Virtus Investment Partners (NYSE:VRTS) Full Year 2024 Results

Key Financial Results

• Revenue: US$906.9m (up 7.3% from FY 2023).
• Net income: US$121.7m (down 6.8% from FY 2023).
• Profit margin: 13% (down from 16% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: US$17.19 (down from US$18.02 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Virtus Investment Partners Earnings Insights

Looking ahead, revenue is expected to decline by 3.3% p.a. on average during the next 2 years, while revenues in the Capital Markets industry in the US are expected to grow by 5.7%.

The company's shares are down 4.5% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Virtus Investment Partners' balance sheet and an in-depth analysis of the company's financial position.

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