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StoneX Group Inc. (SNEX) Financials

SNEX
Trailing 12 months to June 30, 2026
Revenue $155.9B +21.1% YoY
Net Income $526.9M +77.5% YoY
EPS (Diluted) $5.89 FY2025 annual
Free Cash Flow $3.8B +282.3% YoY
Market Cap $7.2B as of Oct 8, 2026
Price / Sales 0.0x on $155.9B revenue, trailing 12 months to June 30, 2026
Price / Earnings 13.8x on $526.9M net income, trailing 12 months to June 30, 2026
Price / Book 2.5x on $2.8B equity, Q3 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 8, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q3 FY2026, ended Jun 30, 2026 Reported Currency USD FYE September

Newest figures come from the 10-Q for Q3 FY2026, filed Aug 5, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SNEX SEC filings page.

StoneX Group Inc. (SNEX) reported $155.9B in revenue over the twelve months to Jun 30, 2026, up 21.1% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).

Rhea AI SNEX FY2025

StoneX earns thin margins, while cash generation swings sharply with balance-sheet movements and a highly leveraged funding structure.

Cash conversion is highly uneven: operating cash flow moved from -$230M in FY2022 to $4.4B in FY2025, even though net income stayed comparatively modest, rising from $207M to $306M. That gap means annual cash generation is being driven more by timing or balance-sheet activity than by a steady conversion of reported earnings.

FY2025 revenue expanded 32.6% to $131.0B, but gross margin narrowed from 3.5% to 3.1%. Scale increased transaction volume without widening the reported economics, so growth alone did not make each revenue dollar more profitable.

The company generated $4.3B of free cash flow against $306M of net income, while capital expenditures were only $65M; this indicates the cash surge was not primarily reinvestment-driven. Meanwhile, the reported debt-to-equity ratio rose to 18.0x from 15.1x, showing that the balance sheet remains funded predominantly through obligations rather than shareholder capital.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Earnings Growth Capital Efficiency CreditQuality Stability 53 / 100
Financial Health Score 53/100
Scored as: Banks peer group

Scored against banks for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of StoneX Group Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Earnings
47

StoneX Group Inc. earned a return on assets of 0.7% in fiscal year 2025, which is the profit it made on every dollar of assets on its books. This is down from 0.9% the prior year. Earnings ranks banks on that return over three years, and StoneX Group Inc. scores 47/100 among other banks.

Growth
92

StoneX Group Inc. reported revenue of $131.0B in fiscal year 2025, against $98.8B in fiscal year 2024. Growth ranks banks on the three-year path of their net revenue, which is interest income and fee income less the interest they pay out, and StoneX Group Inc. scores 92/100 among other banks.

Capital
3

StoneX Group Inc. funded 5.3% of its assets with shareholders' equity at the end of fiscal year 2025, holding $2.4B of equity against $45.3B of assets. Capital ranks banks on that cushion, and StoneX Group Inc. scores 3/100 among other banks.

Efficiency
100

Efficiency measures what a bank spends running itself against the revenue that spending brings in, so a lower ratio is the better one. StoneX Group Inc. scores 100/100 on it among other banks.

Credit Quality
0

Not available for StoneX Group Inc., and counted as zero in the overall score.

Stability
75

StoneX Group Inc. reported net income of $305.9M in fiscal year 2025, against $260.8M in fiscal year 2024. Stability ranks banks on how steady net income has been across five years, and StoneX Group Inc. scores 75/100 among other banks.

Piotroski F-Score Partial
3/7

StoneX Group Inc. passes 3 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality Cash-Backed
14.35x

For every $1 of reported earnings, StoneX Group Inc. generates $14.35 in operating cash flow ($4.4B OCF vs $305.9M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue
$39.7B
YoY+15.2%
QoQ-12.3%
5Y CAGR+31.3%

StoneX Group Inc. generated $39.7B in revenue in Q3 2026. This represents an increase of 15.2% from the same quarter a year earlier. Against the prior quarter it is down 12.3%.

Net Income
$127.9M
YoY+101.7%
QoQ-26.6%
5Y CAGR+30.2%

StoneX Group Inc. reported $127.9M in net income in Q3 2026. This represents an increase of 101.7% from the same quarter a year earlier. Against the prior quarter it is down 26.6%.

EPS (Diluted)
$1.00
5Y CAGR-9.7%
10Y CAGR+2.5%

StoneX Group Inc. earned $1.00 per diluted share (EPS) in Q3 2026.

EBITDA

Not reported for Q3 2026.

Cash & Balance Sheet

Free Cash Flow
-$1.2B
YoY-183.0%
QoQ-144.1%

StoneX Group Inc. recorded an outflow of $1.2B in free cash flow in Q3 2026, representing a cash shortfall after capex. This represents a decrease of 183.0% from the same quarter a year earlier. Against the prior quarter it is down 144.1%.

Cash & Debt
$2.2B
YoY+67.1%
QoQ+3.4%
5Y CAGR+15.3%
10Y CAGR+19.7%

StoneX Group Inc. held $2.2B in cash as of Q3 2026; long-term debt is not reported for that period.

Shares Outstanding
121M
5Y CAGR+43.5%
10Y CAGR+20.7%

StoneX Group Inc. had 121M shares outstanding in Q3 2026.

Dividends Per Share

Not reported for Q3 2026.

Margins & Returns

Gross Margin
3.7%
YoY+0.7pp
QoQ+0.2pp
5Y change-0.5pp

StoneX Group Inc.'s gross margin was 3.7% in Q3 2026, indicating the percentage of revenue retained after direct costs. This is up 0.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.2 percentage points.

Net Margin
0.3%
YoY+0.1pp
QoQ-0.1pp
5Y change0.0pp

StoneX Group Inc.'s net profit margin was 0.3% in Q3 2026, showing the share of revenue converted to profit. This is up 0.1 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.1 percentage points.

Return on Equity
4.5%
YoY+1.3pp
QoQ-2.0pp
5Y change+0.7pp

StoneX Group Inc.'s ROE was 4.5% in Q3 2026, measuring profit generated per dollar of shareholder equity. This is up 1.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.0 percentage points.

Operating Margin

Not reported for Q3 2026.

Capital Allocation

Capital Expenditures
$16.2M
YoY+1.3%
QoQ-23.9%
5Y CAGR+3.7%

StoneX Group Inc. invested $16.2M in capex in Q3 2026, funding long-term assets and infrastructure. This represents an increase of 1.3% from the same quarter a year earlier. Against the prior quarter it is down 23.9%.

R&D Spending

Not reported for Q3 2026.

Share Buybacks

Not reported for Q3 2026.

SNEX Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SNEX quarterly income statement
MetricQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-K
Revenue$39.7B+15.2%$45.3B+23.9%$38.6B+39.6%$32.3B+7.6%$34.5B+27.3%$36.6B+65.4%$27.6B+41.2%$30.0B+89.6%
Cost of Revenue$38.7B+14.6%$44.2B+23.0%$37.6B+39.3%$31.5B+4.3%$33.8B+29.2%$35.9B+68.8%$27.0B+43.7%$30.2B+90.6%
Gross Profit$1.5B+43.3%$1.6B+63.9%$1.4B+52.3%$1.2B+714.7%$1.0B+12.1%$956.0M+16.8%$944.3M+20.4%-$195.6M-708.3%
SG&A Expenses$393.8M+47.3%$407.2M+52.5%$355.9M+41.0%$320.8M+38.0%$267.3M+3.8%$267.1M+14.0%$252.5M+15.8%$232.4M+10.4%
Operating IncomeN/AN/AN/AN/A-$10.9M+59.5%-$8.6M+32.8%-$21.1M-35.3%-$9.4M+40.9%
EBITDAN/AN/AN/AN/A$4.0M+127.4%$7.0M+1500.0%-$5.4M-22.7%$7.9M+275.6%
Interest Expense$484.1M+30.4%$461.1M+45.6%$461.7M+50.8%$408.6M+26.3%$371.3M+25.0%$316.6M+22.1%$306.2M+29.7%$323.5M+27.8%
Income Tax$31.9M+43.7%$52.8M+107.9%$45.9M+44.3%$23.5M+9.8%$22.2M-14.9%$25.4M+32.3%$31.8M+19.5%$21.4M-13.4%
Net Income$127.9M+101.7%$174.3M+143.1%$139.0M+63.3%$85.7M+11.7%$63.4M+2.4%$71.7M+35.0%$85.1M+23.2%$76.7M+51.3%
EPS (Basic)$1.07+87.7%$2.21+123.2%$2.66+50.3%$1.67+4.4%$0.57-56.2%$0.99-11.6%$1.77-19.5%$1.60-34.2%
EPS (Diluted)$1.00$2.07+120.2%$2.50+47.9%$1.57+1.3%$0.54$0.94$1.69$1.55
Diluted Shares (Avg)124M81M+10.0%54M+10.2%N/A112M74M49MN/A

Not reported in any period shown, so not listed: R&D Expenses.

SNEX Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SNEX quarterly balance sheet
MetricQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-K
Total Assets$54.0B+57.7%$53.6B+71.4%$47.8B+61.5%$45.3B+64.8%$34.3B+32.1%$31.3B+22.0%$29.6B+27.3%$27.5B+25.2%
Cash & Equivalents$2.2B+67.1%$2.1B+62.4%$1.6B+13.9%$1.6B+26.5%$1.3B+7.6%$1.3B+0.2%$1.4B+20.8%$1.3B+14.5%
Short-Term Investments$0$0$0$0$0$0$0$0
Inventory$1.2B+65.2%$1.0B+30.5%$1.4B+59.5%$917.5M+34.7%$705.4M+20.1%$796.2M+29.1%$861.4M+66.2%$681.1M+26.8%
Long-Term Investments$0$0$0$0$0$0$0$0
Goodwill$301.8M+345.1%$301.8M+345.1%$301.6M+358.4%$298.3M+389.0%$67.8M+15.1%$67.8M+14.7%$65.8M+11.0%$61.0M+2.9%
Total Liabilities$51.2B+58.6%$50.9B+73.2%$45.3B+62.8%$42.9B+66.5%$32.3B+32.7%$29.4B+22.0%$27.8B+27.8%$25.8B+25.3%
Total Equity$2.8B+43.7%$2.7B+43.4%$2.5B+41.9%$2.4B+39.1%$2.0B+23.1%$1.9B+22.0%$1.8B+19.9%$1.7B+23.9%
Retained Earnings$2.1B+32.7%$2.0B+29.9%$1.8B+24.4%$1.7B+22.0%$1.6B+22.6%$1.5B+23.6%$1.5B+23.1%$1.4B+23.1%

Not reported in any period shown, so not listed: Current Assets, Accounts Receivable, Current Liabilities, Non-Current Liabilities, Long-Term Debt.

SNEX Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SNEX quarterly cash flow statement
MetricQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-K
Operating Cash Flow-$1.2B-181.0%$2.8B+1911.4%-$1.3B-164.1%$3.5B+1732.5%$1.5B+339.7%-$154.5M-119.7%-$477.8M-413.5%$192.6M-48.1%
Depreciation & Amortization$26.9M+80.5%$26.9M+72.4%$25.0M+59.2%$21.3M+23.1%$14.9M+21.1%$15.6M+26.8%$15.7M+40.2%$17.3M+51.8%
Stock-Based CompensationN/AN/A$14.3M+26.5%N/AN/AN/A$11.3M+48.7%N/A
Capital Expenditures$16.2M+1.3%$21.3M+39.2%$15.2M+11.8%$20.5M+22.8%$16.0M-13.0%$15.3M-12.1%$13.6M+7.1%$16.7M+18.4%
Free Cash Flow-$1.2B-183.0%$2.8B+1735.6%-$1.3B-159.8%$3.5B+1894.8%$1.5B+330.3%-$169.8M-122.1%-$491.4M-451.8%$175.9M-50.7%
Investing Cash Flow-$14.5M+10.5%-$19.2M+9.0%-$28.1M-30.1%-$406.6M-2074.3%-$16.2M+14.3%-$21.1M-57.5%-$21.6M-70.1%-$18.7M-32.6%
Financing Cash Flow$101.3M+603.5%$79.8M+138.6%-$299.8M-259.3%$918.7M+707.3%$14.4M+103.8%-$206.5M-154.3%$188.2M+144.7%$113.8M+239.3%

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

SNEX Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SNEX quarterly financial ratios
MetricQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-K
Gross Margin3.7%+0.7pp3.5%+0.8pp3.7%+0.3pp3.7%+4.4pp3.0%-0.4pp2.6%-1.1pp3.4%-0.6pp-0.7%-0.5pp
Operating MarginN/AN/AN/AN/A0.0%+0.1pp0.0%0.0pp-0.1%0.0pp0.0%+0.1pp
Net Margin0.3%+0.1pp0.4%+0.2pp0.4%+0.1pp0.3%0.0pp0.2%-0.1pp0.2%0.0pp0.3%0.0pp0.3%-0.1pp
Return on Equity4.5%+1.3pp6.5%+2.7pp5.5%+0.7pp3.6%-0.9pp3.2%-0.6pp3.8%+0.4pp4.8%+0.1pp4.5%+0.8pp
Return on Assets0.2%0.0pp0.3%+0.1pp0.3%0.0pp0.2%-0.1pp0.2%0.0pp0.2%0.0pp0.3%0.0pp0.3%+0.1pp
Debt-to-Equity18.00+1.7x18.87+3.2x17.95+2.3x18.04+3.0x16.32+1.2x15.620.0x15.65+1.0x15.07+0.2x
Asset Turnover0.73-0.3x0.84-0.3x0.81-0.1x0.71-0.4x1.010.0x1.17+0.3x0.93+0.1x1.09+0.4x
FCF Margin-3.1%-7.4pp6.1%+6.6pp-3.3%-1.5pp10.9%+10.3pp4.3%+6.7pp-0.5%-3.9pp-1.8%-2.5pp0.6%-1.7pp

Not reported in any period shown, so not listed: Current Ratio.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company Fiscal year Revenue Net income Net margin Market cap Health score
StoneX Group Inc. SNEX FY2025 $131.0B $305.9M 0.2% $7.2B 53/100
Lazard, Inc. LAZ FY2025 $3.1B $237.0M 7.6% $3.5B 44/100
BGC Group, Inc. BGC FY2025 $2.9B $155.0M 5.3% $5.4B 49/100
MOELIS & COMPANY MC FY2025 N/A $259.6M N/A $4.2B —
Piper Sandler Companies PIPR FY2025 $1.9B $281.3M 14.8% $4.5B 53/100
MARA Holdings, Inc. MARA FY2025 $907.1M -$1.3B N/A $4.0B 33/100

Frequently Asked Questions

What is StoneX Group Inc.'s annual revenue?

StoneX Group Inc. (SNEX) reported $131.0B in total revenue for fiscal year 2025. This represents a 32.6% 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 StoneX Group Inc.'s revenue growing?

StoneX Group Inc. (SNEX) revenue grew by 32.6% year-over-year, from $98.8B to $131.0B in fiscal year 2025.

Is StoneX Group Inc. profitable?

Yes, StoneX Group Inc. (SNEX) reported a net income of $305.9M in fiscal year 2025, with a net profit margin of 0.2%.

StoneX Group Inc. (SNEX) reported diluted earnings per share of $5.89 for fiscal year 2025. This represents a 10.9% 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.

StoneX Group Inc. (SNEX) had a gross margin of 3.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

StoneX Group Inc. (SNEX) had a net profit margin of 0.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

StoneX Group Inc. (SNEX) has a return on equity of 12.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

StoneX Group Inc. (SNEX) generated $4.3B in free cash flow during fiscal year 2025. This represents a 878.7% 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.

StoneX Group Inc. (SNEX) generated $4.4B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

StoneX Group Inc. (SNEX) had $45.3B in total assets as of fiscal year 2025, including both current and long-term assets.

StoneX Group Inc. (SNEX) invested $65.4M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

StoneX Group Inc. (SNEX) had 52M shares outstanding as of fiscal year 2025.

StoneX Group Inc. (SNEX) had a debt-to-equity ratio of 18.04 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

StoneX Group Inc. (SNEX) had a return on assets of 0.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

StoneX Group Inc. (SNEX) trades at 13.8x earnings, its market capitalization divided by net income of $526.9M net income, trailing 12 months to June 30, 2026. The market capitalization is $7.2B as of Oct 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

StoneX Group Inc. (SNEX) trades at 0.0x sales, its market capitalization divided by revenue of $155.9B revenue, trailing 12 months to June 30, 2026. The market capitalization is $7.2B as of Oct 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

StoneX Group Inc. (SNEX) has a Piotroski F-Score of 3 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

StoneX Group Inc. (SNEX) has an earnings quality ratio of 14.35x, 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.

StoneX Group Inc. (SNEX) scores 53 out of 100 on our Financial Health Score, indicating moderate standing within its banks peer group. The score is a 0-100 composite of six dimensions (Earnings, Growth, Capital, Efficiency, Credit Quality, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

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