VICI Properties Inc. (VICI)
NYSE: VICI · Real-Time Price · USD
26.07
-0.67 (-2.51%)
At close: Aug 10, 2026, 4:00 PM EDT
26.17
+0.10 (0.38%)
Pre-market: Aug 11, 2026, 5:39 AM EDT
VICI Properties Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 2,809 | 2,819 | 2,721 | 2,555 | 1,136 | 1,023 |
Depreciation & Amortization | 3.87 | 3.64 | 4.13 | 4.3 | 3.18 | 3.09 |
Stock-Based Compensation | 17.59 | 16.2 | 17.51 | 15.54 | 12.99 | 9.37 |
Other Adjustments | -197.03 | -339.38 | -349.86 | -379.43 | 744.52 | -52.45 |
Changes in Accrued Expenses | -3.08 | 12.99 | -13.44 | -11.65 | 52.26 | -88.13 |
Changes in Other Operating Activities | 7.76 | -1.99 | 1.92 | -2.37 | -5.82 | 1.31 |
Operating Cash Flow | 2,638 | 2,510 | 2,381 | 2,181 | 1,943 | 896.35 |
Operating Cash Flow Growth | 7.47% | 5.39% | 9.19% | 12.23% | 116.81% | 1.44% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -1.3 | -1.34 | -7.53 | -4.04 | -1.88 | -2.51 |
Sale of Property, Plant & Equipment | 3.51 | 5.5 | 0.96 | 6.24 | - | 13.3 |
Purchases of Investments | -1,683 | -931.73 | -1,021 | -2,332 | -4,815 | -39.61 |
Proceeds from Sale of Investments | 537.48 | 27.49 | 110.33 | 699.35 | 94.89 | 90.96 |
Cash Acquisitions | - | - | - | -1,267 | -4,575 | - |
Other Investing Activities | -4.86 | -4.69 | -5.86 | -1.47 | -7.7 | -20.7 |
Investing Cash Flow | -1,215 | -904.77 | -922.78 | -2,899 | -9,304 | 41.45 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | 282.85 | 426.02 | 82.2 | 419.15 | 600 | - |
Short-Term Debt Repaid | -332.25 | -439.94 | -94.31 | -250 | -600 | - |
Net Short-Term Debt Issued (Repaid) | -49.4 | -13.92 | -12.11 | 169.15 | 0 | - |
Long-Term Debt Issued | - | 1,284 | 1,771 | - | 5,000 | - |
Long-Term Debt Repaid | - | -1,300 | -1,800 | - | - | -2,100 |
Net Long-Term Debt Issued (Repaid) | - | -15.56 | -28.83 | - | 5,000 | -2,100 |
Issuance of Common Stock | 375.35 | 375.35 | 378.69 | 2,480 | 3,219 | 2,386 |
Repurchase of Common Stock | -2.31 | -7.23 | -5.34 | -4.97 | -6.16 | -1.73 |
Net Common Stock Issued (Repurchased) | 373.04 | 368.12 | 373.35 | 2,475 | 3,213 | 2,384 |
Common Dividends Paid | -1,900 | -1,853 | -1,753 | -1,584 | -1,219 | -758.79 |
Other Financing Activities | -32.94 | -51.69 | -36.54 | -28.66 | -163.89 | -39.43 |
Financing Cash Flow | -1,367 | -1,567 | -1,457 | 1,032 | 6,830 | -514.18 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -0.57 | 0.16 | 0.45 | -0.06 | - | - |
Net Cash Flow | 55.08 | 38.86 | 2.04 | 313.64 | -530.68 | 423.62 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 2,637 | 2,509 | 2,374 | 2,177 | 1,942 | 893.85 |
Free Cash Flow Growth | 7.56% | 5.67% | 9.05% | 12.13% | 117.21% | 1.47% |
FCF Margin | 64.35% | 62.62% | 61.67% | 60.27% | 74.65% | 59.21% |
Free Cash Flow Per Share | 2.46 | 2.36 | 2.27 | 2.14 | 2.21 | 1.55 |
Levered Free Cash Flow | 2,724 | 2,759 | 2,623 | 2,669 | 6,165 | -1,172 |
Unlevered Free Cash Flow | 3,639 | 3,658 | 3,513 | 3,331 | 1,653 | 1,344 |