COMP <GO>
MORN vs VCTR // GROSS PROFIT MARGIN
Morningstar Inc. (NASDAQ) VS. Victory Capital Holdings Inc. (NASDAQ) • 15-METRIC TALLY: MORN 5
— VCTR 7
■ METRIC PARITY
LAST: $226.19 (+1.64%) • MKT CAP: $8.39B
gross-margins
—
LAST: $110.62 (-2.80%) • MKT CAP: $6.80B
gross-margins
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (MORN VS. VCTR)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | MORN | VCTR | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin ACTIVE | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 22.90% | 12.50% | +10.40 | MORN | /roic <GO> |
| EV/EBITDA & P/E Valuation | 13.6x | 15.8x | -2.20 | MORN | /valuation <GO> |
| Free Cash Flow Yield | 5.36% | 5.45% | -0.09 | VCTR | /fcf-yield <GO> |
| Operating Margin | 21.50% | 36.60% | -15.10 | VCTR | /operating-margins <GO> |
| Net Profit Margin | 16.80% | 25.30% | -8.50 | VCTR | /net-margins <GO> |
| Revenue Growth (YoY) | 7.50% | 46.20% | -38.70 | VCTR | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.93% | 2.24% | -1.31 | VCTR | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 9/9 | -2.00 | VCTR | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 64.4 | 50.3 | +14.10 | MORN | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.06 | 0.99 | +0.07 | MORN | /macro-sensitivity <GO> |
| Forward P/E Multiple | 18.7x | 17.8x | +0.90 | VCTR | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $8.39B | $6.80B | $1.59B | MORN | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | MORN REV | VCTR REV | MORN GROSS % | VCTR GROSS % | MORN FCF | VCTR FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $2.45B | $1.31B | 61.0% | — | $442.6M | $381.3M |
| FY 2024 | $2.28B | $893.5M | 60.6% | — | $448.9M | $338.7M |
| FY 2023 | $2.04B | $821.0M | — | — | $224.7M | $293.3M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
MORN // BETA 1.06
VCTR // BETA 0.99