VICI Properties Inc. VICI

23.51 0.24 1.03% as of 25 Sep
Market cap
$25.8B
P/E
9.1×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

VICI Properties Inc. (VICI) EV/EBITDA

As of 25 September 2026, VICI Properties Inc. (VICI) trades at a EV/EBITDA of 11.4×. Over the past ten years it has ranged from 0.0× (December 2018) to 38.9× (August 2022); the current reading is higher than 13% of that period. That is in line with the Reit Diversified industry median of 11.6× and below the Real Estate sector median of 15.2×.

EV/EBITDA, daily

Annual

Period EV/EBITDA Change
FY2025 12.4× (4.46%)
FY2024 13.0× (10.57%)
FY2023 14.5× (41.76%)
FY2022 24.9× 80.83%
FY2021 13.8× (33.27%)
FY2020 20.7× 33.95%
FY2019 15.4× 35.84%
FY2018 11.4× —
FY2017 0.0× —
FY2016 0.0× —

Quarterly

Period EV/EBITDA Change
Jun 2026 12.3× 9.80%
Mar 2026 11.2× (9.44%)
Dec 2025 12.4× (9.42%)
Sep 2025 13.7× (0.95%)
30 more quarters

Against its own ten years

Low 0.0× High 38.9×
Ten-year median 13.9×
Current reading's percentile 13

EV/EBITDA against peers

Company EV/EBITDA
SAFE Safehold Inc. compare 5.4×
GNL Global Net Lease, Inc. compare 7.5×
CTO CTO Realty Growth, Inc. compare 10.8×
VICI VICI Properties Inc. 11.4×
AAT American Assets Trust, Inc. compare 12.5×
BNL Broadstone Net Lease, Inc. compare 12.7×
JBGS JBG SMITH Properties compare 15.6×
ESRT Empire State Realty Trust, Inc. compare 15.8×
WPC W.P. Carey Inc. compare 18.2×
Reit Diversified industry median 11.6×
Real Estate sector median 15.2×
Market median 11.0×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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