Blackstone Secured Lending Fund (BXSL) vs Victory Capital Holdings, Inc. (VCTR)
Blackstone Secured Lending Fund and Victory Capital Holdings, Inc. are both Asset Management companies. Victory Capital Holdings, Inc. is the larger, with a market value of $6.5B against $5.8B — 1.1× the size. Blackstone Secured Lending Fund trades at the lower P/E: 19.4× against 19.8×. Victory Capital Holdings, Inc. grew revenue faster over the last twelve months: 51.5% against −2.58%. Victory Capital Holdings, Inc. has the higher net margin (22.7% vs 21.5%) and the higher return on invested capital (12.3% vs 0.00%). Both pay a dividend; Blackstone Secured Lending Fund yields more (10.3% vs 3.93%). Across the 21 metrics below, Blackstone Secured Lending Fund leads on 11 and Victory Capital Holdings, Inc. on 10.
Valuation
Profitability
| Metric | BXSL | VCTR | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 82.62% | 41.33% | 33.03% |
| Net margin | 21.53% | 22.65% | 13.53% |
| Free cash flow margin | 10.86% | 36.16% | 12.44% |
| Return on equity | 4.80% | 14.59% | 4.83% |
| Return on assets | 2.13% | 8.38% | 1.57% |
| Return on invested capital | 0.00% | 12.30% | 3.04% |
Growth
Health
Dividend
Size
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