Invitation Homes Inc. (INVH) vs VICI Properties Inc. (VICI)
VICI leads on 12 of 15 compared metrics.
A side-by-side comparison of Invitation Homes Inc. and VICI Properties Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 20, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
INVH
Invitation Homes Inc.
$30.08Real EstateDelayed quote: Jul 20, 2026, 4:00 PM EDT
VICI
VICI Properties Inc.
$26.83Real EstateDelayed quote: Jul 20, 2026, 4:00 PM EDT
Total return — INVH vs VICI
growth of $100 · dividends reinvested · last 9yINVH +69.1%VICI +127.3%VICI compounded faster
INVH VICI
INVH vs VICI: by the numbers
- •VICI is the larger company ($28.68B vs $17.87B market cap).
- •VICI trades at the lower earnings multiple (9.20 vs 31.71 P/E).
- •VICI converts more revenue to profit (76.69% vs 20.89% net margin).
- •VICI grew revenue faster over the past five years (24.66% vs 8.58% CAGR).
- •VICI pays the higher dividend yield (6.70% vs 3.95%).
Which is better, INVH or VICI?
Metric tally: INVH 3 · VICI 12It 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 | INVH | VICI |
|---|---|---|
| P/E ratio | 31.71 | 9.20● |
| Forward P/E | 38.97 | 9.12● |
| P/S ratio | 6.55● | 7.09 |
| P/B ratio | 2.01 | 1.02● |
| PEG ratio | 0.97● | 5.52 |
| EV / EBITDA | 16.57 | 11.49● |
Profitability
| Metric | INVH | VICI |
|---|---|---|
| Gross margin | 3.69% | 99.22%● |
| Operating margin | 31.17% | 98.67%● |
| Net margin | 20.89% | 76.69%● |
| ROE | 6.41% | 11.01%● |
| ROIC | 4.89% | 8.77%● |
Dividends
| Metric | INVH | VICI |
|---|---|---|
| Dividend yield | 3.95% | 6.70%● |
| Payout ratio | 123.96% | 68.97% |
Growth (annualized)
| Metric | INVH | VICI |
|---|---|---|
| Revenue CAGR (5Y) | 8.58% | 24.66%● |
| EPS CAGR (5Y) | 22.36%● | 8.20% |
| Total return CAGR (5Y) | -2.49% | 2.06%● |
Frequently asked
- Which is better, INVH 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 12 to 3.
- Is INVH or VICI cheaper?
- On trailing earnings, VICI is cheaper: INVH trades at a 31.71 P/E and VICI at 9.20.
- Which has grown faster, INVH or VICI?
- Over the past five years, VICI grew revenue faster — INVH at a 8.58% CAGR versus VICI at 24.66%.
- Does INVH or VICI pay a bigger dividend?
- INVH yields 3.95% and VICI yields 6.70% based on trailing dividends and the latest price.
- Is INVH or VICI more profitable?
- VICI runs the higher net margin — INVH at 20.89% versus VICI at 76.69%.
- Which has been the better investment, INVH or VICI?
- Over the past 5-year, VICI delivered the higher annualized total return — INVH at -2.49% versus VICI at 2.06%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Invitation Homes P/E ratioVICI Properties P/E ratioInvitation Homes dividend yieldVICI Properties dividend yieldInvitation Homes ROEVICI Properties ROEInvitation Homes operating marginVICI Properties operating marginInvitation Homes revenue growthVICI Properties revenue growthInvitation Homes free cash flowVICI Properties free cash flow
Invitation Homes & 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 July 20, 2026.