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.
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VICI Properties Inc. (VICI) EV/FCF
As of 16 October 2026, VICI Properties Inc. (VICI) trades at a EV/FCF of 16.0×. Over the past ten years it has ranged from 0.0× (September 2018) to 30.9× (August 2022); the current reading is higher than 14% of that period.
EV/FCF, daily
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Annual newest first
| Period | EV/FCF | Change |
|---|---|---|
| FY2025 | 18.2× | (7.06%) |
| FY2024 | 19.6× | (12.84%) |
| FY2023 | 22.5× | 6.63% |
| FY2022 | 21.1× | (7.84%) |
| FY2021 | 22.9× | 11.29% |
| FY2020 | 20.6× | 3.34% |
| FY2019 | 19.9× | 15.11% |
| FY2018 | 17.3× | — |
| FY2017 | 0.0× | — |
| FY2016 | 0.0× | — |
Quarterly newest first
| Period | EV/FCF | Change |
|---|---|---|
| Jun 2026 | 17.2× | (3.09%) |
| Mar 2026 | 17.8× | (2.69%) |
| Dec 2025 | 18.2× | (11.75%) |
| Sep 2025 | 20.7× | (0.46%) |
| 30 more quarters | Free account |
Against its own ten years
EV/FCF against peers
| Company | EV/FCF |
|---|---|
| WPC W.P. Carey Inc. compare | −225× |
| JBGS JBG SMITH Properties compare | −72.7× |
| BNL Broadstone Net Lease, Inc. compare | −12.7× |
| SAFE Safehold Inc. compare | −12.6× |
| ESRT Empire State Realty Trust, Inc. compare | −9.6× |
| GNL Global Net Lease, Inc. compare | 14.0× |
| VICI VICI Properties Inc. | 16.0× |
| AAT American Assets Trust, Inc. compare | 32.5× |
| CTO CTO Realty Growth, Inc. compare | 180× |
What EV/FCF is
EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.
((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)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))
More on VICI
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement