StoneX Group Inc.

SNEX Financial Capital Markets

StoneX Group Inc.’s revenue for fiscal 2025 (year ended September 2025) was $132.4 billion, up 32.5% from fiscal 2024.

Revenue
+15.4%
EPS
+86.6%
Free cash flow
−183.0%
Total debt
+59.8%

Quarter to June 2026, against a year earlier

54.42 0.80 +1.49%
Market cap
$6.5B
P/E
12.0×
Fwd P/E
12.1×
Dividend yield
—
F-score
3/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

StoneX Group Inc. (SNEX) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
Commercial 129,257 97.64%
Institutional 2,499 1.89%
Self-Directed/Retail 406 0.31%
Payments 214 0.16%
Gross margin 2.67%
Operating margin 1.41%
Pre-tax margin 0.31%

Revenue by segment $m

Line FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010
Commercial 129,257 97,329 58,817 63,743 39,884 52,970 32,125 27,019 — — — — — — — —
Institutional 2,499 1,962 1,514 832 668 624 515 427 — — — — — — — —
Self-Directed/Retail 406 390 321 1,304 1,860 433 148 73 — — — — — — — —
Payments 214 210 213 172 137 117 113 99 89 73 77 55 41 39 59 48
Other — — — — — — — — 28,684 14,121 34,092 33,552 42,052 112 67 25
Clearing and Execution Services — — — — — — — — 260 151 123 114 121 66,264 66 62
Commodity and Risk Management — — — — — — — — 245 236 262 224 202 231 72,668 46,785
Securities — — — — — — — — 152 175 130 80 70 48 31 21
Corporate — — — — — — — — 5 (1) 9 (3) 7 0 0 0
Revenue 132,378 99,888 60,856 66,036 42,534 54,140 32,897 27,623 29,424 14,755 34,693 34,022 42,493 66,693 72,891 46,940

Revenue by region $m

Line FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010
Middle East and Asia 120,923 91,015 51,024 57,396 37,259 51,317 30,607 25,781 28,030 13,405 8,560 14,822 14,581 14,411 24,627 14,927
United States 7,761 6,026 6,017 5,102 3,313 2,223 1,948 1,588 1,168 817 25,959 19,055 27,788 52,142 48,165 31,963
Europe 3,107 2,359 3,499 3,440 1,890 533 280 190 167 464 121 86 66 70 35 20
South America 564 455 271 87 65 59 57 60 54 65 49 53 51 58 53 18
Other 24 33 45 11 8 8 — — — — — — — — — —
Other (geographic location) — — — — — — 6 5 5 4 4 6 7 12 11 13
Revenue 132,378 99,888 60,856 66,036 42,534 54,140 32,897 27,623 29,424 14,755 34,693 34,022 42,493 66,693 72,891 46,940

Operating figures as reported in each quarter’s results release or filing

Figure Quarter Latest A year before Change
Average client equity - listed derivatives Q3 FY2026 $15.0B $6.6B +128.84%
Average money market / FDIC sweep client balances Q3 FY2026 $1.2B $1.2B −2.24%
Commercial average client equity - listed derivatives Q3 FY2026 $4.5B $1.7B +162.05%
Commercial listed derivatives Q3 FY2026 17.9M 13.1M +36.92%
Commercial listed derivatives, average rate per contract Q3 FY2026 $8.18 $5.33 +53.47%
FX / CFD contracts ADV Q3 FY2026 $10.8B $12.2B −11.57%
FX / CFD contracts RPM Q3 FY2026 $102.00 $111.00 −8.11%
Global Payments ADV Q2 FY2026 $92.0M — —
Global Payments RPM Q3 FY2026 $9,915.00 $10,614.00 −6.59%
Institutional average client equity - listed derivatives Q3 FY2026 $10.5B $4.8B +116.83%
Institutional FX contracts ADV Q3 FY2026 $4.0B $2.9B +36.46%
Institutional FX contracts RPM Q3 FY2026 $25.00 $41.00 −39.02%
Institutional listed derivatives Q3 FY2026 80.0M 43.7M +83.24%
Institutional listed derivatives, average rate per contract Q3 FY2026 $1.36 $1.17 +16.24%
Listed derivatives Q3 FY2026 97.9M 56.8M +72.56%
Listed derivatives, average rate per contract Q3 FY2026 $2.61 $2.13 +22.54%
OTC derivatives Q3 FY2026 1.9M 1.0M +89.00%
OTC derivatives, average rate per contract Q3 FY2026 $53.50 $58.06 −7.85%
Securities average daily volume Q3 FY2026 $12.3B $9.2B +33.02%
Securities rate per million Q3 FY2026 $302.00 $276.00 +9.42%

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.