VICI Properties Cash Flow Statement
NYSE: VICIReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:02 PM ET · Delayed 15 min
VICI Properties free cash flow
In fiscal 2025, VICI Properties generated $2.51 billion of operating cash flow and spent $1.3 million on capital expenditures. That left free cash flow of $2.51 billion, a free-cash-flow margin of 62.6% of revenue. Free cash flow was up 5.7% from the prior year's $2.37 billion.
VICI Properties returned $1.85 billion to shareholders through dividends, equal to 74% of free cash flow. Free cash flow covered dividend payments 1.4 times.
Summary generated from market data by MetaCap's automated system. Methodology
VICI Properties cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Net Income | 2.82B | 2.72B | 2.55B | 1.14B | 1.02B | 896.21M | 554.28M | 532.12M | 44.54M |
| Net Income growth (YoY) | +3.58% | +6.52% | +124.83% | +11.05% | +14.17% | +61.69% | +4.17% | +1094.78% | — |
| Depreciation & Amortization | 3.64M | 4.13M | 4.30M | 3.18M | 3.09M | 3.73M | 3.83M | 3.69M | 751.00K |
| Stock-Based Compensation | 16.20M | 17.51M | 15.54M | 12.99M | 9.37M | 7.39M | 5.22M | 2.34M | — |
| Change in Working Capital | 12.99M | -13.44M | -7.50M | -142.00K | 476.00K | 24.78M | 27.07M | 695.00K | — |
| Operating Cash Flow | 2.51B | 2.38B | 2.18B | 1.94B | 896.35M | 883.64M | 682.16M | 504.08M | — |
| Capital Expenditures | -1.33M | -7.53M | -4.04M | -1.88M | -2.50M | -2.77M | -2.72M | -899.00K | — |
| Investing Cash Flow | -904.77M | -922.78M | -2.90B | -9.30B | 41.45M | -4.55B | -1.36B | -1.14B | — |
| Dividends Paid | -1.85B | -1.75B | -1.58B | -1.22B | -758.79M | -612.21M | -503.96M | -262.68M | — |
| Debt Issued | 1.28B | 1.77B | 0 | 5.00B | 0 | 2.50B | 2.25B | 0 | — |
| Debt Repaid | -1.30B | -1.80B | 0 | 0 | -2.10B | 0 | 0 | — | — |
| Financing Cash Flow | -1.57B | -1.46B | 1.03B | 6.83B | -514.18M | 2.88B | 1.18B | 1.04B | — |
| Net Change in Cash | 38.86M | 2.04M | 313.64M | -530.68M | 423.62M | -785.90M | 503.45M | 401.04M | — |
| Free Cash Flow | 2.51B | 2.37B | 2.18B | 1.94B | 893.85M | 880.87M | 679.43M | 503.18M | — |
This table shows 9 annual periods of VICI Properties's cash flow statement, from FY 2025 back to FY 2017, across 13 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow VICI's reporting calendar. What is a cash flow statement?