What is Stonex Group Inc's earnings per share (EPS)?

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 Financials

SNEX

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE September

This page shows Stonex Group Inc (SNEX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 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 2026-05-06

StoneX's earnings come from a thin-spread, high-throughput model supported by a heavily liability-funded balance sheet.

Between FY2024 and FY2025, operating cash flow detached from earnings: net income moved from $261M to $306M. Over the same span, operating cash flow leapt from $507M to $4.39B; because capex remained small, the 2025 cash surge looks more like a working-capital release than a matching step-up in core profitability.

Profitability is driven by throughput, not rich margins: FY2025 net margin was just 0.2%, yet return on equity still reached 12.9%. That pairing points to a balance-sheet-intensive model in which heavy use of liabilities lets the company earn a reasonable return on a relatively small equity base, rather than relying on wide margins.

Since FY2023, gross profit dollars climbed from $2.91B to $4.13B. Meanwhile, SG&A rose more slowly, from $869M to $1.11B, showing that added volume improved cost absorption and that the business did not need proportional overhead growth to support much higher activity.

Financial Health Signals

Financial Profile 32/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). 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.

Growth

100

Stonex Group Inc's revenue surged 32.5% year-over-year to $132.4B, reflecting rapid business expansion. This strong growth earns a score of 100/100.

Leverage

Stonex Group Inc has elevated debt relative to equity (D/E of 18.04), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.

Cash Flow

Stonex Group Inc's free cash flow margin of 3.3% results in a low score of 29/100. Capital expenditures of $65.4M absorb a large share of operating cash flow.

Returns

Stonex Group Inc's ROE of 12.9% shows moderate profitability relative to equity, earning a score of 43/100. This is down from 15.3% the prior year.

Piotroski F-Score Weak

3/9

Stonex Group Inc passes 3 of 9 financial strength tests. 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

Export CSV

Earnings & Revenue

Revenue

$132.4B

YoY+32.5%

5Y CAGR+19.6%

10Y CAGR+14.3%

Stonex Group Inc generated $132.4B in revenue in fiscal year 2025. This represents an increase of 32.5% from the prior year.

EBITDA

N/A

Net Income

$305.9M

YoY+17.3%

5Y CAGR+12.5%

10Y CAGR+18.6%

Stonex Group Inc reported $305.9M in net income in fiscal year 2025. This represents an increase of 17.3% from the prior year.

EPS (Diluted)

$5.89

YoY+10.9%

5Y CAGR-7.3%

10Y CAGR+7.5%

Stonex Group Inc earned $5.89 per diluted share (EPS) in fiscal year 2025. This represents an increase of 10.9% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$4.3B

YoY+878.7%

5Y CAGR+17.5%

10Y CAGR+65.1%

Stonex Group Inc generated $4.3B in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 878.7% from the prior year.

Cash & Debt

$1.6B

YoY+26.5%

5Y CAGR+11.0%

10Y CAGR+19.6%

Stonex Group Inc held $1.6B in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

78M

YoY+63.7%

5Y CAGR+32.2%

10Y CAGR+15.3%

Stonex Group Inc had 78M shares outstanding in fiscal year 2025. This represents an increase of 63.7% from the prior year.

Margins & Returns

Gross Margin

3.1%

YoY-0.3pp

5Y CAGR+0.7pp

10Y CAGR+1.3pp

Stonex Group Inc's gross margin was 3.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 0.3 percentage points from the prior year.

Operating Margin

N/A

Net Margin

0.2%

YoY-0.0pp

5Y CAGR-0.1pp

10Y CAGR+0.1pp

Stonex Group Inc's net profit margin was 0.2% in fiscal year 2025, showing the share of revenue converted to profit. This is down 0.0 percentage points from the prior year.

Return on Equity

12.9%

YoY-2.4pp

5Y CAGR-9.2pp

10Y CAGR-1.2pp

Stonex Group Inc's ROE was 12.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 2.4 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$65.4M

YoY+0.3%

5Y CAGR+31.6%

10Y CAGR+21.8%

Stonex Group Inc invested $65.4M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 0.3% from the prior year.

SNEX Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$132.4B+32.5%	$99.9B+64.1%	$60.9B-7.8%	$66.0B+55.3%	$42.5B-21.4%	$54.1B
Cost of Revenue	$128.3B+33.0%	$96.5B+66.5%	$57.9B-9.4%	$63.9B+56.5%	$40.9B-22.7%	$52.8B
Gross Profit	$4.1B+20.1%	$3.4B+17.9%	$2.9B+38.3%	$2.1B+26.0%	$1.7B+27.9%	$1.3B
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$1.1B+17.5%	$942.4M+8.5%	$868.6M+9.3%	$794.8M+17.0%	$679.1M+30.9%	$518.7M
Operating Income	N/A	-$64.7M-2.9%	-$62.9M-5.7%	-$59.5M	N/A	N/A
Interest Expense	$1.4B+25.7%	$1.1B+39.1%	$802.2M+492.0%	$135.5M+173.2%	$49.6M-38.3%	$80.4M
Income Tax	$102.9M+10.3%	$93.3M+10.4%	$84.5M+20.5%	$70.1M+85.4%	$37.8M+1.9%	$37.1M
Net Income	$305.9M+17.3%	$260.8M+9.4%	$238.5M+15.2%	$207.1M+78.1%	$116.3M-31.4%	$169.6M
EPS (Diluted)	$5.89+10.9%	$5.31+6.8%	$4.97-25.5%	$6.67+16.2%	$5.74-33.3%	$8.61

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Revenue	$45.8B+17.2%	$39.0B+19.3%	$32.7B-6.0%	$34.8B-5.6%	$36.9B+32.1%	$27.9B-10.3%	$31.1B+15.0%	$27.1B
Cost of Revenue	$44.2B+17.6%	$37.6B+19.3%	$31.5B-6.8%	$33.8B-5.9%	$35.9B+33.1%	$27.0B-10.7%	$30.2B+15.5%	$26.2B
Gross Profit	$1.6B+8.9%	$1.4B+19.6%	$1.2B+17.4%	$1.0B+7.1%	$956.0M+1.2%	$944.3M+2.6%	$920.1M+0.7%	$913.7M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$407.2M+14.4%	$355.9M+10.9%	$320.8M+20.0%	$267.3M+0.1%	$267.1M+5.8%	$252.5M+8.6%	$232.4M-9.7%	$257.5M
Operating Income	N/A	N/A	N/A	-$10.9M-26.7%	-$8.6M+59.2%	-$21.1M-124.5%	-$9.4M+65.1%	-$26.9M
Interest Expense	$461.1M-0.1%	$461.7M+13.0%	$408.6M+10.0%	$371.3M+17.3%	$316.6M+3.4%	$306.2M-5.3%	$323.5M+8.9%	$297.0M
Income Tax	$52.8M+15.0%	$45.9M+95.3%	$23.5M+5.9%	$22.2M-12.6%	$25.4M-20.1%	$31.8M+48.6%	$21.4M-18.0%	$26.1M
Net Income	$174.3M+25.4%	$139.0M+62.2%	$85.7M+35.2%	$63.4M-11.6%	$71.7M-15.7%	$85.1M+11.0%	$76.7M+23.9%	$61.9M
EPS (Diluted)	$2.07-17.2%	$2.50	N/A	$1.22+29.8%	$0.94-44.4%	$1.69	N/A	$1.25

SNEX Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$45.3B+64.8%	$27.5B+25.2%	$21.9B+10.5%	$19.9B+5.4%	$18.8B+39.8%	$13.5B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$1.6B+26.5%	$1.3B+14.5%	$1.1B0.0%	$1.1B-0.1%	$1.1B+16.5%	$952.6M
Inventory	$917.5M+34.7%	$681.1M+26.8%	$537.3M+4.6%	$513.5M+14.7%	$447.5M+59.2%	$281.1M
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$298.3M+389.0%	$61.0M+2.9%	$59.3M+1.9%	$58.2M+0.2%	$58.1M+6.2%	$54.7M
Total Liabilities	$42.9B+66.5%	$25.8B+25.3%	$20.6B+9.4%	$18.8B+4.8%	$17.9B+41.1%	$12.7B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$2.4B+39.1%	$1.7B+23.9%	$1.4B+28.9%	$1.1B+18.4%	$904.0M+17.8%	$767.5M
Retained Earnings	$1.7B+22.0%	$1.4B+23.1%	$1.1B+26.8%	$889.6M+30.3%	$682.5M+19.2%	$572.4M

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Total Assets	$53.6B+12.2%	$47.8B+5.6%	$45.3B+32.1%	$34.3B+9.5%	$31.3B+5.7%	$29.6B+7.7%	$27.5B+5.9%	$25.9B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$2.1B+33.3%	$1.6B-0.8%	$1.6B+22.3%	$1.3B+0.4%	$1.3B-6.5%	$1.4B+10.2%	$1.3B+3.9%	$1.2B
Inventory	$1.0B-24.4%	$1.4B+49.7%	$917.5M+30.1%	$705.4M-11.4%	$796.2M-7.6%	$861.4M+26.5%	$681.1M+16.0%	$587.4M
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$301.8M+0.1%	$301.6M+1.1%	$298.3M+340.0%	$67.8M0.0%	$67.8M+3.0%	$65.8M+7.9%	$61.0M+3.6%	$58.9M
Total Liabilities	$50.9B+12.5%	$45.3B+5.5%	$42.9B+32.8%	$32.3B+9.8%	$29.4B+5.7%	$27.8B+8.0%	$25.8B+5.9%	$24.3B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$2.7B+7.0%	$2.5B+6.1%	$2.4B+20.1%	$2.0B+5.1%	$1.9B+5.9%	$1.8B+4.0%	$1.7B+6.3%	$1.6B
Retained Earnings	$2.0B+9.5%	$1.8B+8.2%	$1.7B+5.3%	$1.6B+4.1%	$1.5B+4.9%	$1.5B+6.1%	$1.4B+5.8%	$1.3B

SNEX Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$4.4B+765.7%	$506.9M+2238.8%	-$23.7M+89.7%	-$229.5M-110.8%	$2.1B+8.8%	$2.0B
Capital Expenditures	$65.4M+0.3%	$65.2M+39.0%	$46.9M-5.3%	$49.5M-20.3%	$62.1M+274.1%	$16.6M
Free Cash Flow	$4.3B+878.7%	$441.7M+725.6%	-$70.6M+74.7%	-$279.0M-113.5%	$2.1B+6.5%	$1.9B
Investing Cash Flow	-$465.5M-630.8%	-$63.7M-20.2%	-$53.0M-7.1%	-$49.5M+17.2%	-$59.8M+75.2%	-$241.6M
Financing Cash Flow	$914.8M+386.6%	$188.0M+211.0%	-$169.3M-357.3%	$65.8M+284.8%	-$35.6M-111.4%	$312.3M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	$0	$0-100.0%	$11.7M+56.0%	$7.5M

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Cash Flow	$2.8B+321.8%	-$1.3B-135.7%	$3.5B+136.7%	$1.5B+1065.2%	-$154.5M+67.7%	-$477.8M-348.1%	$192.6M+131.0%	-$622.1M
Capital Expenditures	$21.3M+40.1%	$15.2M-25.9%	$20.5M+28.1%	$16.0M+4.6%	$15.3M+12.5%	$13.6M-18.6%	$16.7M-9.2%	$18.4M
Free Cash Flow	$2.8B+317.5%	-$1.3B-136.4%	$3.5B+137.9%	$1.5B+968.8%	-$169.8M+65.4%	-$491.4M-379.4%	$175.9M+127.5%	-$640.5M
Investing Cash Flow	-$19.2M+31.7%	-$28.1M+93.1%	-$406.6M-2409.9%	-$16.2M+23.2%	-$21.1M+2.3%	-$21.6M-15.5%	-$18.7M+1.1%	-$18.9M
Financing Cash Flow	$79.8M+126.6%	-$299.8M-132.6%	$918.7M+6279.9%	$14.4M+107.0%	-$206.5M-209.7%	$188.2M+65.4%	$113.8M+129.7%	-$382.8M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

SNEX Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	3.1%-0.3pp	3.4%-1.3pp	4.8%+1.6pp	3.2%-0.7pp	3.9%+1.5pp	2.4%
Operating Margin	N/A	-0.1%+0.0pp	-0.1%-0.0pp	-0.1%	N/A	N/A
Net Margin	0.2%-0.0pp	0.3%-0.1pp	0.4%+0.1pp	0.3%+0.0pp	0.3%-0.0pp	0.3%
Return on Equity	12.9%-2.4pp	15.3%-2.0pp	17.3%-2.1pp	19.4%+6.5pp	12.9%-9.2pp	22.1%
Return on Assets	0.7%-0.3pp	0.9%-0.1pp	1.1%+0.1pp	1.0%+0.4pp	0.6%-0.6pp	1.3%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	18.04+3.0	15.07+0.2	14.91-2.7	17.56-2.3	19.84+3.3	16.56
FCF Margin	3.3%+2.8pp	0.4%+0.6pp	-0.1%+0.3pp	-0.4%-5.3pp	4.8%+1.3pp	3.6%

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Gross Margin	3.4%-0.3pp	3.7%0.0pp	3.7%+0.7pp	2.9%+0.3pp	2.6%-0.8pp	3.4%+0.4pp	2.9%-0.4pp	3.4%
Operating Margin	N/A	N/A	N/A	-0.0%0.0pp	-0.0%+0.1pp	-0.1%-0.1pp	-0.0%+0.1pp	-0.1%
Net Margin	0.4%+0.0pp	0.4%+0.1pp	0.3%+0.1pp	0.2%-0.0pp	0.2%-0.1pp	0.3%+0.1pp	0.3%+0.0pp	0.2%
Return on Equity	6.5%+1.0pp	5.5%+1.9pp	3.6%+0.4pp	3.2%-0.6pp	3.8%-1.0pp	4.8%+0.3pp	4.5%+0.6pp	3.9%
Return on Assets	0.3%+0.0pp	0.3%+0.1pp	0.2%0.0pp	0.2%-0.0pp	0.2%-0.1pp	0.3%0.0pp	0.3%+0.0pp	0.2%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	18.87+0.9	17.95-0.1	18.04+1.7	16.32+0.7	15.62-0.0	15.65+0.6	15.07-0.1	15.13
FCF Margin	6.1%+9.3pp	-3.3%-14.0pp	10.7%+6.5pp	4.2%+4.7pp	-0.5%+1.3pp	-1.8%-2.3pp	0.6%+2.9pp	-2.4%

Similar Companies

Lazard Ltd LAZ

$4.7B

BGC Group, Inc. BGC

$5.3B

Moelis & Co MC

$4.9B

Piper Sandler Co`S PIPR

$5.5B

MARA Holdings Inc MARA

$5.2B

Frequently Asked Questions

What is Stonex Group Inc's annual revenue?

Stonex Group Inc (SNEX) reported $132.4B in total revenue for fiscal year 2025. This represents a 32.5% 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 32.5% year-over-year, from $99.9B to $132.4B 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%.

What is Stonex Group Inc's gross margin?

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.

What is Stonex Group Inc's net profit margin?

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.

What is Stonex Group Inc's return on equity (ROE)?

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.

What is Stonex Group Inc's free cash flow?

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.

What is Stonex Group Inc's operating cash flow?

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

What are Stonex Group Inc's total assets?

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

What are Stonex Group Inc's capital expenditures?

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

How many shares does Stonex Group Inc have outstanding?

Stonex Group Inc (SNEX) had 78M shares outstanding as of fiscal year 2025.

What is Stonex Group Inc's debt-to-equity ratio?

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.

What is Stonex Group Inc's return on assets (ROA)?

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.

What is Stonex Group Inc's Piotroski F-Score?

Stonex Group Inc (SNEX) has a Piotroski F-Score of 3 out of 9, indicating weak 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Stonex Group Inc's earnings high quality?

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.

How financially healthy is Stonex Group Inc?

Stonex Group Inc (SNEX) scores 32 out of 100 on our Financial Profile, indicating weak 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.