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BGC logoBGC Group, Inc(BGC)Earnings, Financials & Key Ratios

BGC•NASDAQ•Banking & Credit
$10.89
$3.95B mkt cap·35.1× P/E·Price updated May 6, 2026
SectorFinancial ServicesIndustryCapital MarketsSub-IndustryBrokerage, Trading and Market Making
AboutBGC Group, Inc. operates as a financial brokerage and technology company in the United States and internationally. The company offers various brokerage products, such as fixed income, such as government bonds, corporate bonds, and other debt instruments, as well as related interest rate derivatives and credit derivatives; equities, energy and commodities, shipping, insurance, and futures and options. It also provides trade execution, connectivity solutions, brokerage services, clearing, trade compression and other post-trade services, information, and other back-office services to an assortment of financial and non-financial institutions. In addition, the company offers electronic and hybrid brokerage, other financial technology solutions, market data and related information services, and analytics related to financial instrument and markets. Its integrated platform is designed to provide flexibility to customers with regard to price discovery, execution and processing of transactions, and enables to use ots Voice, Hybrid, or in various markets, as well as fully electronic brokerage services in connection with transactions executed either OTC or through an exchange. It primarily serves banks, broker-dealers, investment banks, trading firms, hedge funds, governments, and corporations, as well as investment firms. BGC Group, Inc. was founded in 1945 and is headquartered in New York, New York.Show more
  • Net Interest Income$0+100.0%
  • Total Revenue$2.82B+27.6%
  • Net Income$155M+22.0%
  • Return on Equity13.93%+8.5%
  • Net Interest Margin0%+100.0%
  • Efficiency Ratio83.17%+131.0%
  • ROA3.87%+3.2%
  • Equity / Assets25.98%-13.5%
  • Book Value per Share2.38+5.7%
  • Tangible BV/Share0.14-77.0%
  • Debt/Equity1.55+13.3%
Technical→

BGC Key Insights

BGC Group, Inc (BGC) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Strong 5Y profit CAGR of 28.0%
  • ✓Well capitalized: 26.0% equity/assets
  • ✓Diversified revenue: 100.0% from non-interest income

✗Weaknesses

  • ✗High cost structure: 83.2% efficiency ratio

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

BGC Price & Volume

BGC Group, Inc (BGC) stock price & volume — 10-year historical chart

Loading chart...

BGC Growth Metrics

BGC Group, Inc (BGC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years0.12%
5 Years6.61%
3 Years16.65%
TTM-

Profit CAGR

10 Years-0.32%
5 Years28.02%
3 Years47.07%
TTM22.03%

EPS CAGR

10 Years-4.67%
5 Years30.34%
3 Years33.6%
TTM17.69%

Return on Capital

10 Years6.12%
5 Years7.09%
3 Years9.14%
Last Year13.53%

BGC Recent Earnings

BGC Group, Inc (BGC) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 6/12 qtrs (50%)●Beat Revenue 4/12 qtrs (33%)
Q1 2026Latest
Feb 12, 2026
EPS
$0.31
Est $0.29
+6.9%
Revenue
$756M
Est $751M
+0.7%
Q4 2025
Nov 6, 2025
EPS
$0.29
Est $0.28
+3.6%
Revenue
$723M
Est $747M
-3.2%
Q3 2025
Jul 31, 2025
EPS
$0.23
Est $0.31
-25.8%
Revenue
$784M
Est $737M
+6.4%
Q2 2025
May 7, 2025
EPS
$0.29
Est $0.29
+0.0%
Revenue
$653M
Est $653M
-0.0%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q1 2026LatestFeb 12, 2026
$0.31vs $0.29+6.9%
$756Mvs $751M+0.7%
Q4 2025Nov 6, 2025
$0.29vs $0.28+3.6%
$723Mvs $747M-3.2%
Q3 2025Jul 31, 2025
$0.23vs $0.31-25.8%
$784Mvs $737M+6.4%
Q2 2025May 7, 2025
$0.29vs $0.29+0.0%
$653Mvs $653M-0.0%
Based on last 12 quarters of dataView full earnings history →

BGC Peer Comparison

BGC Group, Inc (BGC) competitors in Brokerage, Trading and Market Making — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
MKTX logoMKTXMarketAxess Holdings Inc.Direct Competitor5.53B148.8420.458.58%15.79%0.05
GFI logoGFIGold Fields LimitedDirect Competitor41.35B46.2033.4815.57%23.24%40.64%0.55
PIPR logoPIPRPiper Sandler CompaniesDirect Competitor5.74B80.5720.3528.55%19.32%0.07
LAZ logoLAZLazard LtdDirect Competitor4.37B46.5621.463.25%26.7%2.61
HOOD logoHOODRobinhood Markets, Inc.Product Competitor71.21B79.0538.5651.58%21.38%1.68
IBKR logoIBKRInteractive Brokers Group, Inc.Product Competitor38.79B87.0439.219.83%5.18%0.00
VIRT logoVIRTVirtu Financial, Inc.Product Competitor4.28B50.199.7826.25%29.37%4.55
LPLA logoLPLALPL Financial Holdings Inc.Product Competitor26.05B324.8829.7537.18%18.57%1.36

Compare BGC vs Peers

BGC Group, Inc (BGC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs MKTX

Most directly comparable listed peer for BGC.

Scale Benchmark

vs CME

Larger-name benchmark to compare BGC against a more recognizable public peer.

Peer Set

Compare Top 5

vs MKTX, GFI, PIPR, LAZ

BGC Income Statement

BGC Group, Inc (BGC) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Net Interest Income-62.4M-28.09M-41.93M-64.28M-47.35M-36.92M-31.81M-34.85M0
NII Growth %-28.07%54.98%-49.26%-53.3%26.33%22.02%13.86%-9.57%100%
Net Interest Margin %-1.15%-0.82%-1.07%-1.63%-1.42%-1.2%-1%-0.97%0%
Interest Income14.56M14.4M18.32M12.33M21.98M21.01M45.42M56.22M0
Interest Expense76.96M42.49M60.25M76.61M69.33M57.93M77.23M91.08M125.32M
Loan Loss Provision932.47M1.04B1.15B1.14B1.29B879.17M1.01B1.14B-125.32M
Non-Interest Income1.72B1.91B2.07B2.03B1.97B1.75B1.93B2.15B2.82B
Non-Interest Income %99.16%99.25%99.12%99.4%98.9%98.82%97.71%97.45%100%
Total Revenue
1.74B▲ 0%
1.92B▲ 10.8%
2.09B▲ 8.5%
2.04B▼ 2.0%
1.99B▼ 2.5%
1.77B▼ 11.0%
1.98B▲ 11.6%
2.21B▲ 11.4%
2.82B▲ 27.6%
Revenue Growth %11.71%10.77%8.47%-2.01%-2.5%-10.99%11.59%11.45%27.62%
Non-Interest Expense621.34M622.71M651.67M610.33M667.92M634.65M754.55M794.42M2.34B
Efficiency Ratio35.78%32.38%31.24%29.85%33.51%35.77%38.11%36%83.17%
Operating Income
105.63M▲ 0%
213.85M▲ 102.5%
224.18M▲ 4.8%
218.54M▼ 2.5%
-34.61M▼ 115.8%
202.54M▲ 685.2%
138.66M▼ 31.5%
185.1M▲ 33.5%
474.06M▲ 156.1%
Operating Margin %6.08%11.12%10.75%10.69%-1.74%11.42%7%8.39%16.83%
Operating Income Growth %-15.97%102.45%4.83%-2.51%-115.84%685.2%-31.54%33.49%156.11%
Pretax Income
4.14M▲ 0%
171.92M▲ 4056.6%
116.63M▼ 32.2%
72.22M▼ 38.1%
176.5M▲ 144.4%
97.45M▼ 44.8%
57.71M▼ 40.8%
173.14M▲ 200.0%
213.75M▲ 23.5%
Pretax Margin %0.24%8.94%5.59%3.53%8.85%5.49%2.91%7.85%7.59%
Income Tax92.77M63.77M49.81M21.3M23.01M38.58M18.93M49.91M67.21M
Effective Tax Rate %2243.04%37.09%42.71%29.5%13.04%39.59%32.81%28.83%31.44%
Net Income
51.48M▲ 0%
202.2M▲ 292.8%
43.9M▼ 78.3%
45.06M▲ 2.6%
124.01M▲ 175.2%
48.71M▼ 60.7%
36.27M▼ 25.6%
126.99M▲ 250.2%
154.96M▲ 22.0%
Net Margin %2.96%10.51%2.1%2.2%6.22%2.75%1.83%5.75%5.5%
Net Income Growth %-72.18%292.8%-78.29%2.64%175.19%-60.72%-25.55%250.17%22.03%
Net Income (Continuing)-88.64M108.15M66.82M50.92M153.49M58.87M38.77M123.23M146.54M
EPS (Diluted)
0.11▲ 0%
0.56▲ 409.1%
0.16▼ 71.4%
0.08▼ 48.5%
0.32▲ 288.3%
0.13▼ 59.4%
0.07▼ 46.2%
0.25▲ 257.1%
0.31▲ 24.0%
EPS Growth %-69.44%409.09%-71.43%-48.5%288.35%-59.38%-46.15%257.14%24%
EPS (Basic)0.180.600.160.140.330.130.080.260.33
Diluted Shares Outstanding454.26M323.84M524.55M546.85M540.02M499.41M489.99M479.14M480.95M

BGC Balance Sheet

BGC Group, Inc (BGC) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash & Short Term Investments546.31M394.94M472.9M654.86M553.6M484.99M655.64M711.58M851.5M
Cash & Due from Banks513.31M336.54M415.38M596.29M553.6M484.99M655.64M711.58M851.5M
Short Term Investments33.01M58.41M57.52M58.57M00000
Total Investments2.64B400.48M513.23M587.76M156.38M161.53M169.67M361.3M0
Investments Growth %67.75%-84.84%28.15%14.52%-73.39%3.29%5.04%112.95%-100%
Long-Term Investments2.61B342.07M455.7M529.19M156.38M161.53M169.67M361.3M0
Accounts Receivables1.6M1.78M1.93M3M5.51M0000
Goodwill & Intangibles754.15M803.42M856.97M843.37M694.67M679.37M717.63M781.2M1.08B
Goodwill468.05M504.65M553.75M556.21M486.92M486.58M506.34M540.29M648.62M
Intangible Assets286.1M298.78M303.22M287.16M207.75M192.78M211.28M240.91M427.95M
PP&E (Net)124.53M157.17M373.91M381.99M326.36M313.26M302.46M304.47M182.08M
Other Assets23.28M-97.73M-54.75M-122.64M50.69M97.2M1.11B18.02M0
Total Current Assets1.86B2.14B2.2B2.2B2B1.75B655.64M1.85B1.32B
Total Non-Current Assets3.57B1.29B1.73B1.76B1.36B1.4B2.52B1.74B1.26B
Total Assets
5.43B▲ 0%
3.43B▼ 36.8%
3.93B▲ 14.4%
3.95B▲ 0.7%
3.34B▼ 15.5%
3.07B▼ 8.0%
3.18B▲ 3.3%
3.59B▲ 13.1%
4.41B▲ 22.7%
Asset Growth %7.57%-36.78%14.4%0.67%-15.46%-7.99%3.28%13.1%22.73%
Return on Assets (ROA)0.98%4.56%1.19%1.14%3.4%1.52%1.16%3.75%3.87%
Accounts Payable32.19M11.96M11.95M11.84M01.63M76K00
Total Debt725.79M785.82M1.35B1.51B1.23B1.21B1.34B1.48B1.78B
Net Debt212.49M449.29M933.57M913.7M672.02M728.29M682.23M765.03M924.2M
Long-Term Debt719.75M779.67M1.09B1.32B1.05B1.05B944.33M1.14B1.78B
Short-Term Debt6.05M6.15M73.91M3.85M3.58M1.92M239.18M195.83M20M
Other Liabilities3.1B1.29B932.32M704.91M246.03M209.09M224.86M245.54M1.49B
Total Current Liabilities463.96M484.41M976.51M906.58M1.19B900.05M929.06M973.7M20M
Total Non-Current Liabilities3.83B2.09B2.23B2.24B1.49B1.44B1.35B1.54B3.26B
Total Liabilities4.29B2.57B3.2B3.14B2.68B2.34B2.28B2.51B3.26B
Total Equity
1.14B▲ 0%
863.17M▼ 24.3%
724.97M▼ 16.0%
811.3M▲ 11.9%
663.32M▼ 18.2%
733.21M▲ 10.5%
898.16M▲ 22.5%
1.08B▲ 20.2%
1.15B▲ 6.1%
Equity Growth %-30.23%-24.27%-16.01%11.91%-18.24%10.54%22.5%20.16%6.13%
Equity / Assets (Capital Ratio)20.99%25.15%18.46%20.52%19.85%23.84%28.28%30.05%25.98%
Return on Equity (ROE)3.71%20.19%5.53%5.87%16.82%6.98%4.45%12.84%13.93%
Book Value per Share2.512.671.381.481.231.471.832.252.38
Tangible BV per Share0.850.18-0.25-0.06-0.060.110.370.620.14
Common Stock43.88M3.88M4.04M4.19M4.82M5.18M5.13M5.34M5.56M
Additional Paid-in Capital1.76B2.21B2.27B2.38B2.45B2.56B2.11B2.31B2.53B
Retained Earnings-859.01M-1.11B-1.25B-1.28B-1.17B-1.14B-1.12B-1.03B-910.39M
Accumulated OCI-10.49M-24.46M-33.1M-28.93M-40.55M-45.43M-38.58M-59.85M-40.64M
Treasury Stock-303.87M-314.24M-315.31M-315.31M-623.73M-711.45M-67.41M-331.73M-614.53M
Preferred Stock000000000

BGC Cash Flow Statement

BGC Group, Inc (BGC) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash from Operations1.29B-815.58M241.1M302.61M417.19M224.36M405.2M315.35M0
Operating CF Growth %291.51%-163.29%129.56%25.51%37.86%-46.22%80.6%-22.17%-100%
Net Income-88.64M108.15M66.82M45.06M153.49M58.87M36.27M126.99M154.96M
Depreciation & Amortization65.44M71.5M79.47M84.11M81.87M75.05M80.42M81.43M0
Deferred Taxes19.86M-23.74M-4.2M-16.55M-11.95M-14.63M-60.56M-69.75M0
Other Non-Cash Items911.36M-784.92M31.16M97.47M-87.97M50.49M41.9M-17.55M-484.55M
Working Capital Changes147.35M-391.64M-97.75M-91.03M25.58M-196.49M-48.2M-174.91M0
Cash from Investing-153.59M27.58M-42.59M-77.94M121.13M-53.33M-90.71M-96.99M0
Purchase of Investments0-925K-1.72M-1.46M-18.74M00-13.15M0
Sale/Maturity of Investments1000K1000K1000K1000K00000
Net Investment Activity1000K75K-715K-458K-18.74M00-13.15M0
Acquisitions-92.88M-50.56M30.28M-5M543.83M0-30.33M00
Other Investing-73.92M-31.47M-272K-887K-393.84M6.04M-45.45M-54.22M0
Cash from Financing-935.08M418.82M18.25M-13.1M-819.54M-233.21M-146.88M-149.02M0
Dividends Paid-200.12M-231.45M-192.44M-60.44M-15.1M-14.86M-17.38M-34.16M0
Share Repurchases-62.37M-62.38M-44.51M-47.62M-475.96M-180.11M-232.45M-401.11M0
Stock Issued26.61M327.62M0000000
Net Stock Activity-35.76M265.24M-44.51M-47.62M-475.96M-180.11M-232.45M-401.11M0
Debt Issuance (Net)1000K1000K1000K1000K-1000K-1000K1000K1000K0
Other Financing-1.7B195.43M-122.28M-57.75M-60.65M-31.77M-26.2M136.19M0
Net Change in Cash
203.35M▲ 0%
-380.01M▼ 286.9%
219.39M▲ 157.7%
212.57M▼ 3.1%
-286.61M▼ 234.8%
-64.79M▲ 77.4%
170.89M▲ 363.8%
60.38M▼ 64.7%
-733.27M▼ 1314.5%
Exchange Rate Effect1000K-1000K1000K993K-1000K-1000K1000K-1000K0
Cash at Beginning593.43M796.79M416.78M640.84M853.41M566.8M502.01M672.9M733.27M
Cash at End796.79M416.78M636.11M853.41M566.8M502.01M672.9M733.27M0
Interest Paid75.31M41.95M51.78M69.57M66.45M53.66M80.66M88.39M0
Income Taxes Paid78.3M66.54M48M41.91M43.36M35.78M70.72M103.52M0
Free Cash Flow
1.23B▲ 0%
-889.92M▼ 172.3%
143.6M▲ 116.1%
217.44M▲ 51.4%
363.89M▲ 67.4%
165.6M▼ 54.5%
345.31M▲ 108.5%
243.29M▼ 29.5%
0▼ 100.0%
FCF Growth %273.42%-172.31%116.14%51.42%67.35%-54.49%108.52%-29.54%-100%

BGC Banking Ratios

BGC Group, Inc (BGC) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)12.91%3.71%20.19%5.53%5.87%16.82%6.98%4.45%12.84%13.93%
Return on Assets (ROA)4.1%0.98%4.56%1.19%1.14%3.4%1.52%1.16%3.75%3.87%
Net Interest Margin-0.97%-1.15%-0.82%-1.07%-1.63%-1.42%-1.2%-1%-0.97%0%
Efficiency Ratio32.85%35.78%32.38%31.24%29.85%33.51%35.77%38.11%36%83.17%
Equity / Assets32.36%20.99%25.15%18.46%20.52%19.85%23.84%28.28%30.05%25.98%
Book Value / Share3.772.512.671.381.481.231.471.832.252.38
NII Growth10.25%-28.07%54.98%-49.26%-53.3%26.33%22.02%13.86%-9.57%100%
Dividend Payout129.84%388.76%114.47%438.35%134.13%12.18%30.5%47.93%26.9%-

BGC SEC Filings & Documents

BGC Group, Inc (BGC) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Mar 26, 2026·SEC

Material company update

Feb 12, 2026·SEC

Material company update

Dec 29, 2025·SEC

10-K Annual Reports

3
FY 2026

Mar 2, 2026·SEC

FY 2025

Mar 3, 2025·SEC

FY 2024

Feb 29, 2024·SEC

10-Q Quarterly Reports

6
FY 2025

Nov 10, 2025·SEC

FY 2025

Aug 11, 2025·SEC

FY 2025

May 12, 2025·SEC

BGC Frequently Asked Questions

BGC Group, Inc (BGC) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

BGC Group, Inc (BGC) grew revenue by 27.6% over the past year. This is strong growth.

Yes, BGC Group, Inc (BGC) is profitable, generating $155.0M in net income for fiscal year 2025 (5.5% net margin).

Dividend & Returns

BGC Group, Inc (BGC) has a return on equity (ROE) of 13.9%. This is reasonable for most industries.

Industry Metrics

BGC Group, Inc (BGC) has a net interest margin (NIM) of N/A. NIM has been under pressure due to interest rate environment.

BGC Group, Inc (BGC) has an efficiency ratio of 83.2%. This is higher than peers, suggesting room for cost optimization.

Explore More BGC

BGC Group, Inc (BGC) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

→

Price History

Long-term charts & historical price data

→

Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

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