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Net margin at other companies

Realty Income logo
Realty IncomeO
19.1%+0.9pp
W.P. Carey Inc. logo
W.P. Carey Inc.WPC
29.3%+2.7pp
Host Hotels & Resorts logo
Host Hotels & ResortsHST
16.4%+4.7pp
Invitation Homes logo
Invitation HomesINVH
20.9%+2.9pp
AvalonBay Communities logo
AvalonBay CommunitiesAVB
37.4%-1.5pp
Las Vegas Sands logo
Las Vegas SandsLVS
13.4%+1.8pp

Other financials

Income statement

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Revenue$1.0B+3.5%
Gross profit$1.0B+3.5%
Net income$872.4M+60.5%
EPS (diluted)$0.82+60.8%

Balance sheet

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Cash & equivalents$480.2M+43.6%
Total debt$19.2B-1.6%
Total equity$28.2B+5.9%
Total assets$47.1B+3.4%

Cash flow

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Operating cash flow$631.9M+6.8%
CapEx$628.0K+303%
Free cash flow$631.2M+6.7%

Valuation

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Market cap$29.32B-15.3%
Enterprise value$48.01B-10.7%
P/E9.5×-3.7×
P/S7.3×-1.7×

Profitability

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Gross margin99.3%0.0pp
Operating margin70%

Returns & leverage

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Return on equity11.3%+1.2pp
Debt / equity0.7×-0.1×

Where this comes from

Calculated from VICI Properties Inc.’s reported figures.

Based on trailing twelve months.

The official record: VICI Properties Inc.’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is VICI Properties Inc.'s net margin?
VICI Properties Inc. (VICI) reported net margin of 76.8% in Q1 2026.
How has VICI Properties Inc.'s net margin changed year-over-year?
VICI Properties Inc.'s net margin increased by 13.3% year-over-year, from 67.8% to 76.8%.
What is the long-term trend for VICI Properties Inc.'s net margin?
Over 4 years (2021 to 2025), VICI Properties Inc.'s net margin has grown at a -8.0% compound annual growth rate (CAGR), from 387.2% to 277.5%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.