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Side-by-side financial comparison of Blue Bird Corp (BLBD) and VIRTUS INVESTMENT PARTNERS, INC. (VRTS). Click either name above to swap in a different company.
Blue Bird Corp is the larger business by last-quarter revenue ($333.1M vs $208.0M, roughly 1.6× VIRTUS INVESTMENT PARTNERS, INC.). VIRTUS INVESTMENT PARTNERS, INC. runs the higher net margin — 16.3% vs 9.2%, a 7.0% gap on every dollar of revenue. On growth, Blue Bird Corp posted the faster year-over-year revenue change (6.1% vs -10.9%). Blue Bird Corp produced more free cash flow last quarter ($31.1M vs $-74.1M). Over the past eight quarters, Blue Bird Corp's revenue compounded faster (-1.9% CAGR vs -3.2%).
The Blue Bird Corporation is an American bus manufacturer. Headquartered in Fort Valley, Georgia, the company was best known for its production of school buses. The company has also manufactured a wide variety of other bus types, including transit buses, motorhomes, and specialty vehicles such as mobile libraries and mobile police command centers.
VIRTUS INVESTMENT PARTNERS, INC.VRTSEarnings & Financial Report
Virtus Investment Partners, Inc. is an American company which operates as a multi-manager asset management business, comprising a number of individual affiliated managers, each having its own investment process and brand, and the services of unaffiliated sub advisers.
BLBD vs VRTS — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $333.1M | $208.0M |
| Net Profit | $30.8M | $33.9M |
| Gross Margin | 21.4% | — |
| Operating Margin | 11.3% | 19.1% |
| Net Margin | 9.2% | 16.3% |
| Revenue YoY | 6.1% | -10.9% |
| Net Profit YoY | 7.1% | -14.2% |
| EPS (diluted) | $0.94 | $5.15 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $333.1M | $208.0M | ||
| Q3 25 | $409.4M | $216.4M | ||
| Q2 25 | $398.0M | $210.5M | ||
| Q1 25 | $358.9M | $217.9M | ||
| Q4 24 | $313.9M | $233.5M | ||
| Q3 24 | $350.2M | $227.0M | ||
| Q2 24 | $333.4M | $224.4M | ||
| Q1 24 | $345.9M | $222.0M |
| Q4 25 | $30.8M | $33.9M | ||
| Q3 25 | $36.5M | $31.3M | ||
| Q2 25 | $36.5M | $42.7M | ||
| Q1 25 | $26.0M | $28.1M | ||
| Q4 24 | $28.7M | $39.5M | ||
| Q3 24 | $24.7M | $49.1M | ||
| Q2 24 | $28.7M | $26.0M | ||
| Q1 24 | $26.0M | $37.9M |
| Q4 25 | 21.4% | — | ||
| Q3 25 | 21.1% | — | ||
| Q2 25 | 21.6% | — | ||
| Q1 25 | 19.7% | — | ||
| Q4 24 | 19.2% | — | ||
| Q3 24 | 17.0% | — | ||
| Q2 24 | 20.8% | — | ||
| Q1 24 | 18.4% | — |
| Q4 25 | 11.3% | 19.1% | ||
| Q3 25 | 12.3% | 21.7% | ||
| Q2 25 | 12.6% | 21.5% | ||
| Q1 25 | 9.4% | 16.8% | ||
| Q4 24 | 10.5% | 21.7% | ||
| Q3 24 | 7.3% | 24.3% | ||
| Q2 24 | 11.9% | 19.7% | ||
| Q1 24 | 10.4% | 14.5% |
| Q4 25 | 9.2% | 16.3% | ||
| Q3 25 | 8.9% | 14.5% | ||
| Q2 25 | 9.2% | 20.3% | ||
| Q1 25 | 7.3% | 12.9% | ||
| Q4 24 | 9.2% | 16.9% | ||
| Q3 24 | 7.0% | 21.6% | ||
| Q2 24 | 8.6% | 11.6% | ||
| Q1 24 | 7.5% | 17.1% |
| Q4 25 | $0.94 | $5.15 | ||
| Q3 25 | $1.11 | $4.65 | ||
| Q2 25 | $1.12 | $6.12 | ||
| Q1 25 | $0.79 | $4.05 | ||
| Q4 24 | $0.86 | $4.65 | ||
| Q3 24 | $0.71 | $5.71 | ||
| Q2 24 | $0.85 | $2.43 | ||
| Q1 24 | $0.79 | $4.10 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $241.7M | — |
| Total DebtLower is stronger | — | $390.0M |
| Stockholders' EquityBook value | $271.4M | $934.0M |
| Total Assets | $642.3M | $4.3B |
| Debt / EquityLower = less leverage | — | 0.42× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $241.7M | — | ||
| Q3 25 | $229.3M | — | ||
| Q2 25 | $173.1M | — | ||
| Q1 25 | $130.7M | — | ||
| Q4 24 | $136.1M | — | ||
| Q3 24 | $127.7M | — | ||
| Q2 24 | $88.4M | — | ||
| Q1 24 | $93.1M | — |
| Q4 25 | — | $390.0M | ||
| Q3 25 | — | $390.6M | ||
| Q2 25 | — | $231.3M | ||
| Q1 25 | — | $231.7M | ||
| Q4 24 | — | $232.1M | ||
| Q3 24 | — | $237.5M | ||
| Q2 24 | — | $247.6M | ||
| Q1 24 | — | $253.0M |
| Q4 25 | $271.4M | $934.0M | ||
| Q3 25 | $255.4M | $918.7M | ||
| Q2 25 | $221.8M | $896.4M | ||
| Q1 25 | $190.4M | $893.7M | ||
| Q4 24 | $179.7M | $897.5M | ||
| Q3 24 | $159.6M | $889.0M | ||
| Q2 24 | $137.3M | $868.7M | ||
| Q1 24 | $105.8M | $871.7M |
| Q4 25 | $642.3M | $4.3B | ||
| Q3 25 | $625.3M | $3.9B | ||
| Q2 25 | $575.5M | $3.7B | ||
| Q1 25 | $543.7M | $3.7B | ||
| Q4 24 | $535.2M | $4.0B | ||
| Q3 24 | $524.9M | $3.6B | ||
| Q2 24 | $468.1M | $3.6B | ||
| Q1 24 | $456.5M | $3.5B |
| Q4 25 | — | 0.42× | ||
| Q3 25 | — | 0.43× | ||
| Q2 25 | — | 0.26× | ||
| Q1 25 | — | 0.26× | ||
| Q4 24 | — | 0.26× | ||
| Q3 24 | — | 0.27× | ||
| Q2 24 | — | 0.29× | ||
| Q1 24 | — | 0.29× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $36.6M | $-67.2M |
| Free Cash FlowOCF − Capex | $31.1M | $-74.1M |
| FCF MarginFCF / Revenue | 9.3% | -35.6% |
| Capex IntensityCapex / Revenue | 1.6% | 3.3% |
| Cash ConversionOCF / Net Profit | 1.19× | -1.99× |
| TTM Free Cash FlowTrailing 4 quarters | $162.6M | $100.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $36.6M | $-67.2M | ||
| Q3 25 | $65.1M | $108.3M | ||
| Q2 25 | $56.9M | $75.8M | ||
| Q1 25 | $27.8M | $-3.8M | ||
| Q4 24 | $26.4M | $1.8M | ||
| Q3 24 | $55.4M | $69.1M | ||
| Q2 24 | $989.0K | $70.0M | ||
| Q1 24 | $54.6M | $-34.5M |
| Q4 25 | $31.1M | $-74.1M | ||
| Q3 25 | $60.5M | $106.9M | ||
| Q2 25 | $52.3M | $74.2M | ||
| Q1 25 | $18.7M | $-6.8M | ||
| Q4 24 | $21.8M | $-3.8M | ||
| Q3 24 | $50.2M | $68.7M | ||
| Q2 24 | $-3.5M | $68.6M | ||
| Q1 24 | $51.8M | $-36.5M |
| Q4 25 | 9.3% | -35.6% | ||
| Q3 25 | 14.8% | 49.4% | ||
| Q2 25 | 13.1% | 35.2% | ||
| Q1 25 | 5.2% | -3.1% | ||
| Q4 24 | 7.0% | -1.6% | ||
| Q3 24 | 14.3% | 30.3% | ||
| Q2 24 | -1.1% | 30.6% | ||
| Q1 24 | 15.0% | -16.4% |
| Q4 25 | 1.6% | 3.3% | ||
| Q3 25 | 1.1% | 0.7% | ||
| Q2 25 | 1.2% | 0.7% | ||
| Q1 25 | 2.5% | 1.4% | ||
| Q4 24 | 1.5% | 2.4% | ||
| Q3 24 | 1.5% | 0.2% | ||
| Q2 24 | 1.3% | 0.6% | ||
| Q1 24 | 0.8% | 0.9% |
| Q4 25 | 1.19× | -1.99× | ||
| Q3 25 | 1.78× | 3.45× | ||
| Q2 25 | 1.56× | 1.77× | ||
| Q1 25 | 1.07× | -0.13× | ||
| Q4 24 | 0.92× | 0.04× | ||
| Q3 24 | 2.24× | 1.41× | ||
| Q2 24 | 0.03× | 2.69× | ||
| Q1 24 | 2.10× | -0.91× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BLBD
| Alternative Fuel Buses | $151.4M | 45% |
| Diesel Buses | $144.9M | 43% |
| Parts | $24.8M | 7% |
| Other | $12.1M | 4% |
VRTS
| Open End Funds | $68.9M | 33% |
| Retail Separate Accounts | $51.3M | 25% |
| Institutional Accounts | $39.6M | 19% |
| Administration And Shareholder Service Fees | $18.4M | 9% |
| Closed End Funds | $15.9M | 8% |
| Distribution And Service Fees | $12.3M | 6% |
