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Side-by-side financial comparison of VIRTUS INVESTMENT PARTNERS, INC. (VRTS) and WYNDHAM HOTELS & RESORTS, INC. (WH). Click either name above to swap in a different company.
WYNDHAM HOTELS & RESORTS, INC. is the larger business by last-quarter revenue ($334.0M vs $208.0M, roughly 1.6× VIRTUS INVESTMENT PARTNERS, INC.). VIRTUS INVESTMENT PARTNERS, INC. runs the higher net margin — 16.3% vs -18.0%, a 34.2% gap on every dollar of revenue. On growth, VIRTUS INVESTMENT PARTNERS, INC. posted the faster year-over-year revenue change (-10.9% vs -76.3%). WYNDHAM HOTELS & RESORTS, INC. produced more free cash flow last quarter ($168.0M vs $-74.1M). Over the past eight quarters, VIRTUS INVESTMENT PARTNERS, INC.'s revenue compounded faster (-3.2% CAGR vs -4.6%).
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.
Wyndham Hotels & Resorts, Inc., is an American hospitality company based in Parsippany, New Jersey, United States. It describes itself as the largest hotel franchisor in the world, with 9,100 locations.
VRTS vs WH — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $208.0M | $334.0M |
| Net Profit | $33.9M | $-60.0M |
| Gross Margin | — | — |
| Operating Margin | 19.1% | — |
| Net Margin | 16.3% | -18.0% |
| Revenue YoY | -10.9% | -76.3% |
| Net Profit YoY | -14.2% | -170.6% |
| EPS (diluted) | $5.15 | $-0.80 |
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 | — | $334.0M | ||
| Q4 25 | $208.0M | $334.0M | ||
| Q3 25 | $216.4M | $382.0M | ||
| Q2 25 | $210.5M | $397.0M | ||
| Q1 25 | $217.9M | $316.0M | ||
| Q4 24 | $233.5M | $336.0M | ||
| Q3 24 | $227.0M | $396.0M | ||
| Q2 24 | $224.4M | $367.0M |
| Q1 26 | — | $-60.0M | ||
| Q4 25 | $33.9M | $-60.0M | ||
| Q3 25 | $31.3M | $105.0M | ||
| Q2 25 | $42.7M | $87.0M | ||
| Q1 25 | $28.1M | $61.0M | ||
| Q4 24 | $39.5M | $85.0M | ||
| Q3 24 | $49.1M | $102.0M | ||
| Q2 24 | $26.0M | $86.0M |
| Q1 26 | — | — | ||
| Q4 25 | 19.1% | -11.4% | ||
| Q3 25 | 21.7% | 46.6% | ||
| Q2 25 | 21.5% | 37.8% | ||
| Q1 25 | 16.8% | 35.4% | ||
| Q4 24 | 21.7% | 38.4% | ||
| Q3 24 | 24.3% | 43.2% | ||
| Q2 24 | 19.7% | 39.5% |
| Q1 26 | — | -18.0% | ||
| Q4 25 | 16.3% | -18.0% | ||
| Q3 25 | 14.5% | 27.5% | ||
| Q2 25 | 20.3% | 21.9% | ||
| Q1 25 | 12.9% | 19.3% | ||
| Q4 24 | 16.9% | 25.3% | ||
| Q3 24 | 21.6% | 25.8% | ||
| Q2 24 | 11.6% | 23.4% |
| Q1 26 | — | $-0.80 | ||
| Q4 25 | $5.15 | $-0.77 | ||
| Q3 25 | $4.65 | $1.36 | ||
| Q2 25 | $6.12 | $1.13 | ||
| Q1 25 | $4.05 | $0.78 | ||
| Q4 24 | $4.65 | $1.06 | ||
| Q3 24 | $5.71 | $1.29 | ||
| Q2 24 | $2.43 | $1.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $64.0M |
| Total DebtLower is stronger | $390.0M | — |
| Stockholders' EquityBook value | $934.0M | $468.0M |
| Total Assets | $4.3B | $4.2B |
| Debt / EquityLower = less leverage | 0.42× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $64.0M | ||
| Q4 25 | — | $64.0M | ||
| Q3 25 | — | $70.0M | ||
| Q2 25 | — | $50.0M | ||
| Q1 25 | — | $48.0M | ||
| Q4 24 | — | $103.0M | ||
| Q3 24 | — | $72.0M | ||
| Q2 24 | — | $70.0M |
| Q1 26 | — | — | ||
| Q4 25 | $390.0M | $2.5B | ||
| Q3 25 | $390.6M | $2.6B | ||
| Q2 25 | $231.3M | $2.5B | ||
| Q1 25 | $231.7M | $2.5B | ||
| Q4 24 | $232.1M | $2.4B | ||
| Q3 24 | $237.5M | $2.4B | ||
| Q2 24 | $247.6M | $2.4B |
| Q1 26 | — | $468.0M | ||
| Q4 25 | $934.0M | $468.0M | ||
| Q3 25 | $918.7M | $583.0M | ||
| Q2 25 | $896.4M | $570.0M | ||
| Q1 25 | $893.7M | $579.0M | ||
| Q4 24 | $897.5M | $650.0M | ||
| Q3 24 | $889.0M | $583.0M | ||
| Q2 24 | $868.7M | $623.0M |
| Q1 26 | — | $4.2B | ||
| Q4 25 | $4.3B | $4.2B | ||
| Q3 25 | $3.9B | $4.3B | ||
| Q2 25 | $3.7B | $4.3B | ||
| Q1 25 | $3.7B | $4.2B | ||
| Q4 24 | $4.0B | $4.2B | ||
| Q3 24 | $3.6B | $4.2B | ||
| Q2 24 | $3.6B | $4.2B |
| Q1 26 | — | — | ||
| Q4 25 | 0.42× | 5.37× | ||
| Q3 25 | 0.43× | 4.43× | ||
| Q2 25 | 0.26× | 4.44× | ||
| Q1 25 | 0.26× | 4.29× | ||
| Q4 24 | 0.26× | 3.72× | ||
| Q3 24 | 0.27× | 4.19× | ||
| Q2 24 | 0.29× | 3.83× |
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 | $367.0M |
| Free Cash FlowOCF − Capex | $-74.1M | $168.0M |
| FCF MarginFCF / Revenue | -35.6% | 50.3% |
| Capex IntensityCapex / Revenue | 3.3% | — |
| Cash ConversionOCF / Net Profit | -1.99× | — |
| TTM Free Cash FlowTrailing 4 quarters | $100.2M | $437.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $367.0M | ||
| Q4 25 | $-67.2M | $152.0M | ||
| Q3 25 | $108.3M | $86.0M | ||
| Q2 25 | $75.8M | $70.0M | ||
| Q1 25 | $-3.8M | $59.0M | ||
| Q4 24 | $1.8M | $134.0M | ||
| Q3 24 | $69.1M | $79.0M | ||
| Q2 24 | $70.0M | $1.0M |
| Q1 26 | — | $168.0M | ||
| Q4 25 | $-74.1M | $136.0M | ||
| Q3 25 | $106.9M | $75.0M | ||
| Q2 25 | $74.2M | $58.0M | ||
| Q1 25 | $-6.8M | $52.0M | ||
| Q4 24 | $-3.8M | $109.0M | ||
| Q3 24 | $68.7M | $71.0M | ||
| Q2 24 | $68.6M | $-6.0M |
| Q1 26 | — | 50.3% | ||
| Q4 25 | -35.6% | 40.7% | ||
| Q3 25 | 49.4% | 19.6% | ||
| Q2 25 | 35.2% | 14.6% | ||
| Q1 25 | -3.1% | 16.5% | ||
| Q4 24 | -1.6% | 32.4% | ||
| Q3 24 | 30.3% | 17.9% | ||
| Q2 24 | 30.6% | -1.6% |
| Q1 26 | — | — | ||
| Q4 25 | 3.3% | 4.8% | ||
| Q3 25 | 0.7% | 2.9% | ||
| Q2 25 | 0.7% | 3.0% | ||
| Q1 25 | 1.4% | 2.2% | ||
| Q4 24 | 2.4% | 7.4% | ||
| Q3 24 | 0.2% | 2.0% | ||
| Q2 24 | 0.6% | 1.9% |
| Q1 26 | — | — | ||
| Q4 25 | -1.99× | — | ||
| Q3 25 | 3.45× | 0.82× | ||
| Q2 25 | 1.77× | 0.80× | ||
| Q1 25 | -0.13× | 0.97× | ||
| Q4 24 | 0.04× | 1.58× | ||
| Q3 24 | 1.41× | 0.77× | ||
| Q2 24 | 2.69× | 0.01× |
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% |
WH
| Fee-related and other revenues | $334.0M | 100% |
| Management and other fees | $2.0M | 1% |
