earnings
confidence high
sentiment positive
materiality 0.80
Victory Capital reports record FY2022 GAAP operating income; Q4 AUM $153B, dividend up 28%
Victory Capital Holdings, Inc.
2022-FY EPS reported
$3.81
revenue$854,800,000
- GAAP net income $0.74 diluted EPS in Q4; adjusted net income $1.05 diluted EPS (with tax benefit).
- Full year 2022 GAAP operating margin 39.5%; adjusted EBITDA margin 49.6% (second highest annual).
- Q4 long-term gross flows $6.5B, net flows -$4.4B; full year gross $33.3B, net -$2.5B.
- Board increased regular quarterly cash dividend 28% to $0.32 per share.
- Repurchased 4.6M shares and paid $69M dividends; reduced debt by $150M in 2022.