BGCBGC Group, Inc.
Security & Commodity Brokers, Dealers, Exchanges & Services
- Revenue
- $2.4B
- 35% YoY
- Operating margin
- —
- EBITDA
- —
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- $1.0B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear269% of net incomeCash flow under 80% of net income
- Dilutive SBCClear2% of revenueOver 10% of revenue
- Payouts exceed cash flowClear81% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear11% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $1.7B | $1.4B | $1.6B | $1.8B | $2.4B | 35% |
| Net income | $153M | $59M | $39M | $123M | $147M | 19% |
| Operating cash flow | $417M | $224M | $405M | $315M | $394M | 25% |
| Capex | $10M | $11M | $15M | $30M | $21M | 27% |
| Buybacks | $365M | $104M | $115M | $262M | $282M | 7.4% |
| Dividends | $15M | $15M | $17M | $34M | $39M | 14% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 233 | 227 |
| FY2024 | $15M | $17M | 234 | 160 |
| FY2023 | $17M | $17M | 185 | 112 |
| FY2022 | $13M | $13M | 96 | 87 |
| FY2021 | $20M | $20M | 117 | 82 |