What are VICI Properties Inc.'s profit margins?

VICI Properties Inc. (VICI) runs a 99.3% gross margin and a 70.0% operating margin, with a 76.8% net margin.

Where do VICI Properties Inc.'s ratios come from?

Every ratio is computed from VICI Properties Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

VICI Properties Inc. VICI Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Gross margin	397.3%+0.2pp	397.1%0.0pp	397%+1.5pp	395.5%-94.1pp
Net margin	277.5%-6.5pp	284%+35.1pp	248.9%+72.5pp	176.4%-211pp
EBITDA margin	367.8%-8.3pp	376.2%+32.3pp	343.8%+75.0pp	268.8%-179pp
Free cash flow margin	249.5%+6.8pp	242.7%-10.7pp	253.5%-44.6pp	298.1%-21.3pp
Returns
Return on equity	41.1%-1.7pp	42.8%+5.2pp	37.6%+14.5pp	23.2%-23.1pp
Return on assets	24.1%-0.4pp	24.5%+2.6pp	21.9%+7.5pp	14.3%-12.4pp
Return on invested capital	31.7%-0.9pp	32.6%+1.5pp	31.1%+8.3pp	22.7%-10.6pp
Efficiency
Asset turnover	0.3×0.0×	0.3×0.0×	0.4×0.0×	0.3×0.0×
Leverage
Debt-to-equity	2.9×-0.1×	3×0.0×	3×+0.7×	2.4×+0.1×
Debt-to-assets	1.7×-0.1×	1.7×0.0×	1.7×+0.3×	1.4×0.0×
Net debt / EBITDA	21×-0.5×	21.5×-4.0×	25.5×-10.9×	36.4×+19.3×
Interest coverage	17.3×+0.1×	17.2×+2.0×	15.2×+3.2×	12×-3.0×
Per Share
Book value per share	$102.81+3.6%	$99.26+4.0%	$95.46+1.4%	$94.12+22.3%
Valuation
Market capitalization	$133.97B+5.8%	$126.63B-0.1%	$126.79B+15.3%	$109.94B+48.4%
Enterprise value	$210.18B+3.6%	$202.82B+2.4%	$198.12B+25.9%	$157.4B+63.8%
Price / earnings	49×+1.7×	47.3×-16.5×	63.7×-67.8×	131.5×+64.8×
Price / sales	34×+0.4×	33.6×-4.4×	38×-16.4×	54.3×-9.0×
Price / book	4.9×0.0×	4.9×-0.4×	5.3×-0.2×	5.4×-1.5×
EV / EBITDA	58×+0.8×	57.2×-13.6×	70.8×-49.2×	120×+46.3×
EV / sales	53.3×-0.5×	53.8×-5.5×	59.3×-17.8×	77.1×-5.6×
Free cash flow yield	29.5%+0.5pp	29%+2.3pp	26.8%+4.6pp	22.1%+2.0pp
Earnings yield	32.8%-1.1pp	33.9%+7.2pp	26.7%+13.6pp	13.2%-11.0pp
Dividend yield	21.8%+0.3pp	21.5%+2.5pp	19%+4.4pp	14.6%-0.6pp

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Questions, answered.

What are VICI Properties Inc.'s profit margins?: VICI Properties Inc. (VICI) runs a 99.3% gross margin and a 70.0% operating margin, with a 76.8% net margin.
Where do VICI Properties Inc.'s ratios come from?: Every ratio is computed from VICI Properties Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.