VRTS Financials Virtus Investment Partners, Inc.

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Aug 9, 2026, 10:17 UTC Overview →

Growth & profitability

Revenue has grown 7.1% per year over the past 5 years.
Net income has grown faster than revenue (11.2% vs 7.1% per year).
Operating margin has contracted, at 19.8% in the latest year.

Financial health

The company holds more cash ($478M) than total debt ($390M).
Total debt has grown faster than revenue (14.1% vs 7.1% per year).
Total debt is 1.7× EBITDA.

Shareholder returns

Dividends have been paid for 11 consecutive years, consuming 47.5% of earnings.
The dividend has grown 23.2% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$853M	$136M	0.0%	19.8%	14.6%	3.2%	-$74M	$390M	$478M
2024	$907M	$153M	0.0%	20.1%	17.0%	3.8%	-$4M	$232M	$400M
2023	$845M	$142M	0.0%	17.9%	16.4%	3.8%	$228M	$253M	$341M
2022	$886M	$107M	0.0%	22.3%	13.0%	2.7%	$126M	$255M	$589M
2021	$979M	$263M	0.0%	33.2%	31.7%	6.7%	$660M	$266M	$586M
2020	$604M	$80M	0.0%	23.7%	11.2%	2.3%	-$227M	$201M	$340M
2019	$563M	$96M	0.0%	22.1%	14.2%	3.0%	-$44M	$278M	$322M
2018	$552M	$76M	0.0%	20.5%	12.0%	2.6%	-$74M	$329M	$255M
2017	$426M	$37M	0.0%	13.6%	6.3%	1.4%	-$184M	$248M	$234M
2016	$323M	$49M	0.0%	15.8%	15.1%	5.9%	$19M	$30M	$84M
2015	—	$35M	—	—	6.9%	4.1%	-$214M	—	$108M
2014	—	$97M	—	—	17.2%	13.9%	-$61M	—	—
2013	—	$77M	—	—	15.6%	12.0%	$27M	—	—
2012	—	$38M	—	—	15.5%	11.4%	$36M	$15M	—
2011	—	$145M	—	—	79.4%	50.8%	$23M	$15M	—

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jun '26	$201M	$45M	0.0%	13.6%	4.7%	1.0%	$56M	$419M	$287M
Mar '26	$200M	$6M	0.0%	7.7%	0.7%	0.1%	$34M	$439M	$274M
Dec '25	$208M	$34M	0.0%	19.1%	3.6%	0.8%	-$248M	$390M	$478M
Sep '25	$216M	$31M	0.0%	21.7%	3.4%	0.8%	$107M	$391M	$462M
Jun '25	$211M	$43M	0.0%	21.5%	4.8%	1.2%	$74M	$231M	$243M
Mar '25	$218M	$28M	0.0%	16.8%	3.1%	0.8%	-$7M	$232M	$220M
Dec '24	$233M	$39M	0.0%	21.7%	4.4%	1.0%	-$105M	$232M	$400M
Sep '24	$227M	$49M	0.0%	24.3%	5.5%	1.4%	$69M	$237M	$312M
Jun '24	$224M	$26M	0.0%	19.7%	3.0%	0.7%	$69M	$248M	$351M
Mar '24	$222M	$38M	0.0%	14.5%	4.3%	1.1%	-$36M	$253M	$248M
Dec '23	$215M	$38M	0.0%	18.2%	4.5%	1.0%	$5M	$253M	$341M
Sep '23	$219M	$38M	0.0%	20.5%	4.4%	1.0%	$124M	$274M	$406M
Jun '23	$214M	$30M	0.0%	18.3%	3.5%	0.8%	$144M	$294M	$358M
Mar '23	$198M	$35M	0.0%	14.4%	4.1%	0.9%	-$44M	$255M	$418M
Dec '22	$198M	$26M	0.0%	15.7%	3.2%	0.7%	-$23M	$255M	$589M
Sep '22	$210M	$27M	0.0%	20.9%	3.4%	0.8%	$116M	$255M	$396M
Jun '22	$225M	$14M	0.0%	25.2%	1.8%	0.4%	$118M	$256M	$359M
Mar '22	$252M	$39M	0.0%	26.0%	4.8%	1.1%	-$84M	$266M	$336M
Dec '21	$266M	$62M	0.0%	31.4%	7.5%	1.6%	$241M	$266M	$586M
Sep '21	$252M	$73M	0.0%	37.0%	8.9%	1.9%	$184M	$267M	$593M

Valuation over time

How the market has priced VRTS 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.

The price-to-earnings ratio has fallen from 11.8× (Mar '23) to 5.9× (Nov '26).
The price-to-sales ratio has fallen from 1.4× (Mar '23) to 0.9× (Nov '26).
The dividend yield has risen from 3.7% (Mar '23) to 8.1% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is VRTS growing its revenue and profit?

Over the past 5 years, Virtus Investment Partners, Inc.'s revenue has grown 7.1% per year, and net income grown 11.2% per year. These are computed facts, not advice.

How much debt does VRTS have?

As of FY2025, Virtus Investment Partners, Inc. reported $390M of total debt against $478M of cash.

What is VRTS's profit margin?

In FY2025, gross margin was —, operating margin 19.8%, and net margin 15.9%.

What is VRTS's P/E ratio?

Virtus Investment Partners, Inc.'s P/E (TTM) is 6.88 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 VRTS stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 5.9× 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.