Vici Properties (VICI) Operating Margin (2016 - 2026)
Vici Properties' (VICI) quarterly Operating Margin came in at 69.48% in Q2 2026, down 3915.0% year-over-year from 1.82% in Q2 2025, and down 34.97% quarter-over-quarter from 106.86% in Q1 2026.
Analysis
Vici Properties (VICI) Operating Margin (2016 - 2026) Analysis & Trends
Vici Properties has disclosed Operating Margin across 11 years of filings, most recently posting 69.48% for Q2 2026.
- In Q2 2026, Operating Margin fell 3915.0% year-over-year to 69.48%; the TTM figure through Jun 2026 stood at 88.05% (down 379.0% YoY), while the FY2025 annual figure was 90.38%, down 90.0% from the prior year.
- Operating Margin came in at 69.48% for Q2 2026 at Vici Properties, down from 106.86% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 108.64% in Q2 2025 to a low of 8.19% in Q2 2022.
- Average Operating Margin over 5 years is 83.97%, with a median of 84.15% recorded in 2024.
- Year-over-year, Operating Margin tumbled 9247 bps in 2022 and jumped 9104 bps in 2023.
- Over 5 years, Operating Margin stood at 97.59% in 2022, then grew by 3 bps to 100.76% in 2023, then decreased by 16 bps to 84.44% in 2024, then slipped by 6 bps to 79.62% in 2025, then decreased by 13 bps to 69.48% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 69.48% in Q2 2026, 106.86% in Q1 2026, and 79.62% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 27.99 Bn | 27.55 Bn | 1.05 Bn | 69.48% |
| 2 | Gaming & Leisure Properties | 12.20 Bn | 12.59 Bn | - | 77.21% |
| 3 | Epr Properties | 4.60 Bn | 4.60 Bn | - | 54.59% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 69.48% |
| Mar 31, 2026 | 106.86% |
| Dec 31, 2025 | 79.62% |
| Sep 30, 2025 | 97.00% |
| Jun 30, 2025 | 108.64% |
| Mar 31, 2025 | 76.12% |
| Dec 31, 2024 | 84.44% |
| Sep 30, 2024 | 97.93% |
| Jun 30, 2024 | 99.27% |
| Mar 31, 2024 | 83.51% |
| Dec 31, 2023 | 100.76% |
| Sep 30, 2023 | 83.87% |
| Jun 30, 2023 | 99.23% |
| Mar 31, 2023 | 82.16% |
| Dec 31, 2022 | 97.59% |
| Sep 30, 2022 | 63.30% |
| Jun 30, 2022 | 8.19% |
| Mar 31, 2022 | 73.41% |
| Dec 31, 2021 | 91.10% |
| Sep 30, 2021 | 90.53% |