Vici Properties (VICI) FY2021 results: revenue $1.5 billion, up 23.2% on the year
Vici Properties Inc. (VICI) reported revenue of $1.5 billion for fiscal 2021, the year ended 31 December 2021, up 23.2% on the year before. Net income was $1.0 billion, up 13.7%, and diluted earnings per share $1.76. The figures are the company's own, from the 10-K it filed with the SEC on 23 February 2022.
Revenue
$1.5 billion
+23.2% on the year
FY2017FY2021
Operating margin
n/a
26.2% a year earlier
FY2017FY2021
Net income
$1.0 billion
+13.7% on the year
FY2017FY2021
Diluted EPS
$1.76
+0.6% on the year
FY2017FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
896
884
682
+1.4%
Capital expenditure
2.5
2.8
2.7
-9.5%
Free cash flow
894
881
679
+1.5%
Free cash flow margin
59.2%
71.9%
75.9%
Cash from investing
41.4
-4,549
-1,361
Cash from financing
-514
2,879
1,183
Depreciation
3.1
3.7
3.8
-17.2%
Share-based compensation
9.4
7.4
5.2
+26.8%
Dividends paid
759
612
504
+23.9%
Dividend per share
$1.38
$1.25
$1.17
+10.0%
Diluted shares, weighted
577m
511m
439m
+12.9%
Shares outstanding at period end
629m
537m
461m
+17.2%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
12,108
9,416
7,965
+28.6%
Non-controlling interest
78.9
77.9
83.8
+1.3%
Debt
4,695
6,766
4,792
-30.6%
Other liabilities
716
804
425
-11.0%
Total liabilities and equity
17,597
17,064
13,266
+3.1%
Fixed assets
68.5
69.2
70.4
-1.0%
Investments
0.0
20.0
59.5
Loans
n/a
537
n/a
Cash and equivalents
740
316
1,102
+134.1%
Other assets
16,789
16,122
12,034
+4.1%
Total assets
17,597
17,064
13,266
+3.1%
10-K for the year ended 31 December 2021, filed 23 February 2022: the filing.