Cash flow Interactive Brokers Group, Inc.

Equities

IBKR

US45841N1072

Investment Banking & Brokerage Services

Market Closed - Nasdaq Other stock markets 16:00:00 2024-09-13 EDT			5-day change	1st Jan Change
128.07 ^USD	+3.62%		+4.51%	+54.49%

09-13	Sector Update: Financial Stocks Advance Late Afternoon	MT
09-13	Sector Update: Financial Stocks Advance Friday Afternoon	MT

6b975f0f879d699d8d9e.E19IW7dkFr4N_IA1wW3FW9mtbnwCBAdrSrgEtssS0c0.QC0cGscHXvJ0iPhlkQ-UPJzvQy5tbmQIHucx96pnh4RZBiMO-lBY9Hyk7w

Published financial data: INTERACTIVE BROKERS GROUP, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Interest and Dividend Income, Total	1.73B	1.13B	1.37B	2.69B	6.23B
Interest Expense, Total	643M	261M	224M	1.02B	3.44B
Net Interest Income	1.08B	872M	1.15B	1.67B	2.79B
Brokerage Commission	706M	1.11B	1.35B	1.32B	1.36B
Trading and Principal Transactions	27M	-	-	-	-
Gain (Loss) on Sale of Investments, Total (Rev)	24M	81M	-40M	-47M	14M
Other Revenues, Total	157M	172M	293M	224M	252M
Revenues Before Provison For Loan Losses	2B	2.24B	2.75B	3.17B	4.42B
Total Revenues	2B	2.24B	2.75B	3.17B	4.42B
Salaries And Other Employee Benefits	288M	325M	399M	454M	527M
Cost of Services Provided, Total	448M	521M	525M	612M	737M
Provision for Bad Debts	2M	12M	3M	3M	7M
Total Operating Expenses	738M	858M	927M	1.07B	1.27B
Operating Income	1.26B	1.38B	1.82B	2.1B	3.15B
Currency Exchange Gains (Loss)	-60M	-19M	-37M	-100M	-80M
Other Non Operating Income (Expenses)	-	-	-	-	-
EBT, Excl. Unusual Items	1.2B	1.36B	1.79B	2B	3.07B
Restructuring Charges	-	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	-
Other Unusual Items	-42M	-104M	-	-	-
EBT, Incl. Unusual Items	1.16B	1.26B	1.79B	2B	3.07B
Income Tax Expense	68M	77M	151M	156M	257M
Earnings From Continuing Operations	1.09B	1.18B	1.64B	1.84B	2.81B
Net Income to Company	1.09B	1.18B	1.64B	1.84B	2.81B
Minority Interest	-928M	-984M	-1.33B	-1.46B	-2.21B
Net Income - (IS)	161M	195M	308M	380M	600M
Net Income to Common Incl Extra Items	161M	195M	308M	380M	600M
Net Income to Common Excl. Extra Items	161M	195M	308M	380M	600M
Per Share Items
Net EPS - Basic	2.12	2.44	3.27	3.78	5.72
Basic EPS - Continuing Operations	2.12	2.44	3.27	3.78	5.72
Basic Weighted Average Shares Outstanding	76.12M	79.94M	94.17M	100M	105M
Net EPS - Diluted	2.1	2.42	3.24	3.75	5.67
Diluted EPS - Continuing Operations	2.1	2.42	3.24	3.75	5.67
Diluted Weighted Average Shares Outstanding	76.83M	80.64M	95.01M	101M	106M
Normalized Basic EPS	-2.35	-1.68	-2.24	-2.12	-2.8
Normalized Diluted EPS	-2.33	-1.66	-2.22	-2.11	-2.78
Dividend Per Share	0.4	0.4	0.4	0.4	0.4
Payout Ratio	19.25	16.41	12.34	10.53	7
Supplemental Items
Total Revenues (As Reported)	2.58B	-	-	-	4.34B
Effective Tax Rate - (Ratio)	5.88	6.13	8.45	7.81	8.37
Current Domestic Taxes	22M	25M	70M	67M	118M
Current Foreign Taxes	22M	43M	58M	69M	109M
Total Current Taxes	44M	68M	128M	136M	227M
Deferred Domestic Taxes	24M	14M	19M	25M	31M
Deferred Foreign Taxes	-	-5M	4M	-5M	-1M
Total Deferred Taxes	24M	9M	23M	20M	30M
Normalized Net Income	-179M	-134M	-211M	-213M	-294M
Supplemental Operating Expense Items
Stock-Based Comp., Other (Total)	60M	65M	80M	92M	100M
Total Stock-Based Compensation	60M	65M	80M	92M	100M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	2.88B	4.29B	2.4B	3.44B	3.75B
Cash & Securities Segregated	27.22B	43.72B	38.01B	56.95B	64.23B
Securities Owned	1.92B	630M	673M	485M	1.49B
Securities Purchased Under Agreements To Resell	3.11B	792M	4.38B	6.03B	5.5B
Securities Borrowed	3.92B	4.96B	3.91B	4.75B	5.84B
Accounts Receivable, Total	32B	40.6B	58.72B	42.25B	46.14B
Other Receivables	181M	104M	127M	341M	375M
Gross Property Plant And Equipment	214M	198M	226M	270M	281M
Accumulated Depreciation	-34M	-30M	-40M	-58M	-80M
Net Property Plant And Equipment	180M	168M	186M	212M	201M
Other Intangibles, Total	34M	37M	46M	48M	43M
Investment In Debt and Equity Securities	44M	93M	69M	52M	68M
Trading Asset Securities, Total	-	-	-	-	-
Deferred Tax Assets Long-Term (Collected)	132M	215M	242M	241M	245M
Other Long-Term Assets, Total	57M	68M	349M	356M	544M
Total Assets	71.68B	95.68B	109B	115B	128B
Liabilities
Accounts Payable, Total	56.64B	76.23B	86.55B	93.7B	102B
Accrued Expenses, Total	29M	6M	8M	193M	311M
Short-Term Borrowings	6.61B	9.99B	11.83B	8.98B	11.47B
Current Portion of Leases	19M	21M	25M	30M	34M
Long-Term Leases	105M	99M	98M	110M	109M
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	183M	120M	150M	299M	400M
Deferred Tax Liability Non-Current	4M	10M	12M	9M	14M
Other Non Current Liabilities	152M	199M	222M	214M	210M
Total Liabilities	63.74B	86.68B	98.89B	104B	114B
Common Stock, Total	1M	1M	1M	1M	1M
Additional Paid In Capital	934M	1.24B	1.44B	1.58B	1.73B
Retained Earnings	520M	683M	953M	1.29B	1.85B
Treasury Stock	-3M	-3M	-5M	-6M	-3M
Comprehensive Income and Other	-	26M	4M	-22M	8M
Total Common Equity	1.45B	1.95B	2.4B	2.85B	3.58B
Minority Interest	6.49B	7.05B	7.83B	8.77B	10.48B
Total Equity	7.94B	9B	10.22B	11.62B	14.07B
Total Liabilities And Equity	71.68B	95.68B	109B	115B	128B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	76.75M	90.78M	98.23M	103M	107M
ECS Total Common Shares Outstanding	76.75M	90.77M	98.2M	103M	107M
Book Value / Share	18.92	21.49	24.39	27.68	33.48
Tangible Book Value	1.42B	1.91B	2.35B	2.8B	3.54B
Tangible Book Value Per Share	18.48	21.09	23.92	27.21	33.08
Total Debt	6.73B	10.11B	11.95B	9.12B	11.62B
Net Debt	-32.32B	-44.28B	-37.42B	-62.53B	-69.19B
Equity Method Investments, Total	22M	11M	123M	121M	142M
Full Time Employees	1.64K	2.03K	2.57K	2.82K	2.93K

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	161M	195M	308M	380M	600M
Depreciation, Depletion & Amortization	52M	62M	74M	84M	94M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Total Depreciation, Depletion & Amortization	52M	62M	74M	84M	94M
(Gain) Loss on Sale of Investments - (CF)	-8M	-50M	9M	8M	-14M
Total Asset Writedown	1M	14M	-	1M	-
Stock-Based Compensation (CF)	60M	65M	80M	92M	100M
Provision and Write-off of Bad Debts	44M	13M	3M	3M	7M
Change in Accounts Receivable	-4.33B	-8.04B	-15.6B	16.17B	-5.72B
Change in Accounts Payable	8.26B	19.63B	9.75B	7.56B	7.82B
Change in Other Net Operating Assets (Collected)	-2.52B	-4.82B	9.91B	-21.82B	-588M
Other Operating Activities	952M	996M	1.36B	1.48B	2.25B
Cash from Operations	2.67B	8.07B	5.9B	3.97B	4.54B
Capital Expenditure	-74M	-50M	-77M	-69M	-49M
Investment in Marketable and Equity Securities, Total	-19M	-5M	-116M	-5M	-26M
Other Investing Activities, Total	4M	5M	5M	7M	23M
Cash from Investing	-89M	-50M	-188M	-67M	-52M
Short Term Debt Issued, Total	-	122M	1.43B	-	-
Total Debt Issued	-	122M	1.43B	-	-
Short Term Debt Repaid, Total	-1M	-20M	-1.52B	-9M	-1M
Total Debt Repaid	-1M	-20M	-1.52B	-9M	-1M
Issuance of Common Stock	26M	18M	26M	23M	34M
Repurchase of Common Stock	-27M	-17M	-27M	-20M	-34M
Common Dividends Paid	-31M	-32M	-38M	-40M	-42M
Common & Preferred Stock Dividends Paid	-31M	-32M	-38M	-40M	-42M
Other Financing Activities, Total	-386M	-300M	-392M	-424M	-581M
Cash from Financing	-419M	-229M	-523M	-470M	-624M
Foreign Exchange Rate Adjustments	24M	124M	-97M	-111M	122M
Net Change in Cash	2.18B	7.91B	5.09B	3.32B	3.99B
Supplemental Items
Cash Interest Paid	654M	284M	222M	833M	3.32B
Cash Income Tax Paid (Refund)	51M	64M	114M	148M	228M
Net Debt Issued / Repaid	-1M	102M	-92M	-9M	-1M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	1.65	1.41	1.6	1.64	2.31
Return On Equity %	14.43	13.92	17.02	16.87	21.9
Return on Common Equity	11.78	11.46	14.17	14.5	18.66
Margin Analysis
Gross Profit Margin %	86.18	85.74	90.22	88.73	90.34
SG&A Margin	23.03	23.56	23.81	22.39	18.94
Income From Continuing Operations Margin %	54.53	52.7	59.47	58.16	63.62
Net Income Margin %	8.06	8.72	11.2	12	13.57
Net Avail. For Common Margin %	8.06	8.72	11.2	12	13.57
Normalized Net Income Margin	-8.94	-5.99	-7.67	-6.73	-6.65
Asset Turnover
Asset Turnover	0.03	0.03	0.03	0.03	0.04
Short Term Liquidity
Current Ratio	1.12	1.1	1.1	1.11	1.12
Quick Ratio	1.12	1.1	1.1	1.11	1.12
Operating Cash Flow to Current Liabilities	0.04	0.09	0.06	0.04	0.04
Long Term Solvency
Total Debt/Equity	84.8	112.28	116.91	78.48	82.58
Total Debt / Total Capital	45.89	52.89	53.9	43.97	45.23
LT Debt/Equity	1.32	1.1	0.96	0.95	0.77
Long-Term Debt / Total Capital	0.72	0.52	0.44	0.53	0.42
Total Liabilities / Total Assets	88.92	90.59	90.63	89.91	89.05
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	5.66	12.13	22.98	15.12	39.56
Gross Profit, 1 Yr. Growth %	7.83	11.58	29.41	13.22	42.1
Earnings From Cont. Operations, 1 Yr. Growth %	-3.2	8.26	38.76	12.59	52.66
Net Income, 1 Yr. Growth %	-4.73	21.12	57.95	23.38	57.89
Normalized Net Income, 1 Yr. Growth %	-21.83	-24.98	57.56	1.01	37.81
Diluted EPS Before Extra, 1 Yr. Growth %	-7.89	15.24	33.88	15.74	51.2
Common Equity, 1 Yr. Growth %	13.26	34.37	22.76	18.91	25.84
Total Assets, 1 Yr. Growth %	18.38	33.49	14.04	5.53	11.53
Tangible Book Value, 1 Yr. Growth %	13.53	34.98	22.73	19.2	26.46
Cash From Operations, 1 Yr. Growth %	13.16	202.63	-26.92	-32.7	14.52
Capital Expenditures, 1 Yr. Growth %	105.56	-32.43	54	-10.39	-28.99
Dividend Per Share, 1 Yr. Growth %	0	0	0	0	0
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	12.39	7.88	17.37	18.98	26.76
Gross Profit, 2 Yr. CAGR %	14.53	8.54	20.09	21.04	26.84
Earnings From Cont. Operations, 2 Yr. CAGR %	17.19	2.37	22.57	24.99	31.1
Net Income, 2 Yr. CAGR %	45.55	7.42	38.31	39.6	39.57
Normalized Net Income, 2 Yr. CAGR %	84.24	-19.83	1.51	26.15	17.98
Diluted EPS Before Extra, 2 Yr. CAGR %	40.09	3.02	24.21	24.48	32.29
Common Equity, 2 Yr. CAGR %	15.42	23.36	28.43	20.82	22.33
Total Assets, 2 Yr. CAGR %	8.25	25.71	23.38	9.7	8.49
Tangible Book Value, 2 Yr. CAGR %	15.61	23.79	28.71	20.95	22.78
Cash From Operations, 2 Yr. CAGR %	58.22	85.05	48.71	-29.87	-12.21
Capital Expenditures, 2 Yr. CAGR %	62.57	17.85	2.01	17.47	-20.23
Dividend Per Share, 2 Yr. CAGR %	0	0	0	0	0
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	11.62	12.27	12.7	16.62	25.48
Gross Profit, 3 Yr. CAGR %	13.99	13.49	15.09	17.75	27.69
Earnings From Cont. Operations, 3 Yr. CAGR %	15.93	14.13	13.29	19.15	33.61
Net Income, 3 Yr. CAGR %	24.22	36.9	22.15	33.14	45.45
Normalized Net Income, 3 Yr. CAGR %	8.62	36.55	0.42	1.34	29.92
Diluted EPS Before Extra, 3 Yr. CAGR %	18.88	31.26	12.43	21.32	32.82
Common Equity, 3 Yr. CAGR %	14.24	21.42	23.16	25.18	22.47
Total Assets, 3 Yr. CAGR %	9.45	16.09	21.69	17.12	10.31
Tangible Book Value, 3 Yr. CAGR %	14.44	21.73	23.44	25.46	22.76
Cash From Operations, 3 Yr. CAGR %	61.32	96.4	35.77	14.17	-17.42
Capital Expenditures, 3 Yr. CAGR %	39.94	21.32	28.84	-2.3	-0.67
Dividend Per Share, 3 Yr. CAGR %	0	0	0	0	0
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %