VICI Properties Financial Ratios
NYSE: VICIReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:02 PM ET · Delayed 15 min
VICI Properties ratio analysis
VICI Properties earned a net margin of 69.3% in FY 2025, down from 69.6% a year earlier. Gross margin was 99.3% compared with a median of 98.6% over the prior 7 years. Return on equity reached 10.0%, meaning VICI Properties generated 0.10 dollars of profit for every dollar of shareholders' equity.
Debt-to-equity stood at 0.60 versus 0.63 the year before. At the end of FY 2025, VICI traded at 10.8 times earnings; across the 8 fiscal years shown, its year-end P/E ranged from 10.8 to 25.5, with a median of 13.9. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
VICI Properties financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 10.79 | 11.51 | 12.91 | 25.51 | 17.11 | 14.57 | 20.40 | 13.27 | — |
| Price / sales | 7.46 | 8.01 | 8.95 | 10.93 | 11.26 | 10.53 | 12.30 | 7.76 | — |
| Price / book | 1.08 | 1.16 | 1.28 | 1.30 | 1.40 | 1.37 | 1.38 | 1.02 | — |
| Gross margin | 99.3% | 99.3% | 99.3% | 99.1% | 98.6% | 98.6% | 97.9% | 98.1% | — |
| Operating margin | — | — | — | — | — | 26.2% | 5.8% | 15.6% | 76.9% |
| Net margin | 69.3% | 69.6% | 69.6% | 43.0% | 67.2% | 72.8% | 61.0% | 58.3% | 23.7% |
| Free cash flow margin | 62.6% | 61.7% | 60.3% | 74.7% | 59.2% | 71.9% | 75.9% | 56.0% | — |
| Return on equity (ROE) | 10.0% | 10.1% | 10.0% | 5.1% | 8.4% | 9.5% | 6.9% | 7.7% | 0.9% |
| Return on assets (ROA) | 5.9% | 5.9% | 5.7% | 3.0% | 5.8% | 5.2% | 4.1% | 4.6% | 0.5% |
| Debt / equity | 0.60 | 0.63 | 0.66 | 0.63 | 0.39 | 0.72 | 0.60 | 0.60 | 0.88 |
| Revenue growth | 4.1% | 6.6% | 38.9% | 72.3% | 23.2% | 37.0% | -0.4% | 378.6% | — |
| EPS growth | 2.0% | 3.6% | 94.5% | -27.8% | 0.6% | 41.1% | -13.3% | — | — |