Gross Profit for VICI Properties (VICI)
According to VICI Properties's latest reported financial statements, the company's current gross profit (TTM) is $3.98B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
VICI
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$3.98B
YoY change
+3.9%
5Y CAGR
+27.2%
Peak year (2025)
$3.97B
Cumulative gross profit
$18.50B
Gross Profit history chart for VICI Properties (VICI) from 2014 to 2025
Gross Profit history table for VICI Properties (VICI) from 2014 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $3.97B | +3.9% | ||
| 2024 | $3.82B | +6.6% | ||
| 2023 | $3.58B | +39.1% | ||
| 2022 | $2.58B | +73.2% | ||
| 2021 | $1.49B | +24.9% | ||
| 2020 | $1.19B | +36.1% | ||
| 2019 | $875.90M | +9.7% | ||
| 2018 | $798.80M | +376.4% | ||
| 2017 | $167.67M | +3222.8% | ||
| 2016 | $5.05M | +8.3% | ||
| 2015 | $4.66M | -3.7% | ||
| 2014 | $4.84M | — |
Gross Profit values are taken from VICI Properties's reported income 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
In 2025, VICI Properties (VICI) gross profit totalled $3.97B – edged up 3.9% year-over-year.
Over 2020–2025 (5 years), VICI Properties gross profit expanded at a +27.2% compound annual rate, sustaining 10 straight years of year-over-year growth.
The highest annual gross profit of $3.97B was reported in 2025. The lowest in the available history was $4.66M in 2015.
Within Real Estate, VICI Properties (VICI) ranks 7th among 8 peers we track. The peer median for gross profit is $4.96B.
VICI Properties Gross Profit by Year
VICI Properties Gross Profit 2025: $3.97B
VICI Properties gross profit in 2025 was $3.97B, edged up 3.9% from 2024. This figure represents the highest annual value in the available history.
VICI Properties Gross Profit 2024: $3.82B
VICI Properties gross profit in 2024 was $3.82B, grew 6.6% from 2023.
VICI Properties Gross Profit 2023: $3.58B
VICI Properties gross profit in 2023 was $3.58B, surged 39.1% from 2022.
VICI Properties Gross Profit 2022: $2.58B
VICI Properties gross profit in 2022 was $2.58B, surged 73.2% from 2021.
VICI Properties Gross Profit 2021: $1.49B
VICI Properties gross profit in 2021 was $1.49B.
See more financial history for VICI Properties (VICI).
Sector peers — Gross Profit
Companies in the same sector as VICI Properties, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| American Tower Corporation (AMT) | $7.84B | Real Estate |
| Simon Property Group, Inc. (SPG) | $5.46B | Real Estate |
| Prologis, Inc. (PLD) | $5.24B | Real Estate |
| Realty Income Corporation (O) | $5.16B | Real Estate |
| Equinix, Inc. (EQIX) | $4.75B | Real Estate |
| Welltower Inc. (WELL) | $4.18B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $3.39B | Real Estate |
| Public Storage (PSA) | $1.20B | Real Estate |
Frequently asked questions
What is VICI Properties's gross profit?
- Latest reported gross profit for VICI Properties (VICI) is $3.98B (period ending December 31, 2025).
How has VICI Properties gross profit changed year-over-year?
- VICI Properties (VICI) gross profit changed +3.9% year-over-year on the latest annual filing.
What is the long-term growth rate of VICI Properties gross profit?
- VICI Properties (VICI) gross profit compound annual growth rate is +27.2% over the most recent 5 years available.
When did VICI Properties gross profit hit its highest annual value?
- VICI Properties gross profit reached its highest annual value of $3.97B in 2025.
What was VICI Properties gross profit in 2024?
- VICI Properties (VICI) gross profit in 2024 was $3.82B.
What was VICI Properties gross profit in 2025?
- VICI Properties (VICI) gross profit in 2025 was $3.97B.
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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