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%+3.7pp	12.9%+3.3pp	12.1%+4.8pp	12%+4.4pp	10.4%+4.4pp
EBITDA margin	52.1%+7.3pp	50%+4.6pp	47.3%-0.3pp	47.5%-1.6pp	44.8%-2.5pp
Free cash flow margin	12.4%-20.0pp	13.6%-6.7pp	10.9%-9.6pp	16.7%-6.9pp	32.4%+22.9pp
Returns
Return on equity	36.2%+10.8pp	33%+10.5pp	31.4%+16.4pp	30.7%+15.5pp	25.4%+14.3pp
Return on assets	2.6%+0.5pp	2.6%+0.8pp	2.4%+1.2pp	2.4%+1.0pp	2.1%+1.0pp
Return on invested capital	59.4%+18.1pp	56.7%+13.7pp	49.1%+13.1pp	50%+13.7pp	41.3%+10.9pp
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×-0.2×	1.5×-0.1×	1.5×-0.1×	1.4×-0.2×	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×-0.3×	0.7×-0.2×	0.9×-0.1×	0.8×-0.3×	0.9×-0.6×
Interest coverage	2.9×+0.6×	2.7×+0.6×	2.5×+0.8×	2.5×+0.8×	2.3×+0.8×
Per Share
Book value per share	$20.15+32.4%	$18.55+29.9%	$17.16+21.9%	$16.45+18.1%	$15.22+11.8%
Valuation
Market capitalization	$3.81B+15.4%	$2.83B-7.8%	$3B-36.1%	$3.69B+6.5%	$3.3B+3.2%
Enterprise value	$5.08B+12.4%	$4.03B-3.6%	$4.5B-24.8%	$4.94B+3.8%	$4.52B-5.6%
Price / earnings	6.9×-3.4×	6×-5.1×	7.1×-17.9×	9.1×-9.1×	10.3×-12.5×
Price / sales	1×-0.1×	0.8×-0.3×	0.9×-1.0×	1.1×-0.3×	1.1×-0.3×
Price / book	2.2×-0.3×	1.8×-0.7×	2.1×-1.8×	2.6×-0.2×	2.5×-0.1×
EV / EBITDA	2.5×-0.8×	2.2×-1.0×	2.7×-2.2×	3.1×-0.8×	3.3×-1.1×
EV / sales	1.3×-0.2×	1.1×-0.3×	1.3×-1.0×	1.5×-0.4×	1.5×-0.6×
Free cash flow yield	12.6%-17.5pp	17.5%-1.6pp	12.7%+1.5pp	15.3%-1.7pp	30.1%+23.3pp
Earnings yield	14.5%+4.8pp	16.6%+7.5pp	14.1%+10.1pp	11%+5.5pp	9.7%+5.3pp
PEG ratio	0.1×0.0×	0.1×0.0×	0.1×-1.7×	0.1×-0.5×	0.1×—

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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.