Vici Properties (VICI) Net Margin (2017 - 2026)
Vici Properties' (VICI) quarterly Net Margin came in at 86.98% in Q1 2026, up 3087.0% year-on-year from 2.73% in Q1 2025, and up 43.45% quarter-over-quarter from 60.64% in Q4 2025.
Vici Properties (VICI) Net Margin (2017 - 2026) Analysis & Trends
Vici Properties has disclosed Net Margin across 10 years of filings, most recently posting 86.98% for Q1 2026.
- Net Margin for Q1 2026 came in at 86.98%, up 3087.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 78.02% (up 914.0% YoY), and the FY2025 annual result was 70.36%, down 34.0% from the prior year.
- Net Margin came in at 86.98% for Q1 2026 at Vici Properties, up from 60.64% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 87.72% in Q2 2025 to a low of 8.77% in Q2 2022.
- The 5-year median for Net Margin is 63.95% (2024), against an average of 65.11%.
- Across the five-year window, Net Margin plunged 8929 bps in 2022 and soared 8689 bps in 2023, its largest moves.
- Vici Properties' Net Margin stood at 79.86% in 2022, then rose by 2 bps to 81.53% in 2023, then retreated by 22 bps to 63.95% in 2024, then decreased by 5 bps to 60.64% in 2025, then surged by 43 bps to 86.98% in 2026.
- The last three Net Margin figures came in at 86.98% (Q1 2026), 60.64% (Q4 2025), and 76.79% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 29.26 Bn | 28.78 Bn | 1.01 Bn | 86.98% |
| 2 | Broadstone Net Lease | 3.95 Bn | 4.05 Bn | - | - |
| 3 | American Assets Trust | 1.46 Bn | 1.40 Bn | - | 2.86% |
| 4 | Safehold | 1.13 Bn | 1.14 Bn | 109.54 Mn | 26.04% |
| 5 | Empire State Realty Trust | 916.51 Mn | 1.65 Bn | - | 0.65% |
| 6 | JBG SMITH Properties | 880.19 Mn | 1.38 Bn | - | -14.65% |
| 7 | CTO Realty Growth | 672.82 Mn | 672.82 Mn | 31.01 Mn | 10.51% |
| 8 | Gladstone Commercial | 608.72 Mn | 778.76 Mn | - | 9.15% |
| 9 | AH Realty Trust | 540.92 Mn | 723.25 Mn | - | -49.79% |
| 10 | One Liberty Properties | 510.56 Mn | 490.30 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 86.98% |
| Dec 31, 2025 | 60.64% |
| Sep 30, 2025 | 76.79% |
| Jun 30, 2025 | 87.72% |
| Mar 31, 2025 | 56.11% |
| Dec 31, 2024 | 63.95% |
| Sep 30, 2024 | 77.17% |
| Jun 30, 2024 | 78.66% |
| Mar 31, 2024 | 63.04% |
| Dec 31, 2023 | 81.53% |
| Sep 30, 2023 | 62.18% |
| Jun 30, 2023 | 78.11% |
| Mar 31, 2023 | 60.15% |
| Dec 31, 2022 | 79.86% |
| Sep 30, 2022 | 44.48% |
| Jun 30, 2022 | -8.77% |
| Mar 31, 2022 | 58.25% |
| Dec 31, 2021 | 74.07% |
| Sep 30, 2021 | 43.70% |
| Jun 30, 2021 | 80.52% |