Victory Capital Holdings (VCTR) Financial Statements
Price: $61.92
Market Cap: $3.94B
Avg Volume: 303.08K
Market Cap: $3.94B
Avg Volume: 303.08K
Country: US
Industry: Asset Management
Sector: Financial Services
Industry: Asset Management
Sector: Financial Services
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Victory Capital Holdings.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $893.48M | $821.03M | $854.80M | $890.26M | $775.35M | $612.37M | $413.41M | $409.63M | $297.88M | $240.76M |
| Cost of Revenue | $- | $365.05M | $399.30M | $411.22M | $372.85M | $326.43M | $240.56M | $247.55M | $200.11M | $145.30M |
| Gross Profit | $893.48M | $455.97M | $455.50M | $479.05M | $402.51M | $285.94M | $172.85M | $162.08M | $97.77M | $95.46M |
| Gross Profit Ratio | 100.00% | 55.50% | 53.29% | 53.80% | 51.91% | 46.69% | 41.81% | 39.57% | 32.82% | 39.65% |
| Research and Development Expenses | $- | $- | $0 | $0 | $0 | $0 | $0 | $0 | $-0 | $- |
| General and Administrative Expenses | $245.59M | $56.29M | $52.37M | $53.72M | $51.22M | $46.57M | $30.00M | $34.00M | $26.63M | $22.96M |
| Selling and Marketing Expenses | $146.49M | $- | $161.10M | $176.38M | $175.69M | $146.62M | $94.68M | $103.44M | $77.50M | $51.48M |
| Selling General and Administrative Expenses | $392.08M | $56.29M | $52.37M | $53.72M | $51.22M | $46.57M | $30.00M | $34.00M | $26.63M | $22.96M |
| Other Expenses | $73.89M | $71.23M | $43.20M | $18.84M | $16.38M | $23.87M | $-2.86M | $-2.91M | $30.41M | $27.29M |
| Operating Expenses | $465.96M | $127.52M | $95.57M | $72.56M | $67.60M | $70.44M | $53.28M | $63.91M | $57.03M | $50.25M |
| Cost and Expenses | $465.96M | $492.57M | $494.88M | $483.78M | $440.44M | $396.87M | $293.84M | $311.46M | $257.14M | $195.55M |
| Interest Income | $24.04M | $24.21M | $3.68M | $6.04M | $3.70M | $6.83M | $- | $- | $1.09M | $47.00K |
| Interest Expense | $77.44M | $76.76M | $46.43M | $24.65M | $37.01M | $40.90M | $23.55M | $- | $34.64M | $23.38M |
| Depreciation and Amortization | $30.18M | $41.65M | $485.03M | $497.99M | $432.12M | $408.84M | $318.88M | $362.78M | $291.69M | $27.29M |
| EBITDA | $481.37M | $394.32M | $413.59M | $427.23M | $360.56M | $245.24M | $143.15M | $77.67M | $77.54M | $74.10M |
| EBITDA Ratio | 53.88% | 48.03% | 47.16% | 48.45% | 45.78% | 40.20% | 34.55% | 30.22% | 24.25% | 29.03% |
| Operating Income | $427.51M | $328.46M | $399.11M | $373.85M | $314.71M | $222.33M | $114.52M | $90.17M | $24.48M | $33.22M |
| Operating Income Ratio | 47.85% | 40.01% | 46.69% | 41.99% | 40.59% | 36.31% | 27.70% | 22.01% | 8.22% | 13.80% |
| Total Other Income Expenses Net | $-53.76M | $-52.55M | $-49.08M | $-23.20M | $-36.17M | $-43.93M | $-29.61M | $-51.71M | $-33.56M | $-26.00M |
| Income Before Tax | $373.76M | $275.91M | $350.03M | $350.64M | $278.54M | $120.69M | $84.91M | $38.46M | $-9.07M | $7.22M |
| Income Before Tax Ratio | 41.83% | 33.61% | 40.95% | 39.39% | 35.92% | 19.71% | 20.54% | 9.39% | -3.05% | 3.00% |
| Income Tax Expense | $84.89M | $62.75M | $74.52M | $72.25M | $66.02M | $28.20M | $21.21M | $12.63M | $-3.00M | $3.42M |
| Net Income | $288.86M | $213.16M | $275.51M | $278.39M | $212.52M | $92.49M | $63.70M | $25.83M | $-6.07M | $3.80M |
| Net Income Ratio | 32.33% | 25.96% | 32.23% | 31.27% | 27.41% | 15.10% | 15.41% | 6.30% | -2.04% | 1.58% |
| EPS | $4.47 | $3.22 | $4.02 | $4.10 | $3.14 | $1.37 | $0.90 | $0.47 | $-0.09 | $0.06 |
| EPS Diluted | $4.38 | $3.12 | $3.81 | $3.75 | $2.88 | $1.26 | $0.90 | $0.47 | $-0.09 | $0.05 |
| Weighted Average Shares Outstanding | 64.61M | 66.20M | 68.48M | 67.98M | 67.71M | 67.62M | 70.51M | 55.12M | 66.57M | 66.57M |
| Weighted Average Shares Outstanding Diluted | 65.93M | 68.21M | 72.27M | 74.15M | 73.72M | 73.47M | 70.51M | 55.12M | 71.22M | 71.22M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $126.73M | $123.55M | $38.17M | $69.53M | $22.74M | $37.12M | $51.49M | $12.92M | $16.44M | $15.14M |
| Short Term Investments | $- | $- | $26.80M | $7.77M | $922.00K | $771.00K | $601.00K | $677.00K | $525.00K | $532.00K |
| Cash and Short Term Investments | $126.73M | $123.55M | $64.97M | $69.53M | $22.74M | $37.89M | $52.09M | $13.60M | $16.97M | $15.68M |
| Net Receivables | $100.67M | $87.57M | $84.47M | $104.31M | $88.18M | $95.09M | $44.12M | $55.92M | $83.87M | $30.35M |
| Inventory | $- | $- | $-46.93M | $-7.77M | $1 | $137.07M | $1 | $1 | $-5.66M | $-3.11M |
| Other Current Assets | $8.63M | $5.79M | $8.44M | $6.65M | $6.08M | $4.85M | $2.66M | $5.44M | $4.21M | $3.65M |
| Total Current Assets | $236.03M | $216.90M | $157.89M | $180.49M | $117.01M | $137.84M | $98.88M | $74.96M | $105.04M | $56.32M |
| Property Plant Equipment Net | $11.87M | $29.24M | $21.15M | $25.30M | $18.75M | $13.24M | $8.78M | $8.84M | $9.54M | $6.59M |
| Goodwill | $981.80M | $981.80M | $981.80M | $981.80M | $404.75M | $404.75M | $284.11M | $284.11M | $284.11M | $219.73M |
| Intangible Assets | $1.26B | $1.28B | $1.31B | $1.35B | $1.16B | $1.18B | $387.68M | $408.00M | $434.35M | $329.40M |
| Goodwill and Intangible Assets | $2.24B | $2.26B | $2.30B | $2.33B | $1.57B | $1.58B | $671.79M | $692.11M | $718.46M | $549.13M |
| Long Term Investments | $605.00K | $534.00K | $466.00K | $912.00K | $922.00K | $18.30M | $12.72M | $10.66M | $5.64M | $2.84M |
| Tax Assets | $- | $- | $42.58M | $30.81M | $22.57M | $52.87M | $839.64M | $792.62M | $7.45M | $4.31M |
| Other Non-Current Assets | $56.66M | $32.30M | $22.38M | $10.63M | $4.09M | $-49.16M | $-830.29M | $-786.57M | $4.82M | $1.20M |
| Total Non-Current Assets | $2.31B | $2.33B | $2.38B | $2.40B | $1.61B | $1.62B | $702.63M | $717.67M | $745.91M | $564.07M |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $2.55B | $2.54B | $2.54B | $2.58B | $1.73B | $1.75B | $801.51M | $792.62M | $850.95M | $620.39M |
| Account Payables | $57.95M | $50.44M | $50.86M | $62.10M | $35.17M | $271.00K | $607.00K | $327.00K | $3.71M | $1.41M |
| Short Term Debt | $- | $- | $5.06M | $- | $- | $- | $- | $- | $- | $- |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $-985.51M | $-1.13B | $-10.01M | $-924.54M | $-268.86M | $-483.23M | $-418.53M | $- |
| Other Current Liabilities | $139.89M | $223.24M | $58.46M | $54.80M | $-33.81M | $- | $- | $- | $71.57M | $41.50M |
| Total Current Liabilities | $197.84M | $273.68M | $281.26M | $371.48M | $134.64M | $207.90M | $26.19M | $31.85M | $48.51M | $28.91M |
| Long Term Debt | $963.86M | $995.76M | $995.74M | $1.13B | $769.01M | $924.54M | $268.86M | $483.23M | $418.53M | $311.90M |
| Deferred Revenue Non-Current | $- | $-6.49M | $1.52B | $84.72M | $69.85M | $73.15M | $-274.46M | $39.96M | $555.72M | $- |
| Deferred Tax Liabilities Non-Current | $157.12M | $128.71M | $108.14M | $63.12M | $37.68M | $5.49M | $6.21M | $4.07M | $-555.72M | $- |
| Other Non-Current Liabilities | $107.13M | $91.47M | $257.23M | $341.87M | $215.14M | $285.14M | $70.29M | $73.82M | $26.14M | $16.15M |
| Total Non-Current Liabilities | $1.23B | $1.22B | $1.19B | $1.28B | $888.54M | $1.01B | $319.77M | $529.59M | $471.44M | $342.05M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $1.43B | $1.49B | $1.48B | $1.65B | $1.02B | $1.22B | $345.96M | $561.44M | $519.95M | $370.96M |
| Preferred Stock | $- | $- | $609.12M | $402.81M | $161.58M | $- | $- | $- | $- | $- |
| Common Stock | $839.00K | $824.00K | $805.00K | $772.00K | $742.00K | $720.00K | $706.00K | $572.00K | $548.00K | $466.00K |
| Retained Earnings | $924.60M | $736.85M | $609.12M | $402.81M | $161.58M | $-34.70M | $-119.71M | $-183.89M | $-74.53M | $-67.83M |
| Accumulated Other Comprehensive Income Loss | $18.68M | $31.33M | $35.44M | $5.97M | $-7.46M | $-0 | $-86.00K | $64.00K | $-537.00K | $-542.00K |
| Other Total Stockholders Equity | $177.51M | $284.00M | $420.04M | $520.37M | $552.68M | $571.86M | $574.64M | $414.44M | $405.50M | $317.34M |
| Total Stockholders Equity | $1.12B | $1.05B | $1.07B | $929.93M | $707.54M | $537.87M | $455.55M | $231.18M | $331.00M | $249.43M |
| Total Equity | $1.12B | $1.05B | $2.01B | $1.99B | $1.45B | $1.43B | $672.91M | $701.49M | $733.09M | $249.43M |
| Total Liabilities and Stockholders Equity | $2.55B | $2.54B | $2.54B | $2.58B | $1.73B | $1.75B | $801.51M | $792.62M | $850.95M | $620.39M |
| Minority Interest | $- | $- | $947.34M | $1.06B | $746.26M | $887.42M | $217.37M | $470.30M | $402.09M | $- |
| Total Liabilities and Total Equity | $2.55B | $2.54B | $2.54B | $2.58B | $1.73B | $1.75B | $801.51M | $792.62M | $850.95M | $620.39M |
| Total Investments | $605.00K | $534.00K | $27.27M | $912.00K | $1.84M | $19.08M | $13.32M | $11.34M | $6.16M | $3.37M |
| Total Debt | $963.86M | $1.00B | $985.51M | $1.13B | $769.01M | $924.54M | $268.86M | $483.23M | $418.53M | $311.90M |
| Net Debt | $837.13M | $876.88M | $947.34M | $1.06B | $746.26M | $887.42M | $217.37M | $470.30M | $402.09M | $296.75M |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $288.86M | $213.16M | $275.51M | $278.39M | $212.52M | $92.49M | $63.70M | $25.83M | $-6.07M | $3.80M |
| Depreciation and Amortization | $30.18M | $41.65M | $43.20M | $18.84M | $16.38M | $23.87M | $23.28M | $29.91M | $30.41M | $27.29M |
| Deferred Income Tax | $32.52M | $21.54M | $35.65M | $19.49M | $34.60M | $-745.00K | $4.12M | $11.19M | $-3.08M | $2.48M |
| Stock Based Compensation | $20.09M | $21.54M | $17.72M | $26.50M | $22.52M | $22.12M | $17.35M | $17.18M | $12.02M | $8.99M |
| Change in Working Capital | $- | $46.02M | $4.13M | $14.38M | $-52.84M | $60.57M | $12.41M | $1.19M | $2.24M | $-4.19M |
| Accounts Receivables | $- | $- | $15.03M | $-8.10M | $8.71M | $-22.37M | $5.06M | $2.01M | $-5.31M | $2.92M |
| Inventory | $- | $- | $- | $-19.44M | $-54.86M | $64.81M | $6.19M | $13.51M | $3.09M | $734.00K |
| Accounts Payables | $1.53M | $5.67M | $-10 | $19.44M | $1.09M | $-336.00K | $278.00K | $-3.55M | $2.30M | $-60.00K |
| Other Working Capital | $-10.04M | $40.35M | $-10.90M | $22.48M | $-7.78M | $18.46M | $883.00K | $-10.79M | $2.16M | $-7.79M |
| Other Non Cash Items | $-31.67M | $-13.61M | $-41.00M | $18.60M | $17.44M | $29.07M | $13.50M | $10.88M | $4.02M | $2.28M |
| Net Cash Provided by Operating Activities | $339.98M | $330.29M | $335.21M | $376.20M | $250.62M | $227.38M | $134.34M | $96.17M | $39.54M | $40.65M |
| Investments in Property Plant and Equipment | $-1.28M | $-5.17M | $-5.25M | $-12.67M | $-8.06M | $-5.24M | $-2.55M | $-5.11M | $-1.16M | $-1.93M |
| Acquisitions Net | $- | $- | $-880.00K | $-539.24M | $-1.52M | $-840.70M | $-4.00M | $-2.00M | $-207.44M | $-16.00M |
| Purchases of Investments | $-13.31M | $-13.85M | $-24.20M | $-14.55M | $-7.33M | $-6.78M | $-7.78M | $-9.68M | $-6.17M | $-5.18M |
| Sales Maturities of Investments | $10.64M | $11.18M | $24.01M | $9.88M | $4.57M | $2.91M | $2.77M | $5.25M | $4.68M | $2.92M |
| Other Investing Activities | $-37.00K | $- | $-192.00K | $-4.67M | $-4.28M | $6.70M | $-9.00M | $3.01M | $12.00K | $31.00K |
| Net Cash Used for Investing Activities | $-3.98M | $-7.84M | $-6.32M | $-556.59M | $-12.34M | $-849.81M | $-11.55M | $-8.53M | $-210.08M | $-20.15M |
| Debt Repayment | $-29.52M | $- | $-149.05M | $360.48M | $-162.39M | $660.41M | $-221.22M | $57.05M | $111.98M | $32.95M |
| Common Stock Issued | $8.88M | $6.29M | $14.11M | $8.38M | $4.76M | $4.08M | $156.55M | $3.19M | $89.26M | $1.67M |
| Common Stock Repurchased | $-103.58M | $-139.30M | $-101.18M | $-31.53M | $-29.88M | $-15.54M | $-8.18M | $-4.65M | $-10.53M | $-1.19M |
| Dividends Paid | $-101.12M | $-85.43M | $-69.20M | $-37.16M | $-16.24M | $-7.44M | $-831.00K | $-135.17M | $-627.00K | $-60.10M |
| Other Financing Activities | $-107.43M | $-18.69M | $-54.87M | $-72.94M | $-48.96M | $-33.50M | $-167.53M | $-11.69M | $-18.25M | $-4.46M |
| Net Cash Used Provided by Financing Activities | $-332.76M | $-237.13M | $-360.19M | $227.22M | $-252.70M | $608.02M | $-84.16M | $-91.27M | $171.84M | $-31.12M |
| Effect of Forex Changes on Cash | $-53.00K | $58.00K | $-70.00K | $-36.00K | $43.00K | $42.00K | $-65.00K | $116.00K | $- | $- |
| Net Change in Cash | $3.18M | $85.38M | $-31.36M | $46.79M | $-14.38M | $-14.37M | $38.57M | $-3.52M | $1.30M | $-10.62M |
| Cash at End of Period | $126.73M | $123.55M | $38.17M | $69.53M | $22.74M | $37.12M | $51.49M | $12.92M | $16.44M | $15.14M |
| Cash at Beginning of Period | $123.55M | $38.17M | $69.53M | $22.74M | $37.12M | $51.49M | $12.92M | $16.44M | $15.14M | $25.76M |
| Operating Cash Flow | $339.98M | $330.29M | $335.21M | $376.20M | $250.62M | $227.38M | $134.34M | $96.17M | $39.54M | $40.65M |
| Capital Expenditure | $-1.28M | $-5.17M | $-5.25M | $-12.67M | $-8.06M | $-5.24M | $-2.55M | $-5.11M | $-1.16M | $-1.93M |
| Free Cash Flow | $338.70M | $325.12M | $329.97M | $363.52M | $242.56M | $222.15M | $131.80M | $91.06M | $38.38M | $38.73M |