VICI VICI Properties Inc. Common Stock
$26.46
Price · Aug 20, 2026
Fundamentals as of Jul 29, 2026
52W Range
$26–$34
8% of range
Analyst Rating
BUY
32 analysts
Price Target
$33
+23% upside
P/E (TTM)
10.1
ROE
10.2%
Net Profit Margin
69.3%
VICI Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$26.45
Market Cap
$28.28B
P/E (TTM)
10.1
EPS (TTM)
$2.61
Revenue (TTM)
$4.01B
Div Yield
6.6%
ROE
10.2%
Debt/Equity
—
52W Range
$26 – $34
VICI Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
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10-Year Performance Revenue, net income, margins and EPS trends
Revenue & Net Income
$4.01B
2020-12-31
→
2025-12-31
EPS
$2.61
2020-12-31
→
2025-12-31
Free Cash Flow
—
Margins
69.3%
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Metric
5Y trend
VICI
Peer Median
P/E (TTM)
10.1
20.8
P/S (TTM)
7.1
6.8
P/B
1.0
1.6
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Metric
5Y trend
VICI
Peer Median
Net Profit Margin
69.3%
33.0%
ROA
6.0%
4.1%
ROE
10.2%
11.4%
Financial Health Debt, liquidity, solvency — balance sheet strength
Metric
5Y trend
VICI
Peer Median
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Metric
5Y trend
VICI
Peer Median
Revenue YoY
4.1%
—
Revenue CAGR 3Y
15.5%
—
Revenue CAGR 5Y
26.7%
—
EPS YoY
1.9%
—
Net Income YoY
3.6%
—
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Metric
5Y trend
VICI
Peer Median
Payout Ratio
66.8%
—
Dividends Yield, payout ratio, dividend history, 5Y CAGR
Dividend Yield
6.6%
Payout Ratio
66.8%
5Y Div CAGR
—
| Ex-date | Amount |
|---|---|
| June 18, 2026 | $0.4500 |
| March 19, 2026 | $0.4500 |
| Dec. 17, 2025 | $0.4500 |
| Sept. 18, 2025 | $0.4500 |
| June 18, 2025 | $0.4330 |
| March 20, 2025 | $0.4330 |
| Dec. 17, 2024 | $0.4330 |
| Sept. 18, 2024 | $0.4330 |
| June 18, 2024 | $0.4150 |
| March 20, 2024 | $0.4150 |
| Dec. 20, 2023 | $0.4150 |
| Sept. 20, 2023 | $0.4150 |
| June 21, 2023 | $0.3900 |
| March 22, 2023 | $0.3900 |
| Dec. 21, 2022 | $0.3900 |
| Sept. 21, 2022 | $0.3900 |
| June 22, 2022 | $0.3600 |
| March 23, 2022 | $0.3600 |
| Dec. 22, 2021 | $0.3600 |
| Sept. 23, 2021 | $0.3600 |
VICI Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
BUY
32 analysts
- Strong Buy 8 25.0%
- Buy 15 46.9%
- Hold 9 28.1%
- Sell 0 0.0%
- Strong Sell 0 0.0%
12-Month Price Target
24 analysts · 2026-08-19
Median
$32.00
← Below all targets
$26.45
Low
$27.00
High
$38.00
Median target
$32.00
+21.0%
Mean target
$32.54
+23.0%
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
-0.06%
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $0.48 | $0.72 | -0.24% |
| March 31, 2026 | $0.82 | $0.72 | 0.10% |
| Dec. 31, 2025 | $0.57 | $0.70 | -0.13% |
| Sept. 30, 2025 | $0.71 | $0.71 | -0.00% |
| June 30, 2025 | $0.82 | $0.70 | 0.12% |
| March 31, 2025 | $0.51 | $0.69 | -0.18% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| VICI | $30.05B | 10.8 | 4.1% | 69.3% | 10.2% | — |
| IRM | $24.54B | 169.3 | 12.2% | 2.2% | -20.5% | — |
| LAMR | — | 21.9 | 2.7% | 25.9% | 60.8% | — |
| GLPI | $12.65B | 15.1 | 4.1% | 51.7% | 18.6% | — |
| OUT | $4.22B | 29.4 | 0.04% | 8.0% | 23.5% | — |
| MRP | — | 12.2 | — | 63.3% | 6.5% | — |
| EPR | — | 15.2 | 2.9% | 38.3% | 11.8% | — |
| FCPT | $2.49B | 21.2 | 9.7% | 38.2% | 7.2% | — |
| SAFE | $982M | 8.6 | 5.4% | 29.7% | 4.8% | — |
| FPI | $418M | 15.9 | -10.4% | 60.5% | 6.7% | — |
| LAND | $348M | -31.6 | 3.7% | 15.3% | 2.0% | — |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 15
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.01B | $3.85B | $3.61B | $2.60B | $1.51B | $1.23B | $895M | $898M | $188M | |
| Cost of Revenue | $27M | $27M | $27M | $23M | $21M | $18M | $19M | $17M | · | |
| SG&A Expense | $65M | $69M | $60M | $48M | $33M | $31M | $25M | $24M | · | |
| Operating Expenses | · | · | · | · | · | · | · | $140M | · | |
| Operating Income | · | · | · | · | · | $321M | $52M | $140M | $144M | |
| Interest Expense | · | · | $818M | $540M | $392M | $309M | $248M | $213M | $63M | |
| Interest Income | $1.76B | $1.66B | $1.52B | $1.04B | $283M | $153M | $0 | $0 | · | |
| Pretax Income | $2.82B | $2.73B | $2.55B | $1.14B | $1.03B | $897M | $556M | $534M | $43M | |
| Income Tax | $2M | $10M | $-6M | $3M | $3M | $831.0K | $2M | $1M | $-2M | |
| Net Income | $2.78B | $2.68B | $2.51B | $1.12B | $1.01B | $892M | $546M | $524M | $45M | |
| EPS (Basic) | $2.61 | $2.56 | $2.48 | $1.27 | $1.80 | $1.76 | $1.25 | $1.43 | · | |
| EPS (Diluted) | $2.61 | $2.56 | $2.47 | $1.27 | $1.76 | $1.75 | $1.24 | $1.43 | · | |
| Shares (Basic) | 1,062,006,448 | 1,046,739,537 | 1,014,513,195 | 877,508,388 | 564,467,362 | 506,140,642 | 435,071,096 | 367,226,395 | · | |
| Shares (Diluted) | 1,062,693,062 | 1,047,675,111 | 1,015,776,697 | 879,675,845 | 577,066,292 | 510,908,755 | 439,152,946 | 367,316,901 | · | |
| EBITDA | · | · | · | · | · | $321M | $842M | $758M | · |
Balance Sheet 16
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $563M | $525M | $523M | $209M | $740M | $316M | $1.10B | $578M | $184M | |
| Short-term Investments | $44M | $0 | $0 | $217M | $0 | $20M | $59M | $521M | $0 | |
| PP&E (Net) | $68M | $70M | $67M | $67M | $69M | $69M | $70M | $72M | $74M | |
| PP&E (Gross) | $96M | $95M | $89M | $85M | $83M | $81M | $79M | $76M | $75M | |
| Accum. Depreciation | $28M | $25M | $22M | $18M | $15M | $12M | $8M | $4M | $751.0K | |
| Total Assets | $46.72B | $45.37B | $44.06B | $37.58B | $17.60B | $17.06B | $13.27B | $11.33B | $9.74B | |
| Deferred Tax | $7M | $4M | $5M | $4M | $4M | $4M | $3M | $3M | $4M | |
| Total Liabilities | $18.50B | $18.42B | $18.40B | $15.29B | $5.41B | $7.57B | $5.22B | $4.43B | $4.96B | |
| Long-term Debt | $16.77B | $16.73B | $16.72B | $13.74B | $4.69B | $6.77B | $4.79B | $4.12B | $4.12B | |
| Common Stock | $11M | $11M | $10M | $10M | $6M | $5M | $5M | $4M | $3M | |
| Paid-in Capital | $24.90B | $24.52B | $24.13B | $21.65B | $11.76B | $9.36B | $7.82B | $6.65B | $4.65B | |
| Retained Earnings | $2.77B | $1.87B | $966M | $93M | $346M | $139M | $208M | $187M | $43M | |
| AOCI | $121M | $145M | $154M | $185M | $884.0K | $-93M | $-65M | $-22M | $0 | |
| Stockholders' Equity | $27.80B | $26.54B | $25.26B | $21.93B | $12.11B | $9.42B | $7.97B | $6.82B | $4.69B | |
| Liabilities + Equity | $46.72B | $45.37B | $44.06B | $37.58B | $17.60B | $17.06B | $13.27B | $11.33B | $9.74B | |
| Shares Outstanding | 1,068,811,371 | 1,056,366,685 | 1,042,702,763 | 963,096,563 | 628,942,092 | 536,669,722 | 461,004,742 | 404,729,616 | 300,278,938 |
Cash Flow 15
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Stock-based Comp | $16M | $18M | $16M | $13M | $9M | $7M | $5M | $2M | · | |
| Deferred Tax | $-2M | $5M | $-10M | $460.0K | $346.0K | $0 | $0 | $-348.0K | · | |
| Operating Cash Flow | $2.51B | $2.38B | $2.18B | $1.94B | $896M | $884M | $682M | $504M | · | |
| CapEx | · | · | · | · | · | · | $3M | $899.0K | · | |
| Investing Cash Flow | $-905M | $-923M | $-2.90B | $-9.30B | $41M | $-4.55B | $-1.36B | $-1.14B | · | |
| Debt Issued | · | · | · | · | · | · | · | $0 | · | |
| Net Debt Issued | · | · | · | · | · | · | · | $0 | · | |
| Stock Issued | $375M | $379M | $2.48B | $3.22B | $2.39B | $1.54B | $1.16B | $2.00B | · | |
| Net Stock Activity | $375M | $379M | $2.48B | $3.22B | $2.39B | $1.54B | · | $694M | · | |
| Dividends Paid | $1.85B | $1.75B | $1.58B | $1.22B | $759M | $612M | $504M | $263M | · | |
| Financing Cash Flow | $-1.57B | $-1.46B | $1.03B | $6.83B | $-514M | $2.88B | $1.18B | $1.04B | · | |
| Net Change in Cash | $39M | $2M | $314M | $-531M | $424M | $-786M | $503M | $401M | · | |
| Taxes Paid | $7M | $3M | $5M | · | · | · | · | · | · | |
| Free Cash Flow | · | · | · | · | · | · | $679M | $503M | · | |
| Levered FCF | · | · | · | · | · | · | $432M | $291M | · |
Profitability 7
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | · | · | · | · | · | 26.2% | 94.2% | 84.4% | · | |
| Net Margin | 69.3% | 69.6% | 69.6% | 43.0% | 67.2% | 72.8% | 61.0% | 58.3% | · | |
| Pretax Margin | 70.4% | 71.0% | 70.6% | 43.8% | 68.0% | 73.2% | 62.1% | 59.4% | · | |
| EBITDA Margin | · | · | · | · | · | 26.2% | 94.2% | 84.4% | · | |
| ROA | 6.0% | 6.0% | 6.2% | 4.0% | 5.8% | 5.3% | 4.2% | 4.8% | · | |
| ROE | 10.2% | 10.3% | 10.7% | 6.6% | 9.4% | 10.3% | 7.4% | 9.1% | · | |
| ROIC | · | · | · | · | · | 3.4% | 10.5% | 11.1% | · |
Liquidity & Solvency 1
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest Coverage | · | · | · | · | · | 1.0 | 3.4 | 3.6 | · |
Efficiency 1
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | · |
Growth Rates 10
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 4.1% | 6.6% | 38.9% | 72.3% | 23.2% | · | · | · | · | |
| Revenue CAGR 3Y | 15.5% | 36.6% | 43.4% | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 26.7% | · | · | · | · | · | · | · | · | |
| EPS YoY | 1.9% | 3.6% | 94.5% | -27.8% | 0.57% | · | · | · | · | |
| EPS CAGR 3Y | 27.1% | 13.3% | 12.2% | · | · | · | · | · | · | |
| EPS CAGR 5Y | 8.3% | · | · | · | · | · | · | · | · | |
| Net Income YoY | 3.6% | 6.6% | 124.9% | 10.2% | 13.7% | · | · | · | · | |
| Net Income CAGR 3Y | 35.4% | 38.2% | 41.3% | · | · | · | · | · | · | |
| Net Income CAGR 5Y | 25.5% | · | · | · | · | · | · | · | · | |
| Dividend CAGR 5Y | 24.8% | · | · | · | · | · | · | · | · |
Valuation (TTM) 13
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $4.01B | $3.85B | $3.61B | $2.60B | $1.51B | $1.23B | $895M | $898M | $188M | |
| Net Income TTM | $2.78B | $2.68B | $2.51B | $1.12B | $1.01B | $892M | $546M | $524M | $45M | |
| Market Cap | $30.05B | $30.86B | $33.24B | $31.20B | $18.94B | $13.69B | $11.78B | $7.60B | · | |
| P/E | 10.8 | 11.4 | 12.9 | 25.5 | 17.1 | 14.6 | 20.6 | 13.1 | · | |
| P/S | 7.5 | 8.0 | 9.2 | 12.0 | 12.5 | 11.2 | 13.2 | 8.5 | · | |
| P/B | 1.1 | 1.2 | 1.3 | 1.4 | 1.6 | 1.5 | 1.5 | 1.1 | · | |
| P / Tangible Book | 1.1 | 1.2 | 1.3 | 1.4 | 1.6 | 1.5 | · | · | · | |
| P / Cash Flow | 12.0 | 13.0 | 15.2 | 16.1 | 21.1 | 15.5 | 17.3 | 15.1 | · | |
| P / FCF | · | · | · | · | · | · | 17.3 | 15.1 | · | |
| Dividend Yield | 6.2% | 5.7% | 4.8% | 3.9% | 4.0% | 4.5% | 4.3% | 3.5% | · | |
| Earnings Yield | 9.3% | 8.8% | 7.8% | 3.9% | 5.9% | 6.9% | 4.9% | 7.6% | · | |
| Payout Ratio | 66.8% | 65.4% | 63.0% | 109.1% | 74.8% | 68.7% | 92.3% | 50.2% | · | |
| Annual Payout | $1.85B | $1.75B | $1.58B | $1.22B | $759M | $612M | $504M | $263M | · |
Income Statement 12
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.06B | $1.02B | $1.01B | $1.01B | $1.00B | $984M | $976M | $965M | $957M | $951M | $932M | $904M | $898M | $878M | $770M | $752M | |
| Cost of Revenue | $7M | $6M | $7M | $7M | $7M | $6M | $7M | $7M | $7M | $7M | $8M | $6M | $7M | $6M | $6M | $5M | |
| SG&A Expense | $15M | $16M | $19M | $16M | $15M | $15M | $21M | $16M | $16M | $16M | $15M | $14M | $15M | $15M | $15M | $12M | |
| Interest Expense | · | · | · | · | · | · | · | · | · | $205M | · | $205M | $204M | $204M | · | $169M | |
| Interest Income | $478M | $452M | $449M | $448M | $440M | $426M | $421M | $419M | $414M | $409M | $397M | $379M | $373M | $371M | $356M | $351M | |
| Pretax Income | $535M | $890M | $610M | $778M | $884M | $550M | $627M | $747M | $756M | $601M | $750M | $566M | $703M | $529M | $616M | $337M | |
| Income Tax | $-461.0K | $4M | $-5M | $4M | $6M | $-2M | $2M | $2M | $3M | $2M | $-10M | $644.0K | $2M | $1M | $1M | $417.0K | |
| Net Income | $527M | $872M | $605M | $762M | $865M | $544M | $615M | $733M | $741M | $590M | $748M | $556M | $691M | $519M | $604M | $331M | |
| EPS (Basic) | $0.48 | $0.82 | $0.57 | $0.71 | $0.82 | $0.51 | $0.58 | $0.70 | $0.71 | $0.57 | $0.72 | $0.55 | $0.69 | $0.52 | $0.64 | $0.34 | |
| EPS (Diluted) | $0.48 | $0.82 | $0.57 | $0.71 | $0.82 | $0.51 | $0.58 | $0.70 | $0.71 | $0.57 | $0.71 | $0.55 | $0.69 | $0.52 | $0.64 | $0.34 | |
| Shares (Basic) | 1,090,197,080 | 1,068,399,427 | -2,117,482,446 | 1,067,253,644 | 1,056,222,836 | 1,056,012,414 | -2,084,942,648 | 1,046,626,838 | 1,042,650,713 | 1,042,404,634 | -2,006,894,044 | 1,012,986,784 | 1,006,893,810 | 1,001,526,645 | -1,665,952,183 | 962,573,646 | |
| Shares (Diluted) | 1,090,236,611 | 1,068,527,584 | -2,119,379,526 | 1,068,369,218 | 1,057,270,580 | 1,056,432,790 | -2,086,934,500 | 1,048,338,348 | 1,042,959,627 | 1,043,311,636 | -2,009,612,690 | 1,013,589,640 | 1,007,968,422 | 1,003,831,325 | -1,668,919,058 | 964,134,340 |
Balance Sheet 16
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $288M | $480M | $563M | $508M | $233M | $334M | $525M | $356M | $347M | $485M | · | $511M | $739M | $248M | · | $518M | |
| Short-term Investments | $0 | $0 | $44M | $0 | $0 | $0 | $0 | $0 | $0 | $30M | · | $0 | $0 | $0 | · | $208M | |
| PP&E (Net) | $67M | $68M | $68M | $69M | $69M | $70M | $70M | $70M | $70M | $68M | · | $66M | $67M | $67M | · | $67M | |
| PP&E (Gross) | · | · | $96M | · | · | · | $95M | · | · | · | · | $87M | $86M | $86M | · | $84M | |
| Accum. Depreciation | · | · | $28M | · | · | · | $25M | · | · | · | · | $21M | $20M | $19M | · | $17M | |
| Total Assets | $48.27B | $47.09B | $46.72B | $46.54B | $46.05B | $45.53B | $45.37B | $44.92B | $44.51B | $44.16B | · | $42.83B | $42.25B | $41.85B | · | $37.31B | |
| Deferred Tax | $7M | $7M | $7M | $6M | $4M | $4M | $4M | $5M | $4M | $4M | · | $4M | $4M | $4M | · | $4M | |
| Total Liabilities | $18.67B | $18.47B | $18.50B | $18.44B | $18.61B | $18.50B | $18.42B | $18.40B | $18.38B | $18.34B | · | $18.30B | $18.17B | $18.18B | · | $15.25B | |
| Long-term Debt | $16.93B | $16.79B | $16.77B | $16.76B | $16.92B | $16.85B | $16.73B | $16.74B | $16.73B | $16.71B | · | $16.69B | $16.62B | $16.61B | · | $13.73B | |
| Common Stock | $11M | $11M | $11M | $11M | $11M | $11M | $11M | $10M | $10M | $10M | · | $10M | $10M | $10M | · | $10M | |
| Paid-in Capital | $25.85B | $24.90B | $24.90B | $24.89B | $24.52B | $24.51B | $24.52B | $24.25B | $24.13B | $24.12B | · | $23.32B | $23.01B | $22.91B | · | $21.64B | |
| Retained Earnings | $3.19B | $3.16B | $2.77B | $2.64B | $2.36B | $1.95B | $1.87B | $1.71B | $1.43B | $1.12B | · | $652M | $518M | $220M | · | $-133M | |
| AOCI | $115M | $119M | $121M | $125M | $136M | $132M | $145M | $142M | $148M | $157M | · | $186M | $174M | $170M | · | $191M | |
| Stockholders' Equity | $29.17B | $28.19B | $27.80B | $27.67B | $27.02B | $26.61B | $26.54B | $26.11B | $25.72B | $25.41B | · | $24.16B | $23.72B | $23.31B | · | $21.71B | |
| Liabilities + Equity | $48.27B | $47.09B | $46.72B | $46.54B | $46.05B | $45.53B | $45.37B | $44.92B | $44.51B | $44.16B | · | $42.83B | $42.25B | $41.85B | · | $37.31B | |
| Shares Outstanding | 1,101,074,906 | 1,068,988,999 | 1,068,811,371 | 1,068,808,694 | 1,056,705,763 | 1,056,668,054 | 1,056,366,685 | 1,047,172,481 | 1,043,171,743 | 1,043,137,031 | 1,042,702,763 | 1,016,827,883 | 1,007,426,510 | 1,004,204,918 | 963,096,563 | 963,093,424 |
Cash Flow 8
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock-based Comp | $5M | $4M | $4M | $4M | $4M | $3M | $5M | $5M | $5M | $4M | $4M | $4M | $4M | $3M | $4M | $3M | |
| Operating Cash Flow | $728M | $632M | $692M | $586M | $640M | $592M | $644M | $579M | $615M | $544M | $576M | $552M | $530M | $522M | $488M | $504M | |
| Investing Cash Flow | $-803M | $-223M | $-139M | $-50M | $-330M | $-386M | $-260M | $-242M | $-312M | $-109M | $-954M | $-734M | $258M | $-1.47B | $-415M | $-247M | |
| Stock Issued | · | · | $-1.0K | $375M | · | · | $264M | $115M | $0 | $0 | $808M | $299M | $101M | $1.27B | $0 | $0 | |
| Net Stock Activity | · | · | · | · | · | · | · | · | · | $0 | · | · | · | $1.27B | · | · | |
| Dividends Paid | $481M | $481M | $481M | $457M | $457M | $459M | $453M | $433M | $433M | $435M | $422M | $383M | $396M | $383M | $375M | $347M | |
| Financing Cash Flow | $-117M | $-492M | $-496M | $-262M | $-412M | $-397M | $-215M | $-329M | $-441M | $-472M | $389M | $-46M | $-297M | $985M | $-382M | $-353M | |
| Net Change in Cash | $-192M | $-83M | $56M | $275M | $-101M | $-190M | $169M | $9M | $-138M | $-37M | $12M | $-228M | $491M | $39M | $-309M | $-96M |
Profitability 4
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 49.7% | 85.7% | · | 75.6% | 86.4% | 55.2% | · | 76.0% | 77.5% | 62.0% | · | 61.5% | 76.9% | 59.1% | · | 44.0% | |
| Pretax Margin | 50.5% | 87.4% | · | 77.2% | 88.3% | 55.9% | · | 77.4% | 79.0% | 63.2% | · | 62.6% | 78.3% | 60.3% | · | 44.9% | |
| ROA | 1.1% | 1.9% | · | 1.7% | 1.9% | 1.2% | · | 1.7% | 1.7% | 1.4% | · | 1.4% | 1.7% | 1.6% | · | 1.2% | |
| ROE | 1.9% | 3.2% | · | 2.8% | 3.3% | 2.1% | · | 2.9% | 3.0% | 2.4% | · | 2.4% | 3.0% | 2.7% | · | 2.0% |
Efficiency 1
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | · | 0.0 |
Valuation (TTM) 10
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $4.09B | $4.01B | · | $3.96B | $3.91B | $3.86B | · | $3.78B | $3.71B | $3.63B | · | $3.43B | $3.19B | $2.71B | · | $2.21B | |
| Net Income TTM | $3.03B | $3.04B | · | $2.90B | $2.88B | $2.61B | · | $2.62B | $2.58B | $2.36B | · | $2.10B | $1.48B | $1.03B | · | $675M | |
| Market Cap | $29.23B | $29.20B | · | $34.85B | $34.45B | $34.47B | · | $34.88B | $29.88B | $31.08B | · | $29.59B | $31.66B | $32.76B | · | $28.75B | |
| P/E | 9.4 | 9.6 | · | 11.9 | 11.9 | 13.1 | · | 13.2 | 11.4 | 12.8 | · | 13.9 | 21.1 | 28.4 | · | 32.8 | |
| P/S | 7.2 | 7.3 | · | 8.8 | 8.8 | 8.9 | · | 9.2 | 8.1 | 8.6 | · | 8.6 | 9.9 | 12.1 | · | 13.0 | |
| P/B | 1.0 | 1.0 | · | 1.3 | 1.3 | 1.3 | · | 1.3 | 1.2 | 1.2 | · | 1.2 | 1.3 | 1.4 | · | 1.3 | |
| P / Tangible Book | 1.0 | 1.0 | · | 1.3 | 1.3 | 1.3 | · | 1.3 | 1.2 | 1.2 | · | 1.2 | 1.3 | 1.4 | · | 1.3 | |
| P / Cash Flow | · | 46.2 | · | · | · | 58.2 | · | · | · | 57.2 | · | · | · | 62.7 | · | · | |
| Earnings Yield | 10.7% | 10.5% | · | 8.4% | 8.4% | 7.6% | · | 7.6% | 8.8% | 7.8% | · | 7.2% | 4.7% | 3.5% | · | 3.0% | |
| Payout Ratio | · | 55.2% | · | · | · | 84.4% | · | · | · | 73.7% | · | · | · | 73.8% | · | · |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Revenue | $4.01B | $3.85B | $3.61B | $2.60B | $1.51B |
| Net Income | $2.78B | $2.68B | $2.51B | $1.12B | $1.01B |
| Diluted EPS | $2.61 | $2.56 | $2.47 | $1.27 | $1.76 |
Latest News Recent headlines mentioning this company
- Is VICI Properties Stock Underperforming the Nasdaq?
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- VICI Properties Q1 Profit Climbs On Higher Revenues
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Trading Signals Recent buy/sell signals with entry price and risk/reward ratio
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Institutional owners (13F) 1,029 filers · $17.1B total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 105 (-38 vs prior Q) | 89 (-6 vs prior Q) | 401 (-27 vs prior Q) | 336 (+49 vs prior Q) | +23.1M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| VANGUARD PORTFOLIO MANAGEMENT LLC | $2,292,431,926 | 86,343,952 | 13.42% | Shares |
| STATE STREET CORP | $1,812,259,343 | 67,155,780 | 10.61% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $1,734,563,750 | 65,331,968 | 10.15% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $996,626,509 | 36,556,512 | 5.83% | Shares |
| Allianz Asset Management GmbH | $630,495,727 | 23,747,485 | 3.69% | Shares |
| BANK OF AMERICA CORP /DE/ | $427,065,778 | 16,085,340 | 2.50% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $400,236,276 | 15,074,812 | 2.34% | Shares |
| NORGES BANK | $384,287,036 | 14,474,088 | 2.25% | Shares |
| Man Group plc | $317,737,815 | 11,967,526 | 1.86% | Shares |
| JPMORGAN CHASE & CO | $265,777,510 | 9,778,422 | 1.56% | Shares |
| Capital Research Global Investors | $237,012,354 | 8,927,019 | 1.39% | Shares |
| FMR LLC | $230,921,299 | 8,697,601 | 1.35% | Shares |
| Cullen Capital Management, LLC | $185,044,842 | 6,969,674 | 1.08% | Shares |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC | $156,811,256 | 5,906,262 | 0.92% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $148,860,646 | 5,606,804 | 0.87% | Shares |
| Robeco Institutional Asset Management B.V. | $148,018,984 | 5,575,103 | 0.87% | Shares |
| Qube Research & Technologies Ltd | $144,539,315 | 5,444,042 | 0.85% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $136,433,227 | 5,138,728 | 0.80% | Shares |
| LOS ANGELES CAPITAL MANAGEMENT LLC | $128,850,497 | 4,853,126 | 0.75% | Shares |
| Bahl & Gaynor LLC | $125,686,370 | 4,733,950 | 0.74% | Shares |
| HighTower Advisors, LLC | $124,049,139 | 4,672,284 | 0.73% | Shares |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | $121,798,762 | 4,587,524 | 0.71% | Shares |
| Sumitomo Mitsui Trust Group, Inc. | $121,132,251 | 4,562,420 | 0.71% | Shares |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | $115,322,580 | 4,343,600 | 0.68% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $102,437,334 | 3,858,280 | 0.60% | Shares |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | $100,710,814 | 3,793,251 | 0.59% | Shares |
| PFA Pension, Forsikringsaktieselskab | $99,010,627 | 3,729,214 | 0.58% | Shares |
| BlackRock, Inc. | $96,078,476 | 3,618,775 | 0.56% | Shares |
| Vinva Investment Management Ltd | $96,014,709 | 3,532,550 | 0.56% | Shares |
| Mitsubishi UFJ Asset Management Co., Ltd. | $95,838,093 | 3,609,721 | 0.56% | Shares |
| Gates Capital Management, Inc. | $94,170,062 | 3,546,895 | 0.55% | Shares |
| National Pension Service | $90,070,716 | 3,392,494 | 0.53% | Shares |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $89,927,001 | 3,387,081 | 0.53% | Shares |
| Legal & General Group Plc | $88,761,719 | 3,343,191 | 0.52% | Shares |
| ALLIANCEBERNSTEIN L.P. | $83,944,279 | 3,072,631 | 0.49% | Shares |
| Swiss National Bank | $81,807,612 | 3,081,266 | 0.48% | Shares |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | $78,428,000 | 2,953,951 | 0.46% | Shares |
| APG Asset Management US Inc. | $74,805,427 | 2,847,561 | 0.44% | Shares |
| Nuveen Asset Management, LLC | $73,476,587 | 2,515,460 | 0.43% | Shares |
| California Public Employees Retirement System | $69,919,292 | 2,633,495 | 0.41% | Shares |
| BARCLAYS PLC | $69,578,101 | 2,620,644 | 0.41% | Shares |
| Nuveen, LLC | $69,126,509 | 2,603,635 | 0.40% | Shares |
| GOLDMAN SACHS GROUP INC | $67,535,129 | 2,543,696 | 0.40% | Shares |
| MACKENZIE FINANCIAL CORP | $67,148,322 | 2,529,127 | 0.39% | Shares |
| NATIXIS | $65,586,943 | 2,470,318 | 0.38% | Shares |
| VIRGINIA RETIREMENT SYSTEMS ET Al | $60,588,477 | 2,154,640 | 0.35% | Shares |
| ASSETMARK, INC | $59,101,806 | 2,226,057 | 0.35% | Shares |
| Vanguard Global Advisers, LLC | $56,200,642 | 2,116,785 | 0.33% | Shares |
| Asset Management One Co., Ltd. | $55,330,049 | 2,025,258 | 0.32% | Shares |
| RHUMBLINE ADVISERS | $54,691,438 | 2,059,945 | 0.32% | Shares |
| CAPTRUST FINANCIAL ADVISORS | $53,517,112 | 2,015,710 | 0.31% | Shares |
| LASALLE INVESTMENT MANAGEMENT SECURITIES LLC | $51,106,892 | 1,924,930 | 0.30% | Shares |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $50,315,517 | 1,841,710 | 0.29% | Shares |
| CANADA PENSION PLAN INVESTMENT BOARD | $49,599,037 | 1,868,137 | 0.29% | Shares |
| AMERICAN CENTURY COMPANIES INC | $48,442,785 | 1,824,586 | 0.28% | Shares |
| Squarepoint Ops LLC | $48,165,152 | 1,814,130 | 0.28% | Shares |
| Gotham Asset Management, LLC | $47,545,501 | 1,790,791 | 0.28% | Shares |
| BANK OF MONTREAL /CAN/ | $47,124,604 | 1,774,938 | 0.28% | Shares |
| Apollo Management Holdings, L.P. | $45,127,433 | 1,699,715 | 0.26% | Shares |
| WORLDQUANT MILLENNIUM ADVISORS LLC | $44,663,791 | 1,682,252 | 0.26% | Shares |
| VANGUARD GROUP INC | $44,566,460 | 1,584,867 | 0.26% | Shares |
| Quantinno Capital Management LP | $43,177,636 | 1,626,276 | 0.25% | Shares |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | $42,678,833 | 1,607,489 | 0.25% | Shares |
| Focus Partners Wealth | $42,324,921 | 1,592,663 | 0.25% | Shares |
| AEW CAPITAL MANAGEMENT L P | $40,623,225 | 1,530,065 | 0.24% | Shares |
| PineBridge Investments, L.P. | $39,625,389 | 1,215,130 | 0.23% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $38,377,813 | 1,445,492 | 0.22% | Shares |
| PRUDENTIAL FINANCIAL INC | $37,775,234 | 1,422,796 | 0.22% | Shares |
| Adelante Capital Management LLC | $35,535,654 | 1,338,445 | 0.21% | Shares |
| CIBC Bancorp USA Inc. | $35,103,746 | 1,322,175 | 0.21% | Shares |
| Epoch Investment Partners, Inc. | $34,880,620 | 1,313,771 | 0.20% | Shares |
| RAYMOND JAMES FINANCIAL INC | $34,661,735 | 1,305,527 | 0.20% | Shares |
| Baird Financial Group, Inc. | $34,649,502 | 1,305,066 | 0.20% | Shares |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | $33,117,487 | 1,247,363 | 0.19% | Shares |
| LPL Financial LLC | $33,006,528 | 1,243,183 | 0.19% | Shares |
| CAPITAL FUND MANAGEMENT S.A. | $31,896,851 | 1,201,388 | 0.19% | Shares |
| MACQUARIE GROUP LTD | $31,777,244 | 1,196,883 | 0.19% | Shares |
| WILSEY ASSET MANAGEMENT INC | $30,601,699 | 1,152,606 | 0.18% | Shares |
| AMERIPRISE FINANCIAL INC | $29,782,983 | 1,121,657 | 0.17% | Shares |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $29,147,201 | 1,097,823 | 0.17% | Shares |
| Vanguard Investments Australia, Ltd. | $28,704,400 | 1,081,145 | 0.17% | Shares |
| Korea Investment CORP | $27,568,166 | 1,038,349 | 0.16% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $26,903,115 | 1,013,300 | 0.16% | Call option |
| Fidelity National Financial, Inc. | $26,550,000 | 1,000,000 | 0.16% | Shares |
| Arbejdsmarkedets Tillaegspension | $26,536,725 | 999,500 | 0.16% | Shares |
| GAMCO INVESTORS, INC. ET AL | $26,163,671 | 985,449 | 0.15% | Shares |
| CAPITOLIS LIQUID GLOBAL MARKETS LLC | $25,812,335 | 972,216 | 0.15% | Shares |
| TUDOR INVESTMENT CORP ET AL | $25,456,246 | 958,804 | 0.15% | Shares |
| AVIVA PLC | $25,344,869 | 954,609 | 0.15% | Shares |
| State of New Jersey Common Pension Fund D | $24,244,717 | 913,172 | 0.14% | Shares |
| Aberdeen Group plc | $23,801,411 | 896,475 | 0.14% | Shares |
| STATE OF WISCONSIN INVESTMENT BOARD | $23,464,094 | 883,770 | 0.14% | Shares |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC | $23,139,307 | 871,537 | 0.14% | Shares |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | $22,095,640 | 862,044 | 0.13% | Shares |
| Retirement Systems of Alabama | $21,920,450 | 825,629 | 0.13% | Shares |
| Zurcher Kantonalbank (Zurich Cantonalbank) | $21,913,574 | 825,370 | 0.13% | Shares |
| Mediolanum International Funds Ltd | $21,721,848 | 799,185 | 0.13% | Shares |
| CIBC Asset Management Inc | $21,719,463 | 819,304 | 0.13% | Shares |
| Blue Chip Partners, LLC | $21,698,878 | 817,284 | 0.13% | Shares |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | $21,664,242 | 815,979 | 0.13% | Shares |
Company insiders 13 insiders · 4 officers · 9 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Edward Baltazar Pitoniak | Chief Executive Officer | June 1, 2026 G | 1,291,210 | 0 | 0 | $0 |
| David Andrew Kieske | Chief Financial Officer | Feb. 26, 2018 A | 61,916 | 0 | 0 | $0 |
| John W R Payne | President and COO | Feb. 26, 2018 A | 30,705 | 0 | 0 | $0 |
| Kenneth J. Kuick | Chief Accounting Officer | Feb. 26, 2018 A | 6,427 | 0 | 0 | $0 |
| Monica Howard Douglas | Director | July 1, 2026 A | 47,780 | 0 | 0 | $0 |
| Elizabeth I Holland | Director | July 1, 2026 A | 66,324 | 0 | 0 | $0 |
| Diana F Cantor | Director | July 1, 2026 A | 66,634 | 0 | 0 | $0 |
| Michael D Rumbolz | Director | July 1, 2026 A | 78,647 | 0 | 0 | $0 |
| James R Abrahamson | Director | July 1, 2026 A | 173,098 | 0 | 0 | $0 |
| Craig Macnab | Director | July 1, 2026 A | 82,164 | 0 | 0 | $0 |
| Eric L Hausler | Director | July 1, 2018 A | 22,924 | 0 | 0 | $0 |
| Eugene I Davis | Director | July 1, 2018 A | 29,538 | 0 | 0 | $0 |
| CAESARS ENTERTAINMENT OPERATING COMPANY, INC. | 10% owner | Oct. 6, 2017 J | 0 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 187 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| NETL · ETF Series Solutions | 7.57% | 131,877 NS | May 31, 2026 | N-PORT |
| GQRE · FlexShares Trust | 3.82% | 500,871 NS | April 30, 2026 | N-PORT |
| SRET · Global X Funds | 3.40% | 275,364 NS | April 30, 2026 | N-PORT |
| IRET · Tidal Trust II | 3.34% | 3,029 NS | April 30, 2026 | N-PORT |
| REAI · Tidal Trust I | 3.31% | 1,220 NS | April 30, 2026 | N-PORT |
| RSPR · Invesco Exchange-Traded Fund Trust | 3.12% | 117,836 | Aug. 19, 2026 | Daily |
| REIT · ALPS ETF Trust | 3.12% | 57,859 NS | May 31, 2026 | N-PORT |
| TBG · EA Series Trust | 2.93% | 231,160 NS | April 30, 2026 | N-PORT |
| ICF · iShares Trust | 2.91% | 2,355,243 SH | Aug. 19, 2026 | Daily |
| SPHD · Invesco Exchange-Traded Fund Trust … | 2.88% | 3,814,727 | Aug. 19, 2026 | Daily |
| DFAR · Dimensional ETF Trust | 2.43% | 1,400,484 NS | April 30, 2026 | N-PORT |
| BBRE · J.P. Morgan Exchange-Traded Fund Tr… | 2.39% | 1,043,334 NS | May 31, 2026 | N-PORT |
| USRT · iShares Trust | 2.35% | 4,189,214 SH | Aug. 19, 2026 | Daily |
| URE · ProShares Trust | 2.27% | 44,988 NS | May 31, 2026 | N-PORT |
| DRN · Direxion Shares ETF Trust | 2.23% | 35,723 NS | April 30, 2026 | N-PORT |
| SCHH · SCHWAB STRATEGIC TRUST | 2.18% | 7,728,158 NS | May 31, 2026 | N-PORT |
| FCPI · FIDELITY COVINGTON TRUST | 2.17% | 202,436 NS | April 30, 2026 | N-PORT |
| HUSV · First Trust Exchange-Traded Fund III | 2.15% | 53,335 NS | April 30, 2026 | N-PORT |
| IYR · iShares Trust | 2.06% | 3,622,795 SH | Aug. 19, 2026 | Daily |
| FREL · FIDELITY COVINGTON TRUST | 2.04% | 1,006,073 NS | April 30, 2026 | N-PORT |
| RDOG · ALPS ETF Trust | 1.98% | 7,837 NS | May 31, 2026 | N-PORT |
| BMVP · Invesco Exchange-Traded Fund Trust | 1.64% | 67,538 | Aug. 19, 2026 | Daily |
| DFGR · Dimensional ETF Trust | 1.58% | 1,903,073 NS | April 30, 2026 | N-PORT |
| LQAI · Exchange Listed Funds Trust | 1.55% | 1,121 NS | April 30, 2026 | N-PORT |
| REET · iShares Trust | 1.53% | 2,973,722 SH | Aug. 19, 2026 | Daily |
| AVRE · AMERICAN CENTURY ETF TRUST | 1.49% | 428,725 NS | May 31, 2026 | N-PORT |
| VNQ · VANGUARD SPECIALIZED FUNDS | 1.42% | 38,369,998 SH | Aug. 19, 2026 | Daily |
| RIET · ETF Series Solutions | 1.39% | 51,347 NS | May 31, 2026 | N-PORT |
| FXED · Tidal Trust I | 1.36% | 19,181 NS | May 31, 2026 | N-PORT |
| QIDX · Spinnaker ETF Series | 1.34% | 17,592 NS | April 30, 2026 | N-PORT |
| BLDG · Cambria ETF Trust | 1.32% | 23,171 NS | April 30, 2026 | N-PORT |
| ALTL · Pacer Funds Trust | 1.18% | 38,881 NS | April 30, 2026 | N-PORT |
| ERET · iShares Trust | 1.11% | 5,964 SH | Aug. 19, 2026 | Daily |
| VRAI · ETFis Series Trust I | 1.11% | 6,960 NS | April 30, 2026 | N-PORT |
| SPLV · Invesco Exchange-Traded Fund Trust … | 1.04% | 2,872,229 | Aug. 19, 2026 | Daily |
| FLRG · FIDELITY COVINGTON TRUST | 1.02% | 99,124 NS | April 30, 2026 | N-PORT |
| IQRA · New York Life Investments Active ET… | 1.01% | 2,402 NS | April 30, 2026 | N-PORT |
| FTA · First Trust Exchange-Traded AlphaDE… | 0.93% | 414,304 NS | April 30, 2026 | N-PORT |
| VMAX · Lattice Strategies Trust | 0.90% | 14,343 NS | April 30, 2026 | N-PORT |
| ROE · EA Series Trust | 0.86% | 79,532 NS | May 29, 2026 | N-PORT |
| FDVV · FIDELITY COVINGTON TRUST | 0.84% | 2,639,039 NS | April 30, 2026 | N-PORT |
| HIDV · AB Active ETFs, Inc. | 0.80% | 54,693 NS | May 31, 2026 | N-PORT |
| AUSF · Global X Funds | 0.57% | 171,883 NS | May 31, 2026 | N-PORT |
| FYEE · Fidelity Greenwood Street Trust | 0.54% | 30,544 NS | April 30, 2026 | N-PORT |
| QLC · FlexShares Trust | 0.52% | 161,280 NS | April 30, 2026 | N-PORT |
| FHEQ · Fidelity Greenwood Street Trust | 0.52% | 147,484 NS | April 30, 2026 | N-PORT |
| RCGE · EA Series Trust | 0.50% | 16,078 NS | April 30, 2026 | N-PORT |
| FBUF · Fidelity Greenwood Street Trust | 0.50% | 3,225 NS | April 30, 2026 | N-PORT |
| VOE · VANGUARD INDEX FUNDS | 0.46% | 6,464,155 SH | Aug. 19, 2026 | Daily |
| FAB · First Trust Exchange-Traded AlphaDE… | 0.46% | 21,853 NS | April 30, 2026 | N-PORT |