Financial - Capital Markets
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4 / 10Stock Comparison
SNEX vs MS vs GS vs CME
Revenue, margins, valuation, and 5-year total return — side by side.
Financial - Capital Markets
Financial - Capital Markets
Financial - Data & Stock Exchanges
SNEX vs MS vs GS vs CME — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||||
|---|---|---|---|---|
| Industry | Financial - Capital Markets | Financial - Capital Markets | Financial - Capital Markets | Financial - Data & Stock Exchanges |
| Market Cap | $9.51B | $302.59B | $287.62B | $104.07B |
| Revenue (TTM) | $132.38B | $103.14B | $126.85B | $6.52B |
| Net Income (TTM) | $462M | $16.18B | $16.67B | $4.24B |
| Gross Margin | 2.0% | 55.6% | 41.1% | 86.1% |
| Operating Margin | 1.6% | 17.1% | 14.5% | 64.9% |
| Forward P/E | 21.0x | 16.0x | 15.6x | 23.5x |
| Total Debt | $18.52B | $360.49B | $616.93B | $3.76B |
| Cash & Equiv. | $1.61B | $75.74B | $182.09B | $4.42B |
SNEX vs MS vs GS vs CME — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| StoneX Group Inc. (SNEX) | 100 | 800.1 | +700.1% |
| Morgan Stanley (MS) | 100 | 430.3 | +330.3% |
| The Goldman Sachs G… (GS) | 100 | 471.2 | +371.2% |
| CME Group Inc. (CME) | 100 | 157.1 | +57.1% |
Price return only. Dividends and distributions are not included.
Quick Verdict: SNEX vs MS vs GS vs CME
Each card shows where this stock fits in a portfolio — not just who wins on paper.
SNEX carries the broadest edge in this set and is the clearest fit for income & stability and long-term compounding.
- Dividend streak 3 yrs, beta 1.08, yield 2.9%
- 14.5% 10Y total return vs MS's 7.3%
- Lower volatility, beta 1.08, current ratio 1.57x
- Beta 1.08, yield 2.9%, current ratio 1.57x
MS is the clearest fit if your priority is bank quality.
- NIM 0.7% vs GS's 0.5%
GS is the #2 pick in this set and the best alternative if growth exposure and valuation efficiency is your priority.
- Rev growth 17.0%, EPS growth 77.3%
- PEG 1.12 vs SNEX's 2.33
- Lower P/E (15.6x vs 23.5x), PEG 1.12 vs 1.71
- 1.5% yield, 12-year raise streak, vs CME's 3.8%
CME lags the leaders in this set but could rank higher in a more targeted comparison.
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 32.5% NII/revenue growth vs CME's 6.4% | |
| Value | Lower P/E (15.6x vs 23.5x), PEG 1.12 vs 1.71 | |
| Quality / Margins | Efficiency ratio 0.0% vs MS's 0.4% (lower = leaner) | |
| Stability / Safety | Beta 1.08 vs GS's 1.47 | |
| Dividends | 1.5% yield, 12-year raise streak, vs CME's 3.8% | |
| Momentum (1Y) | +92.6% vs CME's +4.6% | |
| Efficiency (ROA) | Efficiency ratio 0.0% vs MS's 0.4% |
SNEX vs MS vs GS vs CME — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
SNEX vs MS vs GS vs CME — Financial Metrics
Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
CME leads in 2 of 6 categories
SNEX leads 2 • MS leads 0 • GS leads 0 • 2 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
CME leads this category, winning 4 of 5 comparable metrics.
Income & Cash Flow (Last 12 Months)
SNEX is the larger business by revenue, generating $132.4B annually — 20.3x CME's $6.5B. CME is the more profitable business, keeping 62.0% of every revenue dollar as net income compared to SNEX's 0.2%.
| Metric | ||||
|---|---|---|---|---|
| RevenueTrailing 12 months | $132.4B | $103.1B | $126.9B | $6.5B |
| EBITDAEarnings before interest/tax | $47.1B | $26.3B | $23.4B | $4.7B |
| Net IncomeAfter-tax profit | $462M | $16.2B | $16.7B | $4.2B |
| Free Cash FlowCash after capex | $6.5B | -$6.7B | $15.8B | $4.4B |
| Gross MarginGross profit ÷ Revenue | +2.0% | +55.6% | +41.1% | +86.1% |
| Operating MarginEBIT ÷ Revenue | +1.6% | +17.1% | +14.5% | +64.9% |
| Net MarginNet income ÷ Revenue | +0.2% | +13.0% | +11.3% | +62.0% |
| FCF MarginFCF ÷ Revenue | +3.3% | -2.0% | -12.1% | +64.3% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | — | — | — |
| EPS Growth (YoY)Latest quarter vs prior year | +46.8% | +48.9% | +45.8% | +21.4% |
Valuation Metrics
SNEX leads this category, winning 4 of 7 comparable metrics.
Valuation Metrics
At 20.5x trailing earnings, SNEX trades at a 20% valuation discount to CME's 25.7x P/E. Adjusting for growth (PEG ratio), GS offers better value at 1.63x vs MS's 2.69x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | ||||
|---|---|---|---|---|
| Market CapShares × price | $9.5B | $302.6B | $287.6B | $104.1B |
| Enterprise ValueMkt cap + debt − cash | $26.4B | $587.3B | $722.5B | $103.4B |
| Trailing P/EPrice ÷ TTM EPS | 20.53x | 23.92x | 22.84x | 25.70x |
| Forward P/EPrice ÷ next-FY EPS est. | 20.99x | 16.01x | 15.64x | 23.49x |
| PEG RatioP/E ÷ EPS growth rate | 2.28x | 2.69x | 1.63x | 1.87x |
| EV / EBITDAEnterprise value multiple | 12.28x | 25.81x | 34.75x | 22.96x |
| Price / SalesMarket cap ÷ Revenue | 0.07x | 2.93x | 2.27x | 15.96x |
| Price / BookPrice ÷ Book value/share | 2.55x | 2.91x | 2.53x | 3.60x |
| Price / FCFMarket cap ÷ FCF | 2.20x | — | — | 24.82x |
Profitability & Efficiency
CME leads this category, winning 7 of 9 comparable metrics.
Profitability & Efficiency
SNEX delivers a 19.3% return on equity — every $100 of shareholder capital generates $19 in annual profit, vs $13 for GS. CME carries lower financial leverage with a 0.13x debt-to-equity ratio, signaling a more conservative balance sheet compared to SNEX's 7.79x. On the Piotroski fundamental quality scale (0–9), MS scores 5/9 vs GS's 4/9, reflecting solid financial health.
| Metric | ||||
|---|---|---|---|---|
| ROE (TTM)Return on equity | +19.3% | +14.6% | +12.6% | +15.3% |
| ROA (TTM)Return on assets | +1.0% | +1.2% | +0.9% | +2.2% |
| ROICReturn on invested capital | +9.1% | +2.9% | +1.9% | +10.2% |
| ROCEReturn on capital employed | +10.7% | +3.8% | +3.6% | +3.6% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 5 | 4 | 5 |
| Debt / EquityFinancial leverage | 7.79x | 3.42x | 5.06x | 0.13x |
| Net DebtTotal debt minus cash | $16.9B | $284.7B | $434.8B | -$666M |
| Cash & Equiv.Liquid assets | $1.6B | $75.7B | $182.1B | $4.4B |
| Total DebtShort + long-term debt | $18.5B | $360.5B | $616.9B | $3.8B |
| Interest CoverageEBIT ÷ Interest expense | 0.95x | 0.44x | 0.31x | 41.55x |
Total Returns (Dividends Reinvested)
SNEX leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in SNEX five years ago would be worth $64,791 today (with dividends reinvested), compared to $16,450 for CME. Over the past 12 months, SNEX leads with a +92.6% total return vs CME's +4.6%. The 3-year compound annual growth rate (CAGR) favors SNEX at 69.8% vs CME's 19.7% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | +86.2% | +5.7% | +1.8% | +9.1% |
| 1-Year ReturnPast 12 months | +92.6% | +63.0% | +70.6% | +4.6% |
| 3-Year ReturnCumulative with dividends | +389.3% | +138.4% | +195.2% | +71.4% |
| 5-Year ReturnCumulative with dividends | +547.9% | +136.2% | +164.4% | +64.5% |
| 10-Year ReturnCumulative with dividends | +1454.0% | +732.3% | +534.3% | +284.9% |
| CAGR (3Y)Annualised 3-year return | +69.8% | +33.6% | +43.5% | +19.7% |
Risk & Volatility
Evenly matched — MS and CME each lead in 1 of 2 comparable metrics.
Risk & Volatility
CME is the less volatile stock with a -0.30 beta — it tends to amplify market swings less than GS's 1.47 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. MS currently trades 97.6% from its 52-week high vs CME's 87.1% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.08x | 1.37x | 1.47x | -0.30x |
| 52-Week HighHighest price in past year | $124.19 | $194.83 | $984.70 | $329.16 |
| 52-Week LowLowest price in past year | $53.53 | $118.20 | $547.74 | $257.17 |
| % of 52W HighCurrent price vs 52-week peak | +97.3% | +97.6% | +94.0% | +87.1% |
| RSI (14)Momentum oscillator 0–100 | 68.4 | 66.0 | 59.5 | 44.1 |
| Avg Volume (50D)Average daily shares traded | 874K | 5.4M | 2.0M | 2.2M |
Analyst Outlook
Evenly matched — GS and CME each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: SNEX as "Buy", MS as "Buy", GS as "Hold", CME as "Hold". Consensus price targets imply 11.6% upside for CME (target: $320) vs 7.6% for GS (target: $996). For income investors, CME offers the higher dividend yield at 3.81% vs GS's 1.46%.
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Hold | Hold |
| Price TargetConsensus 12-month target | — | $205.75 | $995.89 | $320.25 |
| # AnalystsCovering analysts | 2 | 52 | 55 | 35 |
| Dividend YieldAnnual dividend ÷ price | +2.9% | +2.0% | +1.5% | +3.8% |
| Dividend StreakConsecutive years of raises | 3 | 11 | 12 | 6 |
| Dividend / ShareAnnual DPS | $3.55 | $3.81 | $13.48 | $10.92 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +1.4% | +3.5% | +0.3% |
CME leads in 2 of 6 categories (Income & Cash Flow, Profitability & Efficiency). SNEX leads in 2 (Valuation Metrics, Total Returns). 2 tied.
SNEX vs MS vs GS vs CME: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is SNEX or MS or GS or CME 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 6. 4% for CME Group Inc. (CME). StoneX Group Inc. (SNEX) offers the better valuation at 20. 5x trailing P/E (21. 0x forward), making it the more compelling value choice. Analysts rate StoneX Group Inc. (SNEX) a "Buy" — based on 2 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 — SNEX or MS or GS or CME?
On trailing P/E, StoneX Group Inc.
(SNEX) is the cheapest at 20. 5x versus CME Group Inc. at 25. 7x. On forward P/E, The Goldman Sachs Group, Inc. is actually cheaper at 15. 6x — notably different from the trailing picture, reflecting expected earnings growth. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: The Goldman Sachs Group, Inc. wins at 1. 12x versus StoneX Group Inc. 's 2. 33x — a reasonable growth-adjusted valuation.
03Which is the better long-term investment — SNEX or MS or GS or CME?
Over the past 5 years, StoneX Group Inc.
(SNEX) delivered a total return of +547. 9%, compared to +64. 5% for CME Group Inc. (CME). Over 10 years, the gap is even starker: SNEX returned +1454% versus CME's +284. 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 — SNEX or MS or GS or CME?
By beta (market sensitivity over 5 years), CME Group Inc.
(CME) is the lower-risk stock at -0. 30β versus The Goldman Sachs Group, Inc. 's 1. 47β — meaning GS is approximately -582% more volatile than CME relative to the S&P 500. On balance sheet safety, CME Group Inc. (CME) carries a lower debt/equity ratio of 13% versus 8% for StoneX Group Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — SNEX or MS or GS or CME?
By revenue growth (latest reported year), StoneX Group Inc.
(SNEX) is pulling ahead at 32. 5% versus 6. 4% for CME Group Inc. (CME). On earnings-per-share growth, the picture is similar: The Goldman Sachs Group, Inc. grew EPS 77. 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 — SNEX or MS or GS or CME?
CME Group Inc.
(CME) is the more profitable company, earning 62. 0% net margin versus 0. 2% for StoneX Group Inc. — meaning it keeps 62. 0% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CME leads at 64. 9% versus 1. 6% for SNEX. At the gross margin level — before operating expenses — CME leads at 86. 1%, 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 SNEX or MS or GS or CME 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, The Goldman Sachs Group, Inc. (GS) is the more undervalued stock at a PEG of 1. 12x versus StoneX Group Inc. 's 2. 33x. A PEG below 1. 5 suggests fair-to-attractive pricing relative to expected growth. On forward earnings alone, The Goldman Sachs Group, Inc. (GS) trades at 15. 6x forward P/E versus 23. 5x for CME Group Inc. — 7. 8x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for CME: 11. 6% to $320. 25.
08Which pays a better dividend — SNEX or MS or GS or CME?
All stocks in this comparison pay dividends.
CME Group Inc. (CME) offers the highest yield at 3. 8%, versus 1. 5% for The Goldman Sachs Group, Inc. (GS).
09Is SNEX or MS or GS or CME better for a retirement portfolio?
For long-horizon retirement investors, CME Group Inc.
(CME) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -0. 30), 3. 8% yield, +284. 9% 10Y return). Both have compounded well over 10 years (CME: +284. 9%, GS: +534. 3%), 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 SNEX and MS and GS and CME?
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: SNEX is a small-cap high-growth stock; MS is a large-cap high-growth stock; GS is a large-cap high-growth stock; CME is a mid-cap income-oriented stock. 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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- Sector: Financial Services
- Market Cap > $100B
- Revenue Growth > 16%
- Dividend Yield > 1.1%
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