Federal Realty Investment Trust (FRT) vs VICI Properties Inc. (VICI)
VICI leads on 10 of 15 compared metrics.
A side-by-side comparison of Federal Realty Investment Trust 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).
FRT
Federal Realty Investment Trust
$125.84Real Estate
VICI
VICI Properties Inc.
$28.52Real Estate
Total return — FRT vs VICI
growth of $100 · last 9yFRT -2.9%VICI +53.7%VICI compounded faster
FRT VICI
FRT vs VICI: by the numbers
- •VICI is the larger company ($30.71B vs $10.87B market cap).
- •VICI trades at the lower earnings multiple (9.77 vs 21.66 P/E).
- •VICI converts more revenue to profit (76.69% vs 38.61% net margin).
- •VICI grew revenue faster over the past five years (24.66% vs 9.79% CAGR).
- •VICI pays the higher dividend yield (6.25% vs 3.57%).
Which is better, FRT or VICI?
Metric tally: FRT 5 · VICI 10It depends on what you're optimizing for:
ValueVICI(lower P/E)
GrowthVICI(faster 5Y revenue CAGR)
IncomeVICI(higher dividend yield)
QualityFRT(higher ROIC)
Valuation
| Metric | FRT | VICI |
|---|---|---|
| P/E ratio | 21.66 | 9.77● |
| Forward P/E | 40.88 | 9.71● |
| P/S ratio | 8.32 | 7.53● |
| P/B ratio | 3.29 | 1.08● |
| PEG ratio | 0.53● | 5.51 |
| EV / EBITDA | 14.46 | 11.94● |
Profitability
| Metric | FRT | VICI |
|---|---|---|
| Gross margin | 53.60% | 99.22%● |
| Operating margin | 41.58% | 98.67%● |
| Net margin | 38.61% | 76.69%● |
| ROE | 15.29%● | 11.01% |
| ROIC | 480.25%● | 7.92% |
Dividends
| Metric | FRT | VICI |
|---|---|---|
| Dividend yield | 3.57% | 6.25%● |
| Payout ratio | 93.74% | 68.30% |
Growth (annualized)
| Metric | FRT | VICI |
|---|---|---|
| Revenue CAGR (5Y) | 9.79% | 24.66%● |
| EPS CAGR (5Y) | 24.22%● | 8.20% |
| Total return CAGR (5Y) | 4.67%● | 2.53% |
Frequently asked
- Which is better, FRT or VICI?
- It depends on your goal. value: VICI (lower P/E); growth: VICI (faster 5Y revenue CAGR); income: VICI (higher dividend yield); quality: FRT (higher ROIC). Across all compared metrics, VICI leads 10 to 5.
- Is FRT or VICI cheaper?
- On trailing earnings, VICI is cheaper: FRT trades at a 21.66 P/E and VICI at 9.77.
- Which has grown faster, FRT or VICI?
- Over the past five years, VICI grew revenue faster — FRT at a 9.79% CAGR versus VICI at 24.66%.
- Does FRT or VICI pay a bigger dividend?
- FRT yields 3.57% and VICI yields 6.25% based on trailing dividends and the latest price.
- Is FRT or VICI more profitable?
- VICI runs the higher net margin — FRT at 38.61% versus VICI at 76.69%.
- Which has been the better investment, FRT or VICI?
- Over the past 5-year, VICI delivered the higher annualized total return — FRT at 1.63% versus VICI at 2.53%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Federal Realty Investment P/E ratioVICI Properties P/E ratioFederal Realty Investment dividend yieldVICI Properties dividend yieldFederal Realty Investment ROEVICI Properties ROEFederal Realty Investment operating marginVICI Properties operating marginFederal Realty Investment revenue growthVICI Properties revenue growthFederal Realty Investment free cash flowVICI Properties free cash flow
Federal Realty Investment & 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.