Where do Virtu Financial's ratios come from?

Every ratio is computed from Virtu Financial's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Virtu Financial VIRT Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Net margin	14.2%+1.3pp	12.9%+0.8pp	12.1%+0.1pp	12%+1.6pp	10.4%+0.8pp
EBITDA margin	52.1%+2.1pp	50%+2.7pp	47.3%-0.2pp	47.5%+2.6pp	44.8%-0.6pp
Free cash flow margin	12.4%-1.3pp	13.6%+2.7pp	10.9%-5.8pp	16.7%-15.6pp	32.4%+12.0pp
Returns
Return on equity	36.2%+3.2pp	33%+1.6pp	31.4%+0.8pp	30.7%+5.3pp	25.4%+2.9pp
Return on assets	2.6%-0.1pp	2.6%+0.3pp	2.4%-0.1pp	2.4%+0.3pp	2.1%+0.3pp
Return on invested capital	59.4%+2.7pp	56.7%+7.6pp	49.1%-0.9pp	50%+8.7pp	41.3%-1.7pp
Efficiency
Asset turnover	0.2×0.0×	0.2×0.0×	0.2×0.0×	0.2×0.0×	0.2×0.0×
Leverage
Debt-to-equity	1.3×-0.1×	1.5×-0.1×	1.5×+0.1×	1.4×-0.1×	1.5×-0.1×
Debt-to-assets	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×
Net debt / EBITDA	0.6×0.0×	0.7×-0.2×	0.9×+0.1×	0.8×-0.1×	0.9×0.0×
Interest coverage	2.9×+0.2×	2.7×+0.2×	2.5×0.0×	2.5×+0.2×	2.3×+0.2×
Per Share
Book value per share	$20.15+8.7%	$18.55+8.1%	$17.16+4.3%	$16.45+8.1%	$15.22+6.6%
Valuation
Market capitalization	$3.81B+34.6%	$2.83B-5.8%	$3B-18.6%	$3.69B+11.7%	$3.3B+7.7%
Enterprise value	$5.08B+26.1%	$4.03B-10.6%	$4.5B-8.9%	$4.94B+9.4%	$4.52B+8.2%
Price / earnings	6.9×+0.9×	6×-1.1×	7.1×-2.0×	9.1×-1.2×	10.3×-0.8×
Price / sales	1×+0.2×	0.8×-0.1×	0.9×-0.2×	1.1×0.0×	1.1×0.0×
Price / book	2.2×+0.4×	1.8×-0.3×	2.1×-0.6×	2.6×+0.1×	2.5×+0.1×
EV / EBITDA	2.5×+0.3×	2.2×-0.5×	2.7×-0.4×	3.1×-0.2×	3.3×+0.1×
EV / sales	1.3×+0.2×	1.1×-0.2×	1.3×-0.2×	1.5×0.0×	1.5×0.0×
Free cash flow yield	12.6%-4.9pp	17.5%+4.8pp	12.7%-2.6pp	15.3%-14.8pp	30.1%+11.0pp
Earnings yield	14.5%-2.1pp	16.6%+2.5pp	14.1%+3.1pp	11%+1.3pp	9.7%+0.7pp
PEG ratio	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×

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Questions, answered.

Where do Virtu Financial's ratios come from?: Every ratio is computed from Virtu Financial's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.