Corpay, Inc. (CPAY) vs VICI Properties Inc. (VICI)
A side-by-side comparison of Corpay, Inc. 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: CPAY is classified in Technology; VICI is classified in Real Estate. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
CPAY
Corpay, Inc.
$384.32TechnologyDelayed 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 — CPAY vs VICI
growth of $100 · dividends reinvested · last 9yCPAY +136.3%VICI +127.4%CPAY compounded faster
CPAY VICI
CPAY vs VICI: by the numbers
- •VICI is the larger company ($28.97B vs $25.12B market cap).
- •VICI trades at the lower trailing earnings multiple (9.16 vs 22.72 P/E), one valuation lens rather than an overall verdict.
- •VICI converts more revenue to profit (76.69% vs 24.60% net margin).
- •VICI grew revenue faster over the past five years (24.66% vs 15.41% CAGR).
- •VICI pays a dividend (6.73% yield), while CPAY has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | CPAY | VICI |
|---|---|---|
| P/E ratio | 22.72 | 9.16 |
| Forward P/E | 14.19 | 9.08 |
| P/S ratio | 5.43 | 7.06 |
| P/B ratio | 7.40 | 1.01 |
| PEG ratio | 2.87 | 5.52 |
| EV / EBITDA | 11.14 | 11.46 |
| FCF yield | 5.04% | N/A |
Profitability
| Metric | CPAY | VICI |
|---|---|---|
| Gross margin | 72.79% | 99.22% |
| Operating margin | 42.99% | 98.67% |
| Net margin | 24.60% | 76.69% |
| ROE | 33.52% | 11.01% |
| ROIC | 8.76% | 8.77% |
Dividends
| Metric | CPAY | VICI |
|---|---|---|
| Dividend yield | N/A | 6.73% |
| Payout ratio | N/A | 68.97% |
Growth (annualized)
| Metric | CPAY | VICI |
|---|---|---|
| Revenue CAGR (5Y) | 15.41% | 24.66% |
| EPS CAGR (5Y) | 12.72% | 8.20% |
| FCF CAGR (5Y) | -1.40% | N/A |
| Total return CAGR (5Y) | 8.13% | 2.02% |
Frequently asked
- Which has the lower trailing P/E, CPAY or VICI?
- VICI has the lower trailing P/E: CPAY trades at 22.72 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, CPAY or VICI?
- Over the past five years, VICI grew revenue faster — CPAY at a 15.41% CAGR versus VICI at 24.66%.
- Does CPAY or VICI pay a bigger dividend?
- VICI pays a dividend (6.73% yield), while CPAY has no payments in the available dividend history.
- Is CPAY or VICI more profitable?
- VICI runs the higher net margin — CPAY at 24.60% versus VICI at 76.69%.
- How have CPAY and VICI total returns compared?
- Over the past 5 years, CPAY delivered 9.68% and VICI delivered 2.02% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Corpay P/E ratioVICI Properties P/E ratioCorpay dividend yieldVICI Properties dividend yieldCorpay ROEVICI Properties ROECorpay operating marginVICI Properties operating marginCorpay revenue growthVICI Properties revenue growthCorpay free cash flowVICI Properties free cash flow
Corpay & 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.