AvalonBay Communities, Inc. (AVB) vs VICI Properties Inc. (VICI)
VICI leads on 16 of 17 compared metrics.
A side-by-side comparison of AvalonBay Communities, Inc. and VICI Properties Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
AVB
AvalonBay Communities, Inc.
$187.03Real Estate
VICI
VICI Properties Inc.
$28.52Real Estate
Total return — AVB vs VICI
growth of $100 · last 9yAVB +3.9%VICI +54.2%VICI compounded faster
AVB VICI
AVB vs VICI: by the numbers
- •VICI is the larger company ($30.71B vs $26.53B market cap).
- •VICI trades at the lower earnings multiple (9.77 vs 23.26 P/E).
- •VICI converts more revenue to profit (76.69% vs 37.27% net margin).
- •VICI grew revenue faster over the past five years (24.66% vs 6.36% CAGR).
- •VICI pays the higher dividend yield (6.25% vs 3.76%).
Which is better, AVB or VICI?
Metric tally: AVB 1 · VICI 16It 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 | AVB | VICI |
|---|---|---|
| P/E ratio | 23.26 | 9.77● |
| Forward P/E | 34.15 | 9.71● |
| P/S ratio | 8.60 | 7.53● |
| P/B ratio | 2.25 | 1.08● |
| PEG ratio | 4.98● | 5.51 |
| EV / EBITDA | 17.86 | 11.94● |
| FCF yield | 5.71% | 8.37%● |
Profitability
| Metric | AVB | VICI |
|---|---|---|
| Gross margin | 67.92% | 99.22%● |
| Operating margin | 29.15% | 98.67%● |
| Net margin | 37.27% | 76.69%● |
| ROE | 9.75% | 11.01%● |
| ROIC | 4.28% | 7.92%● |
Dividends
| Metric | AVB | VICI |
|---|---|---|
| Dividend yield | 3.76% | 6.25%● |
| Payout ratio | 95.00% | 68.30% |
Growth (annualized)
| Metric | AVB | VICI |
|---|---|---|
| Revenue CAGR (5Y) | 6.36% | 24.66%● |
| EPS CAGR (5Y) | 4.67% | 8.20%● |
| FCF CAGR (5Y) | 6.75% | 23.10%● |
| Total return CAGR (5Y) | 0.64% | 2.53%● |
Frequently asked
- Which is better, AVB 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 16 to 1.
- Is AVB or VICI cheaper?
- On trailing earnings, VICI is cheaper: AVB trades at a 23.26 P/E and VICI at 9.77.
- Which has grown faster, AVB or VICI?
- Over the past five years, VICI grew revenue faster — AVB at a 6.36% CAGR versus VICI at 24.66%.
- Does AVB or VICI pay a bigger dividend?
- AVB yields 3.76% and VICI yields 6.25% based on trailing dividends and the latest price.
- Is AVB or VICI more profitable?
- VICI runs the higher net margin — AVB at 37.27% versus VICI at 76.69%.
- Which has been the better investment, AVB or VICI?
- Over the past 5-year, AVB delivered the higher annualized total return — AVB at 4.41% versus VICI at 2.53%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
AvalonBay Communities P/E ratioVICI Properties P/E ratioAvalonBay Communities dividend yieldVICI Properties dividend yieldAvalonBay Communities ROEVICI Properties ROEAvalonBay Communities operating marginVICI Properties operating marginAvalonBay Communities revenue growthVICI Properties revenue growthAvalonBay Communities free cash flowVICI Properties free cash flow
AvalonBay Communities & 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 13, 2026.