Antero Midstream Corporation (AM) vs VICI Properties Inc. (VICI)
A side-by-side comparison of Antero Midstream Corporation and VICI Properties Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.
Different business models: AM is classified in Energy; VICI is classified in Real Estate. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
AM
Antero Midstream Corporation
$21.75EnergyDelayed quote: Jul 28, 2026, 4:00 PM EDT
VICI
VICI Properties Inc.
$27.10Real EstateDelayed quote: Jul 28, 2026, 4:02 PM EDT
Total return — AM vs VICI
growth of $100 · dividends reinvested · last 9yAM +139.7%VICI +127.4%AM compounded faster
AM VICI
AM vs VICI: by the numbers
- •VICI is the larger company ($28.97B vs $10.33B market cap).
- •VICI trades at the lower trailing earnings multiple (9.16 vs 25.55 P/E), one valuation lens rather than an overall verdict.
- •VICI converts more revenue to profit (76.69% vs 31.94% net margin).
- •VICI grew revenue faster over the past five years (24.66% vs 5.93% CAGR).
- •VICI pays the higher dividend yield (6.73% vs 4.10%).
Metrics side by side
Valuation
| Metric | AM | VICI |
|---|---|---|
| P/E ratio | 25.55 | 9.16 |
| Forward P/E | 19.87 | 9.08 |
| P/S ratio | 8.17 | 7.06 |
| P/B ratio | 5.42 | 1.01 |
| PEG ratio | 5.72 | 5.52 |
| EV / EBITDA | 14.95 | 11.46 |
| FCF yield | 8.73% | N/A |
Profitability
| Metric | AM | VICI |
|---|---|---|
| Gross margin | 64.52% | 99.22% |
| Operating margin | 57.56% | 98.67% |
| Net margin | 31.94% | 76.69% |
| ROE | 21.21% | 11.01% |
| ROIC | 8.18% | 8.77% |
Dividends
| Metric | AM | VICI |
|---|---|---|
| Dividend yield | 4.10% | 6.73% |
| Payout ratio | 104.65% | 68.97% |
Growth (annualized)
| Metric | AM | VICI |
|---|---|---|
| Revenue CAGR (5Y) | 5.93% | 24.66% |
| EPS CAGR (5Y) | N/A | 8.20% |
| FCF CAGR (5Y) | 7.24% | N/A |
| Total return CAGR (5Y) | 26.02% | 2.02% |
Frequently asked
- Which has the lower trailing P/E, AM or VICI?
- VICI has the lower trailing P/E: AM trades at 25.55 and VICI at 9.16. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, AM or VICI?
- Over the past five years, VICI grew revenue faster — AM at a 5.93% CAGR versus VICI at 24.66%.
- Does AM or VICI pay a bigger dividend?
- AM yields 4.10% and VICI yields 6.73% based on trailing dividends and the latest price.
- Is AM or VICI more profitable?
- VICI runs the higher net margin — AM at 31.94% versus VICI at 76.69%.
- How have AM and VICI total returns compared?
- Over the past 5 years, AM delivered 26.02% and VICI delivered 2.02% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Antero Midstream P/E ratioVICI Properties P/E ratioAntero Midstream dividend yieldVICI Properties dividend yieldAntero Midstream ROEVICI Properties ROEAntero Midstream operating marginVICI Properties operating marginAntero Midstream revenue growthVICI Properties revenue growthAntero Midstream free cash flowVICI Properties free cash flow
Antero Midstream & 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 July 28, 2026.