VICINEUTRAL

VICI EV/EBITDA Analysis

11.6x

Updated 166h ago·SEC filings & market data

Key Takeaway

The current EV/EBITDA of 11.6x means that for every dollar of VICI’s earnings before interest, taxes, depreciation, and amortization, the market values its entire enterprise (equity plus debt minus cash) at $11.60 — a common measure of how cheap or expensive a stock is relative to its operating cash flow.

Sector Performance

39th percentile

VICI

11.6x

Sector Median

13.6x

Sector Avg

15.7x

Prior Period

11.6x(Jul 2026)

→ Stable

📊

Deep Analysis

At 11.6x, VICI trades below the sector median of 13.7x and sits in the 38th percentile among its peers, indicating it is cheaper than most companies in its industry. The metric has been decreasing over the last eight quarters, with a year-over-year decline of 9.9% and a minor quarter-over-quarter increase of 0.3%. A below-median EV/EBITDA that is generally trending lower can suggest improving valuation or declining earnings expectations, both of which introduce uncertainty rather than clear upside or downside risk. This combination of a relatively low level and a decreasing trend does not strongly contradict the overall NEUTRAL verdict, as it points to moderate value but lacks a catalyst for revaluation.

Frequently Asked Questions

What does the EV/EBITDA tell investors about VICI?

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.

How is the EV/EBITDA calculated?

EV/EBITDA is calculated as: Enterprise Value / EBITDA.

Who are VICI's closest peers by EV/EBITDA?

The closest peers by EV/EBITDA include: MTDR (5.0x), NIO (-36.8x), SNAP (-38.8x), RBLX (-39.0x), LI (-47.0x).

📚

Learn More About EV/EBITDA

EV/EBITDA Explained: The Valuation Metric Pro Investors Actually Use

Learn what EV/EBITDA is, why it beats P/E for capital-heavy companies, typical sector ranges, and key limitations every serious investor should know.

The Formula

Enterprise Value / EBITDA

Why It Matters

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.