Annual Income Statements for WisdomTree
This table shows WisdomTree's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for WisdomTree
This table shows WisdomTree's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Net Income / (Loss) Attributable to Common Shareholders |
|
81 |
-28 |
17 |
54 |
13 |
18 |
24 |
22 |
-4.49 |
25 |
Consolidated Net Income / (Loss) |
|
81 |
-28 |
16 |
54 |
13 |
19 |
22 |
22 |
-4.49 |
27 |
Net Income / (Loss) Continuing Operations |
|
81 |
-28 |
17 |
54 |
13 |
18 |
24 |
22 |
-4.49 |
25 |
Total Pre-Tax Income |
|
85 |
-28 |
18 |
58 |
19 |
25 |
28 |
30 |
3.87 |
34 |
Total Revenue |
|
68 |
104 |
65 |
82 |
89 |
98 |
97 |
100 |
81 |
114 |
Net Interest Income / (Expense) |
|
-2.92 |
12 |
-2.92 |
-3.02 |
0.79 |
9.25 |
-2.73 |
-2.70 |
1.80 |
10 |
Total Interest Income |
|
0.81 |
0.95 |
1.08 |
1.00 |
0.79 |
1.23 |
1.40 |
1.44 |
1.80 |
2.15 |
Investment Securities Interest Income |
|
0.81 |
0.95 |
1.08 |
1.00 |
0.79 |
1.23 |
1.40 |
1.44 |
1.80 |
2.15 |
Total Interest Expense |
|
3.73 |
-11 |
4.00 |
4.02 |
0.00 |
-8.02 |
4.13 |
4.14 |
0.00 |
-8.27 |
Total Non-Interest Income |
|
71 |
92 |
68 |
85 |
88 |
89 |
99 |
103 |
80 |
104 |
Net Realized & Unrealized Capital Gains on Investments |
|
0.00 |
25 |
-9.72 |
1.29 |
0.00 |
-1.29 |
2.59 |
-1.28 |
-31 |
-1.31 |
Other Non-Interest Income |
|
72 |
73 |
78 |
86 |
90 |
95 |
97 |
107 |
113 |
111 |
Total Non-Interest Expense |
|
-17 |
96 |
46 |
24 |
67 |
75 |
67 |
71 |
74 |
86 |
Salaries and Employee Benefits |
|
24 |
25 |
27 |
26 |
28 |
28 |
31 |
31 |
29 |
30 |
Net Occupancy & Equipment Expense |
|
0.99 |
1.11 |
1.10 |
1.17 |
1.20 |
1.21 |
1.21 |
1.31 |
1.40 |
1.42 |
Marketing Expense |
|
5.87 |
7.65 |
7.00 |
7.79 |
7.22 |
8.83 |
8.02 |
8.75 |
8.36 |
10 |
Other Operating Expenses |
|
30 |
32 |
5.97 |
30 |
28 |
57 |
26 |
30 |
35 |
44 |
Depreciation Expense |
|
0.06 |
0.10 |
0.11 |
0.12 |
0.31 |
0.34 |
0.38 |
0.42 |
0.45 |
0.50 |
Income Tax Expense |
|
3.33 |
-0.02 |
1.38 |
3.56 |
5.84 |
5.69 |
5.70 |
7.77 |
8.35 |
6.89 |
Basic Earnings per Share |
|
$0.50 |
($0.16) |
$0.10 |
$0.32 |
$0.07 |
$0.17 |
$0.14 |
$0.13 |
($0.13) |
$0.20 |
Weighted Average Basic Shares Outstanding |
|
143.12M |
143.02K |
143.86M |
144.35M |
145.28M |
144.71M |
146.46M |
146.90M |
143.93M |
144.63K |
Diluted Earnings per Share |
|
$0.50 |
($0.16) |
$0.10 |
$0.32 |
$0.07 |
$0.15 |
$0.13 |
$0.13 |
($0.13) |
$0.20 |
Weighted Average Diluted Shares Outstanding |
|
158.95M |
158.91M |
159.89M |
170.67M |
177.14M |
170.41M |
165.27M |
166.36M |
143.93M |
158.84K |
Weighted Average Basic & Diluted Shares Outstanding |
|
146.52M |
149.30M |
149.26M |
150.32M |
150.34M |
151.85M |
151.82M |
151.86M |
146.10M |
147.05M |
Cash Dividends to Common per Share |
|
$0.03 |
$0.03 |
$0.03 |
$0.03 |
$0.03 |
$0.03 |
$0.03 |
$0.03 |
$0.03 |
$0.03 |
Annual Cash Flow Statements for WisdomTree
This table details how cash moves in and out of WisdomTree's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Net Change in Cash & Equivalents |
|
61 |
45 |
-117 |
-39 |
24 |
-2.81 |
-1.55 |
67 |
-5.35 |
-2.80 |
52 |
Net Cash From Operating Activities |
|
83 |
155 |
55 |
49 |
37 |
57 |
47 |
75 |
55 |
86 |
113 |
Net Cash From Continuing Operating Activities |
|
83 |
155 |
55 |
49 |
37 |
57 |
47 |
75 |
55 |
86 |
113 |
Net Income / (Loss) Continuing Operations |
|
61 |
80 |
26 |
27 |
37 |
-10 |
-36 |
50 |
51 |
103 |
67 |
Consolidated Net Income / (Loss) |
|
61 |
80 |
26 |
27 |
37 |
-10 |
-36 |
50 |
51 |
103 |
67 |
Depreciation Expense |
|
0.82 |
1.01 |
1.31 |
1.40 |
1.30 |
1.05 |
1.02 |
0.74 |
0.26 |
0.87 |
1.75 |
Amortization Expense |
|
-0.07 |
- |
- |
- |
2.09 |
6.06 |
6.22 |
4.14 |
3.56 |
3.10 |
3.20 |
Non-Cash Adjustments to Reconcile Net Income |
|
22 |
66 |
29 |
14 |
51 |
96 |
104 |
86 |
13 |
-21 |
50 |
Changes in Operating Assets and Liabilities, net |
|
-1.28 |
8.03 |
-1.36 |
5.89 |
-54 |
-35 |
-29 |
-65 |
-12 |
0.54 |
-8.03 |
Net Cash From Investing Activities |
|
-5.83 |
-12 |
-89 |
-37 |
-182 |
-18 |
11 |
-100 |
-38 |
82 |
-24 |
Net Cash From Continuing Investing Activities |
|
-5.83 |
-12 |
-89 |
-37 |
-182 |
-18 |
11 |
-100 |
-38 |
82 |
-24 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-4.89 |
-2.62 |
-1.07 |
-0.30 |
-0.07 |
-0.05 |
-0.47 |
-0.29 |
-0.22 |
-0.11 |
-0.14 |
Purchase of Investment Securities |
|
-3.23 |
-14 |
-111 |
-124 |
-8.00 |
-25 |
-36 |
-116 |
-90 |
-71 |
-72 |
Divestitures |
|
- |
- |
- |
- |
- |
- |
2.77 |
- |
52 |
125 |
48 |
Sale and/or Maturity of Investments |
|
2.29 |
4.76 |
23 |
95 |
66 |
15 |
45 |
19 |
0.05 |
29 |
0.59 |
Other Investing Activities, net |
|
- |
- |
- |
-8.28 |
0.00 |
-8.11 |
- |
-5.75 |
- |
-0.99 |
0.00 |
Net Cash From Financing Activities |
|
-16 |
-98 |
-83 |
-51 |
169 |
-44 |
-60 |
93 |
-23 |
-172 |
-36 |
Net Cash From Continuing Financing Activities |
|
-16 |
-98 |
-83 |
-51 |
169 |
-44 |
-60 |
93 |
-23 |
-172 |
-36 |
Issuance of Debt |
|
- |
- |
- |
- |
200 |
0.00 |
175 |
150 |
0.00 |
130 |
345 |
Issuance of Preferred Equity |
|
- |
- |
- |
- |
- |
- |
- |
0.00 |
0.00 |
-40 |
0.00 |
Repayment of Debt |
|
- |
- |
- |
- |
-8.69 |
-21 |
-184 |
-4.30 |
0.00 |
-188 |
-140 |
Repurchase of Preferred Equity |
|
- |
- |
- |
- |
- |
- |
- |
- |
0.00 |
0.00 |
-144 |
Repurchase of Common Equity |
|
-6.53 |
-24 |
-39 |
-7.89 |
-3.07 |
-2.34 |
-31 |
-35 |
-3.42 |
-3.57 |
-63 |
Payment of Dividends |
|
-11 |
-79 |
-44 |
-44 |
-19 |
-20 |
-20 |
-19 |
-19 |
-20 |
-19 |
Other Financing Activities, Net |
|
1.54 |
4.52 |
0.20 |
0.53 |
0.19 |
0.16 |
0.29 |
0.82 |
0.00 |
-50 |
-15 |
Cash Interest Paid |
|
- |
- |
- |
- |
5.58 |
8.04 |
7.09 |
9.90 |
12 |
11 |
12 |
Cash Income Taxes Paid |
|
0.07 |
1.26 |
15 |
33 |
14 |
10 |
10 |
8.46 |
13 |
16 |
32 |
Quarterly Cash Flow Statements for WisdomTree
This table details how cash moves in and out of WisdomTree's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Net Change in Cash & Equivalents |
|
23 |
2.66 |
-13 |
-35 |
5.75 |
40 |
-12 |
16 |
44 |
4.71 |
Net Cash From Operating Activities |
|
35 |
12 |
-5.40 |
25 |
28 |
37 |
-1.04 |
32 |
48 |
35 |
Net Cash From Continuing Operating Activities |
|
35 |
12 |
-5.40 |
25 |
28 |
37 |
-1.04 |
32 |
48 |
35 |
Net Income / (Loss) Continuing Operations |
|
81 |
-28 |
16 |
54 |
13 |
19 |
22 |
22 |
-4.49 |
27 |
Consolidated Net Income / (Loss) |
|
81 |
-28 |
16 |
54 |
13 |
19 |
22 |
22 |
-4.49 |
27 |
Depreciation Expense |
|
0.06 |
0.10 |
0.11 |
0.12 |
0.31 |
0.34 |
0.38 |
0.42 |
0.45 |
0.50 |
Amortization Expense |
|
0.96 |
0.97 |
0.90 |
0.81 |
0.70 |
0.70 |
0.70 |
0.70 |
0.85 |
0.96 |
Non-Cash Adjustments to Reconcile Net Income |
|
-57 |
4.73 |
-3.41 |
-53 |
-5.25 |
40 |
21 |
-30 |
19 |
40 |
Changes in Operating Assets and Liabilities, net |
|
9.27 |
34 |
-19 |
23 |
20 |
-23 |
-45 |
39 |
32 |
-34 |
Net Cash From Investing Activities |
|
-2.56 |
-12 |
-2.01 |
54 |
-16 |
46 |
2.03 |
-12 |
-7.20 |
-6.97 |
Net Cash From Continuing Investing Activities |
|
-2.59 |
-12 |
-2.01 |
55 |
-17 |
46 |
2.02 |
-12 |
-7.20 |
-6.97 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-0.01 |
-0.01 |
-0.03 |
-0.03 |
-0.04 |
-0.02 |
-0.07 |
-0.04 |
-0.03 |
-0.01 |
Purchase of Investment Securities |
|
-8.75 |
-48 |
-20 |
-30 |
-17 |
-2.92 |
-3.09 |
-12 |
-44 |
-13 |
Divestitures |
|
- |
- |
18 |
84 |
0.26 |
23 |
5.18 |
0.12 |
37 |
5.74 |
Sale and/or Maturity of Investments |
|
6.16 |
-28 |
0.01 |
0.01 |
0.01 |
29 |
- |
- |
0.01 |
0.11 |
Net Cash From Financing Activities |
|
-4.87 |
-4.84 |
-6.07 |
-115 |
-5.28 |
-45 |
-13 |
-4.88 |
0.75 |
-19 |
Net Cash From Continuing Financing Activities |
|
-4.87 |
-4.84 |
-6.07 |
-115 |
-5.28 |
-45 |
-13 |
-4.88 |
0.75 |
-19 |
Issuance of Debt |
|
- |
- |
-3.55 |
- |
130 |
3.55 |
- |
- |
337 |
7.67 |
Repayment of Debt |
|
- |
- |
-124 |
-60 |
- |
-3.55 |
0.00 |
- |
-133 |
-7.67 |
Payment of Dividends |
|
-4.84 |
-4.84 |
-4.82 |
-4.83 |
-5.25 |
-5.25 |
-5.00 |
-4.88 |
-4.87 |
-4.26 |
Other Financing Activities, Net |
|
- |
- |
130 |
-50 |
-130 |
- |
0.00 |
- |
- |
-15 |
Cash Interest Paid |
|
- |
6.16 |
0.80 |
3.71 |
3.76 |
2.44 |
3.74 |
2.44 |
3.74 |
2.44 |
Cash Income Taxes Paid |
|
1.05 |
3.73 |
1.42 |
4.48 |
2.17 |
8.09 |
2.77 |
8.37 |
6.67 |
14 |
Annual Balance Sheets for WisdomTree
This table presents WisdomTree's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Total Assets |
|
221 |
293 |
250 |
255 |
938 |
935 |
897 |
1,038 |
1,034 |
944 |
1,034 |
Cash and Due from Banks |
|
165 |
210 |
93 |
54 |
78 |
75 |
73 |
141 |
132 |
129 |
181 |
Trading Account Securities |
|
14 |
24 |
81 |
88 |
632 |
34 |
35 |
127 |
126 |
59 |
86 |
Loans and Leases, Net of Allowance |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Customer and Other Receivables |
|
- |
- |
- |
- |
- |
27 |
- |
32 |
31 |
35 |
45 |
Premises and Equipment, Net |
|
10 |
12 |
12 |
11 |
9.12 |
8.13 |
7.58 |
0.56 |
0.54 |
0.43 |
0.34 |
Goodwill |
|
1.68 |
1.68 |
1.80 |
1.80 |
86 |
86 |
86 |
86 |
86 |
87 |
87 |
Intangible Assets |
|
- |
- |
9.95 |
12 |
- |
603 |
601 |
601 |
604 |
605 |
606 |
Other Assets |
|
29 |
45 |
52 |
89 |
132 |
102 |
93 |
50 |
55 |
28 |
29 |
Total Liabilities & Shareholders' Equity |
|
221 |
293 |
250 |
255 |
938 |
935 |
897 |
1,038 |
1,034 |
944 |
1,034 |
Total Liabilities |
|
36 |
58 |
48 |
62 |
447 |
465 |
498 |
636 |
596 |
402 |
634 |
Short-Term Debt |
|
9.98 |
16 |
18 |
20 |
23 |
25 |
20 |
25 |
97 |
49 |
47 |
Accrued Interest Payable |
|
- |
- |
- |
- |
- |
- |
3.14 |
0.21 |
1.13 |
0.58 |
0.71 |
Other Short-Term Payables |
|
19 |
33 |
24 |
36 |
39 |
53 |
50 |
59 |
50 |
54 |
62 |
Long-Term Debt |
|
- |
- |
- |
- |
195 |
176 |
167 |
319 |
262 |
299 |
524 |
Other Long-Term Liabilities |
|
7.04 |
9.10 |
4.90 |
4.69 |
189 |
210 |
257 |
234 |
185 |
0.00 |
0.17 |
Commitments & Contingencies |
|
- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Redeemable Noncontrolling Interest |
|
- |
- |
- |
- |
133 |
133 |
133 |
133 |
133 |
133 |
0.00 |
Total Equity & Noncontrolling Interests |
|
184 |
235 |
201 |
193 |
358 |
337 |
266 |
269 |
306 |
409 |
400 |
Total Preferred & Common Equity |
|
184 |
235 |
201 |
193 |
358 |
337 |
266 |
269 |
306 |
409 |
400 |
Preferred Stock |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Common Equity |
|
184 |
235 |
201 |
193 |
358 |
337 |
266 |
269 |
306 |
409 |
400 |
Common Stock |
|
211 |
259 |
226 |
217 |
365 |
354 |
319 |
291 |
293 |
314 |
272 |
Retained Earnings |
|
-26 |
-25 |
-25 |
-25 |
-7.32 |
-18 |
-53 |
-22 |
14 |
96 |
130 |
Accumulated Other Comprehensive Income / (Loss) |
|
-0.05 |
-0.13 |
-0.04 |
0.29 |
0.47 |
0.95 |
1.10 |
0.68 |
-1.42 |
-0.55 |
-1.61 |
Quarterly Balance Sheets for WisdomTree
This table presents WisdomTree's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Total Assets |
|
1,016 |
1,018 |
934 |
952 |
932 |
964 |
1,019 |
Cash and Due from Banks |
|
133 |
119 |
84 |
89 |
117 |
132 |
176 |
Trading Account Securities |
|
125 |
130 |
66 |
79 |
59 |
70 |
78 |
Loans and Leases, Net of Allowance |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Customer and Other Receivables |
|
25 |
35 |
34 |
36 |
40 |
43 |
45 |
Premises and Equipment, Net |
|
0.58 |
0.52 |
0.49 |
0.46 |
0.44 |
0.41 |
0.39 |
Goodwill |
|
86 |
86 |
87 |
87 |
87 |
87 |
87 |
Intangible Assets |
|
603 |
604 |
604 |
605 |
605 |
606 |
606 |
Other Assets |
|
43 |
42 |
58 |
55 |
24 |
26 |
27 |
Total Liabilities & Shareholders' Equity |
|
1,016 |
1,018 |
934 |
952 |
932 |
964 |
1,019 |
Total Liabilities |
|
551 |
567 |
342 |
350 |
376 |
386 |
645 |
Short-Term Debt |
|
197 |
88 |
31 |
32 |
47 |
41 |
45 |
Other Short-Term Payables |
|
55 |
42 |
37 |
42 |
27 |
0.85 |
56 |
Long-Term Debt |
|
147 |
274 |
274 |
275 |
275 |
276 |
538 |
Other Long-Term Liabilities |
|
151 |
162 |
0.00 |
0.00 |
26 |
68 |
6.07 |
Commitments & Contingencies |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Redeemable Noncontrolling Interest |
|
133 |
133 |
133 |
133 |
- |
133 |
0.00 |
Total Equity & Noncontrolling Interests |
|
332 |
319 |
459 |
469 |
556 |
446 |
375 |
Total Preferred & Common Equity |
|
332 |
319 |
459 |
469 |
423 |
446 |
375 |
Preferred Stock |
|
0.00 |
0.00 |
0.00 |
0.00 |
133 |
0.00 |
0.00 |
Total Common Equity |
|
332 |
319 |
459 |
469 |
423 |
446 |
375 |
Common Stock |
|
291 |
294 |
385 |
389 |
311 |
317 |
267 |
Retained Earnings |
|
47 |
25 |
74 |
82 |
113 |
130 |
107 |
Accumulated Other Comprehensive Income / (Loss) |
|
-5.21 |
-0.95 |
-0.69 |
-1.64 |
-0.91 |
-0.93 |
1.00 |
Annual Metrics And Ratios for WisdomTree
This table displays calculated financial ratios and metrics derived from WisdomTree's official financial filings.
Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
22.94% |
62.68% |
-99.82% |
45,032.89% |
13.33% |
-5.18% |
-6.47% |
19.89% |
3.82% |
12.47% |
17.58% |
EBITDA Growth |
|
42.63% |
86.00% |
-58.85% |
4.78% |
-8.66% |
-86.72% |
-487.12% |
377.70% |
3.02% |
55.67% |
-20.17% |
EBIT Growth |
|
42.71% |
86.52% |
-59.50% |
4.73% |
-12.29% |
-99.76% |
-29,209.09% |
306.77% |
4.68% |
58.25% |
-21.64% |
NOPAT Growth |
|
18.46% |
31.12% |
-67.33% |
3.99% |
34.69% |
-128.46% |
-136.50% |
301.97% |
94.23% |
7.48% |
-36.43% |
Net Income Growth |
|
18.46% |
31.12% |
-67.33% |
3.99% |
34.69% |
-128.46% |
-242.01% |
239.66% |
1.78% |
102.32% |
-34.96% |
EPS Growth |
|
18.92% |
31.82% |
-67.24% |
5.26% |
15.00% |
-134.78% |
-212.50% |
224.00% |
0.00% |
106.45% |
-48.44% |
Operating Cash Flow Growth |
|
17.83% |
87.72% |
-64.60% |
-11.66% |
-22.76% |
53.43% |
-18.01% |
59.79% |
-26.86% |
55.39% |
32.55% |
Free Cash Flow Firm Growth |
|
-39.31% |
272.71% |
139.37% |
-40.77% |
-1,456.90% |
105.73% |
131.30% |
-280.35% |
140.60% |
-73.48% |
-227.86% |
Invested Capital Growth |
|
62.67% |
28.94% |
-12.32% |
-3.00% |
232.32% |
-5.18% |
-12.72% |
27.19% |
7.01% |
11.56% |
9.12% |
Revenue Q/Q Growth |
|
3.63% |
9.88% |
-99.79% |
323.82% |
10.06% |
-34.53% |
-1.48% |
4.82% |
10.99% |
12.70% |
-45.33% |
EBITDA Q/Q Growth |
|
0.31% |
16.03% |
-32.33% |
-4.54% |
-22.95% |
-55.49% |
28.53% |
115.33% |
-22.44% |
69.87% |
-44.72% |
EBIT Q/Q Growth |
|
0.28% |
16.09% |
-32.85% |
-4.68% |
-26.33% |
-98.78% |
23.89% |
141.93% |
-23.53% |
73.97% |
-46.11% |
NOPAT Q/Q Growth |
|
-16.76% |
15.78% |
-40.84% |
-7.61% |
-24.37% |
-367.93% |
23.89% |
98.29% |
7.27% |
88.39% |
-54.72% |
Net Income Q/Q Growth |
|
-10.09% |
15.78% |
-40.84% |
-7.61% |
-24.37% |
-367.93% |
25.78% |
98.29% |
-43.78% |
85.84% |
14.08% |
EPS Q/Q Growth |
|
-10.20% |
16.00% |
-40.63% |
-4.76% |
-23.33% |
-900.00% |
21.88% |
106.67% |
-42.59% |
93.94% |
17.86% |
Operating Cash Flow Q/Q Growth |
|
4.52% |
13.95% |
-38.24% |
15.37% |
-21.33% |
14.18% |
1.29% |
15.67% |
-19.37% |
41.90% |
-2.30% |
Free Cash Flow Firm Q/Q Growth |
|
-74.08% |
669.79% |
-25.06% |
2.32% |
-0.64% |
4.52% |
-11.66% |
10.28% |
44.69% |
126.67% |
-115.58% |
Invested Capital Q/Q Growth |
|
6.08% |
-2.32% |
-2.20% |
-3.60% |
-2.32% |
-4.59% |
-2.74% |
-0.59% |
-1.43% |
-2.07% |
1.37% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
40.43% |
46.23% |
10,811.22% |
25.10% |
20.23% |
2.83% |
-11.73% |
27.16% |
26.95% |
37.31% |
25.33% |
EBIT Margin |
|
40.02% |
45.89% |
10,563.12% |
24.51% |
18.97% |
0.05% |
-14.76% |
25.46% |
25.67% |
36.12% |
24.07% |
Profit (Net Income) Margin |
|
33.22% |
26.78% |
4,972.43% |
11.46% |
13.62% |
-4.09% |
-14.94% |
17.41% |
17.06% |
30.70% |
16.98% |
Tax Burden Percent |
|
83.01% |
58.35% |
47.07% |
46.74% |
71.77% |
-8,615.70% |
101.23% |
87.87% |
126.87% |
86.17% |
69.91% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
77.82% |
52.40% |
98.65% |
100.92% |
Effective Tax Rate |
|
16.99% |
41.65% |
52.93% |
53.26% |
28.23% |
8,715.70% |
0.00% |
12.13% |
-26.87% |
13.83% |
30.09% |
Return on Invested Capital (ROIC) |
|
38.92% |
36.00% |
11.13% |
12.57% |
7.95% |
-1.51% |
-3.92% |
7.48% |
12.54% |
12.32% |
7.10% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
38.92% |
36.00% |
11.13% |
12.57% |
7.95% |
-1.51% |
-9.59% |
7.48% |
-0.57% |
11.93% |
7.24% |
Return on Net Nonoperating Assets (RNNOA) |
|
2.70% |
2.23% |
0.88% |
1.22% |
2.76% |
-0.66% |
-4.29% |
4.96% |
-0.47% |
8.61% |
7.06% |
Return on Equity (ROE) |
|
41.63% |
38.23% |
12.00% |
13.80% |
10.71% |
-2.17% |
-8.21% |
12.44% |
12.07% |
20.93% |
14.16% |
Cash Return on Invested Capital (CROIC) |
|
-8.79% |
10.71% |
24.26% |
15.61% |
-99.52% |
3.81% |
9.66% |
-16.45% |
5.76% |
1.40% |
-1.62% |
Operating Return on Assets (OROA) |
|
40.57% |
53.44% |
20.49% |
23.06% |
8.56% |
0.01% |
-3.85% |
7.53% |
7.36% |
12.20% |
9.56% |
Return on Assets (ROA) |
|
33.68% |
31.18% |
9.64% |
10.78% |
6.14% |
-1.11% |
-3.89% |
5.15% |
4.89% |
10.37% |
6.74% |
Return on Common Equity (ROCE) |
|
41.63% |
38.23% |
12.00% |
13.80% |
8.64% |
-1.57% |
-5.70% |
8.32% |
8.26% |
15.27% |
12.17% |
Return on Equity Simple (ROE_SIMPLE) |
|
33.13% |
34.14% |
12.99% |
14.10% |
10.22% |
-3.09% |
-13.39% |
18.48% |
16.58% |
25.06% |
16.67% |
Net Operating Profit after Tax (NOPAT) |
|
61 |
80 |
26 |
27 |
37 |
-10 |
-25 |
50 |
97 |
104 |
66 |
NOPAT Margin |
|
33.22% |
26.78% |
4,972.43% |
11.46% |
13.62% |
-4.09% |
-10.33% |
17.41% |
32.56% |
31.12% |
16.83% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
5.66% |
0.00% |
13.10% |
0.40% |
-0.13% |
SG&A Expenses to Revenue |
|
33.91% |
33.48% |
18,375.29% |
48.49% |
41.54% |
46.06% |
43.09% |
40.83% |
43.42% |
43.43% |
41.24% |
Operating Expenses to Revenue |
|
59.98% |
54.11% |
-10,463.12% |
75.49% |
81.03% |
99.95% |
114.76% |
74.54% |
74.33% |
63.88% |
75.93% |
Earnings before Interest and Taxes (EBIT) |
|
74 |
137 |
56 |
58 |
51 |
0.12 |
-35 |
73 |
76 |
121 |
95 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
74 |
138 |
57 |
60 |
54 |
7.23 |
-28 |
78 |
80 |
125 |
99 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
9.03 |
7.56 |
6.38 |
7.78 |
2.51 |
2.01 |
2.79 |
3.13 |
2.52 |
2.50 |
0.00 |
Price to Tangible Book Value (P/TBV) |
|
9.11 |
7.62 |
6.77 |
8.38 |
3.31 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Price to Revenue (P/Rev) |
|
9.05 |
5.93 |
2,440.25 |
6.32 |
3.35 |
2.66 |
3.11 |
2.95 |
2.60 |
3.07 |
0.00 |
Price to Earnings (P/E) |
|
27.24 |
22.16 |
49.08 |
55.17 |
24.58 |
0.00 |
0.00 |
12.79 |
15.21 |
9.99 |
0.00 |
Dividend Yield |
|
0.64% |
3.82% |
3.40% |
2.92% |
2.04% |
2.75% |
2.41% |
2.06% |
2.28% |
1.76% |
1.15% |
Earnings Yield |
|
3.67% |
4.51% |
2.04% |
1.81% |
4.07% |
0.00% |
0.00% |
7.82% |
6.57% |
10.01% |
0.00% |
Enterprise Value to Invested Capital (EV/IC) |
|
7.76 |
6.31 |
5.51 |
6.88 |
1.66 |
1.40 |
1.69 |
1.58 |
1.42 |
1.55 |
0.00 |
Enterprise Value to Revenue (EV/Rev) |
|
8.21 |
5.28 |
2,298.74 |
6.18 |
4.36 |
3.67 |
4.14 |
4.12 |
3.81 |
4.12 |
0.00 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
20.30 |
11.43 |
21.26 |
24.61 |
21.54 |
129.65 |
0.00 |
15.17 |
14.13 |
11.04 |
0.00 |
Enterprise Value to EBIT (EV/EBIT) |
|
20.50 |
11.51 |
21.76 |
25.20 |
22.97 |
7,744.81 |
0.00 |
16.19 |
14.83 |
11.41 |
0.00 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
24.70 |
19.73 |
46.23 |
53.92 |
32.01 |
0.00 |
0.00 |
23.67 |
11.69 |
13.24 |
0.00 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
18.25 |
10.18 |
22.02 |
30.23 |
31.29 |
16.30 |
20.97 |
15.65 |
20.53 |
16.08 |
0.00 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
66.30 |
21.20 |
43.42 |
0.00 |
35.70 |
16.28 |
0.00 |
25.43 |
116.70 |
0.00 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.05 |
0.07 |
0.09 |
0.10 |
0.44 |
0.43 |
0.47 |
0.85 |
0.82 |
0.64 |
1.43 |
Long-Term Debt to Equity |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.40 |
0.37 |
0.42 |
0.79 |
0.60 |
0.55 |
1.31 |
Financial Leverage |
|
0.07 |
0.06 |
0.08 |
0.10 |
0.35 |
0.44 |
0.45 |
0.66 |
0.84 |
0.72 |
0.98 |
Leverage Ratio |
|
1.24 |
1.23 |
1.24 |
1.28 |
1.74 |
1.95 |
2.11 |
2.42 |
2.47 |
2.02 |
2.10 |
Compound Leverage Factor |
|
1.24 |
1.23 |
1.24 |
1.28 |
1.74 |
1.95 |
2.11 |
1.88 |
1.29 |
1.99 |
2.12 |
Debt to Total Capital |
|
5.14% |
6.39% |
8.33% |
9.43% |
30.66% |
29.99% |
31.93% |
46.06% |
45.06% |
39.11% |
58.80% |
Short-Term Debt to Total Capital |
|
5.14% |
6.39% |
8.33% |
9.43% |
3.18% |
3.78% |
3.50% |
3.31% |
12.20% |
5.48% |
4.81% |
Long-Term Debt to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
27.48% |
26.21% |
28.44% |
42.75% |
32.85% |
33.63% |
53.99% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
18.72% |
19.75% |
22.62% |
17.79% |
16.62% |
14.90% |
0.00% |
Common Equity to Total Capital |
|
94.86% |
93.61% |
91.68% |
90.57% |
50.61% |
50.26% |
45.44% |
36.15% |
38.32% |
45.99% |
41.20% |
Debt to EBITDA |
|
0.13 |
0.12 |
0.32 |
0.34 |
3.99 |
27.86 |
-6.69 |
4.42 |
4.49 |
2.79 |
5.74 |
Net Debt to EBITDA |
|
-2.09 |
-1.40 |
-1.31 |
-0.57 |
2.56 |
17.48 |
-4.06 |
2.61 |
2.84 |
1.75 |
3.92 |
Long-Term Debt to EBITDA |
|
0.00 |
0.00 |
0.00 |
0.00 |
3.58 |
24.34 |
-5.96 |
4.10 |
3.27 |
2.40 |
5.27 |
Debt to NOPAT |
|
0.16 |
0.20 |
0.70 |
0.74 |
5.93 |
-19.31 |
-7.59 |
6.89 |
3.72 |
3.35 |
8.64 |
Net Debt to NOPAT |
|
-2.54 |
-2.42 |
-2.85 |
-1.25 |
3.80 |
-12.12 |
-4.61 |
4.07 |
2.35 |
2.10 |
5.90 |
Long-Term Debt to NOPAT |
|
0.00 |
0.00 |
0.00 |
0.00 |
5.31 |
-16.88 |
-6.76 |
6.40 |
2.71 |
2.88 |
7.93 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
19.39% |
27.59% |
30.52% |
33.11% |
31.56% |
27.06% |
14.08% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
-14 |
24 |
57 |
34 |
-458 |
26 |
61 |
-110 |
44 |
12 |
-15 |
Operating Cash Flow to CapEx |
|
1,688.39% |
5,929.32% |
5,131.87% |
16,443.39% |
52,771.83% |
122,314.89% |
9,986.44% |
25,705.80% |
25,039.55% |
75,752.21% |
80,468.79% |
Free Cash Flow to Firm to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
-57.56 |
2.34 |
6.28 |
-8.88 |
0.00 |
0.00 |
0.00 |
Operating Cash Flow to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
4.71 |
5.11 |
4.88 |
6.11 |
0.00 |
0.00 |
0.00 |
Operating Cash Flow Less CapEx to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
4.70 |
5.11 |
4.83 |
6.08 |
0.00 |
0.00 |
0.00 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
1.01 |
1.16 |
0.00 |
0.94 |
0.45 |
0.27 |
0.26 |
0.30 |
0.29 |
0.34 |
0.40 |
Fixed Asset Turnover |
|
22.13 |
26.77 |
0.04 |
21.16 |
27.16 |
29.58 |
30.38 |
70.32 |
539.53 |
688.02 |
1,029.48 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
194 |
250 |
220 |
213 |
708 |
671 |
586 |
745 |
798 |
890 |
971 |
Invested Capital Turnover |
|
1.17 |
1.34 |
0.00 |
1.10 |
0.58 |
0.37 |
0.38 |
0.43 |
0.39 |
0.40 |
0.42 |
Increase / (Decrease) in Invested Capital |
|
75 |
56 |
-31 |
-6.58 |
495 |
-37 |
-85 |
159 |
52 |
92 |
81 |
Enterprise Value (EV) |
|
1,508 |
1,580 |
1,209 |
1,467 |
1,172 |
937 |
988 |
1,179 |
1,131 |
1,376 |
0.00 |
Market Capitalization |
|
1,663 |
1,774 |
1,284 |
1,501 |
901 |
678 |
742 |
844 |
771 |
1,025 |
0.00 |
Book Value per Share |
|
$1.38 |
$1.69 |
$1.48 |
$1.41 |
$2.34 |
$2.17 |
$1.79 |
$1.86 |
$2.09 |
$2.83 |
$2,765.54 |
Tangible Book Value per Share |
|
$1.37 |
$1.68 |
$1.39 |
$1.31 |
$1.78 |
($2.27) |
($2.83) |
($2.88) |
($2.62) |
($1.95) |
($2,024.18) |
Total Capital |
|
194 |
250 |
220 |
213 |
708 |
671 |
586 |
745 |
798 |
890 |
971 |
Total Debt |
|
9.98 |
16 |
18 |
20 |
217 |
201 |
187 |
343 |
359 |
348 |
571 |
Total Long-Term Debt |
|
0.00 |
0.00 |
0.00 |
0.00 |
195 |
176 |
167 |
319 |
262 |
299 |
524 |
Net Debt |
|
-155 |
-194 |
-74 |
-34 |
139 |
126 |
114 |
203 |
227 |
219 |
390 |
Capital Expenditures (CapEx) |
|
4.89 |
2.62 |
1.07 |
0.30 |
0.07 |
0.05 |
0.47 |
0.29 |
0.22 |
0.11 |
0.14 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
11 |
0.00 |
46 |
1.41 |
-0.61 |
Net Nonoperating Obligations (NNO) |
|
9.98 |
16 |
18 |
20 |
217 |
201 |
187 |
343 |
359 |
348 |
571 |
Total Depreciation and Amortization (D&A) |
|
0.75 |
1.01 |
1.31 |
1.40 |
3.39 |
7.11 |
7.24 |
4.88 |
3.82 |
3.97 |
4.95 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$0.46 |
$0.58 |
$0.19 |
$0.20 |
$0.23 |
($0.08) |
($0.25) |
$0.31 |
$0.31 |
$0.66 |
$0.34 |
Adjusted Weighted Average Basic Shares Outstanding |
|
131.77M |
137.24M |
134.40M |
134.61M |
146.65M |
151.82M |
148.68M |
143.85M |
143.02M |
144.71K |
144.63K |
Adjusted Diluted Earnings per Share |
|
$0.44 |
$0.58 |
$0.19 |
$0.20 |
$0.23 |
($0.08) |
($0.25) |
$0.31 |
$0.31 |
$0.64 |
$0.33 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
138.55M |
138.83M |
135.54M |
136.00M |
158.42M |
151.82M |
148.68M |
161.26M |
158.91M |
170.41K |
158.84K |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
134.85M |
136.41M |
136.62M |
137.73M |
155.15M |
156.44M |
149.82M |
146.59M |
149.30M |
151.85M |
147.05M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
61 |
81 |
45 |
44 |
49 |
30 |
31 |
48 |
34 |
57 |
66 |
Normalized NOPAT Margin |
|
33.22% |
27.20% |
8,513.92% |
18.58% |
18.05% |
11.81% |
12.96% |
16.79% |
11.42% |
17.19% |
16.83% |
Pre Tax Income Margin |
|
40.02% |
45.89% |
10,563.12% |
24.51% |
18.97% |
0.05% |
-14.76% |
19.81% |
13.45% |
35.63% |
24.29% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
6.41 |
0.01 |
-3.64 |
5.91 |
0.00 |
0.00 |
0.00 |
NOPAT to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
4.60 |
-0.93 |
-2.55 |
4.04 |
0.00 |
0.00 |
0.00 |
EBIT Less CapEx to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
6.40 |
0.01 |
-3.69 |
5.88 |
0.00 |
0.00 |
0.00 |
NOPAT Less CapEx to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
4.59 |
-0.93 |
-2.60 |
4.01 |
0.00 |
0.00 |
0.00 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
17.67% |
98.11% |
166.93% |
160.95% |
52.51% |
-195.54% |
-56.41% |
39.08% |
38.20% |
19.64% |
28.49% |
Augmented Payout Ratio |
|
28.36% |
128.24% |
317.49% |
189.96% |
60.88% |
-218.00% |
-143.91% |
108.37% |
44.95% |
23.13% |
122.76% |
Quarterly Metrics And Ratios for WisdomTree
This table displays calculated financial ratios and metrics derived from WisdomTree's official financial filings.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
-9.01% |
39.25% |
28.14% |
10.52% |
30.83% |
-5.68% |
48.78% |
22.23% |
-8.10% |
16.18% |
EBITDA Growth |
|
1,014.15% |
-71.92% |
174.54% |
405.41% |
-73.90% |
165.51% |
59.82% |
-47.83% |
-63.20% |
22.48% |
EBIT Growth |
|
1,235.17% |
-74.62% |
168.64% |
441.37% |
-74.77% |
188.20% |
62.66% |
-48.92% |
-67.52% |
21.63% |
NOPAT Growth |
|
1,292.58% |
-277.14% |
185.97% |
577.73% |
-81.88% |
196.27% |
36.21% |
-59.89% |
-154.61% |
43.15% |
Net Income Growth |
|
1,292.58% |
-352.87% |
258.20% |
577.73% |
-84.02% |
167.44% |
36.21% |
-59.89% |
-134.54% |
43.15% |
EPS Growth |
|
1,150.00% |
-328.57% |
225.00% |
540.00% |
-86.00% |
193.75% |
30.00% |
-59.38% |
-285.71% |
33.33% |
Operating Cash Flow Growth |
|
24.72% |
-52.50% |
-100.48% |
126.33% |
-18.08% |
211.09% |
80.77% |
26.68% |
68.48% |
-7.18% |
Free Cash Flow Firm Growth |
|
115.42% |
51.34% |
50.61% |
-662.29% |
-488.53% |
-1.40% |
34.90% |
120.45% |
32.39% |
26.32% |
Invested Capital Growth |
|
7.93% |
7.01% |
11.46% |
22.67% |
12.29% |
11.56% |
8.12% |
-0.11% |
5.42% |
9.12% |
Revenue Q/Q Growth |
|
-8.93% |
54.21% |
6.95% |
26.33% |
7.81% |
11.17% |
-78.19% |
3.79% |
-18.95% |
40.55% |
EBITDA Q/Q Growth |
|
636.34% |
-89.43% |
171.67% |
200.87% |
-61.97% |
7.52% |
-72.24% |
-1.79% |
-73.17% |
257.83% |
EBIT Q/Q Growth |
|
691.87% |
-90.57% |
165.40% |
212.20% |
-63.10% |
7.74% |
-72.95% |
-1.97% |
-76.54% |
303.51% |
NOPAT Q/Q Growth |
|
914.73% |
-124.40% |
181.91% |
234.21% |
-72.87% |
29.63% |
-79.25% |
-1.59% |
-136.94% |
439.77% |
Net Income Q/Q Growth |
|
914.73% |
-134.83% |
157.38% |
234.21% |
-76.07% |
46.93% |
15.90% |
-1.59% |
-120.61% |
708.87% |
EPS Q/Q Growth |
|
900.00% |
-132.00% |
162.50% |
220.00% |
-78.13% |
114.29% |
-13.33% |
0.00% |
-200.00% |
253.85% |
Operating Cash Flow Q/Q Growth |
|
207.74% |
-65.36% |
-145.07% |
571.11% |
11.39% |
31.53% |
-102.79% |
3,203.08% |
48.13% |
-27.54% |
Free Cash Flow Firm Q/Q Growth |
|
10.08% |
-430.68% |
6.56% |
-65.33% |
23.94% |
13.70% |
-202.90% |
151.93% |
-351.49% |
5.94% |
Invested Capital Q/Q Growth |
|
10.75% |
-1.43% |
1.89% |
10.28% |
1.38% |
-2.07% |
1.98% |
1.89% |
6.99% |
1.37% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
126.49% |
8.67% |
30.04% |
71.54% |
25.23% |
24.40% |
32.27% |
30.53% |
10.10% |
25.73% |
EBIT Margin |
|
124.98% |
7.64% |
28.49% |
70.40% |
24.10% |
23.36% |
31.15% |
29.42% |
8.52% |
24.45% |
Profit (Net Income) Margin |
|
120.06% |
-27.11% |
24.98% |
66.07% |
14.67% |
19.39% |
22.87% |
21.68% |
-5.51% |
23.88% |
Tax Burden Percent |
|
96.07% |
99.93% |
92.15% |
93.85% |
68.99% |
77.03% |
79.50% |
73.69% |
-116.01% |
79.85% |
Interest Burden Percent |
|
100.00% |
-354.98% |
95.14% |
100.00% |
88.22% |
107.75% |
92.34% |
100.00% |
55.80% |
122.33% |
Effective Tax Rate |
|
3.93% |
0.00% |
7.85% |
6.15% |
31.01% |
22.97% |
20.50% |
26.31% |
216.01% |
20.15% |
Return on Invested Capital (ROIC) |
|
41.22% |
-7.31% |
8.67% |
22.38% |
5.74% |
7.68% |
19.13% |
17.56% |
-7.61% |
10.08% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
41.22% |
-9.72% |
8.67% |
22.38% |
5.21% |
7.68% |
19.13% |
17.56% |
-6.81% |
10.08% |
Return on Net Nonoperating Assets (RNNOA) |
|
33.63% |
-8.13% |
7.30% |
14.73% |
3.17% |
5.54% |
13.00% |
9.34% |
-6.20% |
9.84% |
Return on Equity (ROE) |
|
74.86% |
-15.45% |
15.98% |
37.11% |
8.91% |
13.22% |
32.12% |
26.90% |
-13.80% |
19.92% |
Cash Return on Invested Capital (CROIC) |
|
3.94% |
5.76% |
-0.83% |
-5.18% |
-5.15% |
1.40% |
15.37% |
18.36% |
10.37% |
-1.62% |
Operating Return on Assets (OROA) |
|
32.87% |
2.19% |
7.56% |
20.00% |
7.26% |
7.89% |
22.60% |
22.49% |
6.21% |
9.71% |
Return on Assets (ROA) |
|
31.58% |
-7.77% |
6.62% |
18.77% |
4.42% |
6.55% |
16.59% |
16.58% |
-4.02% |
9.49% |
Return on Common Equity (ROCE) |
|
51.73% |
-10.57% |
10.92% |
27.08% |
6.70% |
9.64% |
23.66% |
20.80% |
-11.93% |
17.12% |
Return on Equity Simple (ROE_SIMPLE) |
|
27.12% |
0.00% |
24.23% |
26.90% |
11.76% |
0.00% |
25.62% |
17.04% |
15.59% |
0.00% |
Net Operating Profit after Tax (NOPAT) |
|
81 |
-20 |
16 |
54 |
15 |
19 |
22 |
22 |
-8.04 |
27 |
NOPAT Margin |
|
120.06% |
-18.99% |
24.98% |
66.07% |
16.63% |
19.39% |
22.87% |
21.68% |
-9.88% |
23.88% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
2.41% |
0.00% |
0.00% |
0.53% |
0.00% |
0.00% |
0.00% |
-0.80% |
0.00% |
SG&A Expenses to Revenue |
|
45.18% |
32.19% |
54.62% |
42.97% |
41.09% |
38.51% |
41.66% |
40.71% |
48.14% |
36.45% |
Operating Expenses to Revenue |
|
-24.98% |
92.36% |
71.51% |
29.60% |
75.90% |
76.64% |
68.85% |
70.58% |
91.48% |
75.55% |
Earnings before Interest and Taxes (EBIT) |
|
85 |
7.98 |
19 |
58 |
21 |
23 |
30 |
30 |
6.93 |
28 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
86 |
9.05 |
20 |
59 |
22 |
24 |
31 |
31 |
8.22 |
29 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
1.99 |
2.52 |
2.68 |
2.19 |
2.20 |
2.50 |
0.00 |
3.37 |
4.03 |
0.00 |
Price to Tangible Book Value (P/TBV) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Price to Revenue (P/Rev) |
|
2.48 |
2.60 |
3.19 |
3.64 |
3.49 |
3.07 |
0.00 |
2.07 |
2.11 |
0.00 |
Price to Earnings (P/E) |
|
6.23 |
15.21 |
10.94 |
8.08 |
18.43 |
9.99 |
0.00 |
9.10 |
10.26 |
0.00 |
Dividend Yield |
|
2.66% |
2.28% |
2.10% |
1.78% |
1.75% |
1.76% |
1.31% |
1.21% |
1.20% |
1.15% |
Earnings Yield |
|
16.05% |
6.57% |
9.14% |
12.38% |
5.43% |
10.01% |
0.00% |
10.99% |
9.74% |
0.00% |
Enterprise Value to Invested Capital (EV/IC) |
|
1.24 |
1.42 |
1.51 |
1.52 |
1.52 |
1.55 |
0.00 |
2.03 |
2.00 |
0.00 |
Enterprise Value to Revenue (EV/Rev) |
|
3.76 |
3.81 |
4.59 |
4.93 |
4.67 |
4.12 |
0.00 |
2.50 |
2.67 |
0.00 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
9.75 |
14.13 |
13.73 |
9.94 |
18.85 |
11.04 |
0.00 |
9.36 |
10.66 |
0.00 |
Enterprise Value to EBIT (EV/EBIT) |
|
10.10 |
14.83 |
14.38 |
10.24 |
19.95 |
11.41 |
0.00 |
9.57 |
10.94 |
0.00 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
11.16 |
11.69 |
15.92 |
11.00 |
25.07 |
13.24 |
0.00 |
11.12 |
13.14 |
0.00 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
14.73 |
20.53 |
23.46 |
20.39 |
22.93 |
16.08 |
0.00 |
18.78 |
16.52 |
0.00 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
32.76 |
25.43 |
0.00 |
0.00 |
0.00 |
116.70 |
0.00 |
11.05 |
19.83 |
0.00 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.74 |
0.82 |
0.80 |
0.52 |
0.51 |
0.64 |
0.58 |
0.55 |
1.55 |
1.43 |
Long-Term Debt to Equity |
|
0.32 |
0.60 |
0.61 |
0.46 |
0.46 |
0.55 |
0.50 |
0.48 |
1.43 |
1.31 |
Financial Leverage |
|
0.82 |
0.84 |
0.84 |
0.66 |
0.61 |
0.72 |
0.68 |
0.53 |
0.91 |
0.98 |
Leverage Ratio |
|
2.37 |
2.47 |
2.41 |
1.98 |
1.84 |
2.02 |
1.94 |
1.62 |
2.02 |
2.10 |
Compound Leverage Factor |
|
2.37 |
-8.75 |
2.29 |
1.98 |
1.63 |
2.18 |
1.79 |
1.62 |
1.13 |
2.57 |
Debt to Total Capital |
|
42.53% |
45.06% |
44.49% |
34.01% |
33.74% |
39.11% |
36.74% |
35.41% |
60.85% |
58.80% |
Short-Term Debt to Total Capital |
|
24.39% |
12.20% |
10.79% |
3.42% |
3.52% |
5.48% |
5.40% |
4.62% |
4.70% |
4.81% |
Long-Term Debt to Total Capital |
|
18.14% |
32.85% |
33.69% |
30.59% |
30.22% |
33.63% |
31.33% |
30.79% |
56.15% |
53.99% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
15.09% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
16.39% |
16.62% |
16.31% |
14.79% |
14.59% |
14.90% |
0.00% |
14.81% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
41.08% |
38.32% |
39.20% |
51.20% |
51.67% |
45.99% |
48.18% |
49.78% |
39.15% |
41.20% |
Debt to EBITDA |
|
3.33 |
4.49 |
4.04 |
2.23 |
4.18 |
2.79 |
1.45 |
1.63 |
3.24 |
5.74 |
Net Debt to EBITDA |
|
2.05 |
2.84 |
2.71 |
1.62 |
2.96 |
1.75 |
0.93 |
0.95 |
2.26 |
3.92 |
Long-Term Debt to EBITDA |
|
1.42 |
3.27 |
3.06 |
2.01 |
3.74 |
2.40 |
1.24 |
1.42 |
2.99 |
5.27 |
Debt to NOPAT |
|
3.82 |
3.72 |
4.68 |
2.47 |
5.56 |
3.35 |
1.65 |
1.94 |
3.99 |
8.64 |
Net Debt to NOPAT |
|
2.35 |
2.35 |
3.14 |
1.79 |
3.93 |
2.10 |
1.05 |
1.13 |
2.78 |
5.90 |
Long-Term Debt to NOPAT |
|
1.63 |
2.71 |
3.55 |
2.22 |
4.97 |
2.88 |
1.41 |
1.69 |
3.68 |
7.93 |
Noncontrolling Interest Sharing Ratio |
|
30.89% |
31.56% |
31.68% |
27.02% |
24.85% |
27.06% |
26.33% |
22.67% |
13.57% |
14.08% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
22 |
-72 |
-67 |
-111 |
-85 |
-73 |
-44 |
23 |
-57 |
-54 |
Operating Cash Flow to CapEx |
|
576,183.33% |
133,044.44% |
-20,757.69% |
79,456.25% |
80,917.14% |
186,250.00% |
-1,572.73% |
89,472.22% |
183,515.38% |
265,961.54% |
Free Cash Flow to Firm to Interest Expense |
|
5.84 |
0.00 |
-16.83 |
-27.69 |
0.00 |
0.00 |
-10.62 |
5.50 |
0.00 |
0.00 |
Operating Cash Flow to Interest Expense |
|
9.26 |
0.00 |
-1.35 |
6.32 |
0.00 |
0.00 |
-0.25 |
7.78 |
0.00 |
0.00 |
Operating Cash Flow Less CapEx to Interest Expense |
|
9.26 |
0.00 |
-1.36 |
6.32 |
0.00 |
0.00 |
-0.27 |
7.77 |
0.00 |
0.00 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.26 |
0.29 |
0.27 |
0.28 |
0.30 |
0.34 |
0.73 |
0.76 |
0.73 |
0.40 |
Fixed Asset Turnover |
|
477.86 |
539.53 |
498.55 |
488.54 |
574.42 |
688.02 |
1,487.44 |
1,612.29 |
1,698.25 |
1,029.48 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
809 |
798 |
813 |
896 |
908 |
890 |
879 |
895 |
958 |
971 |
Invested Capital Turnover |
|
0.34 |
0.39 |
0.35 |
0.34 |
0.35 |
0.40 |
0.84 |
0.81 |
0.77 |
0.42 |
Increase / (Decrease) in Invested Capital |
|
59 |
52 |
84 |
166 |
99 |
92 |
66 |
-1.01 |
49 |
81 |
Enterprise Value (EV) |
|
1,006 |
1,131 |
1,229 |
1,358 |
1,383 |
1,376 |
0.00 |
1,817 |
1,918 |
0.00 |
Market Capitalization |
|
662 |
771 |
854 |
1,004 |
1,033 |
1,025 |
0.00 |
1,500 |
1,512 |
0.00 |
Book Value per Share |
|
$2.27 |
$2.09 |
$2.13 |
$3.07 |
$3.12 |
$2.83 |
$2.89 |
$2.93 |
$2.60 |
$2,765.54 |
Tangible Book Value per Share |
|
($2.43) |
($2.62) |
($2.49) |
($1.56) |
($1.48) |
($1.95) |
($1.84) |
($1.63) |
($2.21) |
($2,024.18) |
Total Capital |
|
809 |
798 |
813 |
896 |
908 |
890 |
879 |
895 |
958 |
971 |
Total Debt |
|
344 |
359 |
361 |
305 |
307 |
348 |
323 |
317 |
583 |
571 |
Total Long-Term Debt |
|
147 |
262 |
274 |
274 |
275 |
299 |
275 |
276 |
538 |
524 |
Net Debt |
|
211 |
227 |
242 |
221 |
217 |
219 |
206 |
185 |
406 |
390 |
Capital Expenditures (CapEx) |
|
0.01 |
0.01 |
0.03 |
0.03 |
0.04 |
0.02 |
0.07 |
0.04 |
0.03 |
0.01 |
Net Nonoperating Expense (NNE) |
|
0.00 |
8.47 |
0.00 |
0.00 |
1.73 |
0.00 |
0.00 |
0.00 |
-3.55 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
344 |
359 |
361 |
305 |
307 |
348 |
323 |
317 |
583 |
571 |
Total Depreciation and Amortization (D&A) |
|
1.02 |
1.07 |
1.01 |
0.93 |
1.00 |
1.03 |
1.08 |
1.12 |
1.29 |
1.46 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$0.50 |
($0.16) |
$0.10 |
$0.32 |
$0.07 |
$0.17 |
$0.14 |
$0.13 |
($0.13) |
$0.20 |
Adjusted Weighted Average Basic Shares Outstanding |
|
143.12M |
143.02K |
143.86M |
144.35M |
145.28M |
144.71M |
146.46M |
146.90M |
143.93M |
144.63K |
Adjusted Diluted Earnings per Share |
|
$0.50 |
($0.16) |
$0.10 |
$0.32 |
$0.07 |
$0.15 |
$0.13 |
$0.13 |
($0.13) |
$0.20 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
158.95M |
158.91M |
159.89M |
170.67M |
177.14M |
170.41M |
165.27M |
166.36M |
143.93M |
158.84K |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
146.52M |
149.30M |
149.26M |
150.32M |
150.34M |
151.85M |
151.82M |
151.86M |
146.10M |
147.05M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
6.40 |
1.85 |
21 |
15 |
17 |
19 |
22 |
22 |
4.85 |
27 |
Normalized NOPAT Margin |
|
9.46% |
1.77% |
31.92% |
18.80% |
18.73% |
19.65% |
22.87% |
21.68% |
5.96% |
23.88% |
Pre Tax Income Margin |
|
124.98% |
-27.13% |
27.10% |
70.40% |
21.26% |
25.16% |
28.76% |
29.42% |
4.75% |
29.91% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
22.64 |
0.00 |
4.63 |
14.38 |
0.00 |
0.00 |
7.30 |
7.13 |
0.00 |
0.00 |
NOPAT to Interest Expense |
|
21.75 |
0.00 |
4.06 |
13.49 |
0.00 |
0.00 |
5.36 |
5.26 |
0.00 |
0.00 |
EBIT Less CapEx to Interest Expense |
|
22.64 |
0.00 |
4.62 |
14.37 |
0.00 |
0.00 |
7.28 |
7.12 |
0.00 |
0.00 |
NOPAT Less CapEx to Interest Expense |
|
21.75 |
0.00 |
4.05 |
13.48 |
0.00 |
0.00 |
5.34 |
5.25 |
0.00 |
0.00 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
21.43% |
38.20% |
25.06% |
15.66% |
35.77% |
19.64% |
18.74% |
26.83% |
34.20% |
28.49% |
Augmented Payout Ratio |
|
25.22% |
44.95% |
29.48% |
18.55% |
42.24% |
23.13% |
26.13% |
37.17% |
141.74% |
122.76% |
Key Financial Trends
WisdomTree (NYSE: WT) has demonstrated a mixed financial performance over the past four years, with notable fluctuations in revenue, expenses, and net income, as well as changes in cash flow and balance sheet strength.
Positive Highlights:
- Q4 2024 net income of $27.3 million, a strong rebound from Q3 2024's net loss of $4.5 million, indicating improved profitability.
- Consistent positive net cash from operating activities in recent quarters, with $34.6 million in Q4 2024, supporting healthy operational cash generation.
- Total non-interest income in Q4 2024 was $103.9 million, showing robust revenue streams outside net interest income.
- Total common equity increased from approximately $318.5 million in Q1 2023 to $374.9 million by Q3 2024, suggesting strengthening shareholders’ equity base.
- Increased cash and equivalents over the four-year period, reaching $176.5 million in Q3 2024 from $119.1 million in Q1 2023, providing liquidity cushion.
- WisdomTree has maintained steady quarterly dividend payments at $0.03 per share, signaling commitment to shareholder returns.
Neutral Observations:
- Net interest income fluctuated with high interest expenses in some quarters (e.g., $8.3 million interest expense in Q4 2024), sometimes resulting in negative net interest income.
- Amortization and depreciation expenses have remained relatively stable, reflecting consistent investment in intangible and physical assets.
- The weighted average shares outstanding have slightly increased, with modest impact on earnings per share dilution.
Concerns / Negative Factors:
- Significant volatility and large realized and unrealized capital losses in several quarters (e.g., -$13.1 million in Q4 2024, -$30.6 million in Q3 2024), impacting earnings unpredictably.
- High operating expenses, particularly "Other Operating Expenses" that increased to $44.2 million in Q4 2024 from $34.8 million in Q3 2024, compressing profit margins.
- Reported impairment charges in prior periods (e.g., $4.9 million in Q1 2023), increasing total non-interest expense and negatively impacting net income.
- Large swings in net cash from financing activities, reflecting frequent debt issuance and repayments as well as significant equity repurchases (e.g., $55 million share repurchase in Q3 2024), which could pressure cash flow management.
- The company recorded a large net loss in Q4 2022 of nearly $28.3 million and negative net interest income in several quarters indicating challenges in some market conditions or operational hurdles.
Summary: WisdomTree has regained profitability in late 2024 with strong non-interest income and operating cash flow, while maintaining adequate liquidity and equity. However, profitability remains challenged by volatile capital losses, high operating expenses, and swings in financing activities. Investors should watch for continued improvement in expense management and stabilization of investment gains to support sustainable earnings growth.
08/08/25 04:29 PMAI Generated. May Contain Errors.