Vici Properties (VICI) Net Margin (2017 - 2026)
Vici Properties (VICI) posted Net Margin of 32.15% for Q3 2026, down 43.49 percentage points from 75.64% a year earlier and down 17.59 percentage points from the prior quarter.
Vici Properties (VICI) Net Margin (2017 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Net Margin at Vici Properties was 56.46%, down 13.72 percentage points year-over-year; for FY2025, it was 69.28%, down 0.31 percentage points from FY2024.
- Annual Net Margin shows a five-year change of -3.47 percentage points (FY2020 to FY2025).
- In prior years, Vici Properties' Net Margin was 69.59% in FY2024 (+0.01 pp), 69.59% in FY2023 (+26.61 pp), 42.97% in FY2022 (-24.19 pp) and 67.16% in FY2021 (-5.59 pp).
- The Q3 2026 figure stands as the lowest quarterly Net Margin since Q2 2022.
- On a year-over-year basis, Net Margin increased in two of the last eight quarters, with an average year-over-year change of -8.56 percentage points.
- The strongest year-over-year quarter for Net Margin in the past five years was Q2 2023, with a gain of 85.61 percentage points; the weakest was Q2 2022, with a drop of 88.60 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 49.74% (Q2 2026), 85.65% (Q1 2026) and 59.70% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 175.33 Bn | 162.40 Bn | 1.47 Bn | 10.67% |
| 2 | Prologis | 123.26 Bn | 121.65 Bn | - | 34.17% |
| 3 | Simon Property | 76.07 Bn | 73.28 Bn | - | 26.98% |
| 4 | Public Storage | 62.23 Bn | 61.68 Bn | - | 22.86% |
| 5 | Realty Income | 54.52 Bn | 55.13 Bn | - | 22.22% |
| 6 | Ventas | 45.86 Bn | 45.03 Bn | - | 3.57% |
| 7 | Extra Space Storage | 32.95 Bn | 32.73 Bn | 650.96 Mn | 27.84% |
| 8 | Vici Properties | 27.52 Bn | 25.87 Bn | 1.06 Bn | 32.15% |
| 9 | Vivmark Residential | 23.32 Bn | 23.29 Bn | - | - |
| 10 | Host Hotels & Resorts | 17.52 Bn | 12.78 Bn | 609.00 Mn | 14.45% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 32.15% |
| Jun 30, 2026 | 49.74% |
| Mar 31, 2026 | 85.65% |
| Dec 31, 2025 | 59.70% |
| Sep 30, 2025 | 75.64% |
| Jun 30, 2025 | 86.39% |
| Mar 31, 2025 | 55.23% |
| Dec 31, 2024 | 62.97% |
| Sep 30, 2024 | 75.97% |
| Jun 30, 2024 | 77.46% |
| Mar 31, 2024 | 62.01% |
| Dec 31, 2023 | 80.24% |
| Sep 30, 2023 | 61.52% |
| Jun 30, 2023 | 76.90% |
| Mar 31, 2023 | 59.11% |
| Dec 31, 2022 | 78.46% |
| Sep 30, 2022 | 44.03% |
| Jun 30, 2022 | -8.71% |
| Mar 31, 2022 | 57.70% |
| Dec 31, 2021 | 73.46% |
Vici Properties Net 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=net-margin&ticker=VICI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=VICI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();