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Saturday 17 October 2026 Export VICI’s income statement to Excel — free account

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
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

VICI Properties Inc. (VICI) Price to free cash flow

Alert me on Price to free cash flow

As of 16 October 2026, VICI Properties Inc. (VICI) trades at a price to free cash flow of 9.7×. Over the past ten years it has ranged from 0.0× (September 2018) to 22.0× (August 2022); the current reading is higher than 12% of that period. That is above the Reit Diversified industry median of 8.4× and below the Real Estate sector median of 11.0×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 11.9× (7.74%)
FY2024 12.9× (15.17%)
FY2023 15.2× 5.76%
FY2022 14.4× (23.41%)
FY2021 18.7× 35.14%
FY2020 13.9× (15.13%)
FY2019 16.3× 19.23%
FY2018 13.7× —
FY2017 0.0× —
FY2016 0.0× —

Quarterly newest first

Period Price to free cash flow Change
Jun 2026 11.0× (4.10%)
Mar 2026 11.4× (3.77%)
Dec 2025 11.9× (15.97%)
Sep 2025 14.1× 0.73%
30 more quarters

Against its own ten years

Low 0.0× High 22.0×
Ten-year median 14.8×
Current reading's percentile 12

Price to free cash flow against peers

Company Price to free cash flow
BNL Broadstone Net Lease, Inc. compare n/m
SAFE Safehold Inc. compare n/m
ESRT Empire State Realty Trust, Inc. compare n/m
WPC W.P. Carey Inc. compare n/m
JBGS JBG SMITH Properties compare n/m
GNL Global Net Lease, Inc. compare 7.8×
VICI VICI Properties Inc. 9.7×
AAT American Assets Trust, Inc. compare 14.6×
CTO CTO Realty Growth, Inc. compare 96.9×
Reit Diversified industry median 8.4×
Real Estate sector median 11.0×
Market median 14.2×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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