NYSE : VIRT
Virtu Financial, Inc. — Financial statements
Financials · Capital Markets · United States
Last price 53.76 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 8.34B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Virtu Financial, Inc. (VIRT) reported revenue of 3.26B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest and Dividend Income | 544.76M | 508.82M | 462.07M | 462.57M | 159.12M | 75.38M |
| Total Interest Expense | 880.47M | 786.82M | 650.77M | 609.80M | 354.88M | 228.13M |
| Net Interest Income | -335.70M | -278.00M | -188.70M | -147.23M | -195.76M | -152.75M |
| Brokerage Commission | 678.03M | 617.02M | 516.78M | 455.60M | 529.85M | 614.49M |
| Trading & Principal Transactions | 2.84B | 2.44B | 1.82B | 1.30B | 1.63B | 2.11B |
| Gain on Sale of Investments (Rev) | -13.54M | -8.56M | 3.29M | |||
| Other Revenue | 95.02M | 69.47M | 75.94M | 70.39M | 44.83M | 15.09M |
| Revenue | 3.26B | 2.85B | 2.22B | 1.68B | 2.01B | 2.58B |
| Salaries & Employee Benefits | 670.00M | 499.06M | 426.89M | 385.25M | 382.88M | 370.17M |
| Cost of Services Provided | 1.12B | 1.12B | 1.01B | 838.40M | 925.87M | 1.05B |
| Total Operating Expenses | 1.90B | 1.73B | 1.55B | 1.35B | 1.44B | 1.55B |
| Operating Income | 1.36B | 1.12B | 666.52M | 332.48M | 567.85M | 1.03B |
| Currency Exchange Gains | 2.90M | 100.00K | 2.60M | 1.90M | 4.00M | 3.20M |
| EBT Excluding Unusual Items | 1.37B | 1.12B | 669.12M | 334.38M | 571.85M | 1.03B |
| Merger & Restructuring Charges | -27.59M | -29.03M | -7.93M | -8.79M | -8.07M | -6.11M |
| Other Unusual Items | 5.18M | 5.98M | -16.22M | -455.00K | -6.98M | -28.14M |
| Pretax Income | 1.28B | 1.09B | 644.97M | 325.13M | 556.80M | 996.90M |
| Income Tax Expense | 214.52M | 182.06M | 110.44M | 61.21M | 88.47M | 169.67M |
| Earnings From Continuing Ops. | 1.06B | 912.26M | 534.53M | 263.92M | 468.33M | 827.23M |
| Minority Interest in Earnings | -510.48M | -443.90M | -258.12M | -121.89M | -203.31M | -350.36M |
| Net Income | 550.70M | 468.36M | 276.42M | 142.04M | 265.03M | 476.88M |
| Preferred Dividends & Other Adjustments | 32.48M | 30.60M | 16.02M | 8.15M | 9.81M | 13.67M |
| Net Income to Common | 518.23M | 437.76M | 260.39M | 133.88M | 255.22M | 463.20M |
| Shares Outstanding (Basic) | 85.85M | 85.22M | 87.48M | 94.08M | 104.00M | 117.34M |
| Shares Outstanding (Diluted) | 85.85M | 85.32M | 87.82M | 94.08M | 104.42M | 118.42M |
| EPS (Basic) | 6.04 | 5.14 | 2.98 | 1.42 | 2.45 | 3.95 |
| EPS (Diluted) | 6.03 | 5.13 | 2.97 | 1.42 | 2.44 | 3.91 |
| Free Cash Flow | 521.11M | 495.58M | 586.56M | 454.00M | 679.60M | 1.15B |
| Free Cash Flow Per Share | 6.07 | 5.81 | 6.68 | 4.83 | 6.51 | 9.69 |
| Dividend Per Share | 0.96 | 0.96 | 0.96 | 0.96 | 0.96 | 0.96 |
| Operating Margin | 41.74% | 39.27% | 30.05% | 19.75% | 28.28% | 39.81% |
| Profit Margin | 15.88% | 15.39% | 11.74% | 7.95% | 12.71% | 17.94% |
| Free Cash Flow Margin | 15.97% | 17.42% | 26.45% | 26.97% | 33.85% | 44.42% |
| Effective Tax Rate | 16.82% | 16.64% | 17.12% | 18.83% | 15.89% | 17.02% |
| Revenue as Reported | 4.08B | 3.63B | 2.88B | 2.29B | 2.36B | 2.81B |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.07B | 1.06B | 872.51M | 820.44M | 981.58M | 1.07B |
| Short-Term Investments | 20.58B | 14.80B | 11.12B | 10.63B | 6.21B | 5.78B |
| Accounts Receivable | 3.52B | 2.06B | 1.25B | 843.97M | 1.20B | 1.17B |
| Other Receivables | 46.00M | 36.80M | 13.20M | 44.30M | 54.10M | 37.20M |
| Property, Plant & Equipment | 325.02M | 310.08M | 266.46M | 329.86M | 272.64M | 314.92M |
| Goodwill | 1.15B | 1.15B | 1.15B | 1.15B | 1.15B | 1.15B |
| Other Intangible Assets | 131.37M | 154.93M | 203.19M | 257.52M | 321.48M | 386.33M |
| Investments in Debt & Equity Securities | 86.73M | 87.51M | 76.66M | 84.52M | 78.97M | 84.38M |
| Other Current Assets | 156.23M | 154.61M | 86.29M | |||
| Long-Term Deferred Tax Assets | 84.27M | 92.42M | 135.05M | 133.76M | 146.80M | 158.52M |
| Other Long-Term Assets | 330.76M | 246.92M | 185.91M | 172.60M | 170.65M | 169.73M |
| Total Assets | 27.48B | 20.15B | 15.36B | 14.47B | 10.58B | 10.32B |
| Accounts Payable | 1.74B | 1.41B | 1.35B | 1.42B | 748.99M | 1.05B |
| Short-Term Debt | 7.34B | 5.32B | 3.87B | 3.31B | 1.70B | 1.72B |
| Current Portion of Leases | 48.85M | 89.13M | ||||
| Other Current Liabilities | 13.72B | 9.07B | 6.63B | 6.28B | 4.43B | 3.76B |
| Long-Term Debt | 2.03B | 2.04B | 1.74B | 1.73B | 1.80B | 1.61B |
| Long-Term Leases | 231.39M | 192.02M | 252.92M | 307.93M | 239.20M | 285.36M |
| Long-Term Deferred Tax Liabilities | 65.00K | |||||
| Other Long-Term Liabilities | 19.18M | 8.27M | 6.80M | 6.61M | 6.30M | |
| Total Liabilities | 25.15B | 18.18B | 13.87B | 13.06B | 8.93B | 8.46B |
| Common Stock | 2.00K | 2.00K | 2.00K | 2.00K | 2.00K | 2.00K |
| Additional Paid-In Capital | 1.60B | 1.54B | 1.43B | 1.35B | 1.29B | 1.22B |
| Retained Earnings | 1.75B | 1.52B | 1.17B | 1.00B | 972.32M | 830.54M |
| Comprehensive Income & Other | -5.84M | -3.01M | -7.06M | 17.05M | 31.60M | -10.20M |
| Total Common Equity | 1.87B | 1.58B | 1.25B | 1.20B | 1.34B | 1.55B |
| Minority Interest | 457.25M | 391.12M | 233.20M | 202.63M | 309.53M | 314.23M |
| Shareholders' Equity | 2.33B | 1.97B | 1.49B | 1.41B | 1.65B | 1.86B |
| Total Liabilities & Equity | 27.48B | 20.15B | 15.36B | 14.47B | 10.58B | 10.32B |
| Total Debt | 9.65B | 7.64B | 5.86B | 5.34B | 3.73B | 3.61B |
| Net Cash (Debt) | 12.00B | 8.22B | 6.13B | 6.11B | 3.46B | 3.23B |
| Net Cash Per Share | 139.79 | 96.35 | 69.82 | 64.91 | 33.16 | 27.30 |
| Filing Date Shares Outstanding | 88.30M | 86.60M | 86.62M | 89.42M | 97.88M | 108.77M |
| Total Common Shares Outstanding | 88.22M | 84.92M | 84.98M | 89.09M | 98.55M | 113.17M |
| Working Capital | 2.48B | 2.18B | 1.47B | 1.32B | 1.55B | 1.50B |
| Book Value Per Share | 21.17 | 18.63 | 14.76 | 13.50 | 13.62 | 13.69 |
| Tangible Book Value | 587.47M | 278.42M | -97.94M | -203.72M | -128.51M | 14.13M |
| Tangible Book Value Per Share | 6.66 | 3.28 | -1.15 | -2.29 | -1.30 | 0.12 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 550.70M | 468.36M | 276.42M | 142.04M | 265.03M | 476.88M |
| Depreciation & Amortization, Total | 70.11M | 66.85M | 74.99M | 89.57M | 91.01M | 98.08M |
| Stock-Based Compensation | 123.77M | 100.40M | 75.47M | 63.93M | 67.22M | 55.75M |
| Change in Accounts Receivable | -1.82B | -807.63M | -406.88M | 264.78M | 64.54M | 725.20M |
| Change in Accounts Payable | 220.29M | 174.94M | -131.59M | 861.38M | -289.22M | -367.21M |
| Change in Other Net Operating Assets | 4.78B | 2.81B | 842.46M | 1.62B | 594.45M | 869.60M |
| Other Operating Activities | 533.88M | 467.98M | 241.45M | 128.61M | 215.94M | 407.56M |
| Operating Cash Flow | 557.62M | 518.39M | 598.99M | 491.78M | 706.80M | 1.17B |
| Capital Expenditures | -36.51M | -22.80M | -12.43M | -37.77M | -27.20M | -24.56M |
| Sale (Purchase) of Intangibles | -42.70M | -40.70M | -41.89M | -38.35M | -37.66M | -35.51M |
| Other Investing Activities | -29.72M | -15.05M | -7.53M | -18.36M | 35.33M | -27.28M |
| Investing Cash Flow | -108.93M | -40.62M | -61.85M | -94.48M | -29.53M | -87.35M |
| Short-Term Debt Issued | 38.54M | |||||
| Long-Term Debt Issued | 1.54B | 1.74B | 1.80B | |||
| Total Debt Issued | 426.22M | 1.54B | 1.78B | 1.80B | ||
| Short-Term Debt Repaid | -26.16M | -3.94M | -59.11M | -2.02M | ||
| Long-Term Debt Repaid | -1.25B | -1.73B | -73.00M | -1.60B | -36.74M | |
| Total Debt Repaid | -41.61M | -1.27B | -1.73B | -76.94M | -1.66B | -38.75M |
| Net Debt Issued (Repaid) | 384.61M | 273.84M | 53.43M | -76.94M | 141.11M | -38.75M |
| Issuance of Common Stock | 15.46M | 13.21M | 5.11M | 78.98M | ||
| Repurchase of Common Stock | -89.05M | -190.36M | -191.14M | -230.58M | -488.80M | -430.91M |
| Common Dividends Paid | -87.98M | -87.69M | -89.05M | -94.83M | -103.27M | -115.36M |
| Other Financing Activities | -306.61M | -292.30M | -256.02M | -182.68M | -289.90M | -451.82M |
| Financing Cash Flow | -99.03M | -281.05M | -469.56M | -585.03M | -735.75M | -957.86M |
| Foreign Exchange Rate Adjustments | -6.45M | 15.73M | -9.05M | 4.96M | -24.24M | -12.47M |
| Net Cash Flow | 343.21M | 212.45M | 58.53M | -182.78M | -82.71M | 113.95M |
| Free Cash Flow | 521.11M | 495.58M | 586.56M | 454.00M | 679.60M | 1.15B |
| Free Cash Flow Margin | 15.97% | 17.42% | 26.45% | 26.97% | 33.85% | 44.42% |
| Free Cash Flow Per Share | 6.07 | 5.81 | 6.68 | 4.83 | 6.51 | 9.69 |
| Cash Interest Paid | 713.51M | 654.62M | 586.28M | 632.26M | 246.99M | 159.86M |
| Cash Income Tax Paid | 128.15M | 121.95M | 43.42M | 38.69M | 103.97M | 134.88M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 8.34B | 2.83B | 3.07B | 1.83B | 2.04B | 3.24B |
| Last Close Price | 53.76 | 32.85 | 34.30 | 18.74 | 17.91 | 24.38 |
| PE Ratio | 8.91 | 6.46 | 11.78 | 13.69 | 7.98 | 6.99 |
| PS Ratio | 2.56 | 0.99 | 1.38 | 1.09 | 1.01 | 1.25 |
| PB Ratio | 2.54 | 1.43 | 2.06 | 1.30 | 1.23 | 1.74 |
| P/FCF Ratio | 16.01 | 5.71 | 5.23 | 4.04 | 3.00 | 2.82 |
| P/OCF Ratio | 14.96 | 5.46 | 5.12 | 3.73 | 2.88 | 2.76 |
| Debt / Equity Ratio | 4.15 | 3.87 | 3.94 | 3.80 | 2.26 | 1.94 |
| Debt / FCF Ratio | 18.52 | 15.41 | 10.00 | 11.77 | 5.49 | 3.15 |
| Net Debt / Equity Ratio | -5.16 | -4.17 | -4.12 | -4.34 | -2.10 | -1.74 |
| Net Debt / FCF Ratio | -23.03 | -16.59 | -10.45 | -13.45 | -5.09 | -2.82 |
| Asset Turnover | 0.14 | 0.16 | 0.15 | 0.13 | 0.19 | 0.26 |
| Quick Ratio | 1.10 | 1.13 | 1.12 | 1.12 | 1.23 | 1.23 |
| Current Ratio | 1.11 | 1.14 | 1.12 | 1.12 | 1.23 | 1.23 |
| Return on Equity (ROE) | 53.62% | 52.72% | 36.96% | 17.27% | 26.65% | 44.49% |
| Return on Assets (ROA) | 4.54% | 5.14% | 3.58% | 2.11% | 4.48% | 8.16% |
| Return on Invested Capital (ROIC) | 9.76% | 10.98% | 7.84% | 4.45% | 8.80% | 15.82% |
| Earnings Yield | 11.22% | 16.55% | 9.01% | 7.75% | 13.01% | 14.72% |
| FCF Yield | 6.25% | 17.52% | 19.13% | 24.77% | 33.36% | 35.42% |
| Dividend Yield | 1.79% | 2.88% | 2.66% | 4.67% | 4.64% | 3.36% |
| Payout Ratio | 15.91% | 18.72% | 32.21% | 66.77% | 38.96% | 24.19% |
| Buyback Yield / Dilution | 0.62% | 2.85% | 6.65% | 9.91% | 11.82% | 3.19% |
| Total Shareholder Return | 2.40% | 5.73% | 9.31% | 14.57% | 16.47% | 6.55% |