Interactive Brokers Group, Inc.

IBKR Financial Capital Markets

Interactive Brokers Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $6.2 billion, up 19.7% from fiscal 2024. In the quarter to June 2026, revenue grew 28.1%, EPS grew 37.3% and free cash flow fell 13.0%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for ten, operating cash flow growth for three; insiders bought in the last twelve months.

82.69 3.34 −3.88%
Market cap
$39.0B
P/E
32.7×
Fwd P/E
34.0×
Dividend yield
0.41%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Total buys 0.02
Total sells 32.73
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — 1 — 1 1 1 1 1 1 1
Sell — — 2 — — 1 — — — — — —
Insider Ownership 2.08%

Capital & Financial Ratios $m

Market Cap 38,980.00
Revenue 6,863.00
Net Income 4,896.00
Free Cash Flow 15,834.00
Net Debt (127,542.00)
Current Ratio 1.09
Debt/Equity 0.00
P/E ratio 32.68
Fwd P/E 34.00
P/S ratio 5.40
P/B ratio 1.66
Past 5Y EPS Growth 29.69% (at or above 15%: strong)
This Y EPS Growth 23.29% (at or above 15%: strong)
Next Y EPS Growth 22.39% (at or above 15%: strong)
Next Y revenue growth 19.44% (at or above 10%: strong)
Next 5Y EPS Growth 20.77% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 78.03%
10-year low 10-year high
P/S against its own 10 years 95.17%
10-year low 10-year high
P/B against its own 10 years 95.43%
10-year low 10-year high

Dividends

Payout Ratio 0.13
Annual Dividend Rate 0.34
Annual Dividend Yield 0.41%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 0.34
0.08
0.09
0.09
2025 0.30
0.06
0.08
0.08
0.08
2024 0.21
0.03
0.06
0.06
0.06
2023 0.10
0.03
0.03
0.03
0.03
2022 0.10
0.03
0.03
0.03
0.03
2021 0.10
0.03
0.03
0.03
0.03
2020 0.10
0.03
0.03
0.03
0.03
2019 0.10
0.03
0.03
0.03
0.03
2018 0.10
0.03
0.03
0.03
0.03
2017 0.10
0.03
0.03
0.03
0.03
2016 0.10
0.03
0.03
0.03
0.03
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 79,318 80,023 100,522 127,542
Receivables 46,490 67,074 96,166 114,651
Inventory 1,488 1,924 4,982 3,317
Other — — — —
127,296 149,021 201,670 245,510
2023 2024 2025 Q'26
Payables 102,627 116,990 157,258 179,127
ST’ Debt — — — —
Other 11,540 16,541 25,491 45,919
114,184 133,545 182,768 225,059

Compound Annual Growth %

10y 5y 3y
Sales 17.97% 22.84% 26.48%
Cash Flow 36.10% 14.40% 58.54%
Earnings 34.98% 38.23% 37.32%
Book Value 14.37% 17.86% 20.79%

Revenue $m

Mar Jun Sep Dec Year
’26 1,669 1,896 — — —
’25 1,427 1,480 1,655 1,643 6,205
’24 1,203 1,230 1,365 1,387 5,185
’23 1,056 1,000 1,145 1,139 4,340
’22 645 656 790 976 3,067
’21 893 754 464 603 2,714
’20 532 539 548 599 2,218
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 3,611 6,216 — — —
’25 2,584 7,139 4,479 1,609 15,811
’24 1,683 1,621 3,582 1,838 8,724
’23 (923) 2,119 979 2,369 4,544
’22 2,125 (541) 2,414 (30) 3,968
’21 3,734 1,324 1,213 (1,213) 5,896
’20 5,203 (1,557) (174) 4,596 8,068
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 3,585 6,198 — — —
’25 2,568 7,125 4,464 1,587 15,744
’24 1,671 1,610 3,571 1,823 8,675
’23 (940) 2,104 971 2,360 4,495
’22 2,106 (554) 2,396 (49) 3,899
’21 3,713 1,307 1,200 (1,200) 5,819
’20 5,191 (1,567) (183) 4,577 8,018
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.59 0.69 — — —
’25 0.49 0.51 0.59 0.63 2.22
’24 0.40 0.41 0.45 0.50 1.73
’23 0.36 0.30 0.39 0.37 1.42
’22 0.19 0.18 0.24 0.33 0.94
’21 0.29 0.25 0.11 0.17 0.81
’20 0.15 0.10 0.15 0.20 0.61
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.7
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 7.38 8.25 11.60 11.13 8.43 14.71 13.05 17.71 20.57 32.82

Analyst estimates 2026–2028

Powerpack
High 10.79 15.58 20.08 14.83 15.74 20.71 20.37 23.90 48.36 73.35
People
People Employees 1,204 1,228 1,413 1,643 2,033 2,571 2,820 2,932 2,998 3,182
Revenue/emp, $m 1.16 1.39 1.35 1.18 1.09 1.06 1.09 1.48 1.73 1.95
Income, $m
Income, $m Revenue 1,396 1,702 1,903 1,937 2,218 2,714 3,067 4,340 5,185 6,205
Gross margin, % 82.52 85.84 85.86 87.04 86.79 91.30 89.44 91.11 91.38 93.23
EBT 761 1,049 1,196 1,157 1,256 1,787 1,998 3,069 3,695 4,771
EBT margin, % 54.51 61.63 62.85 59.73 56.63 65.84 65.15 70.71 71.26 76.89
Net income 699 793 1,125 1,089 1,179 1,636 1,842 2,812 3,407 4,357
Depreciation 25 25 26 52 62 74 84 94 96 93
Per share, $
Per share, $ Revenue 5.29 6.08 6.48 6.36 6.94 7.21 7.63 10.34 11.99 14.07
Earnings 0.32 0.27 0.58 0.53 0.61 0.82 0.95 1.43 1.75 2.23
Cash flow 2.40 3.81 8.02 8.76 25.23 15.65 9.87 10.82 20.17 35.86
Capex (0.10) (0.10) (0.12) (0.24) (0.16) (0.20) (0.17) (0.12) (0.11) (0.15)
Free cash flow 2.30 3.71 7.90 8.51 25.08 15.45 9.70 10.71 20.06 35.71
Book value 22.04 23.00 24.36 26.08 28.16 27.14 28.90 33.50 38.38 46.43
Shares, m 264 280 294 304 320 377 402 420 432 441
Valuation, ×
Valuation, × P/E 28.52 54.15 23.55 22.00 25.17 24.00 18.94 14.81 24.78 28.87
P/S 1.75 2.45 2.11 1.83 2.20 2.76 2.34 2.05 3.68 4.57
P/B 0.42 0.65 0.56 0.45 0.54 0.73 0.62 0.63 1.15 1.39
EV/Sales (19.51) (13.39) (13.80) (17.34) (22.04) (15.19) (20.86) (16.23) (11.75) (11.63)
EV/FCF (44.79) (21.98) (11.32) (12.96) (6.10) (8.21) (16.41) (15.67) (7.02) (4.58)
Cash, $m
Cash, $m Operating cash flow 635 1,065 2,356 2,666 8,068 5,896 3,968 4,544 8,724 15,811
Capex (27) (28) (36) (74) (50) (77) (69) (49) (49) (67)
Free cash flow 608 1,037 2,320 2,592 8,018 5,819 3,899 4,495 8,675 15,744
Balance, $m
Balance, $m Working capital 5,372 6,141 6,860 7,460 8,409 9,311 10,689 13,112 15,476 18,902
Total debt 4,367 5,775 17 2,049 238 150 158 — — —
Net debt (29,682) (26,956) (30,268) (37,133) (53,764) (48,696) (71,162) (79,318) (80,023) (100,522)
Shareholders’ equity 5,820 6,433 7,156 7,940 9,003 10,222 11,615 14,067 16,597 20,472
Returns, %
Returns, % ROA 0.16 0.13 0.28 0.24 0.23 0.30 0.34 0.49 0.54 0.56
ROIC 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
ROE 1.50 1.24 2.49 2.13 2.30 3.20 3.48 4.67 4.92 5.31
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Interactive Brokers Group, Inc. vs peers in Capital Markets (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
HOOD Robinhood Markets, Inc. $93.5B 42.8× 44.5× +32.25% (above 0%: growing) +40.91% (above 0%: growing) −80.06% (below 0%: shrinking) 95.26% 43.88% Compare
IBKR Interactive Brokers Group, Inc. $39.0B 32.7× 34.0× +28.11% (above 0%: growing) +37.25% (above 0%: growing) −13.01% (below 0%: shrinking) 92.51% 77.32%
NMR Nomura Holdings Inc ADR $27.1B 9.4× 10.7× +10.87% (above 0%: growing) +106.67% (above 0%: growing) +688.81% (above 0%: growing) 94.58% 70.80% Compare
TW Tradeweb Markets Inc. $26.2B 27.0× 29.3× +8.96% (above 0%: growing) +18.06% (above 0%: growing) −5.23% (below 0%: shrinking) 100.00% 43.88% Compare
LPLA LPL Financial Holdings Inc. $25.8B 25.5× 15.2× +35.24% (above 0%: growing) +38.89% (above 0%: growing) +259.62% (above 0%: growing) 31.38% 11.90% Compare
CRCL Circle Internet Group, Inc. $22.2B 43.0× 97.9× +6.57% (above 0%: growing) n/m +113.54% (above 0%: growing) 41.19% 4.90% Compare
XP XP Inc. $15.5B 15.1× 7.5× +22.04% (above 0%: growing) +23.26% (above 0%: growing) −127.08% (below 0%: shrinking) 100.00% 34.50% Compare
BMNR BitMine Immersion Technologies, Inc. $14.1B — (loss-making) — (loss-making) +2,167.79% (above 0%: growing) n/m −126,594.81% (below 0%: shrinking) 87.70% (25.50%) Compare
IREN IREN Limited $12.3B — (loss-making) 1,228× −26.73% (below 0%: shrinking) n/m +705.74% (above 0%: growing) 75.71% (585.97%) Compare
Median of peers $24.0B 26.3× 29.3× +16.46% +38.89% +54.16% 91.14% 23.20%

All 93 Capital Markets stocks →

IBKR metrics, ten years each

Interactive Brokers Group, Inc. (IBKR) key facts

  • Strength: Interactive Brokers Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $6.2 billion, up 19.7% from fiscal 2024.
  • Strength: Net income was $4.4 billion, or $2.23 per share (basic), a net margin of 15.9%.
  • Interactive Brokers Group, Inc. (IBKR) is a Capital Markets company in the Financial sector, listed on Nasdaq.
  • As of October 16, 2026, IBKR traded at $82.69, a market capitalization of $39.0 billion.
  • At that price the stock trades at 32.7× trailing-twelve-month earnings and 5.4× sales; its P/E is higher than 78% of its own readings over the past ten years.
  • Interactive Brokers Group, Inc. pays an annual dividend of $0.34 per share, a yield of 0.41%, with a payout ratio of 13.4%.
  • Return on equity was 5.31% and debt-to-equity 0.00.
  • Its Piotroski F-score is 6 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Interactive Brokers Group, Inc. (IBKR) Latest News

stockrow.com/IBKR · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com