stockrowVICI 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
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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 September 2026 was 65.1%, up 2.4 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 4.96% and above the Real Estate sector median of 9.51%.
Free cash flow margin, annual
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Annual newest first
| 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. | 65.1% |
| GNL Global Net Lease, Inc. compare | 43.8% |
| AAT American Assets Trust, Inc. compare | 16.9% |
| SAFE Safehold Inc. compare | 9.92% |
| JBGS JBG SMITH Properties compare | −8.31% |
| WPC W.P. Carey Inc. compare | −10.4% |
| CTO CTO Realty Growth, Inc. compare | −38.4% |
| ESRT Empire State Realty Trust, Inc. compare | −38.4% |
| BNL Broadstone Net Lease, Inc. compare | −87.1% |
| Reit Diversified industry median | 4.96% |
| Real Estate sector median | 9.51% |
| 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
- EPS (diluted)
- 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
- EV/FCF
- 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