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

VICI Properties Inc. (VICI) P/S ratio

Alert me on P/S ratio

As of 16 October 2026, VICI Properties Inc. (VICI) trades at a P/S ratio of 6.3×. Over the past ten years it has ranged from 0.0× (December 2018) to 17.3× (August 2022); the current reading is higher than 14% of that period. That is above the Reit Diversified industry median of 3.2× and above the Real Estate sector median of 2.9×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 7.5× (6.15%)
FY2024 7.9× (13.41%)
FY2023 9.2× (14.37%)
FY2022 10.7× (4.85%)
FY2021 11.3× 6.91%
FY2020 10.5× (15.23%)
FY2019 12.4× 61.76%
FY2018 7.7× —
FY2017 0.0× —
FY2016 0.0× —

Quarterly newest first

Period P/S ratio Change
Jun 2026 7.1× (2.22%)
Mar 2026 7.2× (3.09%)
Dec 2025 7.5× (14.99%)
Sep 2025 8.8× (0.01%)
30 more quarters

Against its own ten years

Low 0.0× High 17.3×
Ten-year median 9.0×
Current reading's percentile 1

P/S ratio against peers

Company P/S ratio
ESRT Empire State Realty Trust, Inc. compare 1.0×
JBGS JBG SMITH Properties compare 1.3×
SAFE Safehold Inc. compare 1.9×
AAT American Assets Trust, Inc. compare 2.9×
GNL Global Net Lease, Inc. compare 3.4×
CTO CTO Realty Growth, Inc. compare 4.5×
VICI VICI Properties Inc. 6.3×
BNL Broadstone Net Lease, Inc. compare 7.3×
WPC W.P. Carey Inc. compare 8.2×
Reit Diversified industry median 3.2×
Real Estate sector median 2.9×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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