See more : Chesapeake Energy Corporation (CHKEL) 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.
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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 |
Virtus Investment Partners (VRTS) Q4 Earnings Surpass Estimates
Virtus Investment Partners (VRTS) came out with quarterly earnings of $6.11 per share, beating the Zacks Consensus Estimate of $5.96 per share. This compares to earnings of $5.17 per share a year ago.
Virtus Investment Partners Announces Financial Results for Fourth Quarter 2023
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NYSE: VRTS) today reported financial results for the three months ended December 31, 2023. Financial Highlights (Unaudited) (in millions, except per share data or as noted) Three Months Ended ...
Virtus Investment Partners (VRTS) Earnings Expected to Grow: Should You Buy?
Virtus (VRTS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Virtus Investment Partners to Announce Fourth Quarter 2023 Results on Friday, February 2
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NYSE: VRTS), which operates a multi-manager asset management business, today announced that it will release its financial results for the fourth quarter of 2023 before the market opens on Friday, February 2, 2024. George...
Virtus Investment Partners Reports Preliminary December 31, 2023 Assets Under Management
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $172.3 billion as of December 31, 2023. The increase from September 30, 2023 primarily reflects market performance and net inflows in retail separate accounts, partially...
Virtus Investment Partners to Transfer Listing of Common Stock to New York Stock Exchange
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Investment Partners (NASDAQ: VRTS), which operates a multi-boutique asset management business, today announced that it is transferring the listing of its common stock to the New York Stock Exchange (NYSE) from the NASDAQ Global Select Market (NASDAQ)....
Virtus Investment's (VRTS) November AUM Up 6.2% Sequentially
Virtus Investment's (VRTS) preliminary AUM balance for November 2023 rises 6.2% on the back of favorable market returns.
Virtus Investment Partners Reports Preliminary November 30, 2023 Assets Under Management
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $165.5 billion as of November 30, 2023. In addition, the company provided services to $2.6 billion of other fee-earning assets, which are not included in...
Virtus Investment Partners Declares Quarterly Cash Dividend on Common Stock
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NASDAQ: VRTS), which operates a multi-boutique asset management business, today announced that its Board of Directors has declared a quarterly cash dividend of $1.90 per common share for the fourth quarter of 2023. The...
Virtus Introduces the Virtus Newfleet Short Duration Core Plus Bond ETF
NEW YORK--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NASDAQ: VRTS) has expanded its exchange-traded funds offerings with the introduction of Virtus Newfleet Short Duration Core Plus Bond ETF (NYSE: SDCP), the fourth Virtus ETF Solutions strategy managed by Newfleet Asset Management. The...
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Category: Stock Reports