VICI Properties Inc
NYSE:VICI

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VICI Properties Inc
NYSE:VICI
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Price: 28.79 USD 1.84% Market Closed
Market Cap: 30.3B USD
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VICI Properties Inc
Operating Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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VICI Properties Inc
Operating Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Operating Income CAGR 3Y CAGR 5Y CAGR 10Y
VICI Properties Inc
NYSE:VICI
Operating Income
$3.7B
CAGR 3-Years
36%
CAGR 5-Years
35%
CAGR 10-Years
N/A
Public Storage
NYSE:PSA
Operating Income
$2.2B
CAGR 3-Years
11%
CAGR 5-Years
9%
CAGR 10-Years
8%
American Tower Corp
NYSE:AMT
Operating Income
$4.5B
CAGR 3-Years
8%
CAGR 5-Years
12%
CAGR 10-Years
12%
Crown Castle International Corp
NYSE:CCI
Operating Income
$2.3B
CAGR 3-Years
1%
CAGR 5-Years
8%
CAGR 10-Years
9%
Digital Realty Trust Inc
NYSE:DLR
Operating Income
$583.9m
CAGR 3-Years
-9%
CAGR 5-Years
-1%
CAGR 10-Years
4%
Equinix Inc
NASDAQ:EQIX
Operating Income
$1.6B
CAGR 3-Years
12%
CAGR 5-Years
6%
CAGR 10-Years
12%
No Stocks Found

VICI Properties Inc
Glance View

Market Cap
30.1B USD
Industry
Real Estate
Economic Moat
None

VICI Properties Inc. presents a unique narrative in the world of real estate investment, with its origins rooted in the dynamic gaming and entertainment industry. Spun off from Caesars Entertainment Corporation in 2017, VICI has rapidly grown to become one of the largest owners of gaming, hospitality, and entertainment destinations in the United States. The company operates as a real estate investment trust (REIT), which means it generates income primarily through leasing its expansive portfolio of properties to major gaming and entertainment operators. This model allows VICI to collect stable and predictable rental revenues, underpinned by long-term triple-net lease agreements, which essentially place the responsibility of property expenses—such as maintenance, insurance, and property taxes—on the tenants. This structure not only guarantees steady cash flows for VICI but also reduces its exposure to operational volatility. VICI's portfolio is not just notable for its scale but also for its strategic locations and iconic assets. The company owns a variety of famous properties, including Caesars Palace in Las Vegas, which are often situated in key tourist and entertainment hubs. These high-demand locations ensure a robust tenant occupancy rate and leverage VICI's leverage in negotiating favorable lease terms. Moreover, VICI capitalizes on opportunities to expand and diversify its portfolio by acquiring properties with strong economic moats, further solidifying its market position. Its growth strategy encompasses both organic expansion through property enhancements and strategic acquisitions fueled by partnerships and joint ventures. In this way, VICI Properties continues to bridge the exciting world of entertainment with the stability of real estate investment, maintaining a solid footing in a niche market characterized by enduring consumer appeal.

VICI Intrinsic Value
43.49 USD
Undervaluation 34%
Intrinsic Value
Price

See Also

What is VICI Properties Inc's Operating Income?
Operating Income
3.7B USD

Based on the financial report for Sep 30, 2024, VICI Properties Inc's Operating Income amounts to 3.7B USD.

What is VICI Properties Inc's Operating Income growth rate?
Operating Income CAGR 5Y
35%

Over the last year, the Operating Income growth was 16%. The average annual Operating Income growth rates for VICI Properties Inc have been 36% over the past three years , 35% over the past five years .

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