Carlyle Group (CG) vs Victory Capital (VCTR)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Victory Capital (VCTR) has outperformed Carlyle Group (CG) over the past year, gaining 68.3% versus a loss of 38.6%. Over five years, VCTR leads with a +203.4% price change compared with -26.5% for CG. Carlyle Group is the larger company by market cap ($13.68 billion vs $6.87 billion), about 2.0 times the size, while Victory Capital is growing revenue faster (+46.2% vs -11.9%).
On valuation, Carlyle Group trades at a lower forward P/E (7.6x vs 13.0x for Victory Capital). Carlyle Group offers the higher dividend yield (3.65% vs 1.76%). Victory Capital converts more of its revenue into profit, with a net margin of 25.3% versus 16.9%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CG | VCTR |
|---|---|---|
| Share price | $38.39 | $111.72 |
| Market cap | $13.68B | $6.87B |
| 1-day change | +1.56% | -0.12% |
| YTD return | -36.05% | +77.29% |
| 1-year return | -38.65% | +68.30% |
| 5-year return | -26.53% | +203.36% |
| P/E ratio (TTM) | 39.58 | 20.42 |
| Forward P/E | 7.56 | 13.03 |
| EPS (TTM) | $0.97 | $5.47 |
| Dividend yield | 3.65% | 1.76% |
| Annual dividend | $1.40 | $1.97 |
| Revenue (latest FY) | $4.78B | $1.31B |
| Revenue growth (YoY) | -11.91% | +46.19% |
| Net income (latest FY) | $808.70M | $330.06M |
| Operating margin | — | 36.63% |
| Net margin | 16.92% | 25.27% |
| 52-week high | $67.30 | $123.55 |
| 52-week low | $37.09 | $57.03 |
| Distance from 52-week high | -42.96% | -9.58% |
| Analyst consensus | buy | hold |
| Avg. price target upside | +42.98% | +6.22% |
| Average volume | 3.51M | 633.41K |
| Shares outstanding | 356.33M | 61.51M |
| Employees | 2,500 | 699 |
| Sector | Finance | Finance |
| Industry | Investment Managers | Investment Managers |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- VCTR has outperformed CG by 106.9 percentage points over the past year.
- Carlyle Group trades at a higher earnings multiple (39.6x vs 20.4x trailing P/E).
- Carlyle Group offers a meaningfully higher dividend yield (3.65% vs 1.76%).
- Victory Capital is more profitable, keeping 25.3 cents of every revenue dollar as net income versus 16.9 cents for Carlyle Group.
- Victory Capital grew revenue faster in its latest fiscal year (+46.19% vs -11.91%).
About Carlyle Group
CG stock →The Carlyle Group Inc. is an investment firm specializing in direct and fund of fund investments.
Finance · Investment Managers · 2,500 employees
About Victory Capital
VCTR stock →Victory Capital Holdings, Inc., together with its subsidiaries, operates as an asset management company in the United States and internationally. It offers specialized investment strategies to institutions, intermediaries, retirement platforms, and individual investors.
Finance · Investment Managers · 699 employees
CG vs VCTR FAQ
Which is bigger, Carlyle Group or Victory Capital?
Carlyle Group (CG) is larger, with a market capitalization of $13.68B compared with $6.87B for Victory Capital (VCTR).
Which stock has performed better over the past year, CG or VCTR?
VCTR returned +68.30% over the past 12 months, compared with -38.65% for CG (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CG or VCTR?
VCTR has the lower trailing P/E at 20.4, versus 39.6 for CG. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Carlyle Group or Victory Capital?
Carlyle Group has the higher yield at 3.65%, compared with 1.76% for Victory Capital.
Are Carlyle Group and Victory Capital in the same industry?
Yes. Both are classified in the Investment Managers industry within the Finance sector.