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 Aug 16, 2026, 10:12 UTC 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 38.4× (Jul '23) to 35.0× (Nov '26).
The price-to-sales ratio has risen from 1.6× (Jul '23) to 2.2× (Nov '26).
The dividend yield has risen from 0.7% (Jul '23) to 0.7% (Nov '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?

Bgc Group, Inc.'s P/E (TTM) is 27.30 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the BGC stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 35.0× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.