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.

Price · WHG

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$97.76M	$94.72M	$89.78M	$68.68M	$73.05M	$65.11M
Cost of Revenue	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-
R&D	-	-	-	-	-	-
SG&A	$11.29M	$11.95M	$12.51M	$9.06M	$8.07M	$8.94M
Total Operating Expenses	$92.79M	$93.89M	$83.78M	$73.55M	$67.09M	$68.56M
D&A	$501.0K	$602.0K	$670.0K	$2.58M	$2.40M	$2.64M
Operating Income	$4.97M	$830.0K	$6.00M	($4.87M)	$5.96M	($3.45M)
Interest Expense	-	-	-	-	-	-
Income Tax	$2.60M	$1.80M	$2.87M	($567.0K)	$4.24M	$1.36M
Net Income	$7.08M	$2.21M	$10.57M	($4.63M)	$9.76M	($8.95M)
EPS - Basic	$0.84	$0.27	$1.20	($0.59)	$1.24	($1.12)
EPS - Diluted	$0.79	$0.26	$1.17	($0.59)	$1.23	($1.12)

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$26.25M	$18.85M	$20.42M	$23.86M	$15.21M	$13.02M
Accounts Receivable	-	-	-	-	-	$9.45M
Inventory	-	-	-	-	-	-
Accounts Payable	-	-	-	-	-	-
Current Assets	-	$68.62M◇	$72.24M	$58.19M	$93.86M	$96.31M
Total Assets	$162.30M	$149.99M	$155.17M	$146.43M	$139.60M	$149.15M
Current Liabilities	-	$16.17M◇	$18.65M	$17.61M	$15.84M	$11.79M
Long-term Debt	-	-	-	-	-	-
Total Liabilities	$35.58M	$27.66M	$32.72M	$35.78M	$21.70M	$18.44M
Stockholders' Equity	$125.61M	$120.29M	$120.40M	$110.65M	$117.91M	$130.71M
Retained Earnings	$8.98M	$6.21M	$4.65M	($4.25M)	$4.36M	($1.70M)

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	$18.92M	$21.12M	($1.19M)	$51.49M	$19.39M	($9.77M)
Investing Cash Flow	($3.67M)	($4.61M)	$4.11M	($33.74M)	$9.57M	($4.0K)
Financing Cash Flow	($7.85M)	($18.08M)	($6.36M)	($9.10M)	($26.81M)	($25.81M)
CapEx	$86.0K	$109.0K	$147.0K	$320.0K	$178.0K	$93.0K
Free Cash Flow	$18.84M	$21.01M	($1.33M)	$51.17M	$19.21M	($9.86M)

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	-	-	-	-	-	-
Operating margin	5.1%	0.9%	6.7%	-7.1%	8.2%	-5.3%
EBITDA margin	5.6%	1.5%	7.4%	-3.3%	11.4%	-1.2%
Net margin	7.2%	2.3%	11.8%	-6.7%	13.4%	-13.7%
Free cash flow margin	19.3%	22.2%	-1.5%	74.5%	26.3%	-15.1%
FCF / Net income	2.66	9.50	-0.13	-11.06	1.97	1.10
R&D / Revenue	-	-	-	-	-	-
SG&A / Revenue	11.5%	12.6%	13.9%	13.2%	11.1%	13.7%
Effective tax rate	26.9%	44.9%	21.4%	-	30.3%	-
Return on assets	4.4%	1.5%	6.8%	-3.2%	7.0%	-6.0%
Return on equity	5.6%	1.8%	8.8%	-4.2%	8.3%	-6.8%
Return on invested capital	-	-	-	-	-	-
Liquidity
Current ratio	-	4.24	3.87	3.30	5.92	8.17
Quick ratio	-	4.24	3.87	3.30	5.92	8.17
Cash ratio	-	1.17	1.10	1.35	0.96	1.10
Leverage
Debt / Equity	-	-	-	-	-	-
Debt / Assets	-	-	-	-	-	-
Debt / EBITDA	-	-	-	-	-	-
Interest coverage	-	-	-	-	-	-
Equity multiplier	1.29	1.25	1.29	1.32	1.18	1.14
Liabilities / Assets	0.22	0.18	0.21	0.24	0.16	0.12
Efficiency
Asset turnover	0.60	0.63	0.58	0.47	0.52	0.44
Inventory turnover	-	-	-	-	-	-
Days sales outstanding	-	-	-	-	-	53d
Days inventory outstanding	-	-	-	-	-	-
Days payable outstanding	-	-	-	-	-	-
Cash conversion cycle	-	-	-	-	-	-
Valuation
P / E	21.8x	55.8x	10.7x	-	13.8x	-
P / B	1.2x	1.0x	0.8x	0.8x	1.1x	0.9x
P / S	1.6x	1.3x	1.1x	1.3x	1.8x	1.8x
EV / EBITDA	23.1x	73.1x	12.2x	-	14.3x	-
Growth
Revenue growth (YoY)	3.2%	5.5%	30.7%	-6.0%	12.2%	-22.6%
Revenue CAGR (3y)	12.5%	9.0%	11.3%	-6.5%	-15.9%	-21.3%
Revenue CAGR (5y)	8.5%	2.4%	-6.1%	-12.5%	-9.9%	-13.0%
Gross profit growth (YoY)	-	-	-	-	-	-
Operating income growth (YoY)	499.2%	-86.2%	-	-	-	-
Net income growth (YoY)	220.1%	-79.1%	-	-	-	-
EPS growth (YoY)	203.8%	-77.8%	-	-	-	-
EPS CAGR (3y)	-	-40.4%	-	-	-26.8%	-
EPS CAGR (5y)	-	-18.0%	-17.9%	-	-15.0%	-
FCF growth (YoY)	-10.4%	-	-	166.4%	-	-
FCF CAGR (5y)	-	-15.0%	-	1.7%	-15.9%	-
Book value growth (YoY)	4.4%	-0.1%	8.8%	-6.2%	-9.8%	-11.9%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$203.87M total

Total 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 total

Investment 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 total

US$96.97M · 99.2%

CA$791.0K · 0.8%

Stability scores

Piotroski F-score

FY 2025 · 9-point quality

4/9

Neutral

✓Net income positive
✓Operating cash flow positive
✓ROA improved YoY
✓Cash flow > net income
-Long-term debt decreased
-Current ratio improved
✗No share dilution
-Gross margin improved
✗Asset turnover improved

Peer comparison

Same SIC group: Investment Advice

Company	Revenue (last FY)	Net margin	ROE
TROW	$7.31B	28.5%	19.2%
CNS	-	-	27.3%
MORN	$2.45B	15.1%	30.3%
MC	-	-	45.7%
APO	$32.05B	10.9%	15.0%

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

Cells marked with a small ◇ are sourced from SEC's bulk Financial Statement Data Sets, which can lose dimensional context (notably Revenue and Operating Income for issuers that report by segment). These cells will be replaced with authoritative values from the Company Facts API as the backfill completes.