VCTR vs BLK

For growth investors, Victory Capital Holdings, Inc.

(VCTR) is the stronger pick with 46. 2% revenue growth year-over-year, versus 14. 3% for BlackRock, Inc. (BLK). Victory Capital Holdings, Inc. (VCTR) offers the better valuation at 20. 2x trailing P/E (12. 0x forward), making it the more compelling value choice. Analysts rate Victory Capital Holdings, Inc. (VCTR) a "Buy" — based on 13 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On trailing P/E, Victory Capital Holdings, Inc.

(VCTR) is the cheapest at 20. 2x versus BlackRock, Inc. at 25. 6x. On forward P/E, Victory Capital Holdings, Inc. is actually cheaper at 12. 0x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Victory Capital Holdings, Inc. wins at 0. 43x versus BlackRock, Inc. 's 2. 49x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.

Over the past 5 years, Victory Capital Holdings, Inc.

(VCTR) delivered a total return of +215. 0%, compared to +35. 2% for BlackRock, Inc. (BLK). Over 10 years, the gap is even starker: VCTR returned +670. 8% versus BLK's +246. 4%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), BlackRock, Inc.

(BLK) is the lower-risk stock at 1. 28β versus Victory Capital Holdings, Inc. 's 1. 32β — meaning VCTR is approximately 3% more volatile than BLK relative to the S&P 500. On balance sheet safety, BlackRock, Inc. (BLK) carries a lower debt/equity ratio of 29% versus 40% for Victory Capital Holdings, Inc. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), Victory Capital Holdings, Inc.

(VCTR) is pulling ahead at 46. 2% versus 14. 3% for BlackRock, Inc. (BLK). On earnings-per-share growth, the picture is similar: BlackRock, Inc. grew EPS 15. 1% year-over-year, compared to -6. 8% for Victory Capital Holdings, Inc.. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

BlackRock, Inc.

(BLK) is the more profitable company, earning 31. 2% net margin versus 25. 3% for Victory Capital Holdings, Inc. — meaning it keeps 31. 2% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: VCTR leads at 42. 5% versus 37. 1% for BLK. At the gross margin level — before operating expenses — VCTR leads at 71. 1%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.

By this metric, Victory Capital Holdings, Inc. (VCTR) is the more undervalued stock at a PEG of 0. 43x versus BlackRock, Inc. 's 2. 49x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, Victory Capital Holdings, Inc. (VCTR) trades at 12. 0x forward P/E versus 20. 2x for BlackRock, Inc. — 8. 2x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for BLK: 22. 2% to $1311. 78.

All stocks in this comparison pay dividends.

Victory Capital Holdings, Inc. (VCTR) offers the highest yield at 2. 3%, versus 1. 9% for BlackRock, Inc. (BLK).

For long-horizon retirement investors, Victory Capital Holdings, Inc.

(VCTR) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (2. 3% yield, +670. 8% 10Y return). Both have compounded well over 10 years (VCTR: +670. 8%, BLK: +246. 4%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

In terms of investment character: VCTR is a small-cap high-growth stock; BLK is a mid-cap quality compounder stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.