8-K Announcements
6May 6, 2026·SEC
Apr 13, 2026·SEC
Mar 24, 2026·SEC
Victory Capital Holdings, Inc. (VCTR) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Victory Capital Holdings, Inc. (VCTR) stock price & volume — 10-year historical chart
Victory Capital Holdings, Inc. (VCTR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Victory Capital Holdings, Inc. (VCTR) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 4, 2026 | $1.78vs $1.66+7.2% | $374Mvs $373M+0.2% |
| Q4 2025 | Nov 6, 2025 | $1.63vs $1.60+1.9% | $361Mvs $374M-3.4% |
| Q3 2025 | Aug 7, 2025 | $1.57vs $1.45+8.3% | $356Mvs $337M+5.6% |
| Q2 2025 | May 8, 2025 | $1.36vs $1.38-1.4% | $220Mvs $224M-2.0% |
Victory Capital Holdings, Inc. (VCTR) competitors in Traditional active asset managers — business model, growth, and fundamentals comparison
Victory Capital Holdings, Inc. (VCTR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Victory Capital Holdings, Inc. (VCTR) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Net Interest Income | -47.09M | -21.38M | -34.07M | -33.3M | -18.61M | -43.22M | -52.55M | -53.4M | -37.07M |
| NII Growth % | -56.49% | 54.6% | -59.4% | 2.26% | 44.13% | -132.28% | -21.59% | -1.61% | 30.57% |
| Net Interest Margin % | -5.94% | -2.67% | -1.94% | -1.92% | -0.72% | -1.7% | -2.07% | -2.1% | -0.87% |
| Interest Income | 0 | 0 | 6.83M | 3.7M | 6.04M | 3.68M | 24.21M | 24.04M | 28.48M |
| Interest Expense | 47.09M | 21.38M | 40.9M | 37.01M | 24.65M | 46.9M | 76.76M | 77.44M | 65.56M |
| Loan Loss Provision | 200.47M | 219.19M | 285.53M | 335.84M | 386.57M | 352.4M | 288.29M | 286.27M | 312.14M |
| Non-Interest Income | 409.63M | 413.41M | 605.54M | 771.65M | 884.22M | 851.12M | 796.81M | 869.44M | 1.28B |
| Non-Interest Income % | 100% | 100% | 98.88% | 99.52% | 99.32% | 99.57% | 97.05% | 97.31% | 97.82% |
| Total Revenue | 409.63M▲ 0% | 413.41M▲ 0.9% | 612.37M▲ 48.1% | 775.35M▲ 26.6% | 890.26M▲ 14.8% | 854.8M▼ 4.0% | 821.03M▼ 4.0% | 893.48M▲ 8.8% | 1.31B▲ 46.2% |
| Revenue Growth % | 37.51% | 0.92% | 48.13% | 26.61% | 14.82% | -3.98% | -3.95% | 8.82% | 46.19% |
| Non-Interest Expense | 71.91M | 58.33M | 121.32M | 87.79M | 105.2M | 56.39M | 127.52M | 102.26M | 373.46M |
| Efficiency Ratio | 17.56% | 14.11% | 19.81% | 11.32% | 11.82% | 6.6% | 15.53% | 11.45% | 28.59% |
| Operating Income | 90.17M▲ 0% | 114.52M▲ 27.0% | 164.62M▲ 43.7% | 314.71M▲ 91.2% | 373.85M▲ 18.8% | 399.11M▲ 6.8% | 328.46M▼ 17.7% | 427.51M▲ 30.2% | 554.98M▲ 29.8% |
| Operating Margin % | 22.01% | 27.7% | 26.88% | 40.59% | 41.99% | 46.69% | 40.01% | 47.85% | 42.49% |
| Operating Income Growth % | 268.26% | 27.01% | 43.75% | 91.18% | 18.79% | 6.76% | -17.7% | 30.16% | 29.82% |
| Pretax Income | 38.46M▲ 0% | 84.91M▲ 120.8% | 120.69M▲ 42.1% | 278.54M▲ 130.8% | 350.64M▲ 25.9% | 350.03M▼ 0.2% | 275.91M▼ 21.2% | 373.76M▲ 35.5% | 438.32M▲ 17.3% |
| Pretax Margin % | 9.39% | 20.54% | 19.71% | 35.92% | 39.39% | 40.95% | 33.61% | 41.83% | 33.56% |
| Income Tax | 12.63M | 21.21M | 28.2M | 66.02M | 72.25M | 74.52M | 62.75M | 84.89M | 108.26M |
| Effective Tax Rate % | 32.85% | 24.98% | 23.36% | 23.7% | 20.61% | 21.29% | 22.74% | 22.71% | 24.7% |
| Net Income | 25.83M▲ 0% | 63.7M▲ 146.7% | 92.49M▲ 45.2% | 212.52M▲ 129.8% | 278.39M▲ 31.0% | 275.51M▼ 1.0% | 213.16M▼ 22.6% | 288.86M▲ 35.5% | 330.06M▲ 14.3% |
| Net Margin % | 6.3% | 15.41% | 15.1% | 27.41% | 31.27% | 32.23% | 25.96% | 32.33% | 25.27% |
| Net Income Growth % | 525.4% | 146.67% | 45.19% | 129.78% | 30.99% | -1.03% | -22.63% | 35.52% | 14.26% |
| Net Income (Continuing) | 25.83M | 63.7M | 92.49M | 212.52M | 278.39M | 275.51M | 213.16M | 288.86M | 330.06M |
| EPS (Diluted) | 0.47▲ 0% | 0.90▲ 91.5% | 1.26▲ 40.0% | 2.88▲ 128.6% | 3.75▲ 30.2% | 3.81▲ 1.6% | 3.12▼ 18.1% | 4.38▲ 40.4% | 4.08▼ 6.8% |
| EPS Growth % | 651.64% | 91.49% | 40% | 128.57% | 30.21% | 1.6% | -18.11% | 40.38% | -6.85% |
| EPS (Basic) | 0.47 | 0.90 | 1.37 | 3.14 | 4.10 | 4.02 | 3.22 | 4.47 | 4.13 |
| Diluted Shares Outstanding | 55.12M | 70.51M | 73.47M | 73.72M | 74.15M | 72.27M | 68.21M | 65.93M | 66.38M |
Victory Capital Holdings, Inc. (VCTR) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 13.6M | 52.09M | 37.89M | 22.74M | 69.53M | 38.17M | 123.55M | 126.73M | 163.69M |
| Cash & Due from Banks | 12.92M | 51.49M | 37.12M | 22.74M | 69.53M | 38.17M | 123.55M | 126.73M | 163.69M |
| Short Term Investments | 677K | 601K | 771K | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Investments | 11.34M | 13.32M | 19.08M | 2.32M | 912K | 466K | 534K | 605K | 99.39M |
| Investments Growth % | 83.94% | 17.5% | 43.21% | -87.83% | -60.72% | -48.9% | 14.59% | 13.3% | 16328.76% |
| Long-Term Investments | 10.66M | 12.72M | 18.3M | 2.32M | 912K | 466K | 534K | 605K | 99.39M |
| Accounts Receivables | 46.19M | 41.13M | 93.63M | 84.93M | 97.76M | 82.73M | 86.13M | 99.32M | 30.63M |
| Goodwill & Intangibles | 692.11M | 671.79M | 1.58B | 1.57B | 2.33B | 2.3B | 2.26B | 2.24B | 3.71B |
| Goodwill | 284.11M | 284.11M | 404.75M | 404.75M | 981.8M | 981.8M | 981.8M | 981.8M | 1.24B |
| Intangible Assets | 408M | 387.68M | 1.18B | 1.16B | 1.35B | 1.31B | 1.28B | 1.26B | 2.48B |
| PP&E (Net) | 8.84M | 8.78M | 13.24M | 18.75M | 25.3M | 21.15M | 19.58M | 11.87M | 23.83M |
| Other Assets | -786.57M | -830.29M | 3.71M | 25.26M | 41.45M | 91.76M | 41.97M | 56.66M | 50.16M |
| Total Current Assets | 74.96M | 98.88M | 137.84M | 117.01M | 180.49M | 131.09M | 216.9M | 236.03M | 360.9M |
| Total Non-Current Assets | 717.67M | 702.63M | 1.62B | 1.61B | 2.4B | 2.41B | 2.33B | 2.31B | 3.89B |
| Total Assets | 792.62M▲ 0% | 801.51M▲ 1.1% | 1.75B▲ 118.8% | 1.73B▼ 1.3% | 2.58B▲ 49.1% | 2.54B▼ 1.5% | 2.54B▲ 0.1% | 2.55B▲ 0.2% | 4.25B▲ 66.7% |
| Asset Growth % | -6.85% | 1.12% | 118.75% | -1.29% | 49.06% | -1.51% | 0.07% | 0.2% | 66.74% |
| Return on Assets (ROA) | 3.14% | 7.99% | 7.24% | 12.2% | 12.92% | 10.76% | 8.39% | 11.35% | 9.71% |
| Accounts Payable | 327K | 607K | 271K | 35.17M | 62.1M | 50.86M | 56.48M | 57.95M | 72.39M |
| Total Debt | 483.23M | 268.86M | 924.54M | 779.01M | 1.13B | 985.51M | 989.27M | 963.86M | 970.01M |
| Net Debt | 470.3M | 217.37M | 887.42M | 756.27M | 1.06B | 947.34M | 865.72M | 837.13M | 806.32M |
| Long-Term Debt | 483.23M | 268.86M | 924.54M | 769.01M | 1.13B | 985.51M | 989.27M | 963.86M | 970.01M |
| Short-Term Debt | 0 | 0 | 0 | 10.01M | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 73.82M | 70.29M | 77.51M | 154.75M | 87.29M | 100.58M | 97.95M | 107.13M | 0 |
| Total Current Liabilities | 31.85M | 26.19M | 207.9M | 99.43M | 371.48M | 281.26M | 273.68M | 197.84M | 373.31M |
| Total Non-Current Liabilities | 529.59M | 319.77M | 1.01B | 923.76M | 1.28B | 1.19B | 1.22B | 1.23B | 1.45B |
| Total Liabilities | 561.44M | 345.96M | 1.22B | 1.02B | 1.65B | 1.48B | 1.49B | 1.43B | 1.82B |
| Total Equity | 701.49M▲ 0% | 672.91M▼ 4.1% | 537.87M▼ 20.1% | 707.54M▲ 31.5% | 929.93M▲ 31.4% | 1.07B▲ 14.6% | 1.05B▼ 1.2% | 1.12B▲ 6.5% | 2.42B▲ 116.2% |
| Equity Growth % | -4.31% | -4.07% | -20.07% | 31.54% | 31.43% | 14.57% | -1.16% | 6.52% | 116.18% |
| Equity / Assets (Capital Ratio) | 88.5% | 83.96% | 30.68% | 40.88% | 36.05% | 41.93% | 41.41% | 44.03% | 57.08% |
| Return on Equity (ROE) | 3.6% | 9.27% | 15.28% | 34.13% | 34% | 27.62% | 20.12% | 26.57% | 18.61% |
| Book Value per Share | 12.73 | 9.54 | 7.32 | 9.60 | 12.54 | 14.74 | 15.44 | 17.01 | 36.53 |
| Tangible BV per Share | 0.17 | 0.02 | -14.19 | -11.66 | -18.90 | -17.03 | -17.75 | -17.00 | -19.42 |
| Common Stock | 572K | 706K | 720K | 742K | 772K | 805K | 824K | 839K | 879K |
| Additional Paid-in Capital | 435.33M | 604.4M | 624.77M | 647.6M | 673.57M | 705.47M | 728.28M | 752.37M | 2.1B |
| Retained Earnings | -183.89M | -119.71M | -34.7M | 161.58M | 402.81M | 609.12M | 736.85M | 924.6M | 1.1B |
| Accumulated OCI | 64K | -86K | 0 | -7.46M | 5.97M | 35.44M | 31.33M | 18.68M | 9.02M |
| Treasury Stock | -20.9M | -29.76M | -52.91M | -94.92M | -153.2M | -285.43M | -444.29M | -574.86M | -786.01M |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 199K |
Victory Capital Holdings, Inc. (VCTR) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 96.17M | 134.34M | 227.38M | 250.62M | 376.2M | 335.21M | 330.29M | 339.98M | 240.41M |
| Operating CF Growth % | 143.22% | 39.7% | 69.25% | 10.22% | 50.11% | -10.89% | -1.47% | 2.93% | -29.29% |
| Net Income | 25.83M | 63.7M | 92.49M | 212.52M | 278.39M | 275.51M | 213.16M | 288.86M | 330.06M |
| Depreciation & Amortization | 29.91M | 23.28M | 23.87M | 16.38M | 18.84M | 43.2M | 41.65M | 30.18M | 72.85M |
| Deferred Taxes | 11.19M | 4.12M | -745K | 34.6M | 19.49M | 35.65M | 21.54M | 32.52M | 32.18M |
| Other Non-Cash Items | 10.88M | 13.5M | 29.07M | 17.44M | 18.6M | -41M | -13.61M | -10.04M | -241.84M |
| Working Capital Changes | 1.19M | 12.41M | 60.57M | -52.84M | 14.38M | 4.13M | 46.02M | -21.62M | -87.41M |
| Cash from Investing | -8.53M | -11.55M | -849.81M | -12.34M | -556.59M | -6.32M | -7.84M | -3.98M | 77.66M |
| Purchase of Investments | -9.68M | -7.78M | -6.78M | -8.85M | -14.55M | -24.2M | -13.85M | -13.31M | -39.22M |
| Sale/Maturity of Investments | 5.25M | 2.77M | 2.91M | 4.57M | 9.88M | 24.01M | 11.18M | 10.64M | 66.83M |
| Net Investment Activity | -4.43M | -5M | -3.87M | -4.28M | -4.67M | -192K | -2.67M | -2.66M | 27.6M |
| Acquisitions | -2M | -4M | -840.7M | 0 | -539.24M | -880K | 0 | 0 | 53.61M |
| Other Investing | 3.01M | 0 | 0 | 0 | 0 | 0 | 0 | -37K | 0 |
| Cash from Financing | -91.27M | -84.16M | 608.02M | -252.7M | 227.22M | -360.19M | -237.13M | -332.76M | -329.45M |
| Dividends Paid | -135.17M | -831K | -7.44M | -16.24M | -37.16M | -69.2M | -85.43M | -101.12M | -125.47M |
| Share Repurchases | -4.65M | -8.18M | -15.54M | -29.88M | -31.53M | -101.18M | -139.3M | -103.58M | -144.93M |
| Stock Issued | 3.19M | 156.55M | 4.08M | 4.76M | 8.38M | 14.11M | 6.29M | 8.88M | 1.72M |
| Net Stock Activity | -1.46M | 148.37M | -11.46M | -25.11M | -23.16M | -87.07M | -133.01M | -94.69M | -143.2M |
| Debt Issuance (Net) | 1000K | -1000K | 1000K | -1000K | 1000K | -1000K | 0 | -1000K | -1000K |
| Other Financing | -8.5M | -10.48M | -33.5M | -48.96M | -72.94M | -54.87M | -18.69M | -107.43M | 175.05M |
| Net Change in Cash | -3.52M▲ 0% | 38.57M▲ 1195.7% | -14.37M▼ 137.3% | -14.38M▼ 0.0% | 46.79M▲ 425.4% | -31.36M▼ 167.0% | 85.38M▲ 372.2% | 3.18M▼ 96.3% | 36.96M▲ 1060.8% |
| Exchange Rate Effect | 116K | -65K | 42K | 43K | -36K | -70K | 58K | -53K | 48.34M |
| Cash at Beginning | 16.44M | 12.92M | 51.49M | 37.12M | 22.74M | 69.53M | 38.17M | 123.55M | 126.73M |
| Cash at End | 12.92M | 51.49M | 37.12M | 22.74M | 69.53M | 38.17M | 123.55M | 126.73M | 163.69M |
| Interest Paid | 41.49M | 17.53M | 23.45M | 38.69M | 18.77M | 31.98M | 70.69M | 78.68M | 63.39M |
| Income Taxes Paid | 758K | 17.99M | 24.63M | 37.81M | 55.15M | 35.73M | 38.69M | 52.25M | 55.27M |
| Free Cash Flow | 91.06M▲ 0% | 131.8M▲ 44.7% | 222.15M▲ 68.5% | 242.56M▲ 9.2% | 363.52M▲ 49.9% | 329.97M▼ 9.2% | 325.12M▼ 1.5% | 338.7M▲ 4.2% | 236.85M▼ 30.1% |
| FCF Growth % | 137.29% | 44.73% | 68.55% | 9.19% | 49.87% | -9.23% | -1.47% | 4.18% | -30.07% |
Victory Capital Holdings, Inc. (VCTR) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -1.24% | 3.6% | 9.27% | 15.28% | 34.13% | 34% | 27.62% | 20.12% | 26.57% | 18.61% |
| Return on Assets (ROA) | -0.83% | 3.14% | 7.99% | 7.24% | 12.2% | 12.92% | 10.76% | 8.39% | 11.35% | 9.71% |
| Net Interest Margin | -3.54% | -5.94% | -2.67% | -1.94% | -1.92% | -0.72% | -1.7% | -2.07% | -2.1% | -0.87% |
| Efficiency Ratio | 24.6% | 17.56% | 14.11% | 19.81% | 11.32% | 11.82% | 6.6% | 15.53% | 11.45% | 28.59% |
| Equity / Assets | 86.15% | 88.5% | 83.96% | 30.68% | 40.88% | 36.05% | 41.93% | 41.41% | 44.03% | 57.08% |
| Book Value / Share | 10.29 | 12.73 | 9.54 | 7.32 | 9.6 | 12.54 | 14.74 | 15.44 | 17.01 | 36.53 |
| NII Growth | -28.95% | -56.49% | 54.6% | -59.4% | 2.26% | 44.13% | -132.28% | -21.59% | -1.61% | 30.57% |
| Dividend Payout | - | 523.39% | 1.3% | 8.04% | 7.64% | 13.35% | 25.12% | 40.08% | 35% | 38.01% |
Victory Capital Holdings, Inc. (VCTR) SEC filings — annual & quarterly reports (10-K, 10-Q)
May 6, 2026·SEC
Apr 13, 2026·SEC
Mar 24, 2026·SEC
Victory Capital Holdings, Inc. (VCTR) stock FAQ — growth, dividends, profitability & financials explained
Victory Capital Holdings, Inc. (VCTR) grew revenue by 46.2% over the past year. This is strong growth.
Yes, Victory Capital Holdings, Inc. (VCTR) is profitable, generating $330.1M in net income for fiscal year 2025 (25.3% net margin).
Yes, Victory Capital Holdings, Inc. (VCTR) pays a dividend with a yield of 2.30%. This makes it attractive for income-focused investors.
Victory Capital Holdings, Inc. (VCTR) has a return on equity (ROE) of 18.6%. This is reasonable for most industries.
Victory Capital Holdings, Inc. (VCTR) has a net interest margin (NIM) of -0.9%. NIM has been under pressure due to interest rate environment.
Victory Capital Holdings, Inc. (VCTR) has an efficiency ratio of 28.6%. This is excellent, indicating strong cost control.
Victory Capital Holdings, Inc. (VCTR) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates