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Side-by-side financial comparison of Great Lakes Dredge & Dock CORP (GLDD) and VIRTUS INVESTMENT PARTNERS, INC. (VRTS). Click either name above to swap in a different company.
Great Lakes Dredge & Dock CORP is the larger business by last-quarter revenue ($256.5M vs $199.5M, roughly 1.3× VIRTUS INVESTMENT PARTNERS, INC.). Great Lakes Dredge & Dock CORP runs the higher net margin — 4.9% vs 3.6%, a 1.4% gap on every dollar of revenue. On growth, Great Lakes Dredge & Dock CORP posted the faster year-over-year revenue change (26.5% vs -4.1%). Over the past eight quarters, Great Lakes Dredge & Dock CORP's revenue compounded faster (13.6% CAGR vs -5.7%).
Great Lakes Dredge and Dock Company is an American company providing construction services in dredging and land reclamation, currently the largest such provider in the United States. GLD&D operates primarily in the United States but conducts one-quarter of its business overseas. The company was based in Oak Brook, Illinois, but in October 2020 relocated its corporate headquarters to Houston, Texas.
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.
GLDD vs VRTS — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $256.5M | $199.5M |
| Net Profit | $12.6M | $7.1M |
| Gross Margin | 20.9% | — |
| Operating Margin | 12.7% | 7.7% |
| Net Margin | 4.9% | 3.6% |
| Revenue YoY | 26.5% | -4.1% |
| Net Profit YoY | -35.9% | -78.1% |
| EPS (diluted) | $0.19 | $1.05 |
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.
| Q1 26 | — | $199.5M | ||
| Q4 25 | $256.5M | $208.0M | ||
| Q3 25 | $195.2M | $216.4M | ||
| Q2 25 | $193.8M | $210.5M | ||
| Q1 25 | $242.9M | $217.9M | ||
| Q4 24 | $202.8M | $233.5M | ||
| Q3 24 | $191.2M | $227.0M | ||
| Q2 24 | $170.1M | $224.4M |
| Q1 26 | — | $7.1M | ||
| Q4 25 | $12.6M | $33.9M | ||
| Q3 25 | $17.7M | $31.3M | ||
| Q2 25 | $9.7M | $42.7M | ||
| Q1 25 | $33.4M | $28.1M | ||
| Q4 24 | $19.7M | $39.5M | ||
| Q3 24 | $8.9M | $49.1M | ||
| Q2 24 | $7.7M | $26.0M |
| Q1 26 | — | — | ||
| Q4 25 | 20.9% | — | ||
| Q3 25 | 22.4% | — | ||
| Q2 25 | 18.9% | — | ||
| Q1 25 | 28.6% | — | ||
| Q4 24 | 24.1% | — | ||
| Q3 24 | 19.0% | — | ||
| Q2 24 | 17.5% | — |
| Q1 26 | — | 7.7% | ||
| Q4 25 | 12.7% | 19.1% | ||
| Q3 25 | 14.4% | 21.7% | ||
| Q2 25 | 8.8% | 21.5% | ||
| Q1 25 | 20.6% | 16.8% | ||
| Q4 24 | 14.8% | 21.7% | ||
| Q3 24 | 8.7% | 24.3% | ||
| Q2 24 | 8.6% | 19.7% |
| Q1 26 | — | 3.6% | ||
| Q4 25 | 4.9% | 16.3% | ||
| Q3 25 | 9.1% | 14.5% | ||
| Q2 25 | 5.0% | 20.3% | ||
| Q1 25 | 13.8% | 12.9% | ||
| Q4 24 | 9.7% | 16.9% | ||
| Q3 24 | 4.6% | 21.6% | ||
| Q2 24 | 4.5% | 11.6% |
| Q1 26 | — | $1.05 | ||
| Q4 25 | $0.19 | $5.15 | ||
| Q3 25 | $0.26 | $4.65 | ||
| Q2 25 | $0.14 | $6.12 | ||
| Q1 25 | $0.49 | $4.05 | ||
| Q4 24 | $0.29 | $4.65 | ||
| Q3 24 | $0.13 | $5.71 | ||
| Q2 24 | $0.11 | $2.43 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $13.4M | $136.6M |
| Total DebtLower is stronger | $378.2M | — |
| Stockholders' EquityBook value | $517.1M | $93.6B |
| Total Assets | $1.3B | — |
| Debt / EquityLower = less leverage | 0.73× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $136.6M | ||
| Q4 25 | $13.4M | — | ||
| Q3 25 | $12.7M | — | ||
| Q2 25 | $2.9M | — | ||
| Q1 25 | $11.3M | — | ||
| Q4 24 | $10.2M | — | ||
| Q3 24 | $12.0M | — | ||
| Q2 24 | $23.1M | — |
| Q1 26 | — | — | ||
| Q4 25 | $378.2M | $390.0M | ||
| Q3 25 | — | $390.6M | ||
| Q2 25 | — | $231.3M | ||
| Q1 25 | — | $231.7M | ||
| Q4 24 | $448.2M | $232.1M | ||
| Q3 24 | — | $237.5M | ||
| Q2 24 | — | $247.6M |
| Q1 26 | — | $93.6B | ||
| Q4 25 | $517.1M | $934.0M | ||
| Q3 25 | $502.1M | $918.7M | ||
| Q2 25 | $481.9M | $896.4M | ||
| Q1 25 | $479.9M | $893.7M | ||
| Q4 24 | $448.9M | $897.5M | ||
| Q3 24 | $425.4M | $889.0M | ||
| Q2 24 | $418.0M | $868.7M |
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $4.3B | ||
| Q3 25 | $1.3B | $3.9B | ||
| Q2 25 | $1.2B | $3.7B | ||
| Q1 25 | $1.2B | $3.7B | ||
| Q4 24 | $1.3B | $4.0B | ||
| Q3 24 | $1.1B | $3.6B | ||
| Q2 24 | $1.1B | $3.6B |
| Q1 26 | — | — | ||
| Q4 25 | 0.73× | 0.42× | ||
| Q3 25 | — | 0.43× | ||
| Q2 25 | — | 0.26× | ||
| Q1 25 | — | 0.26× | ||
| Q4 24 | 1.00× | 0.26× | ||
| Q3 24 | — | 0.27× | ||
| Q2 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 | $79.7M | — |
| Free Cash FlowOCF − Capex | $50.3M | — |
| FCF MarginFCF / Revenue | 19.6% | — |
| Capex IntensityCapex / Revenue | 11.5% | — |
| Cash ConversionOCF / Net Profit | 6.31× | — |
| TTM Free Cash FlowTrailing 4 quarters | $99.5M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $79.7M | $-67.2M | ||
| Q3 25 | $49.2M | $108.3M | ||
| Q2 25 | $56.9M | $75.8M | ||
| Q1 25 | $60.9M | $-3.8M | ||
| Q4 24 | $-13.5M | $1.8M | ||
| Q3 24 | $26.8M | $69.1M | ||
| Q2 24 | $18.4M | $70.0M |
| Q1 26 | — | — | ||
| Q4 25 | $50.3M | $-74.1M | ||
| Q3 25 | $13.2M | $106.9M | ||
| Q2 25 | $-3.7M | $74.2M | ||
| Q1 25 | $39.6M | $-6.8M | ||
| Q4 24 | $-36.1M | $-3.8M | ||
| Q3 24 | $-11.5M | $68.7M | ||
| Q2 24 | $-34.0M | $68.6M |
| Q1 26 | — | — | ||
| Q4 25 | 19.6% | -35.6% | ||
| Q3 25 | 6.8% | 49.4% | ||
| Q2 25 | -1.9% | 35.2% | ||
| Q1 25 | 16.3% | -3.1% | ||
| Q4 24 | -17.8% | -1.6% | ||
| Q3 24 | -6.0% | 30.3% | ||
| Q2 24 | -20.0% | 30.6% |
| Q1 26 | — | — | ||
| Q4 25 | 11.5% | 3.3% | ||
| Q3 25 | 18.4% | 0.7% | ||
| Q2 25 | 31.3% | 0.7% | ||
| Q1 25 | 8.7% | 1.4% | ||
| Q4 24 | 11.2% | 2.4% | ||
| Q3 24 | 20.0% | 0.2% | ||
| Q2 24 | 30.8% | 0.6% |
| Q1 26 | — | — | ||
| Q4 25 | 6.31× | -1.99× | ||
| Q3 25 | 2.77× | 3.45× | ||
| Q2 25 | 5.87× | 1.77× | ||
| Q1 25 | 1.82× | -0.13× | ||
| Q4 24 | -0.69× | 0.04× | ||
| Q3 24 | 3.02× | 1.41× | ||
| Q2 24 | 2.39× | 2.69× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GLDD
Segment breakdown not available.
VRTS
| Investment management fees | $169.1M | 85% |
| Administration and shareholder service fees | $17.3M | 9% |
| Distribution and service fees | $11.6M | 6% |