StoneX Group Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data StoneX Group Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	14,755	29,424	27,623	32,897	54,140	42,534	66,036	60,856	99,888	132,378
Cost of revenue	14,084	28,640	26,647	31,791	52,831	40,861	63,929	57,942	96,452	128,251
Gross profit	671	784	976	1,106	1,308	1,673	2,107	2,914	3,436	4,127
Selling and marketing			6.2	5.2	12.2	33.3	55.3	54	52.6	50.5
Operating income							-59.5	-62.9	-64.7
Interest expense	28.3	42.1	70.5	142	80.4	49.6	136	802
Pre-tax income	72.7	15.2	102	111	207	154	277	323	354	409
Income tax	18	8.8	46	25.9	37.1	37.8	70.1	84.5	93.3	103
Income from continuing operations	54.7	6.4	55.5	85.1	170	116	207	239	261	306
Net income	54.7	6.4	55.5	85.1	170	116	207	239	261	306
EBITDA							-15.1	-11.9	-11.6
EPS, basic	1.31	0.14	1.30	1.98	3.90	2.62	4.57	5.14	5.49	6.22
EPS, diluted	1.29	0.14	1.28	1.95	3.83	2.55	4.45	4.97	5.31	5.89
Shares, basic (weighted)	41.4	41.4	41.7	42.2	42.3	43	44	44.9	45.8	47.4
Shares, diluted (weighted)	41.9	42	42.6	42.8	43.1	44.3	45.1	46.4	47.4	50.1

Balance sheet

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	316	315	342	471	953	1,110	1,109	1,108	1,269	1,606
Inventory	124	125	223	229	281	448	514	537	681	918
Property, plant and equipment	29.4	38.7	42.4	43.9	62.1	93.3	113	124	143	167
Lease right-of-use assets				0	102	125	122	122	157	162
Goodwill	47.5	47.1	48.4	51.2	54.7	58.1	58.2	59.3	61	298
Intangible assets	9.1	12.3	11.4	16.7	54.8	42.7	28	23.1	19.6	438
Total assets	5,950	6,243	7,825	9,936	13,475	18,840	19,860	21,939	27,466	45,268
Short-term debt	180	194	336
Total liabilities	5,517	5,794	7,319	9,342	12,707	17,936	18,790	20,560	25,757	42,891
Total debt	227	230	355	168
Paid-in capital	249	259	268	277	293	316	340	372	414	730
Retained earnings	255	262	317	402	572	683	890	1,128	1,389	1,695
Treasury stock	-46.3	-46.3	-46.3	-50.1	-57.6	-69.3	-69.3	-69.3	-69.3	-32.8
Other comprehensive income	-24.6	-24.5	-33.1	-34.8	-40.1	-25.1	-90.6	-51.8	-25.2	-16
Shareholders' equity	434	450	505	594	768	904	1,070	1,379	1,709	2,377
Total equity	434	450	505	594	768	904	1,070	1,379	1,709	2,377
Total liabilities and equity	5,950	6,243	7,825	9,936	13,475	18,840	19,860	21,939	27,466	45,268
Shares outstanding	42.1	42.5	42.9	42.9	43.6	44.6	30.4	31.2	47.8	117

Cash flow statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	54.7	6.4	55.5	85.1	170	116	207	239	261	306
Depreciation and amortization	8.2	9.8	11.6	14	19.7	36.5	44.4	51	53.1	67.5
Stock-based compensation	5.1	6.3	6.6	8.1	10.3	13.9	17.8	28	37.2	49
Deferred income tax	-0.8	-9.8	22.3	3.7	4.1	3.2	-0.3	-2.4	-10.5	7.3
Change in receivables	97.8	-116	-24.3	-134	0.9	-68.3	-120	-80.5	-330	-286
Change in inventory	-91	-1.7	-98.7	3	-51.8	-166	-67.2	-1.3	-144	-231
Change in payables	7.5	-19.6	18.6	6.7	42.7	35.7	101	82.5	-5.3	108
Cash from operations	-27.8	1,037	-474	196	1,951	2,123	-230	-23.7	507	4,388
Capital expenditures	-15.4	-16.1	-12.5	-11.9	-16.6	-62.1	-49.5	-46.9	-65.2	-65.4
Acquisitions	-20	-6	-3.7	-28.9	-225	-2.4	-0.2	-6.1	-2.3	-392
Cash from investing	-35.5	-22.3	-15.4	-40.8	-242	-59.8	-49.5	-53	-63.7	-466
Debt issued				0	345	0	0	0	550	625
Debt repaid	0	0	0	-6.6	-92.1	-1.6	-0.5	0	-348	0
Stock issued	3.5	3.4	2.6	1.2	5.5	9.2	6.7	3.7	7.7	10.7
Share buybacks	-19.5	0	0	-3.8	-7.5	-11.7	0	0
Cash from financing	121	5.7	121	9.6	312	-35.6	65.8	-169	188	915
Exchange rate effect	-9.6	1.4	-4.1	-0.7	-4.2	13.8	-11.2	2.6	-0.3	10
Net change in cash	48.1	1,022	-372	164	2,017	2,041	-224	-243	631	4,848
Free cash flow	-43.2	1,021	-486	184	1,934	2,061	-279	-70.6	442	4,323
Interest paid	26	38	78.9	153	90.4	87	149	787	1,230	1,462
Income taxes paid	8.5	17.1	22.2	24.6	44	52	56.3	71	118	118

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $66.81 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	3.6%	Gross profit / revenue.
Pre-tax margin	0.4%	Pre-tax income / revenue.
Net margin	0.3%	Net income / revenue.
FCF margin	2.4%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	2.4%	Cash from operations / revenue.
Effective tax rate	22.6%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	18.5%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	1.0%	Net income / average total assets.
Stock-based pay / revenue	0.0%	Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue	0.0%	Capital expenditures / revenue.
D&A / revenue	0.1%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	32.5%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	26.1%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	19.6%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y	20.1%	Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y	25.1%	Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y	25.8%	Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y	17.3%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	13.9%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y	12.5%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	10.9%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	9.8%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y	9.0%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	765.7%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 5y	17.6%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y	878.7%	Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 5y	17.5%	Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	39.1%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	30.5%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	25.4%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	64.8%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	31.6%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	27.4%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	5.7%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	3.6%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	3.0%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Liabilities / assets	94.7%	Total liabilities / total assets.
Goodwill and intangibles / assets	1.4%	(Goodwill + intangible assets) / total assets.
Tangible book value	$2.11B	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	2.92x	Revenue / average total assets.
Fixed asset turnover	952x	Revenue / average property, plant and equipment.
Inventory turnover	130x	Cost of revenue / average inventory.
Days inventory	3 days	365 x average inventory / cost of revenue.
FCF conversion	718.3%	Free cash flow / net income, when net income is positive.
Capex / operating cash flow	1.9%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	$4.23	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share	$1,267.00	Revenue / diluted weighted shares.
FCF per share	$30.40	Free cash flow / diluted weighted shares.
Operating cash flow per share	$30.99	Cash from operations / diluted weighted shares.
Book value per share	$23.70	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$17.58	Tangible book value / shares outstanding.
Cash per share	$18.29	(Cash + short-term investments) / shares outstanding.

Valuation

Metric	Value	How it is calculated
Market cap	$8.06B	Share price x shares outstanding.
Enterprise value	$5.86B	Market cap + total debt - cash - short-term investments.
P/E	15.3x	Market cap / net income. Only when net income is positive.
P/S	0.05x	Market cap / revenue.
P/B	2.83x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	3.82x	Market cap / tangible book value, when positive.
P/FCF	2.13x	Market cap / free cash flow. Only when free cash flow is positive.
P/OCF	2.09x	Market cap / cash from operations, when positive.
EV/Sales	0.04x	Enterprise value / revenue.
EV/FCF	1.55x	Enterprise value / free cash flow, when both are positive.
FCF yield	47.0%	Free cash flow / market cap.
Earnings yield	6.5%	Net income / market cap (the inverse of P/E).
PEG	1.56x	P/E / EPS growth per year over 3 years (in percent). Only when both are positive.

What was StoneX Group Inc.'s revenue in fiscal 2025?

StoneX Group Inc. reported revenue of $132.38B for fiscal 2025, 32.5% higher than the year before.

Was StoneX Group Inc. profitable in fiscal 2025?

Yes. Net income was $305.9M, a net margin of 0.2%.

How much free cash flow did StoneX Group Inc. generate in fiscal 2025?

Cash from operations of $4.39B minus capital expenditures of $65.4M left free cash flow of $4.32B.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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