VICI PROPERTIES INC.

Real Estate Investment Trusts·NEW YORK, NY·FY end 12/31·CIK 1705696

CEO Pay Ratio

30:1

Edward B. Pitoniak

CEO Total Comp

$14.0M

Edward B. Pitoniak

Median Employee

$468,119

Revenue

$4.0B

FY 2025

Net Income

$2.8B

FY 2025

Free Cash Flow

—

FY 2025

Net Margin

69.3%

Insider Net (180d)

0 buys / 0 sales

CEO Pay Accountability

CEO comp as % of net income

0.50%

For every $1,000 of profit, $5.05 flows to the CEO.

CEO comp as % of buybacks

—

No buyback data for the most recent fiscal year.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$4.0B	$3.8B	$3.6B	$2.6B	$1.5B
Gross Profit	—	—	—	—	—	—
Operating Income	—	—	—	—	—	—
Net Income	$2.8B	$2.7B	$2.5B	$1.1B	$1.0B
Operating CF	$2.5B	$2.4B	$2.2B	$1.9B	$896.4M
Capex	—	—	—	—	—	—
Free Cash Flow	—	—	—	—	—	—
Buybacks	—	—	—	—	—	—
Dividends	—	—	—	—	—	—

Gross Margin	—	—	—	—	—	—
Operating Margin	—	—	—	—	—	—
Net Margin	69.3%	69.6%	69.6%	43.0%	67.2%
FCF Margin	—	—	—	—	—	—
R&D / Revenue	—	—	—	—	—	—
Effective Tax	0.1%	0.4%	-0.2%	0.3%	0.3%
Debt / Equity	0.60	0.63	0.66	0.63	0.39
Buybacks / FCF	—	—	—	—	—	—

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Edward B. PitoniakChief Executive Officer	$1.0M	$8.5M	—	$4.5M	$28.3K	$14.0M
John W.R. PaynePresident and Chief Operating Officer	$1.2M	$2.5M	—	$3.1M	$18.7K	$6.8M
David A. KieskeExecutive Vice President, Chief Financial Officer and Treasurer	$650.0K	$3.0M	—	$1.9M	$16.4K	$5.5M
Samantha S. GallagherExecutive Vice President, General Counsel and Secretary	$620.0K	$2.3M	—	$1.8M	$15.5K	$4.7M