Victory Capital Holdings (VCTR) FCF Margin (2017 - 2026)
Victory Capital Holdings (VCTR) reported FCF Margin of 30.96% for Q1 2026, down 525.0% on a YoY basis from 7.28% in Q1 2025, and down 19.84% quarter-over-quarter from 38.62% in Q4 2025.
Victory Capital Holdings (VCTR) FCF Margin (2017 - 2026) Analysis & Trends
Victory Capital Holdings has reported FCF Margin for 10 years, with the latest figure 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.
- The five-year high for FCF Margin was 49.06% in Q3 2022, with the low at 2.13% in Q2 2025.
- Historically, FCF Margin has averaged 36.09% across 5 years, with a median of 36.92% in 2023.
- Annual changes were most pronounced in 2023 — FCF Margin surged 1398 bps — and 2025, when it sank 3832 bps.
- Victory Capital Holdings' FCF Margin stood at 32.82% in 2022, then jumped by 43 bps to 46.8% in 2023, then decreased by 16 bps to 39.44% in 2024, then retreated by 2 bps to 38.62% in 2025, then retreated 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 | 163.18 Bn | 153.56 Bn | - | -16.21% |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 26.47% |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 39.82% |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 32.02% |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | -327.00% |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 8.80% |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | -24.56% |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 24.73% |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 27.99% |
| 10 | Victory Capital Holdings | 5.54 Bn | 5.46 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% |