Seek Returns logo

AMT vs. VICI: A Head-to-Head Stock Comparison

Updated on

Here’s a clear look at AMT and VICI, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Overview

AMT’s market capitalization of 103.81 billion USD is substantially larger than VICI’s 35.33 billion USD, indicating a significant difference in their market valuations.

With betas of 0.83 for AMT and 0.72 for VICI, both stocks show similar sensitivity to overall market movements.

SymbolAMTVICI
Company NameAmerican Tower CorporationVICI Properties Inc.
CountryUSUS
SectorReal EstateReal Estate
IndustryREIT - SpecialtyREIT - Diversified
CEOSteven O. VondranEdward Baltazar Pitoniak
Price221.75 USD33.43 USD
Market Cap103.81 billion USD35.33 billion USD
Beta0.830.72
ExchangeNYSENYSE
IPO DateFebruary 27, 1998January 2, 2018
ADRNoNo

Historical Performance

This chart compares the performance of AMT and VICI by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period.

Data is adjusted for dividends and splits.

AMT vs. VICI: Growth of a $10,000 investment over the past one year.

Profitability

Return on Equity

AMT

50.68%

REIT - Specialty Industry

Max
37.06%
Q3
18.93%
Median
6.30%
Q1
-0.13%
Min
-15.30%

Return on Equity is often not a primary performance indicator in the REIT - Specialty industry.

VICI

10.03%

REIT - Diversified Industry

Max
10.03%
Q3
6.19%
Median
5.03%
Q1
2.94%
Min
-0.97%

Return on Equity is often not a primary performance indicator in the REIT - Diversified industry.

AMT vs. VICI: A comparison of their ROE against their respective REIT - Specialty and REIT - Diversified industry benchmarks.

Return on Invested Capital

AMT

7.12%

REIT - Specialty Industry

Max
13.73%
Q3
9.56%
Median
7.01%
Q1
4.47%
Min
3.05%

Return on Invested Capital is often not a primary measure of capital efficiency in the REIT - Specialty industry.

VICI

7.78%

REIT - Diversified Industry

Max
7.78%
Q3
5.45%
Median
3.93%
Q1
2.24%
Min
0.18%

Return on Invested Capital is often not a primary measure of capital efficiency in the REIT - Diversified industry.

AMT vs. VICI: A comparison of their ROIC against their respective REIT - Specialty and REIT - Diversified industry benchmarks.

Net Profit Margin

AMT

17.34%

REIT - Specialty Industry

Max
50.00%
Q3
26.13%
Median
14.60%
Q1
4.75%
Min
1.95%

In the REIT - Specialty industry, Net Profit Margin is often not the primary profitability metric.

VICI

67.81%

REIT - Diversified Industry

Max
44.58%
Q3
27.05%
Median
17.57%
Q1
2.98%
Min
-28.71%

In the REIT - Diversified industry, Net Profit Margin is often not the primary profitability metric.

AMT vs. VICI: A comparison of their Net Profit Margin against their respective REIT - Specialty and REIT - Diversified industry benchmarks.

Operating Profit Margin

AMT

45.66%

REIT - Specialty Industry

Max
73.20%
Q3
47.39%
Median
32.80%
Q1
16.51%
Min
8.59%

In the REIT - Specialty industry, Operating Profit Margin is often not the primary measure of operational efficiency.

VICI

90.10%

REIT - Diversified Industry

Max
64.12%
Q3
37.88%
Median
34.83%
Q1
20.01%
Min
1.58%

In the REIT - Diversified industry, Operating Profit Margin is often not the primary measure of operational efficiency.

AMT vs. VICI: A comparison of their Operating Margin against their respective REIT - Specialty and REIT - Diversified industry benchmarks.

Profitability at a Glance

SymbolAMTVICI
Return on Equity (TTM)50.68%10.03%
Return on Assets (TTM)2.94%5.78%
Return on Invested Capital (TTM)7.12%7.78%
Net Profit Margin (TTM)17.34%67.81%
Operating Profit Margin (TTM)45.66%90.10%
Gross Profit Margin (TTM)68.44%99.29%

Financial Strength

Current Ratio

AMT

0.55

REIT - Specialty Industry

Max
4.07
Q3
2.38
Median
1.43
Q1
0.59
Min
0.19

For the REIT - Specialty industry, the Current Ratio is often not the most suitable measure of short-term liquidity.

VICI

31.78

REIT - Diversified Industry

Max
7.08
Q3
6.80
Median
3.83
Q1
0.88
Min
0.18

For the REIT - Diversified industry, the Current Ratio is often not the most suitable measure of short-term liquidity.

AMT vs. VICI: A comparison of their Current Ratio against their respective REIT - Specialty and REIT - Diversified industry benchmarks.

Debt-to-Equity Ratio

AMT

12.56

REIT - Specialty Industry

Max
2.76
Q3
1.56
Median
1.11
Q1
0.55
Min
0.42

With a Debt-to-Equity Ratio of 12.56, AMT operates with exceptionally high leverage compared to the REIT - Specialty industry norm. This suggests an aggressive reliance on debt financing, which can magnify returns but also significantly elevates financial risk.

VICI

0.67

REIT - Diversified Industry

Max
2.29
Q3
1.72
Median
1.41
Q1
0.67
Min
0.17

VICI’s Debt-to-Equity Ratio of 0.67 is typical for the REIT - Diversified industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

AMT vs. VICI: A comparison of their D/E Ratio against their respective REIT - Specialty and REIT - Diversified industry benchmarks.

Interest Coverage Ratio

AMT

3.51

REIT - Specialty Industry

Max
3.62
Q3
3.44
Median
3.01
Q1
2.44
Min
1.17

AMT’s Interest Coverage Ratio of 3.51 is in the upper quartile for the REIT - Specialty industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.

VICI

4.21

REIT - Diversified Industry

Max
4.91
Q3
2.93
Median
1.87
Q1
0.83
Min
0.10

VICI’s Interest Coverage Ratio of 4.21 is in the upper quartile for the REIT - Diversified industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.

AMT vs. VICI: A comparison of their Interest Coverage against their respective REIT - Specialty and REIT - Diversified industry benchmarks.

Financial Strength at a Glance

SymbolAMTVICI
Current Ratio (TTM)0.5531.78
Quick Ratio (TTM)0.5531.78
Debt-to-Equity Ratio (TTM)12.560.67
Debt-to-Asset Ratio (TTM)0.720.39
Net Debt-to-EBITDA Ratio (TTM)5.684.98
Interest Coverage Ratio (TTM)3.514.21

Growth

The following charts compare key year-over-year (YoY) growth metrics for AMT and VICI. These metrics are based on the companies’ annual financial reports.

Revenue Growth

AMT vs. VICI: A comparison of their annual year-over-year Revenue Growth.

Earnings Per Share (EPS) Growth

AMT vs. VICI: A comparison of their annual year-over-year Earnings Per Share (EPS) Growth.

Free Cash Flow Growth

AMT vs. VICI: A comparison of their annual year-over-year Free Cash Flow Growth.

Dividend

Dividend Yield

AMT

2.99%

REIT - Specialty Industry

Max
13.18%
Q3
6.30%
Median
4.63%
Q1
2.61%
Min
0.00%

AMT’s Dividend Yield of 2.99% is consistent with its peers in the REIT - Specialty industry, providing a dividend return that is standard for its sector.

VICI

5.17%

REIT - Diversified Industry

Max
13.52%
Q3
8.41%
Median
6.75%
Q1
4.49%
Min
0.39%

VICI’s Dividend Yield of 5.17% is consistent with its peers in the REIT - Diversified industry, providing a dividend return that is standard for its sector.

AMT vs. VICI: A comparison of their Dividend Yield against their respective REIT - Specialty and REIT - Diversified industry benchmarks.

Dividend Payout Ratio

AMT

124.45%

REIT - Specialty Industry

Max
667.77%
Q3
177.73%
Median
119.02%
Q1
86.06%
Min
0.14%

AMT’s Dividend Payout Ratio of 124.45% is above 100%. This means the company is paying out more in dividends than it earned, a practice that is often unsustainable and could indicate a risk to future dividend stability.

VICI

50.08%

REIT - Diversified Industry

Max
465.91%
Q3
180.11%
Median
104.95%
Q1
57.51%
Min
48.53%

VICI’s Dividend Payout Ratio of 50.08% is in the lower quartile for the REIT - Diversified industry. This suggests a conservative dividend policy, with a strategic focus on reinvesting profits for future growth.

AMT vs. VICI: A comparison of their Payout Ratio against their respective REIT - Specialty and REIT - Diversified industry benchmarks.

Dividend at a Glance

SymbolAMTVICI
Dividend Yield (TTM)2.99%5.17%
Dividend Payout Ratio (TTM)124.45%50.08%

Valuation

Price-to-Earnings Ratio

AMT

56.78

REIT - Specialty Industry

Max
82.59
Q3
54.68
Median
29.28
Q1
15.94
Min
8.64

The P/E Ratio is often not the primary metric for valuation in the REIT - Specialty industry.

VICI

13.41

REIT - Diversified Industry

Max
32.42
Q3
29.94
Median
24.50
Q1
15.48
Min
10.80

The P/E Ratio is often not the primary metric for valuation in the REIT - Diversified industry.

AMT vs. VICI: A comparison of their P/E Ratio against their respective REIT - Specialty and REIT - Diversified industry benchmarks.

Forward P/E to Growth Ratio

AMT

4.98

REIT - Specialty Industry

Max
12.06
Q3
5.37
Median
2.44
Q1
0.82
Min
0.51

The Forward PEG Ratio is often not a primary valuation metric in the REIT - Specialty industry.

VICI

-0.13

REIT - Diversified Industry

Max
1.61
Q3
1.61
Median
0.98
Q1
0.42
Min
0.01

The Forward PEG Ratio is often not a primary valuation metric in the REIT - Diversified industry.

AMT vs. VICI: A comparison of their Forward PEG Ratio against their respective REIT - Specialty and REIT - Diversified industry benchmarks.

Price-to-Sales Ratio

AMT

9.86

REIT - Specialty Industry

Max
9.68
Q3
8.45
Median
5.59
Q1
2.71
Min
0.89

With a P/S Ratio of 9.86, AMT trades at a valuation that eclipses even the highest in the REIT - Specialty industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.

VICI

9.10

REIT - Diversified Industry

Max
8.79
Q3
5.67
Median
4.31
Q1
2.29
Min
1.11

With a P/S Ratio of 9.10, VICI trades at a valuation that eclipses even the highest in the REIT - Diversified industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.

AMT vs. VICI: A comparison of their P/S Ratio against their respective REIT - Specialty and REIT - Diversified industry benchmarks.

Price-to-Book Ratio

AMT

29.34

REIT - Specialty Industry

Max
10.05
Q3
5.14
Median
1.95
Q1
1.66
Min
1.09

At 29.34, AMT’s P/B Ratio is at an extreme premium to the REIT - Specialty industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.

VICI

1.33

REIT - Diversified Industry

Max
1.87
Q3
1.58
Median
1.03
Q1
0.85
Min
0.48

VICI’s P/B Ratio of 1.33 is within the conventional range for the REIT - Diversified industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

AMT vs. VICI: A comparison of their P/B Ratio against their respective REIT - Specialty and REIT - Diversified industry benchmarks.

Valuation at a Glance

SymbolAMTVICI
Price-to-Earnings Ratio (P/E, TTM)56.7813.41
Forward PEG Ratio (TTM)4.98-0.13
Price-to-Sales Ratio (P/S, TTM)9.869.10
Price-to-Book Ratio (P/B, TTM)29.341.33
Price-to-Free Cash Flow Ratio (P/FCF, TTM)27.4814.56
EV-to-EBITDA (TTM)19.6215.06
EV-to-Sales (TTM)13.8713.59