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Side-by-side financial comparison of VIRTUS INVESTMENT PARTNERS, INC. (VRTS) and Bristow Group Inc. (VTOL). Click either name above to swap in a different company.
Bristow Group Inc. is the larger business by last-quarter revenue ($377.3M vs $208.0M, roughly 1.8× VIRTUS INVESTMENT PARTNERS, INC.). VIRTUS INVESTMENT PARTNERS, INC. runs the higher net margin — 16.3% vs 4.9%, a 11.4% gap on every dollar of revenue. On growth, Bristow Group Inc. posted the faster year-over-year revenue change (6.7% vs -10.9%). Bristow Group Inc. produced more free cash flow last quarter ($47.8M vs $-74.1M). Over the past eight quarters, Bristow Group Inc.'s revenue compounded faster (5.8% 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.
Bristow Helicopters Limited is a British civil helicopter operator originally based at Aberdeen Airport, Scotland, which is currently a part of the U.S.-based Bristow Group which in turn has its corporate headquarters in Houston, Texas, U.S. In 2020, Bristow Group was merged with Era Helicopters, a large U.S.-based commercial helicopter operator that was previously a division of Era Aviation, with the two companies then continuing to use the Bristow name.
VRTS vs VTOL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $208.0M | $377.3M |
| Net Profit | $33.9M | $18.4M |
| Gross Margin | — | — |
| Operating Margin | 19.1% | 8.5% |
| Net Margin | 16.3% | 4.9% |
| Revenue YoY | -10.9% | 6.7% |
| Net Profit YoY | -14.2% | -42.1% |
| EPS (diluted) | $5.15 | $0.61 |
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 | $208.0M | $377.3M | ||
| Q3 25 | $216.4M | $386.3M | ||
| Q2 25 | $210.5M | $376.4M | ||
| Q1 25 | $217.9M | $350.5M | ||
| Q4 24 | $233.5M | $353.5M | ||
| Q3 24 | $227.0M | $365.1M | ||
| Q2 24 | $224.4M | $359.7M | ||
| Q1 24 | $222.0M | $337.1M |
| Q4 25 | $33.9M | $18.4M | ||
| Q3 25 | $31.3M | $51.5M | ||
| Q2 25 | $42.7M | $31.7M | ||
| Q1 25 | $28.1M | $27.4M | ||
| Q4 24 | $39.5M | $31.8M | ||
| Q3 24 | $49.1M | $28.2M | ||
| Q2 24 | $26.0M | $28.2M | ||
| Q1 24 | $37.9M | $6.6M |
| Q4 25 | 19.1% | 8.5% | ||
| Q3 25 | 21.7% | 13.1% | ||
| Q2 25 | 21.5% | 11.3% | ||
| Q1 25 | 16.8% | 9.6% | ||
| Q4 24 | 21.7% | 9.0% | ||
| Q3 24 | 24.3% | 9.1% | ||
| Q2 24 | 19.7% | 12.4% | ||
| Q1 24 | 14.5% | 6.8% |
| Q4 25 | 16.3% | 4.9% | ||
| Q3 25 | 14.5% | 13.3% | ||
| Q2 25 | 20.3% | 8.4% | ||
| Q1 25 | 12.9% | 7.8% | ||
| Q4 24 | 16.9% | 9.0% | ||
| Q3 24 | 21.6% | 7.7% | ||
| Q2 24 | 11.6% | 7.8% | ||
| Q1 24 | 17.1% | 2.0% |
| Q4 25 | $5.15 | $0.61 | ||
| Q3 25 | $4.65 | $1.72 | ||
| Q2 25 | $6.12 | $1.07 | ||
| Q1 25 | $4.05 | $0.92 | ||
| Q4 24 | $4.65 | $1.07 | ||
| Q3 24 | $5.71 | $0.95 | ||
| Q2 24 | $2.43 | $0.96 | ||
| Q1 24 | $4.10 | $0.23 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $286.2M |
| Total DebtLower is stronger | $390.0M | $671.5M |
| Stockholders' EquityBook value | $934.0M | $1.1B |
| Total Assets | $4.3B | $2.3B |
| Debt / EquityLower = less leverage | 0.42× | 0.63× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $286.2M | ||
| Q3 25 | — | $245.5M | ||
| Q2 25 | — | $251.8M | ||
| Q1 25 | — | $191.1M | ||
| Q4 24 | — | $247.5M | ||
| Q3 24 | — | $200.3M | ||
| Q2 24 | — | $178.6M | ||
| Q1 24 | — | $140.6M |
| Q4 25 | $390.0M | $671.5M | ||
| Q3 25 | $390.6M | $675.0M | ||
| Q2 25 | $231.3M | $705.2M | ||
| Q1 25 | $231.7M | $701.9M | ||
| Q4 24 | $232.1M | $689.8M | ||
| Q3 24 | $237.5M | $629.1M | ||
| Q2 24 | $247.6M | $594.2M | ||
| Q1 24 | $253.0M | $544.1M |
| Q4 25 | $934.0M | $1.1B | ||
| Q3 25 | $918.7M | $1.0B | ||
| Q2 25 | $896.4M | $984.4M | ||
| Q1 25 | $893.7M | $931.7M | ||
| Q4 24 | $897.5M | $891.7M | ||
| Q3 24 | $889.0M | $899.2M | ||
| Q2 24 | $868.7M | $849.1M | ||
| Q1 24 | $871.7M | $820.7M |
| Q4 25 | $4.3B | $2.3B | ||
| Q3 25 | $3.9B | $2.3B | ||
| Q2 25 | $3.7B | $2.3B | ||
| Q1 25 | $3.7B | $2.2B | ||
| Q4 24 | $4.0B | $2.1B | ||
| Q3 24 | $3.6B | $2.1B | ||
| Q2 24 | $3.6B | $2.0B | ||
| Q1 24 | $3.5B | $1.9B |
| Q4 25 | 0.42× | 0.63× | ||
| Q3 25 | 0.43× | 0.65× | ||
| Q2 25 | 0.26× | 0.72× | ||
| Q1 25 | 0.26× | 0.75× | ||
| Q4 24 | 0.26× | 0.77× | ||
| Q3 24 | 0.27× | 0.70× | ||
| Q2 24 | 0.29× | 0.70× | ||
| Q1 24 | 0.29× | 0.66× |
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 | $-67.2M | $76.9M |
| Free Cash FlowOCF − Capex | $-74.1M | $47.8M |
| FCF MarginFCF / Revenue | -35.6% | 12.7% |
| Capex IntensityCapex / Revenue | 3.3% | 7.7% |
| Cash ConversionOCF / Net Profit | -1.99× | 4.17× |
| TTM Free Cash FlowTrailing 4 quarters | $100.2M | $56.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-67.2M | $76.9M | ||
| Q3 25 | $108.3M | $23.1M | ||
| Q2 25 | $75.8M | $99.0M | ||
| Q1 25 | $-3.8M | $-603.0K | ||
| Q4 24 | $1.8M | $51.1M | ||
| Q3 24 | $69.1M | $66.0M | ||
| Q2 24 | $70.0M | $33.7M | ||
| Q1 24 | $-34.5M | $26.7M |
| Q4 25 | $-74.1M | $47.8M | ||
| Q3 25 | $106.9M | $-6.2M | ||
| Q2 25 | $74.2M | $67.4M | ||
| Q1 25 | $-6.8M | $-52.7M | ||
| Q4 24 | $-3.8M | $-32.4M | ||
| Q3 24 | $68.7M | $9.0M | ||
| Q2 24 | $68.6M | $-16.7M | ||
| Q1 24 | $-36.5M | $-37.9M |
| Q4 25 | -35.6% | 12.7% | ||
| Q3 25 | 49.4% | -1.6% | ||
| Q2 25 | 35.2% | 17.9% | ||
| Q1 25 | -3.1% | -15.0% | ||
| Q4 24 | -1.6% | -9.2% | ||
| Q3 24 | 30.3% | 2.5% | ||
| Q2 24 | 30.6% | -4.6% | ||
| Q1 24 | -16.4% | -11.2% |
| Q4 25 | 3.3% | 7.7% | ||
| Q3 25 | 0.7% | 7.6% | ||
| Q2 25 | 0.7% | 8.4% | ||
| Q1 25 | 1.4% | 14.9% | ||
| Q4 24 | 2.4% | 23.6% | ||
| Q3 24 | 0.2% | 15.6% | ||
| Q2 24 | 0.6% | 14.0% | ||
| Q1 24 | 0.9% | 19.2% |
| Q4 25 | -1.99× | 4.17× | ||
| Q3 25 | 3.45× | 0.45× | ||
| Q2 25 | 1.77× | 3.12× | ||
| Q1 25 | -0.13× | -0.02× | ||
| Q4 24 | 0.04× | 1.61× | ||
| Q3 24 | 1.41× | 2.34× | ||
| Q2 24 | 2.69× | 1.20× | ||
| Q1 24 | -0.91× | 4.04× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
VTOL
| Offshore Energy Services | $247.5M | 66% |
| Government Services | $100.1M | 27% |
| Other | $21.9M | 6% |
| Related Party | $7.8M | 2% |
