Companies / Real Estate
VICI
Vici Properties
Hotel & Resort REITs
Hotel & Resort REITsAnalysis in progress
In progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health75
Growth57
Profitability100
Cash generationn/a
Balance sheetn/a
Dilution control67
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)5.8%Revenue growth (FY)4.1%Revenue CAGR (3y)15.5%Gross margin99.3%Operating margin—Net margin69.3%Free cash flow margin62.7%R&D / revenue—Stock comp / revenue0.4%Net debt / operating cash flow6.46xCurrent ratio—Diluted share count change1.4%
| Fiscal year ending | FY 2021-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $1.5B | $2.6B | $3.6B | $3.8B | $4.0B |
| Gross profit | $1.5B | $2.6B | $3.6B | $3.8B | $4.0B |
| Net income | $1.0B | $1.1B | $2.5B | $2.7B | $2.8B |
| Operating cash flow | $896M | $1.9B | $2.2B | $2.4B | $2.5B |
| Free cash flow | $896M | $1.9B | $2.2B | $2.4B | $2.5B |
| Stock-based comp | $9M | $13M | $16M | $18M | $16M |
| Dividends | $759M | $1.2B | $1.6B | $1.8B | $1.9B |
| Cash | $740M | $209M | $523M | $525M | $563M |
| Total debt | $4.7B | $13.7B | $16.7B | $16.7B | $16.8B |
| Equity | $12.1B | $21.9B | $25.3B | $26.5B | $27.8B |
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