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VICI Properties profit margin VICI

Gross, operating and net profit as a share of revenue over the last twelve months, from 2018.

Net margin, 12 months
67.5%
Net margin on a year earlier
−2.7 pts
Peer median
22.3%

Over the twelve months to Jun 30, 2026, VICI Properties kept 67.5% of its revenue as net profit and a gross margin of 99.3%.

Five years earlier its net margin was 85.9%.

The median for 10 real estate stocks of a similar size is 22.3%.

Profit margin over time

GrossNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginGross margin
FY202569.3%99.3%
FY202469.6%99.3%
FY202369.6%99.3%
FY202243.0%99.1%
FY202167.2%98.6%
FY202072.8%98.6%
FY201961.0%97.9%
FY201858.3%98.1%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a year
Q2 FY2667.5%−2.7 pts
Q1 FY2676.8%+9.0 pts
Q4 FY2569.3%−0.3 pts
Q3 FY2570.2%−3.7 pts
Q2 FY2570.2%−0.2 pts
Q1 FY2567.8%−2.3 pts
Q4 FY2469.6%+0.0 pts
Q3 FY2473.9%+5.2 pts
Q2 FY2470.4%+5.3 pts
Q1 FY2470.1%+24.5 pts
Q4 FY2369.6%+26.6 pts
Q3 FY2368.7%+32.8 pts

Against its peers

Companies in Real Estate nearest VICI Properties' size, closest first, today.

CompanyProfit margin
VICIVICI Properties67.5%
EXRExtra Space Storage27.8%
IRMIron Mountain5.5%
SBACSBA Communications34.5%
CBRECBRE3.0%
CCICrown Castle20.7%
ESSEssex Property Trust21.5%
HSTHost Hotels & Resorts16.5%
INVHInvitation Homes23.1%
KIMKimco Realty27.8%
LAMRLamar Advertising23.9%
Peer median22.3%

Where VICI Properties ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on VICI Properties

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.