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BGCBGC Group, Inc
$10.48$5.0B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
BGC logo

BGC Group, Inc

BGC
NASDAQ · Investment Banks & Brokerages
$10.48
At close - Nov 6, 4:00 PM EST - USD
Market Cap$4.98B
P/E20.6x
52W High$12.89
Volume4.87M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Record Revenue Growth Masks Provision Volatility Risk

BGC Group is experiencing accelerating revenue growth, with total revenue surging 67.2% year-over-year to $865.5M in 2026Q2, driven by fee-based income that constitutes 96.9% of total revenue. The company's efficiency ratio improved to 76.2% from 84.5% in the prior quarter, indicating better operating leverage.

GrowthAccelerating
ProfitabilityModerate
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

BGC price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

6/12 Beats

EPS beat 6 of last 12 quarters

02

Valuation risk

-7% Peers

P/E is 7% below peer median

03

Market leadership

RS 53 · Avg

Average momentum (RS Rating: 53)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Feb 5

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
BGC+17.90%
S&P 500 (^GSPC)+7.63%
1-Year Return
BGC+15.92%
S&P 500 (^GSPC)+9.69%
3-Year Return
BGC+74.84%
S&P 500 (^GSPC)+69.08%
5-Year Return
BGC+114.31%
S&P 500 (^GSPC)+57.11%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
20.6x
Forward P/EExpansion
7.4x
EV/EBITDA20th %ile
11.9x
FCF YieldCash Flow
5.4%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
20.6x
29.0x
20th· Low
EV/EBITDA
11.9x
19.2x
20th· Low
Price/FCF
18.6x
11.4x
100th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$4.13-60.6%
Base (Fair)$4.83-53.9%
Bull$5.57-46.9%
$4.13 Bear$4.83 Base$5.57 Bull
Current Market Price: $10.48
Trades at a 117.0% premium to Base DCF ($4.83)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$2.88B+36.3% YoY
Net income FY25
$155M+22.0% YoY
Free cash flow FY25
$268M+10.1% YoY
Operating margin FY25
11%+2.2 pts YoY
ROIC (FY25)8.6%
Avg ROIC 5Y5.2%
ROE (TTM)19.6%
Piotroski Score8 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate6/12 (50%)
Revenue Beat Rate6/12 (50%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Nov 5, 2026
$0.34+1.5%
vs $0.34
$833M+0.9%
vs $825M
Q3 2026
Jul 30, 2026
$0.35+4.5%
vs $0.34
$846M+4.0%
vs $813M
Q2 2026
May 7, 2026
$0.41+0.0%
vs $0.41
$955M+3.5%
vs $923M
Q1 2026
Feb 12, 2026
$0.31+6.9%
vs $0.29
$756M+0.7%
vs $751M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Zacks Investment Research·2d ago
BGC Group (BGC) Meets Q3 Earnings Estimates

BGC Group (BGC) came out with quarterly earnings of $0.34 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.29 per share a year ago.

Business Wire·2d ago
BGC Reports Third Quarter 2026 Financial Results

NEW YORK--(BUSINESS WIRE)--BGC Reports Third Quarter 2026 Financial Results.

Business Wire·4d ago
JP Aubin to Become Vice Chairman of BGC Group, Inc.

NEW YORK--(BUSINESS WIRE)--BGC Group, Inc. (Nasdaq: BGC) (“BGC” or the “Company”), a leading global marketplace, data, and financial technology services company, today announced that JP Aubin will become Vice Chairman of BGC and will step down as Co-Chief Executive Officer, effective at the close of business on December 31, 2026. John Abularrage and Sean Windeatt will continue to lead BGC as Co-Chief Executive Officers, overseeing all of the Company's regions and businesses. As Vice Chairman, M.

Zacks Investment Research·Oct 29, 2026
BGC Group (BGC) Reports Next Week: Wall Street Expects Earnings Growth

BGC Group (BGC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Filtered for BGC Group, IncMore Headlines
04

Compare before deciding

Benchmark BGC against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for BGC Group, Inc (BGC)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
BGC logoBGCBGC Group, IncCurrent
$10.48$4.98B20.6036.27%7.24%19.59%0.77%
MKTX logoMKTXMarketAxess Holdings Inc.
$165.59$5.83B20.003.85%33.87%23.82%1.89%
GFI logoGFIGold Fields Limited
$39.17$35.06B9.9468.77%——2.02%
PIPR logoPIPRPiper Sandler Companies
$65.92$4.66B15.4028.72%14.55%19.3%2.43%
LAZ logoLAZLazard Inc
$38.31$3.73B22.253.36%5.65%18.96%4.58%
HOOD logoHOODRobinhood Markets, Inc.
$80.91$72.74B37.1552.82%39.34%20.64%—

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

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

BGC SEC Filings & Documents

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

8-K Announcements

6
Material company update

Jul 30, 2026·SEC

Material company update

Jun 25, 2026·SEC

Material company update

May 15, 2026·SEC

10-K Annual Reports

2
FY 2026

Mar 2, 2026·SEC

FY 2025

Mar 3, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 10, 2026·SEC

FY 2026

May 11, 2026·SEC

FY 2025

Nov 10, 2025·SEC

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BGC Frequently Asked Questions

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

Growth & Financials
How fast is BGC Group, Inc growing?

BGC Group, Inc (BGC) grew revenue by 29.3% over the trailing twelve months, compared with the twelve months before.

Is BGC profitable?

Yes. BGC Group, Inc (BGC) earned $242.3M in net income over the trailing twelve months (a 7.2% net margin).

Dividend & Returns
Does BGC pay dividends?

Yes. BGC Group, Inc (BGC) pays a dividend that yields 0.77% at the current price, a small yield.

What is BGC's return on equity?

BGC Group, Inc (BGC) had a return on equity (ROE) of 19.6% over the trailing twelve months. That is above the market's typical 10-15%.

Industry Metrics
What is BGC Group, Inc's net interest margin?

BGC Group, Inc (BGC) has a net interest margin (NIM) of -1.6%. NIM has been under pressure due to interest rate environment.

What is BGC Group, Inc's efficiency ratio?

BGC Group, Inc (BGC) has an efficiency ratio of 82.5%. This is higher than peers, suggesting room for cost optimization.

What if you invested $1,000 in BGC back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →