Vici Properties (VICI) Gross Margin (2016 - 2026)
Vici Properties (VICI) reported Gross Margin of 99.36% for Q1 2026, up 1.0% on a YoY basis from 98.38% in Q1 2025, and little changed sequentially from 99.31% in Q4 2025.
Vici Properties (VICI) Gross Margin (2016 - 2026) Analysis & Trends
Vici Properties (VICI) has 11 years of Gross Margin data on file, last reported at 99.36% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 1.0% year-over-year to 99.36%; the trailing twelve-month figure through Mar 2026 stood at 99.34% (up 2.0% YoY), and the FY2025 full-year result was 99.33%, up 3.0% from the prior year.
- Gross Margin was little changed at 99.36% in Q1 2026, 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.
- A 5-year average of 99.25% and a median of 99.31% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin jumped 72 bps in 2022 and dropped 7 bps in 2023, its largest moves.
- Tracing VICI's Gross Margin over 5 years: stood at 99.19% in 2022, then declined by 0 bps to 99.12% in 2023, then increased by 0 bps to 99.31% in 2024, then advanced by 0 bps to 99.31% in 2025, then gained by 0 bps to 99.36% in 2026.
- Business Quant data shows VICI's Gross Margin at 99.36% in Q1 2026, 99.31% in Q4 2025, and 99.33% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 28.62 Bn | 28.14 Bn | 1.01 Bn | 99.36% |
| 2 | W. P. Carey | 16.93 Bn | 16.93 Bn | 434.82 Mn | 95.67% |
| 3 | Broadstone Net Lease | 4.27 Bn | 4.25 Bn | - | - |
| 4 | Global Net Lease | 1.90 Bn | 1.78 Bn | - | - |
| 5 | American Assets Trust | 1.47 Bn | 1.47 Bn | - | - |
| 6 | Safehold | 1.19 Bn | -2.44 Bn | 109.54 Mn | 98.82% |
| 7 | Empire State Realty Trust | 969.42 Mn | 969.42 Mn | - | - |
| 8 | Cim | 917.30 Mn | 735.54 Mn | - | - |
| 9 | JBG SMITH Properties | 858.04 Mn | 858.04 Mn | - | - |
| 10 | CTO Realty Growth | 716.07 Mn | 716.07 Mn | 31.01 Mn | 75.30% |
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% |