Public Storage (PSA) vs VICI Properties Inc. (VICI)
VICI leads on 11 of 15 compared metrics.
A side-by-side comparison of Public Storage 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).
Total return — PSA vs VICI
growth of $100 · last 9yPSA +51.0%VICI +53.7%VICI compounded faster
PSA VICI
PSA vs VICI: by the numbers
- •PSA is the larger company ($57.22B vs $30.71B market cap).
- •VICI trades at the lower earnings multiple (9.77 vs 33.64 P/E).
- •VICI converts more revenue to profit (76.69% vs 39.16% net margin).
- •VICI grew revenue faster over the past five years (24.66% vs 10.32% CAGR).
- •VICI pays the higher dividend yield (6.25% vs 2.76%).
Which is better, PSA or VICI?
Metric tally: PSA 4 · VICI 11It depends on what you're optimizing for:
ValueVICI(lower P/E)
GrowthVICI(faster 5Y revenue CAGR)
IncomeVICI(higher dividend yield)
QualityPSA(higher ROIC)
Valuation
| Metric | PSA | VICI |
|---|---|---|
| P/E ratio | 33.64 | 9.77● |
| Forward P/E | 33.01 | 9.71● |
| P/S ratio | 11.80 | 7.53● |
| P/B ratio | 6.22 | 1.08● |
| PEG ratio | 4.47● | 5.51 |
| EV / EBITDA | 20.76 | 11.94● |
Profitability
| Metric | PSA | VICI |
|---|---|---|
| Gross margin | 60.63% | 99.22%● |
| Operating margin | 50.85% | 98.67%● |
| Net margin | 39.16% | 76.69%● |
| ROE | 20.63%● | 11.01% |
| ROIC | 11.50%● | 7.92% |
Dividends
| Metric | PSA | VICI |
|---|---|---|
| Dividend yield | 2.76% | 6.25%● |
| Payout ratio | 99.56% | 68.30% |
Growth (annualized)
| Metric | PSA | VICI |
|---|---|---|
| Revenue CAGR (5Y) | 10.32% | 24.66%● |
| EPS CAGR (5Y) | 7.52% | 8.20%● |
| Total return CAGR (5Y) | 5.63%● | 2.53% |
Frequently asked
- Which is better, PSA or VICI?
- It depends on your goal. value: VICI (lower P/E); growth: VICI (faster 5Y revenue CAGR); income: VICI (higher dividend yield); quality: PSA (higher ROIC). Across all compared metrics, VICI leads 11 to 4.
- Is PSA or VICI cheaper?
- On trailing earnings, VICI is cheaper: PSA trades at a 33.64 P/E and VICI at 9.77.
- Which has grown faster, PSA or VICI?
- Over the past five years, VICI grew revenue faster — PSA at a 10.32% CAGR versus VICI at 24.66%.
- Does PSA or VICI pay a bigger dividend?
- PSA yields 2.76% and VICI yields 6.25% based on trailing dividends and the latest price.
- Is PSA or VICI more profitable?
- VICI runs the higher net margin — PSA at 39.16% versus VICI at 76.69%.
- Which has been the better investment, PSA or VICI?
- Over the past 5-year, PSA delivered the higher annualized total return — PSA at 6.79% versus VICI at 2.53%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Public Storage P/E ratioVICI Properties P/E ratioPublic Storage dividend yieldVICI Properties dividend yieldPublic Storage ROEVICI Properties ROEPublic Storage operating marginVICI Properties operating marginPublic Storage revenue growthVICI Properties revenue growthPublic Storage free cash flowVICI Properties free cash flow
Public Storage & 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.