Park Hotels & Resorts vs Vici Properties
Vici Properties reported revenue of $4.0 billion in fiscal 2025, 1.6 times Park Hotels & Resorts' $2.5 billion in fiscal 2025. Park Hotels & Resorts' revenue fell 2.2% in its latest year, and Vici Properties' grew 4.1%. Free cash flow was $102 million at Park Hotels & Resorts and $2.5 billion at Vici Properties.
Side by side
| Park Hotels & Resorts | Vici Properties | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $2.5B | $4.0B |
| Revenue growth | −2.2% | 4.1% |
| Revenue growth a year, last 5 years | 24.4% | 26.7% |
| Gross margin | — | — |
| Operating margin | −1.3% | — |
| Net margin | −11.1% | 69.3% |
| Free cash flow | $102M | $2.5B |
| Free cash flow margin | 4.0% | 62.6% |
| Return on capital | −0.4% | 8.2% |
| Net debt to EBITDA | 12.0x | 4.6x |
| Dividends and buybacks | $325M | $1.9B |
| Change in diluted share count | −4.8% | 1.4% |
| Last close | $16.59 | $24.02 |
| P/E at the last close | — | 9.3× |
| Insider trades, last 12 months | bought $32,999, sold $0 | — |
| Piotroski F-score | — | — |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Park Hotels & ResortsVici Properties
Operating margin
Percent of revenue
Park Hotels & ResortsVici Properties
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Park Hotels & ResortsVici Properties
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Park Hotels & Resorts and Vici Properties pages.