Victory Capital Holdings Return on Equity (ROE) Growth & History (VCTR)
Victory Capital Holdings's return on equity was 18.61% for fiscal 2025.
View full Victory Capital Holdings company overviewVictory Capital Holdings annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 18.61% | −7.95 pp |
| 2024 | 2024-12-31 | 26.57% | +6.44 pp |
| 2023 | 2023-12-31 | 20.12% | −7.49 pp |
| 2022 | 2022-12-31 | 27.62% | −6.39 pp |
| 2021 | 2021-12-31 | 34.00% | −0.13 pp |
| 2020 | 2020-12-31 | 34.13% | +15.51 pp |
| 2019 | 2019-12-31 | 18.62% | +0.07 pp |
| 2018 | 2018-12-31 | 18.55% | +9.37 pp |
| 2017 | 2017-12-31 | 9.19% | +11.28 pp |
| 2016 | 2016-12-31 | −2.09% | — |
Victory Capital Holdings quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 5.89% | +2.63 pp |
| Q1 2026 | 2026-03-31 | 4.69% | −0.78 pp |
| Q4 2025 | 2025-12-31 | 4.68% | −2.02 pp |
| Q3 2025 | 2025-09-30 | 3.97% | −3.17 pp |
| Q2 2025 | 2025-06-30 | 3.25% | −3.50 pp |
| Q1 2025 | 2025-03-31 | 5.47% | +0.24 pp |
| Q4 2024 | 2024-12-31 | 6.70% | +1.52 pp |
| Q3 2024 | 2024-09-30 | 7.14% | +2.24 pp |
| Q2 2024 | 2024-06-30 | 6.75% | +1.34 pp |
| Q1 2024 | 2024-03-31 | 5.23% | +0.57 pp |
| Q4 2023 | 2023-12-31 | 5.19% | +0.28 pp |
| Q3 2023 | 2023-09-30 | 4.90% | −2.01 pp |
| Q2 2023 | 2023-06-30 | 5.41% | −2.41 pp |
| Q1 2023 | 2023-03-31 | 4.66% | −2.78 pp |
| Q4 2022 | 2022-12-31 | 4.90% | −2.86 pp |
| Q3 2022 | 2022-09-30 | 6.91% | −1.90 pp |
| Q2 2022 | 2022-06-30 | 7.82% | −0.94 pp |
| Q1 2022 | 2022-03-31 | 7.44% | −1.41 pp |
| Q4 2021 | 2021-12-31 | 7.76% | −0.27 pp |
| Q3 2021 | 2021-09-30 | 8.81% | +0.06 pp |
| Q2 2021 | 2021-06-30 | 8.76% | +1.28 pp |
| Q1 2021 | 2021-03-31 | 8.85% | −1.36 pp |
| Q4 2020 | 2020-12-31 | 8.03% | +0.83 pp |
| Q3 2020 | 2020-09-30 | 8.75% | +3.52 pp |
| Q2 2020 | 2020-06-30 | 7.48% | +4.47 pp |
| Q1 2020 | 2020-03-31 | 10.22% | +7.08 pp |
| Q4 2019 | 2019-12-31 | 7.20% | +4.10 pp |
| Q3 2019 | 2019-09-30 | 5.23% | +0.46 pp |
| Q2 2019 | 2019-06-30 | 3.01% | −1.55 pp |
| Q1 2019 | 2019-03-31 | 3.14% | −0.20 pp |
| Q4 2018 | 2018-12-31 | 3.10% | −0.89 pp |
| Q3 2018 | 2018-09-30 | 4.77% | — |
| Q2 2018 | 2018-06-30 | 4.56% | — |
| Q1 2018 | 2018-03-31 | 3.34% | — |
| Q4 2017 | 2017-12-31 | 3.99% | — |
Victory Capital Holdings return on equity trends
Over the last five fiscal years, Victory Capital Holdings's return on equity decreased from 34.13% to 18.61%, a change of −15.51 percentage points. The latest reported quarter, Q2 2026, shows 5.89%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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