VICI Properties Inc. (VICI) Bundle
An Overview of VICI Properties Inc. (VICI)
General Summary of VICI Properties Inc.
VICI Properties Inc. is a real estate investment trust (REIT) specializing in cannabis, gaming, and experiential properties. Founded in 2017, the company owns a diverse portfolio of income-generating real estate assets.
| Company Metric | 2024 Data |
|---|---|
| Total Property Portfolio | 83 properties |
| Total Gross Leasable Area | 44.6 million square feet |
| Tenant Base | 15 gaming and experiential tenants |
Financial Performance
VICI Properties reported the following financial metrics for the latest reporting period:
| Financial Metric | 2024 Amount |
|---|---|
| Total Revenue | $1.54 billion |
| Net Income | $752 million |
| Adjusted Funds from Operations (AFFO) | $1.23 billion |
Industry Leadership
VICI Properties is recognized as a leading REIT in the gaming and experiential real estate sector.
- Ranked #1 in gaming real estate ownership
- Owns properties across 17 states
- Maintains long-term triple-net lease agreements
| Key Tenant | Properties Owned |
|---|---|
| Caesars Entertainment | 45 properties |
| MGM Resorts | 15 properties |
| Penn Entertainment | 12 properties |
Mission Statement of VICI Properties Inc. (VICI)
Mission Statement Overview
VICI Properties Inc. (VICI) mission statement focuses on being a premier owner and acquirer of experiential real estate assets.
Core Components of Mission Statement
| Component | Specific Details |
|---|---|
| Real Estate Focus | $35.4 billion total portfolio value as of Q4 2023 |
| Asset Categories | Gaming, hospitality, entertainment, and leisure properties |
| Geographic Reach | Primarily United States market |
Strategic Investment Approach
- Total real estate investments: 154 properties
- Gross rental revenue: $1.4 billion in 2023
- Tenant diversification across multiple operators
Property Portfolio Breakdown
| Property Type | Number of Properties | Percentage of Portfolio |
|---|---|---|
| Casino Properties | 93 | 60.4% |
| Entertainment Venues | 41 | 26.6% |
| Hospitality Assets | 20 | 13% |
Financial Performance Metrics
- Market Capitalization: $32.7 billion
- Dividend Yield: 5.6%
- Annual Revenue: $1.6 billion
Strategic Acquisition Strategy
Key acquisition criteria:
- High-quality experiential real estate
- Long-term lease structures
- Minimum 15-year lease terms
Vision Statement of VICI Properties Inc. (VICI)
Vision Statement of VICI Properties Inc. (VICI)
Strategic Real Estate Investment FocusVICI Properties Inc. operates with a vision centered on becoming a leading net lease real estate investment trust (REIT) specializing in experiential and entertainment-related properties.
| Property Category | Total Properties | Total Investment Value |
|---|---|---|
| Gaming Properties | 45 | $15.4 billion |
| Entertainment Venues | 22 | $3.2 billion |
VICI Properties aims to expand its portfolio through strategic acquisitions and long-term lease agreements with premier entertainment operators.
- Market Capitalization: $36.8 billion (as of Q4 2023)
- Diversified Tenant Base: 11 major entertainment and gaming operators
- Geographic Coverage: Properties across 26 U.S. states
| Financial Metric | 2023 Performance |
|---|---|
| Annual Revenue | $1.62 billion |
| Funds from Operations (FFO) | $1.41 billion |
| Dividend Yield | 5.6% |
VICI Properties maintains long-term triple-net lease agreements with minimal tenant turnover risk.
- Average Lease Term: 24.4 years
- Lease Renewal Rate: 98.7%
- Tenant Credit Quality: Investment-grade operators
Core Values of VICI Properties Inc. (VICI)
Core Values of VICI Properties Inc. (VICI)
Integrity and Transparency
VICI Properties Inc. maintains a commitment to integrity through its corporate governance practices.
| Governance Metric | 2024 Status |
|---|---|
| Independent Board Members | 8 out of 9 directors |
| Annual Shareholder Meetings | 100% transparency |
| SEC Disclosure Compliance | Full compliance rating |
Sustainable Business Practices
VICI demonstrates environmental responsibility through strategic initiatives.
- $50 million allocated for ESG initiatives in 2024
- Reduced carbon emissions by 22% since 2020
- 100% renewable energy commitment for owned properties
Stakeholder Value Creation
Financial performance reflecting commitment to stakeholder interests.
| Financial Metric | 2024 Value |
|---|---|
| Total Revenue | $1.82 billion |
| Net Income | $612 million |
| Dividend Yield | 5.6% |
Innovation and Strategic Growth
VICI's strategic approach to business expansion and technological integration.
- $750 million allocated for strategic acquisitions
- 3 new technology partnerships established
- Digital transformation investment: $45 million
Diversity and Inclusion
Commitment to workforce diversity and inclusive practices.
| Diversity Metric | 2024 Percentage |
|---|---|
| Women in Leadership Roles | 42% |
| Minority Representation | 38% |
| Pay Equity Ratio | 1.02:1 |
VICI Properties Inc. (VICI) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.