Booking Holdings Inc. (BKNG) vs VICI Properties Inc. (VICI)

VICI leads on 8 of 15 compared metrics.

A side-by-side comparison of Booking Holdings 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).

Total return — BKNG vs VICI

growth of $100 · last 9y
BKNG +112.4%VICI +54.2%BKNG compounded faster
50100150200250300Start $1002019202120232025$212$154
BKNG VICI

BKNG vs VICI: by the numbers

  • BKNG is the larger company ($127.81B vs $30.71B market cap).
  • VICI trades at the lower earnings multiple (9.77 vs 21.75 P/E).
  • VICI converts more revenue to profit (76.69% vs 22.23% net margin).
  • BKNG grew revenue faster over the past five years (37.43% vs 24.66% CAGR).
  • VICI pays the higher dividend yield (6.25% vs 0.97%).

Which is better, BKNG or VICI?

Metric tally: BKNG 7 · VICI 8

It depends on what you're optimizing for:

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

Valuation

MetricBKNGVICI
P/E ratio21.759.77
Forward P/E13.389.71
P/S ratio4.737.53
P/B ratio1.08
PEG ratio0.145.51
EV / EBITDA14.0711.94
FCF yield6.90%8.37%

Profitability

MetricBKNGVICI
Gross margin100.00%99.22%
Operating margin34.28%98.67%
Net margin22.23%76.69%
ROE-96.88%11.01%
ROIC50.82%7.92%

Dividends

MetricBKNGVICI
Dividend yield0.97%6.25%
Payout ratio24.14%68.30%

Growth (annualized)

MetricBKNGVICI
Revenue CAGR (5Y)37.43%24.66%
EPS CAGR (5Y)158.62%8.20%
FCF CAGR (5Y)39.83%23.10%
Total return CAGR (5Y)12.81%2.53%

Frequently asked

Which is better, BKNG or VICI?
It depends on your goal. value: VICI (lower P/E); growth: BKNG (faster 5Y revenue CAGR); income: VICI (higher dividend yield); quality: BKNG (higher ROIC). Across all compared metrics, VICI leads 8 to 7.
Is BKNG or VICI cheaper?
On trailing earnings, VICI is cheaper: BKNG trades at a 21.75 P/E and VICI at 9.77.
Which has grown faster, BKNG or VICI?
Over the past five years, BKNG grew revenue faster — BKNG at a 37.43% CAGR versus VICI at 24.66%.
Does BKNG or VICI pay a bigger dividend?
BKNG yields 0.97% and VICI yields 6.25% based on trailing dividends and the latest price.
Is BKNG or VICI more profitable?
VICI runs the higher net margin — BKNG at 22.23% versus VICI at 76.69%.
Which has been the better investment, BKNG or VICI?
Over the past 5-year, BKNG delivered the higher annualized total return — BKNG at 12.30% 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 13, 2026.