Investment - Banking & Investment Services
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IBKR vs SNEX
Revenue, margins, valuation, and 5-year total return — side by side.
Financial - Capital Markets
IBKR vs SNEX — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Investment - Banking & Investment Services | Financial - Capital Markets |
| Market Cap | $37.39B | $5.67B |
| Revenue (TTM) | $10.23B | $132.38B |
| Net Income (TTM) | $984M | $360M |
| Gross Margin | 89.8% | 99.2% |
| Operating Margin | 86.0% | 99.1% |
| Forward P/E | 34.9x | 18.4x |
| Total Debt | $19M | $18.52B |
| Cash & Equiv. | $4.96B | $1.61B |
IBKR vs SNEX — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Interactive Brokers… (IBKR) | 100 | 821.9 | +721.9% |
| StoneX Group Inc. (SNEX) | 100 | 702.9 | +602.9% |
Price return only. Dividends and distributions are not included.
Quick Verdict: IBKR vs SNEX
Each card shows where this stock fits in a portfolio — not just who wins on paper.
IBKR is the clearest fit if your priority is valuation efficiency.
- PEG 1.18 vs SNEX's 35.65
- PEG 1.18 vs 35.65
- +87.6% vs SNEX's +75.6%
SNEX carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 3 yrs, beta 1.08, yield 3.3%
- Rev growth 32.5%, EPS growth 10.9%
- 12.8% 10Y total return vs IBKR's 8.3%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 32.5% NII/revenue growth vs IBKR's 9.8% | |
| Value | PEG 1.18 vs 35.65 | |
| Quality / Margins | Efficiency ratio 0.0% vs IBKR's 0.0% (lower = leaner) | |
| Stability / Safety | Beta 1.08 vs IBKR's 1.93 | |
| Dividends | 3.3% yield, 3-year raise streak, vs IBKR's 0.4% | |
| Momentum (1Y) | +87.6% vs SNEX's +75.6% | |
| Efficiency (ROA) | Efficiency ratio 0.0% vs IBKR's 0.0% |
IBKR vs SNEX — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
IBKR vs SNEX — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
SNEX leads this category, winning 3 of 5 comparable metrics.
Income & Cash Flow (Last 12 Months)
SNEX is the larger business by revenue, generating $132.4B annually — 12.9x IBKR's $10.2B. IBKR is the more profitable business, keeping 9.6% of every revenue dollar as net income compared to SNEX's 0.2%.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $10.2B | $132.4B |
| EBITDAEarnings before interest/tax | $8.9B | $169.4B |
| Net IncomeAfter-tax profit | $984M | $360M |
| Free Cash FlowCash after capex | $15.7B | $3.6B |
| Gross MarginGross profit ÷ Revenue | +89.8% | +99.2% |
| Operating MarginEBIT ÷ Revenue | +86.0% | +99.1% |
| Net MarginNet income ÷ Revenue | +9.6% | +0.2% |
| FCF MarginFCF ÷ Revenue | +153.9% | -0.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | — |
| EPS Growth (YoY)Latest quarter vs prior year | +26.0% | +47.9% |
Valuation Metrics
SNEX leads this category, winning 4 of 6 comparable metrics.
Valuation Metrics
At 18.4x trailing earnings, SNEX trades at a 51% valuation discount to IBKR's 37.8x P/E. Adjusting for growth (PEG ratio), IBKR offers better value at 1.27x vs SNEX's 35.65x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | ||
|---|---|---|
| Market CapShares × price | $37.4B | $5.7B |
| Enterprise ValueMkt cap + debt − cash | $32.4B | $22.6B |
| Trailing P/EPrice ÷ TTM EPS | 37.80x | 18.37x |
| Forward P/EPrice ÷ next-FY EPS est. | 34.93x | 18.44x |
| PEG RatioP/E ÷ EPS growth rate | 1.27x | 35.65x |
| EV / EBITDAEnterprise value multiple | 3.65x | 0.17x |
| Price / SalesMarket cap ÷ Revenue | 3.65x | 0.04x |
| Price / BookPrice ÷ Book value/share | 1.84x | 2.28x |
| Price / FCFMarket cap ÷ FCF | 2.38x | — |
Profitability & Efficiency
IBKR leads this category, winning 5 of 9 comparable metrics.
Profitability & Efficiency
SNEX delivers a 14.3% return on equity — every $100 of shareholder capital generates $14 in annual profit, vs $5 for IBKR. IBKR carries lower financial leverage with a 0.00x debt-to-equity ratio, signaling a more conservative balance sheet compared to SNEX's 7.79x. On the Piotroski fundamental quality scale (0–9), IBKR scores 6/9 vs SNEX's 5/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +5.2% | +14.3% |
| ROA (TTM)Return on assets | +0.5% | +0.8% |
| ROICReturn on invested capital | +24.7% | +5.8% |
| ROCEReturn on capital employed | +22.2% | +6.8% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 5 |
| Debt / EquityFinancial leverage | 0.00x | 7.79x |
| Net DebtTotal debt minus cash | -$4.9B | $16.9B |
| Cash & Equiv.Liquid assets | $5.0B | $1.6B |
| Total DebtShort + long-term debt | $19M | $18.5B |
| Interest CoverageEBIT ÷ Interest expense | 2.13x | 0.89x |
Total Returns (Dividends Reinvested)
Evenly matched — IBKR and SNEX each lead in 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in SNEX five years ago would be worth $58,943 today (with dividends reinvested), compared to $48,418 for IBKR. Over the past 12 months, IBKR leads with a +87.6% total return vs SNEX's +75.6%. The 3-year compound annual growth rate (CAGR) favors IBKR at 64.1% vs SNEX's 60.8% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +24.9% | +66.7% |
| 1-Year ReturnPast 12 months | +87.6% | +75.6% |
| 3-Year ReturnCumulative with dividends | +341.9% | +315.4% |
| 5-Year ReturnCumulative with dividends | +384.2% | +489.4% |
| 10-Year ReturnCumulative with dividends | +828.0% | +1280.4% |
| CAGR (3Y)Annualised 3-year return | +64.1% | +60.8% |
Risk & Volatility
Evenly matched — IBKR and SNEX each lead in 1 of 2 comparable metrics.
Risk & Volatility
SNEX is the less volatile stock with a 1.08 beta — it tends to amplify market swings less than IBKR's 1.93 beta. A beta below 1.0 means the stock typically moves less than the S&P 500.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.93x | 1.08x |
| 52-Week HighHighest price in past year | $84.63 | $109.97 |
| 52-Week LowLowest price in past year | $43.78 | $53.53 |
| % of 52W HighCurrent price vs 52-week peak | +99.2% | +98.4% |
| RSI (14)Momentum oscillator 0–100 | 66.7 | 72.4 |
| Avg Volume (50D)Average daily shares traded | 4.5M | 855K |
Analyst Outlook
SNEX leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Wall Street rates IBKR as "Buy" and SNEX as "Buy". For income investors, SNEX offers the higher dividend yield at 3.28% vs IBKR's 0.36%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $87.67 | — |
| # AnalystsCovering analysts | 19 | 2 |
| Dividend YieldAnnual dividend ÷ price | +0.4% | +3.3% |
| Dividend StreakConsecutive years of raises | 3 | 3 |
| Dividend / ShareAnnual DPS | $0.30 | $3.55 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.2% | 0.0% |
SNEX leads in 3 of 6 categories (Income & Cash Flow, Valuation Metrics). IBKR leads in 1 (Profitability & Efficiency). 2 tied.
IBKR vs SNEX: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is IBKR or SNEX a better buy right now?
For growth investors, StoneX Group Inc.
(SNEX) is the stronger pick with 32. 5% revenue growth year-over-year, versus 9. 8% for Interactive Brokers Group, Inc. (IBKR). StoneX Group Inc. (SNEX) offers the better valuation at 18. 4x trailing P/E (18. 4x forward), making it the more compelling value choice. Analysts rate Interactive Brokers Group, Inc. (IBKR) a "Buy" — based on 19 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — IBKR or SNEX?
On trailing P/E, StoneX Group Inc.
(SNEX) is the cheapest at 18. 4x versus Interactive Brokers Group, Inc. at 37. 8x. On forward P/E, StoneX Group Inc. is actually cheaper at 18. 4x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Interactive Brokers Group, Inc. wins at 1. 18x versus StoneX Group Inc. 's 35. 65x — a reasonable growth-adjusted valuation.
03Which is the better long-term investment — IBKR or SNEX?
Over the past 5 years, StoneX Group Inc.
(SNEX) delivered a total return of +489. 4%, compared to +384. 2% for Interactive Brokers Group, Inc. (IBKR). Over 10 years, the gap is even starker: SNEX returned +1239% versus IBKR's +857. 9%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — IBKR or SNEX?
By beta (market sensitivity over 5 years), StoneX Group Inc.
(SNEX) is the lower-risk stock at 1. 08β versus Interactive Brokers Group, Inc. 's 1. 93β — meaning IBKR is approximately 79% more volatile than SNEX relative to the S&P 500. On balance sheet safety, Interactive Brokers Group, Inc. (IBKR) carries a lower debt/equity ratio of 0% versus 8% for StoneX Group Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — IBKR or SNEX?
By revenue growth (latest reported year), StoneX Group Inc.
(SNEX) is pulling ahead at 32. 5% versus 9. 8% for Interactive Brokers Group, Inc. (IBKR). On earnings-per-share growth, the picture is similar: Interactive Brokers Group, Inc. grew EPS 28. 3% year-over-year, compared to 10. 9% for StoneX Group Inc.. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — IBKR or SNEX?
Interactive Brokers Group, Inc.
(IBKR) is the more profitable company, earning 9. 6% net margin versus 0. 2% for StoneX Group Inc. — meaning it keeps 9. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: SNEX leads at 99. 1% versus 86. 0% for IBKR. At the gross margin level — before operating expenses — SNEX leads at 99. 2%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is IBKR or SNEX more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, Interactive Brokers Group, Inc. (IBKR) is the more undervalued stock at a PEG of 1. 18x versus StoneX Group Inc. 's 35. 65x. A PEG below 1. 5 suggests fair-to-attractive pricing relative to expected growth. On forward earnings alone, StoneX Group Inc. (SNEX) trades at 18. 4x forward P/E versus 34. 9x for Interactive Brokers Group, Inc. — 16. 5x cheaper on a one-year earnings basis.
08Which pays a better dividend — IBKR or SNEX?
All stocks in this comparison pay dividends.
StoneX Group Inc. (SNEX) offers the highest yield at 3. 3%, versus 0. 4% for Interactive Brokers Group, Inc. (IBKR).
09Is IBKR or SNEX better for a retirement portfolio?
For long-horizon retirement investors, StoneX Group Inc.
(SNEX) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1. 08), 3. 3% yield, +1239% 10Y return). Interactive Brokers Group, Inc. (IBKR) carries a higher beta of 1. 93 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (SNEX: +1239%, IBKR: +857. 9%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between IBKR and SNEX?
Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: IBKR is a mid-cap quality compounder stock; SNEX is a small-cap high-growth stock. SNEX pays a dividend while IBKR does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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