Interactive Brokers Group, Inc. - Understand $ibkr stock

$IBKR Market Cap: $78.58 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$9.037B

TTM

Gross Margin

49.82%

TTM

Net Earnings

$713.0M

TTM

Current Assets

$128.1B

Q3 2024

Current Liabilities

$132.1B

Q3 2024

Current Ratio

97.02%

Q3 2024

Total Assets

$148.5B

Q3 2024

Total Liabilities

$144.4B

Q3 2024

Book Value

$4.160B

Q3 2024

Cash

$3.595B

Q3 2024

P/E

110.2

Nov 29, 2024 EST

Free Cash Flow

$9.212B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Revenue	$7.776B	$4.085B	$2.714B	$2.218B	$2.580B	$2.366B	$1.927B	$1.475B	$1.256B	$1.116B	$1.128B	$1.193B	$1.445B	$988.3M	$1.170B	$2.182B	$2.024B	$1.737B	$1.099B	$621.7M
YoY Change	90.35%	50.52%	22.36%	-14.03%	9.04%	22.78%	30.64%	17.44%	12.6%	-1.1%	-5.42%	-17.45%	46.17%	-15.52%	-46.4%	7.85%	16.51%	58.01%	76.81%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Revenue	$7.776B	$4.085B	$2.714B	$2.218B	$2.580B	$2.366B	$1.927B	$1.475B	$1.256B	$1.116B	$1.128B	$1.193B	$1.445B	$988.3M	$1.170B	$2.182B	$2.024B	$1.737B	$1.099B	$621.7M
Cost Of Revenue	$3.822B	$1.342B	$460.0M	$261.0M	$643.0M	$463.0M	$225.0M	$79.00M	$67.00M	$72.30M	$51.70M	$62.00M	$86.30M	$66.20M	$69.40M	$332.0M	$555.2M	$484.4M	$170.0M	$57.70M
Gross Profit	$3.954B	$2.743B	$2.478B	$2.218B	$1.897B	$1.879B	$1.608B	$1.396B	$1.189B	$1.043B	$1.076B	$1.131B	$1.358B	$922.1M	$1.100B	$1.850B	$1.468B	$1.252B	$929.2M	$564.0M
Gross Profit Margin	50.85%	67.15%	91.3%	100.0%	73.53%	79.42%	83.45%	94.64%	94.67%	93.53%	95.41%	94.8%	94.03%	93.3%	94.07%	84.79%	72.56%	72.11%	84.53%	90.72%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Selling, General & Admin	$885.0M	$745.0M	$641.0M	$627.0M	$498.0M	$412.0M	$387.0M	$366.0M	$500.0M	$325.7M	$382.4M	$352.5M	$335.9M	$312.1M	$288.9M	$284.6M	$200.8M	$177.6M	$144.8M	$121.5M
YoY Change	18.79%	16.22%	2.23%	25.9%	20.87%	6.46%	5.74%	-26.8%	53.52%	-14.83%	8.48%	4.94%	7.63%	8.03%	1.51%	41.73%	13.06%	22.65%	19.18%
% of Gross Profit	22.38%	27.16%	25.87%	28.27%	26.25%	21.93%	24.07%	26.22%	42.05%	31.22%	35.54%	31.18%	24.73%	33.85%	26.25%	15.38%	13.67%	14.18%	15.58%	21.54%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$65.00M	$58.00M	$50.00M	$42.00M	$31.00M	$26.00M	$25.00M	$25.00M	$22.00M	$19.70M	$19.20M	$19.30M	$18.70M	$18.70M	$21.10M	$17.90M	$12.10M	$11.60M	$10.90M	$9.000M
YoY Change	12.07%	16.0%	19.05%	35.48%	19.23%	4.0%	0.0%	13.64%	11.68%	2.6%	-0.52%	3.21%	0.0%	-11.37%	17.88%	47.93%	4.31%	6.42%	21.11%
% of Gross Profit	1.64%	2.11%	2.02%	1.89%	1.63%	1.38%	1.55%	1.79%	1.85%	1.89%	1.78%	1.71%	1.38%	2.03%	1.92%	0.97%	0.82%	0.93%	1.17%	1.6%
Operating Expenses	$885.0M	$745.0M	$691.0M	$962.0M	$780.0M	$707.0M	$653.0M	$635.0M	$731.0M	$537.1M	$624.9M	$603.5M	$617.2M	$584.7M	$562.1M	$607.3M	$536.6M	$490.9M	$359.9M	$274.0M
YoY Change	18.79%	7.81%	-28.17%	23.33%	10.33%	8.27%	2.83%	-13.13%	36.1%	-14.05%	3.55%	-2.22%	5.56%	4.02%	-7.44%	13.18%	9.31%	36.4%	31.35%
Operating Profit	$3.069B	$1.998B	$1.787B	$1.256B	$1.117B	$1.172B	$955.0M	$761.0M	$458.0M	$506.2M	$451.2M	$527.0M	$741.1M	$337.4M	$538.3M	$1.243B	$931.8M	$761.5M	$569.3M	$290.0M
YoY Change	53.6%	11.81%	42.28%	12.44%	-4.69%	22.72%	25.49%	66.16%	-9.52%	12.19%	-14.38%	-28.89%	119.65%	-37.32%	-56.7%	33.41%	22.36%	33.76%	96.31%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017
Interest Expense	$3.436B	$1.018B	$224.0M	$261.0M	$643.0M	$463.0M	$1.000M
YoY Change	237.52%	354.46%	-14.18%	-59.41%	38.88%	46200.0%
% of Operating Profit	111.96%	50.95%	12.53%	20.78%	57.56%	39.51%	0.1%
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Pretax Income	$3.069B	$1.998B	$1.787B	$1.256B	$1.157B	$1.196B	$1.049B	$761.0M	$458.0M	$506.1M	$451.3M	$527.0M	$741.1M	$337.4M	$538.3M	$1.243B	$931.8M	$761.6M	$569.3M	$290.0M
YoY Change	53.6%	11.81%	42.28%	8.56%	-3.26%	14.01%	37.84%	66.16%	-9.5%	12.14%	-14.36%	-28.89%	119.65%	-37.32%	-56.7%	33.41%	22.35%	33.78%	96.31%
Income Tax	$257.0M	$156.0M	$151.0M	$77.00M	$68.00M	$71.00M	$256.0M	$62.00M	$43.00M	$47.30M	$33.70M	$30.00M	$53.90M	$60.30M	$54.10M	$128.0M	$63.00M	$27.40M	$33.80M	$19.60M
% Of Pretax Income	8.37%	7.81%	8.45%	6.13%	5.88%	5.94%	24.4%	8.15%	9.39%	9.35%	7.47%	5.69%	7.27%	17.87%	10.05%	10.3%	6.76%	3.6%	5.94%	6.76%
Net Earnings	$600.0M	$380.0M	$1.636B	$1.179B	$1.089B	$1.125B	$793.0M	$699.0M	$49.00M	$44.50M	$37.00M	$40.70M	$61.90M	-$9.600M	$35.80M	$92.60M	$300.5M	$734.2M	$535.5M	$270.4M
YoY Change	57.89%	-76.77%	38.76%	8.26%	-3.2%	41.87%	13.45%	1326.53%	10.11%	20.27%	-9.09%	-34.25%	-744.79%	-126.82%	-61.34%	-69.18%	-59.07%	37.11%	98.04%
Net Earnings / Revenue	7.72%	9.3%	60.28%	53.16%	42.21%	47.55%	41.15%	47.39%	3.9%	3.99%	3.28%	3.41%	4.28%	-0.97%	3.06%	4.24%	14.85%	42.27%	48.72%	43.49%
Basic Earnings Per Share	$5.72	$3.78	$3.27	$2.44	$2.11	$2.30	$1.09	$1.28
Diluted Earnings Per Share	$5.67	$3.751M	$3.24	$2.42	$2.10	$2.28	$1.07	$1.25	$784.0K	$771.2K	$726.9K	$864.1K	$1.394M	-$229.1K	$856.5K	$2.231M	$7.276M	$18.26M	$13.32M	$6.726M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Cash & Short-Term Investments	$3.753B	$3.436B	$2.395B	$4.292B	$2.882B	$2.597B	$1.732B	$1.925B	$1.601B	$1.269B	$1.213B	$1.381B	$1.695B	$1.354B	$807.0M	$943.0M	$522.0M	$669.0M	$408.0M
YoY Change	9.23%	43.47%	-44.2%	48.92%	10.97%	49.94%	-10.03%	20.24%	26.16%	4.62%	-12.17%	-18.53%	25.18%	67.78%	-14.42%	80.65%	-21.97%	63.97%
Cash & Equivalents	$3.753B	$3.436B	$2.395B	$4.292B	$2.882B	$2.597B	$1.732B	$1.925B	$1.601B	$1.269B	$1.213B	$1.381B	$1.695B	$1.354B	$807.0M	$943.0M	$522.0M	$669.0M	$408.0M
Short-Term Investments
Other Short-Term Assets	$64.23B	$25.17B	$22.89B	$15.90B	$9.400B	$7.503B	$20.23B	$24.02B	$21.31B	$15.40B	$13.99B	$12.72B
YoY Change	155.2%	9.96%	43.92%	69.18%	25.28%	-62.92%	-15.76%	12.71%	38.33%	10.09%	10.03%
Inventory
Prepaid Expenses
Receivables	$46.12B	$42.23B	$58.71B	$40.59B	$31.99B	$27.72B	$30.64B	$20.45B	$17.74B	$18.18B	$14.46B	$10.70B	$8.423B	$7.707B	$3.734B	$4.150B	$4.400B	$1.705B	$1.014B
Other Receivables	$0.00	$0.00	$127.0M	$104.0M	$158.0M	$141.0M	$116.0M	$57.00M	$63.00M	$36.00M	$26.00M	$23.00M	$21.00M	$19.00M	$15.00M	$25.00M	$86.00M	$63.00M	$38.00M
Total Short-Term Assets	$114.1B	$70.83B	$84.12B	$60.89B	$44.43B	$37.96B	$52.72B	$46.45B	$40.72B	$34.89B	$29.69B	$24.82B	$10.14B	$9.080B	$4.556B	$5.118B	$5.008B	$2.437B	$1.460B
YoY Change	61.08%	-15.79%	38.15%	37.04%	17.03%	-27.99%	13.51%	14.08%	16.69%	17.54%	19.62%	144.76%	11.66%	99.3%	-10.98%	2.2%	105.5%	66.92%
Property, Plant & Equipment	$201.0M	$212.0M	$186.0M	$168.0M	$180.0M	$20.00M	$14.00M	$13.00M	$34.00M	$32.00M	$32.00M	$35.00M	$36.00M	$41.00M	$42.00M	$44.00M	$35.00M	$21.00M	$21.00M
YoY Change	-5.19%	13.98%	10.71%	-6.67%	800.0%	42.86%	7.69%	-61.76%	6.25%	0.0%	-8.57%	-2.78%	-12.2%	-2.38%	-4.55%	25.71%	66.67%	0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$12.83B	$11.26B	$8.965B	$6.378B	$8.943B	$6.692B	$8.146B	$7.777B	$7.539B	$7.980B	$7.587B	$7.807B	$9.652B	$11.05B	$14.82B	$17.74B	$23.76B	$26.40B	$20.95B
YoY Change	13.89%	25.63%	40.56%	-28.68%	33.64%	-17.85%	4.74%	3.16%	-5.53%	5.18%	-2.82%	-19.12%	-12.66%	-25.43%	-16.47%	-25.31%	-10.0%	26.01%
Other Assets		$31.78B	$15.12B	$27.82B	$17.82B	$15.60B							$10.07B	$7.888B	$6.729B	$4.992B	$5.233B	$3.112B	$1.804B
YoY Change		110.18%	-45.65%	56.09%	14.29%								27.66%	17.22%	34.8%	-4.61%	68.16%	72.51%
Total Long-Term Assets	$14.33B	$44.31B	$25.00B	$34.79B	$27.25B	$22.58B	$8.438B	$8.225B	$8.019B	$8.493B	$8.185B	$8.384B	$20.27B	$19.42B	$22.05B	$23.24B	$29.53B	$29.64B	$22.83B
YoY Change	-67.66%	77.27%	-28.16%	27.69%	20.65%	167.63%	2.59%	2.57%	-5.58%	3.76%	-2.37%	-58.63%	4.35%	-11.93%	-5.12%	-21.31%	-0.37%	29.84%
Total Assets	$128.4B	$115.1B	$109.1B	$95.68B	$71.68B	$60.55B	$61.16B	$54.67B	$48.73B	$43.39B	$37.87B	$33.20B	$30.40B	$28.50B	$26.61B	$28.36B	$34.54B	$32.08B	$24.29B
YoY Change
Accounts Payable	$101.6B	$93.49B	$86.41B	$76.26B	$56.62B	$48.46B	$48.02B	$42.26B	$37.80B	$32.31B	$26.94B	$22.04B	$17.82B	$15.59B	$11.05B	$8.858B	$9.523B	$4.657B	$2.501B
YoY Change	8.68%	8.19%	13.31%	34.69%	16.83%	0.92%	13.64%	11.79%	17.0%	19.93%	22.21%	23.71%	14.27%	41.11%	24.76%	-6.98%	104.49%	86.21%
Accrued Expenses	$454.0M	-$53.00M	$131.0M	$126.0M	$153.0M	$41.00M	$22.00M	$6.000M	$3.000M	$4.000M	$3.000M	$5.000M	$6.000M	$8.000M	$9.000M	$16.00M	$53.00M	$50.00M	$25.00M
YoY Change	-956.6%	-140.46%	3.97%	-17.65%	273.17%	86.36%	266.67%	100.0%	-25.0%	33.33%	-40.0%	-16.67%	-25.0%	-11.11%	-43.75%	-69.81%	6.0%	100.0%
Deferred Revenue
YoY Change
Short-Term Debt	$11.36B	$8.958B	$11.80B	$9.956B	$6.335B	$4.054B	$5.775B	$4.367B	$2.894B	$3.233B	$2.588B	$1.950B	$1.393B	$1.847B	$1.454B	$865.0M	$6.385B	$9.323B	$6.855B
YoY Change	26.86%	-24.06%	18.48%	57.16%	56.27%	-29.8%	32.24%	50.9%	-10.49%	24.92%	32.72%	39.99%	-24.58%	27.03%	68.09%	-86.45%	-31.51%	36.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$114.2B	$103.4B	$98.34B	$86.35B	$63.11B	$52.56B	$5.944B	$46.63B	$40.70B	$35.54B	$29.53B	$24.00B	$19.22B	$17.45B	$1.708B	$1.171B	$15.96B	$14.03B	$9.381B
YoY Change	10.43%	5.13%	13.89%	36.82%	20.08%	784.2%	-87.25%	14.58%	14.49%	20.37%	23.05%	24.87%	10.14%	921.6%	45.86%	-92.66%	13.76%	49.56%
Long-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$101.0M	$295.0M	$206.0M	$443.0M	$460.0M	$301.0M	$165.0M
YoY Change												-100.0%	-65.76%	43.2%	-53.5%	-3.7%	52.82%	82.42%
Other Long-Term Liabilities	$193.0M	$146.0M	$182.0M	$153.0M	$457.0M	$681.0M	$767.0M	$2.145B	$2.617B	$2.561B	$3.154B	$4.286B	$6.156B	$6.125B	$8.763B	$13.48B	$14.32B	$14.79B	$12.43B
YoY Change	32.19%	-19.78%	18.95%	-66.52%	-32.89%	-11.21%	-64.24%	-18.04%	2.19%	-18.8%	-26.41%	-30.38%	0.51%	-30.1%	-34.98%	-5.86%	-3.18%	18.94%
Total Long-Term Liabilities	$193.0M	$146.0M	$182.0M	$153.0M	$457.0M	$681.0M	$767.0M	$2.145B	$2.617B	$2.561B	$3.154B	$4.286B	$6.257B	$6.420B	$8.969B	$13.92B	$14.78B	$15.09B	$12.60B
YoY Change	32.19%	-19.78%	18.95%	-66.52%	-32.89%	-11.21%	-64.24%	-18.04%	2.19%	-18.8%	-26.41%	-31.5%	-2.54%	-28.42%	-35.57%	-5.79%	-2.06%	19.77%
Total Liabilities	$124.8B	$112.3B	$106.7B	$93.73B	$70.22B	$59.27B	$60.07B	$53.70B	$47.87B	$42.62B	$37.16B	$32.60B	$30.86B	$30.53B	$26.03B	$27.84B	$34.13B	$29.28B	$22.12B
YoY Change	11.17%	5.23%	13.86%	33.47%	18.49%	-1.34%	11.87%	12.17%	12.32%	14.68%	13.99%	5.63%	1.1%	17.28%	-6.51%	-18.43%	16.58%	32.38%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Basic Shares Outstanding	105.0M	100.5M	94.17M	79.94M	76.12M	73.44M	69.93M	66.01M
Diluted Shares Outstanding	105.8M	101.3M	95.01M	80.64M	76.83M	74.27M	70.90M	67.30M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $78.576 Billion

About Interactive Brokers Group, Inc.

Interactive Brokers Group, Inc. operates as an investment holding company, which engages in broker or dealer and proprietary trading businesses. The company is headquartered in Greenwich, Connecticut and currently employs 2,969 full-time employees. The company went IPO on 2007-05-04. The firm custody and service accounts for hedge and mutual funds, exchange-traded funds (ETFs), registered investment advisors, proprietary trading groups, introducing brokers and individual investors. The company specializes in routing orders and executing and processing trades in stocks, options, futures, foreign exchange instruments (forex), bonds, mutual funds, ETFs, and precious metals on more than 150 electronic exchanges and market centers. In addition, its customers can use it trading platform to trade certain cryptocurrencies through third-party cryptocurrency service providers that execute, clear and custody the cryptocurrencies. Its key product offerings include IBKR Pro, IBKR Lite, and IBKR Universal Account. IBKRPro offers the lowest cost access to stocks, options, futures, forex, bonds, mutual funds, precious metals, and cryptocurrencies from a single unified platform with no added spreads.

Industry: Security Brokers, Dealers & Flotation Companies Peers: MORGAN STANLEY GOLDMAN SACHS GROUP INC HOULIHAN LOKEY, INC. Jefferies Financial Group Inc. LPL Financial Holdings Inc. Robinhood Markets, Inc. RAYMOND JAMES FINANCIAL INC SCHWAB CHARLES CORP STIFEL FINANCIAL CORP