Vici Properties (VICI) Gross Margin (2016 - 2026)
Vici Properties' Gross Margin was 99.36% in Q3 2026, up 0.03 percentage points from 99.33% a year earlier and up 0.05 percentage points from the prior quarter.
Vici Properties (VICI) Gross Margin (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, Vici Properties' Gross Margin was 99.33% through Sep 30, 2026, unchanged year-over-year; for FY2025, it came in at 99.33%, up 0.03 percentage points from FY2024.
- Gross Margin has now increased for six consecutive years, with a five-year change of +0.77 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 99.30% in FY2024 (+0.05 pp), 99.25% in FY2023 (+0.12 pp), 99.13% in FY2022 (+0.51 pp) and 98.62% in FY2021 (+0.06 pp).
- Quarterly Gross Margin has moved between 98.47% (Q4 2021) and 99.36% (Q1 2026) over five years.
- Compared with a year earlier, Gross Margin was higher in six of the last eight quarters, with an average year-over-year change of +0.04 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q4 2022 (a gain of 0.72 percentage points); the worst was Q4 2021 (a drop of 0.34 percentage points).
- Per Business Quant data, VICI's Gross Margin in the three quarters before Q3 2026 was 99.30% (Q2 2026), 99.36% (Q1 2026) and 99.31% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 175.33 Bn | 162.40 Bn | 1.47 Bn | 39.55% |
| 2 | Prologis | 123.26 Bn | 121.65 Bn | - | - |
| 3 | Simon Property | 76.07 Bn | 73.28 Bn | - | - |
| 4 | Public Storage | 62.23 Bn | 61.68 Bn | - | - |
| 5 | Realty Income | 54.52 Bn | 55.13 Bn | - | - |
| 6 | Ventas | 45.86 Bn | 45.03 Bn | - | - |
| 7 | Extra Space Storage | 32.95 Bn | 32.73 Bn | 650.96 Mn | 73.16% |
| 8 | Vici Properties | 27.52 Bn | 25.87 Bn | 1.06 Bn | 99.36% |
| 9 | Vivmark Residential | 23.32 Bn | 23.29 Bn | - | - |
| 10 | Host Hotels & Resorts | 17.52 Bn | 12.78 Bn | 609.00 Mn | 37.13% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 99.36% |
| Jun 30, 2026 | 99.30% |
| 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% |
Vici Properties Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=VICI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "VICI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=VICI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();