VRTS (Virtus Investment Partners) EBIT: $324.7 Mil (TTM As of Mar. 2026)

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VRTS Virtus Investment Partners Inc VRTS
70 GF Score
Price $165.16
GF Value $198.74
Valuation Modestly Undervalued
! 11 Warning Signs
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What is Virtus Investment Partners EBIT?

Virtus Investment Partners VRTS +1.02% 70 EBIT is $324.7 Mil as of Mar. 2026. GuruFocus rates VRTS with a GF Score™ of 70/100 and a GF Value™ of $198.74 (Modestly Undervalued). The stock has 11 warning signs investors should review.

Virtus Investment Partners's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $54.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $324.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Virtus Investment Partners's annualized ROC % for the quarter that ended in Mar. 2026 was 0.88%. Virtus Investment Partners's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 222.20%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Virtus Investment Partners's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.53%.


Virtus Investment Partners  (NYSE:VRTS) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Virtus Investment Partners's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=74.912 * ( 1 - 53.76% )/( (3710.281 + 4183.246)/ 2 )
=34.6393088/3946.7635
=0.88 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4291.2 - 152.737 - ( 477.169 - max(0, 152.737 - 580.919+477.169))
=3710.281

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4562.083 - 222.779 - ( 273.468 - max(0, 222.779 - 378.837+273.468))
=4183.246

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Virtus Investment Partners's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=216.6/( ( (97.057 + max(-48.987, 0)) + (97.9 + max(-117.41, 0)) )/ 2 )
=216.6/( ( 97.057 + 97.9 )/ 2 )
=216.6/97.4785
=222.20 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(102.733 + 0 + 1.0169999999999) - (152.737 + 0 + 0)
=-48.987

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(104.397 + 0 + 0.97199999999998) - (222.779 + 0 + 0)
=-117.41

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Virtus Investment Partners's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=324.688/3804.246
=8.53 %

* 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 EBIT Related Terms


Virtus Investment Partners EBIT Historical Data

* Premium members only.

The historical data trend for Virtus Investment Partners's EBIT 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.

Virtus Investment Partners EBIT Chart

Virtus Investment Partners Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 423.31 257.30 365.33 391.20 349.63

Virtus Investment Partners Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EBIT 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 93.21 83.06 93.84 54.15 93.64

VRTS vs AOD, FPF, CRF: EBIT Comparison

For the Asset Management subindustry, Virtus Investment Partners's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Virtus Investment Partners's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Virtus Investment Partners's EV-to-EBIT falls into.


VRTS
70GF Score
Virtus Investment Partners Inc VRTS
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Virtus Investment Partners EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $324.7 Mil.

* 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 EBIT →
What does a EBIT of $324.7 Mil mean?
Virtus Investment Partners (VRTS) has a EBIT of $324.7 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Virtus Investment Partners.
Is Virtus Investment Partners' EBIT too high?
Virtus Investment Partners' current EBIT is $324.7 Mil. Overall, Virtus Investment Partners has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Virtus Investment Partners' EBIT compare to AOD and FPF?
Virtus Investment Partners' EBIT of $324.7 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Asset Management company?
A good EBIT depends on the Asset Management industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Virtus Investment Partners. Virtus Investment Partners's current EBIT is $324.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Virtus Investment Partners stock overvalued right now?
Based on GuruFocus' analysis, Virtus Investment Partners (VRTS) is currently considered Modestly Undervalued. The stock's GF Value™ is $198.74, compared to a current price of $165.16 — trading 16.9% below its estimated fair value. The current EBIT is $324.7 Mil. Virtus Investment Partners' overall GF Score™ is 70/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Virtus Investment Partners (VRTS), the current EBIT is $324.7 Mil as of Mar. 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 Virtus Investment Partners (VRTS) Overvalued in 2026?

Based on GuruFocus' analysis, Virtus Investment Partners stock appears to be undervalued. The current stock price of $165.16 is trading 16.9% below its estimated GF Value™ of $198.74. GuruFocus considers Virtus Investment Partners to be Modestly Undervalued.

Key valuation signals for VRTS:

  • EBIT: $324.7 Mil
  • GF Value™: $198.74 vs. price of $165.16 (16.9% below fair value)
  • GF Score™: 70/100 with 11 warning signs

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


Virtus Investment Partners Business Description

Other Exchanges VIP:Germany
Address One Financial Plaza, Hartford, CT, USA, 06103
Virtus Investment Partners Inc provides investment management and related services to institutions and individuals. It uses a multi-manager, multi-style approach, offering investment strategies from investment managers, each having its distinct investment style, autonomous investment process, and individual brand, as well as from select unaffiliated managers for certain funds. Through its multi-manager model, the group provides investment managers with distribution, business, and operational support. The Company operates in one business segment, namely as an asset manager providing investment management and related services for individual and institutional clients.
70GF Score

Get the complete analysis for VRTS

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

$165.16
Price
$198.74
GF Value