Block, Inc. (SQ) vs VICI Properties Inc. (VICI)
A side-by-side comparison of Block, 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: SQ is classified in Technology; VICI is classified in Real Estate. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
SQ
Block, Inc.
$88.67TechnologyAt close: Jan 24, 2025, 4:00 PM ET
VICI
VICI Properties Inc.
$27.10Real EstateDelayed quote: Jul 28, 2026, 4:02 PM EDT
Total return — SQ vs VICI
growth of $100 · dividends reinvested · last 7ySQ +171.2%VICI +130.1%SQ compounded faster
SQ VICI
SQ vs VICI: by the numbers
- •SQ is the larger company ($51.73B vs $28.97B market cap).
- •VICI trades at the lower trailing earnings multiple (9.16 vs 49.81 P/E), one valuation lens rather than an overall verdict.
- •VICI is profitable (76.69% net margin) while SQ runs a net loss (-2.04%).
- •VICI grew revenue faster over the past five years (24.66% vs 13.19% CAGR).
- •VICI pays a dividend (6.73% yield), while SQ has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | SQ | VICI |
|---|---|---|
| P/E ratio | 49.81 | 9.16 |
| Forward P/E | N/A | 9.08 |
| P/S ratio | 2.35 | 7.06 |
| P/B ratio | 2.82 | 1.01 |
| PEG ratio | 2.00 | 5.52 |
| EV / EBITDA | 38.29 | 11.46 |
| FCF yield | 1.28% | N/A |
Profitability
| Metric | SQ | VICI |
|---|---|---|
| Gross margin | 44.85% | 99.22% |
| Operating margin | 4.93% | 98.67% |
| Net margin | -2.04% | 76.69% |
| ROE | -2.30% | 11.01% |
| ROIC | -12.82% | 8.77% |
Dividends
| Metric | SQ | VICI |
|---|---|---|
| Dividend yield | N/A | 6.73% |
| Payout ratio | N/A | 68.97% |
Growth (annualized)
| Metric | SQ | VICI |
|---|---|---|
| Revenue CAGR (5Y) | 13.19% | 24.66% |
| EPS CAGR (5Y) | 34.72% | 8.20% |
| FCF CAGR (5Y) | 64.00% | N/A |
| Total return CAGR (5Y) | 4.50% | 2.02% |
Frequently asked
- Which has the lower trailing P/E, SQ or VICI?
- VICI has the lower trailing P/E: SQ trades at 49.81 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, SQ or VICI?
- Over the past five years, VICI grew revenue faster — SQ at a 13.19% CAGR versus VICI at 24.66%.
- Does SQ or VICI pay a bigger dividend?
- VICI pays a dividend (6.73% yield), while SQ has no payments in the available dividend history.
- Is SQ or VICI more profitable?
- VICI runs the higher net margin — SQ at -2.04% versus VICI at 76.69%.
- How have SQ and VICI total returns compared?
- Over the past 5 years, SQ delivered 4.50% and VICI delivered 2.02% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Block P/E ratioVICI Properties P/E ratioBlock dividend yieldVICI Properties dividend yieldBlock ROEVICI Properties ROEBlock operating marginVICI Properties operating marginBlock revenue growthVICI Properties revenue growthBlock free cash flowVICI Properties free cash flow
Block & 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.