Stock AnalizVici Properties Inc. VICI
Real Estate Investment Trusts · IPO 2018 · data as of November 13, 2026
Vici Properties Inc. (VICI) is a real estate company listed in the US with a market value of about $27.5B. In the twelve months to September 30, 2026 it had revenue of $4.2B and net income of $2.3B, a net margin of 56.5%.
Its overall Stock Analiz score is 2.8 out of 5 (average). The strongest part is value (5/5); the weakest is future growth (1/5).
Key numbers: a P/E of 11.5, a price to free cash flow of 10.2, 5-year revenue growth of 27% a year, a 5-year average ROIC of 7%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 29% above the current price.
Score: 2.8 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- 3-year revenue growth above 10% a year
- 5-year revenue growth above 8% a year
- Profitable 5 years in a row
Checks not passed
- Revenue growth above 10% last year
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
- 5-year average ROIC above 12%
- ROE above 15%
- More cash than debt, or low debt to equity
Valuation
Growth and quality
Financials, last 9 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.2B | $4.0B | $3.8B | $3.6B | $2.6B | $1.5B | $1.2B | $895M | $898M | $188M |
| Net income | $2.3B | $2.8B | $2.7B | $2.5B | $1.1B | $1.0B | $892M | $546M | $524M | $45M |
| Free cash flow | $2.7B | $2.5B | $2.4B | $2.2B | $1.9B | $894M | $881M | $679M | $503M | — |
| EPS (diluted) | $2.17 | $2.61 | $2.56 | $2.47 | $1.27 | $1.76 | $1.75 | $1.24 | $1.43 | — |
| Net margin | 56.5% | 69.3% | 69.6% | 69.6% | 43.0% | 67.2% | 72.8% | 61.0% | 58.3% | 23.7% |
| ROIC | — | 8.2% | 8.2% | 6.3% | 4.7% | 8.4% | 2.0% | 0.4% | 1.3% | 1.3% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 24 analysts is $29.61, 18% above the current price; targets range from $24.00 to $35.00; the consensus rating is “Buy”; expected EPS is $2.34 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Vici Properties’s P/E ratio?
About 11.5, based on the last twelve months of diluted earnings per share (forward P/E about 8.5).
Is Vici Properties stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 29% above the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Vici Properties pay a dividend?
Yes. The dividend yield is about 7.36%, and it has paid dividends for 8 years in our data.
Is Vici Properties a good stock to buy?
We do not give buy or sell advice. Vici Properties scores 2.8 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.