Is IRM or VICI cheaper?

On trailing earnings, VICI is cheaper: IRM trades at a 145.54 P/E and VICI at 9.32.

Which has grown faster, IRM or VICI?

Over the past five years, VICI grew revenue faster — IRM at a 11.73% CAGR versus VICI at 24.66%.

Does IRM or VICI pay a bigger dividend?

IRM yields 2.61% and VICI yields 6.62% based on trailing dividends and the latest price.

Is IRM or VICI more profitable?

VICI runs the higher net margin — IRM at 3.76% versus VICI at 76.69%.

Which has been the better investment, IRM or VICI?

Over the past 5-year, IRM delivered the higher annualized total return — IRM at 19.69% versus VICI at 2.28%. Past performance doesn't predict future results.

Iron Mountain Incorporated (IRM) vs VICI Properties Inc. (VICI)

VICI leads on 11 of 13 compared metrics.

A side-by-side comparison of Iron Mountain Incorporated and VICI Properties Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 27, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

IRM

Iron Mountain Incorporated

Total return — IRM vs VICI

growth of $100 · last 9y

IRM +232.7%VICI +46.7%IRM compounded faster

IRM VICI

IRM vs VICI: by the numbers

•IRM is the larger company ($39.40B vs $29.29B market cap).
•VICI trades at the lower earnings multiple (9.32 vs 145.54 P/E).
•VICI converts more revenue to profit (76.69% vs 3.76% net margin).
•VICI grew revenue faster over the past five years (24.66% vs 11.73% CAGR).
•VICI pays the higher dividend yield (6.62% vs 2.61%).

Which is better, IRM or VICI?

Metric tally: IRM 2 · VICI 11

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

Metric	IRM	VICI
P/E ratio	145.54	9.32●
Forward P/E	50.93	9.27●
P/S ratio	5.46●	7.18
P/B ratio	—	1.03
PEG ratio	—	5.52
EV / EBITDA	25.33	11.58●

Profitability

Metric	IRM	VICI
Gross margin	25.69%	99.22%●
Operating margin	18.01%	98.67%●
Net margin	3.76%	76.69%●
ROE	-14.74%	11.01%●
ROIC	5.72%	8.77%●

Dividends

Metric	IRM	VICI
Dividend yield	2.61%	6.62%●
Payout ratio	705.31%	68.97%

Growth (annualized)

Metric	IRM	VICI
Revenue CAGR (5Y)	11.73%	24.66%●
EPS CAGR (5Y)	-16.26%	8.20%●
Total return CAGR (5Y)	30.08%●	2.28%

Frequently asked

Which is better, IRM 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 11 to 2.
Is IRM or VICI cheaper?: On trailing earnings, VICI is cheaper: IRM trades at a 145.54 P/E and VICI at 9.32.
Which has grown faster, IRM or VICI?: Over the past five years, VICI grew revenue faster — IRM at a 11.73% CAGR versus VICI at 24.66%.
Does IRM or VICI pay a bigger dividend?: IRM yields 2.61% and VICI yields 6.62% based on trailing dividends and the latest price.
Is IRM or VICI more profitable?: VICI runs the higher net margin — IRM at 3.76% versus VICI at 76.69%.
Which has been the better investment, IRM or VICI?: Over the past 5-year, IRM delivered the higher annualized total return — IRM at 19.69% versus VICI at 2.28%. Past performance doesn't predict future results.

Go deeper

Full IRM analysis Full VICI analysis Interactive comparison tool

Dig into the metrics

Iron Mountain P/E ratio VICI Properties P/E ratio Iron Mountain dividend yield VICI Properties dividend yield Iron Mountain ROE VICI Properties ROE Iron Mountain operating margin VICI Properties operating margin Iron Mountain revenue growth VICI Properties revenue growth Iron Mountain free cash flow VICI Properties free cash flow

Iron Mountain & VICI Properties appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth Stocks Highest Operating Margin Stocks Highest FCF Yield Stocks

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 27, 2026.