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VRTSVirtus Investment Partners, Inc.
$141.60$948M
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VRTS logoVirtus Investment Partners, Inc.(VRTS)Earnings, Financials & Key Ratios

VRTS•NASDAQ•Banking & Credit
7.1× P/E·Price updated Jun 19, 2026
SectorFinancial ServicesIndustryAsset ManagementSub-IndustryTraditional active asset managers
AboutVirtus 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.Show more
  • Net Interest Income$37M+10.3%
  • Total Revenue$831M-8.0%
  • Net Income$138M+13.7%
  • Return on Equity13.52%+10.1%
  • Net Interest Margin0.87%+2.6%
  • Efficiency Ratio57.44%+80.2%
  • ROA3.34%+5.3%
  • Equity / Assets24.18%-4.3%
  • Book Value per Share149.77+7.0%

VRTS Key Insights

Virtus Investment Partners, Inc. (VRTS) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Well capitalized: 24.2% equity/assets
  • ✓Share count reduced 3.9% through buybacks
  • ✓Diversified revenue: 76.0% from non-interest income
  • ✓Trading at only 0.9x book value

✗Weaknesses

  • ✗High debt to equity ratio of 2.7x
  • ✗Weak NIM of 0.9%
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

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VRTS Price & Volume

Virtus Investment Partners, Inc. (VRTS) stock price & volume — 10-year historical chart

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VRTS Growth Metrics

Virtus Investment Partners, Inc. (VRTS) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years8.13%
5 Years6.61%
3 Years-1.97%
TTM-

Profit CAGR

10 Years14.7%
5 Years11.6%
3 Years5.6%
TTM13.68%

EPS CAGR

10 Years17.68%
5 Years14.79%
3 Years8.81%
TTM18.17%

Return on Capital

10 Years5.27%
5 Years5.48%
3 Years4.28%
Last Year3.66%

VRTS Recent Earnings

Virtus Investment Partners, Inc. (VRTS) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 5/12 qtrs (42%)●Beat Revenue 12/12 qtrs (100%)
Q2 2026Latest
May 1, 2026
Metric
Actual
Est
EPS
$5.38-3.2%
$5.56
Rev
$200M+11.2%
$179M
Q1 2026
Feb 6, 2026
Metric
Actual
Est
EPS
$6.50-1.2%
$6.58
Rev
$208M+7.1%
$194M
Q4 2025
Oct 24, 2025
Metric
Actual
Est
EPS
$6.69-0.3%
$6.71
Rev
$215M+10.3%
$195M
Q3 2025
Jul 25, 2025
Metric
Actual
Est
EPS
$6.25+0.6%
$6.21
Rev
$211M+4.6%
$201M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 1, 2026
$5.38vs $5.56-3.2%
$200Mvs $179M+11.2%
Q1 2026Feb 6, 2026
$6.50vs $6.58-1.2%
$208Mvs $194M+7.1%
Q4 2025Oct 24, 2025
$6.69vs $6.71-0.3%
$215Mvs $195M+10.3%
Q3 2025Jul 25, 2025
$6.25vs $6.21+0.6%
$211Mvs $201M+4.6%
Based on last 12 quarters of dataView full earnings history →

VRTS Peer Comparison

Virtus Investment Partners, Inc. (VRTS) competitors in Traditional active asset managers — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
Institutional Holdings
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
VCTR logoVCTRVictory Capital Holdings, Inc.Direct Competitor5.57B87.0121.3346.19%25.78%15.76%0.40
CNNE logoCNNECannae Holdings, Inc.Direct Competitor716.87M13.68-1.51-6.39%-103.77%-38.83%0.33
DHIL logoDHILDiamond Hill Investment Group, Inc.Direct Competitor473.29M174.999.774.48%30.89%27.03%36.26
GROW logoGROWU.S. Global Investors, Inc.Direct Competitor39.31M3.10-124-23.05%29.15%6.96%0.00
HNNA logoHNNAHennessy Advisors, Inc.Direct Competitor80.84M10.238.0619.87%25.4%8.53%0.41
AMG logoAMGAffiliated Managers Group, Inc.Product Competitor9.42B352.9015.5219.83%30.92%16.01%0.61
BEN logoBENFranklin Resources, Inc.Product Competitor17.17B33.0536.323.45%8.99%5.64%0.94
IVZ logoIVZInvesco Ltd.Product Competitor12.5B28.14-17.585.11%-3.69%-1.74%0.78

Compare VRTS vs Peers

Virtus Investment Partners, Inc. (VRTS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs VCTR

Most directly comparable listed peer for VRTS.

Scale Benchmark

vs BLK

Larger-name benchmark to compare VRTS against a more recognizable public peer.

Peer Set

Compare Top 5

vs VCTR, CNNE, DHIL, GROW

VRTS Income Statement

Virtus Investment Partners, Inc. (VRTS) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Net Interest Income
4.23M19.12M7.72M13.68M21.81M18.37M31.4M33.9M37.38M
NII Growth %
-58.39%351.74%-59.62%77.21%59.35%-15.78%70.96%7.95%10.27%
Net Interest Margin %
0.16%0.67%0.24%0.39%0.55%0.46%0.85%0.85%0.87%
Interest Income
51.48M103.36M119.2M111.02M91.44M111.77M210.16M217.22M199.75M
Interest Expense
47.25M84.23M111.48M97.33M69.64M93.41M178.77M183.32M162.38M
Loan Loss Provision
144.14M154.27M129.04M169.97M288.59M277.85M225.98M249.26M46.21M
Non-Interest Income
372.91M448M443.06M492.21M883.23M769.95M631.32M685.6M630.83M
Non-Interest Income %
87.87%81.25%78.8%81.6%90.62%87.32%75.02%75.94%75.95%
Total Revenue
424.39M▲ 0%
551.35M▲ 29.9%
562.26M▲ 2.0%
603.23M▲ 7.3%
974.67M▲ 61.6%
881.72M▼ 9.5%
841.49M▼ 4.6%
902.82M▲ 7.3%
830.59M▼ 8.0%
Revenue Growth %
31.91%29.92%1.98%7.29%61.58%-9.54%-4.56%7.29%-8%
Non-Interest Expense
174.96M199.75M197.03M191.61M290.95M313M285.26M287.74M477.12M
Efficiency Ratio
41.23%36.23%35.04%31.76%29.85%35.5%33.9%31.87%57.44%
Operating Income
58.03M▲ 0%
113.1M▲ 94.9%
124.71M▲ 10.3%
144.32M▲ 15.7%
325.49M▲ 125.5%
197.46M▼ 39.3%
151.48M▼ 23.3%
182.49M▲ 20.5%
144.88M▼ 20.6%
Operating Margin %
13.67%20.51%22.18%23.92%33.39%22.39%18%20.21%17.44%
Operating Income Growth %
14.21%94.88%10.27%15.72%125.53%-39.33%-23.28%20.47%-20.61%
Pretax Income
80.43M▲ 0%
109.04M▲ 35.6%
140.69M▲ 29.0%
163.9M▲ 16.5%
353.67M▲ 115.8%
163.89M▼ 53.7%
186.56M▲ 13.8%
207.88M▲ 11.4%
187.25M▼ 9.9%
Pretax Margin %
18.95%19.78%25.02%27.17%36.29%18.59%22.17%23.03%22.54%
Income Tax
40.49M32.96M35.18M43.94M90.83M57.26M45.09M55.42M51.26M
Effective Tax Rate %
50.34%30.23%25%26.81%25.68%34.94%24.17%26.66%27.38%
Net Income
37.01M▲ 0%
75.53M▲ 104.1%
95.65M▲ 26.6%
79.96M▼ 16.4%
208.13M▲ 160.3%
117.54M▼ 43.5%
130.62M▲ 11.1%
121.75M▼ 6.8%
138.4M▲ 13.7%
Net Margin %
8.72%13.7%17.01%13.25%21.35%13.33%15.52%13.49%16.66%
Net Income Growth %
-23.69%104.07%26.64%-16.41%160.3%-43.53%11.13%-6.79%13.68%
Net Income (Continuing)
39.94M76.08M105.51M119.96M262.83M106.63M141.48M152.45M135.99M
EPS (Diluted)
3.96▲ 0%
8.86▲ 123.7%
11.74▲ 32.5%
10.02▼ 14.7%
26.01▲ 159.6%
15.50▼ 40.4%
17.71▲ 14.3%
16.89▼ 4.6%
19.97▲ 18.2%
EPS Growth %
-36.13%123.74%32.51%-14.65%159.58%-40.41%14.26%-4.63%18.24%
EPS (Basic)
4.098.8613.7410.4927.1315.9018.0217.1920.27
Diluted Shares Outstanding
7.25M8.53M8.15M7.98M8M7.58M7.38M7.21M6.93M

VRTS Balance Sheet

Virtus Investment Partners, Inc. (VRTS) balance sheet — assets, liabilities & shareholders' equity

MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash & Short Term Investments
233.47M253.72M321.47M333.49M585.54M588.53M340.33M399.58M477.17M
Cash & Due from Banks
233.47M253.72M321.47M333.49M585.54M588.53M340.33M399.58M477.17M
Short Term Investments
000000000
Total Investments
1.71B1.83B2.11B2.4B2.24B2.28B2.2B2.37B2.77B
Investments Growth %
193.33%7.2%15.54%13.48%-6.77%1.99%-3.4%7.81%16.67%
Long-Term Investments
1.71B1.83B2.11B2.4B2.24B2.28B2.2B2.37B2.77B
Accounts Receivables
65.65M70.05M74.13M84.5M123.87M99.27M109.08M117.21M102.73M
Goodwill & Intangibles
472.11M629.18M600.76M570.63M838.98M791.36M829.22M775.33M724.51M
Goodwill
170.15M290.37M290.37M290.37M338.41M348.84M397.1M397.1M397.1M
Intangible Assets
301.95M338.81M310.39M280.26M500.57M442.52M432.12M378.23M327.41M
PP&E (Net)
10.83M20.15M18.15M14.49M12.54M19.12M89.44M127.17M97.06M
Other Assets
69.26M45.26M60.46M49.72M117.63M150.54M82.13M176.5M99.4M
Total Current Assets
299.93M324.7M396.07M424.35M710.02M688.45M450.09M517.52M580.92M
Total Non-Current Assets
2.29B2.55B2.81B3.04B3.22B3.26B3.23B3.48B3.71B
Total Assets
2.59B▲ 0%
2.87B▲ 10.8%
3.2B▲ 11.6%
3.47B▲ 8.2%
3.93B▲ 13.5%
3.95B▲ 0.5%
3.68B▼ 6.9%
3.99B▲ 8.6%
4.29B▲ 7.4%
Asset Growth %
214.27%10.8%11.64%8.19%13.48%0.48%-6.94%8.59%7.43%
Return on Assets (ROA)
2.17%2.77%3.15%2.4%5.62%2.98%3.42%3.17%3.34%
Accounts Payable
29.61M27.93M23.31M25.36M48.5M33.2M56.05M49.49M54.52M
Total Debt
1.71B1.95B2.11B2.39B2.3B2.34B2.25B2.47B2.84B
Net Debt
1.47B1.7B1.79B2.06B1.71B1.75B1.91B2.07B2.37B
Long-Term Debt
1.71B1.62B1.83B2.39B2.3B2.34B2.18B2.4B2.75B
Short-Term Debt
0329.18M277.84M000000
Other Liabilities
126.55M20.01M40.51M158.63M410.24M398.03M305.1M303.94M257.67M
Total Current Liabilities
149.09M528.92M579.49M80.2M248.39M279.91M146.57M207.53M152.74M
Total Non-Current Liabilities
1.83B1.64B1.88B2.55B2.71B2.74B2.56B2.78B3.1B
Total Liabilities
1.98B2.17B2.45B2.63B2.96B3.02B2.71B2.99B3.25B
Total Equity
609.4M▲ 0%
701.35M▲ 15.1%
750.1M▲ 7.0%
836.45M▲ 11.5%
975.59M▲ 16.6%
936.65M▼ 4.0%
973.16M▲ 3.9%
1.01B▲ 3.7%
1.04B▲ 2.9%
Equity Growth %
69.78%15.09%6.95%11.51%16.63%-3.99%3.9%3.67%2.86%
Equity / Assets (Capital Ratio)
23.52%24.43%23.41%24.13%24.8%23.7%26.45%25.26%24.18%
Return on Equity (ROE)
7.64%11.52%13.18%10.08%22.97%12.29%13.68%12.28%13.52%
Book Value per Share
84.0982.2592.05104.87121.90123.54131.95139.93149.77
Tangible BV per Share
18.958.4618.3333.3317.0719.1619.5232.4045.21
Common Stock
105K106K107K118K119K120K122K122K123K
Additional Paid-in Capital
1.22B1.21B1.2B1.3B1.28B1.29B1.3B1.32B1.34B
Retained Earnings
-386.22M-310.87M-215.22M-135.26M60.96M130.26M207.36M268.22M340.9M
Accumulated OCI
-600K-731K9K29K20K-358K-87K-364K462K
Treasury Stock
-351.75M-379.25M-419.25M-451.75M-509.25M-599.25M-644.46M-689.59M-749.59M
Preferred Stock
110.84M110.84M110.84M023K0000

VRTS Cash Flow Statement

Virtus Investment Partners, Inc. (VRTS) cash flow — operating, investing & free cash flow history

MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash from Operations
-182.69M-62.55M-36.72M-226.1M665.73M132.67M237.16M1.75M-67.2M
Operating CF Growth %
-698.56%65.76%41.29%-515.7%394.44%-80.07%78.76%-99.26%-3929%
Net Income
39.94M76.08M105.51M61.81M262.83M106.63M141.48M152.45M135.99M
Depreciation & Amortization
18.33M33.43M39.64M38.85M50.77M64.22M68.44M69M63.62M
Deferred Taxes
22.84M10.43M5.98M0-9.66M-1.96M1.39M7.12M8.4M
Other Non-Cash Items
-294.8M-205.67M-205.71M-338.55M293.85M-57.24M-13.33M-243.26M-300.24M
Working Capital Changes
10.67M80K-4.37M-9.7M41.72M-3.02M12.35M-16.41M1.07M
Cash from Investing
-416.99M-121.23M4.45M8.68M-175.03M-27.47M-129.73M-16.95M-47.34M
Purchase of Investments
-21.43M-20.19M-1.02B0-1.17B-948.34M00-1.49B
Sale/Maturity of Investments
615.57M37.78M2.02M01.45B820.5M001.13B
Net Investment Activity
594.13M17.6M-1.01B0285.98M-127.84M00-357.15M
Acquisitions
-393.45M-127M1.02B0-155.64M-20.58M-120.64M00
Other Investing
-616.17M-113K9.98M9.72M-299.53M127.53M-267K-11.37M309.81M
Cash from Financing
750.46M204.16M99.56M235.33M-244.4M-102.06M-356.11M74.95M191.03M
Dividends Paid
-18.83M-22.38M-25.32M-24.88M-31.41M-47.25M-52.05M-58.12M-64.6M
Share Repurchases
-7.5M-27.5M-40M-32.5M-57.5M-90M-45M-44.87M-60M
Stock Issued
109.49M00000000
Net Stock Activity
101.98M-27.5M-40M-32.5M-57.5M-90M-45M-44.87M-60M
Debt Issuance (Net)
1000K1000K1000K1000K-1000K1000K-1000K1000K1000K
Other Financing
-40.58M-15.09M816K-13.71M-29.75M-66.48M-55.66M-32.11M-45.49M
Net Change in Cash
150.78M▲ 0%
20.37M▼ 86.5%
67.28M▲ 230.2%
17.91M▼ 73.4%
246.3M▲ 1275.2%
3.03M▼ 98.8%
-248.16M▼ 8279.5%
59.3M▲ 123.9%
77.88M▲ 31.3%
Exchange Rate Effect
00000-112K523K-456K1.39M
Cash at Beginning
82.69M234.28M254.66M321.94M339.85M586.14M589.18M341.01M400.31M
Cash at End
233.47M254.66M321.94M339.85M586.14M589.18M341.01M400.31M478.19M
Interest Paid
8.15M11.85M18.07M8.86M6.48M11.13M22.31M20.26M19.07M
Income Taxes Paid
12.15M23.8M29.06M35.39M95.41M74.31M31.16M56.38M46.04M
Free Cash Flow
-184.2M▲ 0%
-74.27M▲ 59.7%
-44.28M▲ 40.4%
-227.15M▼ 413.0%
659.89M▲ 390.5%
126.09M▼ 80.9%
228.34M▲ 81.1%
-3.82M▼ 101.7%
-74.09M▼ 1837.5%
FCF Growth %
-746.35%59.68%40.38%-413%390.51%-80.89%81.09%-101.67%-1837.47%

VRTS Banking Ratios

Virtus Investment Partners, Inc. (VRTS) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)
10.29%7.64%11.52%13.18%10.08%22.97%12.29%13.68%12.28%13.52%
Return on Assets (ROA)
5.76%2.17%2.77%3.15%2.4%5.62%2.98%3.42%3.17%3.34%
Net Interest Margin
1.23%0.16%0.67%0.24%0.39%0.55%0.46%0.85%0.85%0.87%
Efficiency Ratio
42.05%41.23%36.23%35.04%31.76%29.85%35.5%33.9%31.87%57.44%
Equity / Assets
43.54%23.52%24.43%23.41%24.13%24.8%23.7%26.45%25.26%24.18%
Book Value / Share
45.8984.0982.2592.05104.87121.9123.54131.95139.93149.77
NII Growth
-26.88%-58.39%351.74%-59.62%77.21%59.35%-15.78%70.96%7.95%10.27%
Dividend Payout
28.4%33.99%18.59%17.75%28.52%15.09%40.2%39.85%47.74%46.68%
Related:VRTS Dividend History·VRTS Revenue History·VRTS Price History·VRTS P/E History·VRTS Financial Ratios·VRTS Institutional Holders

VRTS SEC Filings & Documents

Virtus Investment Partners, Inc. (VRTS) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 17, 2026·SEC

Material company update

Mar 2, 2026·SEC

Material company update

Feb 6, 2026·SEC

10-K Annual Reports

5
FY 2026

Feb 27, 2026·SEC

FY 2025

Feb 28, 2025·SEC

FY 2024

Feb 28, 2024·SEC

10-Q Quarterly Reports

6
FY 2025

Nov 7, 2025·SEC

FY 2025

Aug 7, 2025·SEC

FY 2025

May 9, 2025·SEC

VRTS Frequently Asked Questions

Virtus Investment Partners, Inc. (VRTS) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Virtus Investment Partners, Inc. (VRTS) saw revenue decline by 8.0% over the past year.

Yes, Virtus Investment Partners, Inc. (VRTS) is profitable, generating $138.4M in net income for fiscal year 2025 (16.7% net margin).

Dividend & Returns

Yes, Virtus Investment Partners, Inc. (VRTS) pays a dividend with a yield of 6.58%. This makes it attractive for income-focused investors.

Virtus Investment Partners, Inc. (VRTS) has a return on equity (ROE) of 13.5%. This is reasonable for most industries.

Industry Metrics

Virtus Investment Partners, Inc. (VRTS) has a net interest margin (NIM) of 0.9%. NIM has been under pressure due to interest rate environment.

Virtus Investment Partners, Inc. (VRTS) has an efficiency ratio of 57.4%. This is reasonable for a bank.

What if you invested $1,000 in VRTS back in 1995?

Total return calculator · dividends reinvested · 31+ years of data

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How much would $100/month in VRTS be worth today?

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