CBRE Group, Inc. (CBRE) vs VICI Properties Inc. (VICI)
A side-by-side comparison of CBRE Group, Inc. and VICI Properties Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.
Total return — CBRE vs VICI
growth of $100 · dividends reinvested · last 9yCBRE vs VICI: by the numbers
- •CBRE is the larger company ($39.02B vs $25.90B market cap).
- •VICI converts more revenue to profit (67.50% vs 2.98% net margin).
- •VICI grew revenue faster over the past five years (22.87% vs 11.83% CAGR).
- •VICI pays a dividend (7.13% yield), while CBRE has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | CBRE | VICI |
|---|---|---|
| P/E ratio | 30.90 | 9.12 |
| Forward P/E | 17.20 | 8.45 |
| P/S ratio | 0.89 | 6.32 |
| P/B ratio | 4.65 | 0.89 |
| EV / EBITDA | 21.20 | 11.93 |
| FCF yield | 2.40% | 10.18% |
For REITs like CBRE Group, Inc., GAAP P/E is distorted: heavy non-cash property depreciation depresses reported earnings and overstates the multiple. Real-estate companies are valued on funds from operations (FFO / AFFO) and price-to-FFO — see the Funds From Operations section. The P/E is shown for reference only.
For REITs like VICI Properties Inc., GAAP P/E is distorted: heavy non-cash property depreciation depresses reported earnings and overstates the multiple. Real-estate companies are valued on funds from operations (FFO / AFFO) and price-to-FFO — see the Funds From Operations section. The P/E is shown for reference only.
Profitability
| Metric | CBRE | VICI |
|---|---|---|
| Gross margin | 17.66% | 99.33% |
| Operating margin | 3.61% | 88.77% |
| Net margin | 2.98% | 67.50% |
| ROE | 15.49% | 9.48% |
| ROIC | 5.77% | 7.64% |
Dividends
| Metric | CBRE | VICI |
|---|---|---|
| Dividend yield | N/A | 7.13% |
| Payout ratio | N/A | 69.77% |
CBRE Group, Inc.'s payout ratio is measured against GAAP earnings, which non-cash depreciation depresses for REITs — the dividend is conventionally assessed against funds from operations (FFO / AFFO) instead, so the GAAP figure overstates the payout burden.
VICI Properties Inc.'s payout ratio is measured against GAAP earnings, which non-cash depreciation depresses for REITs — the dividend is conventionally assessed against funds from operations (FFO / AFFO) instead, so the GAAP figure overstates the payout burden.
Growth (annualized)
| Metric | CBRE | VICI |
|---|---|---|
| Revenue CAGR (5Y) | 11.83% | 22.87% |
| EPS CAGR (5Y) | 11.62% | 8.20% |
| FCF CAGR (5Y) | -13.21% | 22.01% |
| Total return CAGR (5Y) | 7.71% | 2.05% |
Frequently asked
- Which has grown faster, CBRE or VICI?
- Over the past five years, VICI grew revenue faster — CBRE at a 11.83% CAGR versus VICI at 22.87%.
- Does CBRE or VICI pay a bigger dividend?
- VICI pays a dividend (7.13% yield), while CBRE has no payments in the available dividend history.
- Is CBRE or VICI more profitable?
- VICI runs the higher net margin — CBRE at 2.98% versus VICI at 67.50%.
- How have CBRE and VICI total returns compared?
- Over the past 5 years, CBRE delivered 7.71% and VICI delivered 2.05% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
CBRE & 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 September 13, 2026.