vs
Side-by-side financial comparison of Granite Ridge Resources, Inc. (GRNT) and VIRTUS INVESTMENT PARTNERS, INC. (VRTS). Click either name above to swap in a different company.
VIRTUS INVESTMENT PARTNERS, INC. is the larger business by last-quarter revenue ($208.0M vs $105.5M, roughly 2.0× Granite Ridge Resources, Inc.). On growth, Granite Ridge Resources, Inc. posted the faster year-over-year revenue change (-0.8% vs -10.9%). Over the past eight quarters, Granite Ridge Resources, Inc.'s revenue compounded faster (8.9% CAGR vs -3.2%).
Granite Ridge Resources, Inc. is an independent upstream energy company focused on the exploration, development, and production of oil, natural gas, and natural gas liquids. It operates low-cost, high-yield onshore hydrocarbon assets across key U.S. basins, primarily serving North American energy markets.
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.
GRNT vs VRTS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $105.5M | $208.0M |
| Net Profit | — | $33.9M |
| Gross Margin | — | — |
| Operating Margin | -34.5% | 19.1% |
| Net Margin | — | 16.3% |
| Revenue YoY | -0.8% | -10.9% |
| Net Profit YoY | — | -14.2% |
| EPS (diluted) | $-0.19 | $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 | $105.5M | $208.0M | ||
| Q3 25 | $112.7M | $216.4M | ||
| Q2 25 | $109.2M | $210.5M | ||
| Q1 25 | $122.9M | $217.9M | ||
| Q4 24 | $106.3M | $233.5M | ||
| Q3 24 | $94.1M | $227.0M | ||
| Q2 24 | $90.7M | $224.4M | ||
| Q1 24 | $89.0M | $222.0M |
| Q4 25 | — | $33.9M | ||
| Q3 25 | $14.5M | $31.3M | ||
| Q2 25 | $25.1M | $42.7M | ||
| Q1 25 | $9.8M | $28.1M | ||
| Q4 24 | — | $39.5M | ||
| Q3 24 | $9.1M | $49.1M | ||
| Q2 24 | $5.1M | $26.0M | ||
| Q1 24 | $16.2M | $37.9M |
| Q4 25 | -34.5% | 19.1% | ||
| Q3 25 | 17.4% | 21.7% | ||
| Q2 25 | 19.0% | 21.5% | ||
| Q1 25 | 34.6% | 16.8% | ||
| Q4 24 | -6.5% | 21.7% | ||
| Q3 24 | 26.2% | 24.3% | ||
| Q2 24 | 24.1% | 19.7% | ||
| Q1 24 | 22.0% | 14.5% |
| Q4 25 | — | 16.3% | ||
| Q3 25 | 12.9% | 14.5% | ||
| Q2 25 | 23.0% | 20.3% | ||
| Q1 25 | 8.0% | 12.9% | ||
| Q4 24 | — | 16.9% | ||
| Q3 24 | 9.6% | 21.6% | ||
| Q2 24 | 5.6% | 11.6% | ||
| Q1 24 | 18.2% | 17.1% |
| Q4 25 | $-0.19 | $5.15 | ||
| Q3 25 | $0.11 | $4.65 | ||
| Q2 25 | $0.19 | $6.12 | ||
| Q1 25 | $0.07 | $4.05 | ||
| Q4 24 | $-0.09 | $4.65 | ||
| Q3 24 | $0.07 | $5.71 | ||
| Q2 24 | $0.04 | $2.43 | ||
| Q1 24 | $0.12 | $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 | — | — |
| Total DebtLower is stronger | $367.8M | $390.0M |
| Stockholders' EquityBook value | $605.8M | $934.0M |
| Total Assets | $1.2B | $4.3B |
| Debt / EquityLower = less leverage | 0.61× | 0.42× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $367.8M | $390.0M | ||
| Q3 25 | $300.0M | $390.6M | ||
| Q2 25 | $275.0M | $231.3M | ||
| Q1 25 | $250.0M | $231.7M | ||
| Q4 24 | $205.0M | $232.1M | ||
| Q3 24 | — | $237.5M | ||
| Q2 24 | — | $247.6M | ||
| Q1 24 | $137.5M | $253.0M |
| Q4 25 | $605.8M | $934.0M | ||
| Q3 25 | $643.9M | $918.7M | ||
| Q2 25 | $642.5M | $896.4M | ||
| Q1 25 | $631.4M | $893.7M | ||
| Q4 24 | $635.4M | $897.5M | ||
| Q3 24 | $660.6M | $889.0M | ||
| Q2 24 | $665.3M | $868.7M | ||
| Q1 24 | $674.0M | $871.7M |
| Q4 25 | $1.2B | $4.3B | ||
| Q3 25 | $1.1B | $3.9B | ||
| Q2 25 | $1.1B | $3.7B | ||
| Q1 25 | $1.1B | $3.7B | ||
| Q4 24 | $1.0B | $4.0B | ||
| Q3 24 | $1.0B | $3.6B | ||
| Q2 24 | $990.5M | $3.6B | ||
| Q1 24 | $966.7M | $3.5B |
| Q4 25 | 0.61× | 0.42× | ||
| Q3 25 | 0.47× | 0.43× | ||
| Q2 25 | 0.43× | 0.26× | ||
| Q1 25 | 0.40× | 0.26× | ||
| Q4 24 | 0.32× | 0.26× | ||
| Q3 24 | — | 0.27× | ||
| Q2 24 | — | 0.29× | ||
| Q1 24 | 0.20× | 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 | $64.5M | $-67.2M |
| Free Cash FlowOCF − Capex | — | $-74.1M |
| FCF MarginFCF / Revenue | — | -35.6% |
| Capex IntensityCapex / Revenue | — | 3.3% |
| Cash ConversionOCF / Net Profit | — | -1.99× |
| TTM Free Cash FlowTrailing 4 quarters | — | $100.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $64.5M | $-67.2M | ||
| Q3 25 | $77.8M | $108.3M | ||
| Q2 25 | $78.0M | $75.8M | ||
| Q1 25 | $76.1M | $-3.8M | ||
| Q4 24 | $68.2M | $1.8M | ||
| Q3 24 | $74.7M | $69.1M | ||
| Q2 24 | $64.2M | $70.0M | ||
| Q1 24 | $68.7M | $-34.5M |
| Q4 25 | — | $-74.1M | ||
| Q3 25 | — | $106.9M | ||
| Q2 25 | — | $74.2M | ||
| Q1 25 | — | $-6.8M | ||
| Q4 24 | — | $-3.8M | ||
| Q3 24 | — | $68.7M | ||
| Q2 24 | — | $68.6M | ||
| Q1 24 | — | $-36.5M |
| Q4 25 | — | -35.6% | ||
| Q3 25 | — | 49.4% | ||
| Q2 25 | — | 35.2% | ||
| Q1 25 | — | -3.1% | ||
| Q4 24 | — | -1.6% | ||
| Q3 24 | — | 30.3% | ||
| Q2 24 | — | 30.6% | ||
| Q1 24 | — | -16.4% |
| Q4 25 | — | 3.3% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | 0.7% | ||
| Q1 25 | — | 1.4% | ||
| Q4 24 | — | 2.4% | ||
| Q3 24 | — | 0.2% | ||
| Q2 24 | — | 0.6% | ||
| Q1 24 | — | 0.9% |
| Q4 25 | — | -1.99× | ||
| Q3 25 | 5.36× | 3.45× | ||
| Q2 25 | 3.11× | 1.77× | ||
| Q1 25 | 7.75× | -0.13× | ||
| Q4 24 | — | 0.04× | ||
| Q3 24 | 8.25× | 1.41× | ||
| Q2 24 | 12.58× | 2.69× | ||
| Q1 24 | 4.23× | -0.91× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GRNT
| Oil And Gas Service | $87.6M | 83% |
| Natural Gas Storage | $17.9M | 17% |
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% |
