KPIs & Operating Metrics(New)

Vici Properties (VICI) Operating Margin (2016 - 2026)

Vici Properties' Operating Margin history spans 11 years, with the latest figure at 97.7% for Q1 2026.

  • On a quarterly basis, Operating Margin rose 2159.0% to 97.7% in Q1 2026 year-over-year; TTM through Mar 2026 was 97.61%, a 827.0% increase, with the full-year FY2025 number at 90.38%, down 90.0% from a year prior.
  • Operating Margin hit 97.7% in Q1 2026 for Vici Properties, roughly flat from 97.31% in the prior quarter.
  • Over the last five years, Operating Margin for VICI hit a ceiling of 100.76% in Q4 2023 and a floor of 8.19% in Q2 2022.
  • Historically, Operating Margin has averaged 84.72% across 5 years, with a median of 97.31% in 2025.
  • Biggest five-year swings in Operating Margin: plummeted -9247bps in 2022 and later surged 9104bps in 2023.
  • Tracing VICI's Operating Margin over 5 years: stood at 97.59% in 2022, then increased by 3bps to 100.76% in 2023, then fell by -16bps to 84.44% in 2024, then grew by 15bps to 97.31% in 2025, then rose by 0bps to 97.7% in 2026.
  • Business Quant data shows Operating Margin for VICI at 97.7% in Q1 2026, 97.31% in Q4 2025, and 97.61% in Q3 2025.