BGCNasdaqSecurity & Commodity Brokers, Dealers, Exchanges & ServicesFiscal year ends December 31
BGC Group, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 10, 2026
$11.35−0.24 (-2.07%)
Close on Oct 19, 2026
- Market cap
- $5.44B
- P/E (TTM)
- 27.7
- Dividend yield
- 0.70%
Margins
Share of revenue, fiscal years 2011 to 2025
Net margin
5.3%+2.8 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +30.0% | +17.9% | +7.4% | +0.6% | |
| Net income | +25.8% | +38.1% | +24.9% | -0.3% | |
| EPS, diluted | +24.0% | +33.6% | +20.9% | -6.7% | |
| Free cash flow | +30.5% | +20.4% | +6.5% | -5.4% | |
| Dividend per share | +14.3% | +26.0% | -14.0% | -17.4% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 20.4% | 7.1% | 16.6% | |
| Return on assets | 4.1% | 1.3% | 3.9% | |
| Debt to equity | 0.82 | 1.75 | 1.85 | |
| Capex to revenue | 1.1% | 1.5% | 0.7% | |
| Diluted shares | 433M | 547M | 481M |
Where the cash went
Fiscal 2021 to 2025, five years combined
BGC generated $1.76B from operations and spent $1.33B on capital expenditure, dividends and share buybacks. 6% of that went back into the business.
Generated
$1.76B
Used
$1.33B
Capital expenditure$86.74M6%Dividends$120.50M9%Share buybacks$1.13B84%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin5.3%
×Asset turnover0.74×
×Equity multiplier4.28×
=Return on equity, FY202516.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 5.3% | 0.74× | 4.28× | 16.6% |
| FY2024 | 5.4% | 0.67× | 3.79× | 13.8% |
| FY2023 | 1.9% | 0.65× | 4.02× | 5.0% |
| FY2022 | 3.3% | 0.56× | 4.98× | 9.1% |
| FY2021 | 7.6% | 0.55× | 5.31× | 22.3% |
| FY2020 | 2.5% | 0.52× | 5.51× | 7.1% |
| FY2019 | 2.1% | 0.57× | 5.10× | 6.1% |
| FY2018 | 10.4% | 0.44× | 6.32× | 28.8% |
| FY2017 | 2.9% | 0.33× | 5.76× | 5.7% |
| FY2016 | 11.9% | 0.34× | 4.97× | 20.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 7 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$154.96M
- Cash generatingOperating cash flow above zero$394.35M
- Return on assets improvedROA up on the prior year3.9% → 4.3%
- Earnings backed by cashOperating cash flow above net income$394.35M vs $154.96M
- Less leverageLong-term debt to assets fell37.2% → 40.2%
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise479M → 481M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.71 → 0.82