Victory Capital Holdings, Inc. (VCTR)

Victory Capital Holdings Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	294.19	288.86	213.16	275.51	278.39	212.52
Depreciation & Amortization	58.77	30.18	41.65	43.2	18.84	16.38
Other Amortization	4.18	4.32	4.24	4.48	3.43	4.47
Loss (Gain) From Sale of Assets	-	-	-	0.49	-	0.26
Loss (Gain) From Sale of Investments	-21.33	-17.41	-4.65	4.65	-3.56	-1.66
Loss (Gain) on Equity Investments	-	-	-	0.83	0.33	0.19
Stock-Based Compensation	37.84	20.09	21.54	17.72	26.5	22.52
Other Operating Activities	47.92	35.57	8.34	-15.79	37.88	48.77
Change in Accounts Receivable	-35.05	-13.2	-3.4	15.03	-8.1	8.71
Change in Accounts Payable	-14.83	1.53	5.67	-10.23	19.44	-47.26
Change in Other Net Operating Assets	-39.48	-9.96	43.75	-0.67	3.04	-14.29
Operating Cash Flow	332.22	339.98	330.29	335.21	376.2	250.62
Operating Cash Flow Growth	-3.78%	2.93%	-1.47%	-10.90%	50.11%	10.22%
Capital Expenditures	-3.71	-1.28	-5.17	-5.25	-12.67	-8.06
Cash Acquisitions	53.61	-	-	-0.88	-539.24	-
Investment in Securities	28.03	-0.04	-0.01	0.18	0.04	-1.57
Other Investing Activities	-2.66	-2.66	-2.66	-0.37	-4.71	-2.71
Investing Cash Flow	75.26	-3.98	-7.84	-6.32	-556.59	-12.34
Long-Term Debt Issued	-	-	-	-	502.48	-
Total Debt Issued	241.14	-	-	-	502.48	-
Long-Term Debt Repaid	-	-29.52	-	-149.05	-142	-162.39
Total Debt Repaid	-255.82	-29.52	-	-149.05	-142	-162.39
Net Debt Issued (Repaid)	-14.69	-29.52	-	-149.05	360.48	-162.39
Issuance of Common Stock	3.41	8.88	6.29	14.11	8.38	4.76
Repurchase of Common Stock	-260.99	-129.99	-157.99	-132.25	-58.23	-41.98
Common Dividends Paid	-143.83	-101.12	-85.43	-69.2	-37.16	-16.24
Other Financing Activities	-64.11	-81.02	-	-23.8	-46.25	-36.85
Financing Cash Flow	-480.21	-332.76	-237.13	-360.19	227.22	-252.7
Foreign Exchange Rate Adjustments	0.22	-0.05	0.06	-0.07	-0.04	0.04
Net Cash Flow	-72.51	3.18	85.38	-31.36	46.79	-14.38
Free Cash Flow	328.51	338.7	325.12	329.97	363.52	242.56
Free Cash Flow Growth	-4.32%	4.18%	-1.47%	-9.23%	49.87%	9.19%
Free Cash Flow Margin	28.21%	37.91%	39.60%	38.60%	40.83%	31.28%
Free Cash Flow Per Share	4.95	5.14	4.77	4.57	4.90	3.29
Cash Interest Paid	83.11	78.68	70.69	31.98	18.77	38.69
Cash Income Tax Paid	67.73	52.25	38.69	35.73	55.15	37.81
Levered Free Cash Flow	345.95	263.68	253.24	272	278.08	192.58
Unlevered Free Cash Flow	375.57	298.99	286.97	294.72	289.83	210.89
Change in Working Capital	-89.36	-21.62	46.02	4.13	14.38	-52.84

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q