Saturday 17 October 2026 Export VRTS’s income statement to Excel — free account

Virtus Investment Partners, Inc.

Virtus Investment Partners, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $852.9 million, down 5.96% from fiscal 2024. In the quarter to June 2026, revenue fell 4.35%, EPS grew 9.87%, free cash flow fell 24.4% and total debt rose 81.0%, each against the same quarter a year earlier. Dividend growth for ten consecutive years; insiders bought in the last twelve months.

122.04 0.86 −0.70%

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Market cap: $813.9M
P/E: 6.8×
Fwd P/E: 0.0×
Dividend yield: 9.87%
F-score: 4/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.52

Total sells 4.26

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	1	—	—	—	—	—	—	—
Sell	—	1	—	1	—	—	—	1	—	1	1	—

Insider Ownership 7.05%

Capital & Financial Ratios $m

Market Cap 813.93

Revenue 825.31

Net Income 115.95

Free Cash Flow (51.89)

Net Debt (2,596.63)

Current Ratio 10.54

Debt/Equity 0.44

P/E ratio 6.84

Fwd P/E 0.00

P/S ratio 0.99

P/B ratio 0.86

Past 5Y EPS Growth 14.79%

This Y EPS Growth (9.81%)

Next Y EPS Growth 1.29%

Next Y revenue growth (14.37%)

Next 5Y EPS Growth (1.57%)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 2.40%

10-year low 10-year high

P/S against its own 10 years 0.88%

10-year low 10-year high

P/B against its own 10 years 0.52%

10-year low 10-year high

Dividends

Payout Ratio 0.69

Annual Dividend Rate 12.05

Annual Dividend Yield 9.87%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	9.65	2.40 2.40 2.40 2.45
2025	9.15	2.25 2.25 2.25 2.40
2024	7.95	1.90 1.90 1.90 2.25
2023	6.85	1.65 1.65 1.65 1.90
2022	6.15	1.50 1.50 1.50 1.65
2021	3.96	0.82 0.82 0.82 1.50
2020	2.83	0.67 0.67 0.67 0.82
2019	2.32	0.55 0.55 0.55 0.67
2018	1.90	0.45 0.45 0.45 0.55
2017	1.80	0.45 0.45 0.45 0.45
2016	1.80	0.45 0.45 0.45 0.45

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	2,556	2,965	3,310	3,015
Receivables	109	117	103	102
Inventory	—	—	—	—
Other	43	174	—	25
	2,709	3,082	3,412	3,141

	2023	2024	2025	Q'26
Payables	56	49	55	52
ST’ Debt	—	—	—	—
Other	—	—	—	152
	257	274	252	298

Compound Annual Growth %

	10y	5y	3y
Sales	8.36%	7.15%	(1.28%)
Cash Flow	0.00%	0.00%	0.00%
Earnings	14.70%	11.60%	5.60%
Book Value	6.26%	5.33%	4.34%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	200	201	—	—	—
’25	218	211	216	208	853
’24	222	224	227	233	907
’23	198	214	219	215	845
’22	252	225	210	198	886
’21	217	244	252	266	979
’20	145	133	155	172	604

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	36	57	—	—	—
’25	(4)	76	108	(247)	(67)
’24	(35)	70	69	(103)	2
’23	(43)	145	128	7	237
’22	(82)	119	117	(22)	133
’21	150	89	184	242	666
’20	(252)	(197)	69	154	(226)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	34	56	—	—	—
’25	(7)	74	107	(248)	(74)
’24	(36)	69	69	(105)	(4)
’23	(44)	144	124	5	228
’22	(84)	118	116	(23)	126
’21	148	87	184	241	660
’20	(253)	(198)	69	154	(227)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	1.05	6.68	—	—	—
’25	4.05	6.12	4.65	5.17	19.97
’24	4.10	2.43	5.71	4.66	16.89
’23	5.21	4.10	4.19	4.21	17.71
’22	4.22	2.29	4.25	4.77	15.50
’21	4.54	7.86	7.36	6.29	26.01
’20	(0.58)	1.43	3.71	5.40	10.02

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	66.12	97.60	70.00	70.00	55.37	200.94	141.80	165.00	190.42	142.18	Analyst estimates 2026–2028 Powerpack
	High	128.10	126.60	138.03	126.55	218.50	338.80	302.90	248.23	263.39	223.96
People
People	Employees	406	543	577	578	581	668	772	824	805	801
	Revenue/emp, $m	0.79	0.78	0.96	0.97	1.04	1.47	1.15	1.03	1.13	1.06
Income, $m
Income, $m	Revenue	323	426	552	563	604	979	886	845	907	853
	Gross margin, %	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00
	EBT	70	80	109	141	164	354	164	187	208	187
	EBT margin, %	21.64	18.90	19.75	24.98	27.14	36.12	18.49	22.07	22.92	21.96
	Net income	49	40	76	106	120	263	107	141	152	136
	Depreciation	12	26	37	43	50	60	74	72	74	67
Per share, $
Per share, $	Revenue	42.17	60.69	76.98	80.89	79.25	127.64	119.93	116.60	128.06	124.89
	Earnings	6.34	4.09	9.37	12.54	10.49	27.13	15.90	18.02	17.19	20.27
	Cash flow	2.74	(26.07)	(8.72)	(5.27)	(29.67)	86.77	17.95	32.72	0.25	(9.84)
	Capex	(0.26)	(0.22)	(1.63)	(1.08)	(0.14)	(0.76)	(0.89)	(1.22)	(0.79)	(1.01)
	Free cash flow	2.47	(26.29)	(10.35)	(6.36)	(29.81)	86.01	17.06	31.50	(0.54)	(10.85)
	Book value	42.06	86.30	89.75	98.56	94.61	109.05	111.34	119.78	127.31	136.89
	Shares, m	8	7	7	7	8	8	7	7	7	7
Valuation, ×
Valuation, ×	P/E	18.85	27.81	8.50	9.71	20.85	10.94	12.19	13.07	12.82	8.04
	P/S	2.88	1.89	1.03	1.50	2.74	2.33	1.62	2.02	1.72	1.31
	P/B	2.89	1.63	1.07	1.47	2.29	2.72	1.74	1.97	1.73	1.19
	EV/Sales	0.90	(1.50)	(1.70)	(2.31)	(1.10)	0.01	(1.05)	(0.40)	(1.01)	(1.77)
	EV/FCF	15.28	3.46	12.65	29.36	2.93	0.02	(7.41)	(1.50)	239.89	20.41
Cash, $m
Cash, $m	Operating cash flow	21	(183)	(63)	(37)	(226)	666	133	237	2	(67)
	Capex	(2)	(2)	(12)	(8)	(1)	(6)	(7)	(9)	(6)	(7)
	Free cash flow	19	(184)	(74)	(44)	(227)	660	126	228	(4)	(74)
Balance, $m
Balance, $m	Working capital	695	1,883	1,707	2,399	2,464	2,486	2,538	2,452	2,808	3,160
	Total debt	30	248	655	288	418	568	569	253	232	390
	Net debt	(641)	(1,692)	(1,429)	(2,147)	(2,320)	(2,267)	(2,311)	(2,303)	(2,732)	(2,920)
	Shareholders’ equity	322	605	644	686	721	837	823	868	902	935
Returns, %
Returns, %	ROA	5.76	1.68	2.46	2.87	2.40	5.62	2.98	3.42	3.17	3.34
	ROIC	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	ROE	11.67	7.03	13.08	15.75	12.34	26.73	14.17	15.45	13.76	15.07

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
RPC Ridgepost Capital, Inc.	$906.2M	31.8×	35.2×	+11.29% (above 0%: growing)	+133.33% (above 0%: growing)	+108.29% (above 0%: growing)	100.00%	21.90%	Compare
BBDC BARINGS BDC, INC.	$900.5M	10.2×	9.2×	−12.36% (below 0%: shrinking)	−10.00% (below 0%: shrinking)	+129.93% (above 0%: growing)	100.00%	77.28%	Compare
PSEC Prospect Capital Corporation	$870.1M	32.0×	6.4×	−6.70% (below 0%: shrinking)	n/m	−475.83% (below 0%: shrinking)	74.95%	70.34%	Compare
KBDC Kayne Anderson BDC, Inc.	$834.1M	11.4×	9.9×	−2.78% (below 0%: shrinking)	−54.29% (below 0%: shrinking)	−2,950.25% (below 0%: shrinking)	86.61%	84.68%	Compare
VRTS Virtus Investment Partners, Inc.	$813.9M	6.8×	— (loss-making)	−4.35% (below 0%: shrinking)	+9.87% (above 0%: growing)	−24.42% (below 0%: shrinking)	100.00%	13.57%
FDUS Fidus Investment Corporation	$773.1M	9.1×	9.1×	+8.84% (above 0%: growing)	−26.39% (below 0%: shrinking)	−204.97% (below 0%: shrinking)	100.00%	68.28%	Compare
CGBD Carlyle Secured Lending, Inc.	$733.5M	20.4×	11.1×	−7.72% (below 0%: shrinking)	n/m	+131.88% (above 0%: growing)	100.00%	74.03%	Compare
BUR Burford Capital Limited	$722.5M	— (loss-making)	— (loss-making)	−42.14% (below 0%: shrinking)	−97.50% (below 0%: shrinking)	+161.57% (above 0%: growing)	100.00%	57.14%	Compare
VINP Vinci Compass Investments Ltd.	$717.4M	15.2×	8.7×	+30.12% (above 0%: growing)	−26.32% (below 0%: shrinking)	+17.98% (above 0%: growing)	100.00%	27.59%	Compare
Median of peers	$803.6M	15.2×	9.2×	−4.74%	−26.35%	+63.14%	100.00%	69.31%

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