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
DateValue
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%