What is WESTWOOD HOLDINGS GROUP, INC.'s earnings per share (EPS)?

WESTWOOD HOLDINGS GROUP, INC. (WHG) reported diluted earnings per share of $0.79 for fiscal year 2025. This represents a 203.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

WESTWOOD HOLDINGS GROUP, INC. (WHG) Financials

WHG

Trailing 12 months to June 30, 2026

Revenue $101.7M +12.3% YoY

Net Income $7.9M +382.2% YoY

EPS (Diluted) $0.87 +328.9% YoY

Free Cash Flow $18.7M +59.0% YoY

Market Cap $180.6M as of Oct 10, 2026

Price / Sales 1.8x on $101.7M revenue, trailing 12 months to June 30, 2026

Price / Earnings 22.9x on $7.9M net income, trailing 12 months to June 30, 2026

Price / Book 1.4x on $126.3M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 6, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the WHG SEC filings page.

WESTWOOD HOLDINGS GROUP, INC. (WHG) reported $101.7M in revenue over the twelve months to Jun 30, 2026, up 12.3% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI WHG FY2025 2026-10-04

FY2025 restored profitability, while cash generation remained well above reported capital spending, indicating a business with limited reinvestment demands.

The cash-conversion pattern is more complicated than the profit line: FY2025 operating cash flow of $18.9M exceeded net income of $7.1M, so reported earnings converted into more cash than accounting profit alone suggests. The same relationship was much larger in FY2024—$21.1M of operating cash flow versus $2.2M of net income—after FY2023 produced negative operating cash flow despite positive profit, pointing to volatile working-capital or non-cash timing effects.

The balance sheet is conservatively financed: FY2025 liabilities were $35.6M against $162.3M of assets, while debt-to-equity was 0.3x. With capital expenditures of only $86K against free cash flow of $18.8M, reported reinvestment is small relative to internally generated cash.

Revenue reached $97.8M in FY2025, only modestly above $94.7M in FY2024. Meanwhile, operating margin rose from 0.9% to 5.1%, so margin expansion outpaced top-line growth and indicates earnings recovery driven by cost absorption or normalization rather than volume alone.

Financial Health Signals

Financial Health Score 60/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of WESTWOOD HOLDINGS GROUP, INC.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

WESTWOOD HOLDINGS GROUP, INC. has an operating margin of 5.1%, meaning the company retains $5 of operating profit per $100 of revenue. This results in a moderate score of 39/100, indicating healthy but not exceptional operating efficiency. This is up from 0.9% the prior year.

Growth

WESTWOOD HOLDINGS GROUP, INC.'s revenue grew a modest 3.2% year-over-year to $97.8M. This slow but positive growth earns a score of 47/100.

Leverage

WESTWOOD HOLDINGS GROUP, INC. carries a low D/E ratio of 0.28, meaning only $0.28 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 70/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Cash Flow

WESTWOOD HOLDINGS GROUP, INC. converts 19.3% of revenue into free cash flow ($18.8M). This strong cash generation earns a score of 80/100.

Returns

WESTWOOD HOLDINGS GROUP, INC.'s ROE of 5.6% shows moderate profitability relative to equity, earning a score of 37/100. This is up from 1.8% the prior year.

Piotroski F-Score Partial

4/6

WESTWOOD HOLDINGS GROUP, INC. passes 4 of 6 computable financial strength tests (3 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality Cash-Backed

2.67x

For every $1 of reported earnings, WESTWOOD HOLDINGS GROUP, INC. generates $2.67 in operating cash flow ($18.9M OCF vs $7.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$25.3M

YoY+9.6%

QoQ+1.5%

5Y CAGR+7.7%

10Y CAGR-2.0%

WESTWOOD HOLDINGS GROUP, INC. generated $25.3M in revenue in Q2 2026. This represents an increase of 9.6% from the same quarter a year earlier. Against the prior quarter it is up 1.5%.

EBITDA

$2.8M

YoY+37.7%

QoQ+556.1%

WESTWOOD HOLDINGS GROUP, INC.'s EBITDA was $2.8M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 37.7% from the same quarter a year earlier. Against the prior quarter it is up 556.1%.

Net Income

$1.5M

YoY+48.1%

QoQ+95.3%

5Y CAGR+9.5%

10Y CAGR-12.3%

WESTWOOD HOLDINGS GROUP, INC. reported $1.5M in net income in Q2 2026. This represents an increase of 48.1% from the same quarter a year earlier. Against the prior quarter it is up 95.3%.

EPS (Diluted)

$0.17

YoY+41.7%

QoQ+88.9%

5Y CAGR+7.2%

10Y CAGR-13.1%

WESTWOOD HOLDINGS GROUP, INC. earned $0.17 per diluted share (EPS) in Q2 2026. This represents an increase of 41.7% from the same quarter a year earlier. Against the prior quarter it is up 88.9%.

Cash & Balance Sheet

Free Cash Flow

$5.0M

YoY-30.9%

QoQ+279.5%

5Y CAGR-2.5%

10Y CAGR-8.9%

WESTWOOD HOLDINGS GROUP, INC. generated $5.0M in free cash flow in Q2 2026, representing cash available after capex. This represents a decrease of 30.9% from the same quarter a year earlier. Against the prior quarter it is up 279.5%.

Cash & Debt

$22.6M

YoY+46.8%

QoQ-3.4%

5Y CAGR+5.6%

10Y CAGR-2.5%

WESTWOOD HOLDINGS GROUP, INC. held $22.6M in cash as of Q2 2026; long-term debt is not reported for that period.

Shares Outstanding

YoY-5.3%

WESTWOOD HOLDINGS GROUP, INC. had 9M shares outstanding in Q2 2026. This represents a decrease of 5.3% from the same quarter a year earlier.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Operating Margin

8.1%

YoY+4.4pp

QoQ+14.1pp

WESTWOOD HOLDINGS GROUP, INC.'s operating margin was 8.1% in Q2 2026, reflecting core business profitability. This is up 4.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 14.1 percentage points.

Net Margin

6.0%

YoY+1.6pp

QoQ+2.9pp

5Y change+0.5pp

10Y change-12.2pp

WESTWOOD HOLDINGS GROUP, INC.'s net profit margin was 6.0% in Q2 2026, showing the share of revenue converted to profit. This is up 1.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.9 percentage points.

Return on Equity

1.2%

YoY+0.4pp

QoQ+0.6pp

5Y change+0.4pp

10Y change-2.9pp

WESTWOOD HOLDINGS GROUP, INC.'s ROE was 1.2% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 0.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.6 percentage points.

Gross Margin

Not reported for Q2 2026.

Capital Allocation

Capital Expenditures

$534K

QoQ+117.1%

5Y CAGR+44.8%

10Y CAGR-1.4%

WESTWOOD HOLDINGS GROUP, INC. invested $534K in capex in Q2 2026, funding long-term assets and infrastructure. Against the prior quarter it is up 117.1%.

R&D Spending

Not reported for Q2 2026.

Share Buybacks

Not reported for Q2 2026.

WHG Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

WHG quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$101.7M	$97.8M+3.2%	$94.7M+5.5%	$89.8M+30.7%	$68.7M-6.0%	$73.1M+12.2%	$65.1M-22.6%	$84.1M-31.3%	$122.3M-8.6%	$133.8M+8.7%	$123.0M-6.0%	$130.9M+15.6%	$113.2M+23.3%	$91.8M+18.5%	$77.5M+12.5%	$68.9M
SG&A Expenses	$11.2M	$11.3M-5.5%	$11.9M-4.5%	$12.5M+38.1%	$9.1M+12.2%	$8.1M-9.7%	$8.9M-6.0%	$9.5M-0.5%	$9.6M-0.9%	$9.7M+2.3%	$9.4M+10.6%	$8.5M+47.9%	$5.8M+9.5%	$5.3M+16.6%	$4.5M+15.8%	$3.9M
Operating Income	$4.7M	$5.0M+499.2%	$830K-86.2%	$6.0M+223.2%	-$4.9M-181.8%	$6.0M+272.9%	-$3.4M-174.2%	$4.6M-87.1%	$35.9M+6.0%	$33.9M-0.3%	$34.0M	N/A	N/A	N/A	N/A	N/A
EBITDA	N/A	$9.4M+68.8%	$5.6M-48.4%	$10.8M+571.2%	-$2.3M-127.5%	$8.4M+1137.9%	-$805K-111.1%	$7.3M-81.1%	$38.5M+4.5%	$36.8M-0.4%	$36.9M	N/A	N/A	N/A	N/A	N/A
Income Tax	$2.8M	$2.6M+44.1%	$1.8M-37.2%	$2.9M+606.5%	-$567K-113.4%	$4.2M+212.0%	$1.4M-61.1%	$3.5M-64.1%	$9.7M-30.2%	$13.9M+22.4%	$11.4M-24.8%	$15.1M+2.2%	$14.8M+42.9%	$10.3M+30.4%	$7.9M-5.8%	$8.4M
Net Income	$7.9M	$7.1M+220.1%	$2.2M-79.1%	$10.6M+328.4%	-$4.6M-147.4%	$9.8M+209.1%	-$8.9M-251.4%	$5.9M-77.9%	$26.8M+33.8%	$20.0M-11.7%	$22.6M-16.4%	$27.1M-0.5%	$27.2M+52.8%	$17.8M+47.6%	$12.1M-17.7%	$14.7M
EPS (Basic)	N/A	$0.84+211.1%	$0.27-77.5%	$1.20+303.4%	-$0.59-147.6%	$1.24+210.7%	-$1.12-260.0%	$0.70-78.1%	$3.20+30.6%	$2.45-13.7%	$2.84-18.6%	$3.49-3.9%	$3.63+49.4%	$2.43+43.8%	$1.69-19.9%	$2.11
EPS (Diluted)	$0.87	$0.79+203.8%	$0.26-77.8%	$1.17+298.3%	-$0.59-148.0%	$1.23+209.8%	-$1.12-260.0%	$0.70-77.6%	$3.13+31.5%	$2.38-14.1%	$2.77-16.8%	$3.33-3.5%	$3.45+48.7%	$2.32+40.6%	$1.65-19.1%	$2.04
Diluted Shares (Avg)	N/A	9M+4.3%	9M+5.0%	8M+3.4%	8M-1.1%	8M-0.7%	8M-5.6%	8M-1.0%	9M+1.8%	8M+2.9%	8M+0.2%	8M+3.1%	8M+2.8%	8M+5.3%	7M+1.4%	7M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-K
Revenue	$25.3M+9.6%	$25.0M+7.4%	$27.1M+32.5%	$24.3M+2.4%	$23.1M+1.9%	$23.3M+2.3%	$20.5M+5.5%	$23.7M+32.8%
SG&A Expenses	$2.8M-5.5%	$3.0M+3.6%	$2.7M	$2.8M-7.3%	$3.0M-1.2%	$2.9M-0.7%	N/A	$3.0M-9.3%
Operating Income	$2.1M+137.8%	-$1.5M-2100.0%	$2.2M	$2.0M+506.7%	$868K+120.8%	-$68K-102.3%	N/A	-$494K+66.0%
EBITDA	$2.8M+37.7%	-$613K-155.3%	$3.1M	$3.2M+386.9%	$2.0M+167.8%	$1.1M-73.3%	N/A	$655K+367.3%
Income Tax	$725K+65.9%	$46K-60.0%	$1.1M	$963K+212.7%	$437K+136.6%	$115K-91.9%	N/A	$308K+197.5%
Net Income	$1.5M+48.1%	$782K+63.9%	$1.8M+158.9%	$3.7M+417.4%	$1.0M+372.8%	$477K+854.0%	-$3.1M-211.1%	-$1.2M-162.5%
EPS (Basic)	$0.18+50.0%	$0.09+50.0%	$0.22+155.0%	$0.44+393.3%	$0.12+340.0%	$0.06+500.0%	-$0.40-211.1%	-$0.15-162.5%
EPS (Diluted)	$0.17+41.7%	$0.09+80.0%	$0.20+150.0%	$0.41+373.3%	$0.12+340.0%	$0.05	-$0.40-211.1%	-$0.15-162.5%
Diluted Shares (Avg)	9M+3.0%	9M+3.0%	N/A	9M+5.3%	9M+7.2%	9M	N/A	8M+4.6%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Interest Expense.

WHG Balance Sheet

WHG quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$162.3M+8.2%	$150.0M-3.3%	$155.2M+6.0%	$146.4M+4.9%	$139.6M-6.4%	$149.2M-16.5%	$178.7M-10.3%	$199.2M+3.4%	$192.7M+7.2%	$179.7M-0.9%	$181.3M+29.6%	$139.9M+20.5%	$116.0M+20.1%	$96.6M+6.6%	$90.6M
Current Assets	N/A	N/A	$72.2M+24.1%	$58.2M-38.0%	$93.9M-2.5%	$96.3M-17.7%	$117.0M-16.3%	$139.7M+1.2%	$138.1M+19.1%	$116.0M-1.4%	$117.6M-1.0%	$118.8M+23.4%	$96.2M+24.4%	$77.4M+6.7%	$72.5M
Cash & Equivalents	$26.2M+39.3%	$18.8M-7.7%	$20.4M-14.4%	$23.9M+56.9%	$15.2M+16.8%	$13.0M-73.8%	$49.8M-5.1%	$52.4M-3.3%	$54.2M+61.1%	$33.7M+48.1%	$22.7M+25.4%	$18.1M+66.9%	$10.9M+184.6%	$3.8M-27.5%	$5.3M
Short-Term Investments	$21.4M-22.6%	$27.7M-15.9%	$32.9M+114.5%	$15.3M-76.4%	$65.0M-6.5%	$69.5M+38.2%	$50.3M-23.5%	$65.8M+28.2%	$51.3M-9.1%	$56.5M-21.9%	$72.3M-9.2%	$79.6M+23.3%	$64.6M+7.8%	$59.9M+9.2%	$54.9M
Accounts Receivable	$16.8M+15.9%	$14.5M+0.4%	$14.4M+3.6%	$13.9M+24.6%	$11.2M+18.0%	$9.4M-28.3%	$13.2M-28.5%	$18.4M-14.9%	$21.7M-7.6%	$23.4M+19.4%	$19.6M+34.9%	$14.5M+0.5%	$14.5M+62.2%	$8.9M+15.7%	$7.7M
Long-Term Investments	$0	$0-100.0%	$241K-92.0%	$3.0M-32.9%	$4.5M+28.0%	$3.5M-16.8%	$4.2M	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$39.5M0.0%	$39.5M0.0%	$39.5M+10.5%	$35.7M+117.9%	$16.4M0.0%	$16.4M-17.2%	$19.8M0.0%	$19.8M-27.0%	$27.1M0.0%	$27.1M0.0%	$27.1M+141.2%	$11.3M0.0%	$11.3M0.0%	$11.3M0.0%	$11.3M
Total Liabilities	$35.6M+28.6%	$27.7M-15.5%	$32.7M-8.5%	$35.8M+64.9%	$21.7M+17.7%	$18.4M-39.4%	$30.4M-20.0%	$38.0M+4.9%	$36.3M+7.9%	$33.6M-29.0%	$47.4M+58.6%	$29.9M+9.1%	$27.4M+36.5%	$20.1M+1.1%	$19.8M
Current Liabilities	N/A	N/A	$18.6M+5.9%	$17.6M+11.2%	$15.8M+34.3%	$11.8M-44.8%	$21.4M-21.3%	$27.1M-14.0%	$31.5M+6.3%	$29.7M-33.9%	$44.9M+64.9%	$27.2M+9.5%	$24.9M+32.0%	$18.8M+7.4%	$17.5M
Non-Current Liabilities	N/A	$14.9M+6.2%	$14.1M-22.5%	$18.2M+210.1%	$5.9M-11.9%	$6.6M-26.7%	$9.1M-16.9%	$10.9M+130.5%	$4.7M+20.1%	$3.9M+56.6%	$2.5M-5.5%	$2.7M+5.1%	$2.5M+104.7%	$1.2M-46.6%	$2.3M
Total Equity	$125.6M+2.7%	$122.3M0.0%	$122.3M+10.6%	$110.6M-6.2%	$117.9M-9.8%	$130.7M-11.9%	$148.3M-8.0%	$161.1M+3.0%	$156.4M+7.1%	$146.1M+9.0%	$134.0M+21.8%	$110.0M+24.1%	$88.7M+15.8%	$76.6M+7.7%	$71.1M
Retained Earnings	$9.0M+44.7%	$6.2M+33.5%	$4.7M+209.3%	-$4.3M-197.5%	$4.4M+357.3%	-$1.7M-115.5%	$11.0M-64.1%	$30.5M+6.7%	$28.6M-10.3%	$31.9M+7.4%	$29.7M+46.1%	$20.3M+149.3%	$8.1M+126.3%	$3.6M-44.4%	$6.5M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-K
Total Assets	$155.4M+6.2%	$150.4M+11.4%	$162.3M+8.2%	$154.0M+1.7%	$146.3M-0.7%	$135.0M-9.4%	$150.0M-3.3%	$151.5M+0.5%
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$68.6M+3.6%
Cash & Equivalents	$22.6M+46.8%	$23.4M+148.6%	$26.2M+39.3%	$21.6M-5.2%	$15.4M-35.2%	$9.4M-63.6%	$18.8M-7.7%	$22.8M+32.7%
Short-Term Investments	$19.6M-0.8%	$15.6M-20.9%	$21.4M-22.6%	$19.7M-22.7%	$19.8M-2.9%	$19.7M-4.7%	$27.7M-15.9%	$25.5M-18.5%
Accounts Receivable	$16.1M+5.3%	$16.4M+1.9%	$16.8M+15.9%	$14.6M-0.2%	$15.3M+7.0%	$16.1M+5.8%	$14.5M+0.4%	$14.6M+10.8%
Long-Term Investments	$0	$0	$0	$0-100.0%	$0-100.0%	$0-100.0%	$0-100.0%	$8.9M+23.4%
Goodwill	$39.5M0.0%	$39.5M0.0%	$39.5M0.0%	$39.5M0.0%	$39.5M0.0%	$39.5M0.0%	$39.5M0.0%	$39.5M0.0%
Total Liabilities	$27.9M+16.7%	$24.3M+78.7%	$35.6M+28.6%	$28.1M-9.8%	$23.9M-11.1%	$13.6M-46.2%	$27.7M-15.5%	$31.1M+0.5%
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$16.2M-2.0%
Non-Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	$14.9M+6.2%	$14.9M+3.5%
Total Equity	$126.3M+3.3%	$125.0M+2.9%	$125.6M+2.7%	$123.9M+2.9%	$122.4M+1.6%	$121.4M0.0%	$122.3M0.0%	$120.4M+0.5%
Retained Earnings	$8.4M+36.2%	$8.4M+27.8%	$9.0M+44.7%	$8.5M+97.7%	$6.2M+42.9%	$6.5M-3.2%	$6.2M+33.5%	$4.3M+94.1%

Not reported in any period shown, so not listed: Inventory, Long-Term Debt.

WHG Cash Flow Statement

WHG quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$19.5M	$18.9M-10.4%	$21.1M+1882.4%	-$1.2M-102.3%	$51.5M+165.6%	$19.4M+298.4%	-$9.8M-130.4%	$32.2M+2.2%	$31.5M-34.4%	$48.0M+1.3%	$47.4M-14.2%	$55.2M+108.2%	$26.5M+22.2%	$21.7M+57.5%	$13.8M-25.7%	$18.5M
Depreciation & Amortization	N/A	$4.4M-6.4%	$4.8M-1.4%	$4.8M+87.1%	$2.6M+7.5%	$2.4M-9.3%	$2.6M+0.7%	$2.6M+3.3%	$2.5M-12.9%	$2.9M-0.4%	$2.9M+12.8%	$2.6M+176.8%	$938K+22.0%	$769K-6.3%	$821K+7.7%	$762K
Stock-Based Compensation	N/A	$5.1M-7.0%	$5.5M-15.1%	$6.5M+8.6%	$6.0M+2.8%	$5.8M-12.9%	$6.7M-35.0%	$10.3M-32.6%	$15.3M-7.0%	$16.4M+3.0%	$16.0M-9.2%	$17.6M+28.4%	$13.7M+17.2%	$11.7M+11.0%	$10.5M+5.5%	$10.0M
Capital Expenditures	$860K	$86K-21.1%	$109K-25.9%	$147K-54.1%	$320K+79.8%	$178K+91.4%	$93K-84.3%	$593K-40.2%	$991K+12.1%	$884K-51.4%	$1.8M+122.9%	$816K+70.7%	$478K-60.2%	$1.2M+354.9%	$264K-81.6%	$1.4M
Free Cash Flow	$18.7M	$18.8M-10.4%	$21.0M+1677.6%	-$1.3M-102.6%	$51.2M+166.4%	$19.2M+294.7%	-$9.9M-131.2%	$31.6M+3.6%	$30.5M-35.3%	$47.1M+3.4%	$45.6M-16.2%	$54.4M+108.8%	$26.0M+27.0%	$20.5M+51.7%	$13.5M-21.0%	$17.1M
Investing Cash Flow	-$4.6M	-$3.7M+20.5%	-$4.6M-212.2%	$4.1M+112.2%	-$33.7M-452.7%	$9.6M+239250.0%	-$4K+99.9%	-$4.8M-234.8%	$3.6M+408.2%	-$1.2M	N/A	N/A	N/A	-$1.2M-173.4%	$1.6M+172.9%	-$2.2M
Financing Cash Flow	-$7.7M	-$7.9M+56.6%	-$18.1M-184.2%	-$6.4M+30.1%	-$9.1M+66.0%	-$26.8M-3.9%	-$25.8M+19.0%	-$31.9M+6.6%	-$34.1M-19.4%	-$28.6M	N/A	N/A	N/A	-$13.3M+21.2%	-$16.9M-32.1%	-$12.8M
Dividends Paid	$5.5M	$5.4M-1.4%	$5.4M-1.1%	$5.5M-2.2%	$5.6M-75.5%	$22.9M+107.7%	$11.0M-57.7%	$26.1M+6.0%	$24.6M+12.3%	$21.9M+12.8%	$19.4M+17.0%	$16.6M+19.0%	$14.0M+49.6%	$9.3M-33.3%	$14.0M+76.6%	$7.9M
Share Buybacks	N/A	$0-100.0%	$1.3M	$0-100.0%	$2.9M-4.6%	$3.0M-76.9%	$13.0M+436.5%	$2.4M-39.6%	$4.0M	$0-100.0%	$5.6M	$0	$0-100.0%	$878K-76.9%	$3.8M-36.3%	$6.0M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-K
Operating Cash Flow	$5.6M-23.5%	-$2.6M+47.6%	$8.0M-10.4%	$8.5M+1514.2%	$7.3M+105.6%	-$4.9M-160.2%	$8.9M+98.0%	$529K+129.7%
Depreciation & Amortization	$732K-37.0%	$883K-25.0%	$927K-22.8%	$1.2M+2.7%	$1.2M-1.9%	$1.2M-3.2%	$1.2M-0.1%	$1.1M-4.9%
Stock-Based Compensation	N/A	$1.3M-5.0%	N/A	N/A	N/A	$1.3M-12.4%	N/A	N/A
Capital Expenditures	$534K	$246K+4000.0%	$4K-94.7%	$76K+660.0%	$0-100.0%	$6K+100.0%	$75K+167.9%	$10K-54.5%
Free Cash Flow	$5.0M-30.9%	-$2.8M+42.7%	$8.0M-9.7%	$8.5M+1530.6%	$7.3M+106.8%	-$4.9M-160.3%	$8.8M+97.6%	$519K+128.8%
Investing Cash Flow	-$5.1M-13573.0%	$2.6M+286.5%	-$1.1M+63.1%	-$1.1M-10660.0%	-$37K+97.6%	-$1.4M-47166.7%	-$3.1M-10896.4%	-$10K-100.2%
Financing Cash Flow	-$1.3M-3.2%	-$2.9M+6.4%	-$2.2M+77.5%	-$1.3M+15.8%	-$1.3M+69.1%	-$3.1M-16.8%	-$9.8M-696.4%	-$1.5M-20.2%
Dividends Paid	$1.3M+3.2%	$1.6M+3.2%	$1.2M+1.3%	$1.3M+2.9%	$1.3M+1.7%	$1.6M-8.6%	$1.2M+0.2%	$1.2M+0.4%
Share Buybacks	N/A	N/A	$0	$0-100.0%	N/A	N/A	$0	$273K

WHG Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

WHG quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Margin	5.1%+4.2pp	0.9%-5.8pp	6.7%+13.8pp	-7.1%-15.3pp	8.2%+13.5pp	-5.3%-10.8pp	5.5%-23.9pp	29.4%+4.1pp	25.3%-2.3pp	27.7%	N/A	N/A	N/A	N/A	N/A
Net Margin	7.2%+4.9pp	2.3%-9.4pp	11.8%+18.5pp	-6.7%-20.1pp	13.4%+27.1pp	-13.7%-20.8pp	7.0%-14.8pp	21.9%+6.9pp	14.9%-3.5pp	18.4%-2.3pp	20.7%-3.4pp	24.1%+4.6pp	19.4%+3.8pp	15.6%-5.7pp	21.3%
Return on Equity	5.6%+3.8pp	1.8%-6.8pp	8.6%+12.8pp	-4.2%-12.5pp	8.3%+15.1pp	-6.8%-10.8pp	4.0%-12.6pp	16.6%+3.8pp	12.8%-2.7pp	15.5%-4.7pp	20.2%-4.5pp	24.8%+4.7pp	20.1%+4.3pp	15.8%-4.9pp	20.7%
Return on Assets	4.4%+2.9pp	1.5%-5.3pp	6.8%+10.0pp	-3.2%-10.2pp	7.0%+13.0pp	-6.0%-9.3pp	3.3%-10.1pp	13.4%+3.0pp	10.4%-2.2pp	12.6%-2.3pp	14.9%-4.5pp	19.5%+4.1pp	15.4%+2.9pp	12.5%-3.7pp	16.2%
Current Ratio	N/A	N/A	3.87+0.6x	3.30-2.6x	5.92-2.2x	8.17+2.7x	5.48+0.3x	5.15+0.8x	4.38+0.5x	3.91+1.3x	2.62-1.7x	4.37+0.5x	3.87-0.2x	4.110.0x	4.14
Debt-to-Equity	0.28+0.1x	0.230.0x	0.27-0.1x	0.32+0.1x	0.180.0x	0.14-0.1x	0.210.0x	0.240.0x	0.230.0x	0.23-0.1x	0.35+0.1x	0.270.0x	0.310.0x	0.260.0x	0.28
Asset Turnover	0.600.0x	0.63+0.1x	0.58+0.1x	0.47-0.1x	0.52+0.1x	0.440.0x	0.47-0.1x	0.61-0.1x	0.690.0x	0.680.0x	0.72-0.1x	0.810.0x	0.790.0x	0.800.0x	0.76
FCF Margin	19.3%-2.9pp	22.2%+23.7pp	-1.5%-76.0pp	74.5%+48.2pp	26.3%+41.4pp	-15.2%-52.7pp	37.6%+12.6pp	24.9%-10.3pp	35.2%-1.8pp	37.0%-4.5pp	41.5%+18.5pp	23.0%+0.7pp	22.3%+4.9pp	17.4%-7.4pp	24.8%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-K
Operating Margin	8.1%+4.4pp	-6.0%-5.7pp	8.0%	8.3%+10.3pp	3.8%+22.2pp	-0.3%-13.2pp	N/A	-2.1%+6.1pp
Net Margin	6.0%+1.6pp	3.1%+1.1pp	6.8%+22.1pp	15.3%+20.3pp	4.5%+6.1pp	2.1%+1.8pp	-15.3%-29.8pp	-5.0%-15.5pp
Return on Equity	1.2%+0.4pp	0.6%+0.2pp	1.5%+4.0pp	3.0%+4.0pp	0.8%+1.1pp	0.4%+0.3pp	-2.5%-4.9pp	-1.0%-2.5pp
Return on Assets	1.0%+0.3pp	0.5%+0.2pp	1.1%+3.2pp	2.4%+3.2pp	0.7%+1.0pp	0.4%+0.3pp	-2.1%-3.9pp	-0.8%-2.0pp
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	4.24+0.2x
Debt-to-Equity	0.220.0x	0.19+0.1x	0.28+0.1x	0.230.0x	0.200.0x	0.11-0.1x	0.230.0x	0.260.0x
Asset Turnover	0.160.0x	0.170.0x	0.170.0x	0.160.0x	0.160.0x	0.170.0x	0.140.0x	0.160.0x
FCF Margin	19.9%-11.7pp	-11.3%+9.8pp	29.4%-13.8pp	34.8%+32.6pp	31.6%+16.0pp	-21.1%-56.9pp	43.2%+20.1pp	2.2%+12.3pp

Not reported in any period shown, so not listed: Gross Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
WESTWOOD HOLDINGS GROUP, INC. WHG	FY2025	$97.8M	$7.1M	7.2%	$180.6M	60/100
Oxford Square Capital Corp. OXSQ	FY2025	N/A	-$18.7M	N/A	$142.2M	—

Where WESTWOOD HOLDINGS GROUP, INC. Ranks

Frequently Asked Questions

What is WESTWOOD HOLDINGS GROUP, INC.'s annual revenue?

WESTWOOD HOLDINGS GROUP, INC. (WHG) reported $97.8M in total revenue for fiscal year 2025. This represents a 3.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is WESTWOOD HOLDINGS GROUP, INC.'s revenue growing?

WESTWOOD HOLDINGS GROUP, INC. (WHG) revenue grew by 3.2% year-over-year, from $94.7M to $97.8M in fiscal year 2025.

Is WESTWOOD HOLDINGS GROUP, INC. profitable?

Yes, WESTWOOD HOLDINGS GROUP, INC. (WHG) reported a net income of $7.1M in fiscal year 2025, with a net profit margin of 7.2%.

What is WESTWOOD HOLDINGS GROUP, INC.'s EBITDA?

WESTWOOD HOLDINGS GROUP, INC. (WHG) had EBITDA of $9.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is WESTWOOD HOLDINGS GROUP, INC.'s operating margin?

WESTWOOD HOLDINGS GROUP, INC. (WHG) had an operating margin of 5.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is WESTWOOD HOLDINGS GROUP, INC.'s net profit margin?

WESTWOOD HOLDINGS GROUP, INC. (WHG) had a net profit margin of 7.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is WESTWOOD HOLDINGS GROUP, INC.'s return on equity (ROE)?

WESTWOOD HOLDINGS GROUP, INC. (WHG) has a return on equity of 5.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is WESTWOOD HOLDINGS GROUP, INC.'s free cash flow?

WESTWOOD HOLDINGS GROUP, INC. (WHG) generated $18.8M in free cash flow during fiscal year 2025. This represents a -10.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is WESTWOOD HOLDINGS GROUP, INC.'s operating cash flow?

WESTWOOD HOLDINGS GROUP, INC. (WHG) generated $18.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are WESTWOOD HOLDINGS GROUP, INC.'s total assets?

WESTWOOD HOLDINGS GROUP, INC. (WHG) had $162.3M in total assets as of fiscal year 2025, including both current and long-term assets.

What are WESTWOOD HOLDINGS GROUP, INC.'s capital expenditures?

WESTWOOD HOLDINGS GROUP, INC. (WHG) invested $86K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does WESTWOOD HOLDINGS GROUP, INC. have outstanding?

WESTWOOD HOLDINGS GROUP, INC. (WHG) had 9M shares outstanding as of fiscal year 2025.

What is WESTWOOD HOLDINGS GROUP, INC.'s debt-to-equity ratio?

WESTWOOD HOLDINGS GROUP, INC. (WHG) had a debt-to-equity ratio of 0.28 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is WESTWOOD HOLDINGS GROUP, INC.'s return on assets (ROA)?

WESTWOOD HOLDINGS GROUP, INC. (WHG) had a return on assets of 4.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is WESTWOOD HOLDINGS GROUP, INC.'s P/E ratio?

WESTWOOD HOLDINGS GROUP, INC. (WHG) trades at 22.9x earnings, its market capitalization divided by net income of $7.9M net income, trailing 12 months to June 30, 2026. The market capitalization is $180.6M as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is WESTWOOD HOLDINGS GROUP, INC.'s price-to-sales ratio?

WESTWOOD HOLDINGS GROUP, INC. (WHG) trades at 1.8x sales, its market capitalization divided by revenue of $101.7M revenue, trailing 12 months to June 30, 2026. The market capitalization is $180.6M as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is WESTWOOD HOLDINGS GROUP, INC.'s Piotroski F-Score?

WESTWOOD HOLDINGS GROUP, INC. (WHG) has a Piotroski F-Score of 4 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are WESTWOOD HOLDINGS GROUP, INC.'s earnings high quality?

WESTWOOD HOLDINGS GROUP, INC. (WHG) has an earnings quality ratio of 2.67x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is WESTWOOD HOLDINGS GROUP, INC.?

WESTWOOD HOLDINGS GROUP, INC. (WHG) scores 60 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.