VICI Properties Inc. (VICI)

VICI Properties Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Rental Revenue	-	-	-	-	25.46	43.65
Other Revenue	114.83	113.57	154.99	58.35	39.59	28.94
Total Revenue	3,745	3,613	2,660	1,510	1,226	894.8
Revenue Growth (YoY	12.01%	35.81%	76.24%	23.17%	36.97%	-0.35%
Property Expenses	36.63	35.11	45.26	31.16	26.32	23.9
Selling, General & Administrative	68.22	66.19	53.68	33.12	30.66	24.57
Depreciation & Amortization	4.72	4.3	3.18	3.09	3.73	3.83
Other Operating Expenses	68.51	66.74	54.29	27.81	15.79	-
Total Operating Expenses	274.71	275.16	990.9	75.63	321.02	52.3
Operating Income	3,470	3,338	1,670	1,434	904.56	842.5
Interest Expense	-820.76	-818.06	-539.95	-392.39	-308.61	-248.38
Interest & Investment Income	24.34	23.97	9.53	0.12	6.8	20.01
Other Non-Operating Income	4.46	4.46	-	-	-	-
EBT Excluding Unusual Items	2,673	2,548	1,139	1,042	602.75	614.13
Other Unusual Items	-	-	-	-15.62	294.29	-58.14
Pretax Income	2,673	2,548	1,139	1,026	897.04	555.99
Income Tax Expense	-4.33	-6.14	2.88	2.89	0.83	1.71
Earnings From Continuing Operations	2,678	2,555	1,136	1,023	896.21	554.28
Minority Interest in Earnings	-42.32	-41.08	-18.63	-9.31	-4.53	-8.32
Net Income	2,635	2,514	1,118	1,014	891.67	545.96
Net Income to Common	2,635	2,514	1,118	1,014	891.67	545.96
Net Income Growth	22.90%	124.90%	10.24%	13.70%	63.32%	4.27%
Basic Shares Outstanding	1,034	1,015	878	564	506	435
Diluted Shares Outstanding	1,034	1,016	880	577	511	439
Shares Change (YoY)	4.91%	15.47%	52.44%	12.95%	16.34%	19.56%
EPS (Basic)	2.55	2.48	1.27	1.80	1.76	1.25
EPS (Diluted)	2.55	2.47	1.27	1.76	1.75	1.24
EPS Growth	17.37%	94.49%	-27.84%	0.57%	41.13%	-13.04%
Dividend Per Share	1.660	1.610	1.500	1.380	1.255	1.170
Dividend Growth	6.41%	7.33%	8.70%	9.96%	7.26%	17.29%
Operating Margin	92.66%	92.38%	62.75%	94.99%	73.81%	94.16%
Profit Margin	70.38%	69.56%	42.01%	67.16%	72.76%	61.02%
Free Cash Flow Margin	61.07%	60.36%	73.05%	59.38%	72.10%	76.24%
EBITDA	3,475	3,342	1,673	1,437	908.29	846.33
EBITDA Margin	92.79%	92.50%	62.87%	95.19%	74.11%	94.58%
D&A For Ebitda	4.72	4.3	3.18	3.09	3.73	3.83
EBIT	3,470	3,338	1,670	1,434	904.56	842.5
EBIT Margin	92.66%	92.38%	62.75%	94.99%	73.81%	94.16%
Funds From Operations (FFO)	2,635	2,515	1,145	-	-	-
FFO Per Share	2.55	2.48	1.30	-	-	-
Adjusted Funds From Operations (AFFO)	-	2,187	1,694	-	-	-
AFFO Per Share	-	2.15	1.93	-	-	-
FFO Payout Ratio	63.46%	62.98%	106.49%	-	-	-
Effective Tax Rate	-	-	0.25%	0.28%	0.09%	0.31%
Revenue as Reported	3,745	3,612	2,601	1,510	1,226	894.8

Source: S&P Capital IQ. Real Estate template. Financial Sources.