Vici Properties annual operating margin
2017
2018
2019
2020
2022
2023
2024
2025
Vici Properties Operating Margin Growth & History (VICI)
Vici Properties's operating margin was 91.24% for fiscal 2025.
View full Vici Properties company overviewVici Properties annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 91.24% | −0.85 pp |
| 2024 | 2024-12-31 | 92.10% | −0.51 pp |
| 2023 | 2023-12-31 | 92.60% | +29.83 pp |
| 2022 | 2022-12-31 | 62.77% | — |
| 2020 | 2020-12-31 | 26.19% | +20.35 pp |
| 2019 | 2019-12-31 | 5.84% | −9.75 pp |
| 2018 | 2018-12-31 | 15.59% | −61.27 pp |
| 2017 | 2017-12-31 | 76.86% | — |
Vici Properties quarterly operating margin
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 70.35% | −39.69 pp |
| Q1 2026 | 2026-03-31 | 107.51% | — |
| Q4 2025 | 2025-12-31 | 80.33% | — |
| Q3 2025 | 2025-09-30 | 97.67% | — |
| Q2 2025 | 2025-06-30 | 110.04% | — |
| Q4 2020 | 2020-12-31 | −57.72% | −153.19 pp |
| Q3 2020 | 2020-09-30 | 41.13% | −52.52 pp |
| Q2 2020 | 2020-06-30 | 119.67% | +26.58 pp |
| Q1 2020 | 2020-03-31 | 34.52% | −59.81 pp |
| Q4 2019 | 2019-12-31 | 95.46% | +8.89 pp |
| Q3 2019 | 2019-09-30 | 93.65% | +14.53 pp |
| Q2 2019 | 2019-06-30 | 93.09% | +7.36 pp |
| Q1 2019 | 2019-03-31 | 94.33% | +7.87 pp |
| Q4 2018 | 2018-12-31 | 86.57% | +9.71 pp |
| Q3 2018 | 2018-09-30 | 79.12% | — |
| Q2 2018 | 2018-06-30 | 85.73% | — |
| Q1 2018 | 2018-03-31 | 86.46% | — |
| Q4 2017 | 2017-12-31 | 76.86% | — |
Vici Properties operating margin trends
Over the last five fiscal years, Vici Properties's operating margin increased from 26.19% to 91.24%, a change of +65.05 percentage points. The latest reported quarter, Q2 2026, shows 70.35%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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