Vici Properties (VICI) Gross Margin (2016 - 2026)
Vici Properties (VICI) posted Gross Margin of 99.3% for Q2 2026, little changed sequentially from 99.36% in Q1 2026, and down 4.0% YoY from 103.44% in Q2 2025.
Vici Properties (VICI) Gross Margin (2016 - 2026) Analysis & Trends
Vici Properties has reported Gross Margin for 11 years, with the latest figure at 99.3% in Q2 2026.
- Quarterly Gross Margin fell 4.0% year-over-year to 99.3% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 99.33% (changed 0.0% YoY) and the FY2025 annual result came in at 99.33%, up 3.0% from the prior year.
- Gross Margin steadied at 99.3% in Q2 2026 per VICI's latest filing, from 99.36% in the prior quarter.
- Over five years, Gross Margin peaked at 99.36% in Q1 2026 and troughed at 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.
- The sharpest annual moves came in 2022 and 2023: Gross Margin soared 72 bps in 2022, then fell 7 bps in 2023.
- Over 5 years, Gross Margin stood at 99.19% in 2022, then decreased by 0 bps to 99.12% in 2023, then advanced by 0 bps to 99.31% in 2024, then increased by 0 bps to 99.31% in 2025, then fell by 0 bps to 99.3% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 99.3%, 99.36%, and 99.31% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 29.03 Bn | 28.59 Bn | 1.05 Bn | 99.30% |
| 2 | W. P. Carey | 16.14 Bn | 16.14 Bn | 441.59 Mn | 95.78% |
| 3 | Broadstone Net Lease | 4.03 Bn | 4.01 Bn | - | - |
| 4 | Global Net Lease | 1.93 Bn | 1.77 Bn | - | - |
| 5 | American Assets Trust | 1.38 Bn | 1.38 Bn | - | - |
| 6 | Safehold | 1.10 Bn | -2.59 Bn | 113.88 Mn | 99.33% |
| 7 | Cim | 1.05 Bn | 2.41 Bn | - | - |
| 8 | Empire State Realty Trust | 823.55 Mn | 823.55 Mn | - | - |
| 9 | CTO Realty Growth | 764.50 Mn | 764.50 Mn | 32.71 Mn | 74.62% |
| 10 | JBG SMITH Properties | 727.38 Mn | 727.38 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 98.63% |