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 9y
ADC +51.1%VICI +53.7%VICI compounded faster
50100150200Start $1002019202120232025$151$154
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 14

It depends on what you're optimizing for:

ValueVICI(lower P/E)
GrowthVICI(faster 5Y revenue CAGR)
IncomeVICI(higher dividend yield)
QualityVICI(higher ROIC)

Valuation

MetricADCVICI
P/E ratio40.779.77
Forward P/E36.719.71
P/S ratio12.177.53
P/B ratio1.461.08
PEG ratio370.635.51
EV / EBITDA20.2111.94

Profitability

MetricADCVICI
Gross margin87.64%99.22%
Operating margin48.03%98.67%
Net margin29.28%76.69%
ROE3.52%11.01%
ROIC3.51%7.92%

Dividends

MetricADCVICI
Dividend yield4.13%6.25%
Payout ratio176.84%68.30%

Growth (annualized)

MetricADCVICI
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.

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.