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

VICI Properties Inc. (VICI) EV/FCF

Alert me on 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

Against its own ten years

Low 0.0× High 30.9×
Ten-year median 21.0×
Current reading's percentile 3

EV/FCF against peers

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))

The full definition of EV/FCF →

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