CSIMarket
 


Virtus Investment Partners Inc   (VRTS)
Other Ticker:  
 
    Sector  Financial    Industry Investment Services
   Industry Investment Services
   Sector  Financial


Virtus Investment Partners Inc 's Operating Profit Margin by quarter

Trends, Rankings, Statistics



VRTS Operating Profit Margin (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Revenue Change 3.16 % 5.14 % -0.91 % -19.49 % -15.34 %
Seq. Revenue Change -1.75 % 2.74 % 7.51 % -4.94 % 0.14 %
Revenue In Millions $218.26 $222.14 $216.21 $201.11 $211.57
Operating Profit Margin 35.28 % 20.21 % 18.06 % 14.21 % -2.61 %
Operating Profit Margin Total Ranking # 385 # 1040 # 1187 # 1366 #
Operating Income In Millions $77.00 $44.90 $39.05 $28.58 $-5.52
Y / Y Operating Income Change - 2.01 % -31.1 % -56.4 % -
Seq. Operating Income Change 71.49 % 15 % 36.62 % - -


Commenting fourth Quarter 2023 Operating Profit Margin
Despite the sequential Revenue deterioration in IV. Quarter of -1.75 % Virtus Investment Partners Inc managed to reduce Operating Costs and increase Operating Income by 71.49 % to $77 millions. Operating Profit Margin grew to 35.28 %, above company average Operating Profit Margin.

Observing fourth quarter 2023 results within Investment Services industry 32 other companies have achieved higher Operating Profit Margin. While Operating Profit Margin total ranking has impoved so far to 385, from total ranking in previous quarter at 1040.
Explain Operating Margin
VRTS's Operating Profit Margin fourth quarter 2023 Company Ranking
Within: No.
Investment Services Industry # 33
Financial Sector # 222
Overall # 385

Operating Profit Margin Statistics
High Average Low
44.81 % 23.61 % 3.38 %
(Dec 31 2014)   (Jun 30 2017)




Other Operating Profit Margin Profitability Ratios
VRTS's Cumulative Operating Profit Margin
Investment Services Industry Operating Profit Margin Trends and Statistics
Financial Sector Operating Profit Margin Statistics
Operating Profit Margin Profitability Trends for overall market
VRTS's Operating Profit Margin Profitability versus Investment Services Industry, Financial Sector and total Market
Highest Ranking Operating Profit Margin
Lowest Ranking Operating Profit Margin
Operating Profit Margin Profit Margin for VRTS's Competitors
Operating Profit Margin Profit Margin for Virtus Investment Partners Inc 's Suppliers
Operating Profit Margin Profit Margin for VRTS's Customers

You may also want to know
VRTS's Annual Growth Rates VRTS's Profitability Ratios VRTS's Asset Turnover Ratio VRTS's Dividend Growth
VRTS's Roe VRTS's Valuation Ratios VRTS's Financial Strength Ratios VRTS's Operating Income Growth
VRTS's Roa VRTS's Inventory Turnover Ratio VRTS's Growth Rates VRTS's Dividend Comparisons


Companies with similar Operating Profit Margin in the quarter ending Dec 31 2023, within Investment Services Industry Operating Profit MarginDec 31 2023 MRQ Operating IncomeDec 31 2023 MRQ Revenue
Federated Hermes Inc   93.38 %$ 371.509 $ 397.827 
Lpl Financial Holdings Inc   89.35 %$ 3,060.990 $ 3,425.885 
Janus Henderson Group Plc  88.16 %$ 515.300 $ 584.500 
Artisan Partners Asset Management Inc   87.86 %$ 218.772 $ 248.997 
Schwab Charles Corp  87.10 %$ 3,884.000 $ 4,459.000 
Lazard Inc   86.61 %$ 715.198 $ 825.763 
Affiliated Managers Group inc   86.24 %$ 1,038.800 $ 1,204.500 
Robinhood Markets Inc   84.08 %$ 396.000 $ 471.000 
Tradeweb Markets Inc   81.67 %$ 302.171 $ 370.000 
Freedom Holding Corp   81.46 %$ 341.019 $ 418.634 
Hamilton Lane Inc  80.95 %$ 102.612 $ 126.764 
Gcm Grosvenor Inc   80.92 %$ 94.313 $ 116.556 
Cme Group Inc   80.57 %$ 1,159.600 $ 1,439.300 
Intercontinental Exchange Inc   79.54 %$ 2,146.000 $ 2,698.000 
Carlyle Group Inc   78.95 %$ 731.200 $ 926.200 
Interactive Brokers Group inc   71.64 %$ 816.000 $ 1,139.000 
Price T Rowe Group Inc  68.37 %$ 1,122.600 $ 1,642.000 
Bridge Investment Group Holdings Inc   66.37 %$ 62.472 $ 94.126 
Cboe Global Markets Inc   64.01 %$ 1,253.000 $ 1,957.400 
Jefferies Financial Group Inc   62.68 %$ 1,233.978 $ 1,968.738 
Tpg Inc   61.03 %$ 600.031 $ 983.137 
Assetmark Financial Holdings Inc   57.58 %$ 91.085 $ 158.183 
Virtu Financial inc   56.87 %$ 304.794 $ 535.975 
Piper Sandler Companies  45.33 %$ 162.602 $ 358.690 
Raymond James Financial Inc   44.18 %$ 1,555.000 $ 3,520.000 
Cohen and Steers Inc   44.08 %$ 111.394 $ 252.697 
Blue Owl Capital Inc   40.14 %$ 206.220 $ 513.796 
Virtus Investment Partners Inc   35.28 %$ 77.003 $ 218.260 
Morningstar inc   34.60 %$ 186.400 $ 538.700 
Cohen and Co Inc   33.09 %$ 11.404 $ 34.464 




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com