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Victory Capital (VCTR) Financials

Victory Capital logo
$56.28 +0.40 (+0.72%)
Closing price 04:00 PM Eastern
Extended Trading
$56.30 +0.02 (+0.04%)
As of 04:25 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Annual Income Statements for Victory Capital

Annual Income Statements for Victory Capital

This table shows Victory Capital's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders
3.80 -6.07 26 64 92 213 278 276 213 289
Consolidated Net Income / (Loss)
3.80 -6.07 26 64 92 213 278 276 213 289
Net Income / (Loss) Continuing Operations
3.80 -6.07 26 64 92 213 278 276 213 289
Total Pre-Tax Income
7.22 -9.07 38 85 121 279 351 350 276 374
Total Revenue
241 298 410 413 612 775 890 855 821 893
Net Interest Income / (Expense)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Interest Income
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Non-Interest Income
241 298 410 413 612 775 890 855 821 893
Other Non-Interest Income
- - 410 413 612 - 890 855 821 893
Total Non-Interest Expense
234 308 368 320 489 461 541 500 554 530
Salaries and Employee Benefits
94 123 144 146 180 197 235 238 221 217
Insurance Policy Acquisition Costs
- - 103 95 147 176 176 161 150 146
Other Operating Expenses
100 139 82 51 87 51 78 96 118 121
Depreciation Expense
27 30 30 23 24 16 19 43 42 30
Restructuring Charge
12 16 8.01 5.05 51 20 33 -39 24 15
Nonoperating Income / (Expense), net
0.05 1.09 -3.24 -8.91 -3.03 -36 1.45 -5.11 8.73 10
Income Tax Expense
3.42 -3.00 13 21 28 66 72 75 63 85
Basic Earnings per Share
$0.08 ($0.12) $0.47 $0.96 $1.37 $3.14 $4.10 $4.02 $3.22 $4.47
Weighted Average Basic Shares Outstanding
46.41M 50.02M 54.93M 66.30M 67.62M 67.71M 67.98M 68.48M 66.20M 64.61M
Diluted Earnings per Share
$0.08 ($0.12) $0.43 $0.90 $1.26 $2.88 $3.75 $3.81 $3.12 $4.38
Weighted Average Diluted Shares Outstanding
48.09M 50.02M 59.58M 70.51M 73.47M 73.72M 74.15M 72.27M 68.21M 65.93M
Weighted Average Basic & Diluted Shares Outstanding
- 50.60M 54.90M 66.40M 67.50M 67.70M 68.75M 67.58M 64.32M 63.66M
Cash Dividends to Common per Share
$1.28 - $2.42 $0.00 $0.10 $0.23 $0.53 $1.00 $1.28 $1.56

Quarterly Income Statements for Victory Capital

This table shows Victory Capital's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Income / (Loss) Attributable to Common Shareholders
73 52 49 57 52 55 56 74 82 77
Consolidated Net Income / (Loss)
73 52 49 57 52 55 56 74 82 77
Net Income / (Loss) Continuing Operations
73 52 49 57 52 55 56 74 82 77
Total Pre-Tax Income
85 69 62 75 66 74 72 96 108 99
Total Revenue
207 202 201 204 210 206 216 220 226 232
Total Non-Interest Income
207 202 201 204 210 206 216 220 226 232
Total Non-Interest Expense
120 135 141 132 145 136 148 125 122 135
Salaries and Employee Benefits
57 59 58 55 55 54 59 56 43 59
Insurance Policy Acquisition Costs
39 38 38 37 38 36 36 36 37 37
Other Operating Expenses
24 27 27 28 30 33 30 31 30 29
Depreciation Expense
11 11 12 9.65 12 7.98 7.60 7.55 7.51 7.51
Restructuring Charge
-10 0.89 7.43 1.52 11 4.40 14 -5.05 3.66 3.06
Nonoperating Income / (Expense), net
-1.82 2.87 1.54 1.97 1.45 3.77 3.57 1.46 3.55 1.51
Income Tax Expense
13 17 13 18 14 18 16 22 26 22
Basic Earnings per Share
$1.06 $0.76 $0.73 $0.85 $0.79 $0.85 $0.86 $1.15 $1.26 $1.20
Weighted Average Basic Shares Outstanding
68.61M 68.48M 67.29M 66.47M 65.77M 66.20M 64.39M 64.73M 64.88M 64.61M
Diluted Earnings per Share
$1.01 $0.74 $0.71 $0.83 $0.77 $0.81 $0.84 $1.12 $1.24 $1.18
Weighted Average Diluted Shares Outstanding
71.88M 72.27M 69.73M 68.50M 67.68M 68.21M 65.97M 66.08M 66.06M 65.93M
Weighted Average Basic & Diluted Shares Outstanding
68.51M 67.58M 66.89M 65.77M 65.99M 64.32M 64.71M 64.88M 65.03M 63.66M
Cash Dividends to Common per Share
$0.25 $0.25 $0.32 $0.32 $0.32 $0.32 $0.34 $0.37 $0.41 $0.44

Annual Cash Flow Statements for Victory Capital

This table details how cash moves in and out of Victory Capital's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Change in Cash & Equivalents
-11 1.30 -3.52 39 -14 -14 47 -31 85 3.18
Net Cash From Operating Activities
41 40 96 134 227 251 376 335 330 340
Net Cash From Continuing Operating Activities
41 40 96 134 227 251 376 335 330 340
Net Income / (Loss) Continuing Operations
3.80 -6.07 26 64 92 213 278 276 213 289
Consolidated Net Income / (Loss)
3.80 -6.07 26 64 92 213 278 276 213 289
Depreciation Expense
27 30 29 26 22 15 15 48 40 29
Amortization Expense
3.21 4.79 6.61 2.88 3.89 4.47 3.43 4.48 1.45 -12
Non-Cash Adjustments to Reconcile Net Income
10 7.67 34 30 37 74 65 5.99 30 54
Changes in Operating Assets and Liabilities, net
-4.07 3.14 0.51 12 72 -55 14 1.39 46 -20
Net Cash From Investing Activities
-20 -210 -8.53 -12 -850 -12 -557 -6.32 -7.84 -3.98
Net Cash From Continuing Investing Activities
-20 -210 -8.53 -12 -850 -12 -557 -6.32 -7.84 -3.98
Purchase of Property, Leasehold Improvements and Equipment
-1.93 -1.16 -5.11 -2.55 -5.24 -8.06 -13 -5.25 -5.17 -1.28
Purchase of Investment Securities
-21 -213 -12 -12 -847 -8.85 -554 -25 -14 -13
Sale and/or Maturity of Investments
2.92 3.88 5.25 2.77 2.91 4.57 9.88 24 11 11
Net Cash From Financing Activities
-31 172 -91 -84 608 -253 227 -360 -237 -333
Net Cash From Continuing Financing Activities
-31 172 -91 -84 608 -253 227 -360 -237 -333
Issuance of Common Equity
1.67 89 3.19 158 4.08 4.76 8.38 14 6.29 8.88
Repayment of Debt
-17 -21 -68 -580 -428 -162 -142 -149 0.00 -30
Repurchase of Common Equity
-1.19 -11 -4.65 -8.18 -16 -30 -32 -101 -139 -104
Payment of Dividends
-60 -0.63 -135 -0.83 -7.44 -16 -37 -69 -85 -101
Other Financing Activities, Net
-4.09 -18 -12 -12 -33 -49 -73 -55 -19 -107
Effect of Exchange Rate Changes
- - 0.12 -0.07 0.04 0.04 -0.04 -0.07 0.06 -0.05
Cash Interest Paid
23 29 41 18 23 39 19 32 71 79
Cash Income Taxes Paid
0.61 0.50 0.76 18 25 38 55 36 39 52

Quarterly Cash Flow Statements for Victory Capital

This table details how cash moves in and out of Victory Capital's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Change in Cash & Equivalents
24 -28 0.16 5.45 64 16 -44 39 69 -62
Net Cash From Operating Activities
103 67 64 77 92 97 69 80 100 92
Net Cash From Continuing Operating Activities
103 67 64 77 92 97 69 80 100 92
Net Income / (Loss) Continuing Operations
73 52 49 57 52 55 56 74 82 77
Consolidated Net Income / (Loss)
73 52 49 57 52 55 56 74 82 77
Depreciation Expense
12 10 11 8.90 13 6.81 6.30 7.70 6.20 9.28
Amortization Expense
1.10 1.08 1.05 1.06 1.07 -1.72 -3.10 -3.05 -3.12 -3.12
Non-Cash Adjustments to Reconcile Net Income
3.78 1.50 18 14 19 -22 24 6.36 15 8.88
Changes in Operating Assets and Liabilities, net
14 1.75 -15 -3.49 6.20 58 -14 -5.56 -0.31 -0.17
Net Cash From Investing Activities
-0.51 1.34 -1.55 -2.38 -2.35 -1.57 -0.91 -0.61 -0.07 -2.40
Net Cash From Continuing Investing Activities
-0.51 1.34 -1.55 -2.38 -2.35 -1.57 -0.91 -0.61 -0.07 -2.40
Purchase of Property, Leasehold Improvements and Equipment
-1.38 -0.96 -0.57 -2.00 -1.80 -0.80 -0.50 -0.23 -0.40 -0.16
Purchase of Investment Securities
-6.15 -6.51 -2.95 -1.35 -5.07 -4.49 -0.71 -1.17 -8.36 -3.14
Sale and/or Maturity of Investments
7.02 8.80 1.97 0.97 4.52 3.72 0.30 0.79 8.69 0.90
Net Cash From Financing Activities
-78 -97 -62 -70 -25 -80 -111 -40 -31 -151
Net Cash From Continuing Financing Activities
-78 -97 -62 -70 -25 -80 -111 -40 -31 -151
Issuance of Common Equity
9.37 1.67 1.77 1.49 2.15 0.87 3.27 2.21 1.72 1.68
Repayment of Debt
-19 -15 - - - - - - - -20
Repurchase of Common Equity
-32 -40 -34 -45 -1.91 -57 -2.95 -2.14 -1.63 -97
Payment of Dividends
-17 -17 -22 -21 -21 -21 -22 -24 -27 -28
Other Financing Activities, Net
-19 -27 -7.69 -4.09 -4.14 -2.78 -89 -6.61 -4.08 -7.46
Effect of Exchange Rate Changes
-0.12 0.18 0.02 -0.02 -0.01 0.07 -0.04 0.00 0.17 -0.18
Cash Interest Paid
9.64 7.86 15 17 18 20 20 19 19 20
Cash Income Taxes Paid
2.96 9.61 1.00 23 9.54 4.68 1.13 29 9.68 12

Annual Balance Sheets for Victory Capital

This table presents Victory Capital's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024
Total Assets
851 793 802 1,753 1,731 2,580 2,541 2,543 2,548
Cash and Due from Banks
16 13 51 37 23 70 38 124 127
Trading Account Securities
6.16 11 13 0.77 0.92 0.91 0.47 0.53 0.61
Loans and Leases, Net of Allowance
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Premises and Equipment, Net
9.54 8.84 8.78 13 19 25 21 20 12
Goodwill
284 284 284 405 405 982 982 982 982
Intangible Assets
434 408 388 1,175 1,163 1,350 1,315 1,282 1,261
Other Assets
100 67 56 122 121 11 185 135 166
Total Liabilities & Shareholders' Equity
851 793 802 1,753 1,731 2,580 2,541 2,543 2,548
Total Liabilities
520 561 346 1,215 1,023 1,194 1,475 1,490 1,426
Long-Term Debt
436 493 275 925 769 1,128 986 989 964
Other Long-Term Liabilities
53 46 51 202 254 66 490 500 462
Total Equity & Noncontrolling Interests
331 231 456 538 708 930 1,065 1,053 1,122
Total Preferred & Common Equity
331 231 456 538 708 930 1,065 1,053 1,122
Total Common Equity
331 231 455 538 708 930 1,065 1,053 1,122
Common Stock
422 436 604 625 648 674 706 729 753
Retained Earnings
-75 -184 -120 -35 162 403 609 737 925
Treasury Stock
-16 - - -53 0.00 -153 -285 -444 -575
Accumulated Other Comprehensive Income / (Loss)
-0.54 0.06 -0.09 0.00 -7.46 5.97 35 31 19

Quarterly Balance Sheets for Victory Capital

This table presents Victory Capital's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Total Assets
2,589 2,528 2,538 2,592 2,506 2,541 2,612
Cash and Due from Banks
67 38 44 108 80 119 188
Trading Account Securities
- - - 30 34 34 35
Loans and Leases, Net of Allowance
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Premises and Equipment, Net
23 20 22 21 18 16 14
Goodwill
982 982 982 982 982 982 982
Intangible Assets
1,324 1,305 1,298 1,288 1,277 1,271 1,266
Other Assets
194 69 193 163 117 120 128
Total Liabilities & Shareholders' Equity
2,589 2,528 2,538 2,592 2,506 2,541 2,612
Total Liabilities
1,522 1,140 1,492 1,516 1,429 1,418 1,437
Long-Term Debt
1,000 986 987 988 990 982 983
Other Long-Term Liabilities
522 154 505 527 439 437 455
Total Equity & Noncontrolling Interests
1,067 1,049 1,046 1,076 1,077 1,123 1,175
Total Preferred & Common Equity
1,067 1,049 1,046 1,076 1,077 1,123 1,175
Total Common Equity
1,067 1,049 1,046 1,076 1,077 1,123 1,175
Common Stock
700 712 718 724 736 742 748
Retained Earnings
574 636 671 702 770 820 876
Treasury Stock
-244 -330 -378 -384 -458 -465 -471
Accumulated Other Comprehensive Income / (Loss)
37 30 34 34 28 25 22

Annual Metrics and Ratios for Victory Capital

This table displays calculated financial ratios and metrics derived from Victory Capital's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
0.00% 23.72% 37.51% 0.92% 48.13% 26.61% 14.82% -3.98% -3.95% 8.82%
EBITDA Growth
0.00% -34.92% 214.85% 58.32% 21.77% 123.20% 10.18% 10.75% -24.31% 23.46%
EBIT Growth
0.00% -241.56% 510.56% 124.99% 31.86% 154.38% 10.96% 1.70% -24.77% 36.12%
NOPAT Growth
0.00% -288.33% 493.87% 151.36% 34.69% 153.26% 15.46% 0.83% -26.16% 36.17%
Net Income Growth
0.00% -259.76% 525.40% 146.67% 45.19% 129.78% 30.99% -1.03% -22.63% 35.52%
EPS Growth
0.00% -250.00% 458.33% 109.30% 40.00% 128.57% 30.21% 1.60% -18.11% 40.38%
Operating Cash Flow Growth
0.00% -2.74% 143.22% 39.70% 69.25% 10.22% 50.11% -10.89% -1.47% 2.93%
Free Cash Flow Firm Growth
0.00% 0.00% 109.11% -8.68% -1,089.48% 135.46% -436.43% 197.68% -71.04% 10.59%
Invested Capital Growth
0.00% 0.00% -5.55% 0.83% 100.26% 0.97% 70.27% -18.42% -0.42% 2.12%
Revenue Q/Q Growth
0.00% 0.00% 0.00% -2.29% 25.03% -2.29% 3.47% -3.25% 0.52% 3.07%
EBITDA Q/Q Growth
0.00% 0.00% 0.00% 4.65% 23.55% 21.09% -4.48% -3.34% -0.96% 8.06%
EBIT Q/Q Growth
0.00% 0.00% 0.00% 5.27% 29.22% 22.45% -5.88% -5.05% 1.32% 8.13%
NOPAT Q/Q Growth
0.00% 0.00% 0.00% 4.61% 30.79% 21.75% -4.25% -6.54% 1.11% 9.08%
Net Income Q/Q Growth
0.00% 0.00% 0.00% 4.44% 34.40% 8.87% 5.63% -5.96% 1.40% 8.14%
EPS Q/Q Growth
0.00% 0.00% 0.00% 1.12% 34.04% 8.68% 5.63% -4.99% 2.30% 9.23%
Operating Cash Flow Q/Q Growth
0.00% 0.00% 0.00% -1.69% 12.49% 3.38% 13.33% -11.85% 9.99% -1.53%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% 0.00% 0.00% 22.92% -32.98% -388.62% 378.98% 4.13% 44.31%
Invested Capital Q/Q Growth
0.00% 0.00% 0.00% 1.98% -9.47% 0.08% 67.43% -0.77% -1.07% -3.33%
Profitability Metrics
- - - - - - - - - -
EBITDA Margin
15.73% 8.27% 18.94% 29.72% 24.43% 43.06% 41.33% 47.67% 37.56% 42.62%
EBIT Margin
2.98% -3.41% 10.18% 22.70% 20.20% 40.59% 39.22% 41.55% 32.54% 40.70%
Profit (Net Income) Margin
1.58% -2.04% 6.30% 15.41% 15.10% 27.41% 31.27% 32.23% 25.96% 32.33%
Tax Burden Percent
52.62% 66.93% 67.15% 75.02% 76.64% 76.30% 79.39% 78.71% 77.26% 77.29%
Interest Burden Percent
100.66% 89.31% 92.22% 90.50% 97.55% 88.51% 100.42% 98.56% 103.27% 102.77%
Effective Tax Rate
47.38% 0.00% 32.85% 24.98% 23.36% 23.70% 20.61% 21.29% 22.74% 22.71%
Return on Invested Capital (ROIC)
0.00% -1.85% 3.76% 9.68% 8.65% 16.34% 13.89% 12.25% 10.09% 13.62%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% -1.38% 3.29% 7.94% 8.26% 13.08% 13.99% 11.93% 10.77% 14.42%
Return on Net Nonoperating Assets (RNNOA)
0.00% -1.81% 5.43% 8.87% 9.97% 17.79% 20.11% 15.37% 10.04% 12.95%
Return on Equity (ROE)
0.00% -3.67% 9.19% 18.55% 18.62% 34.13% 34.00% 27.62% 20.12% 26.57%
Cash Return on Invested Capital (CROIC)
0.00% -201.85% 9.46% 8.86% -58.14% 15.38% -38.10% 32.54% 10.51% 11.52%
Operating Return on Assets (OROA)
0.00% -1.19% 5.07% 11.77% 9.69% 18.07% 16.20% 13.87% 10.51% 14.29%
Return on Assets (ROA)
0.00% -0.71% 3.14% 7.99% 7.24% 12.20% 12.92% 10.76% 8.39% 11.35%
Return on Common Equity (ROCE)
0.00% -3.67% 9.19% 18.53% 18.61% 34.13% 34.00% 27.62% 20.12% 26.57%
Return on Equity Simple (ROE_SIMPLE)
0.00% -1.83% 11.17% 13.98% 17.20% 30.04% 29.94% 25.86% 20.24% 25.75%
Net Operating Profit after Tax (NOPAT)
3.78 -7.11 28 70 95 240 277 280 206 281
NOPAT Margin
1.57% -2.39% 6.84% 17.03% 15.48% 30.97% 31.14% 32.70% 25.14% 31.46%
Net Nonoperating Expense Percent (NNEP)
0.00% -0.48% 0.47% 1.74% 0.39% 3.26% -0.10% 0.31% -0.68% -0.80%
SG&A Expenses to Revenue
38.97% 41.16% 35.18% 35.29% 29.36% 25.43% 26.38% 27.87% 26.92% 24.31%
Operating Expenses to Revenue
97.02% 103.41% 89.82% 77.30% 79.80% 59.41% 60.78% 58.45% 67.46% 59.30%
Earnings before Interest and Taxes (EBIT)
7.18 -10 42 94 124 315 349 355 267 364
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
38 25 78 123 150 334 368 407 308 381
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
0.00 0.46 0.66 1.34 2.34 2.12 2.44 1.60 2.08 3.77
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)
0.63 0.51 0.37 1.48 2.05 1.94 2.55 1.99 2.67 4.73
Price to Earnings (P/E)
40.03 0.00 5.89 9.59 13.59 7.07 8.16 6.18 10.27 14.64
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.54% 1.03% 1.59% 4.02% 3.86% 2.39%
Earnings Yield
2.50% 0.00% 16.98% 10.43% 7.36% 14.14% 12.26% 16.18% 9.73% 6.83%
Enterprise Value to Invested Capital (EV/IC)
0.00 0.75 0.87 1.14 1.47 1.52 1.32 1.29 1.50 2.43
Enterprise Value to Revenue (EV/Rev)
0.00 1.92 1.54 2.02 3.50 2.90 3.74 3.10 3.72 5.67
Enterprise Value to EBITDA (EV/EBITDA)
0.00 23.19 8.15 6.79 14.34 6.74 9.05 6.51 9.91 13.30
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 15.16 8.89 17.33 7.15 9.54 7.46 11.44 13.93
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 22.58 11.85 22.62 9.37 12.01 9.48 14.80 18.02
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 14.45 6.57 6.21 9.43 8.98 8.85 7.91 9.25 14.90
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 8.96 12.95 0.00 9.95 0.00 3.57 14.21 21.30
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.00 1.32 2.13 0.60 1.72 1.09 1.21 0.93 0.94 0.86
Long-Term Debt to Equity
0.00 1.32 2.13 0.60 1.72 1.09 1.21 0.93 0.94 0.86
Financial Leverage
0.00 1.32 1.65 1.12 1.21 1.36 1.44 1.29 0.93 0.90
Leverage Ratio
0.00 2.57 2.92 2.32 2.57 2.80 2.63 2.57 2.40 2.34
Compound Leverage Factor
0.00 2.30 2.70 2.10 2.51 2.48 2.64 2.53 2.48 2.41
Debt to Total Capital
0.00% 56.83% 68.08% 37.62% 63.22% 52.08% 54.81% 48.05% 48.44% 46.22%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
0.00% 56.83% 68.08% 37.62% 63.22% 52.08% 54.81% 48.05% 48.44% 46.22%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
0.00% 43.17% 31.92% 62.29% 36.78% 47.92% 45.19% 51.95% 51.56% 53.78%
Debt to EBITDA
0.00 17.68 6.35 2.24 6.18 2.30 3.07 2.42 3.21 2.53
Net Debt to EBITDA
0.00 17.02 6.19 1.82 5.93 2.24 2.88 2.32 2.81 2.20
Long-Term Debt to EBITDA
0.00 17.68 6.35 2.24 6.18 2.30 3.07 2.42 3.21 2.53
Debt to NOPAT
0.00 -61.29 17.61 3.90 9.75 3.20 4.07 3.53 4.79 3.43
Net Debt to NOPAT
0.00 -58.98 17.15 3.17 9.36 3.11 3.82 3.39 4.19 2.98
Long-Term Debt to NOPAT
0.00 -61.29 17.61 3.90 9.75 3.20 4.07 3.53 4.79 3.43
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.10% 0.07% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
0.00 -774 71 64 -637 226 -760 743 215 238
Operating Cash Flow to CapEx
2,143.07% 3,432.29% 4,581.66% 5,276.71% 4,340.22% 3,109.77% 2,968.25% 6,391.06% 6,389.84% 26,602.43%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.00 0.35 0.50 0.52 0.48 0.45 0.41 0.33 0.32 0.35
Fixed Asset Turnover
0.00 31.21 44.55 46.91 55.62 48.48 40.43 36.81 40.32 56.82
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
0.00 767 724 730 1,462 1,477 2,514 2,051 2,042 2,085
Invested Capital Turnover
0.00 0.78 0.55 0.57 0.56 0.53 0.45 0.37 0.40 0.43
Increase / (Decrease) in Invested Capital
0.00 767 -43 5.98 732 14 1,038 -463 -8.65 43
Enterprise Value (EV)
0.00 571 632 834 2,145 2,249 3,330 2,651 3,055 5,065
Market Capitalization
152 152 152 611 1,257 1,503 2,271 1,703 2,190 4,228
Book Value per Share
$0.00 $6.62 $4.21 $6.71 $7.96 $10.49 $13.65 $15.55 $15.96 $17.25
Tangible Book Value per Share
$0.00 ($7.75) ($8.39) ($3.20) ($15.43) ($12.74) ($20.58) ($17.97) ($18.35) ($17.23)
Total Capital
0.00 767 724 730 1,462 1,477 2,058 2,051 2,042 2,085
Total Debt
0.00 436 493 275 925 769 1,128 986 989 964
Total Long-Term Debt
0.00 436 493 275 925 769 1,128 986 989 964
Net Debt
0.00 419 480 223 887 746 1,058 947 866 837
Capital Expenditures (CapEx)
1.90 1.15 2.10 2.55 5.24 8.06 13 5.25 5.17 1.28
Net Nonoperating Expense (NNE)
-0.02 -1.04 2.18 6.69 2.32 28 -1.15 4.02 -6.75 -7.79
Net Nonoperating Obligations (NNO)
0.00 436 493 275 925 769 1,584 986 989 964
Total Depreciation and Amortization (D&A)
31 35 36 29 26 19 19 52 41 17
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$0.08 ($0.12) $0.47 $0.96 $1.37 $3.14 $4.10 $4.02 $3.22 $4.47
Adjusted Weighted Average Basic Shares Outstanding
46.41M 50.02M 54.93M 66.30M 67.62M 67.71M 67.98M 68.48M 66.20M 64.61M
Adjusted Diluted Earnings per Share
$0.08 ($0.12) $0.43 $0.90 $1.26 $2.88 $3.75 $3.81 $3.12 $4.38
Adjusted Weighted Average Diluted Shares Outstanding
48.09M 50.02M 59.58M 70.51M 73.47M 73.72M 74.15M 72.27M 68.21M 65.93M
Adjusted Basic & Diluted Earnings per Share
$0.08 $0.00 $0.00 $0.00 $1.37 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 50.60M 67.95M 67.50M 67.89M 67.70M 68.75M 67.58M 64.32M 63.66M
Normalized Net Operating Profit after Tax (NOPAT)
10 4.27 33 74 134 256 303 249 225 293
Normalized NOPAT Margin
4.19% 1.43% 8.15% 17.94% 21.85% 32.96% 34.05% 29.09% 27.40% 32.79%
Pre Tax Income Margin
3.00% -3.05% 9.39% 20.54% 19.71% 35.92% 39.39% 40.95% 33.61% 41.83%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
1,581.61% -10.33% 523.39% 1.30% 8.04% 7.64% 13.35% 25.12% 40.08% 35.00%
Augmented Payout Ratio
1,612.79% -183.76% 541.41% 14.14% 24.84% 21.70% 24.67% 61.84% 105.43% 70.86%

Quarterly Metrics and Ratios for Victory Capital

This table displays calculated financial ratios and metrics derived from Victory Capital's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
-8.41% -12.49% -12.48% -5.45% 1.17% 2.12% 7.22% 7.54% 7.60% 12.91%
EBITDA Growth
1.48% -15.32% -30.72% -33.89% -21.58% -3.86% -1.25% 19.83% 36.25% 37.94%
EBIT Growth
-6.42% -22.18% -34.65% -33.62% -26.03% 5.25% 13.26% 29.87% 61.24% 39.18%
NOPAT Growth
-0.66% -27.87% -33.88% -33.15% -31.56% 4.55% 10.17% 32.53% 55.86% 44.65%
Net Income Growth
-1.90% -25.05% -30.87% -28.45% -28.53% 5.62% 13.03% 31.02% 57.64% 39.37%
EPS Growth
1.00% -21.28% -26.80% -23.85% -23.76% 9.46% 18.31% 34.94% 61.04% 45.68%
Operating Cash Flow Growth
3.18% -40.17% -14.24% -14.22% -11.10% 44.73% 7.06% 2.97% 8.90% -5.45%
Free Cash Flow Firm Growth
-1,108.62% 153.02% 42.45% 146.33% 110.85% -88.11% 228.75% -99.42% -125.52% -46.69%
Invested Capital Growth
37.65% -18.42% 16.01% -12.88% -0.12% -0.42% -12.94% 3.49% 4.50% 2.12%
Revenue Q/Q Growth
-4.05% -2.77% -0.10% 1.44% 2.67% -1.86% 4.89% 1.74% 2.74% 2.99%
EBITDA Q/Q Growth
-19.82% -22.28% -6.97% 14.03% -4.88% -4.71% -4.45% 38.37% 8.15% -3.53%
EBIT Q/Q Growth
-20.33% -23.96% -8.98% 20.39% -11.23% 8.20% -2.06% 38.05% 10.21% -6.60%
NOPAT Q/Q Growth
-9.96% -32.58% -4.10% 14.84% -7.82% 2.98% 1.05% 38.15% 8.42% -4.43%
Net Income Q/Q Growth
-8.13% -28.17% -5.73% 15.01% -8.23% 6.15% 0.88% 33.33% 10.41% -6.15%
EPS Q/Q Growth
-7.34% -26.73% -4.05% 16.90% -7.23% 5.19% 3.70% 33.33% 10.71% -4.84%
Operating Cash Flow Q/Q Growth
14.21% -34.90% -4.38% 20.65% 18.37% 5.97% -29.27% 16.04% 25.19% -7.99%
Free Cash Flow Firm Q/Q Growth
36.06% 204.53% -154.51% 227.18% -85.03% 14.61% 490.14% -99.43% -758.89% 339.42%
Invested Capital Q/Q Growth
-11.45% -0.77% 15.78% -14.37% 1.52% -1.07% 1.23% 1.80% 2.51% -3.33%
Profitability Metrics
- - - - - - - - - -
EBITDA Margin
48.33% 38.63% 35.97% 40.44% 37.46% 36.37% 33.13% 45.06% 47.43% 44.43%
EBIT Margin
42.05% 32.89% 29.97% 35.56% 30.75% 33.90% 31.65% 42.95% 46.07% 41.78%
Profit (Net Income) Margin
35.11% 25.94% 24.48% 27.75% 24.80% 26.83% 25.80% 33.81% 36.34% 33.11%
Tax Burden Percent
85.26% 75.59% 79.64% 75.97% 78.89% 75.09% 77.47% 77.53% 76.26% 78.04%
Interest Burden Percent
97.92% 104.33% 102.56% 102.71% 102.25% 105.40% 105.22% 101.54% 103.42% 101.55%
Effective Tax Rate
14.74% 24.41% 20.36% 24.03% 21.11% 24.91% 22.53% 22.47% 23.74% 21.96%
Return on Invested Capital (ROIC)
17.76% 9.31% 8.92% 10.07% 9.59% 10.21% 9.23% 13.69% 14.43% 14.12%
ROIC Less NNEP Spread (ROIC-NNEP)
17.57% 9.48% 9.02% 10.21% 9.71% 10.50% 9.46% 13.81% 14.70% 14.24%
Return on Net Nonoperating Assets (RNNOA)
14.83% 12.21% 10.58% 11.18% 9.00% 9.79% 10.31% 12.54% 12.88% 12.79%
Return on Equity (ROE)
32.59% 21.52% 19.50% 21.25% 18.59% 20.00% 19.54% 26.23% 27.31% 26.90%
Cash Return on Invested Capital (CROIC)
-14.92% 32.54% -3.30% 24.18% 10.00% 10.51% 23.35% 7.65% 7.81% 11.52%
Operating Return on Assets (OROA)
16.97% 10.98% 9.71% 11.34% 9.69% 10.95% 10.51% 14.39% 15.35% 14.67%
Return on Assets (ROA)
14.16% 8.66% 7.93% 8.85% 7.82% 8.67% 8.56% 11.33% 12.11% 11.62%
Return on Common Equity (ROCE)
32.59% 21.52% 19.50% 21.25% 18.59% 20.00% 19.54% 26.23% 27.31% 26.90%
Return on Equity Simple (ROE_SIMPLE)
27.46% 0.00% 24.18% 22.08% 19.53% 0.00% 20.39% 21.12% 22.74% 0.00%
Net Operating Profit after Tax (NOPAT)
74 50 48 55 51 52 53 73 79 76
NOPAT Margin
35.85% 24.86% 23.86% 27.02% 24.26% 25.45% 24.52% 33.29% 35.14% 32.61%
Net Nonoperating Expense Percent (NNEP)
0.19% -0.17% -0.10% -0.13% -0.12% -0.29% -0.24% -0.11% -0.27% -0.12%
SG&A Expenses to Revenue
27.44% 29.20% 28.61% 26.90% 25.99% 26.22% 27.54% 25.34% 19.17% 25.33%
Operating Expenses to Revenue
57.95% 67.11% 70.03% 64.44% 69.25% 66.10% 68.35% 57.05% 53.93% 58.22%
Earnings before Interest and Taxes (EBIT)
87 66 60 73 64 70 68 94 104 97
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
100 78 72 83 79 75 72 99 107 103
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
1.40 1.60 1.80 1.95 1.97 2.08 2.51 2.75 3.06 3.77
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)
1.69 1.99 2.29 2.50 2.60 2.67 3.24 3.63 4.15 4.73
Price to Earnings (P/E)
5.11 6.18 7.46 8.82 10.09 10.27 12.34 13.02 13.45 14.64
Dividend Yield
4.21% 4.02% 3.82% 3.74% 3.75% 3.86% 3.08% 2.82% 2.59% 2.39%
Earnings Yield
19.58% 16.18% 13.41% 11.34% 9.92% 9.73% 8.11% 7.68% 7.43% 6.83%
Enterprise Value to Invested Capital (EV/IC)
1.18 1.29 1.20 1.47 1.45 1.50 1.75 1.88 2.03 2.43
Enterprise Value to Revenue (EV/Rev)
2.75 3.10 3.44 3.66 3.67 3.72 4.33 4.64 5.06 5.67
Enterprise Value to EBITDA (EV/EBITDA)
5.76 6.51 7.56 8.95 9.64 9.91 11.77 12.20 12.45 13.30
Enterprise Value to EBIT (EV/EBIT)
6.50 7.46 8.79 10.41 11.38 11.44 13.15 13.31 13.05 13.93
Enterprise Value to NOPAT (EV/NOPAT)
8.12 9.48 11.14 13.11 14.70 14.80 17.13 17.24 17.03 18.02
Enterprise Value to Operating Cash Flow (EV/OCF)
6.39 7.91 8.75 9.56 9.99 9.25 10.81 11.72 12.71 14.90
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 3.57 0.00 5.64 14.53 14.21 6.98 24.98 26.63 21.30
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.94 0.93 0.94 0.94 0.92 0.94 0.92 0.87 0.84 0.86
Long-Term Debt to Equity
0.94 0.93 0.94 0.94 0.92 0.94 0.92 0.87 0.84 0.86
Financial Leverage
0.84 1.29 1.17 1.10 0.93 0.93 1.09 0.91 0.88 0.90
Leverage Ratio
2.26 2.57 2.51 2.45 2.42 2.40 2.37 2.34 2.31 2.34
Compound Leverage Factor
2.22 2.68 2.57 2.52 2.47 2.53 2.49 2.38 2.39 2.38
Debt to Total Capital
48.38% 48.05% 48.47% 48.56% 47.87% 48.44% 47.90% 46.65% 45.55% 46.22%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
48.38% 48.05% 48.47% 48.56% 47.87% 48.44% 47.90% 46.65% 45.55% 46.22%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
51.62% 51.95% 51.53% 51.44% 52.13% 51.56% 52.10% 53.35% 54.45% 53.78%
Debt to EBITDA
2.37 2.42 2.63 2.96 3.17 3.21 3.22 3.03 2.79 2.53
Net Debt to EBITDA
2.21 2.32 2.53 2.83 2.83 2.81 2.96 2.66 2.25 2.20
Long-Term Debt to EBITDA
2.37 2.42 2.63 2.96 3.17 3.21 3.22 3.03 2.79 2.53
Debt to NOPAT
3.34 3.53 3.87 4.34 4.84 4.79 4.69 4.28 3.81 3.43
Net Debt to NOPAT
3.12 3.39 3.72 4.15 4.31 4.19 4.31 3.76 3.08 2.98
Long-Term Debt to NOPAT
3.34 3.53 3.87 4.34 4.84 4.79 4.69 4.28 3.81 3.43
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-491 513 -280 356 53 61 360 2.06 -14 33
Operating Cash Flow to CapEx
7,490.12% 6,996.04% 11,216.08% 3,870.30% 5,087.62% 12,198.62% 13,736.80% 35,424.00% 25,070.35% 59,232.90%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.40 0.33 0.32 0.32 0.32 0.32 0.33 0.34 0.33 0.35
Fixed Asset Turnover
37.75 36.81 37.21 34.58 36.85 40.32 44.93 44.69 49.65 56.82
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
2,067 2,051 2,375 2,033 2,064 2,042 2,067 2,105 2,157 2,085
Invested Capital Turnover
0.50 0.37 0.37 0.37 0.40 0.40 0.38 0.41 0.41 0.43
Increase / (Decrease) in Invested Capital
565 -463 328 -301 -2.39 -8.65 -307 71 93 43
Enterprise Value (EV)
2,430 2,651 2,839 2,980 3,000 3,055 3,619 3,951 4,389 5,065
Market Capitalization
1,497 1,703 1,891 2,036 2,120 2,190 2,709 3,089 3,594 4,228
Book Value per Share
$15.59 $15.55 $15.52 $15.64 $16.36 $15.96 $16.75 $17.35 $18.11 $17.25
Tangible Book Value per Share
($18.10) ($17.97) ($18.32) ($18.44) ($18.14) ($18.35) ($18.36) ($17.47) ($16.54) ($17.23)
Total Capital
2,067 2,051 2,035 2,033 2,064 2,042 2,067 2,105 2,157 2,085
Total Debt
1,000 986 986 987 988 989 990 982 983 964
Total Long-Term Debt
1,000 986 986 987 988 989 990 982 983 964
Net Debt
933 947 948 944 880 866 910 863 794 837
Capital Expenditures (CapEx)
1.38 0.96 0.57 2.00 1.80 0.80 0.50 0.23 0.40 0.16
Net Nonoperating Expense (NNE)
1.55 -2.17 -1.23 -1.50 -1.15 -2.83 -2.76 -1.13 -2.71 -1.17
Net Nonoperating Obligations (NNO)
1,000 986 1,326 987 988 989 990 982 983 964
Total Depreciation and Amortization (D&A)
13 12 12 9.96 14 5.09 3.20 4.64 3.07 6.16
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$1.06 $0.76 $0.73 $0.85 $0.79 $0.85 $0.86 $1.15 $1.26 $1.20
Adjusted Weighted Average Basic Shares Outstanding
68.61M 68.48M 67.29M 66.47M 65.77M 66.20M 64.39M 64.73M 64.88M 64.61M
Adjusted Diluted Earnings per Share
$1.01 $0.74 $0.71 $0.83 $0.77 $0.81 $0.84 $1.12 $1.24 $1.18
Adjusted Weighted Average Diluted Shares Outstanding
71.88M 72.27M 69.73M 68.50M 67.68M 68.21M 65.97M 66.08M 66.06M 65.93M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
68.51M 67.58M 66.89M 65.77M 65.99M 64.32M 64.71M 64.88M 65.03M 63.66M
Normalized Net Operating Profit after Tax (NOPAT)
66 51 54 56 59 56 64 69 82 78
Normalized NOPAT Margin
31.64% 25.20% 26.80% 27.58% 28.28% 27.06% 29.44% 31.51% 36.37% 33.63%
Pre Tax Income Margin
41.18% 34.31% 30.73% 36.53% 31.44% 35.73% 33.30% 43.61% 47.64% 42.43%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
21.80% 25.12% 29.16% 33.80% 38.93% 40.08% 39.03% 37.19% 35.06% 35.00%
Augmented Payout Ratio
44.72% 61.84% 78.64% 99.49% 96.73% 105.43% 88.13% 64.38% 59.09% 70.86%

Frequently Asked Questions About Victory Capital's Financials

When does Victory Capital's fiscal year end?

According to the most recent income statement we have on file, Victory Capital's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Victory Capital's net income changed over the last 9 years?

Victory Capital's net income appears to be on an upward trend, with a most recent value of $288.86 million in 2024, rising from $3.80 million in 2015. The previous period was $213.16 million in 2023.

How has Victory Capital revenue changed over the last 9 years?

Over the last 9 years, Victory Capital's total revenue changed from $240.76 million in 2015 to $893.48 million in 2024, a change of 271.1%.

How much debt does Victory Capital have?

Victory Capital's total liabilities were at $1.43 billion at the end of 2024, a 4.3% decrease from 2023, and a 174.2% increase since 2016.

How much cash does Victory Capital have?

In the past 8 years, Victory Capital's cash and equivalents has ranged from $12.92 million in 2017 to $126.73 million in 2024, and is currently $126.73 million as of their latest financial filing in 2024.

How has Victory Capital's book value per share changed over the last 9 years?

Over the last 9 years, Victory Capital's book value per share changed from 0.00 in 2015 to 17.25 in 2024, a change of 1,724.7%.

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This page (NASDAQ:VCTR) was last updated on 4/17/2025 by MarketBeat.com Staff
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