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Victory Capital Holdings VCTR
$ 106.31 1.29%
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Quarterly report 2026-Q2
added 08-06-2026

Victory Capital Holdings Financial Ratios 2025-2011 | VCTR

Brief overview of Victory Capital Holdings's valuation multiples

Current figures are compared with the company's own five-year history for 2021–2025.

Market valuation is represented by P/E 14.25x (median 11.88x), P/B 1.94x (median 2.39x), P/CF 12.2x (median 7.67x). The combined multiple level is about 19.9% above the company's historical norm, leaving less valuation cushion.

Current earnings relative to valuation equal about 7% on the 1/P/E measure. This is a valuation reference, not an expected payout.

Current measures of operating quality are ROE 13.6%, ROA 7.8%, ROCE 19.7%. Return ratios are at workable levels. The business generates positive returns, though efficiency is not exceptional.

The PEG ratio is 1.15x, reflecting a relatively balanced link between valuation and growth.

For this sector, valuation ratios are useful only alongside capital adequacy, reserves and credit-portfolio quality.

Valuation takeaway

Victory Capital Holdings's profitability supports higher multiples, although much of the quality is already reflected in price.

Annual Financial Ratios Victory Capital Holdings

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

P/E

14.2 14.2 11.9 8.1 8.0 6.7 15.5 11.0 - - - - - - -

P/S

3.6 4.6 3.1 2.6 2.5 1.8 2.3 1.7 - - - - - - -

EPS

4.1 4.5 3.2 4.0 4.1 3.1 1.4 1.0 0.5 -0.1 0.1 - - - -

EV (Enterprise Value)

6.36 B 5.41 B 3.9 B 3.67 B 3.8 B 2.42 B 2.61 B 996 M 549 M 504 M 356 M - - - -

EBITDA per Share

8.42 7.08 5.59 6.46 5.78 4.89 3.54 2.15 - - - - - - -

EV/EBITDA

11.5 11.8 10.5 8.3 9.6 6.2 9.7 6.4 - - - - - - -

PEG

1.15 0.87 0.5 - - 0.05 0.36 0.1 - - - - - - -

P/B

1.9 3.7 2.4 2.1 2.4 2.0 2.7 1.5 - - - - - - -

P/CF

12.2 12.1 7.7 6.7 5.9 5.7 6.5 5.3 - - - - - - -

ROE %

13.61 25.75 20.24 25.86 29.94 30.04 17.20 13.98 - - - - - - -

ROA %

7.77 11.34 8.38 10.84 10.79 12.28 5.28 7.95 - - - - - - -

ROCE %

19.73 38.12 31.19 37.46 40.20 44.48 13.94 15.42 - - - - - - -

Current Ratio

2.3 1.8 1.7 1.7 1.6 1.7 0.7 3.8 - - - - - - -

DSO

39.4 38.4 38.2 40.3 39.5 43.1 56.7 39.0 - - - - - - -

DPO

- - - - - - 0.6 1.5 - - - - - - -

Operating Cycle

39.4 38.5 38.2 40.3 39.5 43.1 56.7 39.0 - - - - - - -

Cash Conversion Cycle

39.4 38.5 38.2 40.3 39.5 43.1 56.1 37.4 - - - - - - -

All numbers in USD currency

Quarterly Financial Ratios Victory Capital Holdings

2026-Q2 2026-Q1 2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

EPS

1.7 1.34 1.12 0.69 0.97 - 1.26 1.15 0.86 - 0.79 0.85 0.73 - 1.06 1.16 1.04 - 1.09 1.02 0.96 0.81 0.82 0.66 0.84 0.56 0.38 0.21 0.22 0.21 0.3 0.27 0.17 0.2 0.14 0.04 0.08 -0.05 -0.07 0.01 - - - - - - - - - - - - - - - - - - - - -

EBITDA per Share

3.45 2.82 2.42 1.73 1.57 - 1.97 1.83 1.44 - 1.4 1.46 1.28 - 1.59 1.9 1.63 - 1.52 1.47 1.39 4.79 1.25 1.03 1.4 - 0.94 0.41 0.41 - 0.55 524 0.55 0.49 0.57 0.5 0.51 0.12 - - - - - - - - - - - - - - - - - - - - - - -

ROE %

17.03 16.57 18.80 21.39 24.18 18.76 23.60 22.03 20.12 14.95 21.77 24.57 26.37 21.68 30.22 31.89 32.78 25.56 33.31 32.64 30.48 30.04 29.27 26.22 22.57 17.20 13.26 12.95 14.37 13.98 15.78 14.65 11.57 11.17 5.51 1.02 1.91 -0.81 - - - - - - - - - - - - - - - - - - - - - - -

ROA %

9.72 8.78 9.21 9.84 10.47 8.07 10.30 9.11 6.19 6.19 9.00 10.08 10.61 8.67 12.81 13.94 14.58 11.81 14.98 14.06 12.70 12.28 11.25 9.51 7.75 5.28 4.87 5.95 7.46 7.95 7.63 6.05 4.01 3.26 1.53 0.30 0.56 -0.32 - - - - - - - - - - - - - - - - - - - - - - -

ROCE %

24.48 24.44 27.94 32.04 36.09 27.97 35.41 33.53 30.79 22.92 32.16 36.22 38.14 31.03 42.44 44.87 45.10 34.81 45.79 45.77 43.40 44.48 45.44 44.38 39.30 30.61 24.32 20.98 23.27 25.14 31.13 34.63 36.53 39.00 29.34 8.41 8.46 1.98 - - - - - - - - - - - - - - - - - - - - - - -

Current Ratio

2.3 2.3 2.3 2.4 1.8 1.8 1.8 1.8 - 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.6 1.6 1.9 1.9 1.8 1.7 1.7 1.7 1.7 1.4 1.4 1.4 1.4 2.3 2.3 2.3 2.3 1.4 1.4 1.4 1.4 1.6 - - - - - - - - - - - - - - - - - - - - - - -

DSO

46.3 44.0 48.3 39.1 40.8 - 40.0 20.9 18.5 - 40.9 39.8 38.5 - 39.3 39.0 39.3 - 40.7 39.2 38.6 40.2 42.6 44.2 40.9 39.7 40.4 95.0 72.6 42.0 37.2 38.6 43.5 24.1 24.9 50.5 25.3 - - - - - - - - - - - - - - - - - - - - - - - -

Operating Cycle

- - 48.3 39.1 40.8 - 40.0 - - - 40.9 39.8 38.5 - 39.3 39.0 39.3 - 40.7 39.2 38.6 40.2 42.6 44.2 40.9 39.7 40.4 95.0 72.6 42.0 37.2 38.6 43.5 24.1 24.9 50.5 25.3 - - - - - - - - - - - - - - - - - - - - - - - -

Cash Conversion Cycle

- - 48.3 39.1 40.8 - 40.0 - - - 40.9 39.8 38.5 - 39.3 39.0 39.3 - 40.7 39.2 38.6 40.2 42.6 44.2 40.9 39.7 40.4 95.0 72.6 42.0 37.2 38.6 43.5 24.1 24.9 50.5 25.3 - - - - - - - - - - - - - - - - - - - - - - - -

All numbers in USD currency

Multiples are an important financial analysis tool for the company Victory Capital Holdings, allowing investors and analysts to quickly assess the company’s value and investment attractiveness based on the ratio of market indicators to the company’s financial performance. Essentially, multiples express how the market values the company relative to its earnings, revenue, equity, or other key metrics.

Advantages of Using Financial Ratios
  • Simplified Data Analysis
    Financial ratios transform large volumes of accounting data into compact and easily interpretable indicators, significantly simplifying the assessment of the company’s condition.
  • Comparability Between Companies
    Multiples standardize financial metrics, enabling objective comparison of companies of different sizes, industries, and market capitalizations.
  • Identification of Trends and Issues
    Regular analysis of ratios helps track the dynamics of financial health, identify strengths and weaknesses of the business, as well as potential risks.
  • Decision Support
    Financial multiples serve as an important tool for investors, creditors, and company management in making investment, credit, and managerial decisions.
  • Accelerated Assessment of Investment Attractiveness
    Ratios allow quick determination of key performance, liquidity, and financial stability indicators, facilitating prompt evaluation of companies’ attractiveness for investments.

Using multiples enables comparison between companies, even if they differ in size or industry, as they standardize financial data into ratios convenient for analysis. This is especially useful for evaluating companies where direct analysis of financial statements may be complex or require in-depth knowledge.

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