---
schema_version: "secwatch.filing_event.v1"
accession: "0001705696-24-000032"
form_type: "8-K"
ticker: "VICI"
cik: "0001705696"
company_name: "VICI PROPERTIES INC."
filed_at: "2024-02-22T23:59:59+00:00"
generated_at: "2026-06-05T19:42:12.868664+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# VICI Q4 revenue +21% to $932M, AFFO +17% to $570M; guides FY2024 AFFO growth high-end of REITs

## Summary
- Q4 total revenues $931.9M (+21% YoY); net income $747.8M (+23.8% YoY); AFFO $570.4M (+17% YoY); AFFO per share $0.55 (+8.8% YoY).
- Full year 2023 total revenues $3.6B (+38.9% YoY); net income $2.5B (+124.9% YoY); AFFO $2.2B (+29.1% YoY); AFFO per share $2.15 (+11.8% YoY).
- Deployed ~$1.8B in 2023 at 7.7% blended yield; acquisitions include Bowlero (38 centers, $432.9M) and Chelsea Piers ($342.9M).
- Quarterly dividend raised 6.4% to $0.415/share, sixth consecutive annual increase.
- Established FY2024 AFFO guidance; expects growth on high end of S&P 500 REIT averages.

## SEC filing metadata
- accession: 0001705696-24-000032
- form_type: 8-K
- ticker: VICI
- cik: 0001705696
- company_name: VICI PROPERTIES INC.
- filed_at: 2024-02-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1705696/000170569624000032/0001705696-24-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1705696/000170569624000032/vici-20240222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001705696-24-000032
- JSON: https://secwatch.observer/filing/0001705696-24-000032.json
- Plain text: https://secwatch.observer/filing/0001705696-24-000032.txt

## Key facts
- Earnings Releases
  VICI PROPERTIES INC. reported the quarter and year ended December 31, 2023 results: revenue $931.9 million, net income $747.8 million, EPS $0.72.
  - Period: the quarter and year ended December 31, 2023
  - Revenue: $931.9 million
  - Net income: $747.8 million
  - EPS: $0.72
  - Result: reported results
  source text: herein are on a per diluted share basis unless otherwise stated. Fourth Quarter 2023 Financial and Operating Highlights • Total revenues increased 21.0% year-over-year to $931.9 million • Net income attributable to common stockholders increased 23.8% year-over-year to $747.8 million and, on a per share basis, increased 15.1% year-over-year to $0.72 • AFFO
  evidence_url: https://www.sec.gov/Archives/edgar/data/1705696/000170569624000032/0001705696-24-000032-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.