Extra Space Storage Inc. (EXR) vs VICI Properties Inc. (VICI)
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 August 5, 2026. Differences are shown without an overall score or investment verdict.
EXR
Extra Space Storage Inc.
$149.22Real EstateDelayed quote: Aug 5, 2026, 2:55 PM EDT
VICI
VICI Properties Inc.
$26.34Real EstateDelayed quote: Aug 5, 2026, 2:55 PM EDT
Total return — EXR vs VICI
growth of $100 · dividends reinvested · last 9yEXR +152.0%VICI +126.0%EXR compounded faster
EXR VICI
EXR vs VICI: by the numbers
- •EXR is the larger company ($31.53B vs $29.00B market cap).
- •VICI trades at the lower trailing earnings multiple (10.31 vs 33.53 P/E), one valuation lens rather than an overall verdict.
- •VICI converts more revenue to profit (67.35% vs 27.96% net margin).
- •VICI grew revenue faster over the past five years (22.92% vs 18.58% CAGR).
- •VICI pays the higher dividend yield (6.77% vs 4.32%).
Metrics side by side
Valuation
| Metric | EXR | VICI |
|---|---|---|
| P/E ratio | 33.53 | 10.31 |
| Forward P/E | 32.56 | 9.10 |
| P/S ratio | 9.64 | 7.06 |
| P/B ratio | 2.49 | 0.99 |
| PEG ratio | 2.04 | 5.52 |
| EV / EBITDA | 14.59 | 7.82 |
| FCF yield | 5.31% | 9.11% |
Profitability
| Metric | EXR | VICI |
|---|---|---|
| Gross margin | 28.43% | 99.39% |
| Operating margin | 43.37% | 89.26% |
| Net margin | 27.96% | 67.35% |
| ROE | 7.22% | 9.48% |
| ROIC | 11.83% | 12.67% |
Dividends
| Metric | EXR | VICI |
|---|---|---|
| Dividend yield | 4.32% | 6.77% |
| Payout ratio | 141.18% | 68.97% |
Growth (annualized)
| Metric | EXR | VICI |
|---|---|---|
| Revenue CAGR (5Y) | 18.58% | 22.92% |
| EPS CAGR (5Y) | 4.35% | 8.20% |
| FCF CAGR (5Y) | 17.62% | 22.01% |
| Total return CAGR (5Y) | 0.67% | 2.93% |
Frequently asked
- Which has the lower trailing P/E, EXR or VICI?
- VICI has the lower trailing P/E: EXR trades at 33.53 and VICI at 10.31. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, EXR or VICI?
- Over the past five years, VICI grew revenue faster — EXR at a 18.58% CAGR versus VICI at 22.92%.
- Does EXR or VICI pay a bigger dividend?
- EXR yields 4.32% and VICI yields 6.77% based on trailing dividends and the latest price.
- Is EXR or VICI more profitable?
- VICI runs the higher net margin — EXR at 27.96% versus VICI at 67.35%.
- How have EXR and VICI total returns compared?
- Over the past 5 years, EXR delivered 10.24% and VICI delivered 2.93% annualized total return. 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 August 5, 2026.