Net margin is calculated as Net Income divided by its Revenue. Virtus Investment Partners's Net Income for the
three
months ended in Dec. 2023 was $30.8 Mil. Virtus Investment Partners's Revenue for the
three
months ended in Dec. 2023 was $213.9 Mil. Therefore, Virtus Investment Partners's net margin for the quarter that ended in Dec. 2023 was 14.42%.
The historical rank and industry rank for Virtus Investment Partners's Net Margin % or its related term are showing as below:
VRTS'
s Net Margin % Range Over the Past 10 Years
Min: 8.72 Med: 14.39 Max: 21.78
Current: 15.52
VRTS's Net Margin % is ranked worse than 74.87% of 1671
companies
in the Asset Management industry
Industry Median: 86.04
vs VRTS: 15.52
Virtus Investment Partners Net Margin % Historical Data
The historical data trend for Virtus Investment Partners's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Virtus Investment Partners's Net Margin %
For the Asset Management subindustry, Virtus Investment Partners's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Virtus Investment Partners's Net Margin % Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Virtus Investment Partners's Net Margin % distribution charts can be found below:
* The bar in red indicates where Virtus Investment Partners's Net Margin % falls into.
Virtus Investment Partners Net Margin % Calculation
Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.
Virtus Investment Partners's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Virtus Investment Partners (NYSE:VRTS) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Virtus Investment Partners Net Margin % Related Terms
Thank you for viewing the detailed overview of Virtus Investment Partners's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Virtus Investment Partners (Virtus Investment Partners) Business Description
Virtus Investment Partners Inc provides investment management and related services to individuals and institutions. Its retail products include open-end mutual funds, closed-end funds, exchange-traded funds, and variable insurance funds. Geographically, the activities are carried out through the region of the US and the group generates revenue through investment management fees, distribution and service fees and administration and shareholder service fees.
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