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VICI

S&P 500
Favorable · 67/100

Vici Properties

Real Estate
Hotel & Resort REITs

$26.09

0.7%

Updated Today 7:15 PM ET

Price — Past Year

▼ Down 18.7% over the last 12 months

Price 50-day average 200-day averageSource: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$30.61B

P/E

9.25x

Forward P/E (est.)

7.96x

ROE

11.2%

Revenue Growth

4.1%

EPS Growth

16.3%

Profit Margin

76.8%

FCF Yield

8.6%

Debt / Equity

0.63x

ROIC

1.0%

Interest Coverage

0.39x

Current Ratio

Dividend Yield

6.2%

Implied Growth (rev. DCF)

Rating Score

67/100

Technical Analysis (Educational)
Research

Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what VICI's chart says today, with each tool explained.

Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. VICI trades near $26.09, below its 50-day average ($28.24) and 200-day average ($29.26). Price below both averages is a downtrend — momentum is against buyers for now.

Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 34 it is in neutral territory — neither stretched nor washed out.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently negative — short-term momentum is fading.

Volatility — ATR. Average True Range is the typical daily move. VICI's is $0.64 (~2.5% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.

Support & resistance. Over the last month VICI found buyers near $26.27 (support) and sellers near $28.93 (resistance); its 52-week range is $26.27–$34.01. A decisive break beyond either edge often marks the next move.

Volume. The latest session traded 2.1× the 20-day average — heavier than usual, which adds conviction to the move. Rising volume on up-days suggests real buying; on down-days, real selling.

Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.

Business Overview
Research

Vici Properties (VICI) is a large-cap company in the Hotel & Resort REITs industry, part of the Real Estate sector of the S&P 500, with a market value around $30.61B.

In its latest reported year it generated about $4.01B in revenue and $2.78B in net profit.

Our model rates VICI Favorable (67/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Revenue Growth
Research

4Y CAGR

27.6%

Revenue moved from $1.51B in 2021 to $4.01B in 2025, a 27.6% compound annual growth rate. The most recent year was roughly flat (4.1%) year over year. Slower, mature growth is common for established businesses.

Profitability
Research

Gross Margin

99.3%

Operating Margin

98.7%

Net Margin

69.3%

ROE

11.2%

Vici Properties keeps about 76.8% of each sales dollar as net profit, with a 99.3% gross margin and 98.7% operating margin. Return on equity is 11.2% and return on invested capital about 1.0%. Margins this wide usually signal pricing power or a cost advantage.

Debt Analysis
Research

Total Debt

$16.79B

Net Debt

$16.31B

Net Debt / EBITDA

Debt / Equity

0.63x

Leverage: debt-to-equity is 0.6x, and operating profit covers interest about 0.4x. That is a moderate, manageable debt load for most businesses. It carries roughly $16.79B of total debt against $480.21M of cash.

Cash Flow Analysis
Research

Operating CF

$2.51B

Free Cash Flow

$2.51B

FCF Margin

62.7%

In the latest year Vici Properties produced about $2.51B of operating cash flow and $2.51B of free cash flow after capital spending. That is a free-cash-flow yield of about 8.6% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.

Valuation Analysis
Research

P/E

9.25x

P/S

7.64x

P/B

1.02x

EV / EBITDA

VICI trades at 9.3x trailing earnings (about 8.0x on estimated forward earnings), 7.6x sales, and 1.0x book value. That is an undemanding multiple — potentially cheap if the business is stable.

Metrics vs. Typical Range

Where this stock sits versus what most companies trade at.

TTM P/E
9.3xCheap
Forward P/E
8.0xCheap
P/S ratio
7.6xExpensive
Revenue growth
4.1%Weak
EPS growth
16.3%Strong
Gross margin
99.3%Strong
Net margin
76.8%Strong
ROE
11.2%Weak

Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.

Sector Peer Comparison

How VICI stacks up against its Real Estate peers — valuation, profitability, and growth versus the sector median.

In the Real Estate sector (31 S&P 500 companies), VICI ranks #4 of 31 by our overall rating. It trades at a discount versus the sector on earnings (9.3x P/E vs. 30.8x median) with a higher return on equity (11.2% vs. 8.0%) and slower revenue growth (4.1% vs. 5.3%).

P/E vs sector

9.3x

median 30.8x

ROE vs sector

11.2%

median 8.0%

Growth vs sector

4.1%

median 5.3%

Sector rank

#4

of 31 by rating

CompanyP/ERev Gr.Rating
VICIThis stock9.3x4.1%Favorable· 67
HST16.9x6.2%Favorable· 67
EXR32.5x4.2%Neutral· 51
CCI33.8x-29.6%Neutral· 43
AVB22x4.0%Favorable· 61
IRM139.3x15.6%Neutral· 44
CBRE29.1x14.8%Neutral· 52
EQR25.1x3.4%Neutral· 53
Real Estate median30.8x5.3%53/100

Valuation vs. quality map

sector medianHSTEXRCCIAVBIRMCBREEQRVICIP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Real Estate companies by sub-industry and size. Sector median is across all 31 S&P 500 names in the sector. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$11.40$20.52

vs. $26.09 today · expected CAGR -15%-5%

Metric20262027202820292030
Revenue$4.17B$4.33B$4.51B$4.69B$4.87B
Net income$2.08B$2.17B$2.25B$2.34B$2.44B
EPS$1.95$2.03$2.11$2.19$2.28
Share price (low)$9.74$10.13$10.54$10.96$11.40
Share price (high)$17.54$18.24$18.97$19.73$20.52
CAGR (low–high)-63% / -33%-38% / -16%-26% / -10%-19% / -7%-15% / -5%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

The case for VICI:

  • High net margins (76.8%) point to pricing power or efficiency.
  • Healthy free-cash-flow yield (~8.6%) funds buybacks and dividends.
  • Pays a 6.2% dividend on top of any price gains.
  • Our model's overall read is Favorable (67/100).
Bear Case

The case against VICI:

  • Interest coverage is thin (0.4x), so debt costs bite.
  • Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Key Risks
Research

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the fundamentals screen favourably: Vici Properties is a large-cap real estate business growing at a mature pace, with solid profitability, and a sound balance sheet. It trades at 9.3x earnings, which our model scores Favorable (67/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.