What is BGC Group, Inc.'s earnings per share (EPS)?

BGC Group, Inc. (BGC) reported diluted earnings per share of $0.31 for fiscal year 2025. This represents a 24.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

BGC Group, Inc. Financials

BGC

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows BGC Group, Inc. (BGC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 63/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth

BGC Group, Inc.'s revenue surged 30.0% year-over-year to $2.9B, reflecting rapid business expansion. This strong growth earns a score of 83/100.

Leverage

BGC Group, Inc. carries a low D/E ratio of 1.83, meaning only $1.83 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 65/100, indicating a strong balance sheet with room for future borrowing.

Cash Flow

BGC Group, Inc. has a free cash flow margin of 12.7%, earning a moderate score of 57/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

BGC Group, Inc.'s ROE of 15.9% shows moderate profitability relative to equity, earning a score of 47/100. This is up from 14.1% the prior year.

Piotroski F-Score Neutral

4/9

BGC Group, Inc. passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Cash-Backed

2.54x

For every $1 of reported earnings, BGC Group, Inc. generates $2.54 in operating cash flow ($394.4M OCF vs $155.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$2.9B

YoY+30.0%

5Y CAGR+7.4%

10Y CAGR+0.6%

BGC Group, Inc. generated $2.9B in revenue in fiscal year 2025. This represents an increase of 30.0% from the prior year.

EBITDA

N/A

Net Income

$155.0M

YoY+22.0%

5Y CAGR+24.9%

10Y CAGR-0.3%

BGC Group, Inc. reported $155.0M in net income in fiscal year 2025. This represents an increase of 22.0% from the prior year.

EPS (Diluted)

$0.31

YoY+24.0%

5Y CAGR+20.9%

10Y CAGR-6.7%

BGC Group, Inc. earned $0.31 per diluted share (EPS) in fiscal year 2025. This represents an increase of 24.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$372.9M

YoY+30.5%

5Y CAGR+6.5%

10Y CAGR-5.4%

BGC Group, Inc. generated $372.9M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 30.5% from the prior year.

Cash & Debt

$851.5M

YoY+19.7%

5Y CAGR+7.4%

10Y CAGR+4.2%

BGC Group, Inc. held $851.5M in cash against $1.8B in long-term debt as of fiscal year 2025.

Dividends Per Share

$0.08

YoY+14.3%

5Y CAGR-14.0%

10Y CAGR-17.4%

BGC Group, Inc. paid $0.08 per share in dividends in fiscal year 2025. This represents an increase of 14.3% from the prior year.

Shares Outstanding

N/A

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

5.3%

YoY-0.3pp

5Y CAGR+2.8pp

10Y CAGR-0.5pp

BGC Group, Inc.'s net profit margin was 5.3% in fiscal year 2025, showing the share of revenue converted to profit. This is down 0.3 percentage points from the prior year.

Return on Equity

15.9%

YoY+1.8pp

5Y CAGR+9.2pp

10Y CAGR-9.3pp

BGC Group, Inc.'s ROE was 15.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 1.8 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$281.5M

YoY+7.4%

5Y CAGR+759.5%

10Y CAGR+37.0%

BGC Group, Inc. spent $281.5M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 7.4% from the prior year.

Capital Expenditures

$21.5M

YoY-27.5%

5Y CAGR-7.0%

10Y CAGR-5.8%

BGC Group, Inc. invested $21.5M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 27.5% from the prior year.

BGC Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$2.9B+30.0%	$2.3B+11.7%	$2.0B+12.8%	$1.8B-10.9%	$2.0B-2.0%	$2.1B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$125.3M+37.6%	$91.1M+17.9%	$77.2M+33.3%	$57.9M-16.4%	$69.3M-9.5%	$76.6M
Income Tax	$67.2M+34.6%	$49.9M+163.6%	$18.9M-50.9%	$38.6M+67.7%	$23.0M+8.0%	$21.3M
Net Income	$155.0M+22.0%	$127.0M+250.2%	$36.3M-38.4%	$58.9M-61.6%	$153.5M+201.4%	$50.9M
EPS (Diluted)	$0.31+24.0%	$0.25+257.1%	$0.07-46.2%	$0.13-59.4%	$0.32+166.7%	$0.12

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	$756.4M+2.6%	$736.8M-6.0%	$784.0M+18.0%	$664.2M+16.1%	$572.3M+2.0%	$561.1M+1.9%	$550.8M-4.8%	$578.6M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$33.0M-2.3%	$33.8M+0.1%	$33.8M+37.1%	$24.7M+1.6%	$24.3M-3.4%	$25.1M+16.6%	$21.6M+7.0%	$20.1M
Income Tax	$14.2M+90.5%	$7.4M-61.0%	$19.1M-28.2%	$26.5M+585.5%	$3.9M-35.4%	$6.0M-66.7%	$18.0M-18.4%	$22.1M
Net Income	$14.4M-48.5%	$27.9M-51.5%	$57.5M+4.3%	$55.2M+118.9%	$25.2M+70.9%	$14.7M-61.0%	$37.8M-23.1%	$49.2M
EPS (Diluted)	N/A	$0.06-45.5%	$0.110.0%	$0.11	N/A	$0.03-62.5%	$0.08-20.0%	$0.10

BGC Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$4.4B+22.8%	$3.6B+13.1%	$3.2B+3.3%	$3.1B-8.0%	$3.3B-15.5%	$4.0B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$851.5M+19.7%	$711.6M+8.5%	$655.6M+35.2%	$485.0M-12.4%	$553.6M-7.2%	$596.3M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$648.6M+20.0%	$540.3M+6.7%	$506.3M+4.1%	$486.6M-0.1%	$486.9M-12.5%	$556.2M
Total Liabilities	$3.3B+30.0%	$2.5B+10.3%	$2.3B-2.1%	$2.3B-12.6%	$2.7B-14.8%	$3.1B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$1.8B+32.8%	$1.3B+13.0%	$1.2B+12.8%	$1.0B-0.3%	$1.1B-20.0%	$1.3B
Total Equity	$972.5M+8.2%	$898.5M+1.5%	$885.1M+32.2%	$669.6M+8.1%	$619.8M-17.8%	$754.2M
Retained Earnings	-$910.4M+11.3%	-$1.0B+8.3%	-$1.1B+1.7%	-$1.1B+2.9%	-$1.2B+8.5%	-$1.3B

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$4.4B-24.3%	$5.8B+19.1%	$4.9B+0.2%	$4.9B+36.0%	$3.6B-18.0%	$4.4B+2.9%	$4.3B-2.7%	$4.4B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$851.5M+9.9%	$774.9M-6.4%	$827.8M-14.3%	$966.4M+35.8%	$711.6M+26.3%	$563.5M-1.4%	$571.7M+0.9%	$566.8M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$648.6M-0.1%	$649.1M+3.7%	$625.6M+15.7%	$540.7M+0.1%	$540.3M+6.9%	$505.6M0.0%	$505.4M-0.2%	$506.5M
Total Liabilities	$3.3B-30.3%	$4.7B+23.8%	$3.8B+1.1%	$3.7B+48.9%	$2.5B-24.7%	$3.3B+3.8%	$3.2B-6.8%	$3.5B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$1.8B-3.3%	$1.8B-4.2%	$1.9B+13.6%	$1.7B+26.2%	$1.3B-7.2%	$1.4B0.0%	$1.4B+52.5%	$945.0M
Total Equity	$972.5M+0.7%	$965.3M+3.7%	$930.5M-3.5%	$963.8M+7.3%	$898.5M+4.5%	$860.1M+0.2%	$858.1M-5.9%	$912.1M
Retained Earnings	-$910.4M+0.5%	-$915.1M+1.9%	-$933.2M+4.9%	-$981.1M+4.4%	-$1.0B+1.5%	-$1.0B+0.5%	-$1.0B+2.6%	-$1.1B

BGC Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$394.4M+25.1%	$315.4M-22.2%	$405.2M+80.6%	$224.4M-46.2%	$417.2M+37.9%	$302.6M
Capital Expenditures	$21.5M-27.5%	$29.6M+98.5%	$14.9M+40.9%	$10.6M+4.7%	$10.1M-67.2%	$30.8M
Free Cash Flow	$372.9M+30.5%	$285.7M-26.8%	$390.3M+82.6%	$213.8M-47.5%	$407.1M+49.8%	$271.8M
Investing Cash Flow	-$282.6M-191.4%	-$97.0M-6.9%	-$90.7M-70.1%	-$53.3M-144.0%	$121.1M+255.4%	-$77.9M
Financing Cash Flow	$21.2M+114.2%	-$149.0M-1.5%	-$146.9M+37.0%	-$233.2M+71.5%	-$819.5M-6155.5%	-$13.1M
Dividends Paid	$39.0M+14.1%	$34.2M+96.6%	$17.4M+17.0%	$14.9M-1.6%	$15.1M-75.0%	$60.4M
Share Buybacks	$281.5M+7.4%	$262.2M+128.8%	$114.6M+10.3%	$103.9M-71.6%	$365.4M+6089866.7%	$6K

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	$180.4M+27.2%	$141.9M+99.1%	$71.2M+8390.9%	$839K-99.7%	$251.9M+185.2%	$88.3M+266.8%	-$53.0M-288.5%	$28.1M
Capital Expenditures	$5.3M+13.3%	$4.7M-25.5%	$6.3M+19.3%	$5.3M-16.8%	$6.3M-34.0%	$9.6M-9.1%	$10.5M+225.8%	$3.2M
Free Cash Flow	$175.1M+27.7%	$137.2M+111.2%	$65.0M+1571.6%	-$4.4M-101.8%	$245.6M+211.8%	$78.8M+224.1%	-$63.5M-355.3%	$24.9M
Investing Cash Flow	$37.3M+241.5%	-$26.4M+90.5%	-$277.0M-1569.2%	-$16.6M-115.1%	$110.1M+1080.1%	$9.3M+104.7%	-$197.3M-929.7%	-$19.2M
Financing Cash Flow	-$142.0M+11.2%	-$160.0M-379.6%	$57.2M-78.5%	$266.1M+229.3%	-$205.7M-101.2%	-$102.2M-140.3%	$253.6M+368.0%	-$94.6M
Dividends Paid	$9.7M-1.2%	$9.8M+0.7%	$9.7M-1.5%	$9.9M+1.4%	$9.7M-0.4%	$9.8M-0.8%	$9.8M+102.9%	$4.8M
Share Buybacks	$68.0M+62.2%	$41.9M-71.8%	$148.5M+542.2%	$23.1M-53.8%	$50.0M-21.9%	$64.1M-19.4%	$79.5M+15.8%	$68.6M

BGC Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	5.3%-0.3pp	5.6%+3.8pp	1.8%-1.5pp	3.3%-4.3pp	7.6%+5.1pp	2.5%
Return on Equity	15.9%+1.8pp	14.1%+10.0pp	4.1%-4.7pp	8.8%-16.0pp	24.8%+18.0pp	6.8%
Return on Assets	3.5%-0.0pp	3.5%+2.4pp	1.1%-0.8pp	1.9%-2.7pp	4.6%+3.3pp	1.3%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	1.83+0.3	1.49+0.2	1.34-0.2	1.57-0.1	1.70-0.0	1.74
FCF Margin	12.7%+0.1pp	12.6%-6.6pp	19.3%+7.4pp	11.9%-8.3pp	20.2%+7.0pp	13.2%

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	1.9%-1.9pp	3.8%-3.6pp	7.3%-1.0pp	8.3%+3.9pp	4.4%+1.8pp	2.6%-4.2pp	6.9%-1.6pp	8.5%
Return on Equity	1.5%-1.4pp	2.9%-3.3pp	6.2%+0.5pp	5.7%+2.9pp	2.8%+1.1pp	1.7%-2.7pp	4.4%-1.0pp	5.4%
Return on Assets	0.3%-0.1pp	0.5%-0.7pp	1.2%+0.1pp	1.1%+0.4pp	0.7%+0.4pp	0.3%-0.5pp	0.9%-0.2pp	1.1%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	1.83-0.1	1.90-0.2	2.06+0.3	1.75+0.3	1.49-0.2	1.680.0	1.68+0.6	1.04
FCF Margin	23.2%+4.5pp	18.6%+10.3pp	8.3%+8.9pp	-0.7%-43.6pp	42.9%+28.9pp	14.0%+25.6pp	-11.5%-15.8pp	4.3%

Similar Companies

Stonex Group Inc SNEX

$6.6B

Lazard Ltd LAZ

$3.9B

MARA Holdings Inc MARA

$3.3B

Moelis & Co MC

$4.1B

Terawulf Inc WULF

$6.3B

Frequently Asked Questions

What is BGC Group, Inc.'s annual revenue?

BGC Group, Inc. (BGC) reported $2.9B in total revenue for fiscal year 2025. This represents a 30.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is BGC Group, Inc.'s revenue growing?

BGC Group, Inc. (BGC) revenue grew by 30% year-over-year, from $2.3B to $2.9B in fiscal year 2025.

Is BGC Group, Inc. profitable?

Yes, BGC Group, Inc. (BGC) reported a net income of $155.0M in fiscal year 2025, with a net profit margin of 5.3%.

How much debt does BGC Group, Inc. have?

As of fiscal year 2025, BGC Group, Inc. (BGC) had $851.5M in cash and equivalents against $1.8B in long-term debt.

What is BGC Group, Inc.'s net profit margin?

BGC Group, Inc. (BGC) had a net profit margin of 5.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does BGC Group, Inc. pay dividends?

Yes, BGC Group, Inc. (BGC) paid $0.08 per share in dividends during fiscal year 2025.

What is BGC Group, Inc.'s return on equity (ROE)?

BGC Group, Inc. (BGC) has a return on equity of 15.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is BGC Group, Inc.'s free cash flow?

BGC Group, Inc. (BGC) generated $372.9M in free cash flow during fiscal year 2025. This represents a 30.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is BGC Group, Inc.'s operating cash flow?

BGC Group, Inc. (BGC) generated $394.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are BGC Group, Inc.'s total assets?

BGC Group, Inc. (BGC) had $4.4B in total assets as of fiscal year 2025, including both current and long-term assets.

What are BGC Group, Inc.'s capital expenditures?

BGC Group, Inc. (BGC) invested $21.5M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does BGC Group, Inc. buy back shares?

Yes, BGC Group, Inc. (BGC) spent $281.5M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

What is BGC Group, Inc.'s debt-to-equity ratio?

BGC Group, Inc. (BGC) had a debt-to-equity ratio of 1.83 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is BGC Group, Inc.'s return on assets (ROA)?

BGC Group, Inc. (BGC) had a return on assets of 3.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is BGC Group, Inc.'s Piotroski F-Score?

BGC Group, Inc. (BGC) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are BGC Group, Inc.'s earnings high quality?

BGC Group, Inc. (BGC) has an earnings quality ratio of 2.54x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is BGC Group, Inc.?

BGC Group, Inc. (BGC) scores 63 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.