VICI PROPERTIES INC.VICI

時価総額

$304.5億

PER

トリプルネットリース型不動産投資信託の米国大手。カジノ、リゾート、ゴルフコースの長期賃貸物件保有を展開。2023年1月にジョイントベンチャーの残り49.9%を1,261.9百万ドルで取得。米国・カナダを中心に展開。

	2017年 12月31日	2018年 12月31日	2019年 12月31日	2020年 12月31日	2021年 12月31日	2022年 12月31日	2023年 12月31日	2024年 12月31日
Net income	-	532	554	896	1,023	1,136	2,555	2,721
Non-cash leasing and financing adjustments	-	-	-	42	120	338	515	538
Stock-based compensation	-	2	5	7	9	13	16	18
Depreciation	1	4	4	4	3	3	4	4
Other gains	-	-	-	-	-	-	4	1
Amortization of Debt Issuance Costs and Discounts	-	6	33	20	71	32	46	47
Change in allowance for credit losses	-	-	-	-	-	-	103	127
Deferred income taxes	-	-	-	-	-	-	-10	5
Net proceeds from settlement of derivatives	-	-	-	-	-	-	-	10
Income from unconsolidated affiliate	-	-	-	-	-	60	1	-
Distributions from unconsolidated affiliate	-	-	-	-	-	65	3	-
Non-cash transaction costs	-	-	-	-	-	9	-	-
Other assets	-	23	6	3	-1	6	-5	-3
Accrued expenses and deferred revenue	-	-	-	-	-	-	-12	-13
Other liabilities	-	-	-	-	-	-	-	-2
Net cash provided by operating activities	-	504	682	884	896	1,943	2,181	2,381
Investments in leases - sales-type	-	772	-	2,695	-	4,018	241	412
Investments in leases - financing receivables	-	-	-	1,407	6	297	1,132	0
Investments in loans and securities	-	-	-	535	34	194	959	579
Principal repayments of loans and receipts of deferred fees	-	-	-	-	70	6	-	81
Net cash paid to acquire businesses	-	-	-	-	-	-	1,267	-
Capitalized transaction costs	-	-	9	0	21	8	1	6
Investments in short-term investments	-	942	440	20	-	307	-	30
Maturities of short-term investments	-	-	-	-	-	-	217	30
Proceeds from sale of real estate	-	-	-	50	13	-	6	1
Acquisition of property and equipment	-	-	-	3	3	2	4	8
Net cash used in investing activities	-	-1,141	-1,361	-4,549	41	-9,304	-2,899	-923
Proceeds from Issuance of Common Stock	-	694	-	1,540	2,386	3,219	2,480	379
Proceeds from Issuance of Unsecured Debt	-	-	2,250	2,500	-	5,000	-	1,771
Proceeds from Lines of Credit	-	-	-	-	-	600	419	82
Redemption of senior unsecured notes	-	-	-	-	-	-	-	1,800
Paydown of 2022 Revolving Credit Facility	-	-	-	-	-	600	250	94
Repurchase of stock for tax withholding	-	-	-	0	2	6	5	5
Debt issuance costs	-	1	56	58	31	146	0	5
Distributions to non-controlling interests	-	10	8	8	8	18	29	31
Dividends paid	-	263	504	612	759	1,219	1,584	1,753
Net cash (used in) provided by financing activities	-	1,038	1,183	2,879	-514	6,830	1,032	-1,457
Effect of exchange rate changes on cash, cash equivalents and restricted cash	-	-	-	-	-	-	-0	0
Net increase (decrease) in cash, cash equivalents and restricted cash	-	401	503	-786	424	-531	314	2
Cash paid for interest	-	213	209	-	323	467	763	781
Income Taxes Paid	-	1	3	-	2	3	5	3
Non-Cash Dividends Declared, Not Paid	-	-	-	-	226	380	439	462
Issuance of stock-based compensation subject to repurchase for tax withholding	-	-	-	-	-	-	-	18
Accrued capitalized transaction costs	-	-	-	-	-	-	-	2
Debt issuance costs payable	-	-	16	-	43	-	0	0
Noncash Change In Investment Leases, Investing Activities	-	-	-	-	21	189	277	283
Obtaining right-of-use assets in exchange for lease liabilities	-	-	27	-	-	542	82	16