Discontinued — last reported Q4 '25

Other

Tenant reimbursement receivables

VICI Properties Inc. Tenant reimbursement receivables decreased by 53.5% to $2.36M in Q4 2025 compared to the prior quarter. Over 2 years (FY 2023 to FY 2025), Tenant reimbursement receivables shows a downward trend with a -38.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2023
Last reportedQ4 2025Feb 25, 2026

How to read this metric

An increase suggests potential tenant credit risk or delays in cost recovery, while a decrease indicates strong collection performance.

Detailed definition

This represents outstanding amounts owed by tenants for property-related expenses that the landlord initially paid on th...

Peer comparison

Common in triple-net lease REITs; high balances relative to revenue may signal tenant financial stress.

Metric ID: other_tenant_reimbursement_receivables

Historical Data

3 periods
 Q4 '23Q4 '24Q4 '25
Value$6.24M$5.07M$2.36M
QoQ Change-18.8%-53.5%
YoY Change-18.8%-53.5%
Range$2.36M$6.24M
Avg YoY Growth-36.1%
Median YoY Growth-36.1%
Current Streak2+ quarters decline

Frequently Asked Questions

What is VICI Properties Inc.'s tenant reimbursement receivables?
VICI Properties Inc. (VICI) reported tenant reimbursement receivables of $2.36M in Q4 2025.
What is the long-term trend for VICI Properties Inc.'s tenant reimbursement receivables?
Over 2 years (2023 to 2025), VICI Properties Inc.'s tenant reimbursement receivables has grown at a -38.5% compound annual growth rate (CAGR), from $6.24M to $2.36M.
What does tenant reimbursement receivables mean?
Unpaid amounts owed by tenants for property expenses paid by the landlord.