For the year ending 2025-12-31, VICI made $4,006,116K in revenue. $2,775,493K in net income. Net profit margin of 69.28%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Total revenues | 4,006,116 | 3,849,205 | 3,611,988 | 2,600,697 |
| General and administrative | 65,082 | 69,109 | 59,603 | 48,340 |
| Depreciation | 3,637 | 4,125 | 4,298 | 3,182 |
| Other expenses | 77,479 | 77,422 | 73,326 | 59,629 |
| Golf expenses | 26,730 | 26,895 | 27,089 | 22,602 |
| Change in allowance for credit losses | 177,887 | 126,720 | 102,824 | 834,494 |
| Transaction and acquisition expenses | 7,729 | 4,567 | 8,017 | 22,653 |
| Total expenses | 358,544 | 308,838 | 275,157 | 990,900 |
| Interest expense | 843,614 | 826,097 | 818,056 | 539,953 |
| Interest income | 14,363 | 16,095 | 23,970 | 9,530 |
| Loss from extinguishment of debt | - | - | 0 | 0 |
| Other gains | 2,658 | 581 | 4,456 | - |
| Gain upon lease modification | - | - | - | 0 |
| Income from unconsolidated affiliate | 0 | 0 | 1,280 | 59,769 |
| Income before income taxes | 2,820,979 | 2,730,946 | 2,548,481 | 1,139,143 |
| Federal | 1,774 | 1,106 | - | - |
| State | 393 | 1,824 | - | - |
| Foreign | 268 | 6,774 | - | - |
| (provision for) benefit from income taxes | 2,435 | 9,704 | -6,141 | 2,876 |
| Net income | 2,818,544 | 2,721,242 | 2,554,622 | 1,136,267 |
| Less net income attributable to non-controlling interests | 43,051 | 42,432 | 41,082 | 18,632 |
| Net income attributable to common stockholders | 2,775,493 | 2,678,810 | 2,513,540 | 1,117,635 |
| Basic EPS | 2.61 | 2.56 | 2.48 | 1.27 |
| Diluted EPS | 2.61 | 2.56 | 2.47 | 1.27 |
| Basic Average Shares | 1,062,006,448 | 1,046,739,537 | 1,014,513,195 | 877,508,388 |
| Diluted Average Shares | 1,062,693,062 | 1,047,675,111 | 1,015,776,697 | 879,675,845 |
VICI PROPERTIES INC. (VICI)
VICI PROPERTIES INC. (VICI)