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Park Hotels & Resorts vs Vici Properties

Vici Properties is the larger business, with $4.01bn of revenue in fiscal 2025 against $2.54bn for Park Hotels & Resorts (1.6 times as much). Vici Properties grew faster (4.1% against -2.2%). Vici Properties kept more of each dollar of sales as profit: a net margin of 69.3% against -11.1%. Vici Properties carries less debt relative to equity (61.5% against 123.2%).

Latest fiscal yearPark Hotels & ResortsPK, 2025Vici PropertiesVICI, 2025
Revenue $2.54bn $4.01bn
Revenue growth -2.2% 4.1%
Net income −$283m $2.78bn
Operating margin -1.3% —
Net margin -11.1% 69.3%
Return on equity -8.4% 10.2%
Free cash flow $102m $2.51bn
Cash $232m $563m
Total debt $3.86bn $17.09bn
Debt to equity 123.2% 61.5%
Dividend per share $1.00 $1.76
Dividend yield 5.9% 7.0%
Share buybacks $45.0m —
Employees 90 28
Market value $3.35bn $26.95bn
Price vs our value range — —
Moat score 41 (Weak) 74 (Strong)
Insider trades, 12 months 1 buys, 0 sales 0 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.