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Side-by-side financial comparison of Albemarle Corporation (ALB) and Vici Properties (VICI). Click either name above to swap in a different company.

Albemarle Corporation is the larger business by last-quarter revenue ($1.4B vs $1.0B, roughly 1.4× Vici Properties). Vici Properties runs the higher net margin — 59.7% vs -29.0%, a 88.7% gap on every dollar of revenue. On growth, Albemarle Corporation posted the faster year-over-year revenue change (15.9% vs 3.8%). Over the past eight quarters, Vici Properties's revenue compounded faster (3.2% CAGR vs 2.4%).

Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Lithium, Bromine, and Catalysts. The Lithium segment offers lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and lithium specialties; and reagents, such as butyllithium and lithium aluminum hydride for use in lithium batteries for consumer electronics and electric vehicles, high performance greases, thermoplastic elastomers...

Vici Properties Inc. is an American real estate investment trust (REIT) specializing in casino and entertainment properties, based in New York City. It was formed in 2017 as a spin-off from Caesars Entertainment Corporation as part of its bankruptcy reorganization. It owns 54 casinos, hotels, and racetracks, four golf courses, and 38 bowling alleys around the United States and Canada.

ALB vs VICI — Head-to-Head

Bigger by revenue
ALB
ALB
1.4× larger
ALB
$1.4B
$1.0B
VICI
Growing faster (revenue YoY)
ALB
ALB
+12.1% gap
ALB
15.9%
3.8%
VICI
Higher net margin
VICI
VICI
88.7% more per $
VICI
59.7%
-29.0%
ALB
Faster 2-yr revenue CAGR
VICI
VICI
Annualised
VICI
3.2%
2.4%
ALB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ALB
ALB
VICI
VICI
Revenue
$1.4B
$1.0B
Net Profit
$-414.2M
$604.8M
Gross Margin
13.9%
99.3%
Operating Margin
-15.2%
60.2%
Net Margin
-29.0%
59.7%
Revenue YoY
15.9%
3.8%
Net Profit YoY
-650.1%
-1.6%
EPS (diluted)
$-3.88
$0.57

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ALB
ALB
VICI
VICI
Q4 25
$1.4B
$1.0B
Q3 25
$1.3B
$1.0B
Q2 25
$1.3B
$1.0B
Q1 25
$1.1B
$984.2M
Q4 24
$1.2B
$976.1M
Q3 24
$1.4B
$964.7M
Q2 24
$1.4B
$957.0M
Q1 24
$1.4B
$951.5M
Net Profit
ALB
ALB
VICI
VICI
Q4 25
$-414.2M
$604.8M
Q3 25
$-160.7M
$762.0M
Q2 25
$22.9M
$865.1M
Q1 25
$41.3M
$543.6M
Q4 24
$75.3M
$614.6M
Q3 24
$-1.1B
$732.9M
Q2 24
$-188.2M
$741.3M
Q1 24
$2.4M
$590.0M
Gross Margin
ALB
ALB
VICI
VICI
Q4 25
13.9%
99.3%
Q3 25
9.0%
99.3%
Q2 25
14.8%
99.3%
Q1 25
14.5%
99.4%
Q4 24
11.2%
99.3%
Q3 24
-7.7%
99.3%
Q2 24
-0.7%
99.3%
Q1 24
2.9%
99.3%
Operating Margin
ALB
ALB
VICI
VICI
Q4 25
-15.2%
60.2%
Q3 25
-16.6%
77.2%
Q2 25
3.6%
88.3%
Q1 25
1.8%
55.9%
Q4 24
0.4%
64.2%
Q3 24
-81.9%
77.4%
Q2 24
-34.4%
79.0%
Q1 24
-13.2%
63.2%
Net Margin
ALB
ALB
VICI
VICI
Q4 25
-29.0%
59.7%
Q3 25
-12.3%
75.6%
Q2 25
1.7%
86.4%
Q1 25
3.8%
55.2%
Q4 24
6.1%
63.0%
Q3 24
-78.9%
76.0%
Q2 24
-13.2%
77.5%
Q1 24
0.2%
62.0%
EPS (diluted)
ALB
ALB
VICI
VICI
Q4 25
$-3.88
$0.57
Q3 25
$-1.72
$0.71
Q2 25
$-0.16
$0.82
Q1 25
$0.00
$0.51
Q4 24
$0.29
$0.58
Q3 24
$-9.45
$0.70
Q2 24
$-1.96
$0.71
Q1 24
$-0.08
$0.57

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALB
ALB
VICI
VICI
Cash + ST InvestmentsLiquidity on hand
$608.0M
Total DebtLower is stronger
$3.2B
$16.8B
Stockholders' EquityBook value
$9.5B
$27.8B
Total Assets
$16.4B
$46.7B
Debt / EquityLower = less leverage
0.33×
0.60×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALB
ALB
VICI
VICI
Q4 25
$608.0M
Q3 25
$1.9B
$507.5M
Q2 25
$1.8B
$233.0M
Q1 25
$1.5B
$334.3M
Q4 24
$1.2B
$524.6M
Q3 24
$1.7B
$355.7M
Q2 24
$1.8B
$347.2M
Q1 24
$2.1B
$514.9M
Total Debt
ALB
ALB
VICI
VICI
Q4 25
$3.2B
$16.8B
Q3 25
$3.6B
$16.8B
Q2 25
$3.6B
$16.9B
Q1 25
$3.5B
$16.8B
Q4 24
$3.5B
$16.7B
Q3 24
$3.6B
$16.7B
Q2 24
$3.5B
$16.7B
Q1 24
$3.5B
$16.7B
Stockholders' Equity
ALB
ALB
VICI
VICI
Q4 25
$9.5B
$27.8B
Q3 25
$10.0B
$27.7B
Q2 25
$10.2B
$27.0B
Q1 25
$10.0B
$26.6B
Q4 24
$10.0B
$26.5B
Q3 24
$10.2B
$26.1B
Q2 24
$11.2B
$25.7B
Q1 24
$11.5B
$25.4B
Total Assets
ALB
ALB
VICI
VICI
Q4 25
$16.4B
$46.7B
Q3 25
$17.1B
$46.5B
Q2 25
$17.3B
$46.1B
Q1 25
$17.0B
$45.5B
Q4 24
$16.6B
$45.4B
Q3 24
$17.5B
$44.9B
Q2 24
$18.4B
$44.5B
Q1 24
$19.0B
$44.2B
Debt / Equity
ALB
ALB
VICI
VICI
Q4 25
0.33×
0.60×
Q3 25
0.36×
0.61×
Q2 25
0.35×
0.63×
Q1 25
0.35×
0.63×
Q4 24
0.35×
0.63×
Q3 24
0.35×
0.64×
Q2 24
0.31×
0.65×
Q1 24
0.31×
0.66×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ALB
ALB
VICI
VICI
Operating Cash FlowLast quarter
$388.5M
$691.9M
Free Cash FlowOCF − Capex
$233.1M
FCF MarginFCF / Revenue
16.3%
Capex IntensityCapex / Revenue
10.9%
Cash ConversionOCF / Net Profit
1.14×
TTM Free Cash FlowTrailing 4 quarters
$692.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALB
ALB
VICI
VICI
Q4 25
$388.5M
$691.9M
Q3 25
$355.6M
$586.3M
Q2 25
$-7.2M
$639.9M
Q1 25
$545.4M
$591.9M
Q4 24
$674.0K
$644.1M
Q3 24
$240.5M
$579.1M
Q2 24
$362.9M
$614.6M
Q1 24
$98.0M
$543.7M
Free Cash Flow
ALB
ALB
VICI
VICI
Q4 25
$233.1M
Q3 25
$223.4M
Q2 25
$-126.8M
Q1 25
$362.8M
Q4 24
$-355.1M
Q3 24
$-62.6M
Q2 24
$-84.7M
Q1 24
$-481.4M
FCF Margin
ALB
ALB
VICI
VICI
Q4 25
16.3%
Q3 25
17.1%
Q2 25
-9.5%
Q1 25
33.7%
Q4 24
-28.8%
Q3 24
-4.6%
Q2 24
-5.9%
Q1 24
-35.4%
Capex Intensity
ALB
ALB
VICI
VICI
Q4 25
10.9%
Q3 25
10.1%
Q2 25
9.0%
Q1 25
17.0%
Q4 24
28.9%
Q3 24
22.4%
Q2 24
31.3%
Q1 24
42.6%
Cash Conversion
ALB
ALB
VICI
VICI
Q4 25
1.14×
Q3 25
0.77×
Q2 25
-0.31×
0.74×
Q1 25
13.19×
1.09×
Q4 24
0.01×
1.05×
Q3 24
0.79×
Q2 24
0.83×
Q1 24
40.01×
0.92×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ALB
ALB

Energy Storage$759.1M53%
Specialties$348.9M24%
Ketjen$320.1M22%

VICI
VICI

Fixed Rent$504.3M50%
Other$478.4M47%
Contingent Rent$30.4M3%

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