tradmap

VIRT Financials Virtu Financial, Inc.

11 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 0.5% per year over the past 5 years.
  • Net income has grown slower than revenue (-73.1% vs 0.5% per year).
  • Free cash flow has declined 13.6% per year over the past 5 years.

Financial health

  • Total debt ($2.0B) exceeds cash ($1.1B); net debt is $978M.
  • Total debt has grown faster than revenue (3.7% vs 0.5% per year).
Revenue & net income
-$59M $295M $649M $0 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
-12% 153% 319% 0% 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Return on equity & assets (ROE / ROA)
-6% 19% 44% 0% 2015 2017 2019 2021 2023 2025
ROEROA
Free cash flow (CFO − capex)
$0 $574M $1B 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $1B $2B 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$958M $107M $1B $0 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2025 $617M $912264 0.0% 0.0% 0.1% 0.0% $496M $2.0B $1.1B
2024 $517M $534535 0.0% 0.0% 0.0% 0.0% $587M $1.7B $873M
2023 $456M $263921 0.0% 0.0% 0.0% 0.0% $454M $1.7B $820M
2022 $530M $468332 0.0% 0.0% 0.0% 0.0% $680M $1.8B $982M
2021 $614M $827234 0.0% 0.0% 0.1% 0.0% $1.1B $1.7B $1.1B
2020 $601M $649M 0.0% 0.0% 44.2% 6.5% $1.0B $1.7B $890M
2019 $499M -$59M 0.0% 0.0% -6.3% -0.6% $159M $2.0B $732M
2018 $184M $289M 0.0% 0.0% 27.5% 3.9% $688M $922M $730M
2017 $117M $3M 0.0% 0.0% 0.4% 0.0% $272M $1.4B $533M
2016 $10M $33M 0.0% 0.0% 22.6% 0.9% $228M $590M $181M
2015 — $21M — — 16.0% 0.6% $244M $539M $163M

Valuation over time

How the market has priced VIRT against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 6241.4 12482.9 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/E
Price / sales (P/S)
0.0 4.7 9.4 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/S

Frequently asked questions

Is VIRT growing its revenue and profit?

Over the past 5 years, Virtu Financial, Inc.'s revenue has grown 0.5% per year, and net income declined 73.1% per year. These are computed facts, not advice.

How much debt does VIRT have?

As of FY2025, Virtu Financial, Inc. reported $2.0B of total debt against $1.1B of cash.

What is VIRT's profit margin?

In FY2025, gross margin was —, operating margin —, and net margin 0.1%.

What is VIRT's P/E ratio?

Virtu Financial, Inc.'s P/E (TTM) is 8.54 as of the 2026-11-03 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the VIRT stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 5156.2× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.