Virtus Investment Partners (VRTS) Revenue & Revenue Breakdown


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Virtus Investment Partners Revenue Highlights


Latest Revenue (Y)

$841.49M

Latest Revenue (Q)

$224.38M

Main Segment (Y)

Investment Management Fees

Virtus Investment Partners Revenue by Period


Virtus Investment Partners Revenue by Year

DateRevenueChange
2023-12-31$841.49M-4.56%
2022-12-31$881.72M-9.54%
2021-12-31$974.67M61.58%
2020-12-31$603.23M7.29%
2019-12-31$562.26M1.98%
2018-12-31$551.35M29.91%
2017-12-31$424.39M31.91%
2016-12-31$321.74M-15.37%
2015-12-31$380.18M-15.26%
2014-12-31$448.63M15.71%
2013-12-31$387.71M39.20%
2012-12-31$278.52M36.09%
2011-12-31$204.65M41.57%
2010-12-31$144.56M23.39%
2009-12-31$117.15M-34.29%
2008-12-31$178.27M-21.19%
2007-12-31$226.22M3.48%
2006-12-31$218.60M-22.53%
1999-12-31$282.17M27.36%
1998-12-31$221.55M34.60%
1997-12-31$164.60M7.93%
1996-12-31$152.50M35.91%
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

DateRevenueChange
2024-06-30$224.38M1.50%
2024-03-31$221.07M3.02%
2023-12-31$214.59M-1.69%
2023-09-30$218.27M2.79%
2023-06-30$212.35M7.80%
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$264.75M5.52%
2021-09-30$250.91M3.32%
2021-06-30$242.84M12.33%
2021-03-31$216.18M26.12%
2020-12-31$171.40M10.80%
2020-09-30$154.70M16.55%
2020-06-30$132.73M-8.08%
2020-03-31$144.40M-1.00%
2019-12-31$145.86M0.08%
2019-09-30$145.75M3.91%
2019-06-30$140.26M7.57%
2019-03-31$130.39M-5.40%
2018-12-31$137.84M-9.33%
2018-09-30$152.01M14.57%
2018-06-30$132.68M3.00%
2018-03-31$128.82M0.72%
2017-12-31$127.91M3.59%
2017-09-30$123.48M31.39%
2017-06-30$93.98M18.91%
2017-03-31$79.03M-0.79%
2016-12-31$79.66M-2.97%
2016-09-30$82.10M2.81%
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$117.44M4.46%
2014-06-30$112.42M4.77%
2014-03-31$107.30M1.15%
2013-12-31$106.08M6.15%
2013-09-30$99.93M4.25%
2013-06-30$95.86M11.68%
2013-03-31$85.83M10.96%
2012-12-31$77.35M7.51%
2012-09-30$71.95M7.68%
2012-06-30$66.82M7.08%
2012-03-31$62.40M11.08%
2011-12-31$56.17M1.29%
2011-09-30$55.46M13.40%
2011-06-30$48.90M10.84%
2011-03-31$44.12M8.30%
2010-12-31$40.74M14.49%
2010-09-30$35.58M2.28%
2010-06-30$34.79M4.01%
2010-03-31$33.45M0.37%
2009-12-31$33.33M9.64%
2009-09-30$30.39M11.82%
2009-06-30$27.18M3.54%
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 $224.38M in revenue during Q2 2024, up 1.50% compared to the previous quarter, and up 113.91% 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/ServiceDec 22Dec 21Dec 20Dec 19Dec 18
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-
Closed End Funds$63.84M$63.30M$36.83M$42.20M$41.45M
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/ServiceMar 24Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
Closed End Funds$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$10.02M
Retail Separate Accounts$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$18.00M
Open End Funds$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$53.29M
Investment Management Fees$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$105.92M
Institutional Accounts$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$22.18M
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$1.65M
Other Products--------$320.00K$433.00K$478.00K$248.00K$550.00K$611.00K$554.00K$796.00K$842.00K$1.12M$1.09M$777.00K
Other Income And fees-----------$720.00K$245.00K$94.00K$166.00K$165.00K$226.00K$210.00K$227.00K$324.00K
Distribution And Service Fees-----------$20.35M$10.28M$9.80M$8.89M$9.46M$9.78M$10.44M$10.62M$10.06M
Administration And Shareholder Service Fees-----------$22.56M$16.41M$15.11M$13.29M$14.65M$15.14M$15.28M$15.05M$14.41M

Virtus Investment Partners's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Investment Management Fees (50.00%), Open End Funds (20.89%), Retail Separate Accounts (13.00%), Institutional Accounts (12.29%), and Closed End Funds (3.82%).

Virtus Investment Partners Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
DHILDiamond Hill Investment Group$136.72B$36.66B
VRTSVirtus Investment Partners$841.49M$224.38M
HLNEHamilton Lane$553.84M$196.73M
BSIGBrightSphere Investment Group$434.00M$109.80M
TYTri-Continental$85.94M$57.62M

VRTS Revenue FAQ


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.

Virtus Investment Partners's quarterly revenue for Q2 2024 was $224.38M, a 1.50% increase from the previous quarter (Q1 2024), and a 5.67% increase year-over-year (Q2 2023). The company'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). VRTS's quarterly revenue for Q4 2023 was $214.59M, a -1.69% decrease from the previous quarter (Q3 2023), and a 8.80% increase year-over-year (Q4 2022).

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%.

Virtus Investment Partners's revenue streams in c 22 are Institutional Accounts, Investment Management Fees, Open End Funds, Retail Separate Accounts, and Closed End Funds. 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. Closed End Funds generated $63.84M in revenue, accounting 4.38% of the company's total revenue, up 0.85% year-over-year.

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.