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).

Compare

Total return — EXR vs VICI

growth of $100 · last 9y
EXR +77.5%VICI +41.7%EXR compounded faster
50100150200250Start $1002019202120232025$178$142
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 14

It 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

MetricEXRVICI
P/E ratio33.039.00
Forward P/E29.938.95
P/S ratio9.446.94
P/B ratio2.401.00
PEG ratio2.045.51
EV / EBITDA14.1111.34

Profitability

MetricEXRVICI
Gross margin27.87%99.22%
Operating margin43.25%98.67%
Net margin27.82%76.69%
ROE7.08%11.01%
ROIC4.89%7.92%

Dividends

MetricEXRVICI
Dividend yield4.46%6.85%
Payout ratio141.18%68.97%

Growth (annualized)

MetricEXRVICI
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.

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.