VRTS · Virtus Investment Partners, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $199.53M | - | $216.38M | $210.53M | $217.93M | - | $227.03M | $224.38M | $222.04M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | $184.09M | - | $169.32M | $165.31M | $181.34M | - | $171.77M | $180.18M | $189.74M | - |
| D&A | $17.67M | - | $1.92M | $2.01M | $16.12M | - | $2.33M | $2.27M | $18.16M | - |
| Operating Income | $15.45M | - | $47.06M | $45.21M | $36.59M | - | $55.26M | $44.20M | $32.31M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $7.15M | - | $13.11M | $12.40M | $12.35M | - | $15.80M | $11.75M | $8.83M | - |
| Net Income | $7.13M | - | $31.93M | $42.37M | $28.65M | - | $40.98M | $17.61M | $29.86M | - |
| EPS - Basic | $1.07 | - | $4.73 | $6.18 | $4.12 | - | $5.80 | $2.47 | $4.19 | - |
| EPS - Diluted | $1.05 | - | $4.65 | $6.12 | $4.05 | - | $5.71 | $2.43 | $4.10 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $274.44M | $478.19M | $462.24M | $243.34M | $219.59M | $400.31M | $311.91M | $350.70M | $247.68M | $341.01M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $4.56B | $4.29B | $3.91B | $3.70B | $3.69B | $3.99B | $3.60B | $3.65B | $3.55B | $3.68B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | $439.29M | $389.96M | $390.62M | $231.28M | $231.71M | $232.13M | $237.47M | $247.60M | $253.01M | $253.41M |
| Total Liabilities | $3.45B | $3.25B | $2.88B | $2.67B | $2.67B | $2.99B | $2.61B | $2.65B | $2.56B | $2.71B |
| Stockholders' Equity | $917.40M | $934.04M | $918.70M | $896.40M | $893.72M | $897.49M | $889.05M | $868.67M | $871.65M | $863.93M |
| Retained Earnings | $331.61M | $340.90M | $322.32M | $307.41M | $280.98M | $268.22M | $251.30M | $226.54M | $223.02M | $207.36M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $35.90M | - | - | - | ($3.79M) | - | - | - | ($34.53M) | - |
| Investing Cash Flow | ($198.47M) | - | - | - | ($2.98M) | - | - | - | ($2.46M) | - |
| Financing Cash Flow | ($40.90M) | - | - | - | ($174.46M) | - | - | - | ($56.15M) | - |
| CapEx | $2.36M | - | - | - | $2.98M | - | - | - | $1.92M | - |
| Free Cash Flow | $33.54M | - | - | - | ($6.77M) | - | - | - | ($36.45M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 7.7% | - | 21.7% | 21.5% | 16.8% | - | 24.3% | 19.7% | 14.5% | - |
| EBITDA margin | 16.6% | - | 22.6% | 22.4% | 24.2% | - | 25.4% | 20.7% | 22.7% | - |
| Net margin | 3.6% | - | 14.8% | 20.1% | 13.1% | - | 18.1% | 7.8% | 13.4% | - |
| Free cash flow margin | 16.8% | - | - | - | -3.1% | - | - | - | -16.4% | - |
| FCF / Net income | 4.71 | - | - | - | -0.24 | - | - | - | -1.22 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 50.1% | - | 29.1% | 22.6% | 30.1% | - | 27.8% | 40.0% | 22.8% | - |
| Return on assets | 0.2% | - | 0.8% | 1.1% | 0.8% | - | 1.1% | 0.5% | 0.8% | - |
| Return on equity | 0.8% | - | 3.5% | 4.7% | 3.2% | - | 4.6% | 2.0% | 3.4% | - |
| Return on invested capital | 0.6% | - | 2.5% | 3.1% | 2.3% | - | 3.5% | 2.4% | 2.2% | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | 0.48 | 0.42 | 0.43 | 0.26 | 0.26 | 0.26 | 0.27 | 0.29 | 0.29 | 0.29 |
| Debt / Assets | 0.10 | 0.09 | 0.10 | 0.06 | 0.06 | 0.06 | 0.07 | 0.07 | 0.07 | 0.07 |
| Debt / EBITDA | 13.26 | - | 7.97 | 4.90 | 4.40 | - | 4.12 | 5.33 | 5.01 | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 4.97 | 4.59 | 4.25 | 4.12 | 4.13 | 4.45 | 4.05 | 4.20 | 4.07 | 4.26 |
| Liabilities / Assets | 0.76 | 0.76 | 0.74 | 0.72 | 0.72 | 0.75 | 0.72 | 0.73 | 0.72 | 0.74 |
| Efficiency | ||||||||||
| Asset turnover | 0.04 | - | 0.06 | 0.06 | 0.06 | - | 0.06 | 0.06 | 0.06 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 128.0x | - | 40.9x | 29.6x | 42.6x | - | 36.7x | 92.9x | 60.5x | - |
| P / B | 1.0x | - | 1.4x | 1.4x | 1.4x | - | 1.7x | 1.9x | 2.1x | - |
| P / S | 4.6x | - | 6.0x | 6.0x | 5.6x | - | 6.6x | 7.3x | 8.1x | - |
| EV / EBITDA | 32.6x | - | 25.2x | 26.3x | 23.4x | - | 24.8x | 33.0x | 35.9x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -8.4% | - | -4.7% | -6.2% | -1.9% | - | 3.5% | 5.1% | 12.2% | - |
| Revenue CAGR (3y) | 0.3% | - | 1.0% | -2.2% | -4.8% | - | -3.4% | -2.8% | 0.8% | - |
| Revenue CAGR (5y) | -1.7% | - | 6.9% | 9.6% | 8.6% | - | 9.2% | 9.8% | 11.2% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -57.8% | - | -14.8% | 2.3% | 13.3% | - | 23.1% | 13.2% | 13.0% | - |
| Net income growth (YoY) | -75.1% | - | -22.1% | 140.6% | -4.1% | - | 32.6% | -41.8% | -22.7% | - |
| EPS growth (YoY) | -74.1% | - | -18.6% | 151.9% | -1.2% | - | 36.3% | -40.7% | -21.3% | - |
| EPS CAGR (3y) | -41.4% | - | 3.0% | 38.8% | -1.4% | - | -8.1% | -32.4% | -3.3% | - |
| EPS CAGR (5y) | -25.4% | - | 4.6% | 33.7% | - | - | 14.1% | -5.7% | 9.5% | - |
| FCF growth (YoY) | - | - | - | - | 81.4% | - | - | - | 17.9% | - |
| FCF CAGR (5y) | -25.6% | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 2.7% | 4.1% | 3.3% | 3.2% | 2.5% | 3.9% | 3.1% | 2.0% | 4.0% | 5.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$1.58B totalInvestment Management Fees$725.04M · 45.9%
Open End Funds$286.61M · 18.2%
Retail Separate Accounts$209.54M · 13.3%
Institutional Accounts$167.59M · 10.6%
Administration And Shareholder Service Fees$73.28M · 4.6%
Closed End Funds$61.30M · 3.9%
Distribution And Service Fees$49.58M · 3.1%
Other Income And Fees$4.97M · 0.3%
Peer comparison
Same SIC group: Investment Advice
Comparing VIRTUS INVESTMENT PARTNERS against the 5 most active filers in the same SIC group.
Dividends
$9.45/share trailing 12 months · +9.2% YoY
| Ex-date | Per share |
|---|---|
| Apr 30, 2026 | $2.4000 |
| Jan 30, 2026 | $2.4000 |
| Oct 31, 2025 | $2.4000 |
| Jul 31, 2025 | $2.2500 |
| Apr 30, 2025 | $2.2500 |
| Jan 31, 2025 | $2.2500 |
| Oct 31, 2024 | $2.2500 |
| Jul 31, 2024 | $1.9000 |
| Apr 29, 2024 | $1.9000 |
| Jan 30, 2024 | $1.9000 |
| Oct 30, 2023 | $1.9000 |
| Jul 28, 2023 | $1.6500 |
| Apr 27, 2023 | $1.6500 |
| Jan 30, 2023 | $1.6500 |
| Oct 28, 2022 | $1.6500 |
| Jul 28, 2022 | $1.5000 |
| Apr 28, 2022 | $1.5000 |
| Jan 27, 2022 | $1.5000 |
| Oct 28, 2021 | $1.5000 |
| Jul 29, 2021 | $0.8200 |
| Apr 29, 2021 | $0.8200 |
| Jan 28, 2021 | $0.8200 |
| Oct 29, 2020 | $0.8200 |
| Jul 30, 2020 | $0.6700 |