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.

Revenue
+5.76%
EPS
−55.6%
Free cash flow
+11.3%
Total debt
+0.92%

Quarter to September 2026, against a year earlier

24.89 0.32 −1.27%
Market cap
$27.8B
P/E
11.5×
Fwd P/E
8.9×
Dividend yield
7.20%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

VICI Properties Inc. (VICI) EV/Sales

Alert me on EV/Sales

As of 5 November 2026, VICI Properties Inc. (VICI) trades at a EV/Sales of 10.6×. Over the past ten years it has ranged from 0.0× (December 2018) to 24.4× (August 2022); the current reading is higher than 16% of that period. That is above the Reit Diversified industry median of 6.4× and above the Real Estate sector median of 7.5×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 11.5× (5.47%)
FY2024 12.1× (11.03%)
FY2023 13.6× (13.67%)
FY2022 15.8× 14.49%
FY2021 13.8× (11.96%)
FY2020 15.6× 3.22%
FY2019 15.2× 56.17%
FY2018 9.7× —
FY2017 0.0× —
FY2016 0.0× —

Quarterly newest first

Period EV/Sales Change
Sep 2026 10.1× (9.34%)
Jun 2026 11.1× (1.19%)
Mar 2026 11.2× (2.00%)
Dec 2025 11.5× (10.71%)
31 more quarters

Against its own ten years

Low 0.0× High 24.4×
Ten-year median 13.0×
Current reading's percentile 4

EV/Sales against peers

Company EV/Sales
ESRT Empire State Realty Trust, Inc. compare 3.8×
SAFE Safehold Inc. compare 4.0×
GNL Global Net Lease, Inc. compare 5.9×
JBGS JBG SMITH Properties compare 6.2×
AAT American Assets Trust, Inc. compare 6.6×
CTO CTO Realty Growth, Inc. compare 8.5×
BNL Broadstone Net Lease, Inc. compare 10.6×
VICI VICI Properties Inc. 10.6×
WPC W.P. Carey Inc. compare 13.0×
Reit Diversified industry median 6.4×
Real Estate sector median 7.5×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((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)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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