Victory Capital Holdings, Inc. (VCTR)

Victory Capital Holdings Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	288.86	213.16	275.51	278.39
Depreciation & Amortization	30.18	41.65	43.2	18.84
Other Amortization	4.32	4.24	4.48	3.43
Loss (Gain) From Sale of Assets	-	-	0.49	-
Loss (Gain) From Sale of Investments	-17.41	-4.65	4.65	-3.56
Loss (Gain) on Equity Investments	-	-	0.83	0.33
Stock-Based Compensation	20.09	21.54	17.72	26.5
Other Operating Activities	35.57	8.34	-15.79	37.88
Change in Accounts Receivable	-13.2	-3.4	15.03	-8.1
Change in Accounts Payable	1.53	5.67	-10.23	19.44
Change in Other Net Operating Assets	-9.96	43.75	-0.67	3.04
Operating Cash Flow	339.98	330.29	335.21	376.2
Operating Cash Flow Growth	2.93%	-1.47%	-10.90%	50.11%
Capital Expenditures	-1.28	-5.17	-5.25	-12.67
Cash Acquisitions	-	-	-0.88	-539.24
Investment in Securities	-0.04	-0.01	0.18	0.04
Other Investing Activities	-2.66	-2.66	-0.37	-4.71
Investing Cash Flow	-3.98	-7.84	-6.32	-556.59
Long-Term Debt Issued	-	-	-	502.48
Total Debt Issued	-	-	-	502.48
Long-Term Debt Repaid	-29.52	-	-149.05	-142
Total Debt Repaid	-29.52	-	-149.05	-142
Net Debt Issued (Repaid)	-29.52	-	-149.05	360.48
Issuance of Common Stock	8.88	6.29	14.11	8.38
Repurchase of Common Stock	-129.99	-157.99	-132.25	-58.23
Common Dividends Paid	-101.12	-85.43	-69.2	-37.16
Other Financing Activities	-81.02	-	-23.8	-46.25
Financing Cash Flow	-332.76	-237.13	-360.19	227.22
Foreign Exchange Rate Adjustments	-0.05	0.06	-0.07	-0.04
Net Cash Flow	3.18	85.38	-31.36	46.79
Free Cash Flow	338.7	325.12	329.97	363.52
Free Cash Flow Growth	4.18%	-1.47%	-9.23%	49.87%
Free Cash Flow Margin	37.91%	39.60%	38.60%	40.83%
Free Cash Flow Per Share	5.14	4.77	4.57	4.90
Cash Interest Paid	78.68	70.69	31.98	18.77
Cash Income Tax Paid	52.25	38.69	35.73	55.15
Levered Free Cash Flow	263.68	253.24	272	278.08
Unlevered Free Cash Flow	298.99	286.97	294.72	289.83
Change in Working Capital	-21.62	46.02	4.13	14.38

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q