Virtus Investment Partners (VRTS) Operating Margin (2010 - 2026)
Virtus Investment Partners (VRTS) recorded Operating Margin of 13.57% in Q2 2026, down 7.91 percentage points from 21.47% a year earlier but up 5.83 percentage points from the prior quarter.
Virtus Investment Partners (VRTS) Operating Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Virtus Investment Partners' Operating Margin came in at 15.71% as of Jun 30, 2026, down 5.41 percentage points year-over-year; for FY2025, it was 19.78%, down 0.34 percentage points from FY2024.
- Annual Operating Margin has a five-year change of -3.93 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at 20.12% in FY2024 (+2.20 pp), 17.92% in FY2023 (-4.36 pp), 22.28% in FY2022 (-10.96 pp) and 33.24% in FY2021 (+9.53 pp).
- Quarterly Operating Margin has ranged from 7.74% in Q1 2026 to 37.01% in Q3 2021 over the past five years.
- On a year-over-year basis, Operating Margin has declined for four consecutive quarters, with an average year-over-year change of -1.34 percentage points over the last eight quarters.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 10.51 percentage points in Q3 2021, against a drop of 16.07 percentage points in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 7.74% (Q1 2026), 19.14% (Q4 2025) and 21.75% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 166.01 Bn | 112.36 Bn | - | 34.74% |
| 2 | Spdr Gold Trust | 133.03 Bn | -424.98 Bn | - | - |
| 3 | Blackstone | 86.20 Bn | 81.13 Bn | - | - |
| 4 | Kkr | 83.71 Bn | 50.19 Bn | - | - |
| 5 | Brookfield | 81.54 Bn | -83.85 Bn | 4.47 Bn | -53.96% |
| 6 | Brookfield Asset Management | 71.09 Bn | 67.34 Bn | - | - |
| 7 | Apollo Global Management | 68.54 Bn | 6.22 Bn | 10.56 Bn | 16.30% |
| 8 | Wheaton Precious Metals | 61.57 Bn | 57.00 Bn | 687.86 Mn | 71.79% |
| 9 | Franco Nevada | 47.40 Bn | 44.76 Bn | 451.00 Mn | 76.73% |
| 10 | Virtus Investment Partners | 859.09 Mn | -865.31 Mn | - | 13.57% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.57% |
| Mar 31, 2026 | 7.74% |
| Dec 31, 2025 | 19.14% |
| Sep 30, 2025 | 21.75% |
| Jun 30, 2025 | 21.47% |
| Mar 31, 2025 | 16.79% |
| Dec 31, 2024 | 21.72% |
| Sep 30, 2024 | 24.34% |
| Jun 30, 2024 | 19.70% |
| Mar 31, 2024 | 14.55% |
| Dec 31, 2023 | 18.15% |
| Sep 30, 2023 | 20.48% |
| Jun 30, 2023 | 18.29% |
| Mar 31, 2023 | 14.44% |
| Dec 31, 2022 | 15.74% |
| Sep 30, 2022 | 20.93% |
| Jun 30, 2022 | 25.15% |
| Mar 31, 2022 | 25.97% |
| Dec 31, 2021 | 31.42% |
| Sep 30, 2021 | 37.01% |
Virtus Investment Partners Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=VRTS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "VRTS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=VRTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();