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 9y
PSA +51.0%VICI +53.7%VICI compounded faster
50100150200Start $1002019202120232025$151$154
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 11

It depends on what you're optimizing for:

ValueVICI(lower P/E)
GrowthVICI(faster 5Y revenue CAGR)
IncomeVICI(higher dividend yield)
QualityPSA(higher ROIC)

Valuation

MetricPSAVICI
P/E ratio33.649.77
Forward P/E33.019.71
P/S ratio11.807.53
P/B ratio6.221.08
PEG ratio4.475.51
EV / EBITDA20.7611.94

Profitability

MetricPSAVICI
Gross margin60.63%99.22%
Operating margin50.85%98.67%
Net margin39.16%76.69%
ROE20.63%11.01%
ROIC11.50%7.92%

Dividends

MetricPSAVICI
Dividend yield2.76%6.25%
Payout ratio99.56%68.30%

Growth (annualized)

MetricPSAVICI
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.

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.