WHG · Westwood Holdings Group 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 | Q4 '24 | Q3 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $24.97M | - | $24.29M | - | $23.72M | $22.69M | - | $21.88M | $21.95M | $22.73M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $2.99M | - | $2.77M | - | $2.99M | $3.01M | - | $3.30M | $3.23M | $1.99M |
| Total Operating Expenses | $26.46M | - | $22.28M | - | $24.21M | $26.87M | - | $23.33M | $18.28M | $21.78M |
| D&A | $101.0K | - | $132.0K | - | - | $174.0K | - | - | - | $176.0K |
| Operating Income | ($1.50M) | - | $2.01M | - | ($494.0K) | ($4.18M) | - | ($1.45M) | $3.67M | $946.0K |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $46.0K | - | $963.0K | - | $308.0K | ($1.19M) | - | ($316.0K) | $1.24M | $776.0K |
| Net Income | $782.0K | - | $3.73M | - | $105.0K | ($2.24M) | - | $3.36M | $2.90M | $693.0K |
| EPS - Basic | $0.09 | - | $0.44 | - | $0.01 | ($0.27) | - | $0.42 | $0.36 | $0.09 |
| EPS - Diluted | $0.09 | - | $0.41 | - | $0.01 | ($0.27) | - | $0.41 | $0.36 | $0.09 |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q4 '24 | Q3 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $23.41M | $26.25M | $21.60M | $18.85M | $22.79M | $23.77M | $20.42M | $17.18M | $15.23M | $16.75M |
| Accounts Receivable | $16.75M | - | $14.57M | - | $14.60M | $14.32M | - | $13.17M | $13.61M | $15.19M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | $68.62M | $63.91M | $72.24M | $66.22M | $55.89M | $52.80M |
| Total Assets | $150.38M | $162.30M | $154.05M | $149.99M | $151.50M | $147.37M | $155.17M | $150.75M | $142.10M | $141.80M |
| Current Liabilities | - | - | - | - | $16.17M | $13.43M | $18.65M | $16.51M | $14.85M | $13.20M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $24.31M | $35.58M | $28.07M | $27.66M | $31.12M | $26.91M | $32.72M | $30.95M | $27.01M | $29.93M |
| Stockholders' Equity | $124.96M | $125.61M | $123.90M | $120.29M | $118.39M | $118.52M | $120.40M | $117.77M | $114.08M | $110.86M |
| Retained Earnings | $8.35M | $8.98M | $8.49M | $6.21M | $4.29M | $4.34M | $4.65M | $2.21M | ($959.0K) | ($3.75M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q4 '24 | Q3 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($2.57M) | - | ($4.90M) | - | - | $8.13M | - | - | - | ($3.18M) |
| Investing Cash Flow | $2.64M | - | ($1.42M) | - | - | ($3.0K) | - | - | - | ($1.25M) |
| Financing Cash Flow | ($2.91M) | - | ($3.11M) | - | - | ($2.66M) | - | - | - | ($2.68M) |
| CapEx | $246.0K | - | $6.0K | - | - | $3.0K | - | - | - | $84.0K |
| Free Cash Flow | ($2.81M) | - | ($4.91M) | - | - | $8.13M | - | - | - | ($3.26M) |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q4 '24 | Q3 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | -6.0% | - | 8.3% | - | -2.1% | -18.4% | - | -6.6% | 16.7% | 4.2% |
| EBITDA margin | -5.6% | - | 8.8% | - | - | -17.6% | - | - | - | 4.9% |
| Net margin | 3.1% | - | 15.4% | - | 0.4% | -9.9% | - | 15.3% | 13.2% | 3.0% |
| Free cash flow margin | -11.3% | - | -20.2% | - | - | 35.8% | - | - | - | -14.4% |
| FCF / Net income | -3.60 | - | -1.32 | - | - | -3.62 | - | - | - | -4.71 |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 12.0% | - | 11.4% | - | 12.6% | 13.3% | - | 15.1% | 14.7% | 8.7% |
| Effective tax rate | 5.6% | - | 20.5% | - | 74.6% | - | - | -10.4% | 30.1% | 52.8% |
| Return on assets | 0.5% | - | 2.4% | - | 0.1% | -1.5% | - | 2.2% | 2.0% | 0.5% |
| Return on equity | 0.6% | - | 3.0% | - | 0.1% | -1.9% | - | 2.8% | 2.5% | 0.6% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | 4.24 | 4.76 | 3.87 | 4.01 | 3.76 | 4.00 |
| Quick ratio | - | - | - | - | 4.24 | 4.76 | 3.87 | 4.01 | 3.76 | 4.00 |
| Cash ratio | - | - | - | - | 1.41 | 1.77 | 1.10 | 1.04 | 1.03 | 1.27 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.20 | 1.29 | 1.24 | 1.25 | 1.28 | 1.24 | 1.29 | 1.28 | 1.25 | 1.28 |
| Liabilities / Assets | 0.16 | 0.22 | 0.18 | 0.18 | 0.21 | 0.18 | 0.21 | 0.21 | 0.19 | 0.21 |
| Efficiency | ||||||||||
| Asset turnover | 0.17 | - | 0.16 | - | 0.16 | 0.15 | - | 0.15 | 0.15 | 0.16 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 245d | - | 219d | - | 225d | 230d | - | 220d | 226d | 244d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 183.0x | - | 40.2x | - | 1420.0x | - | - | 24.8x | 34.4x | 124.6x |
| P / B | 1.2x | - | 1.2x | - | 1.0x | 0.8x | - | 0.7x | 0.9x | 0.8x |
| P / S | 6.0x | - | 6.1x | - | 5.1x | 4.4x | - | 3.8x | 4.6x | 3.9x |
| EV / EBITDA | - | - | 58.8x | - | - | - | - | - | - | 64.7x |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | 2.4% | - | 8.4% | -0.2% | - | 27.1% | 42.4% | - |
| Revenue CAGR (3y) | 3.2% | - | 12.2% | - | 9.9% | 7.4% | - | 12.3% | 11.4% | 10.9% |
| Revenue CAGR (5y) | 6.4% | - | 9.5% | - | 3.6% | -1.0% | - | -8.2% | -8.3% | -7.5% |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | - | - | 66.0% | - | - | - | - | - |
| Net income growth (YoY) | - | - | 3451.4% | - | -96.9% | - | - | 6612.0% | - | - |
| EPS growth (YoY) | - | - | 4000.0% | - | -97.6% | - | - | 4000.0% | - | - |
| EPS CAGR (3y) | 0.0% | - | 244.8% | - | -65.3% | - | - | - | - | -11.5% |
| EPS CAGR (5y) | -29.6% | - | - | - | -40.1% | - | - | -7.9% | -17.5% | -37.3% |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | -5.0% | - | - | - | - |
| Book value growth (YoY) | - | 4.4% | 4.7% | -0.1% | 0.5% | 6.9% | 8.8% | 0.4% | 0.5% | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$203.87M totalTotal Reporting Segment$106.11M · 52.0%
Advisory$84.14M · 41.3%
Trust$21.97M · 10.8%
Other Reporting Segment($8.35M) · -4.1%
Product / service
$101.92M totalInvestment Advisory Services$42.17M · 41.4%
Mutual Fund Advisory Member$28.70M · 28.2%
Trust Fee$21.82M · 21.4%
Private Wealth Advisory$4.72M · 4.6%
Asset Management1$3.02M · 3.0%
Performancefee$1.13M · 1.1%
Other Revenue Misc Services$346.0K · 0.3%
Geographic
$97.76M totalUS$96.97M · 99.2%
CA$791.0K · 0.8%
Peer comparison
Same SIC group: Investment Advice
Comparing WESTWOOD HOLDINGS GROUP INC against the 5 most active filers in the same SIC group.
Dividends
$0.60/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| Jun 1, 2026 | $0.1500 |
| Mar 3, 2026 | $0.1500 |
| Dec 1, 2025 | $0.1500 |
| Sep 2, 2025 | $0.1500 |
| Jun 2, 2025 | $0.1500 |
| Mar 3, 2025 | $0.1500 |
| Dec 2, 2024 | $0.1500 |
| Aug 30, 2024 | $0.1500 |
| Jun 3, 2024 | $0.1500 |
| Feb 29, 2024 | $0.1500 |
| Nov 30, 2023 | $0.1500 |
| Aug 31, 2023 | $0.1500 |
| Jun 1, 2023 | $0.1500 |
| Feb 28, 2023 | $0.1500 |
| Dec 1, 2022 | $0.1500 |
| Sep 1, 2022 | $0.1500 |
| Jun 2, 2022 | $0.1500 |
| Mar 3, 2022 | $0.1500 |
| Dec 2, 2021 | $0.1500 |
| Sep 2, 2021 | $0.1000 |
| Aug 5, 2021 | $2.5000 |
| Jun 3, 2021 | $0.1000 |
| Mar 1, 2021 | $0.1000 |
| Mar 5, 2020 | $0.4300 |