What is VICI Properties Inc.'s capex?

VICI Properties Inc. (VICI) reported capex of $628K in Q1 2026.

How has VICI Properties Inc.'s capex changed year-over-year?

VICI Properties Inc.'s capex increased by 302.6% year-over-year, from $156K to $628K.

What is the long-term trend for VICI Properties Inc.'s capex?

Over 4 years (2021 to 2025), VICI Properties Inc.'s capex has grown at a -14.6% compound annual growth rate (CAGR), from $2.51M to $1.34M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

VICI Properties Inc. VICI CapEx

Discontinued — last reported Q1 '26

CapEx at other companies

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$36.44M+148%

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$51M+10.9%

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$111.48M+764%

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$2.67M+101%

InvenTrust PropertiesIVT

$6.09M-17.4%

Realty IncomeO

——

Other financials

Income statement

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Revenue$1.0B+3.5%

Gross profit$1.0B+3.5%

Net income$872.4M+60.5%

EPS (diluted)$0.82+60.8%

Balance sheet

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Cash & equivalents$480.2M+43.6%

Total debt$19.2B-1.6%

Total equity$28.2B+5.9%

Total assets$47.1B+3.4%

Cash flow

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Operating cash flow$631.9M+6.8%

Free cash flow$631.2M+6.7%

Valuation

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Market cap$28.59B-12.0%

Enterprise value$47.28B-8.8%

P/E9.2×-2.6×

P/S7.1×-1.2×

Profitability

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Gross margin99.3%0.0pp

Operating margin70%—

Net margin76.8%+9.0pp

FCF margin63.1%+0.6pp

Returns & leverage

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Return on equity11.3%+1.2pp

Debt / equity0.7×-0.1×

Where this comes from

Reported directly by VICI Properties Inc. in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireOtherPropertyPlantAndEquipment.

The official record: VICI Properties Inc.’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is VICI Properties Inc.'s capex?: VICI Properties Inc. (VICI) reported capex of $628K in Q1 2026.
How has VICI Properties Inc.'s capex changed year-over-year?: VICI Properties Inc.'s capex increased by 302.6% year-over-year, from $156K to $628K.
What is the long-term trend for VICI Properties Inc.'s capex?: Over 4 years (2021 to 2025), VICI Properties Inc.'s capex has grown at a -14.6% compound annual growth rate (CAGR), from $2.51M to $1.34M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.