BGC Group, Inc. operates as a financial brokerage and technology company in the United States, Europe, the Middle East, Africa, and the Asia Pacific. The company offers various brokerage services, such as government bonds and corporate bonds as well as interest rate derivatives and credit derivatives, foreign exchange, fixed income products, equities and futures and options; and brokerage and trade execution of ECS products, including listed derivatives and physical commodities in the oil and refined, and environmental and energy transition markets; and ship chartering services. It also provides price discovery, trade execution, brokerage services, clearing, information, and other back-office services to financial and non-financial institutions. In addition, the company offers financial technology solutions, network and connectivity solutions, market data and related information services, market infrastructure, and post-trade services. Further, the company's integrated platform is designed to provide flexibility to customers regarding price discovery, trade execution and processing of transactions, as well as accessing liquidity through its platforms, for transactions executed either OTC or through an exchange. It primarily serves banks, broker-dealers, trading firms, hedge funds, governments, corporations, investment firms, commodity trading firms, and end users. BGC Group, Inc. was founded in 1945 and is headquartered in New York, New York.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $2.9B | $442M | $155M | $328M | 15.9% | 30.9% | 22.0% |
| 2024 | $2.2B | $346M | $127M | $243M | 14.1% | 11.4% | 250.2% |
| 2023 | $2.0B | $215M | $36M | $345M | 4.1% | 11.6% | -25.6% |
| 2022 | $1.8B | $230M | $49M | $166M | 7.3% | - | - |
| 2021 | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,774.30 | 1,979.98 | 2,206.59 | 2,887.64 |
| Cost Of Revenue | - | 937.10 | 1,086.78 | 1,227.07 | 1,764.57 |
| Gross Profit | - | 837.19 | 893.20 | 979.52 | 1,123.07 |
| Operating Expense | - | 634.65 | 754.55 | 794.42 | 822.50 |
| Operating Income | - | 202.54 | 138.66 | 185.10 | 300.56 |
| EBITDA | - | 230.44 | 215.36 | 345.65 | 442.37 |
| EBIT | - | 155.38 | 134.94 | 264.22 | 339.06 |
| Pretax Income | - | 97.45 | 57.71 | 173.14 | 213.75 |
| Tax Provision | - | 38.58 | 18.93 | 49.92 | 67.21 |
| Net Income | - | 48.71 | 36.26 | 126.99 | 154.96 |
| Net Income Common Stockholders | - | 48.71 | 34.07 | 121.22 | 148.63 |
| Total Expenses | - | 1,571.75 | 1,841.32 | 2,021.49 | 2,587.07 |
| Interest Expense | - | 57.93 | 77.23 | 91.08 | 125.32 |
| Interest Income | - | 21.01 | 45.42 | 56.22 | 53.82 |
| Selling General And Administration | - | 634.65 | 754.55 | 794.42 | 822.50 |
| Normalized EBITDA | - | 231.47 | 215.36 | 306.88 | 375.66 |
| Normalized Income | - | 49.33 | 36.26 | 99.40 | 109.19 |
| Market Cap | 5,344.93 | 5,344.93 | 5,344.93 | 5,344.93 | 5,344.93 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| BGC Group, Inc.this co. | BGC | - | 34.49β premium | 5.50 | 15.9% | 14.66 |
| Seacoast Banking Corporation of Florida | SBCF | $2.8B | 21.13 | 1.13 | 5.3% | - |
| Merchants Bancorp | MBIN | $2.8B | 10.29 | 1.30 | 12.6% | - |
| Artisan Partners Asset Management Inc. | APAM | $2.7B | 9.24 | 6.11 | 66.2% | 5.40 |
| The Bancorp, Inc. | TBBK | $2.6B |
| - |
| - |
| - |
| - |
| 10.71 |
| 3.54 |
| 33.1% |
| - |
| Acadian Asset Management Inc. | AAMI | $2.5B | 30.27 | 39.96 | 132.0% | 14.22 |
| WisdomTree, Inc. | WT | $2.3B | 21.24 | 5.60 | 26.4% | 16.65 |
| Hilltop Holdings Inc. | HTH | $2.3B | 12.95 | 0.99 | 7.6% | - |
| Stewart Information Services Corporation | STC | $2.0B | 18.87 | 1.33 | 7.0% | - |
| Peer Median | - | 15.91 | 2.44 | 19.5% | 14.22 | |