BGC Financials Bgc Group, Inc.

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 34 d ago Overview →

Growth & profitability

Revenue has grown 7.6% per year over the past 5 years.
Net income has grown faster than revenue (24.9% vs 7.6% per year).
Free cash flow has grown 6.5% per year over the past 5 years.

Financial health

Total debt ($1.8B) exceeds cash ($852M); net debt is $924M.
Total debt has grown in line with revenue (6.1% vs 7.6% per year).

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 25.2% of earnings and 10.5% of free cash flow.
The dividend has declined 8.4% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$2.4B	$155M	0.0%	0.0%	15.9%	3.5%	$373M	$1.8B	$852M
2024	$1.8B	$123M	0.0%	0.0%	13.7%	3.4%	$286M	$1.3B	$712M
2023	$1.6B	$39M	0.0%	0.0%	4.4%	1.2%	$390M	$1.2B	$656M
2022	$1.4B	$59M	0.0%	0.0%	8.8%	1.9%	$214M	$1.1B	$485M
2021	$1.7B	$153M	0.0%	0.0%	24.8%	4.6%	$407M	$1.1B	$554M
2020	$1.7B	$51M	0.0%	0.0%	6.8%	1.3%	$272M	$1.3B	$596M
2019	$1.8B	$44M	0.0%	0.0%	6.5%	1.1%	$194M	$1.1B	$415M
2018	$1.6B	$202M	0.0%	0.0%	26.3%	5.9%	—	$769M	$337M
2017	—	$51M	—	—	8.1%	0.9%	—	$581M	$513M
2016	—	$185M	—	—	15.6%	3.7%	—	$966M	$536M
2015	—	$160M	—	—	25.2%	4.0%	—	$841M	$563M
2014	—	-$3M	—	—	-0.8%	-0.1%	—	$707M	$711M
2013	—	$71M	—	—	15.3%	3.4%	$143M	$408M	$717M
2012	—	$24M	—	—	7.1%	1.5%	$134M	$451M	$388M
2011	—	$20M	—	—	6.4%	1.4%	$58M	$346M	$370M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jun '26	$696M	$72M	0.0%	0.0%	6.6%	1.3%	$157M	$1.8B	$767M
Mar '26	$798M	$84M	0.0%	0.0%	7.7%	1.4%	$15M	$1.8B	$781M
Dec '25	$639M	$14M	0.0%	0.0%	1.5%	0.3%	$175M	$1.8B	$852M
Sep '25	$621M	$28M	0.0%	0.0%	2.9%	0.5%	$137M	$1.8B	$775M
Jun '25	$648M	$58M	0.0%	0.0%	6.2%	1.2%	$65M	$1.9B	$828M
Mar '25	$535M	$55M	0.0%	0.0%	5.7%	1.1%	-$4M	$1.7B	$966M
Dec '24	$475M	$25M	0.0%	0.0%	2.8%	0.7%	$246M	$1.3B	$712M
Sep '24	$449M	$15M	0.0%	0.0%	1.7%	0.3%	$79M	$1.4B	$563M
Jun '24	$435M	$38M	0.0%	0.0%	4.4%	0.9%	-$63M	$1.4B	$572M
Mar '24	$454M	$49M	0.0%	0.0%	5.4%	1.1%	$25M	$945M	$567M
Dec '23	$426M	$20M	0.0%	0.0%	2.3%	0.6%	$168M	$1.2B	$656M
Sep '23	$386M	$17M	0.0%	0.0%	2.0%	0.4%	$311M	$1.2B	$560M
Jun '23	$385M	-$20M	0.0%	0.0%	-2.7%	-0.5%	-$110M	$1.4B	$526M
Mar '23	$411M	$19M	0.0%	0.0%	2.6%	0.4%	$22M	$1.1B	$493M
Dec '22	$349M	$2M	0.0%	0.0%	0.3%	0.1%	$88M	$1.1B	$485M
Sep '22	$331M	$6M	0.0%	0.0%	0.9%	0.1%	$75M	$1.1B	$473M
Jun '22	$339M	$15M	0.0%	0.0%	2.2%	0.3%	$61M	$1.1B	$496M
Mar '22	$387M	$26M	0.0%	0.0%	3.8%	0.5%	-$11M	$1.1B	$509M
Dec '21	$384M	$76M	0.0%	0.0%	12.3%	2.3%	$109M	$1.1B	$554M
Sep '21	$396M	-$11M	0.0%	0.0%	-1.8%	-0.2%	$106M	$1.4B	$451M

Valuation over time

How the market has priced BGC against its own fundamentals since 2023-07 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 38.3× (Jul '23) to 37.2× (Sep '26).
The price-to-sales ratio has risen from 1.6× (Jul '23) to 2.4× (Sep '26).
The dividend yield has risen from 0.7% (Jul '23) to 0.7% (Sep '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is BGC growing its revenue and profit?

Over the past 5 years, Bgc Group, Inc.'s revenue has grown 7.6% per year, and net income grown 24.9% per year. These are computed facts, not advice.

How much debt does BGC have?

As of FY2025, Bgc Group, Inc. reported $1.8B of total debt against $852M of cash.

What is BGC's profit margin?

In FY2025, gross margin was —, operating margin —, and net margin 6.3%.

What is BGC's P/E ratio?

As of Sep '26, Bgc Group, Inc. traded at a price-to-earnings ratio of about 37.2× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.