MARKETS / NYSE / VRTS

NYSE · INVESTMENT ADVICE · LARGE CAP

Virtus Investment Partners, Inc. VRTS

17 fiscal years on record · USD · FY2025 reported · SEC filings only

8 YEARS OF DIVIDEND GROWTH

Revenue

$852.9M

▼ 6.0% YoY

Net income

$136.0M

▼ 10.8% YoY

Free cash flow

$-74.1M

In brief

What this company does

The company provides investment management and related services to institutions and individuals. As of December 31, 2025, it employed 801 employees and operated offices throughout the U.S., and in the U.K. and Singapore. Its assets under management are held in open-end funds, closed-end funds, retail separate accounts and institutional accounts. Its exchange-traded funds are offered in a range of actively managed and index-based investment capabilities across multiple asset classes. Its closed-end funds, each of which is traded on the New York Stock Exchange, are offered in a variety of asset classes. Its institutional clients include corporations, multi-employer retirement funds, public employee retirement systems, foundations and endowments. Virtus Investment Partners, Inc., a Delaware corporation, commenced operations on November 1, 1995 and became an independent publicly traded company on December 31, 2008.

Written from the business description in VIRTUS INVESTMENT PARTNERS, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 27 February 2026. Every sentence was checked against that document before publication.

Growth

USD 852.9M

Revenue, FY2025 · full 17-year series below

Revenue $M Net income $M

FY2025 · Revenue 852.9 · Net income 136.0

Compound annual growth

Revenue

−1.3%

+7.1%

+8.4%

+12.6%

Net income

+8.4%

+2.5%

EPS, diluted

+8.8%

+14.8%

Dividend / share

+13.9%

+25.6%

Returned to shareholders

−3.2%

+17.7%

+2.6%

+40.3%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +7.1% a year over five years — but profit grew slower: net income at +2.5%, earnings per share at +14.8%.

The share count fell from 0.01B to 0.01B — the buyback concentrates the same profit into fewer slices.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

16 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 19.8% · Net 15.9%

ROE

FY2021 · ROE 27.0%

Gross margin—

Operating margin19.8%

Net margin15.9%

Return on assets3.3%

EBITDAUSD 232.3M

Cash & shareholders

USD 124.6M

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2025 · FCF -74.1

Net buybacks $M Dividends $M

FY2025 · Dividends 64.6 · Net buybacks 60.0

Dividends paidUSD 64.6M

Net buybacksUSD 60.0M

Share of profit—

Consecutive raises8 years

USD 64.6M in dividends and USD 60.0M in buybacks went back to shareholders.

Total assetsUSD 4.3B

EquityUSD 934.0M

CashUSD 478.2M

Gross debtUSD 390.0M

Net debtUSD -88.2M

The company holds more cash than debt.

The 17-year record

17 fiscal years

Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue $B	0.9	0.9	0.8	0.9	1.0	0.6	0.6	0.6	0.4	0.3	0.4	0.5	0.4	0.3	0.2	0.1	0.1
Operating income $B	0.2	0.2	0.2	0.2	0.3	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.0	0.0	−0.0
EBITDA $B	0.2	0.3	0.2	0.3	0.4	0.2	0.2	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.0	0.0	−0.0
Income tax $B	0.1	0.1	0.0	0.1	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	−0.1	0.0	0.0
Net income $B	0.1	0.2	0.1	0.1	0.3	0.1	0.1	0.1	0.0	0.0	0.0	0.1	0.1	0.0	0.1	0.0	−0.0
Free cash flow $B	−0.1	−0.0	0.2	0.1	0.7	−0.2	−0.0	−0.1	−0.2	0.0	−0.2	−0.1	0.0	0.0	0.0	0.0	−0.0
EPS, diluted $	19.97	16.89	17.71	15.50	26.01	10.02	11.74	8.86	3.96	6.20	3.92	10.51	8.92	4.66	16.34	0.81	−1.76
Dividend / sh $	9.30	8.30	7.10	6.30	4.64	2.98	2.44	2.00	1.80	1.80	1.80	1.35	0.00	·	·	·	·
Payout %	·	·	·	·	15	29	18	19	34	28	46	8	0	·	·	·	·
ROE %	·	·	·	·	27.0	11.5	14.7	12.4	8.1	11.7	6.5	18.4	20.9	17.7	125.7	24.7	−21.8
Shares out B	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance

Company facts, as filed

How we verify · 0 failures in 53 reconciliationsAUDITED

Reconciled in 17 of 19 fiscal years. 23 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivityInvestment Advice

Listed onNYSE

Incorporated inDelaware

Fiscal year endsDecember 31

Data on record since2009