VICI Properties Inc. Common Stock (VICI) Financial Statements
Historical financial data — 36 statements covering FY2018–FY2025
VICI Properties Inc is a real estate investment trust based in the United States. It engaged in the business of owning and acquiring gaming, hospitality, wellness, entertainment and leisure destina...
VICI Properties Inc. Common Stock's revenue increased 4.1% year over year, from $3.85B to $4.01B.
Net income increased 3.6% over the same period, from $2.68B to $2.78B.
Over the 7-year period from FY2018 to FY2025, revenue grew by 346% in total.
Total debt remained relatively stable at $16.77B.
The debt-to-equity ratio stands at 0.60, indicating a moderate leverage profile.
Operating cash flow grew 5.4% to $2.51B.
VICI Properties Inc. Common Stock maintains a strong net profit margin of 69.3%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $964.7M+0.8% | $732.9M | $2.85B | $2.10B | $579.1M | $44.92B | $16.74B | $26.11B |
| Q4 FY2024 | $976.1M+1.2% | $614.6M | $969.3M | $626.7M | $644.1M | $45.37B | $16.73B | $26.54B |
| Q1 FY2025 | $984.2M+0.8% | $543.6M | $977.9M | $549.8M | $591.9M | $45.53B | $16.85B | $26.61B |
| Q2 FY2025 | $1.00B+1.7% | $865.1M | $994.7M | $883.9M | $639.9M | $46.05B | $16.92B | $27.02B |
| Q3 FY2025 | $1.01B+0.6% | $762.0M | $1.00B | $777.5M | $586.3M | $46.54B | $16.76B | $27.67B |
| Q4 FY2025 | $1.01B+0.6% | $604.8M | $1.01B | $609.7M | $691.9M | $46.72B | $16.77B | $27.80B |
| Q1 FY2026 | $1.02B+0.5% | $872.4M | $1.01B | $889.9M | $631.9M | N/A | N/A | N/A |
| Q2 FY2026 | $1.06B+3.9% | $526.5M | $1.05B | $1.17B | $728.2M | N/A | N/A | N/A |
Balance Sheet Summary (FY2025)
VICI Properties Inc. Common Stock (VICI) Financial Statements & Revenue History
VICI Properties Inc. Common Stock (VICI) is a US-listed stock operating in the Real Estate sector, specifically the Real Estate Investment Trusts industry trading at $23.60 with a market capitalization of $26. This page provides 36 historical financial statements for VICI Properties Inc. Common Stock, including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, VICI Properties Inc. Common Stock reported revenue of $4.0 billion, representing 4.1% year-over-year growth. The net profit margin of 69.3% reflects strong profitability. The debt-to-equity ratio of 0.60 reflects moderate leverage.
VICI Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows VICI Properties Inc. Common Stock's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether VICI is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track VICI's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently VICI Properties Inc. Common Stock converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of VICI's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use VICI Financial Data
Investors use VICI Properties Inc. Common Stock's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare VICI's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how VICI's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View VICI's financial health score, earnings, and pre-market pricing.
Financial data is sourced from VICI Properties Inc. Common Stock's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.VICI trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.

