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Vici Properties cash flow statement

In fiscal 2025, Vici Properties's operations generated $2.51bn of cash; it spent $1.3m on capital projects, leaving free cash flow of $2.51bn. It returned $1.85bn in dividends.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Cash from operations—5046828848961,9432,1812,3812,5102,707
Depreciation and amortisation1444334444
Stock-based pay—25791316181618
Capital spending—133324814
Free cash flow—5036798818941,9422,1772,3742,5092,703
Free cash flow after stock pay—5016748738841,9292,1612,3562,4922,685
Dividends paid—2635046127591,2191,5841,7531,8531,938
Shares issued—2,0011,1641,5402,3863,2192,480379375—

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from Vici Properties's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Vici Properties.