Virtus Investment Partners, Inc. (VRTS)

VRTS Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	873.9	902.82	841.49	881.72	974.67	603.23
Other Revenue	4.44	4.13	3.78	4.66	4.56	0.67
Revenue	878.34	906.95	845.27	886.38	979.23	603.9
Revenue Growth (YoY)	-1.09%	7.30%	-4.64%	-9.48%	62.15%	7.22%
Cost of Revenue	503.04	528.81	501.54	483.87	499.27	344.31
Gross Profit	375.29	378.14	343.72	402.51	479.97	259.59
Selling, General & Admin	15.1	15.1	14.7	14	5.6	5.1
Amortization of Goodwill & Intangibles	51.72	56.3	61.03	58.5	44.48	30.13
Other Operating Expenses	120.92	119.41	115.4	116.59	88.1	75.38
Operating Expenses	196.34	199.77	196.93	193.01	142.08	115.27
Operating Income	178.96	178.37	146.8	209.5	337.89	144.32
Interest Expense	-161.98	-183.32	-178.77	-93.41	-69.64	-97.33
Interest & Investment Income	200.85	217.22	210.17	111.77	91.44	111.02
Earnings From Equity Investments	2.71	2.71	-0.2	0.19	4.4	1.96
Other Non Operating Income (Expenses)	0.3	-0.68	-0.24	-0.34	-0.17	-0.09
EBT Excluding Unusual Items	220.84	214.3	177.76	227.71	363.92	159.88
Merger & Restructuring Charges	-0.69	-1.49	-0.82	-4.01	-	-1.16
Gain (Loss) on Sale of Investments	-22.96	-10.55	4.12	-51.79	2.15	5.17
Other Unusual Items	1.32	5.61	5.51	-8.02	-12.4	-
Pretax Income	198.5	207.88	186.56	163.89	353.67	163.9
Income Tax Expense	56.91	55.42	45.09	57.26	90.84	43.94
Earnings From Continuing Operations	141.6	152.45	141.48	106.63	262.84	119.96
Minority Interest in Earnings	-5.36	-30.71	-10.86	10.91	-54.7	-40.01
Net Income	136.24	121.75	130.62	117.54	208.13	79.96
Net Income to Common	136.24	121.75	130.62	117.54	208.13	79.96
Net Income Growth	14.21%	-6.79%	11.13%	-43.53%	160.30%	-16.41%
Shares Outstanding (Basic)	7	7	7	7	8	8
Shares Outstanding (Diluted)	7	7	7	8	8	8
Shares Change (YoY)	-3.54%	-2.24%	-2.73%	-5.26%	0.34%	-2.12%
EPS (Basic)	19.76	17.19	18.02	15.90	27.13	10.49
EPS (Diluted)	19.47	16.89	17.71	15.50	26.01	10.02
EPS Growth	18.44%	-4.63%	14.26%	-40.41%	159.58%	-14.63%
Free Cash Flow	-	-3.82	228.34	126.09	659.89	-227.15
Free Cash Flow Per Share	-	-0.53	30.96	16.63	82.45	-28.48
Dividend Per Share	9.150	8.300	7.100	6.300	4.640	2.980
Dividend Growth	15.09%	16.90%	12.70%	35.78%	55.71%	22.13%
Gross Margin	42.73%	41.69%	40.66%	45.41%	49.01%	42.98%
Operating Margin	20.38%	19.67%	17.37%	23.64%	34.51%	23.90%
Profit Margin	15.51%	13.42%	15.45%	13.26%	21.25%	13.24%
Free Cash Flow Margin	-	-0.42%	27.01%	14.22%	67.39%	-37.61%
EBITDA	242.43	247.37	216.84	278.05	388.66	183.17
EBITDA Margin	27.60%	27.27%	25.65%	31.37%	39.69%	30.33%
D&A For EBITDA	63.48	69	70.05	68.56	50.77	38.85
EBIT	178.96	178.37	146.8	209.5	337.89	144.32
EBIT Margin	20.38%	19.67%	17.37%	23.64%	34.51%	23.90%
Effective Tax Rate	28.67%	26.66%	24.17%	34.94%	25.68%	26.81%
Revenue as Reported	878.34	906.95	845.27	886.38	979.23	603.9

Updated Oct 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q