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Complete financial analysis of Virtus Investment Partners, Inc. (VRTS) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Virtus Investment Partners, Inc., a leading company in the Asset Management industry within the Financial Services sector.
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Virtus Investment Partners, Inc. (VRTS)
About Virtus Investment Partners, Inc.
Virtus Investment Partners, Inc. is a publicly owned investment manager. The firm primarily provides its services to individual and institutional clients. It launches separate client focused equity and fixed income portfolios. The firm launches equity, fixed income, and balanced mutual funds for its clients. It invests in the public equity, fixed income, and real estate markets. The firm also invests in exchange traded funds. It employs a multi manager approach for its products. The firm employs quantitative analysis to make its investments. It benchmarks the performance of its portfolios against the S&P 500 Index. The firm conducts in-house research to make its investments. Virtus Investment Partners, Inc. was founded in 1988 and is based in Hartford, Connecticut.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 1999 | 1998 | 1997 | 1996 | 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 841.49M | 881.72M | 974.67M | 603.23M | 562.26M | 551.35M | 424.39M | 321.74M | 380.18M | 448.63M | 387.71M | 278.52M | 204.65M | 144.56M | 117.15M | 178.27M | 226.22M | 218.60M | 282.17M | 221.55M | 164.60M | 152.50M | 112.21M |
| Cost of Revenue | 404.74M | 371.26M | 358.23M | 267.30M | 240.52M | 238.50M | 191.39M | 135.64M | 137.10M | 139.81M | 131.77M | 105.57M | 152.72M | 98.44M | 33.70M | 70.46M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 436.74M | 510.46M | 616.44M | 335.93M | 321.74M | 312.85M | 233.00M | 186.10M | 243.08M | 308.82M | 255.94M | 172.95M | 51.93M | 46.12M | 83.45M | 107.82M | 226.22M | 218.60M | 282.17M | 221.55M | 164.60M | 152.50M | 112.21M |
| Gross Profit Ratio | 51.90% | 57.89% | 63.25% | 55.69% | 57.22% | 56.74% | 54.90% | 57.84% | 63.94% | 68.84% | 66.01% | 62.10% | 25.38% | 31.90% | 71.23% | 60.48% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 85.86M | 358.23M | 267.30M | 240.52M | 238.50M | 191.39M | 135.64M | 137.10M | 139.81M | 131.77M | 105.57M | 152.72M | 15.32M | 87.05M | 124.44M | 144.57M | 139.00M | 114.04M | 90.41M | 71.63M | 58.81M | 35.41M |
| Selling & Marketing | 96.80M | 112.61M | 141.04M | 77.01M | 82.10M | 92.44M | 71.99M | 69.05M | 89.73M | 123.67M | 97.79M | 72.21M | -122.56M | 33.21M | 29.94M | 41.35M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 96.80M | 112.61M | 141.04M | 77.01M | 82.10M | 92.44M | 71.99M | 69.05M | 89.73M | 123.67M | 97.79M | 72.21M | 152.72M | 28.28M | 87.05M | 124.44M | 144.57M | 139.00M | 114.04M | 90.41M | 71.63M | 58.81M | 35.41M |
| Other Expenses | 188.46M | 188.35M | 137.51M | 114.60M | 112.63M | 3.29M | 1.64M | 1.09M | 898.00K | 891.00K | 74.00K | -38.00K | -450.00K | 6.93M | 35.62M | 71.59M | 75.63M | 123.50M | 103.50M | 82.09M | 61.27M | 54.41M | 48.64M |
| Operating Expenses | 285.26M | 300.97M | 278.55M | 191.61M | 194.73M | 199.66M | 164.38M | 131.02M | 162.71M | 177.81M | 142.23M | 110.91M | 188.74M | 35.21M | 122.67M | 196.02M | 220.20M | 262.50M | 217.54M | 172.50M | 132.90M | 113.22M | 84.05M |
| Cost & Expenses | 690.00M | 672.22M | 636.78M | 458.91M | 435.25M | 438.16M | 355.78M | 266.66M | 299.80M | 317.62M | 274.00M | 216.48M | 188.74M | 133.65M | 122.67M | 196.02M | 220.20M | 262.50M | 217.54M | 172.50M | 132.90M | 113.22M | 84.05M |
| Interest Income | 210.17M | 111.77M | 91.44M | 111.02M | 119.20M | 103.36M | 51.48M | 22.15M | 14.44M | 8.97M | 3.25M | 1.29M | 321.00K | 659.00K | 624.00K | 903.00K | 1.63M | 0.00 | 3.25M | 1.99M | 2.37M | 2.04M | 1.51M |
| Interest Expense | 178.77M | 93.41M | 69.64M | 97.33M | 111.48M | 84.23M | 47.25M | 11.97M | 523.00K | 537.00K | 782.00K | 854.00K | 782.00K | 983.00K | 1.78M | 2.62M | 26.74M | -31.20M | 19.08M | 14.55M | 5.64M | 1.64M | 2.26M |
| Depreciation & Amortization | 68.44M | 64.22M | 50.77M | 38.85M | 35.24M | 29.74M | 15.67M | 5.55M | 6.74M | 6.54M | 6.84M | 5.93M | 5.87M | 6.93M | 8.99M | 26.26M | 31.19M | 34.74M | 34.19M | 25.72M | 16.90M | 11.84M | 4.09M |
| EBITDA | 433.77M | 321.51M | 474.08M | 300.08M | 291.81M | 226.70M | 146.01M | 87.57M | 102.45M | 143.61M | 129.74M | 71.86M | 19.64M | 18.07M | 4.41M | -561.71M | 36.28M | -70.86M | 100.90M | 79.39M | 65.79M | 59.22M | 41.20M |
| EBITDA Ratio | 51.55% | 43.50% | 49.45% | 48.41% | 50.49% | 45.27% | 32.38% | 26.07% | 26.95% | 32.86% | 31.95% | 24.85% | 10.80% | 12.79% | 3.49% | 3.47% | 16.04% | -32.42% | 37.32% | 35.84% | 36.24% | 38.83% | 36.72% |
| Operating Income | 151.48M | 321.12M | 325.49M | 257.21M | 248.62M | 113.10M | 58.04M | 50.81M | 80.38M | 130.72M | 113.50M | 60.45M | 13.90M | 9.27M | -6.62M | -581.81M | 5.35M | -105.60M | 69.09M | 48.69M | 30.96M | 39.29M | 28.16M |
| Operating Income Ratio | 18.00% | 36.42% | 33.39% | 42.64% | 44.22% | 20.51% | 13.67% | 15.79% | 21.14% | 29.14% | 29.28% | 21.70% | 6.79% | 6.41% | -5.65% | -326.35% | 2.36% | -48.31% | 24.48% | 21.98% | 18.81% | 25.76% | 25.10% |
| Total Other Income/Expenses | 35.08M | -33.57M | 28.18M | 20.73M | -107.94M | -4.06M | 22.39M | 18.99M | -12.74M | 5.59M | 8.40M | 4.36M | -911.00K | 884.00K | 260.00K | -8.79M | -25.45M | 31.20M | -23.04M | 6.29M | 9.28M | 5.62M | 211.00K |
| Income Before Tax | 186.56M | 163.89M | 353.67M | 163.90M | 140.69M | 109.04M | 80.43M | 69.81M | 67.64M | 136.31M | 121.91M | 64.80M | 12.99M | 10.16M | -6.36M | -590.60M | -20.10M | -74.40M | 46.05M | 54.98M | 40.25M | 44.91M | 28.37M |
| Income Before Tax Ratio | 22.17% | 18.59% | 36.29% | 27.17% | 25.02% | 19.78% | 18.95% | 21.70% | 17.79% | 30.38% | 31.44% | 23.27% | 6.35% | 7.02% | -5.43% | -331.29% | -8.89% | -34.03% | 16.32% | 24.81% | 24.45% | 29.45% | 25.29% |
| Income Tax Expense | 45.09M | 57.26M | 90.84M | 43.94M | 35.18M | 32.96M | 40.49M | 21.04M | 36.97M | 39.35M | 44.78M | 27.03M | -132.43M | 513.00K | 121.00K | -61.51M | -5.95M | -26.80M | 19.34M | 20.34M | 16.10M | 18.19M | 12.68M |
| Net Income | 130.62M | 117.54M | 208.13M | 119.96M | 95.65M | 75.53M | 37.01M | 48.50M | 35.11M | 97.70M | 75.19M | 37.67M | 145.42M | 9.64M | -6.48M | -529.09M | -14.15M | -47.60M | 26.71M | 34.64M | 24.15M | 26.72M | 15.69M |
| Net Income Ratio | 15.52% | 13.33% | 21.35% | 19.89% | 17.01% | 13.70% | 8.72% | 15.07% | 9.23% | 21.78% | 19.39% | 13.53% | 71.06% | 6.67% | -5.53% | -296.78% | -6.26% | -21.77% | 9.47% | 15.64% | 14.67% | 17.52% | 13.98% |
| EPS | 18.02 | 15.90 | 27.13 | 15.74 | 13.74 | 8.86 | 4.09 | 6.34 | 3.99 | 10.75 | 9.18 | 4.87 | 17.98 | 0.87 | -1.12 | -91.66 | -2.45 | -8.21 | 0.61 | 0.76 | 0.44 | 0.50 | 0.50 |
| EPS Diluted | 17.71 | 15.50 | 26.01 | 15.04 | 11.74 | 8.86 | 3.96 | 6.20 | 3.92 | 10.51 | 8.92 | 4.66 | 16.34 | 0.81 | -1.12 | -91.66 | -2.45 | -8.21 | 0.55 | 0.68 | 0.44 | 0.50 | 0.40 |
| Weighted Avg Shares Out | 7.25M | 7.39M | 7.67M | 7.62M | 8.15M | 8.53M | 7.01M | 7.65M | 8.80M | 9.09M | 8.19M | 7.73M | 6.21M | 6.01M | 5.81M | 5.77M | 5.77M | 5.80M | 43.80M | 44.08M | 44.08M | 43.80M | 29.76M |
| Weighted Avg Shares Out (Dil) | 7.38M | 7.58M | 8.00M | 7.98M | 8.15M | 8.53M | 7.25M | 7.82M | 8.96M | 9.29M | 8.43M | 8.07M | 6.83M | 6.44M | 5.81M | 5.77M | 5.77M | 5.80M | 53.80M | 54.30M | 54.44M | 53.97M | 39.54M |
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