Westwood Group (WHG) Revenue & Revenue Breakdown

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Westwood Group Revenue Highlights

Latest Revenue (Y)

$89.78M

Latest Revenue (Q)

$23.72M

Main Segment (Y)

Asset Management

Main Geography (Y)

UNITED STATES

Westwood Group Revenue by Period

Westwood Group Revenue by Year

Date	Revenue	Change
2023-12-31	$89.78M	30.72%
2022-12-31	$68.68M	-5.99%
2021-12-31	$73.05M	12.20%
2020-12-31	$65.11M	-22.56%
2019-12-31	$84.08M	-31.25%
2018-12-31	$122.30M	-8.58%
2017-12-31	$133.78M	8.75%
2016-12-31	$123.02M	-6.04%
2015-12-31	$130.94M	15.63%
2014-12-31	$113.24M	23.32%
2013-12-31	$91.83M	18.49%
2012-12-31	$77.50M	12.46%
2011-12-31	$68.91M	24.58%
2010-12-31	$55.31M	29.99%
2009-12-31	$42.55M	-8.40%
2008-12-31	$46.46M	28.01%
2007-12-31	$36.29M	32.63%
2006-12-31	$27.36M	24.72%
2005-12-31	$21.94M	9.81%
2004-12-31	$19.98M	-0.49%
2003-12-31	$20.08M	-7.15%
2002-12-31	$21.62M	10.40%
2001-12-31	$19.59M	21.39%
2000-12-31	$16.14M	-

Westwood Group generated $89.78M in revenue during NA 2023, up 30.72% compared to the previous quarter, and up 73.41% compared to the same period a year ago.

Westwood Group Revenue by Quarter

Date	Revenue	Change
2024-09-30	$23.72M	3.52%
2024-06-30	$22.91M	-0.02%
2024-03-31	$22.92M	-1.34%
2023-12-31	$23.23M	6.17%
2023-09-30	$21.88M	-0.30%
2023-06-30	$21.95M	-3.44%
2023-03-31	$22.73M	11.10%
2022-12-31	$20.46M	32.78%
2022-09-30	$15.41M	-1.26%
2022-06-30	$15.60M	-9.37%
2022-03-31	$17.22M	-11.22%
2021-12-31	$19.39M	8.57%
2021-09-30	$17.86M	2.15%
2021-06-30	$17.48M	-4.56%
2021-03-31	$18.32M	7.05%
2020-12-31	$17.11M	10.74%
2020-09-30	$15.45M	-2.65%
2020-06-30	$15.88M	-4.76%
2020-03-31	$16.67M	-10.46%
2019-12-31	$18.62M	-6.41%
2019-09-30	$19.89M	-8.37%
2019-06-30	$21.71M	-9.02%
2019-03-31	$23.86M	-8.64%
2018-12-31	$26.12M	-12.51%
2018-09-30	$29.85M	-8.87%
2018-06-30	$32.76M	-2.40%
2018-03-31	$33.57M	-1.02%
2017-12-31	$33.91M	1.26%
2017-09-30	$33.49M	-0.78%
2017-06-30	$33.76M	3.47%
2017-03-31	$32.62M	4.92%
2016-12-31	$31.09M	-2.16%
2016-09-30	$31.78M	2.43%
2016-06-30	$31.02M	6.50%
2016-03-31	$29.13M	-7.72%
2015-12-31	$31.57M	-2.73%
2015-09-30	$32.45M	-13.03%
2015-06-30	$37.31M	26.02%
2015-03-31	$29.61M	4.75%
2014-12-31	$28.27M	0.51%
2014-09-30	$28.12M	-9.01%
2014-06-30	$30.91M	19.10%
2014-03-31	$25.95M	2.76%
2013-12-31	$25.25M	9.80%
2013-09-30	$23.00M	-2.03%
2013-06-30	$23.48M	16.79%
2013-03-31	$20.10M	-2.54%
2012-12-31	$20.62M	8.89%
2012-09-30	$18.94M	-5.61%
2012-06-30	$20.07M	12.33%
2012-03-31	$17.86M	5.13%
2011-12-31	$16.99M	5.89%
2011-09-30	$16.05M	-14.91%
2011-06-30	$18.86M	10.88%
2011-03-31	$17.01M	10.23%
2010-12-31	$15.43M	14.53%
2010-09-30	$13.47M	2.11%
2010-06-30	$13.19M	-0.17%
2010-03-31	$13.22M	3.87%
2009-12-31	$12.72M	9.29%
2009-09-30	$11.64M	16.74%
2009-06-30	$9.97M	21.36%
2009-03-31	$8.22M	-53.28%
2008-12-31	$17.59M	74.26%
2008-09-30	$10.09M	4.57%
2008-06-30	$9.65M	5.74%
2008-03-31	$9.13M	-25.45%
2007-12-31	$12.24M	-

Westwood Group generated $23.72M in revenue during Q3 2024, up 3.52% compared to the previous quarter, and up 108.08% compared to the same period a year ago.

Westwood Group Revenue Breakdown

Westwood Group Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Trust performance-based fees	$349.00K	-	$101.00K	$366.00K	-
Investment Performance	$1.26M	$1.02M	$3.33M	$2.81M	$764.00K
Fiduciary and Trust	$20.24M	$21.69M	$24.03M	$23.56M	$25.48M
Asset Management	$67.39M	$46.69M	$45.93M	$38.03M	$57.03M

Westwood Group's latest annual revenue breakdown by segment (product or service), as of Dec 23: Asset Management (75.51%), Fiduciary and Trust (22.68%), Investment Performance (1.42%), and Trust performance-based fees (0.39%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Mar 24	Dec 23	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
Fiduciary and Trust	$5.45M	$5.23M	$5.11M	$5.12M	$5.06M	$5.02M	$5.03M	$5.43M	$5.18M	$5.37M	$5.71M	$5.80M	$5.95M	$6.22M	$6.07M	$6.17M	$5.79M	$5.66M	$5.95M	$6.22M
Asset Management	$17.77M	$17.14M	$16.82M	$16.66M	$16.90M	$16.80M	$17.03M	$13.44M	$10.47M	$10.98M	$11.79M	$12.08M	$12.01M	$11.38M	$10.45M	$8.75M	$8.85M	$9.33M	$11.10M	$12.77M
Investment Performance	-	-	-	$710.00K	-	-	$555.00K	-	-	-	$1.38M	-	-	$1.96M	$1.40M	$713.00K	$695.00K	-	$310.00K	-
Trust performance-based fees	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$289.00K	$37.00K	$40.00K	-	-	-

Westwood Group's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Asset Management (76.54%), and Fiduciary and Trust (23.46%).

Westwood Group Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
CANADA	$1.10M	$1.17M	$1.16M	-	-
UNITED STATES	$88.68M	$1.02M	$1.69M	$1.60M	-
Europe	-	-	$262.00K	$1.57M	$764.00K
Asia	-	-	-	-	-
AUSTRALIA	-	-	-	-	-

Westwood Group's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (98.77%), and CANADA (1.23%).

Quarterly Revenue by Country

Country	Sep 24	Jun 24	Mar 24	Dec 23	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
CANADA	$246.00K	$260.00K	$257.00K	$827.00K	$278.00K	-	-	$292.00K	$285.00K	$303.00K	$291.00K	$297.00K	$293.00K	$297.00K	$276.00K	$271.00K	-	-	$490.00K	$154.00K
UNITED STATES	$23.47M	$22.43M	$22.48M	$57.02M	$21.60M	$5.02M	$5.03M	$5.43M	$5.18M	$5.37M	$5.71M	$5.90M	$5.95M	$6.22M	$1.69M	$922.00K	$42.00K	$641.00K	$5.95M	$6.22M
Europe	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$262.00K	$767.00K	$708.00K	$94.00K	$1.01M	$310.00K
Asia	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-33.00K	-	-	$417.00K	$416.00K

Westwood Group's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (98.96%), and CANADA (1.04%).

WHG Revenue FAQ

What is Westwood Group’s yearly revenue?

Westwood Group's yearly revenue for 2023 was $89.78M, representing an increase of 30.72% compared to 2022. The company's yearly revenue for 2022 was $68.68M, representing a decrease of -5.99% compared to 2021. WHG's yearly revenue for 2021 was $73.05M, representing an increase of 12.20% compared to 2020.

What is Westwood Group’s quarterly revenue?

Westwood Group's quarterly revenue for Q3 2024 was $23.72M, a 3.52% increase from the previous quarter (Q2 2024), and a 8.40% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $22.91M, a -0.02% decrease from the previous quarter (Q1 2024), and a 4.41% increase year-over-year (Q2 2023). WHG's quarterly revenue for Q1 2024 was $22.92M, a -1.34% decrease from the previous quarter (Q4 2023), and a 0.84% increase year-over-year (Q1 2023).

What is Westwood Group’s revenue growth rate?

Westwood Group's revenue growth rate for the last 3 years (2021-2023) was 22.90%, and for the last 5 years (2019-2023) was 6.78%.

What are Westwood Group’s revenue streams?

Westwood Group's revenue streams in c 23 are Trust performance-based fees, Investment Performance, Fiduciary and Trust, and Asset Management. Trust performance-based fees generated $349K in revenue, accounting 0.39% of the company's total revenue Investment Performance generated $1.26M in revenue, accounting 1.42% of the company's total revenue, up 24.26% year-over-year. Fiduciary and Trust generated $20.24M in revenue, accounting 22.68% of the company's total revenue, down -6.66% year-over-year. Asset Management generated $67.39M in revenue, accounting 75.51% of the company's total revenue, up 44.35% year-over-year.

What is Westwood Group’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Westwood Group was Asset Management. This segment made a revenue of $67.39M, representing 75.51% of the company's total revenue.