Hamilton Lane Inc. (HLNE) vs Victory Capital Holdings, Inc. (VCTR)
Hamilton Lane Inc. 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 $4.7B — 1.4× the size. Hamilton Lane Inc. trades at the lower P/E: 13.0× against 19.8×. Victory Capital Holdings, Inc. grew revenue faster over the last twelve months: 51.5% against 24.0%. Hamilton Lane Inc. has the higher net margin (32.1% vs 22.7%) and the higher return on invested capital (14.5% vs 12.3%). Both pay a dividend; Victory Capital Holdings, Inc. yields more (3.93% vs 1.55%). Across the 22 metrics below, Hamilton Lane Inc. leads on 18 and Victory Capital Holdings, Inc. on 4.
Valuation
Profitability
| Metric | HLNE | VCTR | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 43.62% | 41.33% | 33.03% |
| Net margin | 32.14% | 22.65% | 13.53% |
| Free cash flow margin | 42.74% | 36.16% | 12.44% |
| Return on equity | 20.53% | 14.59% | 4.83% |
| Return on assets | 12.71% | 8.38% | 1.57% |
| Return on invested capital | 14.48% | 12.30% | 3.04% |
Growth
Health
Dividend
Size
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