Interactive Brokers Group (IBKR) Financials

$62.24 -0.54 (-0.86%)

Closing price 04:00 PM Eastern

Extended Trading

$62.25 +0.01 (+0.02%)

As of 07:59 PM Eastern

Annual Income Statements for Interactive Brokers Group

This table shows Interactive Brokers Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	45	49	84	76	169	161	195	308	380	600	755
Consolidated Net Income / (Loss)	459	415	699	793	1,125	1,089	1,179	1,636	1,842	2,812	3,407
Net Income / (Loss) Continuing Operations	459	415	699	793	1,125	1,089	1,179	1,636	1,842	2,812	3,407
Total Pre-Tax Income	506	458	761	1,049	1,196	1,157	1,256	1,787	1,998	3,069	3,695
Total Revenue	1,043	1,189	1,396	1,702	1,903	1,937	2,218	2,714	3,067	4,340	5,185
Net Interest Income / (Expense)	0.00	0.00	0.00	683	929	1,083	872	1,148	1,668	2,794	3,148
Total Interest Income	0.00	0.00	0.00	908	1,392	1,726	1,133	1,372	1,668	2,794	7,339
Investment Securities Interest Income	-	-	-	-	1,392	1,726	1,133	1,372	2,686	6,230	7,339
Total Interest Expense	0.00	0.00	0.00	225	463	643	261	224	0.00	0.00	4,191
Long-Term Debt Interest Expense	-	-	-	-	463	643	261	224	-	-	4,191
Total Non-Interest Income	1,043	1,189	1,396	1,019	974	854	1,346	1,566	1,399	1,546	2,037
Trust Fees by Commissions	549	617	612	647	777	706	1,112	1,350	1,322	1,360	1,697
Other Service Charges	-	-	-	-	148	141	175	218	184	197	280
Net Realized & Unrealized Capital Gains on Investments	150	147	257	372	49	7.00	59	-2.00	-107	-11	60
Total Non-Interest Expense	537	731	635	653	707	780	962	927	1,069	1,271	1,490
Salaries and Employee Benefits	205	227	242	249	264	288	325	399	454	527	574
Net Occupancy & Equipment Expense	39	44	51	47	49	60	69	80	90	99	101
Other Operating Expenses	293	460	342	357	394	432	568	448	525	645	815
Income Tax Expense	47	43	62	256	71	68	77	151	156	257	288
Net Income / (Loss) Attributable to Noncontrolling Interest	414	366	615	717	956	928	984	1,328	1,462	2,212	2,652
Basic Earnings per Share	$0.79	$0.80	$1.28	$1.09	$2.30	$2.11	$2.44	$3.27	$3.78	$5.72	$6.99
Weighted Average Basic Shares Outstanding	56.49M	61.04M	66.01M	69.93M	73.44M	76.12M	79.94M	94.17M	100.46M	104.97M	108.11M
Diluted Earnings per Share	$0.77	$0.78	$1.25	$1.07	$2.28	$2.10	$2.42	$3.24	$3.75	$5.67	$6.93
Weighted Average Diluted Shares Outstanding	57.71M	62.51M	67.30M	70.90M	74.27M	76.83M	80.64M	95.01M	101.30M	105.85M	109.00M
Weighted Average Basic & Diluted Shares Outstanding	57M	61.30M	65.60M	69.70M	73.50M	76.75M	90.78M	98.23M	103.00M	107.06M	108.93M
Cash Dividends to Common per Share	$0.10	$0.10	$0.10	$0.10	$0.10	$0.10	$0.10	$0.10	$0.10	$0.10	$0.35

This table shows Interactive Brokers Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Net Income / (Loss) Attributable to Common Shareholders	136	148	125	167	160	175	179	184	217	213	224
Consolidated Net Income / (Loss)	633	700	601	772	739	795	809	834	969	964	1,006
Net Income / (Loss) Continuing Operations	633	700	601	772	739	795	809	834	969	964	1,006
Total Pre-Tax Income	689	761	652	840	816	866	880	909	1,040	1,055	1,104
Total Revenue	976	1,056	1,000	1,145	1,139	1,203	1,230	1,365	1,387	1,427	1,480
Net Interest Income / (Expense)	565	637	694	733	730	747	792	802	807	770	860
Total Interest Income	93	1,347	1,545	1,643	-1,741	747	792	1,888	2,899	770	1,891
Investment Securities Interest Income	1,111	1,347	1,545	1,643	1,695	1,760	1,828	1,888	1,863	1,718	1,891
Total Interest Expense	-472	710	851	910	-2,471	0.00	0.00	1,086	2,092	0.00	1,031
Long-Term Debt Interest Expense	-	710	851	910	-	-	-	1,086	-	-	1,031
Total Non-Interest Income	411	419	306	412	409	456	438	563	580	657	620
Trust Fees by Commissions	331	357	322	333	348	379	406	435	477	514	516
Other Service Charges	43	43	47	52	55	59	68	72	81	78	62
Net Realized & Unrealized Capital Gains on Investments	37	19	-63	27	6.00	18	-36	56	22	65	42
Total Non-Interest Expense	287	295	348	305	323	337	350	456	347	372	376
Salaries and Employee Benefits	119	128	136	127	136	145	146	145	138	154	163
Net Occupancy & Equipment Expense	22	24	25	25	25	26	25	26	24	24	24
Other Operating Expenses	146	143	187	153	162	166	179	285	185	194	189
Income Tax Expense	56	61	51	68	77	71	71	75	71	91	98
Net Income / (Loss) Attributable to Noncontrolling Interest	497	552	476	605	579	620	630	650	752	751	782
Basic Earnings per Share	$1.33	$1.44	$1.21	$1.57	$1.50	$1.63	$0.42	$1.68	$2.01	$1.95	$0.51
Weighted Average Basic Shares Outstanding	100.46M	102.96M	103.59M	106.23M	104.97M	107.07M	430.88M	108.76M	108.11M	108.92M	438.46M
Diluted Earnings per Share	$1.32	$1.42	$1.20	$1.56	$1.49	$1.61	$0.41	$1.67	$2.00	$1.94	$0.51
Weighted Average Diluted Shares Outstanding	101.30M	104.04M	104.46M	107.01M	105.85M	108.15M	434.51M	109.54M	109.00M	109.87M	441.44M
Weighted Average Basic & Diluted Shares Outstanding	103.00M	102.99M	106.97M	107.02M	107.06M	107.11M	108.84M	108.88M	108.93M	108.96M	445.25M

This table details how cash moves in and out of Interactive Brokers Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	56	332	415	730	1,900	2,182	7,913	5,088	3,320	3,990	7,640
Net Cash From Operating Activities	417	725	635	1,065	2,356	2,666	8,068	5,896	3,968	4,544	8,724
Net Cash From Continuing Operating Activities	417	725	635	1,065	2,356	2,666	8,068	5,896	3,968	4,544	8,724
Net Income / (Loss) Continuing Operations	459	415	699	793	1,125	1,089	1,179	1,636	1,842	2,812	3,407
Consolidated Net Income / (Loss)	459	415	699	793	1,125	1,089	1,179	1,636	1,842	2,812	3,407
Depreciation Expense	20	22	25	25	26	31	42	50	58	65	67
Amortization Expense	-	-	-	-	0.00	21	20	24	26	29	29
Non-Cash Adjustments to Reconcile Net Income	72	218	-2,532	4,834	-1,848	-2,108	54	123	-16,533	128	146
Changes in Operating Assets and Liabilities, net	-134	70	2,443	-4,587	3,053	3,633	6,773	4,063	18,575	1,510	5,075
Net Cash From Investing Activities	54	-35	-6.00	-26	-57	-89	-50	-188	-67	-52	-44
Net Cash From Continuing Investing Activities	54	-35	-6.00	-26	-57	-89	-50	-188	-67	-52	-44
Purchase of Investment Securities	-462	-46	-44	-28	-58	-93	-55	-193	-74	-75	-89
Sale and/or Maturity of Investments	516	11	38	2.00	1.00	4.00	5.00	5.00	7.00	23	45
Net Cash From Financing Activities	-308	-295	-189	-374	-399	-419	-229	-523	-470	-624	-833
Net Cash From Continuing Financing Activities	-308	-295	-189	-374	-399	-419	-229	-523	-470	-624	-833
Issuance of Common Equity	-	29	25	21	40	26	18	26	23	34	56
Repayment of Debt	-	-34	-	-59	0.00	0.00	-14	-1,520	-	-1.00	-3.00
Repurchase of Common Equity	-	-25	-26	-21	-45	-27	-17	-27	-20	-34	-54
Payment of Dividends	-302	-252	-245	-300	-368	-388	-315	-412	-444	-598	-807
Other Financing Activities, Net	-16	-13	-17	-15	-28	-29	-17	-18	-20	-25	-25
Effect of Exchange Rate Changes	-107	-63	-25	65	-	24	124	-97	-111	122	-207
Cash Interest Paid	73	68	77	209	444	654	284	222	833	3,317	4,190
Cash Income Taxes Paid	37	31	29	47	50	51	64	114	148	228	279

This table details how cash moves in and out of Interactive Brokers Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Net Change in Cash & Equivalents	-13	-1,035	1,883	758	2,384	1,431	1,264	3,523	1,422	2,440	7,072
Net Cash From Operating Activities	-30	-923	2,119	979	2,369	1,683	1,621	3,582	1,838	2,584	7,139
Net Cash From Continuing Operating Activities	-30	-923	2,119	979	2,369	1,683	1,621	3,582	1,838	2,584	7,139
Net Income / (Loss) Continuing Operations	633	700	601	772	739	795	809	834	969	964	1,006
Consolidated Net Income / (Loss)	633	700	601	772	739	795	809	834	969	964	1,006
Depreciation Expense	15	16	16	17	16	17	17	17	16	15	15
Amortization Expense	7.00	7.00	7.00	6.00	9.00	7.00	7.00	8.00	7.00	7.00	8.00
Non-Cash Adjustments to Reconcile Net Income	-16,629	-5,175	3,569	2,124	-390	45	1,002	-7,041	46	23	-9,096
Changes in Operating Assets and Liabilities, net	15,944	3,529	-2,074	-1,940	1,995	819	-214	9,764	800	1,575	15,206
Net Cash From Investing Activities	-19	6.00	-15	-18	-25	-13	-14	-35	18	-26	-42
Net Cash From Continuing Investing Activities	-19	6.00	-15	-18	-25	-13	-14	-35	18	-26	-42
Purchase of Investment Securities	-19	-17	-15	-18	-25	-13	-14	-35	-27	-26	-42
Net Cash From Financing Activities	-122	-137	-252	-127	-108	-137	-333	-177	-186	-225	-331
Net Cash From Continuing Financing Activities	-122	-137	-252	-127	-108	-137	-333	-177	-186	-225	-331
Payment of Dividends	-105	-129	-234	-121	-114	-134	-308	-199	-166	-223	-323
Effect of Exchange Rate Changes	158	19	31	-76	148	-102	-10	153	-248	107	306
Cash Interest Paid	452	666	818	891	942	1,006	1,034	1,079	1,071	963	1,044
Cash Income Taxes Paid	59	50	75	37	66	32	120	61	66	40	153

This table presents Interactive Brokers Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	43,385	48,734	54,673	61,162	60,547	71,676	95,679	109,113	115,143	128,251	150,142
Cash and Due from Banks	1,269	1,601	1,925	1,732	2,597	2,882	4,292	2,395	3,436	3,753	3,633
Restricted Cash	15,404	21,309	24,017	20,232	23,098	27,224	43,724	38,009	56,948	64,226	64,446
Trading Account Securities	4,046	4,119	3,740	4,992	4,573	7,027	5,748	8,965	10,778	12,827	13,868
Loans and Leases, Net of Allowance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Customer and Other Receivables	17,051	17,050	19,409	29,821	27,017	31,304	39,333	54,935	38,760	44,472	64,432
Other Assets	5,615	4,655	5,582	4,385	3,262	3,239	2,582	4,809	4,736	2,973	3,763
Total Liabilities & Shareholders' Equity	43,385	48,734	54,673	61,162	60,547	71,676	95,679	109,113	115,143	128,251	150,142
Total Liabilities	38,200	43,390	48,853	54,729	53,391	63,736	86,676	98,891	103,528	114,184	133,545
Short-Term Debt	32,064	37,507	42,044	49,162	48,308	58,393	76,182	86,218	93,504	101,619	115,833
Accrued Interest Payable	4.00	3.00	6.00	22	41	29	6.00	8.00	193	311	311
Long-Term Debt	3,199	2,894	4,293	4,444	4,037	4,410	9,838	11,769	8,940	11,347	16,248
Other Long-Term Liabilities	2,846	2,908	2,430	954	852	609	352	896	360	907	1,153
Commitments & Contingencies	-	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	5,185	5,344	5,820	6,433	7,156	7,940	9,003	10,222	11,615	14,067	16,597
Total Preferred & Common Equity	766	863	974	1,090	1,282	1,452	1,951	2,395	2,848	3,584	4,280
Total Common Equity	765	862	973	1,089	1,281	1,452	1,950	2,395	2,848	3,584	4,280
Common Stock	635	718	775	832	898	935	1,244	1,443	1,582	1,727	1,817
Retained Earnings	121	145	203	251	390	520	683	953	1,294	1,852	2,515
Treasury Stock	-3.00	-3.00	-3.00	-3.00	-3.00	-3.00	-3.00	-5.00	-6.00	-3.00	-7.00
Accumulated Other Comprehensive Income / (Loss)	12	2.00	-2.00	9.00	-4.00	0.00	26	4.00	-22	8.00	-45
Noncontrolling Interest	4,419	4,481	4,846	5,343	5,874	6,488	7,052	7,827	8,767	10,483	12,317

This table presents Interactive Brokers Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025
Total Assets	114,683	119,469	120,593	120,636	132,238	136,648	148,526	157,670	181,475
Cash and Due from Banks	3,184	3,214	3,681	3,824	4,063	3,918	3,595	3,500	4,688
Restricted Cash	56,733	61,341	59,227	57,720	59,253	59,688	66,319	68,567	82,029
Trading Account Securities	8,768	12,388	12,430	12,282	13,036	14,195	18,638	17,627	23,530
Loans and Leases, Net of Allowance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Customer and Other Receivables	40,424	39,491	41,966	43,602	51,395	55,252	56,006	63,857	65,346
Other Assets	4,481	3,035	2,794	3,208	3,379	3,595	3,968	4,119	5,882
Total Liabilities & Shareholders' Equity	114,683	119,469	120,593	120,636	132,238	136,648	148,526	157,670	181,475
Total Liabilities	103,783	107,236	107,936	107,372	117,579	121,464	132,521	140,187	162,957
Short-Term Debt	93,009	95,276	96,392	95,511	101,772	103,954	113,814	121,892	140,107
Accrued Interest Payable	99	237	270	288	319	320	327	297	283
Long-Term Debt	9,490	10,719	10,261	10,482	14,216	15,682	16,818	16,894	21,229
Other Long-Term Liabilities	631	1,004	346	1,091	442	1,508	1,562	1,104	1,338
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	10,900	12,233	12,657	13,264	14,659	15,184	16,005	17,483	18,518
Total Preferred & Common Equity	2,677	3,001	3,158	3,390	3,732	3,927	4,145	4,502	4,825
Total Common Equity	2,676	3,001	3,158	3,390	3,732	3,927	4,145	4,502	4,825
Common Stock	1,572	1,590	1,627	1,719	1,737	1,783	1,805	1,829	1,887
Retained Earnings	1,168	1,432	1,546	1,703	2,016	2,168	2,325	2,701	2,890
Treasury Stock	-4.00	-4.00	-5.00	-3.00	-3.00	-4.00	-4.00	-11	-14
Accumulated Other Comprehensive Income / (Loss)	-60	-17	-10	-29	-18	-20	19	-17	62
Noncontrolling Interest	8,223	9,232	9,499	9,874	10,927	11,257	11,860	12,981	13,693

This table displays calculated financial ratios and metrics derived from Interactive Brokers Group's official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-3.07%	14.00%	17.41%	21.92%	11.81%	1.79%	14.51%	22.36%	13.01%	41.51%	19.47%
EBITDA Growth	11.91%	-8.75%	63.75%	36.64%	13.78%	-1.06%	9.02%	41.20%	11.88%	51.92%	19.85%
EBIT Growth	12.20%	-9.49%	66.16%	37.84%	14.01%	-3.26%	8.56%	42.28%	11.81%	53.60%	20.40%
NOPAT Growth	9.81%	-9.59%	68.43%	13.45%	41.87%	-3.20%	8.26%	38.76%	12.59%	52.66%	21.16%
Net Income Growth	9.81%	-9.59%	68.43%	13.45%	41.87%	-3.20%	8.26%	38.76%	12.59%	52.66%	21.16%
EPS Growth	5.48%	1.30%	60.26%	-14.40%	113.08%	-7.89%	15.24%	33.88%	15.74%	51.20%	22.22%
Operating Cash Flow Growth	262.89%	73.86%	-12.41%	67.72%	121.22%	13.16%	202.63%	-26.92%	-32.70%	14.52%	91.99%
Free Cash Flow Firm Growth	-5.44%	13.72%	-17.02%	-24.09%	123.46%	-710.52%	-127.53%	50.00%	65.30%	-153.54%	-79.47%
Invested Capital Growth	17.82%	13.10%	14.02%	15.11%	-0.90%	18.89%	34.32%	13.88%	5.41%	11.37%	17.04%
Revenue Q/Q Growth	-3.85%	5.60%	-5.29%	23.33%	-1.19%	0.41%	4.67%	0.15%	13.85%	3.90%	5.02%
EBITDA Q/Q Growth	7.44%	12.41%	-11.09%	45.53%	-4.23%	2.20%	6.55%	-0.85%	18.03%	4.29%	6.22%
EBIT Q/Q Growth	7.55%	13.09%	-11.51%	47.12%	-4.40%	0.26%	6.80%	-1.05%	18.79%	4.32%	6.45%
NOPAT Q/Q Growth	6.82%	15.28%	-12.52%	22.00%	12.61%	0.37%	7.87%	-2.50%	19.07%	3.92%	7.24%
Net Income Q/Q Growth	6.82%	15.28%	-12.52%	22.00%	12.61%	0.37%	7.87%	-2.50%	19.07%	3.92%	7.24%
EPS Q/Q Growth	8.45%	25.81%	-16.11%	-5.31%	34.91%	0.48%	12.04%	-5.54%	21.75%	3.09%	7.94%
Operating Cash Flow Q/Q Growth	491.39%	-92.86%	106.98%	-62.18%	53.59%	50.62%	103.74%	-45.74%	9.52%	111.84%	-5.74%
Free Cash Flow Firm Q/Q Growth	2.96%	-0.75%	25.11%	-31.08%	210.65%	-126.12%	-134.26%	88.87%	37.47%	-222.40%	24.65%
Invested Capital Q/Q Growth	4.86%	4.49%	-0.10%	3.04%	-2.08%	6.63%	0.00%	2.62%	0.58%	6.52%	1.39%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	50.43%	40.37%	56.30%	63.10%	64.21%	62.42%	59.42%	68.57%	67.88%	72.88%	73.11%
EBIT Margin	48.51%	38.52%	54.51%	61.63%	62.85%	59.73%	56.63%	65.84%	65.15%	70.71%	71.26%
Profit (Net Income) Margin	44.01%	34.90%	50.07%	46.59%	59.12%	56.22%	53.16%	60.28%	60.06%	64.79%	65.71%
Tax Burden Percent	90.71%	90.61%	91.85%	75.60%	94.06%	94.12%	93.87%	91.55%	92.19%	91.63%	92.21%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	9.29%	9.39%	8.15%	24.40%	5.94%	5.88%	6.13%	8.45%	7.81%	8.37%	7.79%
Return on Invested Capital (ROIC)	1.23%	0.96%	1.43%	1.41%	1.88%	1.67%	1.42%	1.61%	1.66%	2.33%	2.47%
ROIC Less NNEP Spread (ROIC-NNEP)	1.23%	0.96%	1.43%	1.41%	1.88%	1.67%	1.42%	1.61%	1.66%	2.33%	2.47%
Return on Net Nonoperating Assets (RNNOA)	7.70%	6.92%	11.09%	11.53%	14.68%	12.76%	12.49%	15.41%	15.21%	19.57%	19.75%
Return on Equity (ROE)	8.93%	7.88%	12.52%	12.94%	16.56%	14.43%	13.92%	17.02%	16.87%	21.90%	22.22%
Cash Return on Invested Capital (CROIC)	-15.13%	-11.33%	-11.67%	-12.64%	2.78%	-15.59%	-27.87%	-11.37%	-3.61%	-8.43%	-13.23%
Operating Return on Assets (OROA)	1.25%	0.99%	1.47%	1.81%	1.97%	1.75%	1.50%	1.75%	1.78%	2.52%	2.65%
Return on Assets (ROA)	1.13%	0.90%	1.35%	1.37%	1.85%	1.65%	1.41%	1.60%	1.64%	2.31%	2.45%
Return on Common Equity (ROCE)	1.28%	1.22%	2.06%	2.18%	2.89%	2.61%	2.79%	3.85%	4.05%	5.48%	5.70%
Return on Equity Simple (ROE_SIMPLE)	59.92%	48.09%	71.77%	72.75%	87.75%	75.00%	60.43%	68.31%	64.68%	78.46%	79.60%
Net Operating Profit after Tax (NOPAT)	459	415	699	793	1,125	1,089	1,179	1,636	1,842	2,812	3,407
NOPAT Margin	44.01%	34.90%	50.07%	46.59%	59.12%	56.22%	53.16%	60.28%	60.06%	64.79%	65.71%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	23.39%	22.79%	20.99%	17.39%	16.45%	17.97%	17.76%	17.65%	17.74%	14.42%	13.02%
Operating Expenses to Revenue	51.49%	61.48%	45.49%	38.37%	37.15%	40.27%	43.37%	34.16%	34.85%	29.29%	28.74%
Earnings before Interest and Taxes (EBIT)	506	458	761	1,049	1,196	1,157	1,256	1,787	1,998	3,069	3,695
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	526	480	786	1,074	1,222	1,209	1,318	1,861	2,082	3,163	3,791
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.09	3.05	2.44	3.76	3.11	2.40	2.78	3.21	2.58	2.46	4.49
Price to Tangible Book Value (P/TBV)	2.09	3.05	2.44	3.76	3.11	2.40	2.78	3.21	2.58	2.46	4.49
Price to Revenue (P/Rev)	1.53	2.21	1.70	2.40	2.09	1.80	2.45	2.83	2.40	2.03	3.71
Price to Earnings (P/E)	35.49	53.65	28.29	53.83	23.58	21.62	27.81	24.97	19.37	14.70	25.48
Dividend Yield	1.46%	0.97%	1.14%	0.70%	0.75%	0.22%	0.67%	0.51%	0.56%	0.49%	0.48%
Earnings Yield	2.82%	1.86%	3.53%	1.86%	4.24%	4.62%	3.60%	4.00%	5.16%	6.81%	3.93%
Enterprise Value to Invested Capital (EV/IC)	0.61	0.54	0.53	0.68	0.61	0.60	0.53	0.68	0.51	0.51	0.64
Enterprise Value to Revenue (EV/Rev)	23.59	20.69	19.78	24.13	19.19	22.03	22.76	26.93	18.97	14.81	18.43
Enterprise Value to EBITDA (EV/EBITDA)	46.78	51.25	35.14	38.25	29.88	35.29	38.30	39.28	27.95	20.32	25.21
Enterprise Value to EBIT (EV/EBIT)	48.63	53.71	36.29	39.16	30.53	36.88	40.19	40.91	29.12	20.95	25.86
Enterprise Value to NOPAT (EV/NOPAT)	53.61	59.28	39.51	51.80	32.45	39.18	42.82	44.68	31.59	22.86	28.05
Enterprise Value to Operating Cash Flow (EV/OCF)	59.01	33.93	43.49	38.57	15.50	16.00	6.26	12.40	14.66	14.15	10.95
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	21.95	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	6.80	7.56	7.96	8.33	7.31	7.91	9.55	9.59	8.82	8.03	7.96
Long-Term Debt to Equity	0.62	0.54	0.74	0.69	0.56	0.56	1.09	1.15	0.77	0.81	0.98
Financial Leverage	6.28	7.19	7.77	8.16	7.80	7.63	8.78	9.57	9.18	8.39	7.99
Leverage Ratio	7.91	8.75	9.26	9.45	8.96	8.76	9.88	10.65	10.27	9.48	9.08
Compound Leverage Factor	7.91	8.75	9.26	9.45	8.96	8.76	9.88	10.65	10.27	9.48	9.08
Debt to Total Capital	87.18%	88.32%	88.84%	89.29%	87.97%	88.78%	90.53%	90.55%	89.82%	88.93%	88.84%
Short-Term Debt to Total Capital	79.27%	81.99%	80.61%	81.88%	81.19%	82.54%	80.17%	79.68%	81.98%	79.99%	77.91%
Long-Term Debt to Total Capital	7.91%	6.33%	8.23%	7.40%	6.78%	6.23%	10.35%	10.88%	7.84%	8.93%	10.93%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	10.93%	9.80%	9.29%	8.90%	9.87%	9.17%	7.42%	7.23%	7.69%	8.25%	8.28%
Common Equity to Total Capital	1.89%	1.88%	1.87%	1.81%	2.15%	2.05%	2.05%	2.21%	2.50%	2.82%	2.88%
Debt to EBITDA	67.04	84.17	58.95	49.91	42.84	51.95	65.27	52.65	49.20	35.71	34.84
Net Debt to EBITDA	35.34	36.44	25.95	29.46	21.81	27.04	28.83	30.94	20.20	14.22	16.88
Long-Term Debt to EBITDA	6.08	6.03	5.46	4.14	3.30	3.65	7.46	6.32	4.29	3.59	4.29
Debt to NOPAT	76.83	97.35	66.29	67.60	46.53	57.67	72.96	59.89	55.62	40.17	38.77
Net Debt to NOPAT	40.50	42.15	29.18	39.90	23.69	30.02	32.23	35.20	22.83	16.00	18.79
Long-Term Debt to NOPAT	6.97	6.97	6.14	5.60	3.59	4.05	8.34	7.19	4.85	4.04	4.77
Noncontrolling Interest Sharing Ratio	85.68%	84.55%	83.56%	83.17%	82.56%	81.90%	79.92%	77.40%	75.99%	74.96%	74.35%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-5,658	-4,882	-5,713	-7,089	1,663	-10,153	-23,101	-11,550	-4,008	-10,162	-18,238
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	-31.51	3.59	-15.79	-88.51	-51.56	0.00	0.00	-4.35
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	4.73	5.09	4.15	30.91	26.32	0.00	0.00	2.08
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	4.73	5.09	4.15	30.91	26.32	0.00	0.00	2.08
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.04	0.04
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	40,448	45,745	52,157	60,039	59,501	70,743	95,023	108,209	114,059	127,033	148,678
Invested Capital Turnover	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.04	0.04
Increase / (Decrease) in Invested Capital	6,117	5,297	6,412	7,882	-538	11,242	24,280	13,186	5,850	12,974	21,645
Enterprise Value (EV)	24,606	24,601	27,618	41,076	36,509	42,666	50,479	73,101	58,188	64,287	95,555
Market Capitalization	1,597	2,629	2,377	4,091	3,985	3,481	5,423	7,691	7,361	8,817	19,236
Book Value per Share	$13.09	$13.54	$14.31	$15.24	$17.06	$18.92	$21.48	$24.40	$27.68	$33.49	$39.31
Tangible Book Value per Share	$13.09	$13.54	$14.31	$15.24	$17.06	$18.92	$21.48	$24.40	$27.68	$33.49	$39.31
Total Capital	40,448	45,745	52,157	60,039	59,501	70,743	95,023	108,209	114,059	127,033	148,678
Total Debt	35,263	40,401	46,337	53,606	52,345	62,803	86,020	97,987	102,444	112,966	132,081
Total Long-Term Debt	3,199	2,894	4,293	4,444	4,037	4,410	9,838	11,769	8,940	11,347	16,248
Net Debt	18,590	17,491	20,395	31,642	26,650	32,697	38,004	57,583	42,060	44,987	64,002
Capital Expenditures (CapEx)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	35,263	40,401	46,337	53,606	52,345	62,803	86,020	97,987	102,444	112,966	132,081
Total Depreciation and Amortization (D&A)	20	22	25	25	26	52	62	74	84	94	96
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.79	$0.80	$1.28	$1.09	$2.30	$2.11	$2.44	$3.27	$3.78	$5.72	$6.99
Adjusted Weighted Average Basic Shares Outstanding	56.49M	61.04M	66.01M	69.93M	73.44M	76.12M	79.94M	94.17M	100.46M	104.97M	108.11M
Adjusted Diluted Earnings per Share	$0.77	$0.78	$1.25	$1.07	$2.28	$2.10	$2.42	$3.24	$3.75	$5.67	$6.93
Adjusted Weighted Average Diluted Shares Outstanding	57.71M	62.51M	67.30M	70.90M	74.27M	76.83M	80.64M	95.01M	101.30M	105.85M	109.00M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$2.11	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	58.47M	63.99M	67.99M	71.48M	75.10M	76.75M	90.78M	98.23M	103.00M	107.06M	108.93M
Normalized Net Operating Profit after Tax (NOPAT)	459	415	699	793	1,125	1,089	1,179	1,636	1,842	2,812	3,407
Normalized NOPAT Margin	44.01%	34.90%	50.07%	46.59%	59.12%	56.22%	53.16%	60.28%	60.06%	64.79%	65.71%
Pre Tax Income Margin	48.51%	38.52%	54.51%	61.63%	62.85%	59.73%	56.63%	65.84%	65.15%	70.71%	71.26%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	4.66	2.58	1.80	4.81	7.98	0.00	0.00	0.88
NOPAT to Interest Expense	0.00	0.00	0.00	3.52	2.43	1.69	4.52	7.30	0.00	0.00	0.81
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	4.66	2.58	1.80	4.81	7.98	0.00	0.00	0.88
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	3.52	2.43	1.69	4.52	7.30	0.00	0.00	0.81
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	65.80%	60.72%	35.05%	37.83%	32.71%	35.63%	26.72%	25.18%	24.10%	21.27%	23.69%
Augmented Payout Ratio	65.80%	66.75%	38.77%	40.48%	36.71%	38.11%	28.16%	26.83%	25.19%	22.48%	25.27%

This table displays calculated financial ratios and metrics derived from Interactive Brokers Group's official financial filings.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	61.86%	63.72%	52.44%	44.94%	16.70%	13.92%	23.00%	19.21%	21.77%	18.62%	20.33%
EBITDA Growth	80.92%	88.92%	63.44%	58.93%	18.28%	13.52%	33.93%	8.23%	26.40%	21.01%	24.67%
EBIT Growth	84.72%	93.15%	66.33%	60.61%	18.43%	13.80%	34.97%	8.21%	27.45%	21.82%	25.45%
NOPAT Growth	87.28%	91.26%	66.94%	59.83%	16.75%	13.57%	34.61%	8.03%	31.12%	21.26%	24.35%
Net Income Growth	87.28%	91.26%	66.94%	59.83%	16.75%	13.57%	34.61%	8.03%	31.12%	21.26%	24.35%
EPS Growth	103.08%	91.89%	66.67%	60.82%	12.88%	13.38%	37.50%	7.05%	34.23%	20.50%	24.39%
Operating Cash Flow Growth	92.00%	-143.44%	491.68%	-59.44%	7,996.67%	282.34%	-23.50%	265.88%	-22.41%	53.54%	340.41%
Free Cash Flow Firm Growth	59.39%	60.12%	25.07%	31.95%	-134.52%	-188.51%	-132.57%	-421.94%	-68.99%	-112.13%	-199.49%
Invested Capital Growth	5.41%	4.17%	6.16%	5.17%	11.37%	10.50%	13.00%	22.96%	17.04%	19.61%	33.40%
Revenue Q/Q Growth	23.54%	8.20%	-5.30%	14.50%	-0.52%	5.62%	2.24%	10.98%	1.61%	2.88%	3.71%
EBITDA Q/Q Growth	30.94%	10.27%	-13.90%	27.85%	-2.55%	5.83%	1.57%	3.32%	13.81%	1.32%	4.64%
EBIT Q/Q Growth	31.74%	10.45%	-14.32%	28.83%	-2.86%	6.13%	1.62%	3.30%	14.41%	1.44%	4.64%
NOPAT Q/Q Growth	31.06%	10.58%	-14.14%	28.45%	-4.27%	7.58%	1.76%	3.09%	16.19%	-0.52%	4.36%
Net Income Q/Q Growth	31.06%	10.58%	-14.14%	28.45%	-4.27%	7.58%	1.76%	3.09%	16.19%	-0.52%	4.36%
EPS Q/Q Growth	36.08%	7.58%	-15.49%	30.00%	-4.49%	8.05%	2.48%	1.21%	19.76%	-3.00%	-73.71%
Operating Cash Flow Q/Q Growth	-101.24%	-2,976.67%	329.58%	-53.80%	141.98%	-28.96%	-3.68%	120.97%	-48.69%	40.59%	176.28%
Free Cash Flow Firm Q/Q Growth	30.20%	22.77%	-56.89%	19.54%	-140.56%	4.99%	-26.47%	-80.57%	22.11%	-19.26%	-78.55%
Invested Capital Q/Q Growth	0.58%	3.66%	0.92%	-0.04%	6.52%	2.84%	3.19%	8.77%	1.39%	5.11%	15.09%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	72.85%	74.24%	67.50%	75.37%	73.84%	73.98%	73.50%	68.42%	76.64%	75.47%	76.15%
EBIT Margin	70.59%	72.06%	65.20%	73.36%	71.64%	71.99%	71.54%	66.59%	74.98%	73.93%	74.59%
Profit (Net Income) Margin	64.86%	66.29%	60.10%	67.42%	64.88%	66.08%	65.77%	61.10%	69.86%	67.55%	67.97%
Tax Burden Percent	91.87%	91.98%	92.18%	91.90%	90.56%	91.80%	91.93%	91.75%	93.17%	91.37%	91.12%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	8.13%	8.02%	7.82%	8.10%	9.44%	8.20%	8.07%	8.25%	6.83%	8.63%	8.88%
Return on Invested Capital (ROIC)	1.79%	1.99%	1.98%	2.42%	2.34%	2.38%	2.44%	2.27%	2.63%	2.55%	2.44%
ROIC Less NNEP Spread (ROIC-NNEP)	1.79%	1.99%	1.98%	2.42%	2.34%	2.38%	2.44%	2.27%	2.63%	2.55%	2.44%
Return on Net Nonoperating Assets (RNNOA)	16.43%	18.31%	17.77%	20.89%	19.59%	19.67%	19.85%	18.34%	21.00%	20.19%	20.38%
Return on Equity (ROE)	18.22%	20.30%	19.75%	23.31%	21.93%	22.05%	22.29%	20.61%	23.63%	22.74%	22.83%
Cash Return on Invested Capital (CROIC)	-3.61%	-2.20%	-3.89%	-2.71%	-8.43%	-7.64%	-9.75%	-18.21%	-13.23%	-15.37%	-26.22%
Operating Return on Assets (OROA)	1.93%	2.14%	2.13%	2.60%	2.55%	2.57%	2.62%	2.44%	2.79%	2.76%	2.65%
Return on Assets (ROA)	1.77%	1.97%	1.96%	2.39%	2.31%	2.36%	2.41%	2.24%	2.60%	2.52%	2.42%
Return on Common Equity (ROCE)	4.37%	4.88%	4.83%	5.85%	5.49%	5.52%	5.67%	5.31%	6.06%	5.82%	5.93%
Return on Equity Simple (ROE_SIMPLE)	0.00%	72.51%	76.54%	79.82%	0.00%	77.89%	79.32%	76.65%	0.00%	79.43%	78.20%
Net Operating Profit after Tax (NOPAT)	633	700	601	772	739	795	809	834	969	964	1,006
NOPAT Margin	64.86%	66.29%	60.10%	67.42%	64.88%	66.08%	65.77%	61.10%	69.86%	67.55%	67.97%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	14.45%	14.39%	16.10%	13.28%	14.14%	14.21%	13.90%	12.53%	11.68%	12.47%	12.64%
Operating Expenses to Revenue	29.41%	27.94%	34.80%	26.64%	28.36%	28.01%	28.46%	33.41%	25.02%	26.07%	25.41%
Earnings before Interest and Taxes (EBIT)	689	761	652	840	816	866	880	909	1,040	1,055	1,104
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	711	784	675	863	841	890	904	934	1,063	1,077	1,127
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.58	2.82	2.69	2.71	2.46	3.20	3.34	3.66	4.49	4.01	5.01
Price to Tangible Book Value (P/TBV)	2.58	2.82	2.69	2.71	2.46	3.20	3.34	3.66	4.49	4.01	5.01
Price to Revenue (P/Rev)	2.40	2.43	2.23	2.20	2.03	2.66	2.78	3.07	3.71	3.33	4.27
Price to Earnings (P/E)	19.37	18.57	16.75	15.98	14.70	19.03	19.28	21.73	25.48	22.75	28.82
Dividend Yield	0.56%	0.49%	0.48%	0.47%	0.49%	0.36%	0.45%	0.50%	0.48%	0.60%	0.00%
Earnings Yield	5.16%	5.39%	5.97%	6.26%	6.81%	5.26%	5.19%	4.60%	3.93%	4.40%	3.47%
Enterprise Value to Invested Capital (EV/IC)	0.51	0.50	0.52	0.53	0.51	0.58	0.60	0.60	0.64	0.63	0.63
Enterprise Value to Revenue (EV/Rev)	18.97	17.00	16.16	15.21	14.81	16.83	17.05	17.77	18.43	18.07	19.87
Enterprise Value to EBITDA (EV/EBITDA)	27.95	24.12	22.76	20.94	20.32	23.11	22.99	24.59	25.21	24.57	26.77
Enterprise Value to EBIT (EV/EBIT)	29.12	25.00	23.53	21.59	20.95	23.80	23.64	25.28	25.86	25.16	27.38
Enterprise Value to NOPAT (EV/NOPAT)	31.59	27.17	25.55	23.48	22.86	25.98	25.82	27.62	28.05	27.33	29.81
Enterprise Value to Operating Cash Flow (EV/OCF)	14.66	64.26	17.25	29.62	14.15	10.56	12.09	9.48	10.95	10.15	7.43
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	8.82	8.66	8.43	7.99	8.03	7.91	7.88	8.16	7.96	7.94	8.71
Long-Term Debt to Equity	0.77	0.88	0.81	0.79	0.81	0.97	1.03	1.05	0.98	0.97	1.15
Financial Leverage	9.18	9.20	8.96	8.63	8.39	8.25	8.13	8.08	7.99	7.93	8.34
Leverage Ratio	10.27	10.30	10.06	9.74	9.48	9.36	9.24	9.20	9.08	9.02	9.44
Compound Leverage Factor	10.27	10.30	10.06	9.74	9.48	9.36	9.24	9.20	9.08	9.02	9.44
Debt to Total Capital	89.82%	89.65%	89.39%	88.88%	88.93%	88.78%	88.74%	89.09%	88.84%	88.81%	89.70%
Short-Term Debt to Total Capital	81.98%	80.59%	80.79%	80.09%	79.99%	77.90%	77.11%	77.62%	77.91%	78.00%	77.90%
Long-Term Debt to Total Capital	7.84%	9.07%	8.60%	8.79%	8.93%	10.88%	11.63%	11.47%	10.93%	10.81%	11.80%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	7.69%	7.81%	7.96%	8.28%	8.25%	8.36%	8.35%	8.09%	8.28%	8.31%	7.61%
Common Equity to Total Capital	2.50%	2.54%	2.65%	2.84%	2.82%	2.86%	2.91%	2.83%	2.88%	2.88%	2.68%
Debt to EBITDA	49.20	43.25	39.31	34.95	35.71	35.48	34.20	36.60	34.84	34.89	38.40
Net Debt to EBITDA	20.20	16.91	16.12	14.66	14.22	16.11	16.02	17.01	16.88	16.77	17.76
Long-Term Debt to EBITDA	4.29	4.37	3.78	3.46	3.59	4.35	4.48	4.71	4.29	4.25	5.05
Debt to NOPAT	55.62	48.71	44.13	39.17	40.17	39.90	38.41	41.12	38.77	38.81	42.76
Net Debt to NOPAT	22.83	19.04	18.10	16.43	16.00	18.12	17.99	19.11	18.79	18.66	19.78
Long-Term Debt to NOPAT	4.85	4.93	4.25	3.87	4.04	4.89	5.03	5.29	4.77	4.72	5.63
Noncontrolling Interest Sharing Ratio	75.99%	75.98%	75.57%	74.90%	74.96%	74.96%	74.55%	74.26%	74.35%	74.38%	74.03%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-5,217	-4,029	-6,321	-5,086	-12,235	-11,624	-14,701	-26,546	-20,676	-24,658	-44,028
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	0.00	-5.67	-7.43	-5.59	0.00	-11.47	0.00	-24.44	-9.88	0.00	-42.70
Operating Cash Flow to Interest Expense	0.00	-1.30	2.49	1.08	0.00	1.66	0.00	3.30	0.88	0.00	6.92
Operating Cash Flow Less CapEx to Interest Expense	0.00	-1.30	2.49	1.08	0.00	1.66	0.00	3.30	0.88	0.00	6.92
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.03	0.03	0.03	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	114,059	118,228	119,310	119,257	127,033	130,647	134,820	146,637	148,678	156,269	179,854
Invested Capital Turnover	0.03	0.03	0.03	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04
Increase / (Decrease) in Invested Capital	5,850	4,729	6,922	5,858	12,974	12,419	15,510	27,380	21,645	25,622	45,034
Enterprise Value (EV)	58,188	59,120	61,754	63,526	64,287	75,530	80,419	87,745	95,555	97,738	112,462
Market Capitalization	7,361	8,448	8,510	9,203	8,817	11,931	13,132	15,167	19,236	18,038	24,150
Book Value per Share	$27.68	$29.14	$30.66	$31.69	$33.49	$34.86	$36.66	$38.08	$39.31	$41.33	$44.28
Tangible Book Value per Share	$27.68	$29.14	$30.66	$31.69	$33.49	$34.86	$36.66	$38.08	$39.31	$41.33	$44.28
Total Capital	114,059	118,228	119,310	119,257	127,033	130,647	134,820	146,637	148,678	156,269	179,854
Total Debt	102,444	105,995	106,653	105,993	112,966	115,988	119,636	130,632	132,081	138,786	161,336
Total Long-Term Debt	8,940	10,719	10,261	10,482	11,347	14,216	15,682	16,818	16,248	16,894	21,229
Net Debt	42,060	41,440	43,745	44,449	44,987	52,672	56,030	60,718	64,002	66,719	74,619
Capital Expenditures (CapEx)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	102,444	105,995	106,653	105,993	112,966	115,988	119,636	130,632	132,081	138,786	161,336
Total Depreciation and Amortization (D&A)	22	23	23	23	25	24	24	25	23	22	23
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.33	$1.44	$1.21	$1.57	$1.50	$1.63	$1.67	$1.68	$2.01	$1.95	$0.51
Adjusted Weighted Average Basic Shares Outstanding	100.46M	102.96M	103.59M	106.23M	104.97M	107.07M	107.72M	108.76M	108.11M	108.92M	438.46M
Adjusted Diluted Earnings per Share	$1.32	$1.42	$1.20	$1.56	$1.49	$1.61	$1.65	$1.67	$2.00	$1.94	$0.51
Adjusted Weighted Average Diluted Shares Outstanding	101.30M	104.04M	104.46M	107.01M	105.85M	108.15M	108.63M	109.54M	109.00M	109.87M	441.44M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	103.00M	102.99M	106.97M	107.02M	107.06M	107.11M	108.84M	108.88M	108.93M	108.96M	445.25M
Normalized Net Operating Profit after Tax (NOPAT)	633	700	601	772	739	795	809	834	969	964	1,006
Normalized NOPAT Margin	64.86%	66.29%	60.10%	67.42%	64.88%	66.08%	65.77%	61.10%	69.86%	67.55%	67.97%
Pre Tax Income Margin	70.59%	72.06%	65.20%	73.36%	71.64%	71.99%	71.54%	66.59%	74.98%	73.93%	74.59%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	1.07	0.77	0.92	0.00	0.85	0.00	0.84	0.50	0.00	1.07
NOPAT to Interest Expense	0.00	0.99	0.71	0.85	0.00	0.78	0.00	0.77	0.46	0.00	0.98
EBIT Less CapEx to Interest Expense	0.00	1.07	0.77	0.92	0.00	0.85	0.00	0.84	0.50	0.00	1.07
NOPAT Less CapEx to Interest Expense	0.00	0.99	0.71	0.85	0.00	0.78	0.00	0.77	0.46	0.00	0.98
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	24.10%	22.24%	23.00%	21.77%	21.27%	20.74%	21.73%	23.76%	23.69%	25.06%	24.15%
Augmented Payout Ratio	25.19%	22.24%	24.41%	23.02%	22.48%	20.74%	23.47%	25.46%	25.27%	25.06%	26.37%

Key Financial Trends

Interactive Brokers Group (NASDAQ: IBKR) has demonstrated strong financial performance over the last four years, with consistent growth and stability across key metrics. Here’s an analysis of the recent trends based on the most recent quarterly data and historical statements:

Consistent Net Income Growth: Net income has steadily increased from $700 million in Q1 2023 to $1.006 billion in Q2 2025, reflecting ongoing profitability growth.
Strong Operating Cash Flow: Net cash from operating activities grew significantly from $1.68 billion in Q1 2024 to $7.14 billion in Q2 2025, indicating improved cash generation ability.
Increase in Total Assets: Total assets increased from around $119 billion in Q1 2023 to $181.5 billion in Q2 2025, showing balance sheet expansion and potential for business growth.
Rising Total Revenue: Total revenue grew from approximately $1 billion in Q2 2023 to $1.48 billion in Q2 2025, driven by higher interest and non-interest income.
Stable Diluted Earnings Per Share (EPS): EPS increased from around $1.42 (Q1 2023) to $0.51 per share in Q2 2025; note Q2 2025 has a different share count base (hundreds of millions versus about 100 million in earlier quarters), which may reflect share count adjustments or corporate actions.
Growing Common Equity: Common equity rose from $3.0 billion in Q1 2023 to $4.83 billion in Q2 2025, improving shareholder equity and capital base.
High Cash Interest Paid: Interest paid in cash remains high (over $1 billion in Q2 2025) correlating with the large debt balance; this impacts cash flow but is consistent with leverage strategy.
Fluctuating Non-Cash Adjustments: Non-cash adjustments to net income have varied significantly quarter over quarter, reflecting complex accounting adjustments impacting operating cash flow.
Significant Noncontrolling Interest: The net income attributable to noncontrolling interests remains high (~$780 million in Q2 2025), diluting the portion attributable to common shareholders.
Rising Short-Term Debt: Short-term debt increased from roughly $95.3 billion in Q3 2022 to $140.1 billion in Q2 2025, increasing financial leverage and potentially heightening refinancing risk.

Summary: Interactive Brokers has exhibited solid top-line and bottom-line growth, supported by strong cash flows and expanding assets. The growth in net income and operating cash flow over recent quarters indicates improving operational efficiency and profitability. However, the increase in short-term debt and high noncontrolling interest stake warrants attention as they could influence financial flexibility and returns available to common shareholders. Investors should continue monitoring leverage levels and the impact of noncontrolling interests alongside ongoing profit trends.

08/29/25 08:22 PM ETAI Generated. May Contain Errors.

Financials Breakdown Chart

Frequently Asked Questions About Interactive Brokers Group's Financials

When does Interactive Brokers Group's financial year end?

According to the most recent income statement we have on file, Interactive Brokers Group's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Interactive Brokers Group's net income changed over the last 10 years?

Interactive Brokers Group's net income appears to be on an upward trend, with a most recent value of $3.41 billion in 2024, rising from $459 million in 2014. The previous period was $2.81 billion in 2023. See where experts think Interactive Brokers Group is headed by visiting Interactive Brokers Group's forecast page.

How has Interactive Brokers Group's revenue changed over the last 10 years?

Over the last 10 years, Interactive Brokers Group's total revenue changed from $1.04 billion in 2014 to $5.19 billion in 2024, a change of 397.1%.

How much debt does Interactive Brokers Group have?

Interactive Brokers Group's total liabilities were at $133.55 billion at the end of 2024, a 17.0% increase from 2023, and a 249.6% increase since 2014.

How much cash does Interactive Brokers Group have?

In the past 10 years, Interactive Brokers Group's cash and equivalents has ranged from $1.27 billion in 2014 to $4.29 billion in 2020, and is currently $3.63 billion as of their latest financial filing in 2024.

How has Interactive Brokers Group's book value per share changed over the last 10 years?

Over the last 10 years, Interactive Brokers Group's book value per share changed from 13.09 in 2014 to 39.31 in 2024, a change of 200.4%.

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This page (NASDAQ:IBKR) was last updated on 8/29/2025 by MarketBeat.com Staff

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Interactive Brokers Group (IBKR) Financials

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Interactive Brokers Group (IBKR) Financials

Annual Income Statements for Interactive Brokers Group

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Annual Balance Sheets for Interactive Brokers Group

Quarterly Balance Sheets for Interactive Brokers Group

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Quarterly Metrics And Ratios for Interactive Brokers Group

Key Financial Trends

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