Victory Capital Holdings (VCTR) EBITDA Margin (2016 - 2026)
Victory Capital Holdings (VCTR) reported EBITDA Margin of 41.03% for Q1 2026, down 128.0% on a YoY basis from 146.53% in Q1 2025, and down 1.4% quarter-over-quarter from 41.61% in Q4 2025.
Victory Capital Holdings (VCTR) EBITDA Margin (2016 - 2026) Analysis & Trends
Victory Capital Holdings has reported EBITDA Margin for 11 years, with the latest figure at 41.03% in Q1 2026.
- For the quarter ending Q1 2026, EBITDA Margin fell 128.0% year-over-year to 41.03%; the trailing twelve-month figure through Mar 2026 stood at 37.55% (down 1176.0% YoY), and the FY2025 full-year result was 37.49%, down 1137.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 41.03%, down from 41.61% in the prior quarter.
- The five-year high for EBITDA Margin was 55.24% in Q2 2022, with the low at 27.74% in Q2 2025.
- Historically, EBITDA Margin has averaged 43.08% across 5 years, with a median of 41.94% in 2023.
- Annual changes were most pronounced in 2024 — EBITDA Margin soared 1615 bps — and 2025, when it slumped 2367 bps.
- Victory Capital Holdings' EBITDA Margin stood at 39.5% in 2022, then advanced by 6 bps to 41.94% in 2023, then increased by 17 bps to 49.08% in 2024, then retreated by 15 bps to 41.61% in 2025, then declined by 1 bps to 41.03% in 2026.
- The last three EBITDA Margin figures came in at 41.03% (Q1 2026), 41.61% (Q4 2025), and 39.16% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 42.01% |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 44.01% |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 46.06% |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 1.56% |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 73.37% |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 18.44% |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 170.02% |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 12.29% |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 26.04% |
| 10 | Victory Capital Holdings | 5.54 Bn | 5.46 Bn | - | 41.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 41.03% |
| Dec 31, 2025 | 41.61% |
| Sep 30, 2025 | 39.16% |
| Jun 30, 2025 | 27.74% |
| Mar 31, 2025 | 42.31% |
| Dec 31, 2024 | 49.08% |
| Sep 30, 2024 | 54.32% |
| Jun 30, 2024 | 51.41% |
| Mar 31, 2024 | 39.29% |
| Dec 31, 2023 | 41.94% |
| Sep 30, 2023 | 38.18% |
| Jun 30, 2023 | 42.86% |
| Mar 31, 2023 | 37.04% |
| Dec 31, 2022 | 39.50% |
| Sep 30, 2022 | 47.59% |
| Jun 30, 2022 | 55.24% |
| Mar 31, 2022 | 44.14% |
| Dec 31, 2021 | 39.20% |
| Sep 30, 2021 | 43.75% |
| Jun 30, 2021 | 42.93% |