Victory Capital Holdings Inc
Victory Capital Holdings, Inc., together with its subsidiaries, operates as an asset management company in the United States and internationally. The company offers specialized investment strategies to institutions, intermediaries, retirement platforms, and individual investors. It also provides various investment products, including actively and passively managed mutual funds, rules-based and ac… Read more
Victory Capital Holdings Inc (VCTR) - Net Assets
Latest net assets as of December 2025: $2.42 Billion USD
Based on the latest financial reports, Victory Capital Holdings Inc (VCTR) has net assets worth $2.42 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.25 Billion) and total liabilities ($1.82 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.42 Billion |
| % of Total Assets | 57.08% |
| Annual Growth Rate | 18.18% |
| 5-Year Change | 58.53% |
| 10-Year Change | N/A |
| Growth Volatility | 32.48 |
Victory Capital Holdings Inc - Net Assets Trend (2015–2024)
This chart illustrates how Victory Capital Holdings Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Victory Capital Holdings Inc (2015–2024)
The table below shows the annual net assets of Victory Capital Holdings Inc from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.12 Billion | +6.52% |
| 2023-12-31 | $1.05 Billion | -1.16% |
| 2022-12-31 | $1.07 Billion | +14.57% |
| 2021-12-31 | $929.93 Million | +31.43% |
| 2020-12-31 | $707.54 Million | +31.54% |
| 2019-12-31 | $537.87 Million | +18.07% |
| 2018-12-31 | $455.55 Million | +97.05% |
| 2017-12-31 | $231.18 Million | -30.16% |
| 2016-12-31 | $331.00 Million | +32.70% |
| 2015-12-31 | $249.43 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Victory Capital Holdings Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 99243400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $924.60 Million | 82.43% |
| Common Stock | $839.00K | 0.07% |
| Other Comprehensive Income | $18.68 Million | 1.67% |
| Other Components | $177.51 Million | 15.83% |
| Total Equity | $1.12 Billion | 100.00% |
Victory Capital Holdings Inc Competitors by Market Cap
The table below lists competitors of Victory Capital Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Whitecap Resources Inc.
PINK:SPGYF
|
$3.17 Billion |
|
Kuala Lumpur Kepong Berhad
PINK:KLKBF
|
$3.17 Billion |
|
Sprott Inc.
NYSE:SII
|
$3.18 Billion |
|
Raiffeisen Bank International AG
PINK:RAIFF
|
$3.18 Billion |
|
Qilu Bank Co Ltd
SHG:601665
|
$3.17 Billion |
|
Korn Ferry
NYSE:KFY
|
$3.16 Billion |
|
Tobu Railway Co. Ltd
PINK:TBURF
|
$3.16 Billion |
|
Covivio
PINK:GSEFF
|
$3.16 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Victory Capital Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,053,001,000 to 1,121,637,000, a change of 68,636,000 (6.5%).
- Net income of 288,864,000 contributed positively to equity growth.
- Dividend payments of 101,116,000 reduced retained earnings.
- Share repurchases of 103,578,000 reduced equity.
- New share issuances of 8,883,000 increased equity.
- Other comprehensive income decreased equity by 12,645,000.
- Other factors decreased equity by 11,772,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $288.86 Million | +25.75% |
| Dividends Paid | $101.12 Million | -9.02% |
| Share Repurchases | $103.58 Million | -9.23% |
| Share Issuances | $8.88 Million | +0.79% |
| Other Comprehensive Income | $-12.64 Million | -1.13% |
| Other Changes | $-11.77 Million | -1.05% |
| Total Change | $- | 6.52% |
Book Value vs Market Value Analysis
This analysis compares Victory Capital Holdings Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.04x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 19.60x to 4.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $3.50 | $68.66 | x |
| 2016-12-31 | $4.65 | $68.66 | x |
| 2017-12-31 | $4.19 | $68.66 | x |
| 2018-12-31 | $6.46 | $68.66 | x |
| 2019-12-31 | $7.32 | $68.66 | x |
| 2020-12-31 | $9.60 | $68.66 | x |
| 2021-12-31 | $12.54 | $68.66 | x |
| 2022-12-31 | $14.74 | $68.66 | x |
| 2023-12-31 | $15.44 | $68.66 | x |
| 2024-12-31 | $17.01 | $68.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Victory Capital Holdings Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 25.75%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 32.33%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 2.27x
- Recent ROE (25.75%) is above the historical average (17.39%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 1.52% | 1.58% | 0.39x | 2.49x | $-21.14 Million |
| 2016 | -1.83% | -2.04% | 0.35x | 2.57x | $-39.17 Million |
| 2017 | 11.17% | 6.30% | 0.52x | 3.43x | $2.71 Million |
| 2018 | 13.98% | 15.41% | 0.52x | 1.76x | $18.15 Million |
| 2019 | 17.20% | 15.10% | 0.35x | 3.26x | $38.70 Million |
| 2020 | 30.04% | 27.41% | 0.45x | 2.45x | $141.77 Million |
| 2021 | 29.94% | 31.27% | 0.35x | 2.77x | $185.40 Million |
| 2022 | 25.86% | 32.23% | 0.34x | 2.38x | $168.97 Million |
| 2023 | 20.24% | 25.96% | 0.32x | 2.41x | $107.86 Million |
| 2024 | 25.75% | 32.33% | 0.35x | 2.27x | $176.70 Million |
Industry Comparison
This section compares Victory Capital Holdings Inc's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $310,488,743
- Average return on equity (ROE) among peers: -23.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Victory Capital Holdings Inc (VCTR) | $2.42 Billion | 1.52% | 0.75x | $3.17 Billion |
| Aberdeen International Inc (AABVF) | $136.31 Million | 25.56% | 0.23x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $-17.60 Million | 0.00% | 0.00x | $1.39 Billion |
| AllianceBernstein Holding L.P. (AB) | $402.30 Million | 32.07% | 0.95x | $3.43 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $502.13 Million | 5.33% | 0.17x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $605.01 Million | 3.35% | 0.58x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $85.10 Million | -65.65% | 0.01x | $77.20K |
| AGF Management Limited (AGFMF) | $1.12 Billion | 10.14% | 3.56x | $298.43 Million |
| Agronomics Limited (AGNMF) | $100.03 Million | 1.02% | 0.02x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $6.11 Million | -266.31% | 0.76x | $2.71 Million |