Victory Capital Holdings (VCTR) Net Margin (2016 - 2026)
Victory Capital Holdings' Net Margin came in at 24.21% for Q2 2026, up 11.09 percentage points from 13.12% a year earlier and up 2.17 percentage points from the prior quarter.
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Analysis
Victory Capital Holdings (VCTR) Net Margin (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Victory Capital Holdings reported Net Margin of 22.68%, down 3.27 percentage points year-over-year; for FY2025, it was 20.68%, down 11.65 percentage points from FY2024.
- Net Margin carries a five-year change of -6.73 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 32.33% in FY2024 (+6.37 pp), 25.96% in FY2023 (-6.27 pp), 32.23% in FY2022 (+0.96 pp) and 31.27% in FY2021 (+3.86 pp).
- The Q2 2026 figure represents the highest quarterly Net Margin since Q1 2025.
- Year-over-year, Net Margin increased in four of the last eight quarters, with an average year-over-year change of -2.60 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q3 2024 (a gain of 11.53 percentage points), and the weakest in Q2 2025 (a drop of 20.69 percentage points).
- Business Quant data shows VCTR's Net Margin at 22.04% (Q1 2026), 23.57% (Q4 2025) and 20.58% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 164.13 Bn | 110.49 Bn | - | 27.02% |
| 2 | Spdr Gold Trust | 133.82 Bn | -424.18 Bn | - | - |
| 3 | Blackstone | 84.08 Bn | 79.01 Bn | - | 24.37% |
| 4 | Brookfield | 82.97 Bn | -82.41 Bn | 4.47 Bn | 0.00% |
| 5 | Kkr | 81.05 Bn | 47.53 Bn | - | 11.53% |
| 6 | Brookfield Asset Management | 71.64 Bn | 67.88 Bn | - | 51.57% |
| 7 | Apollo Global Management | 65.67 Bn | 3.35 Bn | 10.56 Bn | 11.98% |
| 8 | Wheaton Precious Metals | 61.89 Bn | 57.32 Bn | 687.86 Mn | 58.46% |
| 9 | Franco Nevada | 46.13 Bn | 43.49 Bn | 451.00 Mn | 60.94% |
| 10 | Victory Capital Holdings | 6.97 Bn | 6.55 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% |
API Access
Victory Capital Holdings Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=VCTR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "VCTR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=VCTR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();