VICI Properties Inc. VICI

23.51 0.24 1.03% as of 25 Sep
Market cap
$25.8B
P/E
9.1×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

VICI Properties Inc. (VICI) Operating margin

VICI Properties Inc.'s operating margin over the twelve months to 30 June 2026 was 88.7%, down 2.3 percentage points from fiscal 2025 (91.1%). Over the past ten years it has ranged from 0.00% (fiscal 2016) to 95.0% (fiscal 2021); the current reading is higher than 60% of that period. That is above the Reit Diversified industry median of 33.3% and above the Real Estate sector median of 18.8%.

Operating margin, annual

Annual

Period Operating margin Change (points)
FY2025 91.1% (0.93)
FY2024 92.0% (0.40)
FY2023 92.4% 30.48
FY2022 61.9% (33.09)
FY2021 95.0% 21.18
FY2020 73.8% (20.35)
FY2019 94.2% 9.75
FY2018 84.4% 7.55
FY2017 76.9% 76.86
FY2016 0.00% —

Quarterly

Period Operating margin Change (points)
Jun 2026 70.2% (37.31)
Mar 2026 107.5% 27.18
Dec 2025 80.3% (17.36)
Sep 2025 97.7% (11.63)
30 more quarters

Against its own ten years

Low 0.00% High 95.0%
Ten-year median 87.7%
Current reading's percentile 60

Operating margin against peers

Company Operating margin
VICI VICI Properties Inc. 88.7%
SAFE Safehold Inc. compare 75.6%
BNL Broadstone Net Lease, Inc. compare 46.6%
WPC W.P. Carey Inc. compare 41.8%
GNL Global Net Lease, Inc. compare 39.6%
CTO CTO Realty Growth, Inc. compare 38.7%
AAT American Assets Trust, Inc. compare 22.8%
JBGS JBG SMITH Properties compare −0.88%
ESRT Empire State Realty Trust, Inc. compare −4.40%
Reit Diversified industry median 33.3%
Real Estate sector median 18.8%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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