of the quarter to 30 June 2026 was 0.6×, down 0.0× from fiscal 2025 (0.6×). Over the past ten years it has ranged from 0.0× (fiscal 2016) to 1.0× (fiscal 2017); the current reading is higher than 30% of that period. That is below the Reit Diversified industry median of 1.1× and below the Real Estate sector median of 0.8×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.6× (4.27%)
FY2024 0.6× (4.76%)
FY2023 0.7× 5.74%
FY2022 0.6× 60.02%
FY2021 0.4× (45.94%)
FY2020 0.7× 19.70%
FY2019 0.6× (0.33%)
FY2018 0.6× (40.39%)
FY2017 1.0× —
FY2016 0.0× —

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.6× (2.51%)
Mar 2026 0.6× (1.30%)
Dec 2025 0.6× (0.39%)
Sep 2025 0.6× (3.24%)
30 more quarters

Against its own ten years

Low 0.0× High 1.0×
Ten-year median 0.6×
Current reading's percentile 30

Debt to equity against peers

Company Debt to equity
BNL Broadstone Net Lease, Inc. compare 0.5×
VICI VICI Properties Inc. 0.6×
GNL Global Net Lease, Inc. compare 0.9×
CTO CTO Realty Growth, Inc. compare 1.0×
WPC W.P. Carey Inc. compare 1.0×
ESRT Empire State Realty Trust, Inc. compare 1.2×
AAT American Assets Trust, Inc. compare 1.6×
SAFE Safehold Inc. compare 1.8×
JBGS JBG SMITH Properties compare 2.3×
Reit Diversified industry median 1.1×
Real Estate sector median 0.8×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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