VICI Properties Inc. VICI NYSE

VICI Properties Inc. (VICI) generated $2.51B in operating cash flow for fiscal year 2025. After capital expenditures of $1.34M, free cash flow was $2.51B.

Free cash flow margin was 62.6% of revenue. Cash conversion ratio was 0.9x, suggesting some earnings are non-cash.

The company returned $1.85B in dividends to shareholders during the period.

Criteria supported by this page:

• HEALTH (83/100, Pass) — demonstrate the company can comfortably service its debt
• MOAT (80/100, Pass) — $2.51B (62.6% FCF margin) supports a durable competitive advantage
• INCOME (100/100) — Cash conversion ratio was 0.9x suggests some earnings are non-cash items

Overall SharesGrow Score: 82/100 with 6/7 criteria passed.