Victory Capital Holdings (VCTR) FCF Margin (2017 - 2026)

Victory Capital Holdings (VCTR) posted FCF Margin of 30.96% for Q1 2026, down 16.72% on a QoQ basis from 37.17% in Q4 2025, and down 628.0% year-over-year from 5.86% in Q1 2025.

Victory Capital Holdings (VCTR) FCF Margin (2017 - 2026) Analysis & Trends

Victory Capital Holdings' FCF Margin history runs 10 years deep, the most recent figure standing at 30.96% for Q1 2026.

  • Quarterly FCF Margin fell 628.0% year-over-year to 30.96% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 28.46% (down 1086.0% YoY) and the FY2025 annual result came in at 29.2%, down 877.0% from the prior year.
  • FCF Margin was 30.96% for Q1 2026 at Victory Capital Holdings, down from 37.17% in the prior quarter.
  • Across five years, FCF Margin topped out at 72.41% in Q4 2023 and bottomed at 2.77% in Q2 2025.
  • A 5-year average of 37.63% and a median of 37.17% in 2025 frame the typical range for FCF Margin.
  • Annual changes were most pronounced in 2023 — FCF Margin surged 3959 bps — and 2025, when it slumped 3896 bps.
  • Victory Capital Holdings' FCF Margin stood at 32.82% in 2022, then surged by 121 bps to 72.41% in 2023, then tumbled by 45 bps to 39.68% in 2024, then decreased by 6 bps to 37.17% in 2025, then retreated by 17 bps to 30.96% in 2026.
  • Business Quant data shows VCTR's FCF Margin at 30.96% in Q1 2026, 37.17% in Q4 2025, and 47.13% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -
2 BlackRock 161.01 Bn 148.08 Bn - -16.21%
3 Blackstone 97.77 Bn 96.72 Bn - 26.47%
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 746.54%
5 State Street 51.30 Bn 51.30 Bn - -327.00%
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 8.80%
7 Northern Trust 32.93 Bn 32.93 Bn - -24.56%
8 Raymond James Financial 32.59 Bn 17.67 Bn - 27.31%
9 Price T Rowe 24.70 Bn 21.13 Bn - 41.05%
10 Victory Capital Holdings 6.14 Bn 6.06 Bn - 30.96%

Historic Data

Download Data
DateValue
Mar 31, 2026 30.96%
Dec 31, 2025 37.17%
Sep 30, 2025 47.13%
Jun 30, 2025 -2.77%
Mar 31, 2025 37.23%
Dec 31, 2024 39.68%
Sep 30, 2024 44.05%
Jun 30, 2024 36.19%
Mar 31, 2024 31.59%
Dec 31, 2023 72.41%
Sep 30, 2023 42.84%
Jun 30, 2023 37.03%
Mar 31, 2023 31.48%
Dec 31, 2022 32.82%
Sep 30, 2022 47.70%
Jun 30, 2022 41.77%
Mar 31, 2022 32.49%
Dec 31, 2021 47.03%
Sep 30, 2021 42.94%
Jun 30, 2021 35.77%