How VICI Properties (VICI) Makes Money: A Visual Guide
VICI Properties (VICI) generated $4.01B in revenue (TTM through Q4 2025), earning $2.78B in net profit (69.1% margin). Below is an interactive breakdown of how revenue flows through the income statement.
VICI Properties (VICI) Income Statement Flow
Frequently asked questions
How much revenue does VICI Properties (VICI) generate?
- VICI Properties (VICI) generated $4.01B in total revenue for TTM through Q4 2025 with a net profit margin of 69.1%.
What is VICI Properties (VICI) gross profit margin?
- VICI Properties (VICI) reported a gross profit margin of 99.3% for TTM through Q4 2025, equivalent to $3.98B in gross profit. This means VICI Properties retains 99.3% of each revenue unit after direct costs of production.
What is VICI Properties (VICI) operating profit margin?
- VICI Properties (VICI) reported an operating profit margin of 91.1% for TTM through Q4 2025, equivalent to $3.66B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is VICI Properties (VICI) net profit margin?
- VICI Properties (VICI) reported a net profit margin of 69.1% for TTM through Q4 2025, equivalent to $2.78B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does VICI Properties (VICI) spend on capital expenditures?
- VICI Properties (VICI) spent $1.96M on capital expenditures in TTM through Q4 2025 (0.0% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is VICI Properties (VICI) free cash flow?
- VICI Properties (VICI) generated $2.51B in free cash flow for TTM through Q4 2025 (62.5% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What is VICI Properties (VICI) effective tax rate?
- VICI Properties (VICI) had an effective tax rate of 0.1% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.
About this data
- What is a Sankey diagram?
- A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
- How is the data calculated?
- We use the income statement from company filings. For TTM (Trailing Twelve Months), we sum the last four quarters. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
- When was this data last updated?
- Based on company filings through TTM through Q4 2025.