VICI Properties Inc. VICI
- Market cap
- $25.8B
- P/E
- 9.1×
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VICI Properties Inc. (VICI) Free cash flow margin
VICI Properties Inc.'s free cash flow margin over the twelve months to 30 June 2026 was 64.4%, up 1.7 percentage points from fiscal 2025 (62.8%). Over the past ten years it has ranged from 14.3% (fiscal 2016) to 76.1% (fiscal 2019); the current reading is higher than 60% of that period. That is above the Reit Diversified industry median of 3.11% and above the Real Estate sector median of 9.94%.
Free cash flow margin, annual
Annual
| Period | Free cash flow margin | Change (points) |
|---|---|---|
| FY2025 | 62.8% | 1.06 |
| FY2024 | 61.7% | 1.26 |
| FY2023 | 60.4% | (14.21) |
| FY2022 | 74.7% | 14.56 |
| FY2021 | 60.1% | (15.87) |
| FY2020 | 76.0% | (0.09) |
| FY2019 | 76.1% | 19.99 |
| FY2018 | 56.1% | (12.91) |
| FY2017 | 69.0% | 54.65 |
| FY2016 | 14.3% | — |
Against its own ten years
Free cash flow margin against peers
| Company | Free cash flow margin |
|---|---|
| VICI VICI Properties Inc. | 64.4% |
| GNL Global Net Lease, Inc. compare | 43.8% |
| AAT American Assets Trust, Inc. compare | 20.2% |
| CTO CTO Realty Growth, Inc. compare | 9.87% |
| WPC W.P. Carey Inc. compare | −5.80% |
| JBGS JBG SMITH Properties compare | −8.31% |
| SAFE Safehold Inc. compare | −33.3% |
| ESRT Empire State Realty Trust, Inc. compare | −38.4% |
| BNL Broadstone Net Lease, Inc. compare | −80.6% |
| Reit Diversified industry median | 3.11% |
| Real Estate sector median | 9.94% |
| Market median | 0.00% |
What Free cash flow margin is
Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.
(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue
More on VICI
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net 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
- The full statement