
BGC Group, Inc.
NASDAQ•BGC
CEO: Mr. Howard W. Lutnick
Sector: Financial Services
Industry: Financial - Capital Markets
Listing Date: 1999-12-10
BGC Group, Inc. operates as a financial brokerage and technology company in the United States and internationally. The company offers various brokerage products, such as fixed income, such as government bonds, corporate bonds, and other debt instruments, as well as related interest rate derivatives and credit derivatives; equities, energy and commodities, shipping, insurance, and futures and options. It also provides trade execution, connectivity solutions, brokerage services, clearing, trade compression and other post-trade services, information, and other back-office services to an assortment of financial and non-financial institutions. In addition, the company offers electronic and hybrid brokerage, other financial technology solutions, market data and related information services. Further, its integrated platform is designed to provide flexibility to customers with regard to price discovery, execution and processing of transactions, Hybrid, or in various markets, as well as fully electronic brokerage services in connection with transactions executed either OTC or through an exchange. The company primarily serves banks, broker-dealers, investment banks, trading firms, hedge funds, governments, and corporations, as well as investment firms. BGC Group, Inc. was founded in 1945 and is headquartered in New York, New York.
Contact Information
Market Cap
$4.31B
P/E (TTM)
26.2
50.9
Dividend Yield
0.9%
52W High
$10.96
52W Low
$7.24
52W Range
2.9
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 2.9 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024
Financial Dashboard
Q3 2025 Data
Revenue
$736.85M+35.41%
4-Quarter Trend
EPS
$0.06+95.67%
4-Quarter Trend
FCF
$141.86M+109.35%
4-Quarter Trend
2025 Q3 Earnings Highlights
Key Highlights
Quarterly Revenue Jumps 31.3% Total revenues reached $736.8M, marking 31.3% growth; brokerage revenues increased 34.4% to $673.1M.
Pre-Tax Income Soars Income from operations before taxes was $33.5M, significantly up from $19.7M in prior period.
ECS Revenue Doubles ECS revenue increased 114.0% to $241.6M, driven by OTC Global operations acquired in Q2 2025.
Asset Base Expands Total assets grew 62.2% to $5.83B by September 30, 2025, reflecting recent acquisitions.
Risk Factors
Geopolitical and Macro Uncertainty Exposure remains high to fluctuating global interest rates, inflation, and geopolitical conflicts impacting market volumes.
Integration of New Acquisitions Ongoing integration of OTC Global operations and internal control processes presents execution risks.
Regulatory Capital Restrictions Regulatory requirements restrict capital withdrawal from subsidiaries, potentially impacting liquidity management.
Leadership Transition Effects Recent executive leadership changes and divestiture completion introduce transition uncertainties for operations.
Outlook
Cost Reduction Program Nears The $25.0M cost reduction program is expected to complete by year-end 2025, enhancing profitability and margins.
Focus on Capital Return Capital allocation priorities focus on returning capital to stockholders via dividends and share repurchases.
Fenics Technology Investment Continued investment in high-margin, technology-driven Fenics platforms to drive future revenue growth.
Treasury Futures Adoption Expect similar strong adoption for the U.S. Treasury futures offering in 2026 following SOFR success.
Peer Comparison
Revenue (TTM)
$130.79B
RJF$15.81B
VIRT$3.50B
Gross Margin (Latest Quarter)
RJF98.6%
BGC92.7%
72.5%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| RJF | $31.44B | 14.8 | 23.5% | 0.0% |
| VIRT | $5.26B | 1.6 | 131.6% | 1.5% |
| LAZ | $4.69B | 17.6 | 38.7% | 47.4% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
+9.6%
Steady Growth
4Q Net Income CAGR
+3.4%
Profitability Slowly Improving
Cash Flow Stability
100%
Strong Cash Flow
Research & Insights
Reports
All Years
Form 10-Q - Q3 2025
Period End: Sep 30, 2025|Filed: Nov 10, 2025|Revenue: $736.85M+35.4%|EPS: $0.06+95.7%MissForm 10-Q - Q2 2025
Period End: Jun 30, 2025|Filed: Aug 11, 2025|Revenue: $784.00M+46.9%|EPS: $0.11+44.9%MissForm 10-Q - Q1 2025
Period End: Mar 31, 2025|Filed: May 12, 2025|Revenue: $652.61M+14.7%|EPS: $0.11+11.6%MissForm 10-K/A - FY 2024
Period End: Dec 31, 2024|Filed: Apr 30, 2025|Revenue: $2.21B+11.4%|EPS: $0.26+225.0%BeatForm 10-K - FY 2024
Period End: Dec 31, 2024|Filed: Mar 3, 2025|Refer to amended dataForm 10-Q - Q3 2024
Period End: Sep 30, 2024|Filed: Nov 8, 2024|Revenue: $544.17M+15.2%|EPS: $0.03-12.0%MissForm 10-Q - Q2 2024
Period End: Jun 30, 2024|Filed: Aug 8, 2024|Revenue: $533.62M+11.2%|EPS: $0.08-250.9%MissForm 10-Q - Q1 2024
Period End: Mar 31, 2024|Filed: May 9, 2024|Revenue: $568.85M+7.8%|EPS: $0.10+94.9%Miss