Royal Gold, Inc. (RGLD) vs VICI Properties Inc. (VICI)
A side-by-side comparison of Royal Gold, Inc. 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: RGLD is classified in Basic Materials; VICI is classified in Real Estate. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
RGLD
Royal Gold, Inc.
$196.16Basic MaterialsDelayed 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 — RGLD vs VICI
growth of $100 · dividends reinvested · last 9yRGLD +149.3%VICI +127.4%RGLD compounded faster
RGLD VICI
RGLD vs VICI: by the numbers
- •VICI is the larger company ($28.97B vs $16.65B market cap).
- •VICI trades at the lower trailing earnings multiple (9.16 vs 23.96 P/E), one valuation lens rather than an overall verdict.
- •VICI converts more revenue to profit (76.69% vs 48.53% net margin).
- •VICI grew revenue faster over the past five years (24.66% vs 18.21% CAGR).
- •VICI pays the higher dividend yield (6.73% vs 0.93%).
Metrics side by side
Valuation
| Metric | RGLD | VICI |
|---|---|---|
| P/E ratio | 23.96 | 9.16 |
| Forward P/E | 18.87 | 9.08 |
| P/S ratio | 13.08 | 7.06 |
| P/B ratio | 2.30 | 1.01 |
| PEG ratio | 1.02 | 5.52 |
| EV / EBITDA | 16.26 | 11.46 |
Profitability
| Metric | RGLD | VICI |
|---|---|---|
| Gross margin | 68.47% | 99.22% |
| Operating margin | 64.21% | 98.67% |
| Net margin | 48.53% | 76.69% |
| ROE | 8.55% | 11.01% |
| ROIC | 5.80% | 8.77% |
Dividends
| Metric | RGLD | VICI |
|---|---|---|
| Dividend yield | 0.93% | 6.73% |
| Payout ratio | 27.99% | 68.97% |
Growth (annualized)
| Metric | RGLD | VICI |
|---|---|---|
| Revenue CAGR (5Y) | 18.21% | 24.66% |
| EPS CAGR (5Y) | 7.77% | 8.20% |
| Total return CAGR (5Y) | 12.57% | 2.02% |
Frequently asked
- Which has the lower trailing P/E, RGLD or VICI?
- VICI has the lower trailing P/E: RGLD trades at 23.96 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, RGLD or VICI?
- Over the past five years, VICI grew revenue faster — RGLD at a 18.21% CAGR versus VICI at 24.66%.
- Does RGLD or VICI pay a bigger dividend?
- RGLD yields 0.93% and VICI yields 6.73% based on trailing dividends and the latest price.
- Is RGLD or VICI more profitable?
- VICI runs the higher net margin — RGLD at 48.53% versus VICI at 76.69%.
- How have RGLD and VICI total returns compared?
- Over the past 5 years, RGLD delivered 10.63% and VICI delivered 2.02% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Royal Gold P/E ratioVICI Properties P/E ratioRoyal Gold dividend yieldVICI Properties dividend yieldRoyal Gold ROEVICI Properties ROERoyal Gold operating marginVICI Properties operating marginRoyal Gold revenue growthVICI Properties revenue growthRoyal Gold free cash flowVICI Properties free cash flow
Royal Gold & 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.