vs

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. 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

Bigger by revenue
GLDD
GLDD
1.3× larger
GLDD
$256.5M
$199.5M
VRTS
Growing faster (revenue YoY)
GLDD
GLDD
+30.6% gap
GLDD
26.5%
-4.1%
VRTS
Higher net margin
GLDD
GLDD
1.4% more per $
GLDD
4.9%
3.6%
VRTS
Faster 2-yr revenue CAGR
GLDD
GLDD
Annualised
GLDD
13.6%
-5.7%
VRTS

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
GLDD
GLDD
VRTS
VRTS
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.

Revenue
GLDD
GLDD
VRTS
VRTS
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
Net Profit
GLDD
GLDD
VRTS
VRTS
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
Gross Margin
GLDD
GLDD
VRTS
VRTS
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%
Operating Margin
GLDD
GLDD
VRTS
VRTS
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%
Net Margin
GLDD
GLDD
VRTS
VRTS
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%
EPS (diluted)
GLDD
GLDD
VRTS
VRTS
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
GLDD
GLDD
VRTS
VRTS
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.

Cash + ST Investments
GLDD
GLDD
VRTS
VRTS
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
Total Debt
GLDD
GLDD
VRTS
VRTS
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
Stockholders' Equity
GLDD
GLDD
VRTS
VRTS
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
Total Assets
GLDD
GLDD
VRTS
VRTS
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
Debt / Equity
GLDD
GLDD
VRTS
VRTS
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
GLDD
GLDD
VRTS
VRTS
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.

Operating Cash Flow
GLDD
GLDD
VRTS
VRTS
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
Free Cash Flow
GLDD
GLDD
VRTS
VRTS
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
FCF Margin
GLDD
GLDD
VRTS
VRTS
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%
Capex Intensity
GLDD
GLDD
VRTS
VRTS
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%
Cash Conversion
GLDD
GLDD
VRTS
VRTS
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
GLDD

Segment breakdown not available.

VRTS
VRTS

Investment management fees$169.1M85%
Administration and shareholder service fees$17.3M9%
Distribution and service fees$11.6M6%

Related Comparisons