Vici Properties (VICI) Gross Margin (2016 - 2026)

Vici Properties' (VICI) quarterly Gross Margin came in at 99.36% in Q1 2026, up 1.0% year-on-year from 98.38% in Q1 2025, and little changed quarter-over-quarter from 99.31% in Q4 2025.

Vici Properties (VICI) Gross Margin (2016 - 2026) Analysis & Trends

Vici Properties has disclosed Gross Margin across 11 years of filings, most recently posting 99.36% for Q1 2026.

  • Gross Margin for Q1 2026 came in at 99.36%, up 1.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 99.34% (up 2.0% YoY), and the FY2025 annual result was 99.33%, up 3.0% from the prior year.
  • Gross Margin came in at 99.36% for Q1 2026 at Vici Properties, roughly flat from 99.31% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 99.36% in Q1 2026 to a low of 98.73% in Q1 2022.
  • The 5-year median for Gross Margin is 99.31% (2024), against an average of 99.25%.
  • Across the five-year window, Gross Margin jumped 72 bps in 2022 and dropped 7 bps in 2023, its largest moves.
  • Vici Properties' Gross Margin stood at 99.19% in 2022, then fell by 0 bps to 99.12% in 2023, then rose by 0 bps to 99.31% in 2024, then climbed by 0 bps to 99.31% in 2025, then advanced by 0 bps to 99.36% in 2026.
  • The last three Gross Margin figures came in at 99.36% (Q1 2026), 99.31% (Q4 2025), and 99.33% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Vici Properties 29.26 Bn 28.78 Bn 1.01 Bn 99.36%
2 Broadstone Net Lease 3.95 Bn 4.05 Bn - -
3 American Assets Trust 1.46 Bn 1.40 Bn - -
4 Safehold 1.13 Bn 1.14 Bn 109.54 Mn 98.82%
5 Empire State Realty Trust 916.51 Mn 1.65 Bn - -
6 JBG SMITH Properties 880.19 Mn 1.38 Bn - -
7 CTO Realty Growth 672.82 Mn 672.82 Mn 31.01 Mn 75.30%
8 Gladstone Commercial 608.72 Mn 778.76 Mn - -
9 AH Realty Trust 540.92 Mn 723.25 Mn - -
10 One Liberty Properties 510.56 Mn 490.30 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 99.36%
Dec 31, 2025 99.31%
Sep 30, 2025 99.33%
Jun 30, 2025 99.34%
Mar 31, 2025 99.35%
Dec 31, 2024 99.31%
Sep 30, 2024 99.29%
Jun 30, 2024 99.29%
Mar 31, 2024 99.32%
Dec 31, 2023 99.12%
Sep 30, 2023 99.30%
Jun 30, 2023 99.27%
Mar 31, 2023 99.32%
Dec 31, 2022 99.19%
Sep 30, 2022 99.31%
Jun 30, 2022 99.12%
Mar 31, 2022 98.73%
Dec 31, 2021 98.47%
Sep 30, 2021 98.63%
Jun 30, 2021 98.61%