Federated Hermes (FHI) vs Victory Capital (VCTR)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Victory Capital (VCTR) has outperformed Federated Hermes (FHI) over the past year, gaining 65.8% versus a gain of 6.8%. Over five years, VCTR leads with a +203.0% price change compared with +69.4% for FHI. Victory Capital is the larger company by market cap ($6.87 billion vs $4.18 billion), about 1.6 times the size.
On valuation, Federated Hermes trades at a lower forward P/E (9.6x vs 13.0x for Victory Capital). Federated Hermes offers the higher dividend yield (2.50% vs 1.76%). Victory Capital converts more of its revenue into profit, with a net margin of 25.3% versus 22.4%.
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 | FHI | VCTR |
|---|---|---|
| Share price | $55.95 | $111.72 |
| Market cap | $4.18B | $6.87B |
| 1-day change | +0.18% | -0.12% |
| YTD return | +7.45% | +77.08% |
| 1-year return | +6.80% | +65.83% |
| 5-year return | +69.44% | +203.01% |
| P/E ratio (TTM) | 10.40 | 20.42 |
| Forward P/E | 9.60 | 13.03 |
| EPS (TTM) | $5.38 | $5.47 |
| Dividend yield | 2.50% | 1.76% |
| Annual dividend | $1.40 | $1.97 |
| Revenue (latest FY) | $1.80B | $1.31B |
| Revenue growth (YoY) | +10.33% | +46.19% |
| Net income (latest FY) | $403.30M | $330.06M |
| Operating margin | 28.54% | 36.63% |
| Net margin | 22.40% | 25.27% |
| 52-week high | $67.20 | $123.55 |
| 52-week low | $46.66 | $57.03 |
| Distance from 52-week high | -16.74% | -9.58% |
| Analyst consensus | hold | hold |
| Avg. price target upside | +7.49% | +6.22% |
| Average volume | 604.39K | 640.11K |
| Shares outstanding | 74.65M | 61.51M |
| Employees | 2,091 | 699 |
| Sector | Financial Services | Finance |
| Industry | Asset Management | 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 FHI by 59.0 percentage points over the past year.
- Victory Capital trades at a higher earnings multiple (20.4x vs 10.4x trailing P/E).
- Victory Capital grew revenue faster in its latest fiscal year (+46.19% vs +10.33%).
- The two companies sit in different sectors: Federated Hermes in Financial Services and Victory Capital in Finance.
About Federated Hermes
FHI stock →Federated Hermes, Inc. is a publicly owned investment manager.
Financial Services · Asset Management · 2,091 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
FHI vs VCTR FAQ
Which is bigger, Federated Hermes or Victory Capital?
Victory Capital (VCTR) is larger, with a market capitalization of $6.87B compared with $4.18B for Federated Hermes (FHI).
Which stock has performed better over the past year, FHI or VCTR?
VCTR returned +65.83% over the past 12 months, compared with +6.80% for FHI (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FHI or VCTR?
FHI has the lower trailing P/E at 10.4, versus 20.4 for VCTR. 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, Federated Hermes or Victory Capital?
Federated Hermes has the higher yield at 2.50%, compared with 1.76% for Victory Capital.
Are Federated Hermes and Victory Capital in the same industry?
No. Federated Hermes is in the Financial Services sector, while Victory Capital is in Finance.