Vulcan Value Partners Reports Positive Annual Returns

Vulcan Value Partners released its fourth-quarter 2025 investor letter on Jan 23, 2026, reporting that all strategies delivered positive 2025 results — Large Cap Composite (Net) -1.5% in Q4 and 7.9% YTD, Small Cap Composite 3.2% Q4 and 9.5% YTD, and All‑Cap Composite 1.3% Q4 and 10.7% YTD. The firm said it improved price-to-value ratios amid overvalued markets, added TransUnion (NYSE:TRU) to its Large Cap and All‑Cap strategies, and emphasized discipline prioritizing safety and long‑term gains.