Host Hotels & Resorts vs Vici Properties
Host Hotels & Resorts is the larger business, with $6.11bn of revenue in fiscal 2025 against $4.01bn for Vici Properties (1.5 times as much). Host Hotels & Resorts grew faster (7.6% against 4.1%). Vici Properties kept more of each dollar of sales as profit: a net margin of 69.3% against 12.5%. Vici Properties carries less debt relative to equity (61.5% against 78.4%).
| Latest fiscal year | Host Hotels & ResortsHST, 2025 | Vici PropertiesVICI, 2025 |
|---|---|---|
| Revenue | $6.11bn | $4.01bn |
| Revenue growth | 7.6% | 4.1% |
| Net income | $765m | $2.78bn |
| Operating margin | 14.0% | — |
| Net margin | 12.5% | 69.3% |
| Return on equity | 11.6% | 10.2% |
| Free cash flow | $1.23bn | $2.51bn |
| Cash | $768m | $563m |
| Total debt | $5.14bn | $17.09bn |
| Debt to equity | 78.4% | 61.5% |
| Dividend per share | $0.95 | $1.76 |
| Dividend yield | 3.7% | 7.0% |
| Share buybacks | $205m | — |
| Employees | 162 | 28 |
| Market value | $17.62bn | $26.95bn |
| Price vs our value range | — | — |
| Moat score | 59 (Moderate) | 74 (Strong) |
| Insider trades, 12 months | 0 buys, 10 sales | 0 buys, 0 sales |