XNYSVICI
Market cap30bUSD
Dec 26, Last price
29.13USD
1D
0.90%
1Q
-11.50%
IPO
58.05%
Name
VICI Properties Inc
Chart & Performance
Profile
VICI Properties is an experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including the world-renowned Caesars Palace. VICI Properties' national, geographically diverse portfolio consists of 29 gaming facilities comprising over 48 million square feet and features approximately 19,200 hotel rooms and more than 200 restaurants, bars and nightclubs. Its properties are leased to industry leading gaming and hospitality operators, including Caesars Entertainment, Inc., Century Casinos Inc., Hard Rock International, JACK Entertainment and Penn National Gaming, Inc. VICI Properties also owns four championship golf courses and 34 acres of undeveloped land adjacent to the Las Vegas Strip. VICI Properties' strategy is to create the nation's highest quality and most productive experiential real estate portfolio.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 3,611,988 38.89% | 2,600,697 72.28% | 1,509,568 23.17% | |||||||
Cost of revenue | 86,692 | 130,571 | 81,692 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 3,525,296 | 2,470,126 | 1,427,876 | |||||||
NOPBT Margin | 97.60% | 94.98% | 94.59% | |||||||
Operating Taxes | (6,141) | 2,876 | 2,887 | |||||||
Tax Rate | 0.12% | 0.20% | ||||||||
NOPAT | 3,531,437 | 2,467,250 | 1,424,989 | |||||||
Net income | 2,513,540 124.90% | 1,117,635 10.24% | 1,013,851 13.70% | |||||||
Dividends | (1,583,840) | (1,219,117) | (758,790) | |||||||
Dividend yield | 4.89% | 4.28% | 4.37% | |||||||
Proceeds from repurchase of equity | 2,475,139 | 3,212,945 | 2,384,045 | |||||||
BB yield | -7.64% | -11.27% | -13.72% | |||||||
Debt | ||||||||||
Debt current | 58,769 | 26,350 | ||||||||
Long-term debt | 18,325,163 | 14,568,973 | 4,991,844 | |||||||
Deferred revenue | 73,600 | (3,879) | ||||||||
Other long-term liabilities | 311,955 | 874,533 | 375,837 | |||||||
Net debt | 17,802,589 | 12,740,692 | 4,277,696 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 2,181,009 | 1,943,396 | 896,350 | |||||||
CAPEX | (4,035) | (1,876) | (2,505) | |||||||
Cash from investing activities | (2,899,095) | (9,304,014) | 41,449 | |||||||
Cash from financing activities | 1,031,790 | 6,829,937 | (514,178) | |||||||
FCF | 3,467,674 | (12,861,260) | 8,952,942 | |||||||
Balance | ||||||||||
Cash | 522,574 | 426,275 | 739,614 | |||||||
Long term investments | 1,460,775 | 884 | ||||||||
Excess cash | 341,975 | 1,757,015 | 665,020 | |||||||
Stockholders' equity | 1,531,902 | 737,768 | 778,131 | |||||||
Invested Capital | 43,048,520 | 36,298,922 | 16,614,985 | |||||||
ROIC | 8.90% | 9.33% | 7.15% | |||||||
ROCE | 8.12% | 6.67% | 8.26% | |||||||
EV | ||||||||||
Common stock shares outstanding | 1,015,777 | 879,676 | 577,066 | |||||||
Price | 31.88 -1.60% | 32.40 7.61% | 30.11 18.08% | |||||||
Market cap | 32,382,961 13.62% | 28,501,497 64.03% | 17,375,466 33.37% | |||||||
EV | 50,587,393 | 41,691,819 | 22,078,094 | |||||||
EBITDA | 3,529,594 | 2,473,308 | 1,430,967 | |||||||
EV/EBITDA | 14.33 | 16.86 | 15.43 | |||||||
Interest | 818,056 | 523,720 | 328,151 | |||||||
Interest/NOPBT | 23.21% | 21.20% | 22.98% |