Virtu Financial
VIRT
58.81
-2.81
-4.56%
Virtu Financial
US · VIRT
#1562 by market cap
Listed 2015
58.81
-2.81
-4.56%
Live - 5344 symbols - heartbeat 9s ago
· 2026-10-08 07:58
Pre-market
58.81
0.00%
After-hours
58.81
0.00%
- Market cap
- 5.19B
- P/E (TTM)i
- 9.77
- P/Bi
- 2.78
- EPSi
- 5.13
- Div yieldi
- 1.63%
- 52W posi
- 74%
Reader sentiment
Are you bullish or bearish on VIRT?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Weak
- Altman Z-Score is 0.84, below the 1.8 "distress zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +26.25% YoY
Margins
- Gross margin
- 64.27%
- Operating margin
- 51.64%
- Net margin
- 12.05%
Key ratios & quality
- Enterprise valuei
- 12.85B
- PEG ratioi
- 0.47
- Altman Z-Scorei
- 0.84
PEG uses trailing P/E against the 3-year net income growth rate (20.90%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG." Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.88B | 1.52B | 3.24B | 2.81B | 2.36B | 2.29B | 2.88B | 3.63B |
| Gross profit | 1.29B | 746.89M | 2.09B | 1.69B | 1.35B | 1.39B | 1.77B | 2.33B |
| Selling & admin expenses | 176.12M | 209.39M | 213.75M | 211.99M | 219.51M | 230.76M | 236.45M | 249.21M |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 956.57M | 297.62M | 1.64B | 1.25B | 917.91M | 933.98M | 1.32B | 1.88B |
| Pretax profit | 696.36M | -115.98M | 1.38B | 996.90M | 556.80M | 325.13M | 644.97M | 1.09B |
| Tax | 76.17M | -12.28M | 261.92M | 169.67M | 88.47M | 61.21M | 110.44M | 182.07M |
| Net profit | 620.19M | -103.71M | 1.12B | 827.23M | 468.33M | 263.92M | 534.54M | 912.26M |
| Basic EPS | 3 | -1 | 5 | 4 | 2 | 1 | 3 | 5 |
| Diluted EPS | 2.78 | -0.53 | 5.16 | 3.91 | 2.44 | 1.42 | 2.97 | 5.13 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 837.87M | 999.57M | 824.79M | 969.89M | 1.10B | 1.19B |
| Gross profit | 496.64M | 661.27M | 488.86M | 687.49M | 748.14M | 714.28M |
| Selling & admin expenses | 59.80M | 61.44M | 62.77M | 65.20M | 66.88M | 69.71M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 386.98M | 546.54M | 374.00M | 568.06M | 623.98M | 584.96M |
| Pretax profit | 223.74M | 347.02M | 179.99M | 343.58M | 409.57M | 342.56M |
| Tax | 34.10M | 54.04M | 30.94M | 62.98M | 62.98M | 57.63M |
| Net profit | 189.64M | 292.98M | 149.05M | 280.60M | 346.60M | 284.93M |
| Basic EPS | 1 | 2 | 1 | 2 | 2 | 2 |
| Diluted EPS | 1.08 | 1.65 | 0.86 | 1.54 | 1.99 | 1.63 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 1.85B | 2.20B | 2.91B | 2.29B | 2.23B | 1.70B | 2.17B | 3.18B |
| Cash & ST investments | 729.55M | 732.16M | 889.56M | 1.07B | 981.58M | 820.44M | 872.51M | 1.06B |
| Inventory | -- | -- | -- | -- | -- | -- | -- | -- |
| Total assets | 7.38B | 9.61B | 9.97B | 10.32B | 10.58B | 14.47B | 15.36B | 20.15B |
| Total current liabilities | 1.09B | 1.66B | 1.82B | 1.41B | 1.01B | 1.86B | 1.76B | 1.89B |
| Short-term debt | 15.13M | 73.49M | 64.69M | 61.51M | 3.94M | -- | 38.54M | 12.38M |
| Long-term debt | 2.32B | 3.86B | 3.05B | 3.26B | 3.48B | 4.85B | 6.77B | 8.70B |
| Total liabilities | 5,886,279,000.00 | 8,380,434,000.00 | 8,110,760,000.00 | 8,456,353,000.00 | 8,931,814,000.00 | 13,061,028,000.00 | 13,874,366,000.00 | 18,177,333,000.00 |
| Total equity | 1.49B | 1.23B | 1.86B | 1.86B | 1.65B | 1.41B | 1.49B | 1.97B |
| Retained earnings | 96.51M | -90.37M | 422.38M | 830.54M | 972.32M | 1.00B | 1.17B | 1.52B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 2.82B | 2.49B | 3.58B | 3.18B | 5.14B | 4.65B |
| Cash & ST investments | 723.65M | 752.10M | 707.87M | 1.06B | 973.23M | 1.07B |
| Inventory | -- | -- | -- | -- | -- | -- |
| Total assets | 17.55B | 19.28B | 21.27B | 20.15B | 25.12B | 27.48B |
| Total current liabilities | 1.62B | 2.25B | 2.68B | 1.89B | 2.36B | 2.59B |
| Short-term debt | 112.15M | 251.75M | 121.99M | 12.38M | 154.97M | 353.94M |
| Long-term debt | 7.52B | 8.48B | 8.03B | 8.70B | 9.75B | 10.17B |
| Total liabilities | 15,986,558,000.00 | 17,651,148,000.00 | 19,571,259,000.00 | 18,177,333,000.00 | 22,918,726,000.00 | 25,152,112,000.00 |
| Total equity | 1.56B | 1.63B | 1.70B | 1.97B | 2.20B | 2.33B |
| Retained earnings | 1.23B | 1.36B | 1.40B | 1.52B | 1.62B | 1.75B |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 714.60M | 168.77M | 1.06B | 1.17B | 706.80M | 491.78M | 598.99M | 518.39M |
| Depreciation & amortization | 87.28M | 136.24M | 141.00M | 137.48M | 131.21M | 127.27M | 116.29M | 111.55M |
| Free cash flow | 666.65M | 110.96M | 1.00B | 1.11B | 641.94M | 415.65M | 544.68M | 454.89M |
| Dividends paid | -100.33M | -211.64M | -484.42M | -548.02M | -375.28M | -306.14M | -299.40M | -349.35M |
| Stock buybacks / issuance | -75.38M | -16.45M | -49.86M | -430.91M | -488.80M | -230.58M | -191.14M | -190.36M |
| Ending cash balance | 736.05M | 773.28M | 1.01B | 1.12B | 1.04B | 855.46M | 913.99M | 1.13B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 14.96M | 62.77M | -68.73M | 509.38M | -149.00K | 117.11M |
| Depreciation & amortization | 27.72M | 27.40M | 27.18M | 29.25M | 28.21M | 30.17M |
| Free cash flow | -14.69M | 51.71M | -82.10M | 499.98M | -31.80M | 92.34M |
| Dividends paid | -94.69M | -159.76M | -72.24M | -22.66M | -114.49M | -160.03M |
| Stock buybacks / issuance | -90.49M | -68.64M | -30.76M | -469.00K | -55.79M | -2.03M |
| Ending cash balance | 771.01M | 789.81M | 755.41M | 1.13B | 1.03B | 1.13B |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 30.18 | -6.10 | 52.65 | 30.70 | 17.65 | 10.52 | 21.20 | 30.87 |
| ROA %i | 3.86 | -0.71 | 6.46 | 4.57 | 2.44 | 1.07 | 1.75 | 2.47 |
| ROIC %i | 14.00 | 4.40 | 15.90 | 12.85 | 10.31 | 10.89 | 11.70 | 12.42 |
| 5-year avg ROE %i | 31.49 | 11.97 | 20.07 | 21.55 | 25.02 | 21.08 | 26.54 | 22.19 |
| EBIT margin %i | 48.44 | 10.71 | 49.28 | 43.27 | 37.21 | 40.33 | 44.21 | 51.61 |
| FCF / sales %i | 35.48 | 7.25 | 30.89 | 39.54 | 27.15 | 18.12 | 18.93 | 12.52 |
| Current ratioi | 1.69 | 1.32 | 1.59 | 1.63 | 2.21 | 0.91 | 1.23 | 1.69 |
| Quick ratioi | 1.69 | 1.30 | 1.53 | 1.60 | 2.15 | 0.90 | 1.21 | 1.65 |
| Debt / assetsi | 31.62 | 44.72 | 34.41 | 34.90 | 35.22 | 35.47 | 37.19 | 44.55 |
| LT debt / equityi | 220.45 | 453.53 | 229.08 | 228.49 | 277.45 | 426.61 | 452.41 | 566.57 |
| Interest coveragei | 4.26 | 0.59 | 7.48 | 5.54 | 2.72 | 1.54 | 2.03 | 2.40 |
| Revenue CAGR (3Y) %i | 33.13 | 29.28 | 46.61 | 14.38 | 15.94 | -10.87 | 0.77 | 15.38 |
| Net income CAGR (3Y) %i | 140.19 | -- | 504.49 | 18.11 | -- | -39.74 | -16.62 | 20.90 |
| FCF CAGR (3Y) %i | 41.36 | -20.32 | 57.21 | 18.58 | 79.52 | -25.38 | -21.16 | -10.85 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 23.87 | 28.75 | 29.43 | 30.87 | 33.90 | 31.65 |
| ROA %i | 1.98 | 2.28 | 2.22 | 2.47 | 2.42 | 2.22 |
| ROIC %i | 10.37 | 10.95 | 11.50 | 12.42 | 11.51 | 10.83 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 44.53 | 47.66 | 48.09 | 51.61 | 54.30 | 52.69 |
| FCF / sales %i | 30.98 | 15.44 | 9.70 | 12.52 | 11.26 | 11.73 |
| Current ratioi | 1.74 | 1.10 | 1.34 | 1.69 | 2.18 | 1.79 |
| Quick ratioi | 1.71 | 1.09 | 1.32 | 1.65 | 2.15 | 1.77 |
| Debt / assetsi | 44.72 | 46.37 | 39.23 | 44.55 | 40.44 | 39.22 |
| LT debt / equityi | 590.50 | 617.56 | 565.19 | 566.57 | 576.46 | 558.08 |
| Interest coveragei | 2.14 | 2.33 | 2.31 | 2.40 | 2.54 | 2.46 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Single-engine
- Market making is the largest reported line at 84.81% of revenue, across 3 reported segments.
- The next-largest line, Execution Services, is a distant second at 14.58% - a sharp slowdown here would have little to offset it.
Revenue breakdown most recent period
Business
Market making84.81%
Execution Services14.58%
Corporate0.61%
Quote time 2026-10-08 07:58:57 · For reference only, not investment advice and not tailored to your situation.