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WESTWOOD HOLDINGS GROUP INC (WHG) Annual Reports

WESTWOOD HOLDINGS GROUP INC is listed on NYSE, classified by the SEC under Investment Advice (SIC 6282). This page indexes 3 annual reports, each linking to the full text on the SEC's EDGAR system.

Company profile

  • Exchange: NYSE
  • Fiscal year end: 12/31
  • SEC CIK: 1165002 →

Website:Official site ↗

Financial Highlights

FY2026 Q2 (quarterly, ended 2026-06-30)
CurrentPrior yearYoY
Revenue $25.3M $23.1M +9.6%
Operating income $2.1M $868,000 +137.8%
Net income $1.5M $1.0M +48.1%
EPS (diluted) $0.17 $0.12 +41.7%

Source: SEC EDGAR (XBRL company facts)

Financial history

Revenue & profit
Quarterly · In mn (USD)
Revenue 25.3 mn Net income 1.53 mn
2009Q4 2010Q2 2010Q3 2010Q4 2011Q1 2011Q2 2011Q3 2011Q4 2012Q1 2012Q2 2012Q3 2012Q4 2013Q1 2013Q2 2013Q3 2013Q4 2014Q1 2014Q2 2014Q3 2014Q4 2015Q1 2015Q2 2015Q3 2015Q4 2016Q1 2016Q2 2016Q3 2016Q4 2017Q1 2017Q2 2017Q3 2017Q4 2018Q1 2018Q2 2018Q3 2018Q4 2019Q1 2019Q2 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 2020Q4 2021Q1 2021Q2 2021Q3 2021Q4 2022Q1 2022Q2 2022Q3 2022Q4 2023Q1 2023Q2 2023Q3 2023Q4 2024Q1 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 2026Q2
Show table:Income statement
Item2009Q42010Q22010Q32010Q42011Q12011Q22011Q32011Q42012Q12012Q22012Q32012Q42013Q12013Q22013Q32013Q42014Q12014Q22014Q32014Q42015Q12015Q22015Q32015Q42016Q12016Q22016Q32016Q42017Q12017Q22017Q32017Q42018Q12018Q22018Q32018Q42019Q12019Q22019Q32019Q42020Q12020Q22020Q32020Q42021Q12021Q22021Q32021Q42022Q12022Q22022Q32022Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q32024Q42025Q12025Q22025Q32025Q42026Q12026Q2
Revenue42.5 13.2 13.5 15.4 17.0 18.9 16.1 17.0 17.9 20.1 18.9 20.6 20.1 23.5 23.0 25.3 25.9 30.9 28.1 28.3 29.6 37.3 32.5 31.6 29.1 31.0 31.8 31.1 32.6 33.8 33.5 33.9 33.6 32.8 29.9 26.1 23.9 21.7 19.9 18.6 16.7 15.9 15.4 17.1 18.3 17.5 17.9 19.4 17.2 15.6 15.4 20.5 22.7 21.9 21.9 20.5 22.7 22.7 23.7 20.5 23.3 23.1 24.3 27.1 25.0 25.3
Operating income———————————————————————————34.0 7.77 10.6 5.75 9.79 9.96 10.9 7.15 7.89 1.50 2.58 1.53 -0.96 0.42 -2.13 -4.04 2.31 0.77 0.78 2.04 2.37 0.42 -0.4 -1.08 -3.81 0.95 3.67 -1.45 2.84 2.94 -4.18 -0.49 2.56 -0.07 0.87 2.01 2.16 -1.50 2.06
Net income7.90 2.49 2.60 3.26 3.55 3.74 3.28 4.12 3.79 2.20 2.50 3.60 2.83 4.88 4.32 5.86 5.76 8.82 7.12 5.98 5.61 9.80 7.01 4.69 3.52 5.66 5.89 7.58 6.06 6.90 4.13 2.90 7.98 7.99 5.37 5.41 0.39 1.86 1.12 2.54 1.10 -2.57 -10.3 2.82 4.10 0.97 1.88 2.81 0.05 -0.38 -1.17 -3.12 0.69 2.90 3.36 -3.12 2.30 -2.24 0.11 -3.12 0.48 1.03 3.73 1.88 0.78 1.53
Balance sheet
Quarterly · In mn (USD)
Total assets 155 mn Total liabilities 27.9 mn
2009Q4 2010Q2 2010Q3 2010Q4 2011Q1 2011Q2 2011Q3 2011Q4 2012Q1 2012Q2 2012Q3 2012Q4 2013Q1 2013Q2 2013Q3 2013Q4 2014Q1 2014Q2 2014Q3 2014Q4 2015Q1 2015Q2 2015Q3 2015Q4 2016Q1 2016Q2 2016Q3 2016Q4 2017Q1 2017Q2 2017Q3 2017Q4 2018Q1 2018Q2 2018Q3 2018Q4 2019Q1 2019Q2 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 2020Q4 2021Q1 2021Q2 2021Q3 2021Q4 2022Q1 2022Q2 2022Q3 2022Q4 2023Q1 2023Q2 2023Q3 2023Q4 2024Q1 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 2026Q2

Equity = assets − liabilities. Balance-sheet figures are period-end balances, not cumulative.

Show table:Balance sheet
Item2009Q42010Q22010Q32010Q42011Q12011Q22011Q32011Q42012Q12012Q22012Q32012Q42013Q12013Q22013Q32013Q42014Q12014Q22014Q32014Q42015Q12015Q22015Q32015Q42016Q12016Q22016Q32016Q42017Q12017Q22017Q32017Q42018Q12018Q22018Q32018Q42019Q12019Q22019Q32019Q42020Q12020Q22020Q32020Q42021Q12021Q22021Q32021Q42022Q12022Q22022Q32022Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q32024Q42025Q12025Q22025Q32025Q42026Q12026Q2
Current assets———55.9 —63.8 66.1 72.5 63.3 68.2 74.3 77.4 68.4 75.8 85.4 96.2 83.4 95.5 109 119 106 97.7 109 118 99.2 97.5 106 116 103 114 131 138 130 134 142 140 122 121 118 117 96.4 87.4 89.8 96.3 102 105 88.9 93.9 85.9 85.4 86.5 58.2 52.8 55.9 66.2 72.2 66.5 63.9 68.6 ———————
Total assets———72.6 —80.7 84.2 90.6 81.3 86.1 91.9 96.6 87.5 95.2 105 116 101 115 133 140 127 156 166 181 164 162 170 180 166 176 191 193 175 184 193 190 181 179 177 179 158 147 144 149 150 152 135 140 131 130 131 146 142 142 151 155 149 147 152 150 135 146 154 162 150 155
Current liabilities———11.7 —12.7 14.9 17.5 8.49 12.8 16.2 18.8 9.90 13.7 19.2 24.9 9.80 15.0 25.4 27.2 15.8 29.4 33.5 44.9 32.7 21.3 25.5 29.7 18.1 21.2 32.4 31.5 16.3 20.1 24.7 25.7 15.3 16.0 18.0 21.4 11.7 8.68 10.8 11.8 10.2 11.9 13.3 15.8 8.83 9.68 12.0 17.6 13.2 14.8 16.5 18.6 14.6 13.4 16.2 ———————
Total liabilities———11.9 —14.2 17.7 19.8 11.0 14.7 18.0 20.1 11.8 15.8 21.4 27.4 11.7 17.2 27.7 29.9 17.9 31.8 36.1 47.4 35.4 24.4 28.9 33.6 21.3 24.6 35.9 36.3 19.1 23.1 28.0 29.3 25.0 25.5 27.3 30.4 19.4 16.0 17.9 18.4 16.2 17.6 19.5 21.7 13.8 14.2 17.5 35.8 29.9 27.0 30.9 32.7 25.3 26.9 31.1 27.7 13.6 23.9 28.1 35.6 24.3 27.9
Equity47.2 ——60.7 —66.5 66.5 70.8 70.3 71.4 73.9 76.5 75.8 79.4 83.5 88.6 89.8 98.0 105 110 109 124 130 134 129 138 141 146 145 151 155 156 156 161 165 161 156 154 150 148 138 131 126 131 133 135 116 118 117 116 114 111 111 114 118 120 122 119 118 120 119 120 124 126 125 126
Cash flow
Quarterly · In mn (USD)
Operating 5.58 mn Investing -5.06 mn Financing -1.32 mn
2009Q4 2010Q2 2010Q3 2010Q4 2011Q1 2011Q2 2011Q3 2011Q4 2012Q1 2012Q2 2012Q3 2012Q4 2013Q1 2013Q2 2013Q3 2013Q4 2014Q1 2014Q2 2014Q3 2014Q4 2015Q1 2015Q2 2015Q3 2015Q4 2016Q1 2016Q2 2016Q3 2016Q4 2017Q1 2017Q2 2017Q3 2017Q4 2018Q1 2018Q2 2018Q3 2018Q4 2019Q1 2019Q2 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 2020Q4 2021Q1 2021Q2 2021Q3 2021Q4 2022Q1 2022Q2 2022Q3 2022Q4 2023Q1 2023Q2 2023Q3 2023Q4 2024Q1 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 2026Q2

Positive = cash in, negative = cash out.

Show table:Cash flow statement
Item2009Q42010Q22010Q32010Q42011Q12011Q22011Q32011Q42012Q12012Q22012Q32012Q42013Q12013Q22013Q32013Q42014Q12014Q22014Q32014Q42015Q12015Q22015Q32015Q42016Q12016Q22016Q32016Q42017Q12017Q22017Q32017Q42018Q12018Q22018Q32018Q42019Q12019Q22019Q32019Q42020Q12020Q22020Q32020Q42021Q12021Q22021Q32021Q42022Q12022Q22022Q32022Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q32024Q42025Q12025Q22025Q32025Q42026Q12026Q2
Operating10.6 8.59 1.82 7.86 5.17 3.50 5.65 4.23 4.84 2.15 2.15 4.64 5.29 4.41 9.53 2.47 14.6 2.10 4.14 5.66 13.8 31.1 6.75 3.61 17.2 13.4 8.39 8.40 9.94 16.9 12.6 8.56 1.35 7.05 6.67 16.4 10.6 10.5 12.6 -1.44 11.5 10.3 -28.9 -2.69 -7.04 5.82 22.3 -1.67 8.77 3.37 3.18 36.2 -3.18 -0.72 -1.78 4.50 8.13 3.55 0.53 8.91 -4.90 7.30 8.54 7.98 -2.57 5.58
Investing-1.72 -0.87 0.21 -5.00 -0.23 -0.34 -0.52 -1.15 -0.05 0.8 -0.04 0.92 -0.25 -0.07 -0.34 -0.55 -0.12 -0.18 -0.04 -0.14 -0.29 -24.4 -0.14 -0.25 -0.38 -0.62 -0.69 -0.13 -0.15 -0.09 -0.29 -0.63 9.71 -5.13 -0.67 -0.31 -0.32 -0.33 -3.47 -0.73 -0.02 -0.04 -0.04 0.09 9.74 -0.08 -0.02 -0.06 -0.03 -0.05 -0.04 -33.6 -1.25 0.41 4.98 -0.03 0 -1.52 -0.01 -3.08 -1.42 -0.04 -1.08 -1.13 2.64 -5.06
Financing-9.50 -5.95 -2.84 -4.96 -2.03 -2.64 -5.73 -2.39 -5.55 -0.3 -2.53 -8.51 -3.05 -3.89 -3.38 -2.98 -7.92 -3.30 -3.43 -3.32 -10.3 -3.92 -4.33 -3.56 -14.3 -10.1 -5.77 -4.77 -13.1 -5.11 -5.15 -5.23 -12.7 -5.74 -5.76 -9.86 -11.1 -6.98 -6.57 -7.27 -13.1 -12.7 0 0 -2.73 -1.47 -21.0 -1.63 -2.80 -2.50 -2.64 -1.17 -2.68 -1.21 -1.25 -1.23 -2.66 -4.15 -1.50 -9.77 -3.11 -1.28 -1.26 -2.20 -2.91 -1.32
Cash at period end2.88 4.66 3.84 1.74 4.65 5.17 4.57 5.26 4.51 7.14 6.78 3.82 5.77 6.13 12.0 10.9 17.4 16.1 16.5 18.1 19.6 22.8 23.9 22.7 26.4 29.1 30.7 33.7 30.6 43.1 51.4 54.3 51.5 47.3 48.1 52.5 52.4 56.3 58.4 49.8 45.1 43.9 15.6 13.0 13.0 17.3 18.5 15.2 21.1 22.0 22.5 23.9 16.8 15.2 17.2 20.4 25.9 23.8 22.8 18.9 9.42 15.4 21.6 26.3 23.4 22.6
Profitability
Quarterly · %
Operating margin 8.1% Net margin 6.0%
2009Q4 2010Q2 2010Q3 2010Q4 2011Q1 2011Q2 2011Q3 2011Q4 2012Q1 2012Q2 2012Q3 2012Q4 2013Q1 2013Q2 2013Q3 2013Q4 2014Q1 2014Q2 2014Q3 2014Q4 2015Q1 2015Q2 2015Q3 2015Q4 2016Q1 2016Q2 2016Q3 2016Q4 2017Q1 2017Q2 2017Q3 2017Q4 2018Q1 2018Q2 2018Q3 2018Q4 2019Q1 2019Q2 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 2020Q4 2021Q1 2021Q2 2021Q3 2021Q4 2022Q1 2022Q2 2022Q3 2022Q4 2023Q1 2023Q2 2023Q3 2023Q4 2024Q1 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 2026Q2

Gross, operating and net margin = the respective profit ÷ revenue.

Show table:Profitability
Item2009Q42010Q22010Q32010Q42011Q12011Q22011Q32011Q42012Q12012Q22012Q32012Q42013Q12013Q22013Q32013Q42014Q12014Q22014Q32014Q42015Q12015Q22015Q32015Q42016Q12016Q22016Q32016Q42017Q12017Q22017Q32017Q42018Q12018Q22018Q32018Q42019Q12019Q22019Q32019Q42020Q12020Q22020Q32020Q42021Q12021Q22021Q32021Q42022Q12022Q22022Q32022Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q32024Q42025Q12025Q22025Q32025Q42026Q12026Q2
Operating margin———————————————————————————109.4%23.8%31.4%17.2%28.9%29.7%33.4%23.9%30.2%6.3%11.9%7.7%-5.1%2.5%-13.4%-26.2%13.5%4.2%4.5%11.4%12.2%2.4%-2.5%-7.0%-18.6%4.2%16.7%-6.6%13.9%12.9%-18.4%-2.1%12.5%-0.3%3.8%8.3%8.0%-6.0%8.1%
Net margin18.6%18.9%19.3%21.1%20.9%19.8%20.5%24.2%21.2%10.9%13.2%17.5%14.1%20.8%18.8%23.2%22.2%28.6%25.3%21.1%18.9%26.3%21.6%14.8%12.1%18.3%18.5%24.4%18.6%20.4%12.3%8.5%23.8%24.4%18.0%20.7%1.6%8.6%5.6%13.7%6.6%-16.2%-66.6%16.4%22.4%5.5%10.5%14.5%0.3%-2.4%-7.6%-15.3%3.0%13.2%15.3%-15.3%10.1%-9.9%0.4%-15.3%2.1%4.5%15.3%6.9%3.1%6.0%
Returns & leverage
Quarterly · %
ROE 6.4% ROA 5.3% Debt ratio 18.0%
2009Q4 2010Q2 2010Q3 2010Q4 2011Q1 2011Q2 2011Q3 2011Q4 2012Q1 2012Q2 2012Q3 2012Q4 2013Q1 2013Q2 2013Q3 2013Q4 2014Q1 2014Q2 2014Q3 2014Q4 2015Q1 2015Q2 2015Q3 2015Q4 2016Q1 2016Q2 2016Q3 2016Q4 2017Q1 2017Q2 2017Q3 2017Q4 2018Q1 2018Q2 2018Q3 2018Q4 2019Q1 2019Q2 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 2020Q4 2021Q1 2021Q2 2021Q3 2021Q4 2022Q1 2022Q2 2022Q3 2022Q4 2023Q1 2023Q2 2023Q3 2023Q4 2024Q1 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 2026Q2

ROE / ROA = trailing four-quarter net income ÷ average equity / total assets (annual mode: the year’s net income ÷ average of opening and closing). Not computed when the denominator is zero or negative.

Show table:Returns & leverage
Item2009Q42010Q22010Q32010Q42011Q12011Q22011Q32011Q42012Q12012Q22012Q32012Q42013Q12013Q22013Q32013Q42014Q12014Q22014Q32014Q42015Q12015Q22015Q32015Q42016Q12016Q22016Q32016Q42017Q12017Q22017Q32017Q42018Q12018Q22018Q32018Q42019Q12019Q22019Q32019Q42020Q12020Q22020Q32020Q42021Q12021Q22021Q32021Q42022Q12022Q22022Q32022Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q32024Q42025Q12025Q22025Q32025Q42026Q12026Q2
ROE———26.8%—19.8%20.8%22.4%21.2%19.4%17.9%16.4%15.3%18.3%19.9%21.7%25.1%27.9%29.3%27.9%27.7%25.6%24.2%22.2%21.0%15.9%14.6%16.2%18.4%18.3%16.6%13.2%14.6%14.7%15.1%16.9%12.3%8.3%5.6%3.8%4.5%1.5%-6.7%-6.4%-4.4%-1.8%8.1%7.8%4.6%3.5%1.1%-4.0%-3.5%-0.6%3.3%3.3%4.7%0.2%-2.5%-2.5%-4.0%-1.3%1.7%5.8%6.1%6.4%
ROA———22.4%—16.3%16.4%18.0%18.4%16.0%14.3%12.9%13.2%15.2%15.9%16.8%22.0%23.5%23.2%21.6%24.1%21.0%19.0%16.9%17.2%13.1%11.8%12.6%15.2%15.6%13.7%10.7%12.8%12.8%12.6%14.0%10.8%7.2%4.8%3.2%3.9%1.3%-5.7%-5.5%-3.9%-1.6%7.0%6.8%4.1%3.1%1.0%-3.2%-2.9%-0.5%2.7%2.5%3.7%0.2%-2.0%-1.9%-3.4%-1.0%1.4%4.6%5.2%5.3%
Debt ratio———16.5%—17.6%21.0%21.9%13.6%17.1%19.6%20.8%13.4%16.6%20.4%23.6%11.5%14.9%20.9%21.4%14.1%20.3%21.7%26.1%21.6%15.1%17.0%18.7%12.8%14.0%18.8%18.8%10.9%12.6%14.5%15.4%13.8%14.2%15.4%17.0%12.3%10.8%12.4%12.4%10.8%11.6%14.4%15.5%10.5%10.9%13.3%24.4%21.1%19.0%20.5%21.1%17.0%18.3%20.5%18.4%10.1%16.4%18.2%21.9%16.2%18.0%
EPS
Quarterly · US$
EPS US$0.17
2009Q4 2010Q2 2010Q3 2010Q4 2011Q1 2011Q2 2011Q3 2011Q4 2012Q1 2012Q2 2012Q3 2012Q4 2013Q1 2013Q2 2013Q3 2013Q4 2014Q1 2014Q2 2014Q3 2014Q4 2015Q1 2015Q2 2015Q3 2015Q4 2016Q1 2016Q2 2016Q3 2016Q4 2017Q1 2017Q2 2017Q3 2017Q4 2018Q1 2018Q2 2018Q3 2018Q4 2019Q1 2019Q2 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 2020Q4 2021Q1 2021Q2 2021Q3 2021Q4 2022Q1 2022Q2 2022Q3 2022Q4 2023Q1 2023Q2 2023Q3 2023Q4 2024Q1 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 2026Q2
Show table:EPS
Item2009Q42010Q22010Q32010Q42011Q12011Q22011Q32011Q42012Q12012Q22012Q32012Q42013Q12013Q22013Q32013Q42014Q12014Q22014Q32014Q42015Q12015Q22015Q32015Q42016Q12016Q22016Q32016Q42017Q12017Q22017Q32017Q42018Q12018Q22018Q32018Q42019Q12019Q22019Q32019Q42020Q12020Q22020Q32020Q42021Q12021Q22021Q32021Q42022Q12022Q22022Q32022Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q32024Q42025Q12025Q22025Q32025Q42026Q12026Q2
EPS(US$)1.090.340.380.470.500.520.460.570.520.300.340.490.380.650.570.760.751.140.920.770.711.230.870.580.440.690.720.920.730.830.490.340.930.940.620.640.050.220.130.300.13-0.33-1.310.360.520.120.240.360.01-0.05-0.15-0.400.090.360.41-0.400.27-0.270.01-0.400.050.120.410.200.090.17

Source: SEC EDGAR (XBRL company facts)

Annual reports by year

10-K: annual report of a US domestic issuer. Filings are the original documents hosted on SEC EDGAR — this site neither mirrors nor edits them.

FAQ

Where can I read WESTWOOD HOLDINGS GROUP INC (WHG) annual reports?

Every year in the table above links straight to the full text on SEC EDGAR. US annual reports are web pages (HTML) rather than PDFs, so you can read and search them in the browser without downloading anything. 3 filings are currently indexed.

What is the difference between a 10-K and a 20-F?

A 10-K is the annual report of a US domestic issuer, with sections fixed by law: Item 1 Business, Item 1A Risk Factors, Item 7 Management's Discussion and Analysis. A 20-F is filed by foreign private issuers — Taiwanese companies with US ADRs, such as TSMC, file 20-F rather than 10-K. A 40-F applies to Canadian issuers under the MJDS.

Are earnings call materials available here?

No. Earnings calls are not SEC filings, so US pages on this site cover annual reports only. Taiwan has a mandatory investor-conference disclosure regime, and those materials are indexed under Annual Reports.

Source: US Securities and Exchange Commission (SEC) EDGAR. This site indexes public filings and links to them; it hosts no copies, offers no investment advice, and makes no warranty as to timeliness or completeness.
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