Virtu Financial, Inc. (VIRT)
Fair ValueFundamental
64
Price
$55.93
Market Cap
$5.04B
Part 1 · What the company is worth
Overview
Virtu Financial, Inc. operates as a financial services company in the United States, Ireland, and internationally. It operates in two segments, Market Making and Execution Services. The company is involved in buying and selling securities to broker dealers, banks and institutions; trading direct to clients, exchanges, alternative trading systems, and other market centers; cash trading business; and pre- and post-trade services, data products, and compliance tools. It also provides agency execution services and trading venues for transparent trading in global equities, ETFs, fixed income, currencies, and commodities to institutions, banks, and broker dealers; agency-based and execution-only trading; workflow technology; trading analytics; foreign exchange, futures, and cryptocurrency products. The company was founded in 2008 and is headquartered in New York, New York.
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Direct competitors
Who this company fights with for the same customers
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No competitor list for this company yet.
Balance Sheet & Liquidity
Revenue
$678M
Trailing 12 months (through 6/30/2026)
Net Income
$551M
Trailing 12 months (through 6/30/2026)
Free Cash Flow
$496M
Total Equity
$1.58B
Total Liabilities
$18.18B
Current Ratio
0.93
Interest Coverage
-
Debt/EBITDA
-
Earnings Per Share
Revenue & Net Income
Free Cash Flow
Income Breakdown
Historical statement
Margins over time
Debt over time
How heavy the debt is
Growth grid
Growth — Revenue
Fair Value Estimation
Fair Value
$55.17
Current Price
$55.93
Margin of Safety
-1.4%
Fair Value Range
$35.86 - $74.48
Spread across the valuation methods used, not a statistically calibrated confidence interval.
Estimation Methods
Valuation Metrics
P/E Ratio
9.29
ROE
29.6%
P/B Ratio
2.64
P/FCF
9.48
Gross Margin
-
ROIC
-
Profitability Radar
Value Creation (Economic Moat)
ROIC
-
WACC
7.3%
ROIC − WACC
-
Fundamental Analysis Criteria
Passed (14)
- EPS shows upward trend
- EPS CAGR 24.14%
- Price CAGR 12.76%
- P/FCF 9.48
- P/B ratio 2.64
- Positive free cash flow
- CapEx intensity
- Low reliance on intangibles
- ROE 33.2%
- Earnings surprise, average 22.0%
- Earnings quality (operating cash flow / net income) 1.01
- Share dilution -1.9%
- Net margin trend 81.2% vs 70.1%
- Piotroski F-Score 6/9
Failed (6)
- Debt/equity ratio
- Return on tangible assets
- Price below Graham Number
- DCF valuation (Unknown)
- Revenue growth 5Y 1.9%
- PEG ratio 23.93
Unavailable (7)
- ROIC –
- Gross margin –
- Dividend payout –
- Operating margin –
- Current ratio
- Interest coverage
- Debt/EBITDA
Piotroski F-Score
Mixed signals: some areas need attention
Earnings Quality
High quality: earnings backed by cash
Share Dilution
Buying back shares. Shareholder friendly
Institutional Holdings
Governance
Executive Team
| Name | Title | Age |
|---|---|---|
| Mr. Aaron Simons | CEO & Director | 44 |
| Mr. Joseph A. Molluso | Co-President & Co-COO | 56 |
| Mr. Brett Michael Fairclough | Co-President & Co-COO | 42 |
| Mr. Vincent J. Viola | Founder & Chairman Emeritus | 69 |
| Ms. Cindy Lee | Executive VP, CFO & Treasurer | 40 |
| Mr. Stephen John Cavoli Sr. | Executive VP of Markets & Global Head of Execution Services | 56 |
| Mr. Matthew Sandberg | Head of Investor Relations | - |
| Mr. Justin Waldie J.D. | Senior VP, General Counsel & Secretary | - |
| Ms. Akiko Imai | Global Head of New Sales | - |
| Mr. Andrew Smith | Senior VP of Global Business Development & Corporate Strategy | - |
Audit Risk
4
Board Risk
9
Compensation Risk
6
Shareholder Rights Risk
10
Documents
- View document
Annual Report (10-K)
A yearly overview of the business, its financial results, and the risks it faces.
Filed on 2026-02-20
- View document
Quarterly Report (10-Q)
A snapshot of financial performance for the most recent three-month period.
Filed on 2026-07-31
- View document
Current Report (8-K)
An announcement of a major event, such as a leadership change or big news.
Filed on 2026-08-21
via SEC EDGAR
Income History
via SEC EDGAR
Part 2 · The price and its context
This part shows how the price has behaved, not whether the company is worth owning. Inside: technical analysis, potential, historical drawdowns, gamma exposure.
Market Reaction Profile
How much VIRT moves, measured on its daily prices.
More volatile than 67% of the tracked stocks (90-day volatility).
- Volatility 30d
- 43.1%
- Volatility 90d
- 44.7%
- Beta vs S&P 500 (1y)
- 0.46Correlation 0.16
- Max drawdown (12m)
- -23.5%
- ATR (14d, % of price)
- 3.91%
Earnings reactions
How VIRT moved around its past quarterly results.
Next earnings release
Nov 5, 2026 · In 12 days · Before the open
EPS estimate: 1.52Revenue estimate: $641M
What usually happens
- Over the last 12 releases the stock moved a median of 2.8% the next day, up or down.
- Next-day moves: up 8, down 4 (out of 12).
- Of the 4 releases that beat estimates, the stock fell the next day after 1.
Release history
| Date | When | EPS est. | EPS actual | Surprise | Gap | 1 day | 5 days |
|---|---|---|---|---|---|---|---|
| Jul 30, 2026 | Before the open | 1.75 | 1.82 | +4.0% | -4.0% | +2.1% | +0.9% |
| Apr 29, 2026 | Before the open | 1.68 | 2.24 | +33.4% | +5.1% | +3.9% | +3.5% |
| Jan 29, 2026 | Before the open | 1.32 | 1.85 | +40.2% | +6.5% | +8.5% | +0.9% |
| Oct 29, 2025 | Before the open | 0.95 | 1.05 | +10.5% | -2.3% | -0.5% | +0.5% |
| Jul 30, 2025 | Before the open | n/a | n/a | n/a | -1.0% | +1.7% | -2.6% |
| Apr 23, 2025 | Before the open | n/a | n/a | n/a | +3.0% | +1.3% | -0.2% |
| Jan 29, 2025 | Before the open | n/a | n/a | n/a | +2.9% | +1.7% | +3.0% |
| Oct 24, 2024 | Before the open | n/a | n/a | n/a | -0.1% | -4.6% | -3.5% |
| Jul 18, 2024 | Before the open | n/a | n/a | n/a | +7.5% | +18.8% | +20.7% |
| Apr 24, 2024 | Before the open | n/a | n/a | n/a | +4.2% | +3.1% | +2.4% |
| Jan 25, 2024 | Before the open | n/a | n/a | n/a | -5.3% | -9.1% | -12.6% |
| Nov 2, 2023 | Before the open | n/a | n/a | n/a | +3.1% | -2.5% | -3.1% |
Release dates from SEC 8-K filings.
Updated 10/24/2026
Historical statistics for educational purposes only. They are not forecasts and not investment advice.
Price reaction to the news
Latest news on VIRT and what the price did next.
Return of the stock minus return of SPY over the same days. A news item close to a price move did not necessarily cause it. Historical data for educational purposes only, not investment advice.
Latest News
Recent headlines for VIRT.
- 5/14/2026NEUTRALVirtu Starts Trading on Kalshi as Event Bets Draw in Wall Street
Virtu Financial Inc. is expanding its market-making activities by commencing trading on Kalshi, a platform for event-based contracts. This move places Virtu among a select group of institutional firms engaging with prediction markets, signaling a growing acceptance and integration of these novel trading avenues within traditional finance. While the direct financial impact on Virtu's core business is yet to be quantified, its participation suggests a strategic interest in diversifying revenue streams and exploring new market dynamics. Investors will monitor this development for potential insights into the evolving landscape of financial speculation and Virtu's adaptability.