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VICI Properties Inc. (VICI) EBITDA Margin: 90.93%

Is VICI Properties Inc.’s EBITDA margin high or low?

VICI Properties Inc.'s EBITDA margin of 90.93% is in line with its 5-year average of 89.05%, near the high end of its 5-year range (64.69%–98.68%).

As of Friday, June 12, 2026. 0.87% below its 12-month average of 91.72%.

VICI EBITDA Margin Chart

VICI EBITDA Margin
90.93%-1.72% 1Y
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VICI Average EBITDA Margin Chart

VICI Current vs Average EBITDA Margin Chart

VICI EBITDA Margin Metrics

EBITDA MARGIN

90.93%

EBITDA MARGIN AVG TTM

91.72%

EBITDA MARGIN AVG 3Y

85.36%

EBITDA MARGIN AVG 5Y

89.05%

EBITDA MARGIN AVG 10Y

72.23%

EBITDA MARGIN AVG 15Y

67.51%

EBITDA MARGIN AVG 20Y

67.51%

CURRENT VS TTM AVG

-0.87%

CURRENT VS 3Y AVG

+6.52%

CURRENT VS 5Y AVG

+2.11%

CURRENT VS 10Y AVG

+25.89%

CURRENT VS 15Y AVG

+34.70%

CURRENT VS 20Y AVG

+34.70%

VICI Competitors' EBITDA Margin

NAMEMARKET CAPEBITDA MARGINTTM3Y5Y
VICI Properties Inc. (VICI)$30.60B90.93%91.72%85.36%89.05%
AvalonBay Communities, Inc. (AVB)$26.39B73.32%73.66%75.72%77.57%
SBA Communications Corporation (SBAC)$21.60B77.67%72.32%68.59%67.81%
Crown Castle Inc. (CCI)$40.17B64.88%22.99%40.76%45.81%
Ventas, Inc. (VTR)$40.78B38.37%38.85%40.07%42.73%
Kimco Realty Corporation (KIM)$17.37B75.83%68.91%69.43%72.10%
Federal Realty Investment Trust (FRT)$10.86B76.06%72.22%71.81%70.25%
Agree Realty Corporation (ADC)$8.98B85.89%86.97%87.53%87.34%
NNN REIT, Inc. (NNN)$8.77B92.90%94.22%93.96%91.16%
Terreno Realty Corporation (TRNO)$7.09B117.01%97.62%94.12%84.17%

Margin Comparison

Gross Margin

99.2%

EBITDA Margin

90.9%

Operating Margin

98.7%

Net Margin

76.7%

Formula: EBITDA Margin = (EBITDA / Revenue) × 100

Why EBITDA Margin matters:

  • Removes effects of depreciation policies (D&A)
  • Capital structure neutral (ignores interest)
  • Tax neutral (ignores tax differences)
  • Good proxy for operating cash generation

VICI Properties Inc. EBITDA Margin Formula & Definition

EBITDA Margin = EBITDA / Revenue

EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

VICI Properties Inc. EBITDA Margin FAQ

What is the EBITDA margin for VICI Properties Inc. (VICI)?
The EBITDA margin for VICI stock is 90.93%.
Is VICI Properties Inc.'s EBITDA margin high or low?
VICI Properties Inc.'s EBITDA margin of 90.93% is in line with its 5-year average of 89.05%, near the high end of its 5-year range (64.69%–98.68%).
What is the TTM average EBITDA margin for VICI Properties Inc. (VICI)?
The TTM average EBITDA margin for VICI stock is 91.72%.
What is the 3Y average EBITDA margin for VICI Properties Inc. (VICI)?
The 3Y average EBITDA margin for VICI stock is 85.36%.
What is the 5Y average EBITDA margin for VICI Properties Inc. (VICI)?
The 5Y average EBITDA margin for VICI stock is 89.05%.
What is the 10Y average EBITDA margin for VICI Properties Inc. (VICI)?
The 10Y average EBITDA margin for VICI stock is 72.23%.
What is the 15Y average EBITDA margin for VICI Properties Inc. (VICI)?
The 15Y average EBITDA margin for VICI stock is 67.51%.
What is the 20Y average EBITDA margin for VICI Properties Inc. (VICI)?
The 20Y average EBITDA margin for VICI stock is 67.51%.

VICI Properties Inc. EBITDA Margin History

DATEEBITDA MARGIN
2025-12-3190.93%
2024-12-3192.52%
2023-12-3193.32%
2022-12-3164.69%
2021-12-3194.17%
2020-12-3198.68%
2019-12-3190.32%
2018-12-3183.51%
2017-12-3154.18%
2016-12-3116.17%
2015-12-3116.04%
2014-12-3115.56%

About VICI Properties Inc.

VICI Properties functions as a specialized real estate investment trust dedicated to experiential properties. The company boasts an extensive collection of premier gaming, hospitality, and entertainment venues, notably including the globally recognized Caesars Palace. Its diverse and nationally distributed portfolio encompasses 29 gaming facilities, spanning over 48 million square feet. These sites collectively feature approximately 19,200 hotel rooms and more than 200 distinct dining, bar, and nightlife establishments. VICI's assets are leased to leading operators in the gaming and hospitality sectors, such as Caesars Entertainment, Century Casinos, Hard Rock International, JACK Entertainment, and Penn National Gaming. Beyond its core properties, VICI also holds four championship golf courses and possesses 34 acres of undeveloped land strategically located adjacent to the Las Vegas Strip. The company's fundamental objective is to cultivate the United States' most valuable and high-performing experiential real estate portfolio.

New York City, NY
27 employees
Real Estate / REIT - Specialty
Sector
Real Estate
Industry
REIT - Specialty
CEO
Edward Baltazar Pitoniak