Virtus Investment Partners, Inc. logo VRTS - Virtus Investment Partners, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 4
HOLD 5
SELL 2
STRONG
SELL
0
| PRICE TARGET: $135.67 DETAILS
HIGH: $170.00
LOW: $112.00
MEDIAN: $125.00
CONSENSUS: $135.67
DOWNSIDE: 6.05%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 1999 1998 1997 1996 1995
Revenue
Revenue 830.6 902.8 841.5 881.7 974.7 603.2 562.3 551.4 424.4 321.7 380.2 448.6 387.7 278.5 202.7 142.9 117.2 178.3 226.2 218.6 282.2 218.9 164.6 152.5 112.2
Cost of Revenue 208.6 432.6 404.7 371.3 358.2 267.3 240.5 238.5 191.4 135.6 137.1 139.8 131.8 105.6 92.5 65.2 87.1 124.4 0 0 0 0 0 0 0
Gross Profit 622 470.2 436.7 510.5 616.4 335.9 321.7 312.8 233.0 186.1 243.1 308.8 255.9 172.9 110.2 77.7 30.1 53.8 226.2 218.6 282.2 218.9 164.6 152.5 112.2
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 162.3 170.5 96.8 112.6 141.0 77.0 82.1 92.4 72.0 69.0 89.7 123.7 97.8 72.2 60.2 33.2 26.6 45.3 144.6 139 114.0 90.4 72.7 58.8 35.4
Other Expenses 314.8 117.2 188.5 200.4 149.9 114.6 114.9 107.3 103.0 66.2 73.0 54.4 44.6 40.3 36.1 35.2 10.1 590.3 76.3 123.5 99.0 79.8 60.9 54.4 48.6
Operating Expenses 477.1 287.7 285.3 313 291.0 191.6 197.0 199.8 175.0 135.3 162.7 178.1 142.4 112.5 96.3 68.4 36.7 635.6 220.9 262.5 213.1 170.2 133.6 113.2 84.0
Operating Income
Operating Income 144.9 182.5 151.5 197.5 325.5 144.3 124.7 113.1 58.0 50.8 80.4 130.7 113.5 60.4 13.9 9.3 (6.6) (581.8) 5.3 (105.6) 69.1 48.7 31.0 39.3 28.2
Interest Expense 162.4 183.3 178.8 93.4 69.6 97.3 111.5 84.2 47.2 12.0 1.0 0.5 0.8 0.9 0.8 1.0 1.8 2.6 26.7 (31.2) 19.1 14.5 5.6 1.6 2.3
Interest Income 199.8 217.2 210.2 111.8 91.4 111.0 119.2 103.4 51.5 22.1 14.9 9.0 3.2 1.3 0.3 0.7 0.6 0.9 1.6 0 3.3 2.0 2.4 2.0 1.5
Profitability
EBITDA 409.4 460.2 433.8 325.9 474.1 300.1 291.8 226.7 146.0 87.6 75.6 143.6 129.7 71.9 19.6 18.1 4.4 (561.7) 37.8 (70.9) 100.9 96.6 65.8 64.4 42.2
EBIT 349.6 391.2 365.3 257.3 423.3 261.2 252.2 193.3 127.7 81.8 68.7 136.9 122.7 65.7 13.8 11.1 (4.6) (588.0) 6.6 (105.6) 65.1 69.5 45.9 46.5 30.6
Income Before Tax 187.2 207.9 186.6 163.9 353.7 163.9 140.7 109.0 80.4 69.8 67.6 136.3 121.9 64.8 13.0 10.2 (6.4) (590.6) (20.1) (74.4) 46.1 55.0 40.2 44.9 28.4
Income Tax Expense 51.3 55.4 45.1 57.3 90.8 43.9 35.2 33.0 40.5 21.0 37.0 39.3 44.8 27.0 (132.4) 0.5 0.1 (61.5) (6.0) (26.8) 19.3 20.3 16.1 18.2 12.7
Net Income 138.4 121.7 130.6 117.5 208.1 80.0 95.6 75.5 37.0 48.5 35.1 97.7 75.2 37.7 145.4 9.6 (6.5) (529.1) (14.2) (47.6) 26.7 34.6 24.1 26.7 15.7
Per Share Data
EPS (Basic) 20.27 17.19 18.02 15.90 27.13 10.49 13.74 8.86 4.09 6.34 3.99 10.75 9.18 4.87 17.98 0.87 -1.12 -91.66 -2.45 -8.21 0.61 0.76 0.44 0.50 0.36
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 -1.12 -91.66 -2.45 -8.21 0.55 0.68 0.44 0.50 0.29
Shares Outstanding 6.8 7.1 7.2 7.4 7.7 7.6 8.1 8.5 7.0 7.6 8.8 9.1 8.2 7.7 6.2 6.0 5.8 5.8 5.8 5.8 43.8 44.1 44.1 43.8 43.8
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 1999 1998 1997 1996 1995
Current Assets
Cash & Cash Equivalents 477.2 399.6 340.3 588.5 585.5 333.5 321.5 253.7 233.5 82.7 28.6 51.1 42.2 29.3 21.9 22.5 16.3
Short-Term Investments 0 0 0 0 0 0 0 0 0 145.3 9.4 6.4 7.9 16.3 12 4.1 3.5
Net Receivables 102.7 117.2 109.1 99.3 123.9 84.5 74.1 70.0 65.6 35.9 19.4 18.1 45.7 35.0 31.5 25.7 32.0
Inventory 0 0 0 0 0 0 (0.0) 79.6 90.7 (71.5) 0 0 0 0 0 0 0
Other Current Assets 1.0 0.7 0.7 0.6 0.6 6.4 0.5 0.9 0.8 1.0 0 0 0 0 0 0 0
Total Current Assets 580.9 517.5 450.1 688.5 710.0 424.4 396.1 324.7 299.9 264.9 60.8 84.8 99.3 83.5 68.1 56.5 53.6
Non-Current Assets
Property, Plant & Equipment 97.1 127.2 89.4 19.1 12.5 14.5 18.1 20.2 10.8 7.7 8.2 5.9 12.5 8.6 10.1 8.4 8.3
Goodwill 397.1 397.1 397.1 348.8 338.4 290.4 290.4 290.4 170.2 6.8 4.8 4.8 353.7 300.3 308.5 171.7 163.5
Intangible Assets 327.4 378.2 432.1 442.5 500.6 280.3 310.4 338.8 302.0 38.4 54.8 61.0 202.9 146.4 159.7 55.1 67.1
Long-Term Investments 2,770.7 2,374.8 2,202.7 2,280.3 2,235.8 2,398.2 2,113.3 1,829.1 1,706.2 436.3 5.4 2.5 12.2 22.1 54.6 56.3 51.0
Other Non-Current Assets 99.4 176.5 82.1 150.5 117.6 49.7 60.5 45.3 69.3 22.7 8.2 5.9 1.2 2.8 4.0 17.7 13.1
Total Non-Current Assets 3,710.3 3,477.0 3,228.5 3,264.5 3,224.2 3,042.6 2,808.6 2,545.8 2,290.9 559.5 73.2 74.2 582.4 480.2 536.8 309.2 303
Total Assets 4,291.2 3,994.5 3,678.6 3,952.9 3,934.2 3,466.9 3,204.6 2,870.5 2,590.8 824.4 134.0 159.0 681.7 563.7 604.9 365.7 356.6
Current Liabilities
Account Payables 54.5 49.5 56.0 33.2 48.5 25.4 23.3 27.9 29.6 25.2 4.4 5.6 3.0 2.1 2.5 1.0 0
Short-Term Debt 0 0 0 0 0 0 277.8 329.2 0 30 0 4 1.0 1.0 8.1 2.5 0
Deferred Revenue 0 0 0 0 0 0 0 0 0 63.9 0 0 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0 0 101.4 93.3 0 (30) 14.7 0 0 0 0 0 0
Total Current Liabilities 152.7 207.5 146.6 279.9 248.4 80.2 579.5 528.9 149.1 123.2 28.7 51.7 64.9 53.2 46.1 28.2 32.7
Non-Current Liabilities
Long-Term Debt 2,749.8 2,404.1 2,175.7 2,338.3 2,300.0 2,391.7 1,834.5 1,620.3 1,705.8 328.8 21.2 17.2 315.9 222.9 194.3 21.9 33.9
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 8.6 8.5 45.7 53.4 66.0 33.9 30.6
Other Non-Current Liabilities 257.7 303.9 305.1 398.0 410.2 158.6 40.5 20.0 126.6 13.5 45.9 45 0 0 78.8 78.5 78.0
Total Non-Current Liabilities 3,100.7 2,778.1 2,558.9 2,736.4 2,710.2 2,550.3 1,875.0 1,640.3 1,832.3 342.3 75.6 70.7 361.5 276.4 339.1 134.2 142.5
Total Liabilities 3,253.4 2,985.6 2,705.5 3,016.3 2,958.6 2,630.5 2,454.5 2,169.2 1,981.4 465.4 104.3 122.4 426.4 329.6 385.3 162.4 175.1
Stockholders' Equity
Common Stock 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.5 0.5 0.4 0.4 0.4
Retained Earnings 340.9 268.2 207.4 130.3 61.0 (135.3) (215.2) (310.9) (386.2) (424.3) (873.1) (866.7) 60.7 44.5 21.6 12.8 0
Accumulated Other Comprehensive Income 0.5 (0.4) (0.1) (0.4) 0.0 0.0 0.0 (0.7) (0.6) (0.2) (0.1) (0.6) 5.1 3.6 (1.2) (0.3) (0.5)
Total Stockholders' Equity 934.0 897.5 863.9 817.0 828.3 711.1 675.7 629.9 588.6 321.7 29.7 36.6 251.0 231.6 218.7 203.3 181.5
Total Liabilities & Equity 4,291.2 3,994.5 3,678.6 3,952.9 3,934.2 3,466.9 3,204.6 2,870.5 2,590.8 824.4 134.0 159.0 681.7 563.7 604.9 365.7 356.6
Debt Metrics
Total Debt 2,843.0 2,474.1 2,253.8 2,338.3 2,300.0 2,391.7 2,112.4 1,949.4 1,705.8 358.8 21.2 21.2 316.8 223.9 202.4 24.4 33.9
Net Debt 2,365.8 2,074.5 1,913.5 1,749.8 1,714.4 2,058.2 1,790.9 1,695.7 1,472.3 276.1 (7.5) (29.9) 274.6 194.6 180.5 1.9 17.6
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 1999 1998 1997 1996 1995
Operating Activities
Net Income 136.0 152.5 141.5 106.6 262.8 61.8 105.5 76.1 39.9 48.8 26.7 34.6 24.1 26.7 15.7
Depreciation & Amortization 63.6 69.0 68.4 64.2 50.8 38.9 39.6 33.4 18.3 5.8 34.2 25.7 16.9 11.8 4.1
Stock-Based Compensation 24.0 32.8 26.8 24.0 26.2 21.5 22.2 23.1 20.3 11.9 0 0 0 0 0
Change in Working Capital 1.1 (16.4) 12.4 (3.0) 41.7 (9.7) (4.4) 0.1 10.7 9.0 (4.1) 10.3 (0.7) (8.4) (0.4)
Other Non-Cash Items (300.2) (243.3) (13.3) (57.2) 293.8 (338.6) (205.7) (205.7) (294.8) (51.4) 1.7 0.3 (5.0) (10.6) (5.1)
Operating Cash Flow (67.2) 1.8 237.2 132.7 665.7 (226.1) (36.7) (62.6) (182.7) 30.5 55.5 52.4 25.7 27.6 21.2
Investing Activities
Capital Expenditure (6.9) (5.6) (8.8) (6.6) (5.8) (1.0) (7.6) (11.7) (1.5) (2.0) (5.4) (2.2) (2.3) (3.0) (1.3)
Acquisitions 0 0 (120.6) (20.6) (155.6) 0 1,016.3 (127.0) (393.4) 6.2 (128.6) 30.4 (201.2) (5.9) 1.3
Purchases of Investments (1,488.0) 0 0 (948.3) (1,168.6) 0 (1,016.3) (20.2) (21.4) (0.1) (0.6) (6.6) (10.4) (3.8) (0.2)
Sales/Maturities of Investments 1,130.8 0 0 820.5 1,454.6 0 2.0 37.8 615.6 406.2 12.0 0 11.2 0 1.1
Other Investing Activities 309.8 (11.4) (0.3) 127.5 (299.5) 9.7 10.0 (0.1) (616.2) (407.1) 0 (0.6) 25.9 9.9 2.5
Investing Cash Flow (47.3) (17.0) (129.7) (27.5) (175.0) 8.7 4.4 (121.2) (417.0) 3.1 (122.6) 20.9 (176.7) (2.8) 3.2
Financing Activities
Net Debt Issuance 361.1 210.0 (203.4) 101.7 (125.7) 306.4 164.1 269.1 596.9 190.4 94.0 (47.2) 166.8 (7) (5.5)
Stock Repurchased (60.0) (44.9) (45) (90) (57.5) (32.5) (40) (27.5) (7.5) (233.8) (4.1) (8.0) (2.6) 0 0
Dividends Paid (64.6) (58.1) (52.0) (47.3) (31.4) (24.9) (25.3) (22.4) (18.8) (13.8) (10.5) (12.1) (15.3) (13.9) (45.9)
Other Financing Activities (45.5) (32.1) (55.7) (66.5) (29.8) (13.7) 0.8 (15.1) (40.6) 9.1 (2.2) (0.6) (0.2) 0 31.6
Financing Cash Flow 191.0 74.9 (356.1) (102.1) (244.4) 235.3 99.6 204.2 750.5 (48.3) 80.0 (65.9) 150.4 (18.6) (19.6)
Cash Position
Net Change in Cash 77.9 59.3 (248.2) 3.0 246.3 17.9 67.3 20.4 150.8 (14.7) 12.9 7.4 (0.6) 6.2 4.9
Cash at Beginning 400.3 341.0 589.2 586.1 339.8 321.9 254.7 234.3 82.7 97.4 29.3 21.9 22.5 16.3 11.4
Cash at End 478.2 400.3 341.0 589.2 586.1 339.8 321.9 254.7 233.5 82.7 42.2 29.3 21.9 22.5 16.3
Free Cash Flow (74.1) (3.8) 228.3 126.1 659.9 (227.1) (44.3) (74.3) (184.2) 28.5 50.1 50.3 23.4 24.6 19.9
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 1999 1998 1997 1996 1995
Income Statement
Revenue 830.6 902.8 841.5 881.7 974.7 603.2 562.3 551.4 424.4 321.7 380.2 448.6 387.7 278.5 202.7 142.9 117.2 178.3 226.2 218.6 282.2 218.9 164.6 152.5 112.2
Gross Profit 622 470.2 436.7 510.5 616.4 335.9 321.7 312.8 233.0 186.1 243.1 308.8 255.9 172.9 110.2 77.7 30.1 53.8 226.2 218.6 282.2 218.9 164.6 152.5 112.2
Operating Income 144.9 182.5 151.5 197.5 325.5 144.3 124.7 113.1 58.0 50.8 80.4 130.7 113.5 60.4 13.9 9.3 (6.6) (581.8) 5.3 (105.6) 69.1 48.7 31.0 39.3 28.2
Net Income 138.4 121.7 130.6 117.5 208.1 80.0 95.6 75.5 37.0 48.5 35.1 97.7 75.2 37.7 145.4 9.6 (6.5) (529.1) (14.2) (47.6) 26.7 34.6 24.1 26.7 15.7
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 -1.12 -91.66 -2.45 -8.21 0.55 0.68 0.44 0.50 0.29
Balance Sheet
Cash & Equivalents 477.2 399.6 340.3 588.5 585.5 333.5 321.5 253.7 233.5 82.7 28.6 51.1 42.2 29.3 21.9 22.5 16.3
Total Assets 4,291.2 3,994.5 3,678.6 3,952.9 3,934.2 3,466.9 3,204.6 2,870.5 2,590.8 824.4 134.0 159.0 681.7 563.7 604.9 365.7 356.6
Total Debt 2,843.0 2,474.1 2,253.8 2,338.3 2,300.0 2,391.7 2,112.4 1,949.4 1,705.8 358.8 21.2 21.2 316.8 223.9 202.4 24.4 33.9
Stockholders' Equity 934.0 897.5 863.9 817.0 828.3 711.1 675.7 629.9 588.6 321.7 29.7 36.6 251.0 231.6 218.7 203.3 181.5
Cash Flow
Operating Cash Flow (67.2) 1.8 237.2 132.7 665.7 (226.1) (36.7) (62.6) (182.7) 30.5 55.5 52.4 25.7 27.6 21.2
Capital Expenditure (6.9) (5.6) (8.8) (6.6) (5.8) (1.0) (7.6) (11.7) (1.5) (2.0) (5.4) (2.2) (2.3) (3.0) (1.3)
Free Cash Flow (74.1) (3.8) 228.3 126.1 659.9 (227.1) (44.3) (74.3) (184.2) 28.5 50.1 50.3 23.4 24.6 19.9