Agree Realty Corporation (ADC) vs VICI Properties Inc. (VICI)
VICI leads on 14 of 15 compared metrics.
A side-by-side comparison of Agree Realty Corporation and VICI Properties Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — ADC vs VICI
growth of $100 · last 9yADC +51.1%VICI +53.7%VICI compounded faster
ADC VICI
ADC vs VICI: by the numbers
- •VICI is the larger company ($30.71B vs $9.11B market cap).
- •VICI trades at the lower earnings multiple (9.77 vs 40.77 P/E).
- •VICI converts more revenue to profit (76.69% vs 29.28% net margin).
- •VICI grew revenue faster over the past five years (24.66% vs 22.62% CAGR).
- •VICI pays the higher dividend yield (6.25% vs 4.13%).
Which is better, ADC or VICI?
Metric tally: ADC 1 · VICI 14It depends on what you're optimizing for:
ValueVICI(lower P/E)
GrowthVICI(faster 5Y revenue CAGR)
IncomeVICI(higher dividend yield)
QualityVICI(higher ROIC)
Valuation
| Metric | ADC | VICI |
|---|---|---|
| P/E ratio | 40.77 | 9.77● |
| Forward P/E | 36.71 | 9.71● |
| P/S ratio | 12.17 | 7.53● |
| P/B ratio | 1.46 | 1.08● |
| PEG ratio | 370.63 | 5.51● |
| EV / EBITDA | 20.21 | 11.94● |
Profitability
| Metric | ADC | VICI |
|---|---|---|
| Gross margin | 87.64% | 99.22%● |
| Operating margin | 48.03% | 98.67%● |
| Net margin | 29.28% | 76.69%● |
| ROE | 3.52% | 11.01%● |
| ROIC | 3.51% | 7.92%● |
Dividends
| Metric | ADC | VICI |
|---|---|---|
| Dividend yield | 4.13% | 6.25%● |
| Payout ratio | 176.84% | 68.30% |
Growth (annualized)
| Metric | ADC | VICI |
|---|---|---|
| Revenue CAGR (5Y) | 22.62% | 24.66%● |
| EPS CAGR (5Y) | 0.11% | 8.20%● |
| Total return CAGR (5Y) | 5.56%● | 2.53% |
Frequently asked
- Which is better, ADC or VICI?
- It depends on your goal. value: VICI (lower P/E); growth: VICI (faster 5Y revenue CAGR); income: VICI (higher dividend yield); quality: VICI (higher ROIC). Across all compared metrics, VICI leads 14 to 1.
- Is ADC or VICI cheaper?
- On trailing earnings, VICI is cheaper: ADC trades at a 40.77 P/E and VICI at 9.77.
- Which has grown faster, ADC or VICI?
- Over the past five years, VICI grew revenue faster — ADC at a 22.62% CAGR versus VICI at 24.66%.
- Does ADC or VICI pay a bigger dividend?
- ADC yields 4.13% and VICI yields 6.25% based on trailing dividends and the latest price.
- Is ADC or VICI more profitable?
- VICI runs the higher net margin — ADC at 29.28% versus VICI at 76.69%.
- Which has been the better investment, ADC or VICI?
- Over the past 5-year, ADC delivered the higher annualized total return — ADC at 9.97% versus VICI at 2.53%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Agree Realty P/E ratioVICI Properties P/E ratioAgree Realty dividend yieldVICI Properties dividend yieldAgree Realty ROEVICI Properties ROEAgree Realty operating marginVICI Properties operating marginAgree Realty revenue growthVICI Properties revenue growthAgree Realty free cash flowVICI Properties free cash flow
Agree Realty & VICI Properties appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 14, 2026.