Victory Capital Holdings, Inc. Class A Common Stock
Description
Victory Capital Holdings, Inc., together with its subsidiaries, operates as an asset management company in the United States and internationally. It offers investment advisory, fund administration, fund compliance, fund transfer agent, fund distribution, and other management services. The company provides specialized investment strategies to institutions, intermediaries, retirement platforms, and individual investors. Its investment products include actively and passively managed mutual funds; rules-based and active exchange traded funds; institutional separate accounts; variable insurance products; alternative investments; and private closed-end funds; and a 529 Education Savings Plan. The company also offers strategies through third-party investment products, including mutual funds, third-party ETF model strategies, retail separately managed accounts, unified managed accounts through wrap account programs, Collective Investment Trusts, and undertakings for the collective investment in transferable securities. Victory Capital Holdings, Inc. was incorporated in 2013 and is based in San Antonio, Texas.
About
CEO
Mr. David Craig Brown CPA
Employees
481
Instrument type
Common Stock
Sector
Financial Services
Industry
Asset Management
MIC code
XNGS
Address
15935 La Cantera Parkway, San Antonio, TX 78256, United States
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Oscillators
No data available
Summary
No data available
Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Nov 5, 2025 | — | — | — | — |
| Aug 6, 2025 | — | — | — | — |
| May 8, 2025 | — | — | — | — |
| Feb 7, 2025 | — | — | — | — |
| Nov 8, 2024 | 1.30 | 1.19 | -0.11 | -8.46% |
Earnings estimate
|
Next Quarter
(Mar 2025)
|
Next Year
(Dec 2025)
|
|||
|---|---|---|---|---|
| Number of analysts | — | 6 | — | 7 |
| Average estimate | — | 1.31 | — | 6.04 |
| Low estimate | — | 0.86 | — | 5.70 |
| High estimate | — | 1.51 | — | 6.30 |
| Last year EPS | — | 1.10 | — | 5.28 |
[stock_revenue_estimate]
Growth estimates
Current qtr
18.930%
Next qtr. (Mar 2025)
18.870%
Current year
17.000%
Next year (Dec 2025)
14.510%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 821.03M | 854.80M | 890.27M | 775.35M | 612.37M |
| Cost of revenue | 370.59M | 399.30M | 411.22M | 372.85M | 326.43M |
| Gross profit | 450.44M | 455.50M | 479.05M | 402.51M | 285.94M |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | 56.29M | 52.37M | 53.72M | 51.22M | 46.57M |
| Other operating expenses | — | — | — | — | — |
| Operating income | 352.51M | 359.92M | 406.49M | 334.91M | 215.50M |
| Non operating interest income | |||||
| Income | 27.24M | 3.68M | 6.05M | 3.70M | 6.83M |
| Expense | 76.76M | 46.90M | 22.32M | 34.02M | 38.40M |
| Other income expense | -24.05M | 36.54M | -37.24M | -23.07M | -60.74M |
| Pretax income | 275.91M | 350.03M | 350.64M | 278.54M | 120.69M |
| Tax provision | 62.75M | 74.52M | 72.25M | 66.02M | 28.20M |
| Net income | 213.16M | 275.51M | 278.39M | 212.52M | 92.49M |
| Basic EPS | 3.22 | 4.02 | 4.10 | 3.14 | 1.37 |
| Diluted EPS | 3.12 | 3.81 | 3.75 | 2.88 | 1.26 |
| Basic average shares | 66.20M | 68.48M | 67.98M | 67.71M | 67.62M |
| Diluted average shares | 66.20M | 68.48M | 67.98M | 67.71M | 67.62M |
| EBITDA | 418.37M | 403.60M | 429.04M | 352.01M | 243.70M |
| Net income from continuing op. | 213.16M | 275.51M | 278.39M | 212.52M | 92.49M |
| Minority interests | — | — | — | — | — |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 2.54B | 2.54B | 2.58B | 1.73B | 1.75B |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 123.55M | 38.17M | 69.53M | 22.74M | 37.12M |
| Other short term investments | — | — | — | 922,000 | 771,000 |
| Accounts receivable | 86.13M | 82.73M | 97.76M | 84.93M | 93.63M |
| Other receivables | 1.44M | 1.75M | 6.55M | 3.25M | 1.46M |
| Inventory | — | — | — | — | — |
| Prepaid assets | 5.79M | 8.44M | 6.65M | 6.08M | 4.85M |
| Restricted cash | — | — | — | — | — |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | — | — | — | — | — |
| Non current assets | |||||
| Properties | — | — | — | — | — |
| Land and improvements | — | — | — | — | — |
| Machinery furniture equipment | 43.77M | 36.96M | 34.58M | 24.45M | 24.18M |
| Construction in progress | — | — | — | — | — |
| Leases | 4.38M | 4.38M | 4.49M | 3.16M | 2.85M |
| Accumulated depreciation | -28.57M | -20.20M | -13.77M | -8.86M | -13.79M |
| Goodwill | 3.25B | 3.28B | 3.31B | 1.97B | 1.98B |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | 1.28B | 1.31B | 1.35B | 1.16B | 1.18B |
| Investments and advances | 534,000 | 466,000 | 912,000 | 922,000 | 18.31M |
| Other non current assets | 41.97M | 91.76M | 41.45M | 26.66M | 22.01M |
| Total liabilities | 1.49B | 1.48B | 1.65B | 1.02B | 1.22B |
| Current liabilities | |||||
| Accounts payable | 56.48M | 50.86M | 62.10M | 42.14M | 271,000 |
| Accrued expenses | — | — | — | 40.79M | 88.93M |
| Short term debt | — | — | — | — | — |
| Deferred revenue | — | — | — | — | — |
| Tax payable | — | — | — | — | — |
| Pensions | — | — | — | — | — |
| Other current liabilities | — | — | — | — | — |
| Non current liabilities | |||||
| Long term debt | 989.27M | 985.51M | 1.13B | 769.01M | 924.54M |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | 128.71M | 108.14M | 63.12M | 37.68M | 5.49M |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | 11.23M | 15.32M | 2.58M | 12.00M | 4.36M |
| Shareholders equity | |||||
| Common stock | 824,000 | 805,000 | 772,000 | 742,000 | 720,000 |
| Retained earnings | 736.85M | 609.12M | 402.81M | 161.58M | -34.71M |
| Other shareholders equity | 31.33M | 35.44M | 5.97M | -7.46M | — |
| Total shareholders equity | 1.05B | 1.07B | 929.93M | 707.54M | 537.87M |
| Additional paid in capital | 728.28M | 705.47M | 673.57M | 647.60M | 624.77M |
| Treasury stock | 444.29M | 285.43M | 153.20M | 94.92M | 52.91M |
| Minority interest | — | — | — | — | — |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Net Income | 213.16M | 275.51M | 278.39M | 212.52M | 92.49M | 63.70M | 25.83M | -6.07M | 3.80M |
| Depreciation | 41.65M | 43.20M | 18.84M | 16.38M | 23.87M | 23.28M | 29.91M | 30.41M | 27.29M |
| Deferred Taxes | 21.54M | 35.65M | 19.49M | 34.60M | -745,000 | 4.12M | 11.19M | -3.08M | 2.48M |
| Stock-Based Compensation | 21.54M | 17.72M | 26.50M | 22.52M | 22.12M | 17.35M | 17.18M | 12.02M | 8.99M |
| Other Non-Cash Items | -11.75M | -49.61M | 17.23M | 15.77M | 23.78M | 3.84M | 10.74M | 4.41M | 2.08M |
| Accounts Receivable | -3.67M | 19.85M | -9.73M | 5.63M | -22.05M | 10.70M | 23.47M | -5.21M | 3.74M |
| Accounts Payable | 5.67M | -10.23M | 19.44M | 1.09M | -336,000 | 278,000 | -3.55M | 2.30M | -60,000 |
| Other Assets & Liabilities | 43.70M | -3.70M | 4.97M | -9.99M | 20.50M | 1.39M | -11.80M | 329,000 | -6.16M |
| Operating Cash Flow | 331.84M | 328.39M | 375.13M | 298.52M | 159.64M | 124.64M | 102.96M | 35.11M | 42.17M |
| Investing Activities | |||||||||
| Capital Expenditures | -5.17M | -5.25M | -12.67M | -8.06M | -5.24M | -2.55M | -2.10M | -1.15M | -1.90M |
| Net Intangibles | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | — | -880,000 | -539.24M | -1.52M | -840.70M | -4.00M | -2.00M | -207.44M | -16.00M |
| Purchase of Investments | -13.85M | -24.20M | -14.55M | -7.33M | -6.78M | -7.78M | -9.68M | -5.37M | -5.18M |
| Sale of Investments | 11.18M | 24.01M | 9.88M | 4.57M | 2.91M | 2.77M | 5.25M | 3.88M | 2.92M |
| Investing Cash Flow | -7.84M | -6.32M | -556.59M | -12.34M | -849.81M | -11.55M | -8.53M | -210.08M | -20.15M |
| Financing Activities | |||||||||
| Long-Term Debt Issuance | — | — | 502.48M | — | 1.09B | 359.10M | 125.00M | 133.48M | 49.63M |
| Long-Term Debt Payments | — | -149.05M | -142.00M | -162.39M | -428.10M | -580.33M | -67.95M | -21.49M | -16.67M |
| Other Financing Charges | -18.69M | -54.87M | -72.94M | -48.96M | -33.50M | -11.73M | -11.69M | -18.25M | -4.09M |
| Financing Cash Flow | -237.13M | -360.19M | 227.22M | -252.70M | 608.02M | -85.41M | -91.27M | 171.84M | -30.75M |
| Other Cash Details | |||||||||
| End Cash Position | 123.55M | 38.17M | 69.53M | 22.74M | 37.12M | 51.49M | 12.92M | 16.44M | 15.14M |
| Income Tax Paid | 38.69M | 35.73M | 55.15M | 37.81M | 24.63M | 17.99M | 758,000 | 495,000 | 613,000 |
| Interest Paid | 70.69M | 31.98M | 18.77M | 38.69M | 23.45M | 17.53M | 41.49M | 29.39M | 22.58M |
| Free Cash Flow | 325.12M | 329.97M | 363.52M | 242.56M | 222.15M | 131.80M | 91.06M | 38.38M | 38.73M |
Top Institutional Holders
| Holder | Date Reported | Shares | Value | % Held |
|---|---|---|---|---|
| Smallcap World Fund | Sep 30, 2024 | 3,203,141 | 210.41M | 4.93% |
| Vanguard Total Stock Market Index Fund | Sep 30, 2024 | 1,475,415 | 96.92M | 2.27% |
| Capitol Ser Tr-Fuller & Thaler Behavioral Small Cap Equity Fd | Sep 30, 2024 | 1,215,699 | 79.86M | 1.87% |
| Franklin Value Investors Trust-Franklin Small Cap Value | Oct 31, 2024 | 1,215,630 | 79.85M | 1.87% |
| iShares Russell 2000 ETF | Nov 30, 2024 | 1,205,456 | 79.19M | 1.85% |
| Pax World Small Cap Fund | Sep 30, 2024 | 675,000 | 44.34M | 1.04% |
| Vanguard Extended Market Index Fund | Sep 30, 2024 | 638,532 | 41.95M | 0.98% |
| Vanguard Small-Cap Index Fund | Sep 30, 2024 | 598,590 | 39.32M | 0.92% |
| ETF Series Solutions-AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF | Oct 31, 2024 | 538,144 | 35.35M | 0.83% |
| Fidelity Small Cap Index Fund | Oct 31, 2024 | 421,001 | 27.66M | 0.65% |
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