← StoneX Group Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $54.7m |
$6.4m
-88.30%
|
$55.5m
+767.19%
|
$85.1m
+53.33%
|
$169.6m
+99.29%
|
$116.3m
-31.43%
|
$207.1m
+78.07%
|
$238.5m
+15.16%
|
$260.8m
+9.35%
|
$305.9m
+17.29%
|
— | |
| Amortization | $600k | — | — | — | — | — | — | — | — | — | — | |
| Amortization and extinguishment of debt issuance costs | $1.1m | $1.9m | $1.0m | $1.5m | $6.5m | $3.9m | $4.5m | $5.8m | $5.4m | $4.7m | — | |
| Amortization of Debt Issuance Costs and Discounts | $1.1m | $1.9m | $1.0m | $1.5m | $6.5m | $3.9m | $4.5m | $5.8m | $5.4m | $4.7m | — | |
| Amortization of Intangible Assets | $1.6m | $2.8m | $2.3m | $2.8m | $5.8m | $15.1m | $14.4m | $14.7m | $7.5m | $9.5m | — | |
| Amortization of operating right of use assets | — | — | — | $0 | $9.9m | $12.2m | $15.9m | $14.0m | $21.5m | $31.5m | — | |
| Amortization of share-based compensation expense | $5.1m | $6.3m | $6.6m | $8.1m | $10.3m | $13.9m | $17.8m | $28.0m | $37.2m | $49.0m | — | |
| Depreciation | $6.6m | $7.0m | $9.4m | $11.2m | $13.3m | $21.3m | $30.0m | $36.3m | $45.6m | $58.0m | $134.0m | |
| Depreciation, Depletion and Amortization | $8.2m | $9.8m | $11.6m | $14.0m | $19.7m | $36.5m | $44.4m | $51.0m | $53.1m | $67.5m | $134.0m | |
| Other Depreciation and Amortization | — | — | — | — | $19.7m | $36.5m | $44.4m | — | — | — | — | |
| Deferred Income Tax Expense (Benefit) | ($800k) | ($9.8m) | $22.3m | $3.7m | $4.1m | $3.2m | ($300k) | ($2.4m) | ($10.5m) | $7.3m | $14.1m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | $800k | $0 | $0 | — | — | — | $2.3m | $6.6m | — | |
| Share-based Payment Arrangement, Expense | $5.1m | $6.3m | $6.6m | $8.1m | $10.3m | $13.9m | $17.8m | $28.0m | $37.2m | $49.0m | $56.1m | |
| Share-based Payment Arrangement, Noncash Expense | $5.1m | $6.3m | $6.6m | $8.1m | $10.3m | $13.9m | $17.8m | $28.0m | $37.2m | $49.0m | $56.1m | |
| Goodwill, Impairment Loss | — | — | — | — | — | $0 | $0 | $0 | $0 | $0 | — | |
| Impairment of Intangible Assets (Excluding Goodwill) | $0 | $0 | $3.9m | $10.8m | $11.8m | $6.5m | $200k | $0 | $0 | $0 | — | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | — | — | — | — | — | $27.8m | $16.2m | — | |
| Equity method investment | — | — | — | — | — | — | — | $0 | $0 | ($8.0m) | — | |
| Income (Loss) from Equity Method Investments | — | — | — | — | — | — | — | $0 | $0 | ($300k) | — | |
| Loss on equity method investment | — | — | — | — | — | — | — | $0 | $0 | $300k | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Deposits with and receivables from broker-dealers, clearing organizations, and counterparties, net | $135.7m | ($889.1m) | $408.8m | ($241.7m) | ($326.0m) | ($132.0m) | ($2.2b) | ($595.6m) | $262.5m | $182.6m | — | |
| Increase (Decrease) in Accounts Receivable | ($97.8m) | $116.4m | $24.3m | $134.3m | ($900k) | $68.3m | $119.7m | $80.5m | $330.3m | $285.5m | ($4.4b) | |
| Increase (Decrease) in Inventories | $91.0m | $1.7m | $98.7m | ($3.0m) | $51.8m | $166.4m | $67.2m | $1.3m | $144.1m | $231.2m | ($456.6m) | |
| Physical commodities inventory, net | ($91.0m) | ($1.7m) | ($98.7m) | $3.0m | ($51.8m) | ($166.4m) | ($67.2m) | ($1.3m) | ($144.1m) | ($231.2m) | — | |
| Accounts payable and other accrued liabilities | $7.5m | ($19.6m) | $18.6m | $6.7m | $42.7m | $35.7m | $101.4m | $82.5m | ($5.3m) | $108.4m | $3.7b | |
| Gain (Loss) on Disposition of Other Assets | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Other assets | ($17.4m) | ($16.0m) | ($3.3m) | ($8.3m) | ($3.7m) | ($16.7m) | ($9.8m) | ($60.4m) | ($119.8m) | ($62.3m) | — | |
| Securities and other assets segregated under federal and other regulations | — | — | — | $337.2m | $293.0m | ($1.0m) | ($591.5m) | $599.5m | ($46.0m) | $1.6b | — | |
| Net Cash Provided by (Used in) Operating Activities | ($27.8m) |
$13.9m
+150.00%
|
($74.0m)
-632.37%
|
$195.6m
+364.32%
|
$2.0b
+897.24%
|
$2.1b
+8.82%
|
($229.5m)
-110.81%
|
($23.7m)
+89.67%
|
$506.9m
+2238.82%
|
$4.4b
+765.71%
|
$3.9b
-12.08%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | $400k | ($300k) | $0 | $0 | $0 | $3.1m | $0 | $0 | $0 | ($2.3m) | $2.2m | |
| Payments to Acquire Property, Plant, and Equipment | $15.4m | $16.1m | $12.5m | $11.9m | $16.6m | $62.1m | $49.5m | $46.9m | $65.2m | $65.4m | ($73.2m) | |
| Additional consideration payable related to acquisitions, net | — | — | $0 | $1.8m | $21.6m | $3.9m | $0 | $11.1m | $3.7m | $33.6m | — | |
| Cash paid for acquisitions of businesses and assets, net of cash acquired | ($20.0m) | ($6.0m) | ($3.7m) | ($28.9m) | ($225.0m) | ($2.4m) | ($200k) | ($6.1m) | ($2.3m) | ($392.1m) | — | |
| Deferred payments on acquisitions | — | $0 | ($5.5m) | $0 | ($900k) | ($2.2m) | ($3.0m) | ($18.7m) | ($9.6m) | ($21.2m) | — | |
| Identified intangible assets and goodwill on acquisitions | $0 | $0 | $3.9m | $10.8m | $11.8m | $6.5m | $200k | $10.6m | $5.6m | $665.2m | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $20.0m | $6.0m | $3.7m | $28.9m | $225.0m | $2.4m | $200k | $6.1m | $2.3m | $392.1m | ($392.0m) | |
| Net Cash Provided by (Used in) Investing Activities | ($35.5m) | ($22.3m) | ($15.4m) | ($40.8m) | ($241.6m) | ($59.8m) | ($49.5m) | ($53.0m) | ($63.7m) | ($465.5m) | ($468.4m) | |
| Cash flows from financing activities: | ||||||||||||
| Debt issuance costs | ($2.1m) | ($300k) | ($400k) | ($3.3m) | ($15.0m) | $0 | $0 | $0 | ($7.7m) | ($10.5m) | — | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | — | $0 | $0 | ($3.7m) | $0 | — | |
| Loss on extinguishment of debt | — | — | — | — | — | — | $0 | $0 | $3.7m | $0 | — | |
| Provision for bad debts, net of recoveries | — | $4.3m | $3.1m | $2.5m | — | $10.4m | $15.8m | $16.5m | $600k | $3.1m | — | |
| Repayments of Long-term Debt | — | $45.5m | $0 | $6.6m | — | — | — | — | — | — | ($6.3m) | |
| Acquisition consideration paid in common stock | — | — | — | — | — | — | — | $0 | $0 | $300.1m | — | |
| Payments for Repurchase of Common Stock | $19.5m | $0 | $0 | $3.8m | $7.5m | $11.7m | $0 | $0 | — | — | — | |
| Purchase of exchange memberships and common stock | ($100k) | ($200k) | $0 | $0 | — | — | $0 | $0 | ($1.2m) | $0 | — | |
| Net Cash Provided by (Used in) Financing Activities | $121.0m |
$5.7m
-95.29%
|
$120.9m
+2021.05%
|
$9.6m
-92.06%
|
$312.3m
+3153.12%
|
($35.6m)
-111.40%
|
$65.8m
+284.83%
|
($169.3m)
-357.29%
|
$188.0m
+211.05%
|
$914.8m
+386.60%
|
$800.0m
-12.55%
|
|
| Net increase/(decrease) in cash, segregated cash, cash equivalents, and segregated cash equivalents | — | $1.0b | ($372.2m) | $163.7m | $2.0b | $2.0b | ($224.4m) | ($243.4m) | $630.9m | $4.8b | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $1.4m | ($4.1m) | $163.7m | $2.0b | $2.0b | ($224.4m) | ($243.4m) | $630.9m | $4.8b | $11.7b | |
| Cash, segregated cash, cash equivalents, and segregated cash equivalents at beginning of period | — | $2.7b | $2.3b | $2.5b | $4.5b | $6.5b | $6.3b | $6.0b | $6.7b | $11.5b | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $2.5b | $4.5b | $6.5b | $6.3b | $6.0b | $6.7b | $11.5b | $11.7b | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $1.4m | ($4.1m) | ($700k) | ($4.2m) | $13.8m | ($11.2m) | $2.6m | ($300k) | $10.0m | $4.5m | |
| Effect of exchange rates on cash, segregated cash, cash equivalents, and segregated cash equivalents | — | $1.4m | ($4.1m) | ($700k) | ($4.2m) | $13.8m | ($11.2m) | $2.6m | ($300k) | $10.0m | — | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Accretion Expense | $400k | $100k | $0 | $0 | $500k | $1.1m | — | — | — | — | — | |
| Accretion of deferred consideration | — | — | — | — | — | — | — | $0 | $0 | $1.1m | — | |
| Acquisition consideration paid in silver bullion | — | — | — | — | — | — | — | $0 | $0 | $12.6m | — | |
| Actuarial adjustment on pension and postretirement benefits | $0 | ($300k) | ($300k) | ($300k) | ($200k) | ($300k) | ($100k) | $300k | $100k | ($100k) | — | |
| Additional Financial Items | ||||||||||||
| Adjustment to fair value of deferred consideration | — | — | — | — | — | — | — | $0 | $0 | ($1.5m) | — | |
| Assets acquired | $187.1m | $0 | $1.7m | $47.1m | $1.2b | $6.5m | $0 | $141.6m | $700k | $7.4b | — | |
| Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain (Loss), Net | — | — | — | — | ($600k) | ($1.1m) | — | — | — | — | — | |
| Cash and cash equivalents | $316.2m | $314.9m | $342.3m | $471.3m | $952.6m | $1.1b | $1.1b | $1.1b | $1.3b | $1.6b | $7.5b | |
| Cash segregated and deposited with or pledged to exchange-clearing organizations and other futures commission merchants (“FCMs”) | — | — | $711.9m | $947.4m | $698.7m | $2.7b | $2.1b | $1.3b | $1.7b | $3.9b | — | |
| Cash segregated under federal and other regulations | — | — | $765.5m | $743.9m | $1.9b | $2.3b | $2.5b | $2.4b | $2.8b | $4.3b | — | |
| Collection of notes receivable | — | — | — | — | — | — | $0 | $0 | $5.0m | $0 | — | |
| Derivative, Gain (Loss) on Derivative, Net | — | — | — | — | — | — | — | — | — | $584.5m | — | |
| Exercise of stock options | $3.5m | $3.4m | $2.6m | $1.2m | $5.5m | $9.2m | $6.7m | $3.7m | $7.7m | $10.7m | — | |
| Financial instruments owned, at fair value | ($192.9m) | ($125.6m) | ($308.7m) | ($113.3m) | ($552.5m) | ($1.6b) | $187.3m | ($857.9m) | ($1.7b) | ($1.8b) | — | |
| Financial instruments sold, not yet purchased, at fair value | $273.9m | ($124.4m) | $153.9m | ($156.1m) | ($28.8m) | $1.1b | $627.8m | $658.4m | ($205.4m) | $66.5m | — | |
| Gain (Loss) Related to Litigation Settlement | — | — | — | $2.4m | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Business | ($6.2m) | $0 | $0 | — | — | — | — | — | — | — | — | |
| Gain on acquisition | ($6.2m) | $0 | $0 | ($5.5m) | ($81.9m) | ($3.3m) | $0 | ($23.5m) | $0 | $0 | — | |
| Goodwill | $47.5m | $47.1m | $48.4m | $51.2m | $54.7m | $58.1m | $58.2m | $59.3m | $61.0m | $298.3m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $54.7m | $6.4m | $55.5m | $85.1m | $169.6m | $116.3m | $207.1m | $238.5m | $260.8m | $305.9m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $54.7m | $6.4m | $55.5m | $85.1m | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $0 | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $0 | — | — | — | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $18.0m | $8.8m | $46.0m | $25.9m | $37.1m | $37.8m | $70.1m | $84.5m | $93.3m | $102.9m | — | |
| Income Taxes Paid, Net | $8.5m | $17.1m | $22.2m | $24.6m | $44.0m | $52.0m | $56.3m | $71.0m | $117.8m | $118.2m | — | |
| Income taxes payable | $300k | $200k | $3.2m | $1.8m | ($300k) | ($9.4m) | $2.8m | $29.3m | ($19.6m) | ($4.9m) | — | |
| Income taxes receivable | $8.2m | $500k | ($1.3m) | ($4.2m) | ($11.1m) | ($9.6m) | $10.4m | ($13.4m) | $7.2m | ($19.7m) | — | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $26.0m | $38.0m | $78.9m | $153.2m | $90.4m | $87.0m | $149.2m | $786.5m | $1.2b | $1.5b | — | |
| Liabilities acquired | ($136.0m) | $0 | ($1.9m) | ($8.9m) | ($359.5m) | ($4.1m) | $0 | ($84.1m) | $600k | $7.0b | — | |
| Net change in lenders under loans with maturities 90 days or less | — | $48.2m | $125.8m | ($162.6m) | $99.7m | ($33.5m) | $211.5m | ($119.3m) | ($2.2m) | $317.4m | — | |
| Notes receivable, net | $59.5m | $8.3m | $6.8m | $900k | $1.2m | ($4.4m) | $1.0m | ($100k) | $200k | $0 | — | |
| Operating Costs and Expenses | $29.4m | $37.5m | $26.3m | — | — | — | — | — | — | — | — | |
| Operating lease liabilities | — | — | — | — | ($9.5m) | ($8.6m) | ($16.0m) | ($8.0m) | ($9.8m) | ($25.5m) | — | |
| Payable to broker-dealers, clearing organizations and counterparties | ($53.8m) | ($124.1m) | ($27.8m) | $176.4m | $270.8m | $76.0m | $46.3m | ($217.8m) | $291.8m | $229.2m | — | |
| Payable to clients | $172.2m | $290.9m | $520.0m | ($46.8m) | $2.1b | $2.1b | $2.1b | $81.4m | $369.9m | $2.9b | — | |
| Proceeds from Stock Options Exercised | $3.5m | $3.4m | $2.6m | $1.2m | $5.5m | $9.2m | $6.7m | $3.7m | $7.7m | $10.7m | — | |
| Proceeds from issuance of senior secured notes | — | — | $0 | $0 | $344.8m | $0 | $0 | $0 | $550.0m | $625.0m | — | |
| Proceeds from lenders under loans with maturities greater than 90 days | — | $0 | $0 | $357.2m | $608.5m | $191.4m | $547.0m | $187.0m | $10.0m | $0 | — | |
| Provision for Loan, Lease, and Other Losses | — | — | $1.0m | — | — | — | — | — | — | — | — | |
| Receivable from clients, net | $97.8m | ($116.4m) | ($24.3m) | ($134.3m) | $900k | ($68.3m) | ($119.7m) | ($80.5m) | ($330.3m) | ($285.5m) | — | |
| Repayment of senior secured notes | — | ($45.5m) | $0 | $0 | ($92.1m) | ($1.6m) | ($500k) | $0 | ($347.9m) | $0 | — | |
| Repayments of lenders under loans with maturities greater than 90 days | — | $0 | $0 | ($346.7m) | ($642.0m) | ($186.4m) | ($522.0m) | ($222.0m) | ($10.0m) | $0 | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | — | $452.0m | $487.3m | $2.1b | $3.6b | $3.5b | $2.2b | $3.1b | — | |
| Securities Segregated under Other Regulations | — | — | — | $288.7m | $909.9m | $400.0m | $376.8m | $1.3b | $925.7m | $1.2b | — | |
| Securities borrowed | $0 | ($79.7m) | ($138.8m) | ($1.2b) | ($16.8m) | ($723.1m) | $953.3m | $80.7m | ($533.2m) | ($1.1b) | — | |
| Securities loaned | $0 | $93.6m | $166.8m | $1.2b | ($18.0m) | $711.7m | ($964.1m) | ($72.2m) | $498.6m | $934.9m | — | |
| Securities purchased under agreements to resell | ($285.1m) | $203.0m | ($464.9m) | ($553.7m) | ($271.7m) | ($543.7m) | $567.9m | ($1.3b) | ($2.2b) | ($3.5b) | — | |
| Securities segregated under federal and other regulations | — | — | — | — | $0 | $0 | $200.0m | $0 | $0 | $478.8m | — | |
| Securities sold under agreements to repurchase | $159.8m | $226.0m | $543.7m | $837.0m | $381.8m | $1.2b | ($1.1b) | $1.3b | $4.1b | $5.0b | — | |
| Shares withheld to cover taxes on vesting of equity awards | $0 | $0 | ($800k) | $0 | $0 | — | $0 | $0 | ($2.3m) | ($6.6m) | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Total net assets acquired | $51.1m | $0 | ($200k) | $38.2m | $809.7m | $2.4m | $0 | $57.5m | $100k | $410.9m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.