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Vici Properties vs Extra Space Storage: VICI and EXR compared
Vici Properties is the larger company: $1.1B of revenue in its latest quarter (Q2 2026) against $890M for Extra Space Storage (Q3 2026). Vici Properties is growing faster (+6% against +4% a year earlier). Vici Properties is more profitable, with an operating margin of 50.5% against 44.0%.
Where the money goes: VICI and EXR
Vici Properties (VICI) · Q2 2026
Vici Properties, Q2 2026: revenue $1.1B (+6% year over year), operating margin 50.5%, net earnings $527M, operating cash flow $728M. The chart follows the revenue to costs, profit and cash.
Extra Space Storage (EXR) · Q3 2026
Extra Space Storage, Q3 2026: revenue $890M (+4% year over year), operating margin 44.0%, net earnings $248M, operating cash flow $467M. The chart follows the revenue to costs, profit and cash.
| Vici Properties (VICI) | Extra Space Storage (EXR) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q3 2026 |
| Revenue | $1.1B | $890M |
| Revenue growth, Y/Y | +6% | +4% |
| Operating margin | 50.5% | 44.0% |
| Net earnings | $527M | $248M |
| Net margin | 49.7% | 27.8% |
| Operating cash flow | $728M | $467M |
| Free cash flow | $728M | $430M |
| Market value | $27.0B | $35.0B |
| P/E | 11.4× | 32.4× |
| Analysts’ mean target | $29.61 | $158.50 |
Questions
Which is bigger, Vici Properties or Extra Space Storage?
Vici Properties is the larger company: $1.1B of revenue in its latest quarter (Q2 2026) against $890M for Extra Space Storage (Q3 2026).
Is Vici Properties or Extra Space Storage growing faster?
Vici Properties is growing faster (+6% against +4% a year earlier).
Which is more profitable, Vici Properties or Extra Space Storage?
Vici Properties is more profitable, with an operating margin of 50.5% against 44.0%.
More: Vici Properties earnings · how Vici Properties makes money · Extra Space Storage earnings · how Extra Space Storage makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Jul 29, 2026; 10-Q filed Oct 30, 2026). Fiscal quarters can end on different dates. Not investment advice.