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.

	FY'25	FY'24	FY'23	FY'22
Profitability
Operating margin	36.6%-11.2pp	47.8%+7.8pp	40%-6.7pp	46.7%+4.7pp
Net margin	25.3%-7.1pp	32.3%+6.4pp	26%-6.3pp	32.2%+1.0pp
EBITDA margin	42.2%-9.0pp	51.2%+6.1pp	45.1%-6.7pp	51.7%+7.6pp
Free cash flow margin	29.8%-8.1pp	37.9%-1.7pp	39.6%+1.0pp	38.6%-2.2pp
Returns
Return on equity	18.6%-8.0pp	26.6%+6.4pp	20.1%-7.5pp	27.6%-6.4pp
Return on assets	9.7%-1.6pp	11.3%+3.0pp	8.4%-2.4pp	10.8%-2.2pp
Return on invested capital	13.7%-3.2pp	16.9%+4.1pp	12.8%-2.8pp	15.6%-1.6pp
Efficiency
Asset turnover	0.4×0.0×	0.4×0.0×	0.3×0.0×	0.3×-0.1×
Leverage
Debt-to-equity	0.4×-0.5×	0.9×-0.1×	1×0.0×	0.9×-0.3×
Debt-to-assets	0.2×-0.1×	0.4×0.0×	0.4×0.0×	0.4×-0.1×
Net debt / EBITDA	1.5×-0.3×	1.9×-0.5×	2.4×+0.2×	2.2×-0.6×
Per Share
Book value per share	$36.53+115%	$17.01+10.2%	$15.44+4.7%	$14.74+17.6%
Valuation
Market capitalization	$4.1B-3.8%	$4.26B+89.3%	$2.25B+22.4%	$1.84B-26.1%
Enterprise value	$4.95B-3.3%	$5.12B+63.6%	$3.13B+11.7%	$2.8B-21.4%
Price / earnings	12.4×-2.3×	14.7×+4.2×	10.6×+3.9×	6.7×-2.3×
Price / sales	3.1×-1.6×	4.8×+2.0×	2.7×+0.6×	2.1×-0.6×
Price / book	1.7×-2.1×	3.8×+1.7×	2.1×+0.4×	1.7×-1.0×
EV / EBITDA	9×-2.2×	11.2×+2.7×	8.4×+2.1×	6.3×-2.7×
EV / sales	3.8×-1.9×	5.7×+1.9×	3.8×+0.5×	3.3×-0.7×
Free cash flow yield	9.5%+1.5pp	8%-6.5pp	14.5%-3.5pp	18%+3.3pp
Earnings yield	8.1%+1.3pp	6.8%-2.7pp	9.5%-5.5pp	15%+3.8pp
Dividend yield	3.8%+1.5pp	2.4%-1.4pp	3.8%0.0pp	3.8%+2.3pp
PEG ratio	0.9×+0.5×	0.4×—	——	——

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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.