Global Finance News
28 Feb 2026, 15:01
VICI Properties Inc. reported fourth-quarter 2025 revenue of $1.0 billion, up 3.8% year over year, while net income attributable to common stockholders declined 1.6% to $604.8 million, or $0.57 per share, reflecting the impact of a change in the CECL allowance. Adjusted Funds From Operations (AFFO) rose 6.8% to $642.5 million, or $0.60 per share.
For full-year 2025, revenue increased 4.1% to $4.0 billion, and net income grew 3.6% to $2.8 billion, or $2.61 per share. AFFO climbed 6.6% to $2.5 billion, or $2.38 per share. The company announced approximately $2.1 billion in capital commitments during 2025 at a weighted average initial yield of 8.9% and increased its annualized cash dividend by 4%, marking its eighth consecutive annual dividend increase since its 2018 IPO.
VICI ended the year with $563.5 million in cash and announced several strategic transactions, including a $1.16 billion agreement to acquire seven Nevada casino properties from Golden Entertainment and a new lease related to MGM Northfield Park. The company also established full-year 2026 guidance.
Source: VICI Properties, Business Wire
For full-year 2025, revenue increased 4.1% to $4.0 billion, and net income grew 3.6% to $2.8 billion, or $2.61 per share. AFFO climbed 6.6% to $2.5 billion, or $2.38 per share. The company announced approximately $2.1 billion in capital commitments during 2025 at a weighted average initial yield of 8.9% and increased its annualized cash dividend by 4%, marking its eighth consecutive annual dividend increase since its 2018 IPO.
VICI ended the year with $563.5 million in cash and announced several strategic transactions, including a $1.16 billion agreement to acquire seven Nevada casino properties from Golden Entertainment and a new lease related to MGM Northfield Park. The company also established full-year 2026 guidance.
Source: VICI Properties, Business Wire