YOLFTbeta
Victory Capital Holdings Inc

Victory Capital Holdings Inc

VCTR · NASDAQ · Financial Services / Asset Management

125.26USD+0.82 (+0.66%)

Price History

Full chart

Market Stats

Previous Close124.44
Open124.58
Day Range122.92 – 125.67
52-Week Range55.62 – 123.00
Volume576.35K
Market Cap6.74B
P/E (TTM)19.75
Forward P/E12.69
EPS5.55
Dividend Yield1.84%
Beta1.11
50-Day Avg108.83
200-Day Avg83.75

About

Victory Capital Holdings, Inc., together with its subsidiaries, operates as an asset management company in the United States and internationally. It offers specialized investment strategies to institutions, intermediaries, retirement platforms, and individual investors. The company also provides various investment products, including actively and passively managed mutual funds, rules-based and active exchange traded funds (ETF), institutional separate accounts, variable insurance products, alternative investments, private closed end funds, and a 529 education savings plan; and third-party investment products, such as mutual funds, third-party ETF model strategies, retail separately managed accounts, unified managed accounts, collective investment trusts, undertakings for the collective investment in transferable securities, and other pooled vehicles. In addition, it offers investment management services, fund administration services, fund transfer agent services, and fund distribution services. Victory Capital Holdings, Inc. was incorporated in 2013 and is based in San Antonio, Texas.

Company Details

  • SectorFinancial Services
  • IndustryAsset Management
  • CEOMr. Michael Dennis Policarpo II, C.P.A.
  • Employees699
  • Headquarters15935 La Cantera Parkway, San Antonio, TX, United States, 78256, USA
  • Websitehttps://vcm.com

Leadership

  • Mr. Michael Dennis Policarpo II, C.P.A.President, CFO & Chief Administrative Officer · b. 1975
  • Ms. Nina GuptaChief Legal Officer, Head of Human Resource Administration & Corporate Secretary · b. 1975
  • Mr. Mannik S. Dhillon C.A.I.A., C.F.A.President of Investment Franchises & Solutions and Head of ETFs · b. 1980
  • Mr. Thomas Michael Sipp C.F.A.Executive Vice President · b. 1970
  • Ms. Molly WeissCTO & Head of Digital Innovation
  • Carly ThomasDirector of Investor Relations & Responsible Business
  • Ms. Jessica DavilaDirector of Global Communications
  • Ms. Lisa Marie SeballosDirector of Finance

Financials

Income Statement

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue240.76M297.88M409.63M413.41M612.37M775.35M890.26M854.80M821.03M893.48M1.31B
Growth (%)-+23.72%+37.51%+0.92%+48.13%+26.61%+14.82%-3.98%-3.95%+8.82%+46.19%
Cost of Revenue145.30M200.11M247.55M240.56M326.43M372.85M411.22M399.30M365.05M363.70M377.69M
Gross Profit95.46M97.77M162.08M172.85M285.94M402.51M479.05M455.50M455.97M529.77M928.44M
Gross Margin39.65%32.82%39.57%41.81%46.69%51.91%53.81%53.29%55.54%59.29%71.08%
Operating Expense62.24M73.29M71.91M58.33M121.32M87.79M105.20M56.39M127.52M102.26M373.46M
Operating Income33.22M24.48M90.17M114.52M164.62M314.71M373.85M399.11M328.46M427.51M554.98M
Operating Margin13.80%8.22%22.01%27.70%26.88%40.59%41.99%46.69%40.01%47.85%42.49%
EBITDA57.89M52.51M115.45M129.56M182.96M328.94M391.80M440.14M394.32M481.37M565.96M
EBITDA Margin24.05%17.63%28.18%31.34%29.88%42.42%44.01%51.49%48.03%53.88%43.33%
Net Income3.80M-6.07M25.83M63.70M92.49M212.52M278.39M275.51M213.16M288.86M330.06M
Net Income Margin1.58%-2.04%6.30%15.41%15.10%27.41%31.27%32.23%25.96%32.33%25.27%
R&D-0.030.090.210.20.360.390.410.33--
R&D as % of Total Revenue-0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense23.38M31.18M47.09M21.38M40.90M37.01M24.65M46.90M76.76M77.44M65.56M
Interest Expense % of Total Revenue9.71%10.47%11.49%5.17%6.68%4.77%2.77%5.49%9.35%8.67%5.02%

Balance Sheet

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets620.39M850.95M792.62M801.51M1.75B1.73B2.58B2.54B2.54B2.55B4.25B
Total Liabilities370.96M519.95M561.44M345.96M1.22B1.02B1.65B1.48B1.49B1.43B1.82B
Total Equity249.43M331.00M231.18M455.55M537.87M707.54M929.93M1.07B1.05B1.12B2.42B
Cash15.14M16.44M12.92M51.49M37.12M22.74M69.53M38.17M123.55M126.73M163.69M
Total Debt311.90M841.80M483.80M268.86M924.54M779.01M1.13B985.51M989.27M963.86M970.01M
Net Debt296.75M402.09M470.30M217.37M887.42M746.26M1.06B947.34M865.72M837.13M806.32M

Cash Flow

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow40.65M39.54M96.17M134.34M227.38M250.62M376.20M335.21M330.29M339.98M240.41M
Investing Cash Flow-20.15M-210.08M-8.53M-11.55M-849.81M-12.34M-556.59M-6.32M-7.84M-3.98M77.66M
Financing Cash Flow-31.12M171.84M-91.27M-84.16M608.02M-252.70M227.22M-360.19M-237.13M-332.76M-329.45M
Capital Expenditure1.93M1.16M5.11M2.55M5.24M8.06M12.67M5.25M5.17M1.28M3.56M
Free Cash Flow38.73M38.38M91.06M131.80M222.15M242.56M363.52M329.97M325.12M338.70M236.85M
Dividends Paid60.10M627.00K135.17M831.00K7.44M16.24M37.16M69.20M85.43M101.12M125.47M
FCF to OCF95.26%97.06%94.69%98.10%97.70%96.78%96.63%98.44%98.44%99.62%98.52%
Dividend Paid to FCF155.20%1.63%148.44%0.63%3.35%6.69%10.22%20.97%26.28%29.85%52.98%

Earnings

Report DateAug 4, 2017Nov 29, 2017Feb 8, 2018May 8, 2018Aug 7, 2018Nov 6, 2018Feb 6, 2019May 14, 2019Aug 12, 2019Nov 4, 2019Feb 12, 2020May 11, 2020Aug 5, 2020Nov 4, 2020Feb 10, 2021May 6, 2021Aug 5, 2021Nov 4, 2021Feb 10, 2022May 5, 2022Aug 4, 2022Nov 3, 2022Feb 9, 2023May 4, 2023Aug 3, 2023Nov 2, 2023Feb 8, 2024May 10, 2024Aug 8, 2024Nov 7, 2024Feb 6, 2025May 8, 2025Aug 7, 2025Nov 6, 2025Feb 4, 2026May 6, 2026Aug 5, 2026Nov 5, 2026
EPS Estimate0.000.000.350.400.400.420.400.350.390.890.930.890.830.931.021.091.151.201.221.221.121.071.041.061.111.141.131.221.301.341.371.351.411.591.661.631.781.87
EPS Actual0.040.310.390.400.410.450.380.350.380.910.990.920.891.001.071.131.181.251.271.231.111.191.051.081.111.181.151.101.161.351.451.361.541.631.781.822.07-
Surprise--11.43%0.00%2.50%7.14%-5.00%0.00%-2.56%2.25%6.45%3.37%7.23%7.53%4.90%3.67%2.61%4.17%4.10%0.82%-0.89%11.21%0.96%1.89%0.00%3.51%1.77%-9.84%-10.77%0.75%5.84%0.74%9.22%2.52%7.23%11.66%16.29%-
Timing--After-hoursPre-marketPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap6.74B
Enterprise Value7.48B
Trailing P/E19.75
Forward P/E12.69
Price / Sales4.33
Price / Book2.75
EPS5.55
Book Value38.58
Revenue (TTM)1.56B
Gross Profit (TTM)893.68M
EBITDA804.53M
Profit Margin29.57%
Operating Margin48.99%
Return on Equity19.05%
Return on Assets10.68%
Shares Outstanding61.51M
Shares Float47.31M
Beta1.11
Dividend Yield1.84%
Dividend Rate2.00
Payout Ratio27.12%

Analyst Ratings

Buy
Based on 8 analystsTarget 114.33
  • Strong Buy
    2
  • Buy
    2
  • Hold
    4

Ownership Breakdown

Institutions
81.01%
Insiders
11.22%
Retail / Other
7.77%

Top Institutional Holders

  • BlackRock Inc
    6.97M11.33%
  • Amundi
    3.05M4.97%
  • Bahl & Gaynor Inc.
    3.04M4.95%
  • Vanguard Capital Management, LLC
    2.24M3.65%
  • Crestview Partners II GP, LP
    2.00M3.24%
  • Vanguard Portfolio Management, LLC
    1.99M3.23%
  • Capital World Investors
    1.95M3.17%
  • Dimensional Fund Advisors, Inc.
    1.89M3.08%
  • State Street Corp
    1.84M3.00%
  • Van Berkom and Associates Inc
    1.22M1.99%
  • Geode Capital Management, LLC
    1.17M1.90%
  • Granahan Investment Management Inc..
    1.09M1.77%
  • Bank of America Corp
    1.01M1.64%
  • American Century Companies Inc
    1.00M1.63%
  • Franklin Templeton Inc
    993.18K1.61%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    2.82M4.59%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.59M2.59%
  • American Funds SMALLCAP World A
    1.47M2.38%
  • iShares Russell 2000 ETF
    1.11M1.81%
  • Avantis US Small Cap Value ETF
    975.11K1.59%

Dividends

20263×
0.50Sep 10, 20260.50Jun 10, 20260.49Mar 10, 2026
20254×
0.49Dec 10, 20250.49Sep 10, 20250.49Jun 10, 20250.47Feb 18, 2025
20244×
0.44Dec 9, 20240.41Sep 10, 20240.37Jun 10, 20240.34Mar 8, 2024
20234×
0.32Dec 8, 20230.32Sep 8, 20230.32Jun 9, 20230.32Mar 9, 2023
20224×
0.25Dec 8, 20220.25Sep 9, 20220.25Jun 9, 20220.25Mar 9, 2022
20214×
0.17Dec 9, 20210.15Sep 9, 20210.12Jun 9, 20210.09Mar 9, 2021
20201×
0.07Dec 9, 2020