Main Street Capital Corporation (MAIN) vs VICI Properties Inc. (VICI)
A side-by-side comparison of Main Street Capital Corporation and VICI Properties Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.
Different business models: MAIN is classified in Financial Services; VICI is classified in Real Estate. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
MAIN
Main Street Capital Corporation
$55.32Financial ServicesDelayed quote: Jul 28, 2026, 4:00 PM EDT
VICI
VICI Properties Inc.
$27.10Real EstateDelayed quote: Jul 28, 2026, 4:02 PM EDT
Total return — MAIN vs VICI
growth of $100 · dividends reinvested · last 9yMAIN +161.8%VICI +127.4%MAIN compounded faster
MAIN VICI
MAIN vs VICI: by the numbers
- •VICI is the larger company ($28.97B vs $5.14B market cap).
- •VICI trades at the lower trailing earnings multiple (9.16 vs 11.33 P/E), one valuation lens rather than an overall verdict.
- •VICI converts more revenue to profit (76.69% vs 58.59% net margin).
- •VICI grew revenue faster over the past five years (24.66% vs 16.32% CAGR).
- •MAIN pays the higher dividend yield (7.99% vs 6.73%).
Metrics side by side
Valuation
| Metric | MAIN | VICI |
|---|---|---|
| P/E ratio | 11.33 | 9.16 |
| Forward P/E | 14.01 | 9.08 |
| P/S ratio | 6.70 | 7.06 |
| P/B ratio | 1.58 | 1.01 |
| PEG ratio | 0.17 | 5.52 |
| EV / EBITDA | N/A | 11.46 |
Profitability
| Metric | MAIN | VICI |
|---|---|---|
| Gross margin | 100.00% | 99.22% |
| Operating margin | 80.71% | 98.67% |
| Net margin | 58.59% | 76.69% |
| ROE | 13.78% | 11.01% |
| ROIC | 8.64% | 8.77% |
Dividends
| Metric | MAIN | VICI |
|---|---|---|
| Dividend yield | 7.99% | 6.73% |
| Payout ratio | 77.90% | 68.97% |
Growth (annualized)
| Metric | MAIN | VICI |
|---|---|---|
| Revenue CAGR (5Y) | 16.32% | 24.66% |
| EPS CAGR (5Y) | 65.11% | 8.20% |
| Total return CAGR (5Y) | 13.87% | 2.02% |
Frequently asked
- Which has the lower trailing P/E, MAIN or VICI?
- VICI has the lower trailing P/E: MAIN trades at 11.33 and VICI at 9.16. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, MAIN or VICI?
- Over the past five years, VICI grew revenue faster — MAIN at a 16.32% CAGR versus VICI at 24.66%.
- Does MAIN or VICI pay a bigger dividend?
- MAIN yields 7.99% and VICI yields 6.73% based on trailing dividends and the latest price.
- Is MAIN or VICI more profitable?
- VICI runs the higher net margin — MAIN at 58.59% versus VICI at 76.69%.
- How have MAIN and VICI total returns compared?
- Over the past 5 years, MAIN delivered 13.24% and VICI delivered 2.02% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Main Street Capital P/E ratioVICI Properties P/E ratioMain Street Capital dividend yieldVICI Properties dividend yieldMain Street Capital ROEVICI Properties ROEMain Street Capital operating marginVICI Properties operating marginMain Street Capital revenue growthVICI Properties revenue growthMain Street Capital free cash flowVICI Properties free cash flow
Main Street Capital & 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 28, 2026.