KPIs & Operating Metrics(New)

Vici Properties (VICI) Gross Margin (2016 - 2025)

Vici Properties' Gross Margin history spans 9 years, with the latest figure at 99.33% for Q3 2025.

  • For Q3 2025, Gross Margin rose 4.0% year-over-year to 99.33%; the TTM value through Sep 2025 reached 122.13%, up 26.0%, while the annual FY2025 figure was 99.33%, 3.0% up from the prior year.
  • Gross Margin for Q3 2025 was 99.33% at Vici Properties, roughly flat from 99.34% in the prior quarter.
  • Across five years, Gross Margin topped out at 99.34% in Q2 2025 and bottomed at 98.47% in Q4 2021.
  • The 5-year median for Gross Margin is 99.27% (2023), against an average of 99.06%.
  • The largest annual shift saw Gross Margin crashed -34bps in 2021 before it soared 59bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 98.47% in 2021, then increased by 1bps to 99.12% in 2022, then grew by 0bps to 99.12% in 2023, then grew by 0bps to 99.31% in 2024, then rose by 0bps to 99.33% in 2025.
  • Per Business Quant, the three most recent readings for VICI's Gross Margin are 99.33% (Q3 2025), 99.34% (Q2 2025), and 99.31% (Q4 2024).