# VICI Properties Inc. (VICI)

**Exchange:** NYSE  
**Sector:** Real Estate  
**Market cap:** $30.19B  
**Price:** $28.41 (+1.39%)

> Vici Properties Inc. is an experiential real estate investment trust focused on owning and acquiring gaming, hospitality, wellness, entertainment, and leisure properties. The company’s portfolio includes a large concentration of market-leading casino resorts and integrated entertainment destinations across the United States and Canada, featuring iconic assets such as Caesars Palace Las Vegas, MGM Grand, and the Venetian Resort Las Vegas. Vici Properties Inc. structures most of its properties under long-term triple-net leases, with rental income primarily derived from industry-leading gaming and hospitality operators. The portfolio spans a substantial footprint of gaming facilities, hotel rooms, and a broad mix of restaurants, bars, nightclubs, and sportsbooks, complemented by championship golf courses and strategically located land near major entertainment corridors. Founded in 2016 and headquartered in New York City, United States, Vici Properties Inc. plays a significant role in the real estate market by providing specialized capital and stable ownership for large-scale experiential destinations.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $4.01B | — | — | $2.78B | — |
| 2024 | $3.85B | — | — | $2.68B | — |
| 2023 | $3.61B | — | — | $2.51B | — |
| 2022 | $2.60B | — | — | $1.12B | — |
| 2021 | $1.51B | — | — | $1.01B | — |
| 2020 | $1.23B | — | $321M | $892M | — |
| 2019 | $895M | — | $52M | $546M | — |
| 2018 | $898M | — | $140M | $524M | — |
| 2017 | $188M | — | $144M | $45M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $46.72B | $18.50B | $27.80B | $563M | $16.77B |
| 2024 | $45.37B | $18.42B | $26.54B | $525M | $16.73B |
| 2023 | $44.06B | $18.40B | $25.26B | $523M | $16.72B |
| 2022 | $37.58B | $15.29B | $21.93B | $209M | $13.74B |
| 2021 | $17.60B | $5.41B | $12.11B | $740M | $4.69B |
| 2020 | $17.06B | $7.57B | $9.42B | $316M | $6.77B |
| 2019 | $13.27B | $5.22B | $7.97B | $1.10B | $4.79B |
| 2018 | $11.33B | $4.43B | $6.82B | $578M | $4.12B |
| 2017 | $9.74B | $4.96B | $4.69B | $184M | $4.12B |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $2.51B | — | — |
| 2024 | $2.38B | — | — |
| 2023 | $2.18B | — | — |
| 2022 | $1.94B | — | — |
| 2021 | $896M | — | — |
| 2020 | $884M | — | — |
| 2019 | $682M | $3M | $679M |
| 2018 | $504M | $899,000 | $503M |

Source: [CompaniesByCap](https://companiesbycap.com/company/VICI)