Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EBITDA margin high or low?
The EBITDA margin of 107.59% is 22% above its 5-year average of 87.85%, near the high end of its 5-year range (11.70%–110.12%).
As of the fiscal period ended Tuesday, March 31, 2026. 13.97% above its 12-month average of 94.40%.
Reported quarterly EBITDA margin; no daily interpolation.
EBITDA MARGIN
107.59%
EBITDA MARGIN AVG TTM
94.40%
EBITDA MARGIN AVG 3Y
93.17%
EBITDA MARGIN AVG 5Y
91.66%
EBITDA MARGIN AVG 10Y
78.96%
EBITDA MARGIN AVG 15Y
N/A
EBITDA MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+13.97%
CURRENT VS 3Y AVG
+15.47%
CURRENT VS 5Y AVG
+17.38%
CURRENT VS 10Y AVG
+36.26%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
VICI Properties Inc.
Market Cap
$28.60B
EBITDA Margin
107.59%
TTM Avg
94.40%
3Y Avg
93.17%
5Y Avg
91.66%
Market Cap
$26.65B
EBITDA Margin
60.13%
TTM Avg
60.31%
3Y Avg
60.97%
5Y Avg
60.87%
Market Cap
$31.33B
EBITDA Margin
65.26%
TTM Avg
64.11%
3Y Avg
65.05%
5Y Avg
66.74%
Market Cap
$25.21B
EBITDA Margin
69.01%
TTM Avg
81.33%
3Y Avg
87.53%
5Y Avg
89.22%
Market Cap
$32.39B
EBITDA Margin
64.90%
TTM Avg
23.32%
3Y Avg
41.21%
5Y Avg
46.96%
Market Cap
$37.78B
EBITDA Margin
35.21%
TTM Avg
33.34%
3Y Avg
33.29%
5Y Avg
34.40%
Market Cap
$18.68B
EBITDA Margin
75.85%
TTM Avg
74.08%
3Y Avg
71.66%
5Y Avg
71.25%
Market Cap
$18.31B
EBITDA Margin
65.59%
TTM Avg
64.62%
3Y Avg
62.93%
5Y Avg
63.50%
Market Cap
$17.79B
EBITDA Margin
64.12%
TTM Avg
62.32%
3Y Avg
62.47%
5Y Avg
61.04%
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| VICI Properties Inc. (VICI) | $28.60B | 107.59% | 94.40% | 93.17% | 91.66% |
| AvalonBay Communities, Inc. (AVB)vs › | $26.65B | 60.13% | 60.31% | 60.97% | 60.87% |
| Extra Space Storage Inc. (EXR)vs › | $31.33B | 65.26% | 64.11% | 65.05% | 66.74% |
| Equity Residential (EQR)vs › | $25.21B | 69.01% | 81.33% | 87.53% | 89.22% |
| Crown Castle Inc. (CCI)vs › | $32.39B | 64.90% | 23.32% | 41.21% | 46.96% |
| Iron Mountain Incorporated (IRM)vs › | $37.78B | 35.21% | 33.34% | 33.29% | 34.40% |
| Essex Property Trust, Inc. (ESS)vs › | $18.68B | 75.85% | 74.08% | 71.66% | 71.25% |
| SBA Communications Corporation (SBAC)vs › | $18.31B | 65.59% | 64.62% | 62.93% | 63.50% |
| Kimco Realty Corporation (KIM)vs › | $17.79B | 64.12% | 62.32% | 62.47% | 61.04% |
| Invitation Homes Inc. (INVH)vs › | $17.60B | 54.52% | 55.05% | 56.05% | 56.24% |
Gross Margin
99.2%
EBITDA Margin
107.6%
Operating Margin
98.7%
Net Margin
76.7%
Formula: EBITDA Margin = (EBITDA / Revenue) × 100
Why EBITDA Margin matters:
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
| DATE | EBITDA MARGIN |
|---|---|
| 2026-03-31 | 107.59% |
| 2025-12-31 | 80.40% |
| 2025-09-30 | 97.02% |
| 2025-06-30 | 110.12% |
| 2025-03-31 | 76.87% |
| 2024-12-31 | 85.52% |
| 2024-09-30 | 98.86% |
| 2024-06-30 | 100.11% |
| 2024-03-31 | 84.35% |
| 2023-12-31 | 102.31% |
| 2023-09-30 | 85.08% |
| 2023-06-30 | 100.15% |
| 2023-03-31 | 82.82% |
| 2022-12-31 | 98.94% |
| 2022-09-30 | 64.36% |
| 2022-06-30 | 11.70% |
| 2022-03-31 | 75.05% |
| 2021-12-31 | 93.03% |
| 2021-09-30 | 92.15% |
| 2021-06-30 | 102.46% |
| 2021-03-31 | 95.94% |
| 2020-12-31 | 99.17% |
| 2020-09-30 | 41.39% |
| 2020-06-30 | 120.14% |
| 2020-03-31 | 34.86% |
| 2019-12-31 | 95.83% |
| 2019-09-30 | 94.10% |
| 2019-06-30 | 93.55% |
| 2019-03-31 | 94.76% |
| 2018-12-31 | 86.98% |
| 2018-09-30 | 79.52% |
| 2018-06-30 | 86.15% |
| 2018-03-31 | 86.88% |
| 2017-12-31 | 77.26% |
| 2017-09-30 | 39.05% |
| 2017-06-30 | 31.26% |
| 2017-03-31 | 34.75% |
| 2016-12-31 | 16.67% |
| 2016-09-30 | 18.14% |
| 2016-06-30 | 14.41% |
| 2016-03-31 | 15.73% |
