Cash flow Interactive Brokers Group, Inc.

Equities

IBKR

US45841N1072

Investment Banking & Brokerage Services

Market Closed - Nasdaq Other stock markets 16:00:00 2025-12-05 EST			5-day change	1st Jan Change
64.50 ^USD	-2.20%		-0.80%	+46.03%

12-05	Goldman Sachs Adjusts Price Target on Interactive Brokers Group to $85 From $86, Maintains Buy Rating	MT
12-02	Goldman Sachs Adjusts Price Target on Interactive Brokers Group to $86 From $91, Maintains Buy Rating	MT

0b753f1608e9d56b63be31c3a3f5a.nD7kZCviK-BU16V5oDEnGHoINeZ9I3lqYSvrU4fN56U.11ijM2G2TY9gvZQm_1NARy5iT8sedBQgUUaJOO-S1ZX6eZEuW7ZxpA6cnQ

Published financial data: INTERACTIVE BROKERS GROUP, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Interest and Dividend Income, Total	1.13B	1.37B	2.69B	6.23B	7.34B
Interest Expense, Total	261M	224M	1.02B	3.44B	4.19B
Net Interest Income	872M	1.15B	1.67B	2.79B	3.15B
Brokerage Commission	1.11B	1.35B	1.32B	1.36B	1.7B
Trading and Principal Transactions	-	-	-	-	-
Gain (Loss) on Sale of Investments, Total (Rev)	81M	-40M	-47M	14M	12M
Other Revenues, Total	172M	293M	224M	252M	343M
Revenues Before Provison For Loan Losses	2.24B	2.75B	3.17B	4.42B	5.2B
Total Revenues	2.24B	2.75B	3.17B	4.42B	5.2B
Salaries And Other Employee Benefits	325M	399M	454M	527M	574M
Cost of Services Provided, Total	521M	525M	612M	737M	901M
Provision for Bad Debts	12M	3M	3M	7M	15M
Total Operating Expenses	858M	927M	1.07B	1.27B	1.49B
Operating Income	1.38B	1.82B	2.1B	3.15B	3.71B
Currency Exchange Gains (Loss)	-19M	-37M	-100M	-80M	-15M
Other Non Operating Income (Expenses)	-	-	-	-	-
EBT, Excl. Unusual Items	1.36B	1.79B	2B	3.07B	3.7B
Restructuring Charges	-	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	-
Other Unusual Items	-104M	-	-	-	-
EBT, Incl. Unusual Items	1.26B	1.79B	2B	3.07B	3.7B
Income Tax Expense	77M	151M	156M	257M	288M
Earnings From Continuing Operations	1.18B	1.64B	1.84B	2.81B	3.41B
Net Income to Company	1.18B	1.64B	1.84B	2.81B	3.41B
Minority Interest	-984M	-1.33B	-1.46B	-2.21B	-2.65B
Net Income - (IS)	195M	308M	380M	600M	755M
Net Income to Common Incl Extra Items	195M	308M	380M	600M	755M
Net Income to Common Excl. Extra Items	195M	308M	380M	600M	755M
Per Share Items
Net EPS - Basic	0.61	0.82	0.95	1.43	1.75
Basic EPS - Continuing Operations	0.61	0.82	0.95	1.43	1.75
Basic Weighted Average Shares Outstanding	320M	377M	402M	420M	432M
Net EPS - Diluted	0.6	0.81	0.94	1.42	1.73
Diluted EPS - Continuing Operations	0.6	0.81	0.94	1.42	1.73
Diluted Weighted Average Shares Outstanding	323M	380M	405M	423M	436M
Normalized Basic EPS	-0.42	-0.56	-0.53	-0.7	-0.79
Normalized Diluted EPS	-0.42	-0.56	-0.53	-0.69	-0.79
Dividend Per Share	0.1	0.1	0.1	0.1	0.21
Payout Ratio	16.41	12.34	10.53	7	12.19
American Depositary Receipts Ratio (ADR)	0.06	0.06	0.06	0.06	0.06
Supplemental Items
Total Revenues (As Reported)	-	-	-	4.34B	5.18B
Effective Tax Rate - (Ratio)	6.13	8.45	7.81	8.37	7.79
Current Domestic Taxes	25M	70M	67M	118M	155M
Current Foreign Taxes	43M	58M	69M	109M	135M
Total Current Taxes	68M	128M	136M	227M	290M
Deferred Domestic Taxes	14M	19M	25M	31M	-1M
Deferred Foreign Taxes	-5M	4M	-5M	-1M	-1M
Total Deferred Taxes	9M	23M	20M	30M	-2M
Normalized Net Income	-134M	-211M	-213M	-294M	-343M
Supplemental Operating Expense Items
Stock-Based Comp., Other (Total)	65M	80M	92M	100M	112M
Total Stock-Based Compensation	65M	80M	92M	100M	112M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	4.29B	2.4B	3.44B	3.75B	3.63B
Cash & Securities Segregated	43.72B	38.01B	56.95B	64.23B	64.45B
Securities Owned	630M	673M	485M	1.49B	1.92B
Securities Purchased Under Agreements To Resell	792M	4.38B	6.03B	5.5B	6.58B
Securities Borrowed	4.96B	3.91B	4.75B	5.84B	5.37B
Accounts Receivable, Total	40.6B	58.72B	42.25B	46.14B	66.66B
Other Receivables	104M	127M	341M	375M	446M
Gross Property Plant And Equipment	198M	226M	270M	281M	212M
Accumulated Depreciation	-30M	-40M	-58M	-80M	-51M
Net Property Plant And Equipment	168M	186M	212M	201M	161M
Other Intangibles, Total	37M	46M	48M	43M	48M
Investment In Debt and Equity Securities	93M	69M	52M	68M	63M
Deferred Tax Assets Long-Term (Collected)	215M	242M	241M	245M	250M
Other Long-Term Assets, Total	68M	349M	356M	544M	568M
Total Assets	95.68B	109B	115B	128B	150B
Liabilities
Accounts Payable, Total	76.23B	86.55B	93.7B	102B	116B
Accrued Expenses, Total	6M	8M	193M	311M	311M
Short-Term Borrowings	9.99B	11.83B	8.98B	11.47B	16.42B
Current Portion of Leases	21M	25M	30M	34M	30M
Long-Term Leases	99M	98M	110M	109M	91M
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	120M	150M	299M	400M	394M
Deferred Tax Liability Non-Current	10M	12M	9M	14M	13M
Other Non Current Liabilities	199M	222M	214M	210M	195M
Total Liabilities	86.68B	98.89B	104B	114B	134B
Common Stock, Total	1M	1M	1M	1M	1M
Additional Paid In Capital	1.24B	1.44B	1.58B	1.73B	1.82B
Retained Earnings	683M	953M	1.29B	1.85B	2.52B
Treasury Stock	-3M	-5M	-6M	-3M	-7M
Comprehensive Income and Other	26M	4M	-22M	8M	-45M
Total Common Equity	1.95B	2.4B	2.85B	3.58B	4.28B
Minority Interest	7.05B	7.83B	8.77B	10.48B	12.32B
Total Equity	9B	10.22B	11.62B	14.07B	16.6B
Total Liabilities And Equity	95.68B	109B	115B	128B	150B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	363M	393M	412M	428M	436M
ECS Total Common Shares Outstanding	363M	393M	412M	428M	436M
Book Value / Share	5.37	6.1	6.92	8.37	9.83
Tangible Book Value	1.91B	2.35B	2.8B	3.54B	4.23B
Tangible Book Value Per Share	5.27	5.98	6.8	8.27	9.71
Total Debt	10.11B	11.95B	9.12B	11.62B	16.54B
Net Debt	-44.28B	-37.42B	-62.53B	-69.19B	-65.4B
Equity Method Investments, Total	11M	123M	121M	142M	172M
Full Time Employees	2.03K	2.57K	2.82K	2.93K	3K

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	195M	308M	380M	600M	755M
Depreciation, Depletion & Amortization	62M	74M	84M	94M	96M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Total Depreciation, Depletion & Amortization	62M	74M	84M	94M	96M
(Gain) Loss on Sale of Investments - (CF)	-50M	9M	8M	-14M	-12M
Total Asset Writedown	14M	-	1M	-	-
Stock-Based Compensation (CF)	65M	80M	92M	100M	112M
Provision and Write-off of Bad Debts	13M	3M	3M	7M	15M
Change in Accounts Receivable	-8.04B	-15.6B	16.17B	-5.72B	-19.98B
Change in Accounts Payable	19.63B	9.75B	7.56B	7.82B	14.33B
Change in Other Net Operating Assets (Collected)	-4.82B	9.91B	-21.82B	-588M	10.72B
Other Operating Activities	996M	1.36B	1.48B	2.25B	2.68B
Cash from Operations	8.07B	5.9B	3.97B	4.54B	8.72B
Capital Expenditure	-50M	-77M	-69M	-49M	-49M
Investment in Marketable and Equity Securities, Total	-5M	-116M	-5M	-26M	-40M
Other Investing Activities, Total	5M	5M	7M	23M	45M
Cash from Investing	-50M	-188M	-67M	-52M	-44M
Short Term Debt Issued, Total	122M	1.43B	-	-	-
Total Debt Issued	122M	1.43B	-	-	-
Short Term Debt Repaid, Total	-20M	-1.52B	-9M	-1M	-3M
Total Debt Repaid	-20M	-1.52B	-9M	-1M	-3M
Issuance of Common Stock	18M	26M	23M	34M	56M
Repurchase of Common Stock	-17M	-27M	-20M	-34M	-54M
Common Dividends Paid	-32M	-38M	-40M	-42M	-92M
Common & Preferred Stock Dividends Paid	-32M	-38M	-40M	-42M	-92M
Other Financing Activities, Total	-300M	-392M	-424M	-581M	-740M
Cash from Financing	-229M	-523M	-470M	-624M	-833M
Foreign Exchange Rate Adjustments	124M	-97M	-111M	122M	-207M
Net Change in Cash	7.91B	5.09B	3.32B	3.99B	7.64B
Supplemental Items
Cash Interest Paid	284M	222M	833M	3.32B	4.19B
Cash Income Tax Paid (Refund)	64M	114M	148M	228M	279M
Net Debt Issued / Repaid	102M	-92M	-9M	-1M	-3M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	1.41	1.6	1.64	2.31	2.45
Return On Equity %	13.92	17.02	16.87	21.9	22.22
Return on Common Equity	11.46	14.17	14.5	18.66	19.2
Margin Analysis
Gross Profit Margin %	85.74	90.22	88.73	90.34	90.65
SG&A Margin	23.56	23.81	22.39	18.94	19.02
Income From Continuing Operations Margin %	52.7	59.47	58.16	63.62	65.52
Net Income Margin %	8.72	11.2	12	13.57	14.52
Net Avail. For Common Margin %	8.72	11.2	12	13.57	14.52
Normalized Net Income Margin	-5.99	-7.67	-6.73	-6.65	-6.59
Asset Turnover
Asset Turnover	0.03	0.03	0.03	0.04	0.04
Short Term Liquidity
Current Ratio	1.1	1.1	1.11	1.12	1.12
Quick Ratio	1.1	1.1	1.11	1.12	1.12
Operating Cash Flow to Current Liabilities	0.09	0.06	0.04	0.04	0.07
Long Term Solvency
Total Debt/Equity	112.28	116.91	78.48	82.58	99.67
Total Debt / Total Capital	52.89	53.9	43.97	45.23	49.92
LT Debt/Equity	1.1	0.96	0.95	0.77	0.55
Long-Term Debt / Total Capital	0.52	0.44	0.53	0.42	0.27
Total Liabilities / Total Assets	90.59	90.63	89.91	89.05	88.95
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	12.13	22.98	15.12	39.56	17.65
Gross Profit, 1 Yr. Growth %	11.58	29.41	13.22	42.1	18.06
Earnings From Cont. Operations, 1 Yr. Growth %	8.26	38.76	12.59	52.66	21.16
Net Income, 1 Yr. Growth %	21.12	57.95	23.38	57.89	25.83
Normalized Net Income, 1 Yr. Growth %	-24.98	57.56	1.01	37.81	16.59
Diluted EPS Before Extra, 1 Yr. Growth %	15.24	33.88	15.74	51.2	22.22
Common Equity, 1 Yr. Growth %	34.37	22.76	18.91	25.84	19.42
Total Assets, 1 Yr. Growth %	33.49	14.04	5.53	11.53	17.07
Tangible Book Value, 1 Yr. Growth %	34.98	22.73	19.2	26.46	19.51
Cash From Operations, 1 Yr. Growth %	202.63	-26.92	-32.7	14.52	91.99
Capital Expenditures, 1 Yr. Growth %	-32.43	54	-10.39	-28.99	0
Dividend Per Share, 1 Yr. Growth %	0	0	0	0	112.5
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	7.88	17.37	18.98	26.76	28.14
Gross Profit, 2 Yr. CAGR %	8.54	20.09	21.04	26.84	29.52
Earnings From Cont. Operations, 2 Yr. CAGR %	2.37	22.57	24.99	31.1	36
Net Income, 2 Yr. CAGR %	7.42	38.31	39.6	39.57	40.96
Normalized Net Income, 2 Yr. CAGR %	-19.83	1.51	26.15	17.98	26.76
Diluted EPS Before Extra, 2 Yr. CAGR %	3.02	24.21	24.48	32.29	35.94
Common Equity, 2 Yr. CAGR %	23.36	28.43	20.82	22.33	22.59
Total Assets, 2 Yr. CAGR %	25.71	23.38	9.7	8.49	14.19
Tangible Book Value, 2 Yr. CAGR %	23.79	28.71	20.95	22.78	22.94
Cash From Operations, 2 Yr. CAGR %	85.05	48.71	-29.87	-12.21	48.28
Capital Expenditures, 2 Yr. CAGR %	17.85	2.01	17.47	-20.23	-15.73
Dividend Per Share, 2 Yr. CAGR %	0	0	0	0	45.77
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	12.27	12.7	16.62	25.48	23.64
Gross Profit, 3 Yr. CAGR %	13.49	15.09	17.75	27.69	23.84
Earnings From Cont. Operations, 3 Yr. CAGR %	14.13	13.29	19.15	33.61	27.7
Net Income, 3 Yr. CAGR %	36.9	22.15	33.14	45.45	34.83
Normalized Net Income, 3 Yr. CAGR %	36.55	0.42	1.34	29.92	17.51
Diluted EPS Before Extra, 3 Yr. CAGR %	31.26	12.43	21.32	32.82	28.84
Common Equity, 3 Yr. CAGR %	21.42	23.16	25.18	22.47	21.35
Total Assets, 3 Yr. CAGR %	16.09	21.69	17.12	10.31	11.23
Tangible Book Value, 3 Yr. CAGR %	21.73	23.44	25.46	22.76	21.68
Cash From Operations, 3 Yr. CAGR %	96.4	35.77	14.17	-17.42	13.95
Capital Expenditures, 3 Yr. CAGR %	21.32	28.84	-2.3	-0.67	-13.99
Dividend Per Share, 3 Yr. CAGR %	0	0	0	0	28.56
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	9.91	13.89	14.91	18.12	21.09
Gross Profit, 5 Yr. CAGR %	10.99	16.39	16.45	19.65	22.33
Earnings From Cont. Operations, 5 Yr. CAGR %	23.22	18.54	18.36	20.11	25.62
Net Income, 5 Yr. CAGR %	31.82	29.67	37.97	28.84	36.21
Normalized Net Income, 5 Yr. CAGR %	86.9	8.66	32.29	7.11	10.83
Diluted EPS Before Extra, 5 Yr. CAGR %	25.41	20.98	28.51	19.99	26.97
Common Equity, 5 Yr. CAGR %	17.72	19.72	21.18	22.83	24.14
Total Assets, 5 Yr. CAGR %	14.44	14.82	13.49	16.23	15.94
Tangible Book Value, 5 Yr. CAGR %	18.1	19.95	21.42	23.17	24.44
Cash From Operations, 5 Yr. CAGR %	61.91	56.16	30.09	14.04	26.76
Capital Expenditures, 5 Yr. CAGR %	10.76	23.32	19.77	6.36	-7.91
Dividend Per Share, 5 Yr. CAGR %	0	0	0	0	16.27