Victory Capital Holdings (VCTR) Net Margin (2016 - 2026)
Victory Capital Holdings' (VCTR) quarterly Net Margin came in at 24.21% in Q2 2026, up 1109.0% on a YoY basis from 2.0% in Q2 2025, and up 9.85% quarter-over-quarter from 22.04% in Q1 2026.
Analysis
Victory Capital Holdings (VCTR) Net Margin (2016 - 2026) Analysis & Trends
Victory Capital Holdings (VCTR) has reported Net Margin for 11 consecutive years, with 24.21% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 1109.0% year-over-year to 24.21%; the trailing twelve-month figure through Jun 2026 stood at 22.68% (down 327.0% YoY), and the FY2025 full-year result was 20.68%, down 1165.0% from the prior year.
- Net Margin grew to 24.21% in Q2 2026 per VCTR's latest filing, from 22.04% in the prior quarter.
- Across five years, Net Margin topped out at 36.67% in Q2 2022 and bottomed at 13.12% in Q2 2025.
- Historically, Net Margin has averaged 27.41% across 5 years, with a median of 26.38% in 2022.
- The sharpest annual moves came in 2024 and 2025: Net Margin jumped 1153 bps in 2024, then sank 2069 bps in 2025.
- Over 5 years, Net Margin stood at 25.94% in 2022, then increased by 3 bps to 26.83% in 2023, then advanced by 23 bps to 33.11% in 2024, then retreated by 29 bps to 23.57% in 2025, then grew by 3 bps to 24.21% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 24.21%, 22.04%, and 23.57% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 164.98 Bn | 151.11 Bn | - | 27.15% |
| 2 | Spdr Gold Trust | 143.46 Bn | -414.54 Bn | - | - |
| 3 | Ishares Gold Trust | 30.01 Bn | -30.09 Bn | - | - |
| 4 | World Gold Trust | 29.01 Bn | -74.06 Bn | - | - |
| 5 | Principal Financial | 24.83 Bn | -28.13 Bn | 1.91 Bn | 11.02% |
| 6 | iShares Silver Trust | 21.45 Bn | -6.76 Bn | - | - |
| 7 | Franklin Resources | 17.39 Bn | 13.67 Bn | - | 10.83% |
| 8 | Invesco | 14.41 Bn | 13.50 Bn | 1.79 Bn | 18.91% |
| 9 | Affiliated Managers | 9.35 Bn | 8.94 Bn | - | 37.05% |
| 10 | Victory Capital Holdings | 6.90 Bn | 6.83 Bn | - | 24.21% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.21% |
| Mar 31, 2026 | 22.04% |
| Dec 31, 2025 | 23.57% |
| Sep 30, 2025 | 20.58% |
| Jun 30, 2025 | 13.12% |
| Mar 31, 2025 | 28.22% |
| Dec 31, 2024 | 33.11% |
| Sep 30, 2024 | 36.34% |
| Jun 30, 2024 | 33.81% |
| Mar 31, 2024 | 25.80% |
| Dec 31, 2023 | 26.83% |
| Sep 30, 2023 | 24.80% |
| Jun 30, 2023 | 27.75% |
| Mar 31, 2023 | 24.47% |
| Dec 31, 2022 | 25.94% |
| Sep 30, 2022 | 35.11% |
| Jun 30, 2022 | 36.67% |
| Mar 31, 2022 | 30.99% |
| Dec 31, 2021 | 30.44% |
| Sep 30, 2021 | 32.78% |