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VICI Properties Inc. (VICI) Operating Margin: 98.67%

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

VICI Properties Inc.'s operating margin of 98.67% is 16% above its 5-year average of 84.79%, near the high end of its 5-year range (62.77%–98.67%).

As of Thursday, June 11, 2026. 7.75% above its 12-month average of 91.57%.

VICI Operating Margin Chart

VICI Operating Margin
91.05%-1.14% 1Y
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VICI Average Operating Margin Chart

VICI Current vs Average Operating Margin Chart

VICI Operating Margin Metrics

OPERATING MARGIN

98.67%

OPERATING MARGIN AVG TTM

91.57%

OPERATING MARGIN AVG 3Y

84.63%

OPERATING MARGIN AVG 5Y

84.79%

OPERATING MARGIN AVG 10Y

69.00%

OPERATING MARGIN AVG 15Y

63.27%

OPERATING MARGIN AVG 20Y

63.27%

CURRENT VS TTM AVG

+7.75%

CURRENT VS 3Y AVG

+16.59%

CURRENT VS 5Y AVG

+16.37%

CURRENT VS 10Y AVG

+43.00%

CURRENT VS 15Y AVG

+55.95%

CURRENT VS 20Y AVG

+55.95%

VICI Competitors' Operating Margin

NAMEMARKET CAPOPERATING MARGINTTM3Y5Y
VICI Properties Inc. (VICI)$30.27B98.67%91.57%84.63%84.79%
Crown Castle Inc. (CCI)$40.04B48.01%2.01%18.16%22.69%
Federal Realty Investment Trust (FRT)$10.77B41.58%37.61%40.03%39.38%
Agree Realty Corporation (ADC)$9.14B48.03%48.18%48.61%50.68%
NNN REIT, Inc. (NNN)$8.91B63.13%64.00%64.37%62.66%
Terreno Realty Corporation (TRNO)$7.09B40.81%39.54%40.06%43.51%
Public Storage (PSA)$56.58B50.85%46.80%49.20%49.19%
Realty Income Corporation (O)$58.04B29.27%36.16%38.42%41.26%
Digital Realty Trust, Inc. (DLR)$63.56B14.61%9.63%10.35%11.89%
Simon Property Group, Inc. (SPG)$69.34B48.28%50.88%50.05%48.36%

Operating Efficiency

Gross Margin

99.2%

Operating Margin

98.7%

VICI Properties Inc. Operating Margin Formula & Definition

Operating Margin = Operating Income / Revenue

Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

VICI Properties Inc. Operating Margin FAQ

What is the operating margin for VICI Properties Inc. (VICI)?
The operating margin for VICI stock is 98.67%.
Is VICI Properties Inc.'s operating margin high or low?
VICI Properties Inc.'s operating margin of 98.67% is 16% above its 5-year average of 84.79%, near the high end of its 5-year range (62.77%–98.67%).
What is the TTM average operating margin for VICI Properties Inc. (VICI)?
The TTM average operating margin for VICI stock is 91.57%.
What is the 3Y average operating margin for VICI Properties Inc. (VICI)?
The 3Y average operating margin for VICI stock is 84.63%.
What is the 5Y average operating margin for VICI Properties Inc. (VICI)?
The 5Y average operating margin for VICI stock is 84.79%.
What is the 10Y average operating margin for VICI Properties Inc. (VICI)?
The 10Y average operating margin for VICI stock is 69.00%.
What is the 15Y average operating margin for VICI Properties Inc. (VICI)?
The 15Y average operating margin for VICI stock is 63.27%.
What is the 20Y average operating margin for VICI Properties Inc. (VICI)?
The 20Y average operating margin for VICI stock is 63.27%.

VICI Properties Inc. Operating Margin History

DATEOPERATING MARGIN
2025-12-3191.05%
2024-12-3192.10%
2023-12-3192.60%
2022-12-3162.77%
2021-12-3195.68%
2020-12-3174.52%
2019-12-3194.16%
2018-12-3184.41%
2017-12-3171.58%
2016-12-310.04%
2015-12-310.10%
2014-12-310.21%

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