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Virtu Financial VIRT State income taxes – net of federal income tax benefit

State income taxes – net of federal income tax benefit at other companies

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Other financials

Income statement

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Revenue$1.1B+30.7%
Net income$182.3M+82.9%
EPS (diluted)$1.99+84.3%

Balance sheet

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Cash & equivalents$1.0B+33.6%
Total debt$2.3B+15.8%
Total equity$1.7B+32.5%
Total assets$25.1B+43.1%

Cash flow

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Operating cash flow-$149.0K-101%
CapEx$5.6M-2.2%
Free cash flow-$5.8M-162%

Valuation

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Market cap$5.49B+15.4%
Enterprise value$6.76B+12.4%
P/E10×-4.9×
P/S1.4×-0.1×

Profitability

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Net margin14.2%+3.7pp
FCF margin12.4%-20.0pp

Returns & leverage

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Return on equity36.2%+10.8pp
Debt / equity1.3×-0.2×

Where this comes from

Reported directly by Virtu Financial in its filing.

Tagged under the XBRL concept us-gaap:EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes.

The official record: Virtu Financial’s 10-K, filed February 20, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Virtu Financial's state income taxes – net of federal income tax benefit?
Virtu Financial (VIRT) reported state income taxes – net of federal income tax benefit of 2.3% in Q4 2025.
What does state income taxes – net of federal income tax benefit mean?
Represents the net impact of state and local income taxes on the effective tax rate after accounting for the federal tax deduction benefit. This metric helps investors understand the geographic tax burden imposed by sub-national jurisdictions on the company's operations.