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EPR vs VICI
Revenue, margins, valuation, and 5-year total return — side by side.
REIT - Diversified
EPR vs VICI — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | REIT - Specialty | REIT - Diversified |
| Market Cap | $4.31B | $30.62B |
| Revenue (TTM) | $700M | $4.05B |
| Net Income (TTM) | $272M | $3.10B |
| Gross Margin | 81.2% | 99.2% |
| Operating Margin | 58.3% | 98.7% |
| Forward P/E | 18.7x | 10.0x |
| Total Debt | $3.14B | $0.00 |
| Cash & Equiv. | $99M | $563M |
EPR vs VICI — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| EPR Properties (EPR) | 100 | 178.4 | +78.4% |
| VICI Properties Inc. (VICI) | 100 | 146.0 | +46.0% |
Price return only. Dividends and distributions are not included.
Quick Verdict: EPR vs VICI
Each card shows where this stock fits in a portfolio — not just who wins on paper.
EPR is the clearest fit if your priority is growth exposure.
- Rev growth 12.1%, EPS growth 105.0%, 3Y rev CAGR 5.6%
- 12.1% FFO/revenue growth vs VICI's 4.1%
- 6.7% yield, 4-year raise streak, vs VICI's 6.1%
VICI carries the broadest edge in this set and is the clearest fit for income & stability and long-term compounding.
- Dividend streak 8 yrs, beta 0.22, yield 6.1%
- 118.2% 10Y total return vs EPR's 26.9%
- Lower volatility, beta 0.22, current ratio 2.55x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 12.1% FFO/revenue growth vs VICI's 4.1% | |
| Value | Lower P/E (10.0x vs 18.7x) | |
| Quality / Margins | 76.7% margin vs EPR's 38.8% | |
| Stability / Safety | Beta 0.22 vs EPR's 0.35 | |
| Dividends | 6.7% yield, 4-year raise streak, vs VICI's 6.1% | |
| Momentum (1Y) | +19.3% vs VICI's -3.5% | |
| Efficiency (ROA) | 6.7% ROA vs EPR's 4.8%, ROIC 7.6% vs 5.3% |
EPR vs VICI — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
EPR vs VICI — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
VICI leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
VICI is the larger business by revenue, generating $4.0B annually — 5.8x EPR's $700M. VICI is the more profitable business, keeping 76.7% of every revenue dollar as net income compared to EPR's 38.8%. On growth, EPR holds the edge at +10.9% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $700M | $4.0B |
| EBITDAEarnings before interest/tax | $582M | $4.0B |
| Net IncomeAfter-tax profit | $272M | $3.1B |
| Free Cash FlowCash after capex | $322M | $2.5B |
| Gross MarginGross profit ÷ Revenue | +81.2% | +99.2% |
| Operating MarginEBIT ÷ Revenue | +58.3% | +98.7% |
| Net MarginNet income ÷ Revenue | +38.8% | +76.7% |
| FCF MarginFCF ÷ Revenue | +45.9% | +63.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | +10.9% | +3.5% |
| EPS Growth (YoY)Latest quarter vs prior year | -5.1% | +60.8% |
Valuation Metrics
VICI leads this category, winning 4 of 6 comparable metrics.
Valuation Metrics
At 11.0x trailing earnings, VICI trades at a 36% valuation discount to EPR's 17.2x P/E. On an enterprise value basis, VICI's 8.2x EV/EBITDA is more attractive than EPR's 13.5x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $4.3B | $30.6B |
| Enterprise ValueMkt cap + debt − cash | $7.4B | $30.1B |
| Trailing P/EPrice ÷ TTM EPS | 17.17x | 10.98x |
| Forward P/EPrice ÷ next-FY EPS est. | 18.71x | 10.02x |
| PEG RatioP/E ÷ EPS growth rate | — | 1.32x |
| EV / EBITDAEnterprise value multiple | 13.46x | 8.23x |
| Price / SalesMarket cap ÷ Revenue | 6.00x | 7.64x |
| Price / BookPrice ÷ Book value/share | 1.85x | 1.08x |
| Price / FCFMarket cap ÷ FCF | 10.24x | 12.21x |
Profitability & Efficiency
VICI leads this category, winning 6 of 8 comparable metrics.
Profitability & Efficiency
EPR delivers a 11.7% return on equity — every $100 of shareholder capital generates $12 in annual profit, vs $11 for VICI. On the Piotroski fundamental quality scale (0–9), EPR scores 5/9 vs VICI's 4/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +11.7% | +11.0% |
| ROA (TTM)Return on assets | +4.8% | +6.7% |
| ROICReturn on invested capital | +5.3% | +7.6% |
| ROCEReturn on capital employed | +7.2% | +8.0% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 4 |
| Debt / EquityFinancial leverage | 1.35x | — |
| Net DebtTotal debt minus cash | $3.0B | -$563M |
| Cash & Equiv.Liquid assets | $99M | $563M |
| Total DebtShort + long-term debt | $3.1B | $0 |
| Interest CoverageEBIT ÷ Interest expense | 3.08x | 4.45x |
Total Returns (Dividends Reinvested)
EPR leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in EPR five years ago would be worth $15,000 today (with dividends reinvested), compared to $11,893 for VICI. Over the past 12 months, EPR leads with a +19.3% total return vs VICI's -3.5%. The 3-year compound annual growth rate (CAGR) favors EPR at 16.3% vs VICI's 0.8% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +13.4% | +3.4% |
| 1-Year ReturnPast 12 months | +19.3% | -3.5% |
| 3-Year ReturnCumulative with dividends | +57.4% | +2.4% |
| 5-Year ReturnCumulative with dividends | +50.0% | +18.9% |
| 10-Year ReturnCumulative with dividends | +26.9% | +118.2% |
| CAGR (3Y)Annualised 3-year return | +16.3% | +0.8% |
Risk & Volatility
Evenly matched — EPR and VICI each lead in 1 of 2 comparable metrics.
Risk & Volatility
VICI is the less volatile stock with a 0.22 beta — it tends to amplify market swings less than EPR's 0.35 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. EPR currently trades 90.7% from its 52-week high vs VICI's 84.2% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.35x | 0.22x |
| 52-Week HighHighest price in past year | $62.08 | $34.01 |
| 52-Week LowLowest price in past year | $48.11 | $26.55 |
| % of 52W HighCurrent price vs 52-week peak | +90.7% | +84.2% |
| RSI (14)Momentum oscillator 0–100 | 55.7 | 48.7 |
| Avg Volume (50D)Average daily shares traded | 817K | 7.6M |
Analyst Outlook
Evenly matched — EPR and VICI each lead in 1 of 2 comparable metrics.
Analyst Outlook
Wall Street rates EPR as "Hold" and VICI as "Buy". Consensus price targets imply 11.7% upside for VICI (target: $32) vs 5.0% for EPR (target: $59). For income investors, EPR offers the higher dividend yield at 6.75% vs VICI's 6.09%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy |
| Price TargetConsensus 12-month target | $59.13 | $32.00 |
| # AnalystsCovering analysts | 21 | 26 |
| Dividend YieldAnnual dividend ÷ price | +6.7% | +6.1% |
| Dividend StreakConsecutive years of raises | 4 | 8 |
| Dividend / ShareAnnual DPS | $3.80 | $1.74 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.2% | 0.0% |
VICI leads in 3 of 6 categories (Income & Cash Flow, Valuation Metrics). EPR leads in 1 (Total Returns). 2 tied.
EPR vs VICI: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is EPR or VICI a better buy right now?
For growth investors, EPR Properties (EPR) is the stronger pick with 12.
1% revenue growth year-over-year, versus 4. 1% for VICI Properties Inc. (VICI). VICI Properties Inc. (VICI) offers the better valuation at 11. 0x trailing P/E (10. 0x forward), making it the more compelling value choice. Analysts rate VICI Properties Inc. (VICI) a "Buy" — based on 26 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — EPR or VICI?
On trailing P/E, VICI Properties Inc.
(VICI) is the cheapest at 11. 0x versus EPR Properties at 17. 2x. On forward P/E, VICI Properties Inc. is actually cheaper at 10. 0x.
03Which is the better long-term investment — EPR or VICI?
Over the past 5 years, EPR Properties (EPR) delivered a total return of +50.
0%, compared to +18. 9% for VICI Properties Inc. (VICI). Over 10 years, the gap is even starker: VICI returned +118. 2% versus EPR's +26. 9%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — EPR or VICI?
By beta (market sensitivity over 5 years), VICI Properties Inc.
(VICI) is the lower-risk stock at 0. 22β versus EPR Properties's 0. 35β — meaning EPR is approximately 61% more volatile than VICI relative to the S&P 500.
05Which is growing faster — EPR or VICI?
By revenue growth (latest reported year), EPR Properties (EPR) is pulling ahead at 12.
1% versus 4. 1% for VICI Properties Inc. (VICI). On earnings-per-share growth, the picture is similar: EPR Properties grew EPS 105. 0% year-over-year, compared to 2. 0% for VICI Properties Inc.. Over a 3-year CAGR, VICI leads at 15. 5% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — EPR or VICI?
VICI Properties Inc.
(VICI) is the more profitable company, earning 69. 3% net margin versus 38. 3% for EPR Properties — meaning it keeps 69. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: VICI leads at 91. 1% versus 52. 5% for EPR. At the gross margin level — before operating expenses — VICI leads at 99. 2%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is EPR or VICI more undervalued right now?
On forward earnings alone, VICI Properties Inc.
(VICI) trades at 10. 0x forward P/E versus 18. 7x for EPR Properties — 8. 7x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for VICI: 11. 7% to $32. 00.
08Which pays a better dividend — EPR or VICI?
All stocks in this comparison pay dividends.
EPR Properties (EPR) offers the highest yield at 6. 7%, versus 6. 1% for VICI Properties Inc. (VICI).
09Is EPR or VICI better for a retirement portfolio?
For long-horizon retirement investors, VICI Properties Inc.
(VICI) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 22), 6. 1% yield, +118. 2% 10Y return). Both have compounded well over 10 years (VICI: +118. 2%, EPR: +26. 9%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between EPR and VICI?
Both stocks operate in the Real Estate sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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