Essex Property Trust, Inc. (ESS) vs VICI Properties Inc. (VICI)

VICI leads on 15 of 15 compared metrics.

A side-by-side comparison of Essex Property 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).

Total return — ESS vs VICI

growth of $100 · last 9y
ESS +8.6%VICI +53.7%VICI compounded faster
50100150200Start $1002019202120232025$109$154
ESS VICI

ESS vs VICI: by the numbers

  • VICI is the larger company ($30.71B vs $18.23B market cap).
  • VICI trades at the lower earnings multiple (9.77 vs 31.88 P/E).
  • VICI converts more revenue to profit (76.69% vs 30.17% net margin).
  • VICI grew revenue faster over the past five years (24.66% vs 5.52% CAGR).
  • VICI pays the higher dividend yield (6.25% vs 3.63%).

Which is better, ESS or VICI?

Metric tally: ESS 0 · VICI 15

It depends on what you're optimizing for:

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

Valuation

MetricESSVICI
P/E ratio31.889.77
Forward P/E46.859.71
P/S ratio9.597.53
P/B ratio3.371.08
PEG ratio8.665.51
EV / EBITDA17.1211.94

Profitability

MetricESSVICI
Gross margin69.44%99.22%
Operating margin38.38%98.67%
Net margin30.17%76.69%
ROE10.59%11.01%
ROIC6.13%7.92%

Dividends

MetricESSVICI
Dividend yield3.63%6.25%
Payout ratio98.94%68.30%

Growth (annualized)

MetricESSVICI
Revenue CAGR (5Y)5.52%24.66%
EPS CAGR (5Y)3.68%8.20%
Total return CAGR (5Y)1.54%2.53%

Frequently asked

Which is better, ESS 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 15 to 0.
Is ESS or VICI cheaper?
On trailing earnings, VICI is cheaper: ESS trades at a 31.88 P/E and VICI at 9.77.
Which has grown faster, ESS or VICI?
Over the past five years, VICI grew revenue faster — ESS at a 5.52% CAGR versus VICI at 24.66%.
Does ESS or VICI pay a bigger dividend?
ESS yields 3.63% and VICI yields 6.25% based on trailing dividends and the latest price.
Is ESS or VICI more profitable?
VICI runs the higher net margin — ESS at 30.17% versus VICI at 76.69%.
Which has been the better investment, ESS or VICI?
Over the past 5-year, ESS delivered the higher annualized total return — ESS at 6.54% 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 14, 2026.