See more : Meridian Energy Limited (MEZ.AX) Income Statement Analysis – Financial Results
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.
You may be interested
- International Baler Corporation (IBAL) Income Statement Analysis – Financial Results
- Unique Logistics International, Inc. (UNQL) Income Statement Analysis – Financial Results
- Data Knights Acquisition Corp. (DKDCA) Income Statement Analysis – Financial Results
- HC2 Holdings, Inc. (HCHC) Income Statement Analysis – Financial Results
- Big Pharma Split Corp. (PRM.TO) Income Statement Analysis – Financial Results
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 |
Should You Buy Virtus Investment Partners (VRTS) Ahead of Earnings?
Virtus Investment Partners (VRTS) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Will Virtus (VRTS) Beat Estimates Again in Its Next Earnings Report?
Virtus (VRTS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Are You Looking for a High-Growth Dividend Stock?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Virtus Investment Partners (VRTS) have what it takes?
Virtus Investment Partners (VRTS) Earnings Expected to Grow: Should You Buy?
Virtus (VRTS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
After Plunging -10.64% in 4 Weeks, Here's Why the Trend Might Reverse for Virtus (VRTS)
The heavy selling pressure might have exhausted for Virtus (VRTS) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is...
Virtus Investment Partners to Announce First Quarter 2024 Results on Friday, April 26
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NYSE: VRTS), which operates a multi-boutique asset management business, today announced that it will release its financial results for the first quarter of 2024 before the market opens on Friday, April 26, 2024. George...
Virtus Investment Partners Reports Preliminary March 31, 2024 Assets Under Management
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NYSE: VRTS) today reported preliminary assets under management of $179.3 billion as of March 31, 2024. The increase from December 31, 2023 primarily reflects market performance and net inflows in retail separate accounts, partially...
All You Need to Know About Virtus (VRTS) Rating Upgrade to Buy
Virtus (VRTS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Why Virtus Investment Partners (VRTS) is a Great Dividend Stock Right Now
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Virtus Investment Partners (VRTS) have what it takes?
Why Virtus Investment Partners (VRTS) is a Top Dividend Stock for Your Portfolio
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Virtus Investment Partners (VRTS) have what it takes?
Source: https://incomestatements.info
Category: Stock Reports