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Westwood Holdings Group Inc

WHG Financial Asset Management

Westwood Holdings Group Inc’s revenue for fiscal 2025 (year ended December 2025) was $97.8 million, up 3.21% from fiscal 2024. In the quarter to June 2026, revenue grew 9.62%, EPS grew 50.0% and free cash flow fell 58.5%, each against the same quarter a year earlier. Dividend growth for five consecutive years, revenue growth for three.

18.62 0.51 −2.67%
Market cap
$181.4M
P/E
20.0×
Fwd P/E
0.0×
Dividend yield
3.22%
F-score
6/9
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 sells 2.62
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell 2 4 — 6 — 8 6 8 — — — —
Insider Ownership 16.25%

Capital & Financial Ratios $m

Market Cap 181.44
Revenue 101.70
Net Income 7.88
Free Cash Flow 16.64
Net Debt (42.22)
Current Ratio 3.76
Debt/Equity 0.00
P/E ratio 20.02
Fwd P/E 0.00
P/S ratio 1.58
P/B ratio 1.26
Past 5Y EPS Growth —
This Y EPS Growth —
Next Y EPS Growth —
Next Y revenue growth (100.00%) (below 0%: weak)
Next 5Y EPS Growth —

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

Valuation vs history

P/E against its own 10 years 46.00%
10-year low 10-year high
P/S against its own 10 years 41.36%
10-year low 10-year high
P/B against its own 10 years 55.95%
10-year low 10-year high

Dividends

Payout Ratio 0.68
Annual Dividend Rate 0.60
Annual Dividend Yield 3.22%
total individual payouts
2026 0.45
0.15
0.15
0.15
2025 0.60
0.15
0.15
0.15
0.15
2024 0.60
0.15
0.15
0.15
0.15
2023 0.60
0.15
0.15
0.15
0.15
2022 0.60
0.15
0.15
0.15
0.15
2021 0.45
0.10
0.10
2.50
0.10
0.15
2020 0.43
0.43
2019 2.88
0.72
0.72
0.72
0.72
2018 2.76
0.68
0.68
0.68
0.72
2017 2.54
0.62
0.62
0.62
0.68
2016 2.33
0.57
0.57
0.57
0.62
special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 53 47 48 42
Receivables 15 15 17 16
Inventory — — — —
Other — — — —
69 61 64 58
2023 2024 2025 Q'26
Payables 12 13 16 11
ST’ Debt — — — —
Other 10 5 — —
33 23 36 16

Compound Annual Growth %

10y 5y 3y
Sales (2.88%) 8.47% 12.49%
Cash Flow (10.15%) 0.00% (28.37%)
Earnings (12.59%) 0.00% 0.00%
Book Value (0.55%) (0.62%) 4.63%

Revenue $m

Mar Jun Sep Dec Year
’26 25 25 — — —
’25 23 23 24 27 98
’24 23 23 24 26 95
’23 23 22 22 23 90
’22 17 16 15 20 69
’21 18 17 18 19 73
’20 17 16 15 17 65
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (3) 6 — — —
’25 (5) 7 9 8 19
’24 8 4 1 9 21
’23 (3) (1) (2) 4 (1)
’22 9 3 3 36 51
’21 (7) 6 22 (2) 19
’20 12 10 (29) (3) (10)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (3) 3 — — —
’25 (5) 7 8 8 18
’24 8 4 1 8 20
’23 (3) (1) (2) 4 (1)
’22 9 3 3 36 51
’21 (7) 6 22 (2) 20
’20 12 10 (29) (3) (10)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.09 0.17 — — —
’25 0.05 0.12 0.41 0.21 0.79
’24 0.27 (0.27) 0.01 0.24 0.26
’23 0.09 0.36 0.41 0.32 1.17
’22 0.01 (0.05) (0.15) (0.40) (0.59)
’21 0.52 0.12 0.24 0.36 1.23
’20 0.13 (0.33) (1.31) 0.36 (1.12)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 41.40 51.41 32.19 26.55 9.42 11.36 9.55 8.91 11.00 14.00

Analyst estimates 2026–2028

Powerpack
High 63.99 71.00 70.71 39.84 30.04 27.01 20.00 14.20 18.03 18.99
People
People Employees 174 181 182 165 136 130 152 145 151 148
Revenue/emp, $m 0.71 0.74 0.67 0.51 0.48 0.56 0.45 0.62 0.63 0.66
Income, $m
Income, $m Revenue 123 134 122 84 65 73 69 90 95 98
Gross margin, % 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
EBT 34 34 36 9 (8) 14 (5) 13 4 10
EBT margin, % 27.65 25.33 29.81 11.18 (11.65) 19.17 (7.56) 14.97 4.24 9.90
Net income 23 20 27 6 (9) 10 (5) 11 2 7
Depreciation 3 3 3 3 3 2 3 5 5 4
Per share, $
Per share, $ Revenue 15.45 16.42 14.62 10.00 8.15 9.28 8.76 11.27 11.60 11.67
Earnings 2.84 2.45 3.20 0.70 (1.12) 1.24 (0.59) 1.20 0.27 0.84
Cash flow 5.95 5.89 3.76 3.83 (1.22) 2.46 6.56 (0.15) 2.59 2.26
Capex (0.23) (0.14) (0.12) (0.14) 0.00 0.04 (0.04) (0.02) (0.14) (0.06)
Free cash flow 5.72 5.75 3.65 3.69 (1.22) 2.50 6.52 (0.17) 2.45 2.20
Book value 18.35 19.19 19.26 17.64 16.36 14.97 14.11 15.37 14.99 15.13
Shares, m 8 8 8 8 8 8 8 8 8 8
Valuation, ×
Valuation, × P/E 21.40 26.79 10.63 42.31 0.00 13.66 0.00 10.68 53.74 20.49
P/S 3.95 4.00 2.33 2.96 1.78 1.83 1.34 1.13 1.25 1.47
P/B 3.33 3.42 1.76 1.68 0.89 1.13 0.83 0.83 0.97 1.14
EV/Sales 3.22 3.21 1.36 1.77 0.51 0.73 0.77 0.53 0.76 0.99
EV/FCF 8.68 9.16 5.45 4.72 (3.40) 2.70 1.03 (35.95) 3.42 5.25
Cash, $m
Cash, $m Operating cash flow 47 48 31 32 (10) 19 51 (1) 21 19
Capex (2) (1) (1) (1) 0 0 0 0 (1) (1)
Free cash flow 46 47 30 31 (10) 20 51 (1) 20 18
Balance, $m
Balance, $m Working capital 86 107 113 96 85 78 41 36 38 29
Total debt — — 11 9 8 6 6 — — —
Net debt (90) (106) (118) (100) (83) (80) (39) (53) (47) (48)
Shareholders’ equity 146 156 161 148 131 118 111 122 122 127
Returns, %
Returns, % ROA 12.55 10.74 13.65 3.13 (5.46) 6.76 (3.24) 6.31 1.45 4.52
ROIC 38.02 41.68 52.33 6.02 (4.47) 9.89 (4.26) 5.43 0.68 3.93
ROE 16.17 13.22 16.85 3.82 (6.41) 7.85 (4.05) 8.17 1.81 5.67
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Westwood Holdings Group Inc vs peers in Asset Management (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
LIEN Chicago Atlantic BDC, Inc. $208.8M 6.6× 6.2× +6.81% (above 0%: growing) −28.95% (below 0%: shrinking) +1,591.22% (above 0%: growing) 100.00% 61.95% Compare
PNNT PennantPark Investment Corporation $206.3M 19.6× 10.4× −16.21% (below 0%: shrinking) −41.67% (below 0%: shrinking) −2.70% (below 0%: shrinking) 78.27% 72.21% Compare
SCM Stellus Capital Investment Corporation $205.6M 6.9× 9.7× −13.21% (below 0%: shrinking) +55.56% (above 0%: growing) +41.00% (above 0%: growing) 100.00% 72.26% Compare
TPVG TriplePoint Venture Growth BDC Corp. $183.2M 4.5× 6.2× −4.86% (below 0%: shrinking) −21.21% (below 0%: shrinking) +232.34% (above 0%: growing) 100.00% 75.98% Compare
WHG Westwood Holdings Group Inc $181.4M 20.0× — (loss-making) +9.62% (above 0%: growing) +50.00% (above 0%: growing) −58.51% (below 0%: shrinking) 100.00% 8.14%
NSLR Neostellar Capital Corp. $181.1M 1.3× 2.9× +79.14% (above 0%: growing) n/m −171.41% (below 0%: shrinking) 100.00% (7,413.51%) Compare
WHF WhiteHorse Finance, Inc. $164.5M 9.6× 8.9× −23.72% (below 0%: shrinking) +380.00% (above 0%: growing) −159.82% (below 0%: shrinking) 100.00% 66.34% Compare
SPMC Sound Point Meridian Capital, Inc. $147.8M — (loss-making) — — +76.60% (above 0%: growing) — — — Compare
HSDT Solana Company $142.7M — (loss-making) — (loss-making) +5,774.42% (above 0%: growing) n/m −331.34% (below 0%: shrinking) 96.95% (1,293.47%) Compare
Median of peers $182.1M 6.7× 7.6× −4.86% +17.17% −2.70% 100.00% 66.34%

All 120 Asset Management stocks →

Westwood Holdings Group Inc (WHG) key facts

  • Strength: Westwood Holdings Group Inc’s revenue for fiscal 2025 (year ended December 2025) was $97.8 million, up 3.21% from fiscal 2024.
  • Westwood Holdings Group Inc (WHG) is an Asset Management company in the Financial sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, WHG traded at $18.62, a market capitalization of $181.4 million.
  • Westwood Holdings Group Inc pays an annual dividend of $0.60 per share, a yield of 3.22%, with a payout ratio of 68.2%.
  • Return on equity was 5.67% and debt-to-equity 0.00.
  • Its Piotroski F-score is 6 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Westwood Holdings Group Inc (WHG) Latest News

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stockrow.com/WHG · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com