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VICI Properties Inc. VICI Payments To Acquire Real Estate

Payments To Acquire Real Estate at other companies

W.P. Carey Inc. logo
W.P. Carey Inc.WPC
$716.19M+96.1%
FCP
Four Corners Property TrustFCPT
$26.82M-53.6%
Alpine Income Property Trust logo
Alpine Income Property TrustPINE
$33.8M-34.0%

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%
CapEx$628.0K+303%
Free cash flow$631.2M+6.7%

Valuation

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Market cap$29.22B-17.0%
Enterprise value$47.91B-12.1%
P/E9.4×-3.4×
P/S7.2×-1.7×

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:PaymentsToAcquireRealEstate.

The source filing: VICI Properties Inc.’s 10-K, filed February 25, 2026.

Filed
Feb 25, 2026, 4:18 PM EST
Fiscal year
FY2025
Accession
0001705696-26-000034
Line itemYear Ended December 31, 2025Year Ended December 31, 2024Year Ended December 31, 2023
Other liabilities(1,547)(1,505)(7,496)
Net cash provided by operating activities2,509,9912,381,4982,181,009
Cash flows from investing activities
Investments in leases - sales-type(411,800)(241,139)
Investments in leases - financing receivables(248)(1,131,996)
Investments in loans and securities(887,246)(579,057)(959,135)
Principal repayments of loans and securities and receipts of deferred fees27,48980,750482,006
Net cash paid in connection with the MGM Grand/Mandalay Bay JV Interest Acquisition(1,266,905)

ITEM 16. Form 10-K Summary

FAQ

What is VICI Properties Inc.'s payments to acquire real estate?
VICI Properties Inc. (VICI) reported payments to acquire real estate of $0 in Q4 2025.
How has VICI Properties Inc.'s payments to acquire real estate changed year-over-year?
VICI Properties Inc.'s payments to acquire real estate decreased by 100.0% year-over-year, from $150M to $0.
What does payments to acquire real estate mean?
Cash outflows dedicated to the purchase of real property assets, including land, buildings, and improvements. This represents the primary capital deployment activity for real estate-focused companies.

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