Last 48 quarters of trend data · Financial Services · Financial - Capital Markets
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
BGC Group, Inc's quarterly P/E stands at 13.6x, down 34.8% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 8.4% YoY to 9.6x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 38.87 | 13.58 | 74.42 | 42.23 | 23.25 | 20.84 | 45.30 | 76.50 | 25.94 | 19.42 | 45.13 | 44.00 | — |
| — | -34.8% | +64.3% | -44.8% | -10.4% | +7.3% | +0.4% | +73.9% | — | -25.7% | -73.2% | -43.9% | — | |
| P/S Ratio | 1.90 | 1.22 | 1.29 | 1.59 | 1.61 | 1.71 | 1.94 | 2.02 | 1.87 | 1.63 | 1.72 | 1.33 | 0.90 |
| — | -28.7% | -33.5% | -21.4% | -13.8% | +4.5% | +12.7% | +51.3% | +106.7% | +31.4% | +59.6% | +41.0% | -9.6% | |
| P/B Ratio | 5.06 | 3.65 | 3.71 | 4.02 | 4.47 | 3.90 | 4.02 | 4.21 | 3.83 | 4.02 | 3.83 | 2.95 | 2.12 |
| — | -6.2% | -7.9% | -4.7% | +16.7% | -3.0% | +5.0% | +43.0% | +80.8% | +22.7% | +51.2% | +34.3% | -9.4% | |
| P/FCF | 21.37 | — | 7.52 | 9.28 | 21.81 | — | 4.63 | 16.21 | — | 72.11 | 5.49 | 2.09 | — |
| — | — | +62.6% | -42.7% | — | — | -15.7% | +675.1% | — | +9.5% | -11.1% | -66.6% | — | |
| EV / EBITDA | 15.85 | 9.60 | 18.30 | 11.68 | 10.69 | 10.49 | 37.81 | 19.36 | 13.74 | 14.34 | 15.72 | 10.87 | 103.63 |
| — | -8.4% | -51.6% | -39.7% | -22.2% | -26.9% | +140.6% | +78.1% | -86.7% | +32.2% | +30.1% | +20.7% | +1251.7% | |
| EV / EBIT | 21.01 | 10.82 | 22.25 | 20.97 | 13.86 | 12.36 | 24.82 | 29.40 | 15.86 | 11.97 | 19.56 | 17.61 | — |
| — | -12.5% | -10.3% | -28.7% | -12.6% | +3.3% | +26.9% | +67.0% | — | -27.9% | -50.0% | +10.4% | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
BGC Group, Inc's operating margin was 14.8% in Q1 2026, up 9.6 pp QoQ and down 0.8 pp YoY. The trailing four-quarter average of 12.0% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 109.4% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 89.5% | 91.5% | 89.7% | 40.9% | 42.3% | 43.7% | 43.4% | 45.4% | 44.3% | 44.5% | 45.3% | 46.1% | 44.2% |
| — | +109.4% | +106.9% | -9.8% | -4.4% | -1.9% | -4.3% | -1.4% | +0.1% | -0.7% | -14.4% | -0.2% | -3.0% | |
| Operating Margin | 10.5% | 14.8% | 5.2% | 12.9% | 15.0% | 15.6% | 2.3% | 8.9% | 12.8% | 9.8% | 9.1% | 10.7% | -2.7% |
| — | -5.1% | +122.6% | +45.9% | +17.3% | +59.5% | -74.2% | -17.0% | +575.8% | -7.9% | +15.2% | +8.0% | -120.8% | |
| Net Margin | 5.2% | 8.8% | 1.7% | 3.9% | 7.5% | 8.5% | 4.5% | 2.7% | 7.1% | 8.7% | 4.0% | 3.6% | -4.1% |
| — | +4.2% | -61.2% | +42.3% | +5.6% | -2.3% | +12.9% | -24.9% | +272.6% | +140.5% | +675.6% | +158.2% | -218.8% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 13.9% | 7.0% | 1.3% | 2.5% | 5.1% | 5.0% | 2.4% | 1.4% | 3.8% | 5.4% | 2.3% | 2.0% | -2.4% |
| — | +40.2% | -47.1% | +75.2% | +32.9% | -8.0% | +4.4% | -30.5% | +258.2% | +118.2% | +641.4% | +154.7% | -220.8% | |
| ROA | 3.9% | 1.6% | 0.3% | 0.5% | 1.2% | 1.3% | 0.6% | 0.3% | 0.9% | 1.3% | 0.6% | 0.4% | -0.5% |
| — | +25.9% | -55.6% | +52.4% | +34.4% | -0.1% | +11.5% | -20.5% | +290.4% | +159.6% | +891.4% | +256.1% | -253.2% | |
| ROIC | 8.6% | 3.5% | 1.1% | 2.3% | 3.0% | 2.8% | 0.4% | 1.5% | 2.2% | 1.9% | 1.6% | 1.8% | -0.5% |
| — | +24.9% | +178.7% | +60.5% | +33.7% | +48.8% | -75.5% | -18.3% | +572.5% | -12.2% | +16.0% | +3.3% | -120.3% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
BGC Group, Inc's Debt/EBITDA ratio is 10.7x, down from 25.4x last quarter — elevated, raising questions about debt serviceability. Debt/Equity has declined for 4 consecutive quarters, reflecting a deleveraging trend.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.57 | 1.40 | 1.57 | 1.61 | 1.73 | 1.48 | 1.37 | 1.38 | 1.39 | 1.32 | 1.49 | 1.38 | 1.70 |
| — | -5.4% | +14.6% | +16.3% | +24.5% | +12.0% | -8.1% | +0.0% | -18.4% | -6.0% | -10.0% | -6.6% | +17.8% | |
| Debt / EBITDA | 4.28 | 10.66 | 25.44 | 15.20 | 13.56 | 13.69 | 43.74 | 21.18 | 16.34 | 16.03 | 20.40 | 16.36 | 221.98 |
| — | -22.1% | -41.8% | -28.2% | -17.0% | -14.6% | +114.4% | +29.5% | -92.6% | +6.8% | -10.6% | -7.7% | +1454.9% | |
| Current Ratio | 89.14 | — | 89.14 | 1.46 | 1.71 | 1.28 | 1.90 | 1.57 | 1.64 | 1.22 | 1.88 | 1.29 | 1.57 |
| — | — | +4582.3% | -6.6% | +4.4% | +4.6% | +1.2% | +21.5% | +4.1% | -2.3% | -3.0% | +6.0% | +29.4% | |
| Quick Ratio | 89.14 | — | 89.14 | 1.46 | 1.71 | 1.28 | 1.90 | 1.57 | 1.64 | 1.22 | 1.88 | 1.29 | 1.57 |
| — | — | +4582.3% | -6.6% | +4.4% | +4.6% | +1.2% | +21.5% | +4.1% | -2.3% | -3.0% | +6.0% | +29.4% | |
| Interest Coverage | 2.71 | 4.56 | 1.76 | 1.99 | 3.23 | 4.24 | 2.12 | 1.78 | 3.56 | 4.53 | 2.53 | 2.15 | -0.57 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Quick answers to the most common questions about buying BGC stock.
BGC Group, Inc's current P/E is 38.9x. The average P/E over the last 4 quarters is 38.4x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
BGC Group, Inc's current operating margin is 10.5%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking BGC Group, Inc's business trajectory between earnings reports.