Westwood Holdings Group Inc (WHG) Financial Statements
Industry: Investment Advice
In fiscal 2025, Westwood reported revenue of $97.8M, up 3.2% from $94.7M the year before. Net income was $7.1M (a 7.2% net margin), or $0.79 per diluted share. Operating margin was 5.1%. Operating activities generated $18.9M of cash, leaving $18.8M of free cash flow. At fiscal year end, Westwood held $162.3M in total assets against $35.6M in total liabilities, including $26.2M of cash and equivalents.
Open the full interactive Westwood financials → Quarterly statements, key ratios, valuation history and price charts.
Westwood Key Stats
| Share Price | $19.07 |
|---|---|
| Market Cap | $173.2M |
| P/E Ratio | 24.1 |
| Dividend Yield | 3.15% |
| Revenue YoY Growth | +3.2% |
| 52-Week Range | $14.51 – $20.18 |
| Shares Outstanding | 8.6 million (basic, 2026 Q2) |
Westwood Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $65.1M | $73.1M | $68.7M | $89.8M | $94.7M | $97.8M |
| Operating Income | -$3.4M | $6.0M | -$4.9M | $6.0M | $830,000 | $5.0M |
| Pre-Tax Income | -$7.6M | $14.0M | -$5.2M | $13.4M | $4.0M | $9.7M |
| Income Tax | $1.4M | $4.2M | -$567,000 | $2.9M | $1.8M | $2.6M |
| Net Income | -$8.9M | $9.8M | -$4.6M | $10.6M | $2.2M | $7.1M |
| Diluted EPS | -$1.12 | $1.23 | -$0.59 | $1.17 | $0.26 | $0.79 |
Westwood Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $24.3M | $27.1M | $25.0M | $25.3M |
| Net Income | $3.7M | $1.8M | $782,000 | $1.5M |
| Diluted EPS | $0.41 | $0.21 | $0.09 | $0.17 |
Westwood Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $13.0M | $15.2M | $23.9M | $20.4M | $18.8M | $26.2M |
| Current Assets | $96.3M | $93.9M | $58.2M | $72.2M | — | — |
| Total Assets | $149.2M | $139.6M | $146.4M | $155.2M | $150.0M | $162.3M |
| Current Liabilities | $11.8M | $15.8M | $17.6M | $18.6M | — | — |
| Total Liabilities | $18.4M | $21.7M | $35.8M | $32.7M | $27.7M | $35.6M |
| Shareholders' Equity | $130.7M | $117.9M | $110.6M | $120.4M | $120.3M | $125.6M |
Westwood Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$9.8M | $19.4M | $51.5M | -$1.2M | $21.1M | $18.9M |
| Cash From Investing | -$4,000 | $9.6M | -$33.7M | $4.1M | -$4.6M | -$3.7M |
| Cash From Financing | -$25.8M | -$26.8M | -$9.1M | -$6.4M | -$18.1M | -$7.9M |
| Free Cash Flow | -$9.9M | $19.2M | $51.2M | -$1.3M | $21.0M | $18.8M |
| Dividends Paid | $11.0M | $22.9M | $5.6M | $5.5M | $5.4M | $5.4M |
Figures from Westwood's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Westwood financials page for every line item.
Westwood Company Profile
| Ticker | WHG |
|---|---|
| Exchange | NYSE |
| Industry | Investment Advice |
| Headquarters | Dallas, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001165002 |
Frequently Asked Questions
What was Westwood's revenue in fiscal 2025?
Westwood (WHG) reported revenue of $97.8M for fiscal 2025.
What is Westwood's annual revenue history?
Westwood's annual revenue by fiscal year: 2020: $65.1M; 2021: $73.1M; 2022: $68.7M; 2023: $89.8M; 2024: $94.7M; 2025: $97.8M.
What was Westwood's net income in fiscal 2025?
Westwood reported net income of $7.1M for fiscal 2025.
What was Westwood's earnings per share (EPS) in fiscal 2025?
Westwood's diluted EPS was $0.79 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Westwood generate in fiscal 2025?
Westwood generated $18.8M of free cash flow in fiscal 2025.
What was Westwood's revenue last quarter?
In its most recent reported quarter (2026 Q2), Westwood reported revenue of $25.3M.
How many shares of Westwood are outstanding?
Westwood reported a weighted average of 8.6 million basic shares outstanding in 2026 Q2.
What is Westwood's market cap?
Based on its latest closing price, Westwood (WHG) has a market capitalization of about $173.2M.
When does Westwood's fiscal year end?
Westwood's fiscal year end, as registered with the SEC, is December 31.
Where is Westwood headquartered?
Westwood lists its business address in Dallas, Texas in its SEC filings.