VIRT (Virtu Financial) Debt-to-Equity: 5.77 (As of Jun. 2026) — 51% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

VIRT Virtu Financial Inc VIRT
80 GF Score
Price $61.19
GF Value $45.24
Valuation Significantly Overvalued
! 11 Warning Signs
View Full Analysis

What is Virtu Financial Debt-to-Equity?

Virtu Financial VIRT +2.02% 80 Debt-to-Equity is 5.77 as of Jun. 2026, which is 51% above its 10-year median of 3.83. GuruFocus rates VIRT with a GF Score™ of 80/100 and a GF Value™ of $45.24 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 610 Capital Markets companies, Virtu Financial ranks worse than 97.38% on this metric.

Virtu Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $354 Mil. Virtu Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $10,424 Mil. Virtu Financial's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $1,868 Mil. Virtu Financial's debt to equity for the quarter that ended in Jun. 2026 was 5.77.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Virtu Financial's Debt-to-Equity or its related term are showing as below:

VIRT' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.03   Med: 3.83   Max: 14
Current: 5.77

During the past 13 years, the highest Debt-to-Equity Ratio of Virtu Financial was 14.00. The lowest was 2.03. And the median was 3.83.

VIRT's Debt-to-Equity is ranked worse than
97.38% of 610 companies
in the Capital Markets industry
Industry Median: 0.32 vs VIRT: 5.77

Virtu Financial  (NYSE:VIRT) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Virtu Financial Debt-to-Equity Related Terms


Virtu Financial Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Virtu Financial's Debt-to-Equity 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.

Virtu Financial Debt-to-Equity Chart

Virtu Financial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.33 2.78 4.27 5.61 5.67

Virtu Financial Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.35 5.74 5.67 5.85 5.77

VIRT vs PIPR, MC, BGC: Debt-to-Equity Comparison

For the Capital Markets subindustry, Virtu Financial's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


Virtu Financial Debt-to-Equity vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Virtu Financial's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Virtu Financial's Debt-to-Equity falls into.


VIRT
80GF Score
Virtu Financial Inc VIRT
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Virtu Financial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Virtu Financial's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Virtu Financial's Debt to Equity Ratio for the quarter that ended in Jun. 2026 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 5.77 mean?
Virtu Financial (VIRT) has a Debt-to-Equity of 5.77 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Virtu Financial and its competitors. This is 51% above median its historical median of 3.83. Over the past decade, Virtu Financial's Debt-to-Equity has ranged from 2.03 to 14.00. According to the industry distribution chart, Virtu Financial ranks #594 out of 610 companies in the Capital Markets industry, placing it in the top 97.4%.
Is Virtu Financial's Debt-to-Equity too high?
Virtu Financial's current Debt-to-Equity of 5.77 is 51% above median its 10-year median of 3.83. Over the past 10 years, this metric has ranged from a low of 2.03 to a high of 14.00. The Capital Markets industry median Debt-to-Equity is 0.32. Virtu Financial's value of 5.77 is 1703.1% above this industry median. Based on the distribution chart, Virtu Financial ranks #594 out of 610 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Virtu Financial has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Virtu Financial's Debt-to-Equity compare to PIPR and MC?
According to the Capital Markets industry distribution chart, Virtu Financial ranks #594 out of 610 companies for Debt-to-Equity. This places Virtu Financial in the lower half of its industry. The industry median Debt-to-Equity is 0.32. Virtu Financial's value of 5.77 is 1703.1% above this benchmark. Historically, Virtu Financial's own Debt-to-Equity has ranged from 2.03 to 14.00 over the past decade. While the company's 10-year median is 3.83 vs. the industry median of 0.32, Virtu Financial has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Capital Markets company?
The median Debt-to-Equity among Capital Markets companies is 0.32, based on 610 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Virtu Financial's current Debt-to-Equity of 5.77 is 1703.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Virtu Financial and its competitors. For the Capital Markets industry, the median Debt-to-Equity is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Virtu Financial's current Debt-to-Equity is 5.77, which is 51% above median its own 10-year median of 3.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Virtu Financial stock overvalued right now?
Based on GuruFocus' analysis, Virtu Financial (VIRT) is currently considered Significantly Overvalued. The stock's GF Value™ is $45.24, compared to a current price of $61.19 — trading 35.3% above its estimated fair value. The current Debt-to-Equity is 5.77, which is 51% above median its 10-year median of 3.83 and 1703.1% above the Capital Markets industry median of 0.32. Virtu Financial's overall GF Score™ is 80/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Virtu Financial (VIRT), the current Debt-to-Equity is 5.77 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Virtu Financial (VIRT) Overvalued in 2026?

Based on GuruFocus' analysis, Virtu Financial stock appears to be overvalued. The current stock price of $61.19 is trading 35.3% above its estimated GF Value™ of $45.24. GuruFocus considers Virtu Financial to be Significantly Overvalued.

Key valuation signals for VIRT:

  • Debt-to-Equity: 5.77 (51% above median its 10-year median of 3.83)
  • GF Value™: $45.24 vs. price of $61.19 (35.3% above fair value)
  • GF Score™: 80/100 with 11 warning signs
  • Industry Position: 1703.1% above the Capital Markets median (#594 of 610)

No single metric tells the full story. See the VIRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Virtu Financial Business Description

Address 1633 Broadway, New York, NY, USA, 10019
Virtu Financial Inc is a financial firm that leverages technology to deliver liquidity to the world-wide markets and transparent trading solutions to its clients. The company's operating segment includes Market Making; and Execution Services. The non-operating segment of the company includes the Corporate segment. The company generates maximum revenue from the market-making segment. The Market Making segment principally consists of market-making in the cash, futures, and options markets across equities, options, fixed income, currencies, and commodities. Geographically, it derives a majority of its revenue from the United States and also has a presence in Ireland and Other Countries.
80GF Score

Get the complete analysis for VIRT

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$61.19
Price
$45.24
GF Value