Digital Realty Trust, Inc. (DLR) vs VICI Properties Inc. (VICI)
VICI leads on 12 of 15 compared metrics.
A side-by-side comparison of Digital Realty Trust, Inc. and VICI Properties Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
DLR
Digital Realty Trust, Inc.
$184.20Real Estate
VICI
VICI Properties Inc.
$28.52Real Estate
Total return — DLR vs VICI
growth of $100 · last 9yDLR +50.1%VICI +53.7%VICI compounded faster
DLR VICI
DLR vs VICI: by the numbers
- •DLR is the larger company ($64.73B vs $30.71B market cap).
- •VICI trades at the lower earnings multiple (9.77 vs 48.47 P/E).
- •VICI converts more revenue to profit (76.69% vs 21.47% net margin).
- •VICI grew revenue faster over the past five years (24.66% vs 9.00% CAGR).
- •VICI pays the higher dividend yield (6.25% vs 1.99%).
Which is better, DLR or VICI?
Metric tally: DLR 3 · VICI 12It 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 | DLR | VICI |
|---|---|---|
| P/E ratio | 48.47 | 9.77● |
| Forward P/E | 81.80 | 9.71● |
| P/S ratio | 10.14 | 7.53● |
| P/B ratio | 2.78 | 1.08● |
| PEG ratio | 0.36● | 5.51 |
| EV / EBITDA | 20.84 | 11.94● |
Profitability
| Metric | DLR | VICI |
|---|---|---|
| Gross margin | 25.12% | 99.22%● |
| Operating margin | 14.61% | 98.67%● |
| Net margin | 21.47% | 76.69%● |
| ROE | 5.90% | 11.01%● |
| ROIC | 1.30% | 7.92%● |
Dividends
| Metric | DLR | VICI |
|---|---|---|
| Dividend yield | 1.99% | 6.25%● |
| Payout ratio | 98.12% | 68.30% |
Growth (annualized)
| Metric | DLR | VICI |
|---|---|---|
| Revenue CAGR (5Y) | 9.00% | 24.66%● |
| EPS CAGR (5Y) | 29.87%● | 8.20% |
| Total return CAGR (5Y) | 6.16%● | 2.53% |
Frequently asked
- Which is better, DLR 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 12 to 3.
- Is DLR or VICI cheaper?
- On trailing earnings, VICI is cheaper: DLR trades at a 48.47 P/E and VICI at 9.77.
- Which has grown faster, DLR or VICI?
- Over the past five years, VICI grew revenue faster — DLR at a 9.00% CAGR versus VICI at 24.66%.
- Does DLR or VICI pay a bigger dividend?
- DLR yields 1.99% and VICI yields 6.25% based on trailing dividends and the latest price.
- Is DLR or VICI more profitable?
- VICI runs the higher net margin — DLR at 21.47% versus VICI at 76.69%.
- Which has been the better investment, DLR or VICI?
- Over the past 5-year, DLR delivered the higher annualized total return — DLR at 9.78% versus VICI at 2.53%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Digital Realty Trust P/E ratioVICI Properties P/E ratioDigital Realty Trust dividend yieldVICI Properties dividend yieldDigital Realty Trust ROEVICI Properties ROEDigital Realty Trust operating marginVICI Properties operating marginDigital Realty Trust revenue growthVICI Properties revenue growthDigital Realty Trust free cash flowVICI Properties free cash flow
Digital Realty Trust & 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 14, 2026.