VICI Properties (MEX:VICI) Debt-to-Equity: 0.61 (As of Jun. 2026) — Near Median

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MEX:VICI VICI Properties Inc MEX:VICI
63 GF Score
Price MXN448.25
GF Value MXN541.42
Valuation Modestly Undervalued
! 4 Warning Signs
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What is VICI Properties Debt-to-Equity?

VICI Properties MEX:VICI +0.06% 63 Debt-to-Equity is 0.61 as of Jun. 2026, which is 9% below its 10-year median of 0.67. GuruFocus rates MEX:VICI with a GF Score™ of 63/100 and a GF Value™ of MXN541.42 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 684 REITs companies, VICI Properties ranks better than 63.45% on this metric.

VICI Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was MXN0 Mil. VICI Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was MXN311,354 Mil. VICI Properties's Total Stockholders Equity for the quarter that ended in Jun. 2026 was MXN509,000 Mil. VICI Properties's debt to equity for the quarter that ended in Jun. 2026 was 0.61.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for VICI Properties's Debt-to-Equity or its related term are showing as below:

MEX:VICI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.38   Med: 0.67   Max: 1.02
Current: 0.61

During the past 12 years, the highest Debt-to-Equity Ratio of VICI Properties was 1.02. The lowest was 0.38. And the median was 0.67.

MEX:VICI's Debt-to-Equity is ranked better than
63.45% of 684 companies
in the REITs industry
Industry Median: 0.78 vs MEX:VICI: 0.61

VICI Properties  (MEX:VICI) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


VICI Properties Debt-to-Equity Related Terms


VICI Properties Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for VICI Properties's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

VICI Properties Debt-to-Equity Chart

VICI Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.66 0.70 0.67 0.64

VICI Properties Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.66 0.64 0.64 0.63 0.61

MEX:VICI vs WPC, BNL, GNL: Debt-to-Equity Comparison

For the REIT - Diversified subindustry, VICI Properties's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


VICI Properties Debt-to-Equity vs REITs Industry

For the REITs industry and Real Estate sector, VICI Properties's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where VICI Properties's Debt-to-Equity falls into.


MEX:VICI
63GF Score
VICI Properties Inc MEX:VICI
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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VICI Properties Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

VICI Properties's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

VICI Properties's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.61 mean?
VICI Properties (MEX:VICI) has a Debt-to-Equity of 0.61 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on VICI Properties and its competitors. This is near median its historical median of 0.67. Over the past decade, VICI Properties' Debt-to-Equity has ranged from 0.38 to 1.02. According to the industry distribution chart, VICI Properties ranks #250 out of 684 companies in the REITs industry, placing it in the top 36.5%.
Is VICI Properties' Debt-to-Equity too high?
VICI Properties' current Debt-to-Equity of 0.61 is near median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 1.02. The REITs industry median Debt-to-Equity is 0.78. VICI Properties' value of 0.61 is 21.8% below this industry median. Based on the distribution chart, VICI Properties ranks #250 out of 684 companies in the REITs industry, which is above the industry midpoint. Overall, VICI Properties has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VICI Properties' Debt-to-Equity compare to WPC and BNL?
According to the REITs industry distribution chart, VICI Properties ranks #250 out of 684 companies for Debt-to-Equity. This puts VICI Properties in the upper half of its industry. The industry median Debt-to-Equity is 0.78. VICI Properties' value of 0.61 is 21.8% below this benchmark. Historically, VICI Properties' own Debt-to-Equity has ranged from 0.38 to 1.02 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 0.78, VICI Properties has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a REITs company?
The median Debt-to-Equity among REITs companies is 0.78, based on 684 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. VICI Properties's current Debt-to-Equity of 0.61 is 21.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on VICI Properties and its competitors. For the REITs industry, the median Debt-to-Equity is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VICI Properties's current Debt-to-Equity is 0.61, which is near median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VICI Properties stock overvalued right now?
Based on GuruFocus' analysis, VICI Properties (MEX:VICI) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN541.42, compared to a current price of MXN448.25 — trading 17.2% below its estimated fair value. The current Debt-to-Equity is 0.61, which is near median its 10-year median of 0.67 and 21.8% below the REITs industry median of 0.78. VICI Properties' overall GF Score™ is 63/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For VICI Properties (MEX:VICI), the current Debt-to-Equity is 0.61 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is VICI Properties (MEX:VICI) Overvalued in 2026?

Based on GuruFocus' analysis, VICI Properties stock appears to be undervalued. The current stock price of MXN448.25 is trading 17.2% below its estimated GF Value™ of MXN541.42. GuruFocus considers VICI Properties to be Modestly Undervalued.

Key valuation signals for MEX:VICI:

  • Debt-to-Equity: 0.61 (near median its 10-year median of 0.67)
  • GF Value™: MXN541.42 vs. price of MXN448.25 (17.2% below fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 21.8% below the REITs median (#250 of 684)

No single metric tells the full story. See the MEX:VICI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VICI Properties Business Description

Industry Real EstateREITs
Other Exchanges VICI:USA1KN:Germany
Address 535 Madison Avenue, 20th Floor, New York, NY, USA, 10022
VICI Properties Inc is a real estate investment trust based in the United States. It engaged in the business of owning and acquiring gaming, hospitality, wellness, entertainment and leisure destinations, subject to long-term triple net leases. It own nearly 93 experiential assets across a geographically portfolio consisting of nearly 54 gaming properties and nearly 39 other experiential properties across the United States and Canada, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas.
63GF Score

Get the complete analysis for MEX:VICI

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN448.25
Price
MXN541.42
GF Value