IIPR vs VICI
IIPR: A REIT that owns specialized industrial properties leased to licensed cannabis operators, diversifying into life science sector investments as cannabis market dynamics weigh on traditional operations. VICI: Vici Properties is a leading owner of high-barrier, experiential real estate assets, primarily operating through stable long-term, inflation-protected triple-net leases in the gaming and entertainment sectors.
Side-by-side fundamentals
| Metric | IIPR | VICI | Edge |
|---|---|---|---|
| Price as of 2026-07-22 close | $62.31 | $26.58 | |
| Market cap as of 2026-07-23 | $1.8B | $28.6B | |
| P/E as of 2026-07-23 | 15.27 | 9.21 | VICI lower |
| PEG as of 2026-07-23 | n/a | 0.56 | |
| Net margin as of 2026-07-23 | +45.6% | +76.8% | VICI higher |
| Gross margin as of 2026-07-23 | +88.5% | +99.3% | VICI higher |
| Operating margin as of 2026-07-23 | +46.8% | +98.7% | VICI higher |
| ROE as of 2026-07-23 | +6.4% | +11.2% | VICI higher |
| ROA as of 2026-07-23 | +5.1% | +6.7% | VICI higher |
| Debt / equity as of 2026-07-23 | 0.19 | 0.63 | IIPR lower |
| Revenue growth (YoY) as of 2026-07-23 | -13.6% | +4.1% | VICI higher |
| Revenue CAGR (3y) SEC XBRL | -1.3% | +15.5% | VICI higher |
| Dividend yield as of 2026-07-23 | +12.0% | +6.8% | IIPR higher |
| Dividend streak (yrs) SEC XBRL | 5 | 5 | Tie |
| Beta as of 2026-07-23 | 1.41 | 0.70 | |
| 1-year return as of 2026-07-22 close | +20.7% | -20.5% | IIPR higher |
Fundamentals: Finnhub, as of 2026-07-23. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-22.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date; "Edge" cells are a pure numeric comparison, not a recommendation.