VICI Properties Inc. (BMV:VICI)

VICI Properties Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,926	3,849	3,612	2,601	1,510	1,226
Revenue Growth (YoY)	4.85%	6.57%	38.88%	72.28%	23.17%	36.97%
Cost of Revenue	26.54	26.9	27.09	22.6	20.76	17.63
Gross Profit	3,900	3,822	3,585	2,578	1,489	1,208
Selling, General & Admin	66.57	69.11	59.6	48.34	33.12	30.66
Depreciation & Amortization Expenses	3.74	4.13	4.3	3.18	3.09	3.73
Other Operating Expenses	197.08	208.71	184.17	916.78	18.66	268.99
Operating Income	3,632	3,540	3,337	1,610	1,434	904.56
Interest Income	12.87	16.1	25.25	69.3	0.12	6.8
Interest Expense	-838.49	-826.1	-818.06	-539.95	-392.39	-308.61
Other Non-Operating Income (Expense)	-	0.58	4.46	-	-15.62	294.29
Total Non-Operating Income (Expense)	-825.62	-809.42	-788.35	-470.65	-407.89	-7.52
Pretax Income	2,807	2,731	2,548	1,139	1,026	897.04
Provision for Income Taxes	8.02	9.7	-6.14	2.88	2.89	0.83
Net Income	2,756	2,679	2,514	1,118	1,014	891.67
Minority Interest in Earnings	43.14	42.43	41.08	18.63	9.31	4.53
Net Income to Common	2,756	2,679	2,514	1,118	1,014	891.67
Net Income Growth	4.58%	6.58%	124.90%	10.24%	13.70%	63.32%
Shares Outstanding (Basic)	1,054	1,047	1,015	878	564	506
Shares Outstanding (Diluted)	1,055	1,048	1,016	880	577	511
Shares Change (YoY)	1.94%	3.14%	15.47%	52.44%	12.95%	16.34%
EPS (Basic)	2.61	2.56	2.48	1.27	1.80	1.76
EPS (Diluted)	2.61	2.56	2.47	1.27	1.76	1.75
EPS Growth	2.35%	3.64%	94.49%	-27.84%	0.57%	41.13%
Free Cash Flow	2,452	2,374	2,177	1,942	893.85	880.87
Free Cash Flow Growth	3.27%	9.05%	12.13%	117.21%	1.47%	29.65%
Free Cash Flow Per Share	2.32	2.27	2.14	2.21	1.55	1.72
Dividends Per Share	1.730	1.695	1.610	1.500	1.380	1.255
Dividend Growth	2.07%	5.28%	7.33%	8.70%	9.96%	7.27%
Gross Margin	99.32%	99.30%	99.25%	99.13%	98.62%	98.56%
Operating Margin	92.51%	91.98%	92.38%	61.90%	94.99%	73.81%
Profit Margin	71.28%	70.70%	70.73%	43.69%	67.78%	73.13%
FCF Margin	62.44%	61.67%	60.27%	74.65%	59.21%	71.87%
EBITDA	3,686	3,591	3,387	1,645	1,508	928.16
EBITDA Margin	93.88%	93.30%	93.78%	63.27%	99.93%	75.73%
EBIT	3,632	3,540	3,337	1,610	1,434	904.56
EBIT Margin	92.51%	91.98%	92.38%	61.90%	94.99%	73.81%
Effective Tax Rate	0.29%	0.36%	-0.24%	0.25%	0.28%	0.09%

Updated Jun 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.