vs
Side-by-side financial comparison of CSW INDUSTRIALS, INC. (CSW) and VIRTUS INVESTMENT PARTNERS, INC. (VRTS). Click either name above to swap in a different company.
CSW INDUSTRIALS, INC. is the larger business by last-quarter revenue ($233.0M vs $208.0M, roughly 1.1× VIRTUS INVESTMENT PARTNERS, INC.). VIRTUS INVESTMENT PARTNERS, INC. runs the higher net margin — 16.3% vs 4.4%, a 11.9% gap on every dollar of revenue. On growth, CSW INDUSTRIALS, INC. posted the faster year-over-year revenue change (20.3% vs -10.9%). CSW INDUSTRIALS, INC. produced more free cash flow last quarter ($22.7M vs $-74.1M). Over the past eight quarters, CSW INDUSTRIALS, INC.'s revenue compounded faster (5.1% CAGR vs -3.2%).
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.
CSW vs VRTS — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $233.0M | $208.0M |
| Net Profit | $10.3M | $33.9M |
| Gross Margin | 39.7% | — |
| Operating Margin | 7.4% | 19.1% |
| Net Margin | 4.4% | 16.3% |
| Revenue YoY | 20.3% | -10.9% |
| Net Profit YoY | -61.9% | -14.2% |
| EPS (diluted) | $0.62 | $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 | $233.0M | $208.0M | ||
| Q3 25 | $277.0M | $216.4M | ||
| Q2 25 | $263.6M | $210.5M | ||
| Q1 25 | $230.5M | $217.9M | ||
| Q4 24 | $193.6M | $233.5M | ||
| Q3 24 | $227.9M | $227.0M | ||
| Q2 24 | $226.2M | $224.4M | ||
| Q1 24 | $210.9M | $222.0M |
| Q4 25 | $10.3M | $33.9M | ||
| Q3 25 | $40.7M | $31.3M | ||
| Q2 25 | $40.9M | $42.7M | ||
| Q1 25 | $35.1M | $28.1M | ||
| Q4 24 | $26.9M | $39.5M | ||
| Q3 24 | $36.1M | $49.1M | ||
| Q2 24 | $38.6M | $26.0M | ||
| Q1 24 | $31.8M | $37.9M |
| Q4 25 | 39.7% | — | ||
| Q3 25 | 43.0% | — | ||
| Q2 25 | 43.8% | — | ||
| Q1 25 | 44.2% | — | ||
| Q4 24 | 41.4% | — | ||
| Q3 24 | 45.6% | — | ||
| Q2 24 | 47.5% | — | ||
| Q1 24 | 44.4% | — |
| Q4 25 | 7.4% | 19.1% | ||
| Q3 25 | 20.5% | 21.7% | ||
| Q2 25 | 20.8% | 21.5% | ||
| Q1 25 | 19.5% | 16.8% | ||
| Q4 24 | 15.3% | 21.7% | ||
| Q3 24 | 22.6% | 24.3% | ||
| Q2 24 | 24.3% | 19.7% | ||
| Q1 24 | 21.0% | 14.5% |
| Q4 25 | 4.4% | 16.3% | ||
| Q3 25 | 14.7% | 14.5% | ||
| Q2 25 | 15.5% | 20.3% | ||
| Q1 25 | 15.2% | 12.9% | ||
| Q4 24 | 13.9% | 16.9% | ||
| Q3 24 | 15.8% | 21.6% | ||
| Q2 24 | 17.1% | 11.6% | ||
| Q1 24 | 15.1% | 17.1% |
| Q4 25 | $0.62 | $5.15 | ||
| Q3 25 | $2.41 | $4.65 | ||
| Q2 25 | $2.43 | $6.12 | ||
| Q1 25 | $2.05 | $4.05 | ||
| Q4 24 | $1.60 | $4.65 | ||
| Q3 24 | $2.26 | $5.71 | ||
| Q2 24 | $2.47 | $2.43 | ||
| Q1 24 | $2.03 | $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 | $40.2M | — |
| Total DebtLower is stronger | — | $390.0M |
| Stockholders' EquityBook value | $1.1B | $934.0M |
| Total Assets | $2.3B | $4.3B |
| Debt / EquityLower = less leverage | — | 0.42× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $40.2M | — | ||
| Q3 25 | $31.5M | — | ||
| Q2 25 | $38.0M | — | ||
| Q1 25 | $225.8M | — | ||
| Q4 24 | $213.8M | — | ||
| Q3 24 | $273.2M | — | ||
| Q2 24 | $18.9M | — | ||
| Q1 24 | $22.2M | — |
| Q4 25 | — | $390.0M | ||
| Q3 25 | — | $390.6M | ||
| Q2 25 | — | $231.3M | ||
| Q1 25 | $800.1M | $231.7M | ||
| Q4 24 | — | $232.1M | ||
| Q3 24 | — | $237.5M | ||
| Q2 24 | — | $247.6M | ||
| Q1 24 | $166.0M | $253.0M |
| Q4 25 | $1.1B | $934.0M | ||
| Q3 25 | $1.1B | $918.7M | ||
| Q2 25 | $1.1B | $896.4M | ||
| Q1 25 | $1.1B | $893.7M | ||
| Q4 24 | $1.0B | $897.5M | ||
| Q3 24 | $1.0B | $889.0M | ||
| Q2 24 | $650.2M | $868.7M | ||
| Q1 24 | $615.7M | $871.7M |
| Q4 25 | $2.3B | $4.3B | ||
| Q3 25 | $1.5B | $3.9B | ||
| Q2 25 | $1.5B | $3.7B | ||
| Q1 25 | $1.4B | $3.7B | ||
| Q4 24 | $1.4B | $4.0B | ||
| Q3 24 | $1.4B | $3.6B | ||
| Q2 24 | $1.1B | $3.6B | ||
| Q1 24 | $1.0B | $3.5B |
| Q4 25 | — | 0.42× | ||
| Q3 25 | — | 0.43× | ||
| Q2 25 | — | 0.26× | ||
| Q1 25 | 0.75× | 0.26× | ||
| Q4 24 | — | 0.26× | ||
| Q3 24 | — | 0.27× | ||
| Q2 24 | — | 0.29× | ||
| Q1 24 | 0.27× | 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 | $28.9M | $-67.2M |
| Free Cash FlowOCF − Capex | $22.7M | $-74.1M |
| FCF MarginFCF / Revenue | 9.8% | -35.6% |
| Capex IntensityCapex / Revenue | 2.6% | 3.3% |
| Cash ConversionOCF / Net Profit | 2.81× | -1.99× |
| TTM Free Cash FlowTrailing 4 quarters | $162.0M | $100.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $28.9M | $-67.2M | ||
| Q3 25 | $61.8M | $108.3M | ||
| Q2 25 | $60.6M | $75.8M | ||
| Q1 25 | $27.3M | $-3.8M | ||
| Q4 24 | $11.6M | $1.8M | ||
| Q3 24 | $66.8M | $69.1M | ||
| Q2 24 | $62.7M | $70.0M | ||
| Q1 24 | $22.4M | $-34.5M |
| Q4 25 | $22.7M | $-74.1M | ||
| Q3 25 | $58.7M | $106.9M | ||
| Q2 25 | $57.7M | $74.2M | ||
| Q1 25 | $22.8M | $-6.8M | ||
| Q4 24 | $8.5M | $-3.8M | ||
| Q3 24 | $61.3M | $68.7M | ||
| Q2 24 | $59.6M | $68.6M | ||
| Q1 24 | $17.5M | $-36.5M |
| Q4 25 | 9.8% | -35.6% | ||
| Q3 25 | 21.2% | 49.4% | ||
| Q2 25 | 21.9% | 35.2% | ||
| Q1 25 | 9.9% | -3.1% | ||
| Q4 24 | 4.4% | -1.6% | ||
| Q3 24 | 26.9% | 30.3% | ||
| Q2 24 | 26.3% | 30.6% | ||
| Q1 24 | 8.3% | -16.4% |
| Q4 25 | 2.6% | 3.3% | ||
| Q3 25 | 1.1% | 0.7% | ||
| Q2 25 | 1.1% | 0.7% | ||
| Q1 25 | 2.0% | 1.4% | ||
| Q4 24 | 1.6% | 2.4% | ||
| Q3 24 | 2.4% | 0.2% | ||
| Q2 24 | 1.4% | 0.6% | ||
| Q1 24 | 2.3% | 0.9% |
| Q4 25 | 2.81× | -1.99× | ||
| Q3 25 | 1.52× | 3.45× | ||
| Q2 25 | 1.48× | 1.77× | ||
| Q1 25 | 0.78× | -0.13× | ||
| Q4 24 | 0.43× | 0.04× | ||
| Q3 24 | 1.85× | 1.41× | ||
| Q2 24 | 1.62× | 2.69× | ||
| Q1 24 | 0.71× | -0.91× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CSW
| Contractor Solutions Segment | $166.3M | 71% |
| Specialized Reliability Solutions Segment | $38.2M | 16% |
| Engineered Building Solutions Segment | $28.5M | 12% |
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% |
