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VICI Properties Inc. (VICI) FCF Payout Ratio: 74.24%

Is VICI Properties Inc.’s FCF payout ratio high or low?

VICI Properties Inc.'s FCF payout ratio of 74.24% is in line with its 5-year average of 72.94%, around the middle of its 5-year range (62.79%–84.89%).

0.51% above its 12-month average of 73.86%.

VICI FCF Payout Ratio Chart

VICI FCF Payout Ratio
73.88%+0.06% 1Y
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VICI Average FCF Payout Ratio Chart

VICI Current vs Average FCF Payout Ratio Chart

VICI FCF Payout Ratio Metrics

FCF PAYOUT RATIO

74.24%

FCF PAYOUT RATIO AVG TTM

73.86%

FCF PAYOUT RATIO AVG 3Y

70.82%

FCF PAYOUT RATIO AVG 5Y

72.94%

FCF PAYOUT RATIO AVG 10Y

70.50%

FCF PAYOUT RATIO AVG 15Y

70.50%

FCF PAYOUT RATIO AVG 20Y

70.50%

CURRENT VS TTM AVG

+0.51%

CURRENT VS 3Y AVG

+4.83%

CURRENT VS 5Y AVG

+1.78%

CURRENT VS 10Y AVG

+5.30%

CURRENT VS 15Y AVG

+5.30%

CURRENT VS 20Y AVG

+5.30%

Payout Ratio Comparison

FCF Payout Ratio

74.2%

Earnings Payout Ratio

68.3%

Dividend Yield

6.35%

FCF Yield

8.50%

Annual FCF Payout Ratio History

YearFree Cash FlowDividends PaidFCF Payout Ratio
2025$2.51B$1.85B73.9%
2024$2.37B$1.75B73.8%
2023$2.18B$1.58B72.8%
2022$1.94B$1.22B62.8%
2021$893.85M$758.79M84.9%
2020$880.87M$612.21M69.5%
2019$679.43M$503.96M74.2%
2018$503.18M$262.68M52.2%
2017$129.72M$00.0%
2016$1.85M$00.0%
2015$2.09M$00.0%
2014$3.06M$00.0%

Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100

FCF payout and earnings payout:

  • FCF represents operating cash flow after capital expenditures
  • FCF payout compares dividends paid with free cash flow
  • FCF payout above 100% means dividends paid exceeded free cash flow for the period
  • Earnings payout compares dividends paid with net income

Reading the series: Use the chart and table to compare dividend payments with cash generation over time.

VICI Properties Inc. FCF Payout Ratio Formula & Definition

FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

VICI Properties Inc. FCF Payout Ratio FAQ

What is the FCF payout ratio for VICI Properties Inc. (VICI)?
The FCF payout ratio for VICI stock is 74.24%.
Is VICI Properties Inc.'s FCF payout ratio high or low?
VICI Properties Inc.'s FCF payout ratio of 74.24% is in line with its 5-year average of 72.94%, around the middle of its 5-year range (62.79%–84.89%).
What is the TTM average FCF payout ratio for VICI Properties Inc. (VICI)?
The TTM average FCF payout ratio for VICI stock is 73.86%.
What is the 3Y average FCF payout ratio for VICI Properties Inc. (VICI)?
The 3Y average FCF payout ratio for VICI stock is 70.82%.
What is the 5Y average FCF payout ratio for VICI Properties Inc. (VICI)?
The 5Y average FCF payout ratio for VICI stock is 72.94%.
What is the 10Y average FCF payout ratio for VICI Properties Inc. (VICI)?
The 10Y average FCF payout ratio for VICI stock is 70.50%.
What is the 15Y average FCF payout ratio for VICI Properties Inc. (VICI)?
The 15Y average FCF payout ratio for VICI stock is 70.50%.
What is the 20Y average FCF payout ratio for VICI Properties Inc. (VICI)?
The 20Y average FCF payout ratio for VICI stock is 70.50%.

VICI Properties Inc. FCF Payout Ratio History

DATEFCF PAYOUT RATIO
2025-12-3173.88%
2024-12-3173.84%
2023-12-3172.75%
2022-12-3162.79%
2021-12-3184.89%
2020-12-3169.50%
2019-12-3174.17%
2018-12-3152.20%

About VICI Properties Inc.

VICI Properties functions as a specialized real estate investment trust dedicated to experiential properties. The company boasts an extensive collection of premier gaming, hospitality, and entertainment venues, notably including the globally recognized Caesars Palace. Its diverse and nationally distributed portfolio encompasses 29 gaming facilities, spanning over 48 million square feet. These sites collectively feature approximately 19,200 hotel rooms and more than 200 distinct dining, bar, and nightlife establishments. VICI's assets are leased to leading operators in the gaming and hospitality sectors, such as Caesars Entertainment, Century Casinos, Hard Rock International, JACK Entertainment, and Penn National Gaming. Beyond its core properties, VICI also holds four championship golf courses and possesses 34 acres of undeveloped land strategically located adjacent to the Las Vegas Strip. The company's fundamental objective is to cultivate the United States' most valuable and high-performing experiential real estate portfolio.

New York City, NY
27 employees
Real Estate / REIT - Specialty
Sector
Real Estate
Industry
REIT - Specialty
CEO
Edward Baltazar Pitoniak