---
title: VICI Properties (VICI) — REIT card
canonical: https://sweetvaluelab.com/tools/reits/vici
ticker: VICI
property_type: Net lease
as_of: 2026-10-16
---
# VICI Properties (VICI) — REIT card

VICI Properties, a net lease REIT, trades at 10.0× trailing Cash FFO with a 7.7% dividend yield, 76.7% of Cash FFO; net debt is 4.8× EBITDA. Prices as of Oct 16, 2026; trailing-twelve-month figures through Jun 30, 2026.

## The card

| Figure | VICI | Net lease average (2) |
| --- | ---: | ---: |
| Price | $23.60 |  |
| Cash FFO (TTM) | $2.6B |  |
| Cash FFO per share | $2.36 |  |
| P/Cash FFO | 10.0× | 12.5× |
| P/E | 9.1 |  |
| Dividend per share (TTM) | $1.81 |  |
| Dividend yield | 7.7% | 5.8% |
| Yield spread over the 10-year | 2.6% |  |
| Cash FFO payout | 76.7% | 72.2% |
| Cash FFO growth (YoY) | 2.1% | 1.6% |
| Cash FFO CAGR (3y) | 5.3% |  |
| Net debt / EBITDA | 4.8× | 7.3× |
| Interest cover | 4.3× | 3.7× |
| Debt / assets | 36.4% |  |
| EBITDA margin | 88.9% | 66.7% |
| Market value | $25.7B |  |
| Enterprise value | $43.3B |  |

## Lights

No light is on.

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Source: https://sweetvaluelab.com/tools/reits/vici (SweetValueLab, free, no account). Quarterly statements from Financial Modeling Prep, closes from the daily price cache; the engine's rules are on the board page. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.