VICI Properties Inc. (VICI)

NYSE · Real Estate · market cap 30.39B

Share price

$24.11

At the last nightly close

Intrinsic value

$52.92

A single conservative estimate.

Margin of safety

+119.5%

($52.92 − $24.11) ÷ $24.11

EV / EBIT

n/a

Not ranked: reit sector.

How these numbers are computed

The valuations are calculated in Python from filed accounts, not written by a language model. Three methods run side by side: earnings power value, which capitalises a normalised operating profit; a free-cash-flow model; and the Graham Number as an asset-side cross-check. The conservative figure above is the low end of what they agree on.

The frame gives no credit for growth. A company that compounds will therefore read as expensive against it — that is deliberate. It is a price-discipline floor, not a price target, and it is not a view on what the shares will do.

The EV/EBIT ranking uses the median operating profit of up to fifteen fiscal years — a full cycle — where the free screeners use the last twelve months. When the data cannot support a method, the figure reads n/a rather than a number: a free-cash-flow valuation on a bank, a PEG on erratic earnings, a multiple on a company with no operating profit to speak of.

Fundamentals from SEC EDGAR. Prices, market data and technicals from yfinance. Valuation computed 2026-09-03.

Key metrics

Price / earnings9.3
Price / book0.9
EV / EBITDA12.4
FCF / EVn/a
Return on equity+9.8%
Return on assets+4.8%
Debt / equity0.60
Gross margin+99.3%

Market position

52-week high$31.34
52-week low$24.11
From 52-week high-23.1%
RSI (14)26.6
200-day moving average$27.26

Annual financials

PeriodRevenueOperating incomeNet incomeEPSFree cash flow
2025-FY4.01B3.66B2.78B2.612.51B
2024-FY3.85B3.54B2.68B2.562.37B
2023-FY3.61B3.34B2.51B2.482.18B
2022-FY2.60B1.63B1.12B1.271.94B
2021-FY1.51Bn/a1.01B1.76n/a

Filed figures from SEC EDGAR, in the reporting currency.

Next earnings

Q4 2026 expectedOctober 29, 2026
Consensus EPS estimate0.72

Recent news

The figures above are the arithmetic. To see what a board of eight AI agents makes of them — macro, sector, filings, news and a devil's advocate whose only job is to attack the thesis — run the full analysis on VICI.

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This page presents computed figures and filed financial data for information only. It is not investment advice, not a recommendation to buy or sell any security, and not a statement about what these shares will do. Sperio is a research tool, not an investment adviser. Figures are derived automatically from public filings and market data and may be incomplete, out of date or wrong. See the Terms & Disclaimer.