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SNEXStoneX Group Inc.
$67.78$8.1B
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
SNEX logo

StoneX Group Inc.

SNEX
NASDAQ · Capital Markets
$67.78
At close - Sep 23, 4:00 PM EDT - USD
Market Cap$8.06B
P/E17.2x
52W High$94.66
Volume1M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q3

Fee-Driven Growth Masks Negative NII and Provision Risk

StoneX's revenue model is overwhelmingly fee-based, with non-interest income comprising 100% of revenue in 2026Q3, driving total revenue to $40.2B and net income of $127.9M. However, the company's net interest income has been persistently negative, averaging -...

GrowthAccelerating
ProfitabilityModerate
ValuationExpensive
TechnicalsMixed
Explore valuation models
MARKET ACTION

SNEX 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

7/12 Beats

EPS beat 7 of last 12 quarters

02

Valuation risk

-29% Peers

P/E is 29% below peer median

03

Market leadership

RS 77 · Avg

Average momentum (RS Rating: 77)

04

Mixed Trend

Mixed

Price < 50DMA but > 200DMA

Next CatalystEstimated earnings · Nov 5

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
SNEX+56.61%
S&P 500 (^GSPC)+12.39%
1-Year Return
SNEX+58.55%
S&P 500 (^GSPC)+15.77%
3-Year Return
SNEX+256.17%
S&P 500 (^GSPC)+71.36%
5-Year Return
SNEX+422.59%
S&P 500 (^GSPC)+64.13%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
17.2x
Forward P/EExpansion
15.5x
EV/EBITDA100th %ile
11.6x
FCF YieldCash Flow
53.7%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
17.2x
5.8x
100th· High
EV/EBITDA
11.6x
5.7x
100th· High
Price/FCF
1.9x
0.8x
67th· Fair
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$32.93-51.4%
Base (Fair)$38.58-42.4%
Bull$44.32-34.6%
$32.93 Bear$38.58 Base$44.32 Bull
Current Market Price: $67.78
Trades at a 75.7% premium to Base DCF ($38.58)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$130.9B+32.6% YoY
Net income
$306M+17.3% YoY
Free cash flow
$4.32B+878.7% YoY
Operating margin
1.6%-0.2 pts YoY
ROIC (TTM)9.1%
Avg ROIC 5Y-
ROE (TTM)15%
Piotroski Score4 / 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 Rate7/12 (58%)
Revenue Beat Rate12/12 (100%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 5, 2026
$1.00+16.7%
vs $0.86
$1.5B+11.1%
vs $1.3B
Q2 2026
May 6, 2026
$1.38+29.0%
vs $1.07
$1.6B+14.6%
vs $1.4B
Q1 2026
Feb 4, 2026
$1.11+20.7%
vs $0.92
$1.4B+15.6%
vs $1.2B
Q4 2025
Nov 24, 2025
$0.70-27.6%
vs $0.97
$1.2B+16.1%
vs $1.0B
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Defense World·Sep 14, 2026
VIRGINIA RETIREMENT SYSTEMS ET Al Takes Position in StoneX Group Inc. $SNEX

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of StoneX Group Inc. (NASDAQ: SNEX) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 7,797 shares of the company's stock, valued at approximately $924,000. A number of other large

Kitco·Sep 10, 2026
Central bank gold moves are about repatriation, not liquidation – StoneX's O'Connell

While the recent headline may give the impression that central banks are selling off some of their gold reserves, the gold has merely changed location in response to the rising perceived risk of sanctions and seizure, according to Rhona O'Connell, Head of Market Analysis for EMEA & Asia at StoneX.“News headlines last week captured the public's imagination with the reports of the Netherlands' central bank repatriating gold from North America into Europe,” wrote Rhona O'Connell, Head of Market Analysis for EMEA & Asia on Wednesday.

GlobeNewsWire·Sep 10, 2026
StoneX and DeltaTerra Develop New Synthetic Structure for Agency Credit Risk Transfer

StoneX and DeltaTerra announced a synthetic credit risk transfer transaction referencing Agency CRT securities from Fannie Mae's CAS and Freddie Mac's STAC

GlobeNewsWire·Sep 9, 2026
Launch of StoneX Trading marks a new era for City Index

LONDON, Sept. 09, 2026 (GLOBE NEWSWIRE) -- StoneX Group Inc. (NASDAQ: SNEX) today announced that City Index, one of UK's most established trading brands, is relaunching as StoneX Trading.

Filtered for StoneX Group Inc.More Headlines
04

Compare before deciding

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

Peers Comparison

Key metrics vs top competitors for StoneX Group Inc. (SNEX)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
SNEX logoSNEXStoneX Group Inc.Current
$67.78$8.06B17.2532.62%0.23%14.97%—
IBKR logoIBKRInteractive Brokers Group, Inc.
$91.56$40.79B41.2417.33%10.14%5.4%—
VIRT logoVIRTVirtu Financial, Inc.
$53.01$4.61B10.3355.24%16.78%33.42%—
GCMG logoGCMGGCM Grosvenor Inc.
$12.93$2.42B30.799.17%7.88%47.35%—
LPLA logoLPLALPL Financial Holdings Inc.
$302.47$24.19B27.7036.95%5.13%18.45%—
PIPR logoPIPRPiper Sandler Companies
$72.42$5.16B18.2928.72%14.65%19.92%—

Compare SNEX vs Peers

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

Closest Rival

vs IBKR

Most directly comparable listed peer for SNEX.

Scale Benchmark

vs MS

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

Peer Set

Compare Top 5

vs IBKR, VIRT, GCMG, LPLA

05

Keep researching

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

SNEX SEC Filings & Documents

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

8-K Announcements

6
Material company update

Aug 5, 2026·SEC

Material company update

May 26, 2026·SEC

Material company update

May 6, 2026·SEC

10-K Annual Reports

2
FY 2025

Nov 28, 2025·SEC

FY 2024

Nov 29, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 5, 2026·SEC

FY 2026

May 6, 2026·SEC

FY 2026

Feb 4, 2026·SEC

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SNEX Frequently Asked Questions

StoneX Group Inc. (SNEX) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is StoneX Group Inc. growing?

StoneX Group Inc. (SNEX) grew revenue by 32.6% over the past year. This is strong growth.

Is SNEX profitable?

Yes, StoneX Group Inc. (SNEX) is profitable, generating $526.9M in net income for fiscal year 2025 (0.2% net margin).

Dividend & Returns
What is SNEX's return on equity?

StoneX Group Inc. (SNEX) has a return on equity (ROE) of 15.0%. This is reasonable for most industries.

Industry Metrics
What is StoneX Group Inc.'s net interest margin?

StoneX Group Inc. (SNEX) has a net interest margin (NIM) of -3.3%. NIM has been under pressure due to interest rate environment.

What is StoneX Group Inc.'s efficiency ratio?

StoneX Group Inc. (SNEX) has an efficiency ratio of 0.4%. This is excellent, indicating strong cost control.

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

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

See returns →