Hamilton Lane (HLNE) vs Victory Capital (VCTR)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Victory Capital (VCTR) has outperformed Hamilton Lane (HLNE) over the past year, gaining 68.3% versus a loss of 30.5%. Over five years, VCTR leads with a +203.4% price change compared with -6.6% for HLNE. Victory Capital is the larger company by market cap ($6.88 billion vs $5.71 billion), about 1.2 times the size.
On valuation, Hamilton Lane trades at a lower forward P/E (11.6x vs 13.0x for Victory Capital). Hamilton Lane offers the higher dividend yield (2.61% vs 1.76%). Hamilton Lane converts more of its revenue into profit, with a net margin of 32.8% versus 25.3%.
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 | HLNE | VCTR |
|---|---|---|
| Share price | $85.20 | $111.85 |
| Market cap | $5.71B | $6.88B |
| 1-day change | -1.50% | -1.76% |
| YTD return | -36.56% | +77.29% |
| 1-year return | -30.51% | +68.30% |
| 5-year return | -6.57% | +203.36% |
| P/E ratio (TTM) | 12.99 | 20.45 |
| Forward P/E | 11.57 | 13.05 |
| EPS (TTM) | $6.56 | $5.47 |
| Dividend yield | 2.61% | 1.76% |
| Annual dividend | $2.22 | $1.97 |
| Revenue (latest FY) | $758.99M | $1.31B |
| Revenue growth (YoY) | +6.46% | +46.19% |
| Net income (latest FY) | $249.18M | $330.06M |
| Operating margin | — | 36.63% |
| Net margin | 32.83% | 25.27% |
| 52-week high | $155.66 | $123.55 |
| 52-week low | $71.88 | $57.03 |
| Distance from 52-week high | -45.27% | -9.47% |
| Analyst consensus | strong_buy | hold |
| Avg. price target upside | +51.85% | +6.10% |
| Average volume | 660.35K | 633.13K |
| Shares outstanding | 43.35M | 61.51M |
| Employees | 800 | 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 HLNE by 98.8 percentage points over the past year.
- Victory Capital trades at a higher earnings multiple (20.4x vs 13.0x trailing P/E).
- Hamilton Lane is more profitable, keeping 32.8 cents of every revenue dollar as net income versus 25.3 cents for Victory Capital.
- Victory Capital grew revenue faster in its latest fiscal year (+46.19% vs +6.46%).
About Hamilton Lane
HLNE stock →Hamilton Lane Incorporated is a private equity and venture capital firm specializing in early venture, emerging growth, turnaround, middle market, mature, mid-venture, bridge, buyout, distressed/vulture, loan, mezzanine in growth capital companies. The firm manages alternative investment strategies like direct credit, direct, fund of fund, evergreen and real assets.
Finance · Investment Managers · 800 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
HLNE vs VCTR FAQ
Which is bigger, Hamilton Lane or Victory Capital?
Victory Capital (VCTR) is larger, with a market capitalization of $6.88B compared with $5.71B for Hamilton Lane (HLNE).
Which stock has performed better over the past year, HLNE or VCTR?
VCTR returned +68.30% over the past 12 months, compared with -30.51% for HLNE (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, HLNE or VCTR?
HLNE has the lower trailing P/E at 13.0, 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, Hamilton Lane or Victory Capital?
Hamilton Lane has the higher yield at 2.61%, compared with 1.76% for Victory Capital.
Are Hamilton Lane and Victory Capital in the same industry?
Yes. Both are classified in the Investment Managers industry within the Finance sector.