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) P/B ratio
As of 16 October 2026, VICI Properties Inc. (VICI) trades at a P/B ratio of 0.9×. Over the past ten years it has ranged from 0.6× (March 2020) to 44.7× (October 2021); the current reading is higher than 1% of that period. That is in line with the Reit Diversified industry median of 0.9× and below the Real Estate sector median of 1.0×.
P/B ratio, daily
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Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 1.1× | (6.73%) |
| FY2024 | 1.1× | (12.16%) |
| FY2023 | 1.3× | 3.32% |
| FY2022 | 1.2× | (10.38%) |
| FY2021 | 1.4× | 2.58% |
| FY2020 | 1.4× | (1.56%) |
| FY2019 | 1.4× | 38.21% |
| FY2018 | 1.0× | (2.25%) |
| FY2017 | 1.0× | 0.00% |
| FY2016 | 1.0× | — |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 1.0× | (4.13%) |
| Mar 2026 | 1.0× | (3.61%) |
| Dec 2025 | 1.1× | (14.58%) |
| Sep 2025 | 1.2× | (1.28%) |
| 30 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| SAFE Safehold Inc. compare | 0.3× |
| ESRT Empire State Realty Trust, Inc. compare | 0.4× |
| JBGS JBG SMITH Properties compare | 0.6× |
| VICI VICI Properties Inc. | 0.9× |
| GNL Global Net Lease, Inc. compare | 1.0× |
| CTO CTO Realty Growth, Inc. compare | 1.1× |
| BNL Broadstone Net Lease, Inc. compare | 1.1× |
| AAT American Assets Trust, Inc. compare | 1.2× |
| WPC W.P. Carey Inc. compare | 1.7× |
| Reit Diversified industry median | 0.9× |
| Real Estate sector median | 1.0× |
| Market median | 1.7× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
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
- 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