Victory Capital Holdings, Inc.
NASDAQ•VCTR
CEO: Mr. David Craig Brown CPA
Sector: Financial Services
Industry: Asset Management
Listing Date: 2018-02-08
Victory Capital Holdings, Inc., together with its subsidiaries, operates as an asset management company in the United States and internationally. It offers investment advisory, fund administration, fund compliance, fund transfer agent, fund distribution, and other management services. The company provides specialized investment strategies to institutions, intermediaries, retirement platforms, and individual investors. Its investment products include actively and passively managed mutual funds; rules-based and active exchange traded funds; institutional separate accounts; variable insurance products; alternative investments; and private closed-end funds; and a 529 Education Savings Plan. The company also offers strategies through third-party investment products, including mutual funds, third-party ETF model strategies, retail separately managed accounts, unified managed accounts through wrap account programs, Collective Investment Trusts, and undertakings for the collective investment in transferable securities. Victory Capital Holdings, Inc. was incorporated in 2013 and is based in San Antonio, Texas.
Contact Information
Market Cap
$4.38B
P/E (TTM)
13.5
0
Dividend Yield
2.9%
52W High
$77.78
52W Low
$47.00
52W Range
Rank33Top 25.7%
4.8
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.8 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$374.12M+0.00%
4-Quarter Trend
EPS
$1.33+0.00%
4-Quarter Trend
FCF
$144.10M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Massive AUM Growth Total AUM reached $313.8B, reflecting 82.5% growth, driven by Pioneer Investments acquisition.
GAAP Revenue Jumps Total GAAP revenue was $1.3B, increasing 46%, primarily from higher investment management fees.
Net Income Rises GAAP Net Income totaled $330.1M, showing a 14% increase despite significantly higher operating expenses.
Operating Cash Flow Strong Cash provided by operating activities was $385.5M, an increase of $45.5M over the prior period.
Risk Factors
Operating Expenses Surge Total operating expenses increased 78% to $827.7M, heavily impacted by acquisition and integration costs.
Fee Rate Compression Revenue realization on average AUM declined to 48.6 basis points from 52.6 basis points, reflecting industry pressure.
Key Personnel Retention Risk Loss of key investment professionals or senior management could materially adversely affect business performance and stability.
Extensive Regulatory Exposure Business faces extensive U.S. and non-U.S. regulation, with potential for sanctions or operational disruption.
Outlook
Continue Strategic Acquisitions Plan to augment platform via strategic acquisitions to expand capabilities and achieve synergy expectations profitably.
Optimize Integrated Platform Focus on leveraging centralized distribution and operations to enhance Franchise investment performance and growth prospects.
Expand Alternative Investments Remain interested in adding alternative investment capabilities due to attractive fee rates and evolving market demand.
Leverage Global Distribution Utilize 15-year exclusive offshore distribution agreement with Amundi to grow international relevance and AUM.
Peer Comparison
Revenue (TTM)
$3.16B
$2.08B
$1.80B
Gross Margin (Latest Quarter)
100.0%
98.1%
85.8%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| MAIN | $4.96B | 10.0 | 16.9% | 43.0% |
| NNI | $4.62B | 10.9 | 12.0% | 55.4% |
| VCTR | $4.38B | 13.5 | 15.7% | 22.8% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
19.4%
Strong Growth
4Q Net Income CAGR
22.1%
Profitability Improved
Cash Flow Stability
75%
Volatile Cash Flow
Deep Research
Next earnings:Apr 30, 2026
EPS:$1.64
|Revenue:$367.97M
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data