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IBEX Ltd（IBEX）与VIRTUS INVESTMENT PARTNERS, INC.（VRTS）财务数据对比。点击上方公司名可切换其他公司
VIRTUS INVESTMENT PARTNERS, INC.的季度营收约是IBEX Ltd的1.2倍（$199.5M vs $164.2M），IBEX Ltd净利率更高（7.4% vs 3.6%，领先3.9%），IBEX Ltd同比增速更快（16.7% vs -4.1%），过去两年IBEX Ltd的营收复合增速更高（13.8% vs -5.7%）
IBEX 35是西班牙主要交易所马德里证券交易所的基准股票指数，该指数始创于1992年，由西班牙证券市场集团BME旗下的交易所公司负责计算与管理。它以市值加权编制，涵盖马德里证券交易所流动性最高的35只西班牙股票，每年进行两次成分股调整。
Virtus Investment Partners是一家美国多管理人资产管理企业，旗下汇集多家具备独立投资流程与自有品牌的关联投资管理人，同时也提供非关联子投资顾问服务，为客户提供多元化的资产管理解决方案。
IBEX vs VRTS — 直观对比
营收规模更大
VRTS
是对方的1.2倍
$164.2M
营收增速更快
IBEX
高出20.8%
-4.1%
净利率更高
IBEX
高出3.9%
3.6%
两年增速更快
IBEX
近两年复合增速
-5.7%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $164.2M | $199.5M |
| 净利润 | $12.2M | $7.1M |
| 毛利率 | — | — |
| 营业利润率 | 9.3% | 7.7% |
| 净利率 | 7.4% | 3.6% |
| 营收同比 | 16.7% | -4.1% |
| 净利润同比 | 31.8% | -78.1% |
| 每股收益（稀释后） | $0.83 | $1.05 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收IBEXVRTS
| Q1 26 | — | $199.5M | ||
| Q4 25 | $164.2M | $208.0M | ||
| Q3 25 | $151.2M | $216.4M | ||
| Q2 25 | $147.1M | $210.5M | ||
| Q1 25 | $140.7M | $217.9M | ||
| Q4 24 | $140.7M | $233.5M | ||
| Q3 24 | $129.7M | $227.0M | ||
| Q2 24 | $124.5M | $224.4M |
净利润IBEXVRTS
| Q1 26 | — | $7.1M | ||
| Q4 25 | $12.2M | $33.9M | ||
| Q3 25 | $12.0M | $31.3M | ||
| Q2 25 | $9.6M | $42.7M | ||
| Q1 25 | $10.5M | $28.1M | ||
| Q4 24 | $9.3M | $39.5M | ||
| Q3 24 | $7.5M | $49.1M | ||
| Q2 24 | $9.8M | $26.0M |
营业利润率IBEXVRTS
| Q1 26 | — | 7.7% | ||
| Q4 25 | 9.3% | 19.1% | ||
| Q3 25 | 9.1% | 21.7% | ||
| Q2 25 | 8.3% | 21.5% | ||
| Q1 25 | 9.5% | 16.8% | ||
| Q4 24 | 8.5% | 21.7% | ||
| Q3 24 | 7.0% | 24.3% | ||
| Q2 24 | 10.3% | 19.7% |
净利率IBEXVRTS
| Q1 26 | — | 3.6% | ||
| Q4 25 | 7.4% | 16.3% | ||
| Q3 25 | 8.0% | 14.5% | ||
| Q2 25 | 6.5% | 20.3% | ||
| Q1 25 | 7.4% | 12.9% | ||
| Q4 24 | 6.6% | 16.9% | ||
| Q3 24 | 5.8% | 21.6% | ||
| Q2 24 | 7.9% | 11.6% |
每股收益（稀释后）IBEXVRTS
| Q1 26 | — | $1.05 | ||
| Q4 25 | $0.83 | $5.15 | ||
| Q3 25 | $0.82 | $4.65 | ||
| Q2 25 | $0.63 | $6.12 | ||
| Q1 25 | $0.73 | $4.05 | ||
| Q4 24 | $0.57 | $4.65 | ||
| Q3 24 | $0.43 | $5.71 | ||
| Q2 24 | $0.55 | $2.43 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $15.5M | $136.6M |
| 总债务越低越好 | $594.0K | — |
| 股东权益账面价值 | $154.5M | $93.6B |
| 总资产 | $295.8M | — |
| 负债/权益比越低杠杆越低 | 0.00× | — |
8季度趋势，按日历期对齐
现金及短期投资IBEXVRTS
| Q1 26 | — | $136.6M | ||
| Q4 25 | $15.5M | — | ||
| Q3 25 | $22.7M | — | ||
| Q2 25 | $15.3M | — | ||
| Q1 25 | $13.0M | — | ||
| Q4 24 | $20.2M | — | ||
| Q3 24 | $62.3M | — | ||
| Q2 24 | $62.7M | — |
总债务IBEXVRTS
| Q1 26 | — | — | ||
| Q4 25 | $594.0K | $390.0M | ||
| Q3 25 | $726.0K | $390.6M | ||
| Q2 25 | $796.0K | $231.3M | ||
| Q1 25 | $735.0K | $231.7M | ||
| Q4 24 | $695.0K | $232.1M | ||
| Q3 24 | $802.0K | $237.5M | ||
| Q2 24 | $867.0K | $247.6M |
股东权益IBEXVRTS
| Q1 26 | — | $93.6B | ||
| Q4 25 | $154.5M | $934.0M | ||
| Q3 25 | $143.6M | $918.7M | ||
| Q2 25 | $134.3M | $896.4M | ||
| Q1 25 | $124.2M | $893.7M | ||
| Q4 24 | $108.9M | $897.5M | ||
| Q3 24 | $171.1M | $889.0M | ||
| Q2 24 | $165.8M | $868.7M |
总资产IBEXVRTS
| Q1 26 | — | — | ||
| Q4 25 | $295.8M | $4.3B | ||
| Q3 25 | $283.9M | $3.9B | ||
| Q2 25 | $273.2M | $3.7B | ||
| Q1 25 | $274.7M | $3.7B | ||
| Q4 24 | $272.5M | $4.0B | ||
| Q3 24 | $306.3M | $3.6B | ||
| Q2 24 | $293.9M | $3.6B |
负债/权益比IBEXVRTS
| Q1 26 | — | — | ||
| Q4 25 | 0.00× | 0.42× | ||
| Q3 25 | 0.01× | 0.43× | ||
| Q2 25 | 0.01× | 0.26× | ||
| Q1 25 | 0.01× | 0.26× | ||
| Q4 24 | 0.01× | 0.26× | ||
| Q3 24 | 0.00× | 0.27× | ||
| Q2 24 | 0.01× | 0.29× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $6.6M | — |
| 自由现金流经营现金流 - 资本支出 | $-5.1M | — |
| 自由现金流率自由现金流/营收 | -3.1% | — |
| 资本支出强度资本支出/营收 | 7.1% | — |
| 现金转化率经营现金流/净利润 | 0.54× | — |
| 过去12个月自由现金流最近4个季度 | $29.3M | — |
8季度趋势，按日历期对齐
经营现金流IBEXVRTS
| Q1 26 | — | — | ||
| Q4 25 | $6.6M | $-67.2M | ||
| Q3 25 | $15.7M | $108.3M | ||
| Q2 25 | $27.9M | $75.8M | ||
| Q1 25 | $8.8M | $-3.8M | ||
| Q4 24 | $1.1M | $1.8M | ||
| Q3 24 | $7.8M | $69.1M | ||
| Q2 24 | $17.4M | $70.0M |
自由现金流IBEXVRTS
| Q1 26 | — | — | ||
| Q4 25 | $-5.1M | $-74.1M | ||
| Q3 25 | $8.0M | $106.9M | ||
| Q2 25 | $22.8M | $74.2M | ||
| Q1 25 | $3.6M | $-6.8M | ||
| Q4 24 | $-3.2M | $-3.8M | ||
| Q3 24 | $4.1M | $68.7M | ||
| Q2 24 | $15.2M | $68.6M |
自由现金流率IBEXVRTS
| Q1 26 | — | — | ||
| Q4 25 | -3.1% | -35.6% | ||
| Q3 25 | 5.3% | 49.4% | ||
| Q2 25 | 15.5% | 35.2% | ||
| Q1 25 | 2.5% | -3.1% | ||
| Q4 24 | -2.3% | -1.6% | ||
| Q3 24 | 3.2% | 30.3% | ||
| Q2 24 | 12.2% | 30.6% |
资本支出强度IBEXVRTS
| Q1 26 | — | — | ||
| Q4 25 | 7.1% | 3.3% | ||
| Q3 25 | 5.1% | 0.7% | ||
| Q2 25 | 3.5% | 0.7% | ||
| Q1 25 | 3.7% | 1.4% | ||
| Q4 24 | 3.1% | 2.4% | ||
| Q3 24 | 2.8% | 0.2% | ||
| Q2 24 | 1.8% | 0.6% |
现金转化率IBEXVRTS
| Q1 26 | — | — | ||
| Q4 25 | 0.54× | -1.99× | ||
| Q3 25 | 1.30× | 3.45× | ||
| Q2 25 | 2.91× | 1.77× | ||
| Q1 25 | 0.84× | -0.13× | ||
| Q4 24 | 0.12× | 0.04× | ||
| Q3 24 | 1.03× | 1.41× | ||
| Q2 24 | 1.77× | 2.69× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
IBEX
| Transferred Over Time | $147.1M | 90% |
| Transferred At Point In Time | $17.1M | 10% |
VRTS
| Investment management fees | $169.1M | 85% |
| Administration and shareholder service fees | $17.3M | 9% |
| Distribution and service fees | $11.6M | 6% |
