• VICI Properties average pre-tax profit margin for 2023 was 63.32%, a 41.43% increase from 2022.
• VICI Properties average pre-tax profit margin for 2022 was 44.77%, a 42.6% increase from 2021.
• VICI Properties average pre-tax profit margin for 2021 was 78%, a 38.27% decline from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.