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Victory Capital Holdings, Inc.

VCTRFinancial ServicesNASDAQ

Asset Management

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Financials · Annual
Revenue
$1.31B
+46.2% YoY
Net Income
$330.1M
+14.3% YoY
EBITDA
$576.7M
+19.8% YoY
Free Cash Flow
$450.7M

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About Victory Capital Holdings, Inc.

Victory Capital Holdings, Inc., together with its subsidiaries, operates as an asset management company in the United States and internationally. At a $5.32B market cap, Victory Capital Holdings, Inc. ranks as a mid-cap company within financial services. It offers specialized investment strategies to institutions, intermediaries, retirement platforms, and individual investors.

Key stats
Market Cap$5.32B
P/E (TTM)19.11
Fwd P/E11.08
EPS$4.45
Beta1.11
52W Change+35.9%
Dividend Yield2.35%
ROE21.7%
Analysis

On the balance sheet, VCTR has $75.8M in cash with $1.01B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. The company generates $450.7M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. ROE of 21.7% points to strong capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Return on assets of 12.2% further supports the picture of efficient asset utilization. Revenue has grown from $854.8M (2022) to $1.31B (2025), reflecting a 53% increase over the period.

Victory Capital Holdings, Inc. carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Victory Capital Holdings, Inc.'s trajectory.

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VCTR — Victory Capital Holdings, Inc. Technical Analysis | Scanance