Victory Capital Holdings (VCTR) FCF Margin (2017 - 2026)
Victory Capital Holdings posted quarterly FCF Margin of 30.96% for Q1 2026, down 525.0% year-on-year from 7.28% in Q1 2025, and down 19.84% on a QoQ basis from 38.62% in Q4 2025.
Victory Capital Holdings (VCTR) has 10 years of FCF Margin data on file, last reported at 30.96% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin fell 525.0% year-over-year to 30.96%; the trailing twelve-month figure through Mar 2026 stood at 28.61% (down 1040.0% YoY), and the FY2025 full-year result was 29.2%, down 871.0% from the prior year.
- FCF Margin for Q1 2026 stood at 30.96%, down from 38.62% in the prior quarter.
- Across five years, FCF Margin topped out at 49.06% in Q3 2022 and bottomed at 2.13% in Q2 2025.
- The 5-year median for FCF Margin is 36.92% (2023), against an average of 36.09%.
- The widest annual swing landed in 2023, when FCF Margin surged 1398 bps; it then tumbled 3832 bps in 2025.
- A 5-year view of FCF Margin shows it stood at 32.82% in 2022, then surged by 43 bps to 46.8% in 2023, then slipped by 16 bps to 39.44% in 2024, then decreased by 2 bps to 38.62% in 2025, then decreased by 20 bps to 30.96% in 2026.
- The last three FCF Margin figures came in at 30.96% (Q1 2026), 38.62% (Q4 2025), and 45.63% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | -16.21% |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 26.47% |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 39.82% |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 24.81% |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 32.02% |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | -327.00% |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 8.80% |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | -24.56% |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 27.99% |
| 10 | Victory Capital Holdings | 5.39 Bn | 5.32 Bn | - | 30.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 30.96% |
| Dec 31, 2025 | 38.62% |
| Sep 30, 2025 | 45.63% |
| Jun 30, 2025 | -2.13% |
| Mar 31, 2025 | 36.20% |
| Dec 31, 2024 | 39.44% |
| Sep 30, 2024 | 44.05% |
| Jun 30, 2024 | 36.19% |
| Mar 31, 2024 | 31.59% |
| Dec 31, 2023 | 46.80% |
| Sep 30, 2023 | 42.84% |
| Jun 30, 2023 | 36.92% |
| Mar 31, 2023 | 31.58% |
| Dec 31, 2022 | 32.82% |
| Sep 30, 2022 | 49.06% |
| Jun 30, 2022 | 40.97% |
| Mar 31, 2022 | 32.01% |
| Dec 31, 2021 | 47.03% |
| Sep 30, 2021 | 42.94% |
| Jun 30, 2021 | 35.77% |
| Mar 31, 2021 | 37.21% |
| Dec 31, 2020 | 33.38% |
| Sep 30, 2020 | 31.83% |
| Jun 30, 2020 | 35.42% |
| Mar 31, 2020 | 25.05% |
| Dec 31, 2019 | 26.25% |
| Sep 30, 2019 | 54.13% |
| Jun 30, 2019 | 33.86% |
| Mar 31, 2019 | 19.95% |
| Dec 31, 2018 | 35.06% |
| Sep 30, 2018 | 36.89% |
| Jun 30, 2018 | 31.72% |
| Mar 31, 2018 | 23.98% |
| Dec 31, 2017 | 32.45% |
| Sep 30, 2017 | 30.77% |
| Jun 30, 2017 | 16.12% |
| Mar 31, 2017 | 8.95% |