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VIRT (Virtu Financial) Tax Rate % : 13.09% (As of Dec. 2024)


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What is Virtu Financial Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Virtu Financial's Tax Expense for the three months ended in Dec. 2024 was $27 Mil. Virtu Financial's Pre-Tax Income for the three months ended in Dec. 2024 was $203 Mil. Therefore, Virtu Financial's Tax Rate % for the quarter that ended in Dec. 2024 was 13.09%.

Virtu Financial Tax Rate % Historical Data

The historical data trend for Virtu Financial's Tax Rate % 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.

* Premium members only.

Virtu Financial Tax Rate % Chart

Virtu Financial Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.94 17.02 15.89 18.83 17.12

Virtu Financial Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Tax Rate % 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 60.10 20.39 17.55 19.12 13.09

Virtu Financial Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Virtu Financial's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=110.435/644.97
=17.12 %

Virtu Financial's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=26.518/202.605
=13.09 %

* 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 Tax Rate % Related Terms

Thank you for viewing the detailed overview of Virtu Financial's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Virtu Financial Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Virtu Financial Inc (NAS:VIRT) » Definitions » Tax Rate %
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MRX CLSK RIOT IREN PJT SNEX CIFR HUT BGC LAZ MS GS SCHW SHSE:600030 ASX:MQG HOOD BSP:BPAC3 TW LPLA IBKR
Traded in Other Exchanges
VIRT:Mexico 0A7X:UK 0VF:Germany
Address
1633 Broadway, New York, NY, USA, 10019
Website
https://www.virtu.com
Virtu Financial Inc is a technology-enabled market maker and liquidity provider to the financial markets. 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.
Executives
Stephen Cavoli officer: EVP 300 VESEY STREET, NEW YORK NY 10282
Brett Fairclough officer: COO ONE LIBERTY PLAZA, 165 BROADWAY, NEW YORK NY 10006
Virginia Gambale director C/O JETBLUE AIRWAYS CORP., 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Douglas A Cifu director, officer: CEO ONE LIBERTY PLAZA, 165 BROADWAY, NEW YORK NY 10006
Joseph Molluso officer: EX VP & CFO 645 MADISON AVENUE, NEW YORK NY 10022-1010
Joanne Minieri director 100 VENTERANS MEMORIAL HIGHWAY, 11TH FL, HAUPPAUGE NY 11788
Gic Private Ltd 10 percent owner 168 ROBINSON ROAD, #37-01 CAPITAL TOWER, SINGAPORE U0 068912
Coral Blue Investment Pte. Ltd. 10 percent owner 168 ROBINSON ROAD 37-01 CAPITAL TOWER, SINGAPORE U0 068912
North Island Ventures, Llc 10 percent owner 51 WEST 52ND STREET, 30TH FLOOR, NEW YORK NY 10019
Sean Galvin officer: CFO 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310
Public Sector Pension Investment Board 10 percent owner 1250 RENE-LEVESQUE BLVD WEST, SUITE 1400, MONTREAL A8 H3B 5E9
Temasek Holdings (private) Ltd 10 percent owner 60B ORCHARD ROAD #06-18 TOWER 2, THE ATRIUM@ORCHARD, SINGAPORE U0 238891
Joseph C. Grano director 1185 AVENUE OF THE AMERICAS, SUITE 1750, NEW YORK NY 10036
Alexander M. Ioffe officer: CFO ONE LIBERTY PLAZA, 165 BROADWAY, NEW YORK NY 10006
Hyungtaek Kim officer: CAO ONE LIBERTY PLAZA, 165 BROADWAY, NEW YORK NY 10006