VICI Properties Inc. (VICI) Income Statement Analysis

See more : Caixa Seguridade Participações S.A. (CXSE3.SA) Income Statement Analysis – Financial Results

Complete financial analysis of VICI Properties Inc. (VICI) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of VICI Properties Inc., a leading company in the REIT – Diversified industry within the Real Estate sector.

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VICI Properties Inc. (VICI)

Industry: REIT - Diversified

Sector: Real Estate

Website: https://www.viciproperties.com

About VICI Properties Inc.

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.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	3.61B	2.60B	1.51B	1.23B	894.80M	897.98M	201.44M	18.79M	18.08M	18.91M
Cost of Revenue	27.09M	82.23M	48.57M	33.43M	18.90M	99.18M	33.77M	13.74M	13.42M	14.07M
Gross Profit	3.58B	2.52B	1.46B	1.19B	875.90M	798.80M	167.67M	5.05M	4.66M	4.84M
Gross Profit Ratio	99.25%	96.84%	96.78%	97.27%	97.89%	88.96%	83.24%	26.86%	25.78%	25.60%
Research & Development	0.00	0.44	0.68	0.73	0.62	0.59	0.23	0.00	0.00	0.00
General & Administrative	59.60M	48.34M	33.12M	30.66M	24.57M	24.43M	11.28M	2.01M	1.76M	1.90M
Selling & Marketing	0.00	0.00	0.00	0.00	0.00	0.00	0.00	118.00K	74.00K	90.00K
SG&A	59.60M	48.34M	33.12M	30.66M	24.57M	24.43M	11.28M	2.01M	1.76M	1.90M
Other Expenses	215.55M	837.68M	-16.46M	248.25M	3.83M	3.69M	3.15M	3.03M	2.88M	2.90M
Operating Expenses	240.05M	886.02M	16.66M	278.91M	28.40M	28.12M	14.43M	5.04M	4.64M	4.80M
Cost & Expenses	275.16M	968.25M	65.23M	312.33M	47.30M	127.30M	48.20M	18.78M	18.06M	18.87M
Interest Income	23.97M	9.53M	120.00K	6.80M	20.01M	11.31M	282.00K	0.00	0.00	0.00
Interest Expense	818.06M	523.72M	328.15M	308.61M	248.38M	212.66M	63.35M	7.00K	18.00K	39.00K
Depreciation & Amortization	4.30M	990.90M	75.63M	321.02M	52.30M	140.02M	45.11M	18.78M	2.88M	2.90M
EBITDA	3.37B	1.70B	1.45B	1.26B	846.33M	761.64M	147.35M	3.04M	2.90M	2.94M
EBITDA Ratio	93.32%	65.56%	95.89%	102.57%	97.38%	87.49%	54.18%	16.17%	16.04%	15.56%
Operating Income	3.34B	1.70B	1.44B	1.25B	842.50M	757.95M	144.20M	7.00K	18.00K	39.00K
Operating Income Ratio	92.42%	65.43%	95.69%	102.27%	94.16%	84.41%	71.58%	0.04%	0.10%	0.21%
Total Other Income/Expenses	-789.63M	-493.31M	-418.29M	-16.20M	-286.51M	-224.40M	-101.56M	-7.00K	-18.00K	-39.00K
Income Before Tax	2.55B	1.14B	1.03B	897.04M	555.99M	533.56M	42.64M	3.04M	0.00	0.00
Income Before Tax Ratio	70.56%	43.80%	67.97%	73.19%	62.14%	59.42%	21.17%	16.17%	0.00%	0.00%
Income Tax Expense	-6.14M	2.88M	2.89M	831.00K	1.71M	1.44M	-1.90M	7.00K	-3.00K	-4.00K
Net Income	2.51B	1.12B	1.01B	891.67M	545.96M	523.62M	42.66M	3.03M	3.00K	4.00K
Net Income Ratio	69.59%	42.97%	67.16%	72.76%	61.02%	58.31%	21.18%	16.13%	0.02%	0.02%
EPS	2.48	1.27	1.80	1.76	1.25	1.43	0.13	0.01	0.00	0.00
EPS Diluted	2.47	1.27	1.76	1.75	1.24	1.43	0.13	0.01	0.00	0.00
Weighted Avg Shares Out	1.01B	877.51M	564.47M	506.14M	435.07M	367.23M	327.54M	360.78M	360.78M	360.78M
Weighted Avg Shares Out (Dil)	1.02B	879.68M	577.07M	510.91M	439.15M	367.32M	327.58M	360.78M	360.78M	360.78M

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November 2, 2024seekingalpha.com

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VICI Properties Inc (VICI) Q3 2024 Earnings Call Transcript

November 1, 2024seekingalpha.com

VICI Properties Inc (NYSE:VICI ) Q3 2024 Earnings Conference Call November 1, 2024 10:00 AM ET Corporate Participants Samantha Gallagher - Executive Vice President, General Counsel and Secretary Ed Pitoniak - Chief Executive Officer John Payne - Chief Operating Officer...

VICI Properties: The House Always Wins - Own The Casino Not The Business

November 1, 2024seekingalpha.com

VICI Properties looks undervalued as it trades at 12.17 times its FFO and 9.57 times its EBITDA. The gaming industry is expected to expand its gross revenue by over $40 billion over the next 5 years which is bullish for...

VICI Properties (VICI) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

October 31, 2024zacks.com

Although the revenue and EPS for VICI Properties (VICI) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago...

VICI Properties Inc. (VICI) Beats Q3 FFO and Revenue Estimates

October 31, 2024zacks.com

VICI Properties Inc. (VICI) came out with quarterly funds from operations (FFO) of $0.57 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to FFO of $0.54 per share a year ago.

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October 31, 2024seekingalpha.com

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What to Expect From VICI Properties Stock in Q3 Earnings?

October 30, 2024zacks.com

VICI's Q3 earnings are likely to reflect the company's accretive expansion moves and the benefits of owning a high-quality portfolio with a diverse revenue base.