Sign in

    Victory Capital Holdings, Inc. (VCTR)

    Financials

    Updated Apr 22, 2025, 3:27 PM UTC
    Income Statement - MetricFY 2017Q1 2018Q2 2018Q3 2018FY 2018Q1 2019Q2 2019Q3 2019FY 2019Q1 2020Q2 2020Q3 2020FY 2020Q1 2021Q2 2021Q3 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024
    Investment Management Fees (USD, thousands)---169,785173,163.00177,809.00183,826.00704,583
    Fund Administration and Distribution Fees (USD, thousands)---46,07246,458.0047,819.0048,545.00188,894
    Total Revenue (USD, thousands)---215,857219,621.00225,628.00232,371.00893,477
    Personnel Compensation and Benefits (USD, thousands)---59,45455,660.0043,243.0058,857.00217,214
    Distribution and Other Asset-Based Expenses (USD, thousands)---36,26336,474.0036,828.0036,924.00146,489
    General and Administrative Expenses (USD, thousands)---14,01214,385.0014,029.0014,268.0056,694
    Depreciation and Amortization (USD, thousands)---7,6017,551.007,510.007,514.0030,176
    Change in Value of Consideration Payable for Acquisition of Business (USD, thousands)---12,200(8,200.00)(1,600.00)294.002,694
    Acquisition-Related Costs (USD, thousands)---1,0263,049.005,075.002,135.0011,285
    Restructuring and Integration Costs (USD, thousands)---492105.00180.00634.001,411
    Total Operating Expenses (USD, thousands)---131,048109,024.00105,265.00120,626.00465,963
    Income from Operations (USD, thousands)---84,809110,597.00120,363.00111,745.00427,514
    Interest Income and Other Income (Expense) (USD, thousands)---3,5651,557.003,551.001,768.0010,441
    Interest Expense and Other Financing Costs (USD, thousands)---(16,486)(16,279.00)(16,414.00)(14,657.00)(63,836)
    Loss on Debt Extinguishment (USD, thousands)-----0.00(263.00)(363)
    Total Other Income (Expense), Net (USD, thousands)---(12,921)(14,822.00)(12,863.00)(13,152.00)(53,758)
    Income Before Income Taxes (USD, thousands)---71,88895,775.00107,500.0098,593.00373,756
    Income Tax Expense (USD, thousands)---(16,197)(21,524.00)(25,517.00)(21,654.00)(84,892)
    Net Income (USD, thousands)---55,69174,251.0081,983.0076,939.00288,864
    Basic Earnings per Share (USD)---0.861.151.271.194.47
    Diluted Earnings per Share (USD)---0.841.131.241.174.38
    Weighted Average Number of Shares Outstanding, Basic (thousands)---64,389172.00106.00(60.00)64,607
    Weighted Average Number of Shares Outstanding, Diluted (thousands)---65,97253.0019.00(116.00)65,928
    Dividends Declared per Share of Common Stock (USD)---0.3350.370.410.441.555
    Balance Sheet - MetricFY 2017Q1 2018Q2 2018Q3 2018FY 2018Q1 2019Q2 2019Q3 2019FY 2019Q1 2020Q2 2020Q3 2020FY 2020Q1 2021Q2 2021Q3 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024
    Cash and cash equivalents (USD, thousands)107,987123,547123,54779,937118,970188,248126,731126,731
    Investment management fees receivable (USD, thousands)43,38771,88871,888---83,30783,307
    Fund administration and distribution fees receivable (USD, thousands)14,17814,23814,238---16,01416,014
    Other receivables (USD, thousands)9,1081,4441,444---1,3461,346
    Prepaid expenses (USD, thousands)6,4585,7855,7857,2696,9797,9328,6348,634
    Investments in proprietary funds, at fair value (USD, thousands)490,490534,466534,466---605,534605,534
    Deferred compensation plan investments, at fair value (USD, thousands)29,36831,27431,27433,52433,75934,74334,60834,608
    Property and equipment, net (USD, thousands)21,20319,57819,57817,55215,59913,72011,87411,874
    Goodwill (USD, thousands)981,805981,805981,805981,805981,805981,805981,805981,805
    Other intangible assets, net (USD, thousands)1,287,5421,281,8321,281,8321,276,5001,271,2001,265,9011,260,6141,260,614
    Other assets (USD, thousands)61,77810,69110,69112,40012,30922,85422,05322,053
    Total assets (USD, thousands)2,591,8052,542,6162,542,6162,506,1982,541,2812,612,1252,547,5912,547,591
    Accounts payable and accrued expenses (USD, thousands)59,55256,47756,47762,02254,52861,25657,95157,951
    Accrued compensation and benefits (USD, thousands)52,16755,45655,45648,52154,02045,59551,64851,648
    Consideration payable for acquisition of business (USD, thousands)249,636217,200217,200149,400141,200139,600139,894139,894
    Deferred compensation plan liability (USD, thousands)29,36831,27431,274---34,60834,608
    Deferred tax liability, net (USD, thousands)124,995128,714128,714133,258142,418152,335157,120157,120
    Other liabilities (USD, thousands)40,99611,22511,22545,65844,57956,01620,87120,871
    Long-term debt, net (USD, thousands)988,323989,269989,269990,206981,724982,661963,862963,862
    Total liabilities (USD, thousands)1,515,6691,489,6151,489,6151,429,0651,418,4691,437,4631,425,9541,425,954
    Common stock, $ 0.01 par value per share (USD, thousands)822824824832,824835,824837,824839,824839,824
    Additional paid-in capital (USD, thousands)723,252728,283728,283735,517741,490746,917752,371752,371
    Treasury stock, at cost (USD, thousands)(384,462)(444,286)(444,286)(457,539)(464,944)(470,727)(574,856)(574,856)
    Accumulated other comprehensive income (USD, thousands)34,22031,32831,32828,16425,02421,95518,68318,683
    Retained earnings (USD, thousands)702,304736,852736,852770,159820,407875,680924,600924,600
    Total stockholders' equity (USD, thousands)1,076,1361,053,0011,053,0011,077,1331,122,8121,174,6621,121,6371,121,637
    Total liabilities and stockholders' equity (USD, thousands)2,591,8052,542,6162,542,6162,506,1982,541,2812,612,1252,547,5912,547,591
    Receivables (USD, thousands)95,17487,57087,57097,211100,66096,922--
    Investments, at fair value (USD, thousands)519,858565,740565,74033,52433,75934,743--
    Cash Flow - MetricFY 2017Q1 2018Q2 2018Q3 2018FY 2018Q1 2019Q2 2019Q3 2019FY 2019Q1 2020Q2 2020Q3 2020FY 2020Q1 2021Q2 2021Q3 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024
    Net cash provided by operating activities (USD, thousands)91,628.0097,101.00330,291-----
    Net cash used in investing activities (USD, thousands)(2,349.00)(1,570.00)(7,841)-----
    Net cash (used in) provided by financing activities (USD, thousands)(25,058.00)(80,040.00)(237,132)-----
    Net increase (decrease) in cash and cash equivalents (USD, thousands)64,207.0015,560.0085,376-----
    Cash paid for interest (USD, thousands)18,452.0019,504.0070,685-----
    Cash paid for income taxes (USD, thousands)9,542.004,683.0038,690-----
    Cash and cash equivalents, beginning of period (USD, thousands)38,17138,17138,171-----
    Cash and cash equivalents, end of period (USD, thousands)107,987123,547123,547-----
    Revenue by Segment - in Millions of USDFY 2017Q1 2018Q2 2018Q3 2018FY 2018Q1 2019Q2 2019Q3 2019FY 2019Q1 2020Q2 2020Q3 2020FY 2020Q1 2021Q2 2021Q3 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024
    Investment Management Fees163.95160.69640.88169.8173.16177.809183.81704.583
    - Mutual Funds112.82109.08440.02115.2116.55119.936121.29472.979
    - ETFs5.204.8620.805.25.526.3557.3324.405
    - Separate Accounts44.7443.41173.4347.349.0649.48350.13195.975
    - Performance-Based Fees1.203.226.622.12.042.0355.0511.224
    Fund Administration Fees45.7445.13180.1546.146.4647.81948.51188.894
    - Administration Fees26.3725.99103.0527.027.5528.56329.16112.272
    - Distribution Fees5.655.3622.355.65.555.6415.7322.522
    - Transfer Agent Fees13.7213.7754.7513.413.3613.61513.7354.100
    Total Revenue209.69205.82821.03215.9219.6225.628232.37893.5
    KPIs - Metric (Unit, Scale)FY 2017Q1 2018Q2 2018Q3 2018FY 2018Q1 2019Q2 2019Q3 2019FY 2019Q1 2020Q2 2020Q3 2020FY 2020Q1 2021Q2 2021Q3 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024
    Gross client cash inflows (USD millions)5,449-24,1047,18713,2556,120-26,167
    Gross client cash outflows (USD millions)7,168-29,4808,3147,8128,756-33,545
    Net client cash flows (USD millions)-1,719--6,567-1,127-2,871-2,636--7,377
    Market appreciation (depreciation) (USD millions)(4,755)-21,18810,1788310,076-18,100
    Average AUM (USD millions)161,147-158,268163,533167,484171,876-169,658
    Ending AUM (USD millions)153,506-166,611170,342168,681176,113-171,930
    Ending other assets (institutional) (USD millions)---5,1175,0944,981-4,165
    Revenue realization on average AUM (basis points)51.6-51.953.052.652.1-52.6
    Number of mutual funds and ETFs with four- or five-star overall ratings (count)40-42454443-45
    Percentage of mutual fund and ETF AUM rated four or five stars overall (percentage)67-70696867-66