ARE vs. VICI: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at ARE and VICI, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Overview
VICI’s market capitalization of 35.33 billion USD is significantly greater than ARE’s 13.31 billion USD, highlighting its more substantial market valuation.
ARE’s beta of 1.27 points to significantly higher volatility compared to VICI (beta: 0.72), suggesting ARE has greater potential for both gains and losses relative to market movements.
| Symbol | ARE | VICI |
|---|---|---|
| Company Name | Alexandria Real Estate Equities, Inc. | VICI Properties Inc. |
| Country | US | US |
| Sector | Real Estate | Real Estate |
| Industry | REIT - Office | REIT - Diversified |
| CEO | Peter M. Moglia | Edward Baltazar Pitoniak |
| Price | 76.92 USD | 33.43 USD |
| Market Cap | 13.31 billion USD | 35.33 billion USD |
| Beta | 1.27 | 0.72 |
| Exchange | NYSE | NYSE |
| IPO Date | May 28, 1997 | January 2, 2018 |
| ADR | No | No |
Historical Performance
This chart compares the performance of ARE 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.
Profitability
Return on Equity
ARE
0.72%
REIT - Office Industry
- Max
- 9.40%
- Q3
- 3.15%
- Median
- 0.71%
- Q1
- -2.53%
- Min
- -10.33%
Return on Equity is often not a primary performance indicator in the REIT - Office 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.
Return on Invested Capital
ARE
194.97%
REIT - Office Industry
- Max
- 5.21%
- Q3
- 3.70%
- Median
- 2.50%
- Q1
- 1.66%
- Min
- 0.56%
Return on Invested Capital is often not a primary measure of capital efficiency in the REIT - Office 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.
Net Profit Margin
ARE
5.70%
REIT - Office Industry
- Max
- 21.26%
- Q3
- 7.69%
- Median
- 3.16%
- Q1
- -9.27%
- Min
- -30.12%
In the REIT - Office 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.
Operating Profit Margin
ARE
38.61%
REIT - Office Industry
- Max
- 38.61%
- Q3
- 26.61%
- Median
- 20.01%
- Q1
- 11.93%
- Min
- -1.11%
In the REIT - Office 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.
Profitability at a Glance
| Symbol | ARE | VICI |
|---|---|---|
| Return on Equity (TTM) | 0.72% | 10.03% |
| Return on Assets (TTM) | 0.37% | 5.78% |
| Return on Invested Capital (TTM) | 194.97% | 7.78% |
| Net Profit Margin (TTM) | 5.70% | 67.81% |
| Operating Profit Margin (TTM) | 38.61% | 90.10% |
| Gross Profit Margin (TTM) | 37.76% | 99.29% |
Financial Strength
Current Ratio
ARE
--
REIT - Office Industry
- Max
- 4.34
- Q3
- 2.61
- Median
- 1.46
- Q1
- 0.88
- Min
- 0.01
For the REIT - Office 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.
Debt-to-Equity Ratio
ARE
--
REIT - Office Industry
- Max
- 2.25
- Q3
- 1.66
- Median
- 1.33
- Q1
- 0.95
- Min
- 0.63
Debt-to-Equity Ratio data for ARE is currently unavailable.
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.
Interest Coverage Ratio
ARE
6.43
REIT - Office Industry
- Max
- 2.60
- Q3
- 1.69
- Median
- 1.28
- Q1
- 0.62
- Min
- -0.11
With an Interest Coverage Ratio of 6.43, ARE demonstrates a superior capacity to service its debt, placing it well above the typical range for the REIT - Office industry. This stems from either robust earnings or a conservative debt load.
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.
Financial Strength at a Glance
| Symbol | ARE | VICI |
|---|---|---|
| Current Ratio (TTM) | -- | 31.78 |
| Quick Ratio (TTM) | -- | 31.78 |
| Debt-to-Equity Ratio (TTM) | -- | 0.67 |
| Debt-to-Asset Ratio (TTM) | -- | 0.39 |
| Net Debt-to-EBITDA Ratio (TTM) | -0.23 | 4.98 |
| Interest Coverage Ratio (TTM) | 6.43 | 4.21 |
Growth
The following charts compare key year-over-year (YoY) growth metrics for ARE and VICI. These metrics are based on the companies’ annual financial reports.
Revenue Growth
Earnings Per Share (EPS) Growth
Free Cash Flow Growth
Dividend
Dividend Yield
ARE
6.84%
REIT - Office Industry
- Max
- 14.12%
- Q3
- 6.26%
- Median
- 4.71%
- Q1
- 2.62%
- Min
- 0.00%
With a Dividend Yield of 6.84%, ARE offers a more attractive income stream than most of its peers in the REIT - Office industry, signaling a strong commitment to shareholder returns.
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.
Dividend Payout Ratio
ARE
492.05%
REIT - Office Industry
- Max
- 1,116.08%
- Q3
- 556.10%
- Median
- 233.84%
- Q1
- 123.25%
- Min
- 49.88%
ARE’s Dividend Payout Ratio of 492.05% 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.
Dividend at a Glance
| Symbol | ARE | VICI |
|---|---|---|
| Dividend Yield (TTM) | 6.84% | 5.17% |
| Dividend Payout Ratio (TTM) | 492.05% | 50.08% |
Valuation
Price-to-Earnings Ratio
ARE
95.37
REIT - Office Industry
- Max
- 90.97
- Q3
- 72.34
- Median
- 44.07
- Q1
- 23.31
- Min
- 19.29
The P/E Ratio is often not the primary metric for valuation in the REIT - Office 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.
Forward P/E to Growth Ratio
ARE
-0.95
REIT - Office Industry
- Max
- 24.48
- Q3
- 14.97
- Median
- 1.22
- Q1
- 0.24
- Min
- 0.04
The Forward PEG Ratio is often not a primary valuation metric in the REIT - Office 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.
Price-to-Sales Ratio
ARE
5.51
REIT - Office Industry
- Max
- 5.80
- Q3
- 5.05
- Median
- 3.85
- Q1
- 2.27
- Min
- 1.19
ARE’s P/S Ratio of 5.51 is in the upper echelon for the REIT - Office industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
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.
Price-to-Book Ratio
ARE
0.60
REIT - Office Industry
- Max
- 2.09
- Q3
- 1.38
- Median
- 0.98
- Q1
- 0.74
- Min
- 0.14
ARE’s P/B Ratio of 0.60 is in the lower quartile for the REIT - Office industry. From a value investing perspective, this is favorable, as it suggests the stock is trading at a discount to its net asset value and may offer a greater margin of safety.
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.
Valuation at a Glance
| Symbol | ARE | VICI |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 95.37 | 13.41 |
| Forward PEG Ratio (TTM) | -0.95 | -0.13 |
| Price-to-Sales Ratio (P/S, TTM) | 5.51 | 9.10 |
| Price-to-Book Ratio (P/B, TTM) | 0.60 | 1.33 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | 9.70 | 14.56 |
| EV-to-EBITDA (TTM) | 6.16 | 15.06 |
| EV-to-Sales (TTM) | 5.32 | 13.59 |