StoneX Group Inc. (SNEX) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q3 26	$0.82	$1.04	+26.8%	—	$40.2B	—
Q2 26	$1.09	$1.44	+32.1%	—	$45.8B	—
Q1 26	$0.88	$1.11	+26.1%	—	$39B	—
Q4 25	$0.67	$0.72	+7.5%	—	$32.7B	—
Q3 25	$0.64	$0.64	0.0%	—	$34.8B	—
Q2 25	$0.64	$0.65	+1.6%	—	$36.9B	—
Q1 25	$0.64	$0.75	+17.2%	—	$27.9B	—
Q4 24	$0.61	$0.69	+13.1%	—	$31.1B	—
Q3 24	$0.53	$0.56	+5.7%	—	$27.1B	—
Q2 24	$0.46	$0.48	+4.3%	—	$22.1B	—
Q1 24	$0.5	$0.63	+26.0%	—	$19.6B	—
Q4 23	$2.26	$2.36	+4.4%	—	$16.6B	—
Q3 23	$2.44	$3.25	+33.2%	—	$15B	—
Q2 23	$2.25	$2.12	-5.8%	—	$16.2B	—
Q1 23	$2.13	$2.47	+16.0%	—	$13B	—
Q4 22	$1.94	$2.49	+28.4%	—	$16.4B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$4.15	—	—	$132.4B	—
FY24	—	$5.49	—	—	$99.9B	—
FY23	—	$7.7	—	—	$60.9B	—
FY22	—	$6.85	—	—	$66B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$14.8B	$29.4B	$27.6B	$32.9B	$54.1B	$42.5B	$66B	$60.9B	$99.9B	$132.4B
YoY change	-57.5%	+99.4%	-6.12%	+19.1%	+64.6%	-21.4%	+55.3%	-7.84%	+64.1%	+32.5%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	14.8B	29.4B	27.6B	32.9B	54.1B	42.5B	66B	60.9B	99.9B	132.4B
Cost of revenue	14.5B	29.2B	27.3B	32.5B	53.7B	42B	65.2B	59.3B	97.9B	129.8B
Gross profit	208.3M	239M	324.6M	414.8M	451.9M	560.3M	851.3M	1.6B	2B	2.6B
Gross margin	1.41%	0.81%	1.18%	1.26%	0.83%	1.32%	1.29%	2.62%	2.01%	1.95%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	39.2M	42.1M	48.8M	55.6M	82.3M	131.8M	176.2M	184M	201M	370.2M
Operating expenses	96.2M	115.9M	123.8M	145.9M	178.1M	257M	326.6M	355.7M	413M	604.2M
Operating income	99.6M	108.7M	184.3M	262.7M	247.5M	252M	466.8M	1.2B	1.5B	1.9B
Operating margin	0.68%	0.37%	0.67%	0.8%	0.46%	0.59%	0.71%	1.93%	1.53%	1.43%
Non-operating income, net	1.4M	-51.4M	-2.1M	3M	63.2M	-7M	-9.4M	8.9M	8.2M	-8.5M
Pretax income	72.7M	15.2M	101.5M	111M	206.7M	154.1M	277.2M	323M	354.1M	408.8M
Income tax	18M	8.8M	46M	25.9M	37.1M	37.8M	70.1M	84.5M	93.3M	102.9M
Net income	54.7M	6.4M	55.5M	85.1M	169.6M	116.3M	207.1M	238.5M	260.8M	305.9M
Net margin	0.37%	0.02%	0.2%	0.26%	0.31%	0.27%	0.31%	0.39%	0.26%	0.23%
EBITDA	114M	118.5M	195.9M	276.7M	277.1M	300.7M	527.1M	1.2B	1.6B	2B
EPS	1.96	0.21	1.95	2.97	5.85	3.93	6.85	7.7	5.49	4.15
Diluted EPS	1.93	0.21	1.91	2.93	5.74	3.83	6.67	7.45	5.31	3.93

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Revenue	16.6B	19.6B	22.1B	27.1B	31.1B	27.9B	36.9B	34.8B	32.7B	39B	45.8B	40.2B
Cost of revenue	16.3B	19.1B	21.6B	26.5B	30.7B	27.3B	36.3B	34.2B	32B	38.1B	44.8B	39.3B
Gross profit	377.8M	472.5M	499.4M	571.5M	460.5M	600.8M	590.8M	649.9M	741.3M	895.3M	963.8M	882.6M
Gross margin	2.27%	2.41%	2.26%	2.11%	1.48%	2.15%	1.6%	1.87%	2.27%	2.29%	2.11%	2.2%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	-44.8M	66.8M	92.5M	88.7M	-44.6M	86.7M	87.3M	94.9M	101.3M	110.3M	103.7M	90M
Operating expenses	14.1M	114.2M	143.9M	144.7M	8.2M	142.7M	142.1M	151.4M	168M	192.3M	191.8M	174.9M
Operating income	346.5M	344.6M	340.4M	411.9M	430.1M	439.6M	430.6M	480.1M	547.5M	677.1M	740.9M	675.6M
Operating margin	2.08%	1.76%	1.54%	1.52%	1.38%	1.57%	1.17%	1.38%	1.67%	1.73%	1.62%	1.68%
Non-operating income, net	-4.6M	300K	7.3M	-2.8M	5.8M	-1.3M	-2.1M	-3.1M	-2M	-4.2M	-26.2M	-4.9M
Pretax income	75.4M	95.7M	72.3M	88M	98.1M	116.9M	97.1M	85.6M	109.2M	184.9M	227.1M	159.8M
Income tax	24.7M	26.6M	19.2M	26.1M	21.4M	31.8M	25.4M	22.2M	23.5M	45.9M	52.8M	31.9M
Net income	50.7M	69.1M	53.1M	61.9M	76.7M	85.1M	71.7M	63.4M	85.7M	139M	174.3M	127.9M
Net margin	0.3%	0.35%	0.24%	0.23%	0.25%	0.3%	0.19%	0.18%	0.26%	0.36%	0.38%	0.32%
EBITDA	364M	359M	358.6M	431.5M	452.5M	468.7M	453.1M	498.2M	576.8M	708.6M	768.4M	712.1M
EPS	1.62	2.2	1.68	1.3	1.61	1.77	0.99	0.86	1.11	1.77	2.21	0.71
Diluted EPS	1.57	2.13	1.63	1.25	1.55	1.69	0.94	0.81	1.05	1.67	2.07	0.67

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	—	—	—	—	—	—	—	—	—	—	7.9B
Enterprise value	—	—	—	—	—	—	—	—	—	—	-6.9B
Shares outstanding	27.6M	27.6M	27.8M	28.1M	28.2M	28.7M	29.4M	29.9M	45.8M	71.1M	71.1M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	—	—	—	—	—	—	—	—	—	17.9
P/S	—	—	—	—	—	—	—	—	—	—	0.05
P/B	—	—	—	—	—	—	—	—	—	—	2.76
EV/EBITDA	—	—	—	—	—	—	—	—	—	—	-3.48
EV/Sales	—	—	—	—	—	—	—	—	—	—	-0.04
Earnings yield	—	—	—	—	—	—	—	—	—	—	5.59%
FCF yield	—	—	—	—	—	—	—	—	—	—	3.72%
PEG	—	—	—	—	—	—	—	—	—	—	-1.05

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	1.41%	0.81%	1.18%	1.26%	0.83%	1.32%	1.29%	2.62%	2.01%	1.95%	2.2%
Operating margin	0.68%	0.37%	0.67%	0.8%	0.46%	0.59%	0.71%	1.93%	1.53%	1.43%	0.42%
Net margin	0.37%	0.02%	0.2%	0.26%	0.31%	0.27%	0.31%	0.39%	0.26%	0.23%	0.34%
ROE	12.6%	1.42%	11%	14.3%	22.1%	12.9%	19.4%	17.3%	15.3%	12.9%	21.9%
ROA	0.92%	0.1%	0.71%	0.86%	1.26%	0.62%	1.04%	1.09%	0.95%	0.68%	1.19%
ROIC	8.3%	3.33%	6.16%	10.7%	3.82%	2.64%	6.56%	12.8%	9.58%	7.36%	8.57%
Return on tangible assets	0.94%	0.1%	0.72%	0.87%	1.28%	0.62%	1.05%	1.1%	0.96%	0.7%	1%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.2	1.21	1.32	1.79	1.52	1.56	1.33	1.44	1.67	1.57	1.06
Quick ratio	1.17	1.17	1.27	1.74	1.48	1.51	1.28	1.39	1.61	1.53	1.61
Debt / equity	3.21	3.86	5.09	7.75	7.17	8.18	5	4.7	6.62	7.79	8.23
Debt / assets	0.23	0.28	0.33	0.46	0.41	0.39	0.27	0.3	0.41	0.41	0.43
Net debt / EBITDA	4.11	7.82	5.77	4.64	16.4	20.9	8.05	4.33	6.26	8.47	7.6
Interest coverage	3.57	1.36	2.26	1.72	2.99	2.7	2.54	1.38	1.3	1.28	1.35
Effective tax rate	24.8%	57.9%	45.3%	23.3%	17.9%	24.5%	25.3%	26.2%	26.3%	25.2%	22.6%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	534.3	1.1K	992.8	1.2K	1.9K	1.5K	2.2K	2K	2.2K	1.9K	1.4K
EPS (basic)	1.96	0.21	1.95	2.97	5.85	3.93	6.85	7.7	5.49	4.15	4.15
EPS (diluted)	1.93	0.21	1.91	2.93	5.74	3.83	6.67	7.45	5.31	3.93	3.66
Book value per share	15.7	16.3	18.2	21.1	27.2	31.5	36.5	46.1	37.3	33.4	23.7
FCF per share	-1.56	37	-17.5	6.54	68.5	71.8	-9.5	-2.36	9.64	60.8	20.3
Cash per share	33.5	29.3	51.7	118.1	33.7	38.7	37.8	37	27.7	22.6	318.6
Capex per share	0.56	0.58	0.45	0.42	0.59	2.06	1.69	1.57	1.42	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	0.1%	0.05%	0.05%	0.04%	0.03%	0.14%	0.07%	0.08%	0.07%	—	—
Capex / operating cash flow	-12.3%	1.74%	-7.82%	4.59%	0.84%	2.71%	2.63%	6.31%	-202.5%	—	—
Payout ratio	—	—	—	—	—	—	—	—	—	—	0%

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Revenue	$16.6B	$19.6B	$22.1B	$27.1B	$31.1B	$27.9B	$36.9B	$34.8B	$32.7B	$39B	$45.8B	$40.2B
YoY change	+1.55%	+50.4%	+36.8%	+79.9%	+87.2%	+42.7%	+66.9%	+28.7%	+5.09%	+39.7%	+24%	+15.4%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	925.8M	808.1M	1.4B	3.3B	952.6M	1.1B	1.1B	1.1B	1.3B	1.6B
Receivables	194.5M	232.7M	288M	422.3M	411.4M	461.1M	566.2M	683.1M	1B	1.3B
Inventory	123.8M	124.8M	222.5M	229.3M	281.1M	447.5M	513.5M	537.3M	681.1M	917.5M
Total current assets	4.2B	4.3B	5.6B	7.6B	10.3B	14B	15.2B	16.3B	20B	35.1B
Property, plant & equipment	29.4M	38.7M	42.4M	43.9M	163.6M	218.6M	234.7M	245.6M	300.1M	328.5M
Goodwill & intangibles	113.2M	118.8M	119.6M	135.8M	219M	201.6M	172.4M	164.8M	161.2M	1.5B
Total assets	6B	6.2B	7.8B	9.9B	13.5B	18.8B	19.9B	21.9B	27.5B	45.3B
Accounts payable	3B	3.2B	3.8B	3.7B	6B	8.1B	10.3B	10.5B	10.9B	20.6B
Short-term debt	182.8M	230.2M	355.2M	202.3M	268.1M	248.6M	485.1M	341M	338.8M	782M
Total current liabilities	3.5B	3.6B	4.2B	4.2B	6.8B	9B	11.5B	11.3B	12B	22.4B
Long-term debt	1.2B	1.5B	2.2B	4.4B	5.2B	7.1B	4.9B	6.1B	11B	17.7B
Total liabilities	5.5B	5.8B	7.3B	9.3B	12.7B	17.9B	18.8B	20.6B	25.8B	42.9B
Shareholders' equity	433.8M	449.9M	505.3M	594.2M	767.5M	904M	1.1B	1.4B	1.7B	2.4B
Total debt	1.4B	1.7B	2.6B	4.6B	5.5B	7.4B	5.4B	6.5B	11.3B	18.5B
Net debt	1.1B	1.4B	2.2B	4.1B	4.5B	6.3B	4.2B	5.4B	10B	16.9B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Cash & short-term investments	1.1B	1.2B	1.3B	1.2B	1.3B	1.4B	1.3B	1.3B	1.6B	1.6B	2.1B	2.2B
Receivables	683.1M	825.6M	1.3B	871.4M	1B	1.1B	1.4B	961.7M	1.3B	1B	1.4B	1.3B
Inventory	537.3M	518.4M	616.9M	587.4M	681.1M	861.4M	796.2M	705.4M	917.5M	1.4B	1B	1.2B
Total current assets	16.3B	17.6B	19.3B	19.1B	20B	21.9B	22.3B	24.5B	35.1B	35.8B	40.7B	41.2B
Property, plant & equipment	245.6M	264.9M	280.6M	299.6M	300.1M	304.8M	306.1M	310.1M	328.5M	324.3M	337.1M	342.6M
Goodwill & intangibles	164.8M	161M	159M	154.2M	161.2M	174M	180M	177.8M	1.5B	1.5B	1.5B	1.5B
Total assets	21.9B	23.2B	25.7B	25.9B	27.5B	29.6B	31.3B	34.3B	45.3B	47.8B	53.6B	54B
Accounts payable	10.5B	10.5B	11.7B	11.1B	10.9B	11.8B	11.2B	11.5B	20.6B	19.9B	23.6B	22B
Short-term debt	341M	418.5M	253.6M	227.8M	338.8M	550M	340.9M	352.7M	782M	488.8M	564.8M	660.7M
Total current liabilities	11.3B	11.5B	12.3B	11.8B	12B	12.8B	12.2B	12.4B	22.4B	21.4B	26B	25B
Long-term debt	6.1B	7.6B	8.7B	9.1B	11B	11.7B	13.6B	16.4B	17.7B	19.8B	21.3B	22.5B
Total liabilities	20.6B	21.8B	24.1B	24.3B	25.8B	27.8B	29.4B	32.3B	42.9B	45.3B	50.9B	51.2B
Shareholders' equity	1.4B	1.5B	1.5B	1.6B	1.7B	1.8B	1.9B	2B	2.4B	2.5B	2.7B	2.8B
Total debt	6.5B	8B	9B	9.3B	11.3B	12.2B	14B	16.8B	18.5B	20.2B	21.8B	23.2B
Net debt	5.4B	6.9B	7.7B	8.1B	10B	10.8B	12.7B	15.5B	16.9B	18.7B	19.7B	21B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	54.7M	6.4M	55.5M	85.1M	169.6M	116.3M	207.1M	238.5M	260.8M	305.9M
Depreciation & amortization	7.8M	9.8M	11.6M	14M	29.6M	48.7M	60.3M	65M	74.6M	99M
Stock-based compensation	5.1M	6.3M	6.6M	8.1M	10.3M	13.9M	17.8M	28M	37.2M	49M
Change in working capital	-187.4M	909.7M	-256.9M	152.4M	1.8B	2B	1.6B	432.2M	-399.7M	3.5B
Operating cash flow	-125.7M	924.3M	-159.9M	259.3M	2B	2.2B	1.9B	743.6M	-32.2M	4.4B
Capital expenditure	-15.4M	-16.1M	-12.5M	-11.9M	-16.6M	-59M	-49.5M	-46.9M	-65.2M	—
Investing cash flow	-35.5M	-22.3M	-15.4M	-40.8M	-241.6M	-59.8M	-49.5M	-53M	-63.7M	-400.1M
Dividends paid	—	—	—	—	—	—	—	—	—	—
Share repurchases	-19.5M	0	0	-3.8M	-7.5M	-11.7M	0	0	—	—
Financing cash flow	117.5M	2.3M	118.3M	8.4M	306.8M	-78.3M	59.1M	-173M	180.3M	904.1M
Net change in cash	-43.7M	904.3M	-57M	226.9M	2.1B	2B	1.9B	517.6M	84.4M	4.9B
Free cash flow	-43.2M	1B	-486.1M	183.7M	1.9B	2.1B	-279M	-70.6M	441.7M	4.3B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Net income	50.7M	69.1M	53.1M	61.9M	76.7M	85.1M	71.7M	63.4M	85.7M	139M	174.3M	127.9M
Depreciation & amortization	17.5M	14.4M	18.2M	19.6M	22.4M	23.4M	22.5M	19.4M	33.7M	31.9M	30.2M	38.2M
Stock-based compensation	6.7M	7.6M	9.2M	11M	9.4M	11.3M	10.7M	13.2M	13.8M	14.3M	13.7M	14.3M
Change in working capital	-2.9M	162.6M	522.6M	-428.5M	-656.4M	978.9M	-943.1M	678.9M	2.8B	-2.5B	2B	-1.2B
Operating cash flow	67.9M	256.7M	599.4M	-331M	-557.3M	1.1B	-826.7M	1.5B	3.5B	-1.3B	2.8B	-1.2B
Capital expenditure	-14.1M	-12.7M	-17.4M	-18.4M	-16.7M	-13.6M	-15.3M	—	—	—	—	—
Investing cash flow	-14.1M	-12.7M	-18.5M	-17.8M	-18.7M	-21.6M	-21.1M	-200K	-386.1M	-12.9M	2.1M	0
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	—	—	—	—	—	—	—	—	—	—	—	—
Financing cash flow	-201.1M	76.4M	377.1M	-383.8M	110.6M	187.4M	-210.5M	9.5M	917.7M	-300.7M	72.1M	90.2M
Net change in cash	-147.3M	320.4M	958M	-732.6M	-465.4M	1.3B	-1.1B	1.5B	4.1B	-1.6B	2.9B	-1.1B
Free cash flow	357M	139.7M	766.6M	-640.5M	175.9M	-491.4M	-169.8M	1.5B	3.5B	-1.3B	2.8B	-1.2B

StoneX Group Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement