← VICI PROPERTIES INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $18.8m |
$187.6m
+898.72%
|
$898.0m
+378.64%
|
$894.8m
-0.35%
|
$1.2b
+36.97%
|
$1.5b
+23.17%
|
$2.6b
+72.28%
|
$3.6b
+38.89%
|
$3.8b
+6.57%
|
$4.0b
+4.08%
|
$4.1b
+2.28%
|
|
| Golf revenues | — | — | $27.2m | $28.9m | $23.8m | $30.5m | $35.6m | $39.0m | $40.5m | $39.8m | — | |
| Income from sales-type leases | — | — | — | — | $1.0b | $1.2b | $1.5b | $2.0b | $2.1b | $2.1b | — | |
| Cost of Revenue | $14.1m |
$140.7m
+898.72%
|
$17.4m
-87.65%
|
$18.9m
+8.81%
|
$17.6m
-6.71%
|
$20.8m
+17.75%
|
$22.6m
+8.86%
|
$27.1m
+19.85%
|
$26.9m
-0.72%
|
$26.7m
-0.61%
|
$27.6m
+3.34%
|
|
| Gross Profit | $4.7m |
$46.9m
+898.72%
|
$880.6m
+1777.53%
|
$875.9m
-0.53%
|
$1.2b
+37.91%
|
$1.5b
+23.25%
|
$2.6b
+73.17%
|
$3.6b
+39.05%
|
$3.8b
+6.62%
|
$4.0b
+4.11%
|
$4.1b
+2.28%
|
|
| Net Interest Income | — | — | — | — | — | — | ($530.4m) |
($794.1m)
-49.71%
|
($810.0m)
-2.00%
|
($829.3m)
-2.38%
|
($824.8m)
+0.54%
|
|
| General and administrative | $2.0m | — | $24.4m | $24.6m | $30.7m | $33.1m | $48.3m | $59.6m | $69.1m | $65.1m | $67.1m | |
| Operating Lease, Lease Income | — | — | — | $43.7m | $25.5m | $0 | $0 | $4.5m | $581k | $2.7m | — | |
| Restructuring And Mergern Acquisition | — | — | $393k | $5.0m | $8.7m | $10.4m | $22.7m | $8.0m | $4.6m | $7.7m | $2.2m | |
| Operating Lease, Expense | — | — | — | — | $2.0m | $2.0m | $2.0m | $2.0m | $2.3m | $2.5m | — | |
| Other Operating Expenses | — | — | $81.2m | $0 | $15.8m | $27.8m | $59.6m | $73.3m | $77.4m | $77.5m | — | |
| Operating Expenses | — | — | $140.0m | — | — | — | — | — | — | — | $460.0m | |
| Other Non Operating Income Expenses | — | — | — | — | — | — | — | $4.5m | $581k | $2.7m | — | |
| Operating Income (Loss) | $0 | $42.6m |
$758.0m
+1677.73%
|
$842.5m
+11.15%
|
$321.0m
-61.90%
|
$1.0b
+219.62%
|
$1.7b
+63.65%
|
$3.4b
+100.50%
|
$3.6b
+5.66%
|
$3.7b
+3.02%
|
$3.6b
-0.74%
|
|
| Reclassification of derivative gain to Interest expense | — | — | — | $0 | $0 | $64.2m | ($16.2m) | ($24.1m) | ($24.7m) | ($25.5m) | — | |
| Interest income | — | — | $11.3m | $20.0m | $6.8m | $120k | $9.5m | $24.0m | $16.1m | $14.4m | $15.1m | |
| Net Non Operating Interest Income Expense | — | — | — | — | — | — | ($530.4m) | ($794.1m) | ($810.0m) | ($829.3m) | ($824.8m) | |
| Income (Loss) from Equity Method Investments | — | — | — | — | $0 | $0 | $59.8m | $1.3m | $0 | $0 | — | |
| Other Income | — | — | $81.2m | $0 | $15.8m | $27.8m | $59.6m | $73.3m | $77.4m | $77.5m | — | |
| Other Expenses | — | — | $81.8m | $0 | $15.8m | $27.8m | $59.6m | $73.3m | $77.4m | $77.5m | — | |
| Interest Expense (non-operating) | $7k | $63.4m | $212.7m | $248.4m | $308.6m | $392.4m | $540.0m | $818.1m | $826.1m | $843.6m | $839.9m | |
| Other Income Expense | — | — | — | — | — | — | $37.1m | ($2.3m) | ($4.0m) | ($5.1m) | ($814k) | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | — | — | — | — | — | — | — | $2.8b | $2.8b | |
| Pre-Tax Income | $0 | $42.6m | $533.6m | $556.0m | $897.0m | $1.0b | $1.1b | $2.5b | $2.7b | $2.8b | $2.8b | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $0 | $42.6m | $533.6m | $556.0m | $897.0m | $1.0b | $1.1b | $2.5b | $2.7b | $2.8b | $2.8b | |
| (Provision for) benefit from income taxes | $0 | $1.9m | ($1.4m) | ($1.7m) | ($831k) | ($2.9m) | ($2.9m) | $6.1m | ($9.7m) | ($2.4m) | — | |
| Real Estate Tax Expense | — | — | $81.8m | $0 | — | — | — | — | — | — | — | |
| Current Income Tax Expense (Benefit) | — | — | $1.8m | $1.7m | $680k | $2.5m | $2.4m | $4.3m | $4.3m | $4.2m | $2.8m | |
| Net Income From Continuing And Discontinued Operation | $0 | $44.5m | $523.6m | $546.0m | $891.7m | $1.0b | $1.1b | $2.5b | $2.7b | $2.8b | $2.8b | |
| Less: Net income attributable to non-controlling interests | — | — | ($8.5m) | ($8.3m) | ($4.5m) | ($9.3m) | ($18.6m) | ($41.1m) | ($42.4m) | ($43.1m) | — | |
| Net Income Continuous Operations | — | — | — | — | — | — | $1.1b | $2.6b | $2.7b | $2.8b | $2.8b | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | $8.5m | $8.3m | $4.5m | $9.3m | $18.6m | $41.1m | $42.4m | $43.1m | $2.8b | |
| Earnings Per Share, Basic | — | — | $1.43 | $1.25 | $1.76 | $1.80 | $1.27 | $2.48 | $2.56 | $2.61 | $2.58 | |
| Earnings Per Share, Diluted | — | — | $1.43 | $1.24 | $1.75 | $1.76 | $1.27 | $2.47 | $2.56 | $2.61 | $2.58 | |
| Common Stock, Dividends, Per Share, Declared | — | — | $1.43 | $1.17 | $1.25 | $1.38 | $1.50 | $1.61 | $1.70 | $1.76 | — | |
| Basic (in shares) | — | — | $367.2m | $435.1m | $506.1m | $564.5m | $877.5m | $1.0b | $1.0b | $1.1b | $1.1b | |
| Diluted (in shares) | — | — | $367.3m | $439.2m | $510.9m | $577.1m | $879.7m | $1.0b | $1.0b | $1.1b | $1.1b | |
| Weighted Average Number of Shares Outstanding, Basic | — | — | 367.2m | 435.1m | 506.1m | 564.5m | 877.5m | 1.0b | 1.0b | 1.1b | 1.1b | |
| Basic Average Shares | — | — | $367.2m | $435.1m | $506.1m | $564.5m | $877.5m | $1.0b | $1.0b | $1.1b | $1.1b | |
| Diluted Average Shares | — | — | $367.3m | $439.2m | $510.9m | $577.1m | $879.7m | $1.0b | $1.0b | $1.1b | $1.1b | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | 367.3m | 439.2m | 510.9m | 577.1m | 879.7m | 1.0b | 1.0b | 1.1b | 1.1b | |
| Additional Financial Items | ||||||||||||
| Lease Income | — | — | — | — | — | $22.5m | $47.8m | — | — | — | — | |
| Income from lease financing receivables, loans and securities | — | — | $0 | $0 | $153.0m | $283.2m | $1.0b | $1.5b | $1.7b | $1.8b | — | |
| Depreciation | $3.0m | $751k | $3.7m | $3.8m | $3.7m | $3.1m | $3.2m | $4.3m | $4.1m | $3.6m | $3.9m | |
| Change in allowance for credit losses | — | — | $0 | $0 | $244.5m | ($19.6m) | $834.5m | $102.8m | $126.7m | $177.9m | — | |
| Other gains | — | — | — | $43.7m | $25.5m | $0 | $0 | $4.5m | $581k | $2.7m | — | |
| Income from unconsolidated affiliate | — | — | — | — | $0 | $0 | $59.8m | $1.3m | $0 | $0 | — | |
| Unrealized (loss) gain on cash flow hedges | — | — | — | ($43.0m) | ($27.4m) | $29.2m | $200.6m | ($9.7m) | $27.0m | ($5.9m) | — | |
| Foreign currency translation adjustments | — | — | — | — | — | $0 | $0 | $2.0m | ($11.8m) | $7.6m | — | |
| Comprehensive income | — | — | — | — | $868.8m | $1.1b | $1.3b | $2.5b | $2.7b | $2.8b | — | |
| Comprehensive income attributable to non-controlling interests | — | — | — | — | ($4.5m) | ($9.3m) | ($18.4m) | ($40.7m) | ($42.3m) | ($42.8m) | — | |
| Comprehensive income attributable to common stockholders | — | — | $501.5m | $503.0m | $864.2m | $1.1b | $1.3b | $2.5b | $2.7b | $2.8b | — | |
| Diluted EPS | — | — | $1.43 | $1.24 | $1.75 | $1.76 | $1.27 | $2.47 | $2.56 | $2.61 | $2.58 | |
| Diluted NI Availto Com Stockholders | $0 | $44.5m | $523.6m | $546.0m | $891.7m | $1.0b | $1.1b | $2.5b | $2.7b | $2.8b | $2.8b | |
| Earnings From Equity Interest | — | — | — | — | $0 | $0 | $59.8m | $1.3m | $0 | $0 | $0 | |
| Minority Interests | — | — | ($8.5m) | ($8.3m) | ($4.5m) | ($9.3m) | ($18.6m) | ($41.1m) | ($42.4m) | ($43.1m) | ($43.5m) | |
| Normalized EBITDA | — | — | — | — | — | — | $1.7b | $3.4b | $3.6b | $3.7b | $3.7b | |
| Normalized Income | — | — | — | — | — | — | $1.1b | $2.5b | $2.7b | $2.8b | $2.8b | |
| Other Gand A | $2.0m | — | $24.4m | $24.6m | $30.7m | $33.1m | $48.3m | $59.6m | $69.1m | $65.1m | — | |
| Provision For Doubtful Accounts | — | — | $0 | $0 | $244.5m | ($19.6m) | $834.5m | $102.8m | $126.7m | $177.9m | $285.2m | |
| Selling General And Administration | $2.0m | — | $24.4m | $24.6m | $30.7m | $33.1m | $48.3m | $59.6m | $69.1m | $65.1m | — | |
| Special Income Charges | — | — | — | — | — | — | ($22.7m) | ($8.0m) | ($4.6m) | ($7.7m) | ($2.2m) | |
| Tax Effect Of Unusual Items | — | — | — | — | — | — | ($68k) | ($1.7m) | ($18k) | ($8k) | ($2k) | |
| Tax Provision | — | — | — | — | — | — | $2.9m | ($6.1m) | $9.7m | $2.4m | $2.8m | |
| Tax Rate For Calcs | — | — | — | — | — | — | $0 | $0 | $0 | $0 | $0 | |
| Business Combination, Acquisition Related Costs | — | — | $393k | — | — | — | — | — | — | — | — | |
| Golf expenses | $14.1m | $140.7m | $17.4m | $18.9m | $17.6m | $20.8m | $22.6m | $27.1m | $26.9m | $26.7m | — | |
| Transaction and acquisition expenses | — | — | $393k | $5.0m | $8.7m | $10.4m | $22.7m | $8.0m | $4.6m | $7.7m | — | |
| Operating Expense | — | — | — | — | — | — | $945.6m | $240.1m | $277.4m | $324.1m | $432.4m | |
| Total Unusual Items | — | — | — | — | — | — | ($22.7m) | ($8.0m) | ($4.6m) | ($7.7m) | ($2.2m) | |
| Total expenses | $18.8m | — | $140.0m | $52.3m | $321.0m | $75.6m | $990.9m | $275.2m | $308.8m | $358.5m | $432.4m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.