Capital Expenditures for VICI Properties (VICI)
According to VICI Properties's latest reported financial statements, the company's current capital expenditures (TTM) is $1.96M USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

VICI
Currently viewingCapital ExpendituresSwitch metric
Latest period
$1.96M
YoY change
-82.3%
5Y CAGR
-13.6%
Peak year (2024)
$7.53M
Cumulative capital expenditures
$27.32M
CapEx history chart for VICI Properties (VICI) from 2014 to 2025
CapEx history table for VICI Properties (VICI) from 2014 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $1.33M | -82.3% | ||
| 2024 | $7.53M | +86.5% | ||
| 2023 | $4.04M | +115.1% | ||
| 2022 | $1.88M | -25.1% | ||
| 2021 | $2.50M | -9.5% | ||
| 2020 | $2.77M | +1.6% | ||
| 2019 | $2.72M | +203.0% | ||
| 2018 | $899,000 | -54.3% | ||
| 2017 | $1.97M | +126.6% | ||
| 2016 | $869,000 | +8.9% | ||
| 2015 | $798,000 | +4594.1% | ||
| 2014 | $17,000 | — |
CapEx values are taken from VICI Properties's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of VICI Properties (VICI) capital expenditures is $1.33M – plunged 82.3% year-over-year.
Through 2020–2025 (5 years), VICI Properties capital expenditures delivered a -13.6% annualised rate; with a net decline across the window.
Between 2024 and 2025, VICI Properties capital expenditures plunged 82.3%, falling from $7.53M to $1.33M.
$7.53M stands as the all-time-high annual capital expenditures, posted in 2024, against a low of $17,000 during 2014.
Among 8 Real Estate peers, VICI Properties (VICI) ranks 7th; the peer median for capital expenditures is $210.59M.
VICI Properties Capital Expenditures by Year
VICI Properties Capital Expenditures 2025: $1.33M
VICI Properties capital expenditures in 2025 was $1.33M, plunged 82.3% below 2024.
VICI Properties Capital Expenditures 2024: $7.53M
VICI Properties capital expenditures in 2024 was $7.53M, surged 86.5% from 2023. This figure represents the highest annual value in the available history.
VICI Properties Capital Expenditures 2023: $4.04M
VICI Properties capital expenditures in 2023 was $4.04M, surged 115.1% from 2022.
VICI Properties Capital Expenditures 2022: $1.88M
VICI Properties capital expenditures in 2022 was $1.88M, declined 25.1% below 2021.
VICI Properties Capital Expenditures 2021: $2.50M
VICI Properties capital expenditures in 2021 was $2.50M.
See more financial history for VICI Properties (VICI).
Sector peers — CapEx
Companies in the same sector as VICI Properties, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Equinix, Inc. (EQIX) | $4.31B | Real Estate |
| American Tower Corporation (AMT) | $1.68B | Real Estate |
| Simon Property Group, Inc. (SPG) | $912.35M | Real Estate |
| Public Storage (PSA) | $289.38M | Real Estate |
| Realty Income Corporation (O) | $131.80M | Real Estate |
| Welltower Inc. (WELL) | $33.80M | Real Estate |
| Prologis, Inc. (PLD) | $0 | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $0 | Real Estate |
Frequently asked questions
What is VICI Properties's capital expenditures?
- Latest reported capital expenditures for VICI Properties (VICI) is $1.96M (period ending December 31, 2025).
How has VICI Properties capital expenditures changed year-over-year?
- VICI Properties (VICI) capital expenditures changed -82.3% year-over-year on the latest annual filing.
What is the long-term growth rate of VICI Properties capital expenditures?
- VICI Properties (VICI) capital expenditures compound annual growth rate is -13.6% over the most recent 5 years available.
When did VICI Properties capital expenditures hit its highest annual value?
- VICI Properties capital expenditures reached its highest annual value of $7.53M in 2024.
What was VICI Properties capital expenditures in 2024?
- VICI Properties (VICI) capital expenditures in 2024 was $7.53M.
What was VICI Properties capital expenditures in 2025?
- VICI Properties (VICI) capital expenditures in 2025 was $1.33M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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