VICI - NYSE
VICI Properties Inc.
$27.25
-1.1%VICI Properties is an experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including the world-renowned Caesars Palace. VICI Properties' national, geographically diverse portfolio consists of 29 gaming facilities comprising over 48 million square feet and features approximately 19,200 hotel rooms and more than 200 restaurants, bars and nightclubs. Its properties are leased to industry leading gaming and hospitality operators, including Caesars Entertainment, Inc., Century Casinos Inc., Hard Rock International, JACK Entertainment and Penn National Gaming, Inc. VICI Properties also owns four championship golf courses and 34 acres of undeveloped land adjacent to the Las Vegas Strip. VICI Properties' strategy is to create the nation's highest quality and most productive experiential real estate portfolio.
At a Glance
Live SnapshotVICI Properties Inc. Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Strong cash conversion. Most reported earnings translate into actual cash flow, suggesting solid fundamentals.
CapEx Intensity
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
FCF Growth Trend
Steady FCF growth indicates consistent cash generation improvement. On a positive trajectory.
Working Capital Impact
Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.
Cash Flow Quality Insight
Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.
VICI Properties Inc. Cash Flow Statement
VICI • NYSE
| VICI Properties Inc. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||
2.8B | 2.7B | 2.6B | 1.1B | 1B | 896.2M | 554.3M | 532.1M | 44.5M | 0.0 | 3K | 4K | |
3.6M | 4.1M | 4.3M | 3.2M | 3.1M | 3.7M | 3.8M | 3.7M | 3.2M | 3M | 2.9M | 2.9M | |
-1.7M | 5.4M | -10.4M | 0.0 | 0.0 | 0.0 | 0.0 | -348K | 0.0 | -111K | -101K | -91K | |
16.2M | 17.5M | 15.5M | 13M | 9.4M | 7.4M | 5.2M | 2.3M | 0.0 | 0.0 | 0.0 | 0.0 | |
-337.6M | -355.3M | -369M | 744.5M | -52.4M | -71.7M | 91.4M | -4.1M | -8.8M | -10K | -7K | 3K | |
(0.0) | (3.3M) | (4.9M) | (3M) | (1.8M) | (561K) | (2.6M) | (1.4M) | (0.0) | (0.0) | (0.0) | (0.0) | |
11M | -11.5M | -14M | 46.4M | -86.8M | 48M | 27.4M | -29.7M | 92.8M | -188K | 111K | 253K | |
2.5B | 2.4B | 2.2B | 1.9B | 896.4M | 883.6M | 682.2M | 504.1M | 131.7M | 2.7M | 2.9M | 3.1M | |
INVESTING ACTIVITIES | ||||||||||||
-1.3M | -7.5M | -4M | -1.9M | -2.5M | -2.8M | -2.7M | -899K | -2M | -869K | -798K | -17K | |
(0.0) | (0.0) | -1.3B | -4.6B | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
-931.7M | -441.4M | -241.1M | -4.3B | (0.0) | -20M | -440.4M | -1.7B | (0.0) | (0.0) | (0.0) | (0.0) | |
33M | 29.6M | 217.3M | 89.2M | 20M | 59.5M | 901.8M | 421.4M | 0.0 | 0.0 | 0.0 | 0.0 | |
-4.7M | -503.5M | -1.6B | -492.4M | 24M | -4.6B | -1.8B | 152.4M | -1.1B | 0.0 | 66K | 6K | |
-904.8M | -922.8M | -2.9B | -9.3B | (41.4M) | -4.5B | -1.4B | -1.1B | -1.1B | -869K | -732K | -11K | |
FINANCING ACTIVITIES | ||||||||||||
375.3M | 373.3M | 2.5B | 3.2B | 2.4B | 1.5B | 1.2B | 2B | 963.8M | 0.0 | 0.0 | 0.0 | |
-49M | -40.9M | 169.1M | 5B | -2.1B | 2B | 586.5M | -690.1M | 142.6M | -51K | -45K | -226K | |
-1.9B | -1.8B | -1.6B | -1.2B | -758.8M | -612.2M | -504M | -262.7M | (0.0) | (0.0) | (0.0) | (0.0) | |
(0.0) | -5.3M | -5M | -6.2M | -1.7M | -207K | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
-39.4M | -36.5M | -28.7M | -163.9M | -39.4M | -66M | -64.1M | -10.9M | 40.9M | -1.2M | -2M | -2.7M | |
-1.6B | -1.5B | 1B | 6.8B | -514.2M | 2.9B | 1.2B | 1B | 1.1B | -1.3M | -2M | -3M | |
CASH FLOW SUMMARY | ||||||||||||
160K | 445K | -63K | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 55.7M | 0.0 | 0.0 | 0.0 | |
38.9M | 2M | 313.6M | -530.7M | 423.6M | -785.9M | 503.4M | 401M | 196.5M | 569K | 130K | 94K | |
524.6M | 522.6M | 208.9M | 739.6M | 316M | 1.1B | 598.4M | 197.4M | 920K | 351K | 221K | 127K | |
563.5M | 524.6M | 522.6M | 208.9M | 739.6M | 316M | 1.1B | 598.4M | 197.4M | 920K | 351K | 221K | |
2.5B | 2.4B | 2.2B | 1.9B | 893.8M | 880.9M | 679.4M | 503.2M | 129.7M | 1.9M | 2.1M | 3.1M |
SEC Filings
VICI - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
10-Q 10-Q 2026 Q1 Q1 | April 29, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 29, 2026 | April 29, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 28, 2026 | April 28, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | March 16, 2026 | April 28, 2026 | 2026 | |
S-4/A S-4/A (Amended) N/A | March 04, 2026 | March 04, 2026 | ||
10-K 10-K 2025 FY FY | February 25, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 25, 2026 | February 25, 2026 | 2026 | |
S-4 S-4 N/A | December 05, 2025 | December 05, 2025 | ||
10-Q 10-Q 2025 Q3 Q3 | October 30, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | October 30, 2025 | October 30, 2025 | 2025 |
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