Revenue segments as reported by the company.

Income from sales-type and direct financing leases

Income from lease financing receivables and loans

Other income

Golf revenues

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

General and administrative

Depreciation

Other expenses

Golf expenses

Change in allowance for credit losses

Transaction and acquisition expenses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Vici Properties

VICI Properties, Inc. is a real estate investment trust, which owns, acquires and develops gaming, hospitality and entertainment properties. It operates through the following segments: Real Property Business and Golf Course Business. The Real Property Business segment consists of leased real property. The Golf Course Business segment consists of four golf courses. The company was founded on July 5, 2016 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

VICI Properties excels in Q4 2022, eyes sustained growth and strategic expansion

VICI Properties showcases a strong financial performance, strategic growth initiatives, and a commitment to disciplined capital allocation. With a focus on sustained growth, flexible debt management, and expanding business relationships, VICI is poised to capitalize on future opportunities and navigate market challenges effectively.

VICI Properties reports robust Q1 growth, eyes international expansion opportunities

VICI Properties' Q1 2023 earnings call highlighted strong performance, international expansion focus, and interest in experiential sectors like theme parks and commercial gaming properties. The company's financial stability, diverse portfolio, and strategic partnerships position it well for future growth despite market challenges and funding complexities.

VICI Properties excels in Q2, eyes diverse growth opportunities

VICI Properties demonstrated robust financial performance with double-digit AFFO per share growth and a strong liquidity position.
Strategic partnerships with Canyon Ranch and a focus on growth-minded operators highlight VICI's commitment to diversification and expansion.
While facing challenges in managing leverage and educating operators, VICI is well-positioned to capitalize on opportunities in various sectors and geographies.

VICI Properties reports robust Q3 performance amidst market challenges

VICI Properties delivered strong financial results and strategic partnerships in Q3 2023, showcasing resilience in a challenging REIT market.
The company's focus on financial discipline, growth opportunities, and market monitoring positions VICI for sustainable long-term success.
Despite facing uncertainties and market volatility, VICI Properties remains committed to prudent capital allocation and value creation strategies.

VICI Properties excels in Q4 2023 with strong growth and strategic investments

VICI Properties delivered strong financial results in Q4 2023, showcasing growth in AFFO per share and strategic investments in gaming and non-gaming properties. The company's emphasis on long-term partnerships, underwriting practices, and diversification highlights their commitment to stability and growth. VICI's proactive approach to exploring new opportunities and managing challenges positions them well for continued success in the real estate investment trust sector.

VICI Properties reports robust Q1 growth and strategic investments

VICI Properties delivered strong Q1 2024 performance, driven by strategic investments and financial stability.
The company's focus on asset durability, diverse revenue streams, and partnerships positions it well for long-term success.
Despite challenges like consumer spending disparities, VICI remains proactive in monitoring trends and leveraging growth opportunities.

VICI Properties reports strong Q3 earnings, eyes growth opportunities

VICI Properties' Q3 performance reflects financial strength and growth potential in the casino gaming sector.
While facing challenges such as market volatility and unique risks, the company's strategic focus on capital allocation and growth pillars positions it well for the future.
Opportunities in real estate acquisitions, regional gaming investments, and strategic partnerships offer avenues for continued expansion and value creation.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

VICI Properties is the biggest casino REIT in the world. Despite its large size, it remains concentrated on two main tenants.

VICI Properties: The Biggest Risks That Could Derail This REIT

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NEW YORK & DALLAS--(BUSINESS WIRE)--VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or “VICI”) and ClubCorp Holdings, Inc. (“ClubCorp”) (an Apollo Global Management fund portfolio company) announced today that they have entered into a strategic arrangement to grow BigShots Orion, LLC (“BigShots Golf”), whereby VICI Properties may provide up to $80.0 million of mortgage financing for the construction of up to five new BigShots Golf™ facilities throughout the United States, subject to defini

VICI Properties Inc. and ClubCorp Holdings, Inc. Announce Strategic Arrangement to Grow BigShots Golf

NEW YORK--(BUSINESS WIRE)--VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or the “Company”), an experiential asset real estate investment trust, today announced the Company used net proceeds from the issuance of 65,000,000 shares of the Company's common stock completed on September 14, 2021 and proceeds from settlement of the forward sale agreement entered into in June of 2020 (representing 26,900,000 shares of the Company's common stock) to repay in full approximately $2,102.5 million of

VICI Properties Inc. Repays Secured Term Loan B Facility

NEW YORK--(BUSINESS WIRE)--VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or the “Company”), an experiential asset real estate investment trust, today announced the closing of an underwritten public offering of 115,000,000 shares of its common stock (including 15,000,000 shares sold pursuant to the exercise in full of the underwriters' option to purchase additional common stock) at a public offering price of $29.50 per share. The Company issued and sold 65,000,000 shares (including 15,000

VICI Properties Inc. Announces Closing of Public Offering of Common Stock and Full Exercise of Underwriters' Option to Purchase Additional Shares

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High-Yield Investors Should Read This Important Article

NEW YORK--(BUSINESS WIRE)--VICI Properties Inc. (NYSE: VICI) (the “Company”) announced that its wholly owned subsidiaries, VICI Properties L.P., a Delaware limited partnership (“VICI LP”), and VICI Note Co. Inc., a Delaware corporation (the “VICI Co-Issuer” and, together with VICI LP, the “VICI Issuers”), commenced private exchange offers to certain eligible holders (collectively, the “Exchange Offers”) for any and all outstanding: 5.625% Senior Notes due May 1, 2024 issued by MGM Growth Proper

VICI Properties Inc. Announces Commencement of Exchange Offers and Consent Solicitations

VICI Properties announced last month that they would be acquiring MGM Growth Properties, making it the largest publicly traded owner of casino properties in the US.

Is VICI Properties A Buy Or Sell? Allow Me To Introduce You

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NEW YORK--(BUSINESS WIRE)--VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or the “Company”) announced today that, in connection with the Eastern Band of Cherokee Indians' (“EBCI”) acquisition of the operations of Caesars Southern Indiana, the Company has entered into a triple-net lease agreement with EBCI Holdings, a subsidiary of EBCI, with respect to the real property associated with Caesars Southern Indiana. Initial total annual rent under the lease with EBCI Holdings is $32.5 million

VICI Properties Inc. Enters Into Lease Agreement with The Eastern Band of Cherokee Indians related to Caesars Southern Indiana

I plan to visit Las Vegas in a few days to speak at The MoneyShow and also to inspect some of my prized properties located along the Strip.

4 Reasons It's Worth Betting On VICI Properties

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VICI Properties is the new King of Vegas following a blockbuster $17B acquisition of fellow casino REIT MGM Growth Properties, combining to form one of the world's largest real estate owners. The mega-merger will give the combined firm a dominant competitive position in the critical Las Vegas market and appears to be a win-win for both VICI and MGP shareholders.

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Acquisition of MGP provides tenant diversification and growth. Rent escalators in leases provide guaranteed organic growth for decades.

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MGM Growth Properties posted respectable results as a standalone REIT. However, I will be buying the stock only to tender it into the VICI Properties buyout offer.

MGM Growth Properties: A Good Yield But Mainly A Strategy To Buy VICI Properties At A 2% Discount

News for Vici Properties Stock (VICI)