VICI Properties Inc. (VICI)

VICI Properties Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	3,152	2,819	2,721	2,555	1,136	1,023
Depreciation & Amortization	3.61	3.64	4.13	4.3	3.18	3.09
Stock-Based Compensation	17.42	16.2	17.51	15.54	12.99	9.37
Other Adjustments	-602.72	-339.38	-349.86	-379.43	744.52	-52.45
Changes in Accrued Expenses	-24.86	12.99	-13.44	-11.65	52.26	-88.13
Changes in Other Operating Activities	4.32	-1.99	1.92	-2.37	-5.82	1.31
Operating Cash Flow	2,550	2,510	2,382	2,181	1,943	896.35
Operating Cash Flow Growth	4.96%	5.39%	9.19%	12.23%	116.81%	1.44%
Capital Expenditures	-1.81	-1.34	-7.53	-4.04	-1.88	-2.51
Sale of Property, Plant & Equipment	4.51	5.5	0.96	6.24	-	13.3
Purchases of Investments	-1,281	-931.73	-1,021	-2,332	-4,815	-39.61
Proceeds from Sale of Investments	540.57	27.49	110.33	699.35	94.89	90.96
Payments for Business Acquisitions	-	-	-	-1,267	-4,575	-
Other Investing Activities	-5.51	-4.69	-5.86	-1.47	-7.7	-20.7
Investing Cash Flow	-742.09	-904.77	-922.78	-2,899	-9,304	41.45
Short-Term Debt Issued	177.67	426.02	82.2	419.15	600	-
Short-Term Debt Repaid	-288.1	-439.94	-94.31	-250	-600	-
Net Short-Term Debt Issued (Repaid)	-110.43	-13.92	-12.11	169.15	0	-
Long-Term Debt Issued	642.22	1,284	1,771	-	5,000	-
Long-Term Debt Repaid	-650	-1,300	-1,800	-	-	-2,100
Net Long-Term Debt Issued (Repaid)	-7.78	-15.56	-28.83	-	5,000	-2,100
Issuance of Common Stock	-0	375.35	378.69	2,480	3,219	2,386
Repurchase of Common Stock	-2.35	-7.23	-5.34	-4.97	-6.16	-1.73
Net Common Stock Issued (Repurchased)	-2.35	368.12	373.35	2,475	3,213	2,384
Common Dividends Paid	-1,876	-1,853	-1,753	-1,584	-1,219	-758.79
Other Financing Activities	-32.97	-51.69	-36.54	-28.66	-163.89	-39.43
Financing Cash Flow	-1,662	-1,567	-1,457	1,032	6,830	-514.18
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-0.18	0.16	0.45	-0.06	-	-
Net Cash Flow	145.89	38.86	2.04	313.64	-530.68	423.62
Free Cash Flow	2,548	2,509	2,374	2,177	1,942	893.85
Free Cash Flow Growth	1.58%	5.67%	9.05%	12.13%	117.21%	1.47%
FCF Margin	63.07%	62.62%	61.67%	60.27%	74.65%	59.21%
Free Cash Flow Per Share	2.39	2.36	2.27	2.14	2.21	1.55
Levered Free Cash Flow	2,967	2,759	2,623	2,669	6,165	-1,172
Unlevered Free Cash Flow	3,957	3,658	3,513	3,331	1,653	1,344

Updated Apr 29, 2026. Data Source: Fiscal.ai. real_estate template. Financial Sources.

SEC Filings: 10-K · 10-Q