Extra Space Storage Inc. (EXR) vs VICI Properties Inc. (VICI)
VICI leads on 14 of 15 compared metrics.
A side-by-side comparison of Extra Space Storage Inc. and VICI Properties Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 21, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
EXR
Extra Space Storage Inc.
$145.33Real Estate
VICI
VICI Properties Inc.
$26.28Real Estate
Total return — EXR vs VICI
growth of $100 · last 9yEXR +77.5%VICI +41.7%EXR compounded faster
EXR VICI
EXR vs VICI: by the numbers
- •EXR is the larger company ($30.70B vs $28.30B market cap).
- •VICI trades at the lower earnings multiple (9.00 vs 33.03 P/E).
- •VICI converts more revenue to profit (76.69% vs 27.82% net margin).
- •VICI grew revenue faster over the past five years (24.66% vs 19.26% CAGR).
- •VICI pays the higher dividend yield (6.85% vs 4.46%).
Which is better, EXR or VICI?
Metric tally: EXR 1 · VICI 14It depends on what you're optimizing for:
ValueVICI(lower P/E)
GrowthVICI(faster 5Y revenue CAGR)
IncomeVICI(higher dividend yield)
QualityVICI(higher ROIC)
Metrics side by side
Valuation
| Metric | EXR | VICI |
|---|---|---|
| P/E ratio | 33.03 | 9.00● |
| Forward P/E | 29.93 | 8.95● |
| P/S ratio | 9.44 | 6.94● |
| P/B ratio | 2.40 | 1.00● |
| PEG ratio | 2.04● | 5.51 |
| EV / EBITDA | 14.11 | 11.34● |
Profitability
| Metric | EXR | VICI |
|---|---|---|
| Gross margin | 27.87% | 99.22%● |
| Operating margin | 43.25% | 98.67%● |
| Net margin | 27.82% | 76.69%● |
| ROE | 7.08% | 11.01%● |
| ROIC | 4.89% | 7.92%● |
Dividends
| Metric | EXR | VICI |
|---|---|---|
| Dividend yield | 4.46% | 6.85%● |
| Payout ratio | 141.18% | 68.97% |
Growth (annualized)
| Metric | EXR | VICI |
|---|---|---|
| Revenue CAGR (5Y) | 19.26% | 24.66%● |
| EPS CAGR (5Y) | 4.35% | 8.20%● |
| Total return CAGR (5Y) | 2.16% | 2.22%● |
Frequently asked
- Which is better, EXR 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 14 to 1.
- Is EXR or VICI cheaper?
- On trailing earnings, VICI is cheaper: EXR trades at a 33.03 P/E and VICI at 9.00.
- Which has grown faster, EXR or VICI?
- Over the past five years, VICI grew revenue faster — EXR at a 19.26% CAGR versus VICI at 24.66%.
- Does EXR or VICI pay a bigger dividend?
- EXR yields 4.46% and VICI yields 6.85% based on trailing dividends and the latest price.
- Is EXR or VICI more profitable?
- VICI runs the higher net margin — EXR at 27.82% versus VICI at 76.69%.
- Which has been the better investment, EXR or VICI?
- Over the past 5-year, EXR delivered the higher annualized total return — EXR at 9.30% versus VICI at 2.22%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Extra Space Storage P/E ratioVICI Properties P/E ratioExtra Space Storage dividend yieldVICI Properties dividend yieldExtra Space Storage ROEVICI Properties ROEExtra Space Storage operating marginVICI Properties operating marginExtra Space Storage revenue growthVICI Properties revenue growthExtra Space Storage free cash flowVICI Properties free cash flow
Extra Space Storage & 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 21, 2026.