# Vici Properties Returns

NYSE: VICI · Reporting currency: USD

[Interactive page](https://beanvest.com/stock/vici/returns) · [JSON with these options](https://beanvest.com/stock/vici/returns.json?range=5Y&deductSbc=false&limit=200&offset=0&frequency=quarterly&wacc=7.7) · [Raw filing inputs](https://beanvest.com/api/v2/financials/vici)

Frequency: quarterly. Newest first. Retrieved: 2026-09-28T18:23:16.063Z.
Coverage: 2018-03-31 to 2026-06-30. Rows 1–34 of 34.
Snapshot checked: 2026-10-18T16:48:35.628Z. Last validated: 2026-10-18T16:48:35.628Z.

## Definitions

- **ROIC** (`roic`, percent): NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- **ROCE** (`roce`, percent): Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- **ROIIC** (`roiic`, percent): Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- **ROE** (`roe`, percent): Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- **ROA** (`roa`, percent): Net income / average total assets × 100, using period end and one year earlier.
- **ROIC − WACC** (`roic_wacc`, percentage_points): ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.

## Values

| Period | End date | ROIC (percent) | ROCE (percent) | ROIIC (percent) | ROE (percent) | ROA (percent) | ROIC − WACC (percentage_points) |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 2026-Q2 | 2026-06-30 | Unavailable | Unavailable | Unavailable | 9.843253516314562 | 5.864216008433712 | Unavailable |
| 2026-Q1 | 2026-03-31 | Unavailable | Unavailable | Unavailable | 11.329924755038622 | 6.703560468308313 | Unavailable |
| 2025-Q4 | 2025-12-31 | Unavailable | Unavailable | Unavailable | 10.216113396752165 | 6.027580261489273 | Unavailable |
| 2025-Q3 | 2025-09-30 | Unavailable | Unavailable | Unavailable | 10.357259678337497 | 6.091196983452195 | Unavailable |
| 2025-Q2 | 2025-06-30 | Unavailable | Unavailable | Unavailable | 10.451282130426799 | 6.0866111450909 | Unavailable |
| 2025-Q1 | 2025-03-31 | Unavailable | Unavailable | Unavailable | 10.119949846986946 | 5.870395720919343 | Unavailable |
| 2024-Q4 | 2024-12-31 | Unavailable | Unavailable | Unavailable | 10.344116678173172 | 5.9909348423300095 | Unavailable |
| 2024-Q3 | 2024-09-30 | Unavailable | Unavailable | Unavailable | 11.186137707778295 | 6.409063996452204 | Unavailable |
| 2024-Q2 | 2024-06-30 | Unavailable | Unavailable | Unavailable | 10.662014258061578 | 6.0750564821915995 | Unavailable |
| 2024-Q1 | 2024-03-31 | Unavailable | Unavailable | Unavailable | 10.609581277537876 | 6.010453166249598 | Unavailable |
| 2023-Q4 | 2023-12-31 | Unavailable | Unavailable | Unavailable | 10.652947702339635 | 6.157945644028364 | Unavailable |
| 2023-Q3 | 2023-09-30 | Unavailable | Unavailable | Unavailable | 10.331763616978746 | 5.914200464683543 | Unavailable |
| 2023-Q2 | 2023-06-30 | Unavailable | Unavailable | Unavailable | 9.430242961564195 | 5.392015750801168 | Unavailable |
| 2023-Q1 | 2023-03-31 | Unavailable | Unavailable | Unavailable | 7.21146161977175 | 4.390316880484605 | Unavailable |
| 2022-Q4 | 2022-12-31 | Unavailable | Unavailable | Unavailable | 6.566230650135473 | 4.051369216419733 | Unavailable |
| 2022-Q3 | 2022-09-30 | Unavailable | Unavailable | Unavailable | 4.71012082280623 | 2.898678752342508 | Unavailable |
| 2022-Q2 | 2022-06-30 | Unavailable | Unavailable | Unavailable | 3.9849475163764865 | 2.296944353811722 | Unavailable |
| 2022-Q1 | 2022-03-31 | Unavailable | Unavailable | Unavailable | 7.898769477318217 | 5.070956759695137 | Unavailable |
| 2021-Q4 | 2021-12-31 | Unavailable | Unavailable | Unavailable | 9.420609180208963 | 5.850099013340243 | Unavailable |
| 2021-Q3 | 2021-09-30 | Unavailable | Unavailable | Unavailable | 9.562160764086723 | 5.932344153889721 | Unavailable |
| 2021-Q2 | 2021-06-30 | Unavailable | Unavailable | Unavailable | 13.478125930995699 | 7.503878983014153 | Unavailable |
| 2021-Q1 | 2021-03-31 | Unavailable | Unavailable | Unavailable | 13.813542628762882 | 7.411096962529696 | Unavailable |
| 2020-Q4 | 2020-12-31 | 2.317182829133743 | Unavailable | -12.348182236950915 | 10.260317258674432 | 5.879964253628314 | -5.382817170866257 |
| 2020-Q3 | 2020-09-30 | 5.490941365531595 | Unavailable | -1.117914685495273 | 8.127338702337255 | 4.772112508228775 | -2.2090586344684056 |
| 2020-Q2 | 2020-06-30 | 6.596241405922679 | Unavailable | 1.4043615115725898 | 5.281705339668468 | 3.1143123812486806 | -1.1037585940773216 |
| 2020-Q1 | 2020-03-31 | 5.879321284298285 | Unavailable | -1.2279178360787288 | 5.081919092968994 | 2.8160922244156184 | -1.8206787157017148 |
| 2019-Q4 | 2019-12-31 | 7.572241480065217 | Unavailable | 6.495883801358457 | 7.386560120011105 | 4.438914496763627 | -0.12775851993478327 |
| 2019-Q3 | 2019-09-30 | 7.363366842105588 | Unavailable | Unavailable | 8.35863541494115 | 5.096110936140859 | -0.33663315789441217 |
| 2019-Q2 | 2019-06-30 | 7.7053948696759385 | Unavailable | Unavailable | 8.173559592866946 | 4.984253088210904 | 0.005394869675938274 |
| 2019-Q1 | 2019-03-31 | 7.71434357962052 | Unavailable | Unavailable | 8.642057744908646 | 5.127406494943449 | 0.014343579620519797 |
| 2018-Q4 | 2018-12-31 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| 2018-Q3 | 2018-09-30 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| 2018-Q2 | 2018-06-30 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| 2018-Q1 | 2018-03-31 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |

## Unavailable values

- roic: Operating income is unavailable in the extracted statements for this period.
- roce: Operating income is unavailable in the extracted statements for this period.
- roiic: Operating income is unavailable in the extracted statements for this period.
- roic_wacc: Operating income is unavailable in the extracted statements for this period.
- roiic: NOPAT is undefined under this method: pretax profit must be positive and the effective tax rate must be between 0 and 100%.
- roic: NOPAT is undefined under this method: pretax profit must be positive and the effective tax rate must be between 0 and 100%.
- roic_wacc: NOPAT is undefined under this method: pretax profit must be positive and the effective tax rate must be between 0 and 100%.
- roce: The reported inputs required for this metric are unavailable in the extracted statements for this period.
- roiic: The reported inputs required for this metric are unavailable in the extracted statements for this period.
- roic: The matching period one year earlier is unavailable.
- roce: The matching period one year earlier is unavailable.
- roiic: The matching period one year earlier is unavailable.
- roe: The matching period one year earlier is unavailable.
- roa: The matching period one year earlier is unavailable.
- roic_wacc: The matching period one year earlier is unavailable.
- roic: A complete trailing 12-month reporting basis is unavailable.
- roce: A complete trailing 12-month reporting basis is unavailable.
- roiic: A complete trailing 12-month reporting basis is unavailable.
- roe: A complete trailing 12-month reporting basis is unavailable.
- roa: A complete trailing 12-month reporting basis is unavailable.
- roic_wacc: A complete trailing 12-month reporting basis is unavailable.

WACC scenario: 7.7%. Default: 7.7% (US nonfinancial market · generic proxy). [NYU Stern · January 2026](https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/wacc.html).

## Sources

- [sec-0001705696-727b9deefa4d](https://data.sec.gov/api/xbrl/companyfacts/CIK0001705696.json) · Retrieved 2026-09-28T07:37:41.538Z · SHA-256 727b9deefa4d1c7624e67a63513772256cb9440b18d538210726698b7c8e824a
- [inline-0001705696-03fa56eed6c5](https://www.sec.gov/Archives/edgar/data/1705696/000170569626000034/vici-20251231.htm) · Retrieved 2026-09-28T16:19:16.545Z · SHA-256 03fa56eed6c5d89d707f7b4a528346f31d693142c1594e9cea0ba34c1c760362
- [inline-0001705696-fea03e8c1a53](https://www.sec.gov/Archives/edgar/data/1705696/000170569626000090/vici-20260630.htm) · Retrieved 2026-09-28T16:19:16.545Z · SHA-256 fea03e8c1a536c3720f6e2952bd93fab53e3cf81b3b652d6faa5fb3032e379f4
- [inline-0001705696-e31f84c55aa3](https://www.sec.gov/Archives/edgar/data/1705696/000170569624000033/vici-20231231.htm) · Retrieved 2026-10-17T11:15:18.429Z · SHA-256 e31f84c55aa3373c461cbb53e3f1c6abaf62e7ecbfa868439fa31c83646a875a
- [inline-0001705696-d631e2d47eaa](https://www.sec.gov/Archives/edgar/data/1705696/000170569626000034/vici-20251231.htm) · Retrieved 2026-10-18T00:24:27.026Z · SHA-256 d631e2d47eaac17377e896c18cd9ebc5637df2d4358c2c7c50964ab1be2644ae
- [inline-0001705696-ebd6bf4254b0](https://www.sec.gov/Archives/edgar/data/1705696/000170569624000033/vici-20231231.htm) · Retrieved 2026-10-18T12:30:20.254Z · SHA-256 ebd6bf4254b014da86b73f53895bf840411c8a826a55367097bef5c92d582abb

## Data conventions

- Null means an unavailable input or undefined calculation, never zero. Values are unrounded; money and shares are in millions unless a column states otherwise.
- Fiscal periods use actual reporting start/end dates. Annual reported values are not constructed by adding quarterly EPS or weighted share counts. Partial years are labelled.
- FCF uses operating cash flow minus reported cash capital investment, preferring PPE purchases. The productive-assets fallback can also include software and intangibles. Acquisitions and noncash leases are excluded. Deduct SBC is an optional economic-cost scenario; missing SBC remains unavailable.
- SBC / FCF and SBC / OCF compare amounts from the same fiscal period. SBC / FCF always uses FCF before SBC deduction; nonpositive denominators are undefined and values above 100% remain valid.
- Capital allocation percentages describe available tracked cash uses, not all company spending or a fraction of OCF. Missing categories remain null, negative payments are excluded and SBC is noncash. Annual shares use reported annual amounts.
- Valuation uses completed, split-adjusted closes without dividend adjustment and a complete trailing year. Financial bases become eligible after publication; selected facts can contain later restatements. This is not a vintage-filings backtest.
- Mean and median use all valid observations in the selected date range before pagination. Historical pricing labels compare the latest positive value with its own median and do not estimate intrinsic fair value.
- Reporting currencies are retained without conversion. USD market capitalization, where available, is a separate dated Nasdaq snapshot.
- WACC is an editable US industry scenario across history, not a historical company cost of capital. Industry exclusions, missing inputs and pending filings remain explicit.
