Microsoft Corporation (MSFT) vs VICI Properties Inc. (VICI)

A side-by-side comparison of Microsoft 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.

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Different business models: MSFT is classified in Technology; VICI is classified in Real Estate. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

Total returnMSFT vs VICI

growth of $100 · dividends reinvested · last 9y
MSFT +453.9%VICI +127.4%MSFT compounded faster
200400600Start $1002019202120232025$554$227
MSFT VICI

MSFT vs VICI: by the numbers

  • MSFT is the larger company ($2.92T vs $28.97B market cap).
  • VICI trades at the lower trailing earnings multiple (9.16 vs 23.16 P/E), one valuation lens rather than an overall verdict.
  • VICI converts more revenue to profit (76.69% vs 39.34% net margin).
  • VICI grew revenue faster over the past five years (24.66% vs 14.75% CAGR).
  • VICI pays the higher dividend yield (6.73% vs 0.91%).

Metrics side by side

Valuation

MetricMSFTVICI
P/E ratio23.169.16
Forward P/E22.879.08
P/S ratio9.107.06
P/B ratio6.991.01
PEG ratio2.345.52
EV / EBITDA15.5311.46
FCF yield2.52%N/A

Profitability

MetricMSFTVICI
Gross margin68.31%99.22%
Operating margin46.80%98.67%
Net margin39.34%76.69%
ROE30.22%11.01%
ROIC21.63%8.77%

Dividends

MetricMSFTVICI
Dividend yield0.91%6.73%
Payout ratio25.99%68.97%

Growth (annualized)

MetricMSFTVICI
Revenue CAGR (5Y)14.75%24.66%
EPS CAGR (5Y)18.68%8.20%
FCF CAGR (5Y)6.27%N/A
Total return CAGR (5Y)7.19%2.02%

Frequently asked

Which has the lower trailing P/E, MSFT or VICI?
VICI has the lower trailing P/E: MSFT trades at 23.16 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, MSFT or VICI?
Over the past five years, VICI grew revenue faster — MSFT at a 14.75% CAGR versus VICI at 24.66%.
Does MSFT or VICI pay a bigger dividend?
MSFT yields 0.91% and VICI yields 6.73% based on trailing dividends and the latest price.
Is MSFT or VICI more profitable?
VICI runs the higher net margin — MSFT at 39.34% versus VICI at 76.69%.
How have MSFT and VICI total returns compared?
Over the past 5 years, MSFT delivered 22.86% and VICI delivered 2.02% annualized total return. Past performance doesn't predict future results.

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.