profit from every $100 of sales.

Virtu Financial
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
You pay $27.54 for every $1 of profit it makes in a year.
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What Virtu Financial sold, what it kept, and what it did with the cash.
Sales went from $2.36 billion in 2022 to $3.63 billion in 2025, with $468 million of profit last year.
Virtu Financial handed back more cash to shareholders than it generated last year.
Virtu Financial vs. similar companies
Virtu Financial grows the slowest of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Virtu Financial | 27.5× · Fair price | ||
Raymond James Financial | 15.1× · Fair price | ||
Tradeweb Markets | 35.0× · Expensive | ||
Nomura Holdings | 13.3× · Cheap | ||
LPL Financial Holdings | 27.2× · Fair price |
AI analysis
An AI analyst reads Virtu Financial's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 3,239 | 2,811 | 2,365 | 2,293 | 2,877 | 3,632 | |
| – | – | 1,355 | 1,391 | 1,768 | 2,334 | |
| – | – | 918 | 934 | 1,318 | 1,876 | |
| – | – | 1,011 | 1,052 | 1,388 | 1,986 | |
| 649 | 477 | 265 | 142 | 276 | 468 | |
| 5.16 | 3.91 | 2.44 | 1.42 | 2.97 | 5.13 | |
| – | – | 57.3% | 60.7% | 61.4% | 64.3% | |
| – | – | 38.8% | 40.7% | 45.8% | 51.6% | |
| 20.0% | 17.0% | 11.2% | 6.2% | 9.6% | 12.9% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 9,966 | 10,320 | 10,583 | 14,466 | 15,362 | 20,151 |
| Cash | 890 | 1,071 | 982 | 820 | 873 | 1,062 |
| Total debt | – | – | 3,727 | 5,131 | 7,035 | 8,977 |
| Total liabilities | 8,111 | 8,456 | 8,932 | 13,061 | 13,874 | 18,177 |
| 1,469 | 1,549 | 1,342 | 1,203 | 1,254 | 1,582 | |
| 122 | 118 | 104 | 94 | 88 | 85 | |
| – | – | 13.7% | 11.5% | 12.1% | 14.0% | |
| 44.2% | 30.8% | 19.8% | 11.8% | 22.0% | 29.6% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 1,061 | 1,172 | 707 | 492 | 599 | 518 | |
| – | – | 65 | 76 | 54 | 63 | |
| – | – | 642 | 416 | 545 | 455 | |
| Dividends paid | – | – | 375 | 306 | 299 | 349 |
| – | – | 489 | 231 | 191 | 190 | |
| 60 | 56 | 67 | 64 | 75 | 100 |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- 27.5×
- 9.6×
- –
- 2.7×
- 3.6×
- 3.6%
- 1.8%
Profitability
- 12.9%
- 51.0%
- 4.9%
- 35.7%
- 2.2%
Growth
- +2.3%
- −0.1%
- +0.0%
- −7.7%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $48.00
- Range
- $39.00 – $54.00
- 2 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 29, 2026 | 2.24 | 1.66 | +34.9% |
| Jan 29, 2026 | 1.85 | 1.28 | +44.5% |
| Oct 29, 2025 | 1.05 | 0.89 | +17.8% |
| Jul 30, 2025 | 1.53 | 1.36 | +12.5% |
| Apr 23, 2025 | 1.30 | 1.19 | +9.2% |
| Jan 29, 2025 | 1.14 | 0.86 | +32.6% |
| Oct 24, 2024 | 0.82 | 0.79 | +3.8% |
| Jul 18, 2024 | 0.83 | 0.60 | +38.3% |
Paid per share, each year
$0.48 in 2015 → $0.96 in 2025
How safe it looks
74.6% of its profit
Room to growStretchedMore than it earns: 76.8%
News
Key deals this week: Stripe, KKR, Virtu and moreSeeking Alpha · Aug 22, 2026The newest story we have is from Aug 22, 2026.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
3/7Passes 3 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Virtu Financial
Is Virtu Financial a good stock to buy?
A solid business at a fair price. 3 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Virtu Financial AI analysis
What does Virtu Financial do?
Virtu Financial, Inc., a financial services company, provides data, analytics, and connectivity products to clients worldwide. The company operates in two segments, Market Making and Execution Services. It is in Financial - Capital Markets, based in New York, NY, United States, with 1,027 employees.
Does Virtu Financial pay a dividend?
Yes. At today's price the dividend is 1.8% a year, about 75% of its yearly profit. In 2025 it paid out $349 million in dividends.
Is Virtu Financial stock halal?
No. Virtu Financial does not pass our halal screen: its debt is 70% of its market value, at or above the 33% limit. How we check
How has Virtu Financial stock done over the past year?
Up 67.0% over the past twelve months, to $59.51. It traded between $32.53 and $67.93 and is 12.4% below its high.
Who are Virtu Financial's competitors?
The largest listed companies in the same industry are Raymond James Financial, Tradeweb Markets, Nomura Holdings and LPL Financial Holdings. The peers table on this page compares their profit, growth and price with Virtu Financial's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.



