Where do Victory Capital Holdings, Inc.'s ratios come from?

Every ratio is computed from Victory Capital Holdings, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Operating margin	36.9%+0.3pp	36.6%-0.9pp	37.5%-3.2pp	40.7%-7.8pp	48.6%+0.7pp
Net margin	25.8%+0.5pp	25.3%0.0pp	25.3%-1.9pp	27.2%-5.7pp	32.9%+0.6pp
Returns
Return on equity	21.7%+3.1pp	18.6%+2.2pp	16.5%+0.9pp	15.6%-11.0pp	26.6%0.0pp
Return on invested capital	15.6%+1.9pp	13.7%+1.4pp	12.3%+0.6pp	11.7%-5.3pp	17.1%+0.2pp
Efficiency
Asset turnover	0.4×+0.1×	0.4×0.0×	0.3×0.0×	0.3×0.0×	0.4×0.0×
Leverage
Debt-to-equity	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.4×-0.4×	0.9×0.0×
Net debt / EBITDA	1.5×-0.1×	1.5×-0.3×	1.8×-0.1×	2×+0.2×	1.7×-0.1×
Per Share
Book value per share	$36.65+0.3%	$36.53+2.0%	$35.83-1.2%	$36.26+105%	$17.69+4.0%
Valuation
Market capitalization	$4.1B+0.1%	$4.1B-5.3%	$4.32B+2.7%	$4.21B+14.3%	$3.68B-13.4%
Price / earnings	10.8×-1.6×	12.4×-2.3×	14.7×-0.4×	15.1×+2.6×	12.5×-2.3×
Price / sales	2.8×-0.4×	3.1×-0.6×	3.7×-0.4×	4.1×0.0×	4.1×-0.7×
Price / book	1.7×0.0×	1.7×-0.1×	1.8×+0.1×	1.7×-1.5×	3.2×-0.6×
EV / EBITDA	8×-1.0×	9×-1.6×	10.5×-0.5×	11×+1.4×	9.7×-1.5×
Dividend yield	4.1%+0.3pp	3.8%+0.5pp	3.3%+0.3pp	3%+0.1pp	2.9%+0.6pp

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Questions, answered.

Where do Victory Capital Holdings, Inc.'s ratios come from?: Every ratio is computed from Victory Capital Holdings, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.