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Victory Capital Holdings, Inc. (VCTR) Fundamental Analysis & AI Grade 2026

VCTR Nasdaq Investment Advice DE CIK: 0001570827
Updated This Month • Analysis: May 8, 2026 • SEC Data: 2026-03-31
Combined AI Grade
A
72% Confidence
N/A
A
72% Conf
Pending
Analysis scheduled

📊 VCTR Key Takeaways

Revenue: $388.0M
Net Margin: 28.9%
Free Cash Flow: $120.1M
Current Ratio: N/A
Debt/Equity: 0.41x
EPS: $1.33
AI Grade: A with 72% confidence
Victory Capital Holdings, Inc. (VCTR) receives a A fundamental grade with 72% confidence from our AI analysis based on SEC 10-K filings. With revenue of $388.0M, net profit margin of 28.9%, and return on equity (ROE) of 4.8%, Victory Capital Holdings, Inc. demonstrates strong fundamentals in the Market sector. Below is our complete VCTR stock analysis for 2026.

Is Victory Capital Holdings, Inc. (VCTR) a Good Investment?

Claude

Victory Capital demonstrates strong fundamental profitability with 41.0% operating margins and robust free cash flow generation ($120.1M, 31% FCF margin), supported by impressive 46.2% revenue growth. However, EPS declining 6.8% YoY amid net income growth and notably low ROE (4.8%) and ROA (2.7%) suggest shareholder dilution and inefficient asset deployment that require monitoring.

Victory Capital Holdings, Inc. Key Strengths (VCTR)

Claude
  • + Exceptional profitability metrics with 41.0% operating margin and 28.9% net margin for asset management sector
  • + Robust revenue growth of 46.2% YoY with strong free cash flow conversion at $120.1M (31% FCF margin)
  • + Healthy balance sheet with moderate leverage (0.41x debt/equity) and strong interest coverage of 11.4x
  • + Asset-light business model with minimal capex requirements ($849K), typical of asset management firms

VCTR Stock Risks: Victory Capital Holdings, Inc. Investment Risks

Claude
  • ! Diluted EPS declining 6.8% YoY despite 22.2% net income growth indicates significant shareholder dilution
  • ! Net income growth (22.2% YoY) substantially lagging revenue growth (46.2% YoY) suggests operational margin compression or integration challenges
  • ! Extremely low returns on equity (4.8%) and assets (2.7%) indicate poor capital efficiency for the industry
  • ! Long-term debt of $968M represents meaningful leverage relative to equity base, requiring debt management focus

Key Metrics to Watch

Claude
  • * EPS trend and share dilution drivers to assess true shareholder value creation
  • * Operating margin sustainability and gross margin trends amid rapid revenue scaling
  • * Free cash flow conversion and debt reduction trajectory to improve capital efficiency
  • * Return on equity and return on assets improvement, critical for asset management sector assessment

Victory Capital Holdings, Inc. (VCTR) Financial Metrics & Key Ratios

Revenue
$388.0M
Net Income
$112.1M
EPS (Diluted)
$1.33
Free Cash Flow
$120.1M
Total Assets
$4.1B
Cash Position
$75.8M

💡 AI Analyst Insight

The 31.0% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.

VCTR Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 41.0%
Net Margin 28.9%
ROE 4.8%
ROA 2.7%
FCF Margin 31.0%

VCTR vs Market Sector: How Victory Capital Holdings, Inc. Compares

How Victory Capital Holdings, Inc. compares to Market sector averages

Net Margin
VCTR 28.9%
vs
Sector Avg 12.0%
VCTR Sector
ROE
VCTR 4.8%
vs
Sector Avg 15.0%
VCTR Sector
Current Ratio
VCTR 0.0x
vs
Sector Avg 1.8x
VCTR Sector
Debt/Equity
VCTR 0.4x
vs
Sector Avg 0.7x
VCTR Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Victory Capital Holdings, Inc. Stock Overvalued? VCTR Valuation Analysis 2026

Based on fundamental analysis, Victory Capital Holdings, Inc. has mixed fundamental signals relative to the Market sector in 2026.

Return on Equity
4.8%
Sector avg: 15%
Net Profit Margin
28.9%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.41x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Victory Capital Holdings, Inc. Balance Sheet: VCTR Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.41x
Debt/Assets
43.0%
Interest Coverage
11.43x
Long-term Debt
$968.0M

VCTR Revenue & Earnings Growth: 5-Year Financial Trend

VCTR 5-year financial data: Year 2021: Revenue $890.3M, Net Income $92.5M, EPS $1.26. Year 2022: Revenue $890.3M, Net Income $212.5M, EPS $2.88. Year 2023: Revenue $890.3M, Net Income $278.4M, EPS $3.75. Year 2024: Revenue $893.5M, Net Income $275.5M, EPS $3.81. Year 2025: Revenue $1.3B, Net Income $213.2M, EPS $3.12.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Victory Capital Holdings, Inc.'s revenue has grown significantly by 47% over the 5-year period, indicating strong business expansion. The most recent EPS of $3.12 reflects profitable operations.

VCTR Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
31.0%
Free cash flow / Revenue

VCTR Quarterly Earnings & Performance

Quarterly financial performance data for Victory Capital Holdings, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $219.6M $62.0M $0.96
Q3 2025 $225.6M $55.7M $1.11
Q2 2025 $219.6M $55.7M $0.68
Q1 2025 $215.9M $55.7M $0.84
Q3 2024 $209.7M $49.3M $0.77
Q2 2024 $204.2M $49.3M $0.83
Q1 2024 $201.3M $49.3M $0.71
Q3 2023 $207.3M $49.3M $0.77

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Victory Capital Holdings, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$121.0M
Cash generated from operations
Stock Buybacks
$127.2M
Shares repurchased (TTM)
Capital Expenditures
$849.0K
Investment in assets
Dividends Paid
$41.6M
Returned to shareholders

VCTR SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Victory Capital Holdings, Inc. (CIK: 0001570827)

📋 Recent SEC Filings

Date Form Document Action
May 29, 2026 4 xslF345X06/es260781425_4-vctr.xml View →
May 21, 2026 8-K vctr-20260518.htm View →
May 12, 2026 8-K vctr-20260512.htm View →
May 12, 2026 8-K vctr-20260506.htm View →
May 7, 2026 10-Q vctr-20260331.htm View →

Frequently Asked Questions about VCTR

What is the AI rating for VCTR?

Victory Capital Holdings, Inc. (VCTR) has an AI grade of A with 72% confidence, based on fundamental analysis of SEC EDGAR filings.

What are VCTR's key strengths?

Claude: Exceptional profitability metrics with 41.0% operating margin and 28.9% net margin for asset management sector. Robust revenue growth of 46.2% YoY with strong free cash flow conversion at $120.1M (31% FCF margin).

What are the risks of investing in VCTR?

Claude: Diluted EPS declining 6.8% YoY despite 22.2% net income growth indicates significant shareholder dilution. Net income growth (22.2% YoY) substantially lagging revenue growth (46.2% YoY) suggests operational margin compression or integration challenges.

What is VCTR's revenue and growth?

Victory Capital Holdings, Inc. reported revenue of $388.0M.

Does VCTR pay dividends?

Victory Capital Holdings, Inc. pays dividends, with $41.6M distributed to shareholders in the trailing twelve months.

Where can I find VCTR SEC filings?

Official SEC filings for Victory Capital Holdings, Inc. (CIK: 0001570827) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is VCTR's EPS?

Victory Capital Holdings, Inc. has a diluted EPS of $1.33.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is VCTR's fundamental grade?

Based on our AI fundamental analysis in June 2026, Victory Capital Holdings, Inc. has a A grade with 72% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is VCTR stock overvalued or undervalued?

Valuation metrics for VCTR: ROE of 4.8% (sector avg: 15%), net margin of 28.9% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

What is VCTR's AI grade for 2026?

Our dual AI analysis gives Victory Capital Holdings, Inc. a combined A grade for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is VCTR's free cash flow?

Victory Capital Holdings, Inc.'s operating cash flow is $121.0M, with capital expenditures of $849.0K. FCF margin is 31.0%.

How does VCTR compare to other Market stocks?

Vs Default sector averages: Net margin 28.9% (avg: 12%), ROE 4.8% (avg: 15%), current ratio N/A (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 8, 2026 | Data as of: 2026-03-31 | Powered by Claude AI