SuperworthVICI Properties VICI
- Market cap
- $26.2B
- PE
- 9.2×
- 8y median 14.3×
- Forward PE
- 8.1×
- 9y median 12.8×
- Price to FFO
- 9.2×
- its own FFO
- Price to sales
- 6.4×
- EV/EBIT
- 11.9×
- Revenue, 12 months
- $4.1B
- +4% on a year ago
- Net margin
- 67.5%
VICI Properties trades at 9.2× its funds from operations, the earnings measure REITs are valued on. Revenue was $4.1B over the last twelve months, up 4% on a year earlier with a 67% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $904.3M+20% | $931.9M+21% | $951.5M+8% | $957M+7% | $964.7M+7% | $976.1M+5% | $984.2M+3% | $1B+5% | $1B+4% | $1B+4% | $1B+4% | $1.1B+6% | |
| Cost of revenue | $6.3M+22% | $8.2M+31% | $6.5M+9% | $6.8M+3% | $6.8M+8% | $6.7M−18% | $6.4M−2% | $6.6M−3% | $6.8M−1% | $7M+4% | $6.5M+2% | $7.4M+12% |
| Gross profit | $898M+20% | $923.6M+21% | $945M+8% | $950.2M+7% | $957.8M+7% | $969.3M+5% | $977.9M+4% | $994.7M+5% | $1B+5% | $1B+4% | $1B+4% | $1.1B+6% |
| SG&A | $14.4M+20% | $15.3M+2% | $16.2M+8% | $15.8M+6% | $16.5M+14% | $20.7M+36% | $14.9M−8% | $14.6M−8% | $16.3M−1% | $19.3M−7% | $16M+8% | $15.4M+6% |
| n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | |
| Interest expense | $204.9M+21% | $205.2M+21% | $204.9M+0% | $205.8M+1% | $207.3M+1% | $208.1M+1% | $209.3M+2% | $213.8M+4% | $210.3M+2% | $210.2M+1% | $209.4M+0% | $209.9M−2% |
| Pre-tax income | $566.1M+68% | $750M+22% | $601.4M+14% | $756M+8% | $746.9M+32% | $626.7M−16% | $549.8M−9% | $883.9M+17% | $777.5M+4% | $609.7M−3% | $889.9M+62% | $534.9M−40% |
| $644K+54% | −$9.8M | $1.6M+44% | $3.2M+70% | $2.5M+282% | $2.4M | −$2.5M | $5.6M+72% | $3.9M+58% | −$4.6M | $4M | −$461K | |
| Net income | $556.3M+68% | $747.8M+24% | $590M+14% | $741.3M+7% | $732.9M+32% | $614.6M−18% | $543.6M−8% | $865.1M+17% | $762M+4% | $604.8M−2% | $872.4M+61% | $526.5M−39% |
| $0.55+62% | $0.72+14% | $0.57+10% | $0.71+3% | $0.70+27% | $0.58−19% | $0.51−11% | $0.82+16% | $0.71+1% | $0.57−2% | $0.82+61% | $0.48−42% | |
| 1B+5% | 1B+8% | 1B+4% | 1B+4% | 1B+3% | 1.1B+2% | 1.1B+1% | 1.1B+1% | 1.1B+2% | 1.1B+1% | 1.1B+1% | 1.1B+3% |
Gross profit: 34 periods, Q1 FY18 to Q2 FY26: not printed by the filing, worked out from its own lines.
Operating income: 7 periods, Q4 FY20 to Q2 FY22: not printed by the filing, worked out from its own lines.
EPS, diluted: 8 periods, Q4 FY18 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: 8 periods, Q4 FY18 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q3 FY26 | $1.1B | $1B to $1.1B | $0.72 | $0.71 to $0.72 | 4 |
| Q4 FY26 | $1.1B | $1.1B to $1.1B | $0.73 | $0.72 to $0.74 | 3 |
| Q1 FY27 | $1.1B | $1.1B to $1.1B | $0.74 | $0.73 to $0.74 | 1 |
| Q2 FY27 | $1.1B | $1.1B to $1.1B | $0.74 | $0.73 to $0.75 | 1 |
| Q3 FY27 | $1.1B | $1.1B to $1.1B | $0.74 | $0.73 to $0.74 | 1 |
| Q4 FY27 | $1.1B | $1.1B to $1.1B | $0.74 | $0.73 to $0.75 | 1 |
| Q1 FY28 | $1.1B | $1.1B to $1.1B | $0.76 | $0.75 to $0.76 | 2 |
| Q2 FY28 | $1.1B | $1.1B to $1.1B | $0.77 | $0.76 to $0.77 | 2 |
Peers
Companies in Real Estate nearest VICI Properties' size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| VICIVICI Properties | $26.2B | 9.2× | 14.3× | 8.1× | 6.4× | +4% | 67.5% |
| EXRExtra Space Storage | $30.3B | 31.7× | 31.0× | 30.4× | 8.8× | +4% | 27.8% |
| IRMIron Mountain | $32.7B | 78.5× | 47.1× | 43.1× | 4.3× | +17% | 5.5% |
| SBACSBA Communications | $19.6B | 19.9× | 81.2× | n/m | 6.8× | +5% | 34.5% |
| CBRECBRE | $35.7B | 28.3× | 22.0× | 15.4× | 0.8× | +15% | 3.0% |
| CCICrown Castle | $36.6B | 43.6× | 78.2× | 32.2× | 8.8× | −5% | 20.7% |
| ESSEssex Property Trust | $17.9B | 43.3× | 36.2× | n/m | 9.3× | +5% | 21.5% |
| HSTHost Hotels & Resorts | $16.9B | 16.6× | 17.1× | n/m | 2.7× | +5% | 16.5% |
| INVHInvitation Homes | $16.3B | 25.3× | 53.8× | n/m | 5.7× | +7% | 23.1% |
| KIMKimco Realty | $15.8B | 27.8× | 25.5× | n/m | 7.2× | +4% | 27.8% |
| LAMRLamar Advertising | $15.7B | 28.3× | 24.4× | n/m | 6.8× | +4% | 23.9% |
| Peer median | $18.7B | 28.3× | 33.6× | 31.3× | 6.8× | +5% | 22.3% |
More on VICI Properties
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to book ratio
- Dividend yield
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
- #3of 159Real estate stocks with the highest profit margins
- #1of 14Real estate stocks with the lowest forward PE
- #1of 13Real estate stocks with the highest dividend yields
- #8of 13Real estate stocks with the fastest expected revenue growth
Its groups
About
- Industry
- REIT - Diversified
- Sector
- Real Estate
Valuation data, not investment advice. Prices as of .