GROWTH
Top line decelerating.
+4.1% YoY versus +6.6% prior. 3y CAGR +15.5%.
+4.1%
VICI Properties Inc. VICI
Real Estate · Market Cap: $30.7B
$26.28▼ 0.95 (3.49%)
Fundamentals as of 2025-12-31
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Real Estate · Market Cap: $30.7B
Fundamentals as of 2025-12-31
All analysis on this page is for educational purposes only and does not constitute financial advice. Fair values are model-based estimates. Always do your own research.
Bottom line: VICI is rated BUY by 1 of 2 legendary models, with 1 holding and 0 flagging it overvalued, but earns a B sector grade (69/100) in Real Estate. Whether the premium is justified depends on which lens you trust. Drill into the valuation breakdown and sector ranking for the full picture.
The Question
1 of 2 legendary models say BUY VICI — but Howard Marks disagrees.
What would legendary investors pay for VICI?
These figures are not quotes or opinions from Buffett, Graham, Lynch or the other investors. They are our own estimates, computed by applying the intrinsic-value formulas each investor is known for to this company’s financials.
For educational purposes only. Not a recommendation to buy or sell securities.
Concerns — VICI Properties Inc.'s 10.0% ROE is below sector median.
Financial story
Concerns — VICI Properties Inc.'s 10.0% ROE and 0.67 debt-to-equity warrant a closer look at the underlying business.
How does VICI compare?
See exactly where VICI ranks
Sign in to unlock the full sector ranking — free.
Sign in to see the rankingVICI sits at #1 in Real Estate with a B grade (69/100).
VICI trades at 10.6x earnings. Sector context and per-investor signals are in the valuation tab.
VICI and IRM differ on P/E, ROE, and revenue growth. See the full VICI vs IRM compare matrix.
Lynch and Marks evaluate VICI against their respective frameworks. Per-model fair value and reasoning are in the valuation tab.
VICI's P/E ratio is 10.6x. 5-year P/E history is in the financials tab.
1 of 2 legendary models say BUY. Full breakdown by investor and signal is in the valuation tab.
VICI's earnings calendar and history are tracked in the financials tab. Specific dates depend on company-published guidance.
