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 Overview →
Growth & profitability
Revenue has grown 8.5% per year over the past 5 years.
Operating margin has expanded, at 5.1% in the latest year.
Shareholder returns
Dividends have been paid for 15 consecutive years, consuming 75.8% of earnings and 28.5% of free cash flow.
The dividend has declined 13.4% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
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
FCF
Total debt
Cash
2025
$98M
$7M
0.0%
5.1%
$19M
—
$26M
2024
$95M
$2M
0.0%
0.9%
$21M
—
$19M
2023
$90M
$11M
0.0%
6.7%
-$1M
—
$20M
2022
$69M
-$5M
0.0%
-7.1%
$51M
—
$24M
2021
$73M
$10M
0.0%
8.2%
$19M
—
$15M
2020
$65M
-$9M
0.0%
-5.3%
-$10M
—
$13M
2019
$84M
$6M
0.0%
5.5%
$32M
—
$50M
2018
$122M
$27M
0.0%
29.4%
$30M
—
$52M
2017
$134M
$20M
0.0%
25.3%
$47M
—
$54M
2016
$123M
$23M
0.0%
27.6%
—
—
$34M
2015
—
$27M
—
—
—
—
$23M
2014
—
$27M
—
—
—
—
$18M
2013
—
$18M
—
—
$21M
—
$11M
2012
—
$12M
—
—
$14M
—
$4M
2011
—
$15M
—
—
$17M
—
$5M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
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
FCF
Total debt
Cash
Mar '26
$25M
$782000
0.0%
-6.0%
-$3M
—
$23M
Dec '25
$27M
$2M
0.0%
8.0%
$8M
—
$26M
Sep '25
$24M
$4M
0.0%
8.3%
$8M
—
$22M
Jun '25
$23M
$1M
0.0%
3.8%
$7M
—
$15M
Mar '25
$23M
$477000
0.0%
-0.3%
-$5M
—
$9M
Dec '24
$26M
-$3M
0.0%
10.0%
$9M
—
$19M
Sep '24
$24M
-$1M
0.0%
-2.1%
$519000
—
$23M
Jun '24
$23M
-$378000
0.0%
-18.4%
$4M
—
$24M
Mar '24
$23M
$2M
0.0%
12.9%
$8M
—
$26M
Dec '23
$23M
$3M
0.0%
12.2%
$4M
—
$20M
Sep '23
$22M
$2M
0.0%
-6.6%
-$2M
—
$17M
Jun '23
$22M
$970000
0.0%
16.7%
-$736000
—
$15M
Mar '23
$23M
$693000
0.0%
4.2%
-$3M
—
$17M
Dec '22
$20M
$3M
0.0%
-18.6%
$36M
—
$24M
Sep '22
$15M
$2M
0.0%
-7.0%
$3M
—
$22M
Jun '22
$16M
$970000
0.0%
-2.6%
$3M
—
$22M
Mar '22
$17M
$50000
0.0%
2.4%
$9M
—
$21M
Dec '21
$19M
$3M
0.0%
12.2%
-$2M
—
$15M
Sep '21
$18M
$2M
0.0%
11.4%
$22M
—
$18M
Jun '21
$17M
$970000
0.0%
4.4%
$6M
—
$17M
Valuation over time
How the market has priced WHG 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 risen from 10.5× (Jan '24) to 23.0× (Jun '26).
The price-to-sales ratio has risen from 1.4× (Mar '23) to 1.7× (Jun '26).
The dividend yield has fallen from 5.7% (Mar '23) to 3.3% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is WHG growing its revenue and profit?
Over the past 5 years, WESTWOOD HOLDINGS GROUP INC's revenue has grown 8.5% per year. These are computed facts, not advice.
How much debt does WHG have?
As of FY2025, WESTWOOD HOLDINGS GROUP INC reported — of total debt against $26M of cash.
What is WHG's profit margin?
In FY2025, gross margin was —, operating margin 5.1%, and net margin 7.2%.
What is WHG's P/E ratio?
As of Jun '26, WESTWOOD HOLDINGS GROUP INC traded at a price-to-earnings ratio of about 23.0× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. 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), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.