VICI Properties Inc. (VICI) vs Wheaton Precious Metals Corp. (WPM)
A side-by-side comparison of VICI Properties Inc. and Wheaton Precious Metals Corp. 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: VICI is classified in Real Estate; WPM is classified in Basic Materials. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
VICI
VICI Properties Inc.
$27.10Real EstateDelayed quote: Jul 28, 2026, 4:02 PM EDT
WPM
Wheaton Precious Metals Corp.
$109.58Basic MaterialsDelayed quote: Jul 28, 2026, 4:00 PM EDT
Total return — VICI vs WPM
growth of $100 · dividends reinvested · last 9yVICI +127.4%WPM +507.6%WPM compounded faster
VICI WPM
VICI vs WPM: by the numbers
- •WPM is the larger company ($49.76B vs $28.97B market cap).
- •VICI trades at the lower trailing earnings multiple (9.16 vs 28.29 P/E), one valuation lens rather than an overall verdict.
- •VICI converts more revenue to profit (76.69% vs 65.55% net margin).
- •VICI grew revenue faster over the past five years (24.66% vs 18.70% CAGR).
- •VICI pays the higher dividend yield (6.73% vs 0.64%).
Metrics side by side
Valuation
| Metric | VICI | WPM |
|---|---|---|
| P/E ratio | 9.16 | 28.29 |
| Forward P/E | 9.08 | 22.70 |
| P/S ratio | 7.06 | 18.55 |
| P/B ratio | 1.01 | 5.50 |
| PEG ratio | 5.52 | 0.20 |
| EV / EBITDA | 11.46 | 21.42 |
| FCF yield | N/A | 1.95% |
Profitability
| Metric | VICI | WPM |
|---|---|---|
| Gross margin | 99.22% | 77.10% |
| Operating margin | 98.67% | 71.81% |
| Net margin | 76.69% | 65.55% |
| ROE | 11.01% | 19.41% |
| ROIC | 8.77% | 15.60% |
Dividends
| Metric | VICI | WPM |
|---|---|---|
| Dividend yield | 6.73% | 0.64% |
| Payout ratio | 68.97% | 21.82% |
Growth (annualized)
| Metric | VICI | WPM |
|---|---|---|
| Revenue CAGR (5Y) | 24.66% | 18.70% |
| EPS CAGR (5Y) | 8.20% | 22.63% |
| FCF CAGR (5Y) | N/A | -5.56% |
| Total return CAGR (5Y) | 2.02% | 20.67% |
Frequently asked
- Which has the lower trailing P/E, VICI or WPM?
- VICI has the lower trailing P/E: VICI trades at 9.16 and WPM at 28.29. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, VICI or WPM?
- Over the past five years, VICI grew revenue faster — VICI at a 24.66% CAGR versus WPM at 18.70%.
- Does VICI or WPM pay a bigger dividend?
- VICI yields 6.73% and WPM yields 0.64% based on trailing dividends and the latest price.
- Is VICI or WPM more profitable?
- VICI runs the higher net margin — VICI at 76.69% versus WPM at 65.55%.
- How have VICI and WPM total returns compared?
- Over the past 5 years, VICI delivered 2.02% and WPM delivered 16.42% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
VICI Properties P/E ratioWheaton Precious Metals P/E ratioVICI Properties dividend yieldWheaton Precious Metals dividend yieldVICI Properties ROEWheaton Precious Metals ROEVICI Properties operating marginWheaton Precious Metals operating marginVICI Properties revenue growthWheaton Precious Metals revenue growthVICI Properties free cash flowWheaton Precious Metals free cash flow
VICI Properties & Wheaton Precious Metals 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.