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| Date | Value |
|---|---|
| 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% |