StoneX Group Inc. operates as a global financial services network that connects companies, organizations, traders, and investors to a market ecosystem in the United States, Europe, South America, the Middle East, Asia, and internationally. The company operates through four segments: Commercial, Institutional, Self-Directed/Retail, and Payments. The Commercial segment provides risk management and hedging, voice brokerage, market intelligence, physical trading, and commodity financing, marketing, procurement, logistics, and price management services; and engages in the risk management and hedging services, execution and clearing of exchange-traded and OTC products. This segment also acts as an institutional dealer in fixed income securities to serve asset managers, commercial bank trust and investment departments, broker-dealers, and insurance companies; and engages in asset management business. The Self-Directed/Retail segment provides trading services and solutions in the global financial markets, including spot foreign exchange, precious metals trading, contracts for differences, and spread bets; and wealth management services, as well as offering physical gold and other precious metals in various forms and denominations through Stonexbullion.com. The company was formerly known as INTL FCStone Inc. and changed its name to StoneX Group Inc. in July 2020. StoneX Group Inc. was founded in 1924 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 | $132.4B | $2.0B | $306M | $4.3B | 12.9% | 32.5% | 17.3% |
| 2024 | $99.9B | $1.6B | $261M | $442M | 15.3% | 64.1% | 9.4% |
| 2023 | $60.9B | $1.2B | $239M | $-71M | 17.3% | -7.8% | 15.2% |
| 2022 | $66.0B | $518M | $207M | $-279M | 19.4% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 66,036 | 60,856.10 | 99,887.80 | 132,378.20 |
| Operating Revenue | - | 66,036 | 60,856.10 | 99,887.80 | 132,378.20 |
| Cost Of Revenue | - | 65,174.70 | 59,244 | 97,749.20 | 129,795.40 |
| Gross Profit | - | 861.30 | 1,612.10 | 2,138.60 | 2,582.80 |
| Operating Expense | - | 394.50 | 438.30 | 601.20 | 685 |
| Selling General And Administration | - | 176.20 | 184 | 323.30 | 370.20 |
| Total Expenses | - | 65,569.20 | 59,682.30 | 98,350.40 | 130,480.40 |
| Operating Income | - | 466.80 | 1,173.80 | 1,537.40 | 1,897.80 |
| Total Operating Income As Reported | - | 1,475.90 | 1,621 | 1,767.20 | 2,052.80 |
| EBITDA | - | 517.70 | 1,247.70 | 1,612.20 | 1,988.30 |
| Normalized EBITDA | - | 527.10 | 1,238.80 | 1,612 | 1,996.80 |
| EBIT | - | 457.40 | 1,182.70 | 1,537.60 | 1,889.30 |
| Interest Expense | - | 180.20 | 859.70 | 1,183.50 | 1,480.50 |
| Net Interest Income | - | -180.20 | -859.70 | -1,183.50 | -1,480.50 |
| Other Income Expense | - | -9.40 | 8.90 | 0.20 | -8.50 |
| Interest Expense Non Operating | - | 180.20 | 859.70 | 1,183.50 | 1,480.50 |
| Net Non Operating Interest Income Expense | - | -180.20 | -859.70 | -1,183.50 | -1,480.50 |
| Pretax Income | - | 277.20 | 323 | 354.10 | 408.80 |
| Tax Provision | - | 70.10 | 84.50 | 93.30 | 102.90 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -2.38 | 2.33 | 0.05 | -2.12 |
| Net Income Continuous Operations | - | 207.10 | 238.50 | 260.80 | 305.90 |
| Net Income From Continuing And Discontinued Operation | - | 207.10 | 238.50 | 260.80 | 305.90 |
| Net Income From Continuing Operation Net Minority Interest | - | 207.10 | 238.50 | 260.80 | 305.90 |
| Net Income | - | 207.10 | 238.50 | 260.80 | 305.90 |
| Net Income Common Stockholders | - | 201 | 230.40 | 251.70 | 295.50 |
| Net Income Including Noncontrolling Interests | - | 207.10 | 238.50 | 260.80 | 305.90 |
| Normalized Income | - | 214.12 | 231.93 | 260.65 | 312.27 |
| Diluted NI Availto Com Stockholders | - | 201 | 230.40 | 251.70 | 295.50 |
| Basic Average Shares | - | 66.05 | 67.36 | 68.71 | 71.15 |
| Diluted Average Shares | - | 67.73 | 69.59 | 71.16 | 75.19 |
| Reconciled Depreciation | - | 60.30 | 65 | 74.60 | 99 |
| Reconciled Cost Of Revenue | - | 65,158.80 | 59,230 | 97,727.70 | 129,763.90 |
| Total Unusual Items | - | -9.40 | 8.90 | 0.20 | -8.50 |
| Total Unusual Items Excluding Goodwill | - | -9.40 | 8.90 | 0.20 | -8.50 |
| Special Income Charges | - | -9.40 | 8.90 | 0.20 | -8.50 |
| Write Off | - | 15.80 | 16.50 | 0.60 | 3.10 |
| Restructuring And Mergern Acquisition | - | -6.40 | -25.40 | -0.80 | 5.40 |
| Depreciation Amortization Depletion Income Statement | - | 44.40 | 51 | 53.10 | 67.50 |
| Depreciation And Amortization In Income Statement | - | 44.40 | 51 | 53.10 | 67.50 |
| General And Administrative Expense | - | 120.90 | 130 | 270.70 | 319.70 |
| Other Gand A | - | 62.60 | 66.10 | 78.20 | 95.60 |
| Salaries And Wages | - | 11.40 | 12.40 | 131.70 | 156.30 |
| Insurance And Claims | - | 10.80 | 11.10 | 11.80 | 12.10 |
| Rent Expense Supplemental | - | 36.10 | 40.40 | 49 | 55.70 |
| Other Operating Expenses | - | 160.40 | 186.50 | 212 | 234 |
| Provision For Doubtful Accounts | 0 | - | - | - | - |
| Selling And Marketing Expense | - | 55.30 | 54 | 52.60 | 50.50 |
| Rent And Landing Fees | - | 36.10 | 40.40 | 49 | 55.70 |
| Otherunder Preferred Stock Dividend | - | 6.10 | 8.10 | 9.10 | 10.40 |
| Other Taxes | - | 13.50 | 16.80 | 12.80 | 13.30 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| StoneX Group Inc.this co. | SNEX | $9.0B | 29.55β premium | 3.80 | 12.9% | 13.05 |
| Virtu Financial, Inc. | VIRT | $11.1B | 25.30 | 7.00 | 27.7% | 9.56 |
| FactSet Research Systems Inc. | FDS | $9.3B | 15.56 | 4.25 | 27.3% | 10.88 |
| Jackson Financial Inc. | JXN | $7.4B | 273.73 | 0.78 | 0.3% | - |
| PJT Partners Inc. | PJT | $6.5B |
| - |
| - |
| - |
| - |
| - |
| 36.27 |
| 21.19 |
| 58.4% |
| 16.26 |
| Lincoln National Corporation | LNC | $6.5B | 5.53 | 0.66 | 11.9% | - |
| StepStone Group Inc. | STEP | $5.8B | - | - | 129.6% | - |
| Ameris Bancorp | ABCB | $5.7B | 13.90 | 1.41 | 10.1% | - |
| Enact Holdings, Inc. | ACT | $5.7B | 8.48 | 1.07 | 12.6% | - |
| Peer Median | - | 15.56 | 1.41 | 19.9% | 10.88 | |