Virtus Investment Partners (VRTS) Revenue & Revenue Breakdown

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Virtus Investment Partners Revenue Highlights

Latest Revenue (Y)

$841.49M

Latest Revenue (Q)

$227.03M

Main Segment (Y)

Investment Management Fees

Virtus Investment Partners Revenue by Period

Virtus Investment Partners Revenue by Year

Date	Revenue	Change
2023-12-31	$841.49M	-4.56%
2022-12-31	$881.72M	-9.54%
2021-12-31	$974.67M	61.58%
2020-12-31	$603.23M	7.29%
2019-12-31	$562.26M	1.98%
2018-12-31	$551.35M	29.91%
2017-12-31	$424.39M	31.91%
2016-12-31	$321.74M	-15.37%
2015-12-31	$380.18M	-15.26%
2014-12-31	$448.63M	15.71%
2013-12-31	$387.71M	39.20%
2012-12-31	$278.52M	36.09%
2011-12-31	$204.65M	41.57%
2010-12-31	$144.56M	23.39%
2009-12-31	$117.15M	-34.29%
2008-12-31	$178.27M	-21.19%
2007-12-31	$226.22M	3.48%
2006-12-31	$218.60M	-22.53%
1999-12-31	$282.17M	27.36%
1998-12-31	$221.55M	34.60%
1997-12-31	$164.60M	7.93%
1996-12-31	$152.50M	35.91%
1995-12-31	$112.21M	-

Virtus Investment Partners generated $841.49M in revenue during NA 2023, up -4.56% compared to the previous quarter, and up 152.62% compared to the same period a year ago.

Virtus Investment Partners Revenue by Quarter

Date	Revenue	Change
2024-09-30	$227.03M	1.64%
2024-06-30	$223.37M	1.04%
2024-03-31	$221.07M	3.02%
2023-12-31	$214.59M	-1.69%
2023-09-30	$218.27M	2.79%
2023-06-30	$212.35M	7.80%
2023-03-31	$196.99M	-0.12%
2022-12-31	$197.23M	-5.70%
2022-09-30	$209.16M	-6.69%
2022-06-30	$224.16M	-10.75%
2022-03-31	$251.17M	-5.13%
2021-12-31	$264.75M	5.52%
2021-09-30	$250.91M	3.32%
2021-06-30	$242.84M	12.33%
2021-03-31	$216.18M	26.12%
2020-12-31	$171.40M	10.80%
2020-09-30	$154.70M	16.55%
2020-06-30	$132.73M	-8.08%
2020-03-31	$144.40M	-1.00%
2019-12-31	$145.86M	0.08%
2019-09-30	$145.75M	3.91%
2019-06-30	$140.26M	7.57%
2019-03-31	$130.39M	-5.40%
2018-12-31	$137.84M	-9.33%
2018-09-30	$152.01M	14.57%
2018-06-30	$132.68M	3.00%
2018-03-31	$128.82M	0.72%
2017-12-31	$127.91M	3.59%
2017-09-30	$123.48M	31.39%
2017-06-30	$93.98M	18.91%
2017-03-31	$79.03M	-0.79%
2016-12-31	$79.66M	-2.97%
2016-09-30	$82.10M	2.81%
2016-06-30	$79.86M	-0.33%
2016-03-31	$80.12M	-6.70%
2015-12-31	$85.87M	-6.76%
2015-09-30	$92.09M	-7.05%
2015-06-30	$99.08M	-3.93%
2015-03-31	$103.14M	-7.48%
2014-12-31	$111.47M	-5.08%
2014-09-30	$117.44M	4.46%
2014-06-30	$112.42M	4.77%
2014-03-31	$107.30M	1.15%
2013-12-31	$106.08M	6.15%
2013-09-30	$99.93M	4.25%
2013-06-30	$95.86M	11.68%
2013-03-31	$85.83M	10.96%
2012-12-31	$77.35M	7.51%
2012-09-30	$71.95M	7.68%
2012-06-30	$66.82M	7.08%
2012-03-31	$62.40M	11.08%
2011-12-31	$56.17M	1.29%
2011-09-30	$55.46M	13.40%
2011-06-30	$48.90M	10.84%
2011-03-31	$44.12M	8.30%
2010-12-31	$40.74M	14.49%
2010-09-30	$35.58M	2.28%
2010-06-30	$34.79M	4.01%
2010-03-31	$33.45M	0.37%
2009-12-31	$33.33M	9.64%
2009-09-30	$30.39M	11.82%
2009-06-30	$27.18M	3.54%
2009-03-31	$26.25M	-24.75%
2008-12-31	$34.89M	-22.14%
2008-09-30	$44.81M	-6.75%
2008-06-30	$48.05M	-4.92%
2008-03-31	$50.53M	-

Virtus Investment Partners generated $227.03M in revenue during Q3 2024, up 1.64% compared to the previous quarter, and up 106.91% compared to the same period a year ago.

Virtus Investment Partners Revenue Breakdown

Virtus Investment Partners Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 22	Dec 21	Dec 20	Dec 19	Dec 18
Closed End Funds	$63.84M	$63.30M	$36.83M	$42.20M	$41.45M
Institutional Accounts	$157.40M	$143.49M	$109.53M	$96.43M	-
Investment Management Fees	$728.34M	$781.59M	$505.34M	$461.48M	-
Open End Funds	$335.58M	$393.67M	$247.52M	$229.64M	-
Retail Separate Accounts	$171.51M	$174.92M	$104.93M	$83.00M	-
Structured Products	-	$4.73M	$4.01M	$6.38M	-
Other Products	-	$1.48M	$2.51M	$3.83M	-
Other Income And fees	-	-	$670.00K	$987.00K	-
Administration And Shareholder Service Fees	-	-	$59.46M	$59.88M	$63.61M
Distribution And Service Fees	-	-	$38.42M	$40.90M	-

Virtus Investment Partners's latest annual revenue breakdown by segment (product or service), as of Dec 22: Investment Management Fees (50.00%), Open End Funds (23.04%), Retail Separate Accounts (11.77%), Institutional Accounts (10.81%), and Closed End Funds (4.38%).

Quarterly Revenue by Product

Product/Service	Sep 24	Mar 24	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19
Retail Separate Accounts	$52.07M	$48.98M	$44.44M	$42.80M	$40.08M	$37.44M	$39.15M	$45.31M	$49.60M	$48.31M	$46.63M	$42.48M	$37.51M	$30.41M	$26.41M	$22.40M	$25.71M	$22.24M	$22.09M	$20.66M
Closed End Funds	$14.94M	$14.39M	$14.67M	$14.67M	$14.68M	$14.95M	$15.77M	$16.17M	$16.94M	$16.85M	$17.12M	$16.39M	$12.94M	$9.14M	$8.96M	$8.56M	$10.18M	$10.71M	$10.85M	$10.62M
Institutional Accounts	$47.41M	$46.30M	$45.46M	$44.34M	$38.45M	$38.16M	$37.69M	$38.66M	$41.99M	$38.54M	$36.73M	$35.78M	$32.44M	$32.96M	$29.05M	$24.61M	$22.92M	$25.42M	$25.18M	$23.66M
Investment Management Fees	$193.84M	$188.36M	$184.87M	$179.98M	$164.48M	$163.65M	$172.85M	$185.02M	$206.82M	$213.67M	$201.13M	$193.51M	$173.27M	$144.72M	$129.78M	$110.55M	$120.29M	$120.94M	$120.02M	$114.59M
Open End Funds	$79.43M	$78.68M	$80.29M	$78.16M	$71.27M	$73.10M	$80.23M	$84.88M	$97.38M	$108.73M	$99.28M	$96.80M	$88.87M	$70.94M	$63.46M	$54.02M	$59.11M	$60.31M	$59.06M	$56.97M
Structured Products	-	-	-	-	-	-	-	-	$906.00K	$929.00K	$953.00K	$1.58M	$1.26M	$724.00K	$1.30M	$417.00K	$1.57M	$1.42M	$1.73M	$1.58M
Other Products	-	-	-	-	-	-	-	-	-	$320.00K	$433.00K	$478.00K	$248.00K	$550.00K	$611.00K	$554.00K	$796.00K	$842.00K	$1.12M	$1.09M
Other Income And fees	-	-	-	-	-	-	-	-	-	-	-	-	$720.00K	$245.00K	$94.00K	$166.00K	$165.00K	$226.00K	$210.00K	$227.00K
Administration And Shareholder Service Fees	-	-	-	-	-	-	-	-	-	-	-	-	$22.56M	$16.41M	$15.11M	$13.29M	$14.65M	$15.14M	$15.28M	$15.05M
Distribution And Service Fees	-	-	-	-	-	-	-	-	-	-	-	-	$20.35M	$10.28M	$9.80M	$8.89M	$9.46M	$9.78M	$10.44M	$10.62M

Virtus Investment Partners's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Investment Management Fees (50.00%), Open End Funds (20.49%), Retail Separate Accounts (13.43%), Institutional Accounts (12.23%), and Closed End Funds (3.85%).

Virtus Investment Partners Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
DHIL	Diamond Hill Investment Group	$136.72B	$39.02B
VRTS	Virtus Investment Partners	$841.49M	$227.03M
HLNE	Hamilton Lane	$553.84M	$196.73M
BSIG	BrightSphere Investment Group	$434.00M	$127.10M
TY	Tri-Continental	$85.94M	$57.62M

VRTS Revenue FAQ

What is Virtus Investment Partners’s yearly revenue?

Virtus Investment Partners's yearly revenue for 2023 was $841.48M, representing a decrease of -4.56% compared to 2022. The company's yearly revenue for 2022 was $881.72M, representing a decrease of -9.54% compared to 2021. VRTS's yearly revenue for 2021 was $974.67M, representing an increase of 61.58% compared to 2020.

What is Virtus Investment Partners’s quarterly revenue?

Virtus Investment Partners's quarterly revenue for Q3 2024 was $227.03M, a 1.64% increase from the previous quarter (Q2 2024), and a 4.01% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $223.37M, a 1.04% increase from the previous quarter (Q1 2024), and a 5.19% increase year-over-year (Q2 2023). VRTS's quarterly revenue for Q1 2024 was $221.07M, a 3.02% increase from the previous quarter (Q4 2023), and a 12.22% increase year-over-year (Q1 2023).

What is Virtus Investment Partners’s revenue growth rate?

Virtus Investment Partners's revenue growth rate for the last 3 years (2021-2023) was -13.66%, and for the last 5 years (2019-2023) was 49.66%.

What are Virtus Investment Partners’s revenue streams?

Virtus Investment Partners's revenue streams in c 22 are Closed End Funds, Institutional Accounts, Investment Management Fees, Open End Funds, and Retail Separate Accounts. Closed End Funds generated $63.84M in revenue, accounting 4.38% of the company's total revenue, up 0.85% year-over-year. Institutional Accounts generated $157.4M in revenue, accounting 10.81% of the company's total revenue, up 9.70% year-over-year. Investment Management Fees generated $728.34M in revenue, accounting 50.00% of the company's total revenue, down -6.81% year-over-year. Open End Funds generated $335.58M in revenue, accounting 23.04% of the company's total revenue, down -14.76% year-over-year. Retail Separate Accounts generated $171.51M in revenue, accounting 11.77% of the company's total revenue, down -1.95% year-over-year.

What is Virtus Investment Partners’s main source of revenue?

For the fiscal year ending Dec 22, the largest source of revenue of Virtus Investment Partners was Investment Management Fees. This segment made a revenue of $728.34M, representing 50.00% of the company's total revenue.