Zacks Investment Research·Jun 26, 2026
4 Stocks Worth Buying Now on Solid Cash Flow GrowthBrightSpring, Dycom, StoneX and Orion stand out as buy-worthy stocks, backed by rising cash flows and upward earnings estimate revisions.
StoneX Group Inc.(SNEX)Earnings, Financials & Key Ratios
SNEX•NASDAQ
$121.49
30.9× P/E·Price updated Jul 7, 2026
AboutStoneX Group Inc. operates as a global financial services network that connects companies, organizations, traders, and investors to market ecosystem worldwide. Its Commercial segment provides risk management and hedging, exchange-traded and OTC products execution and clearing, voice brokerage, market intelligence, physical trading, and commodity financing and logistics services. The company's Institutional segment provides equity trading services to institutional clients; and originates, structures, and places debt instruments in capital markets worldwide. Its services cover foreign securities, including unlisted American Depository Receipts, Global Depository Receipts, and foreign ordinary shares. This segment also operates as an institutional dealer in fixed income securities to serve asset managers, commercial bank trust and investment departments, broker-dealers, and insurance companies; engages in asset management business; and offers clearing and execution services in futures exchanges, brokerage foreign exchange services for the financial institutions and professional traders, and OTC products. The company's Retail segment provides trading services and solutions in the global financial markets, including spot foreign exchange, precious metals trading, and contracts for differences; and wealth management and investment services, as well as offers physical gold and other precious metals in various forms and denominations through coininvest.com and silver-to-go.com. Its Global Payments segment provides foreign exchange and treasury services to banks and commercial businesses, charities, and non-governmental and government organizations; and payments services. The company was formerly known as INTL FCStone Inc. and changed its name to StoneX Group Inc. in July 2020. StoneX Group Inc. was founded in 1924 and is headquartered in New York, New York.Show more
- EBITDA$2.15B+16.8%
- Net Income$306M+17.3%
- EPS (Diluted)3.93+11.0%
- Gross Margin1.95%-3.0%
- EBITDA Margin1.63%-11.8%
- Operating Margin1.55%-12.4%
- Net Margin0.23%-11.5%
- ROE14.97%-11.4%
SNEX Price & Volume
StoneX Group Inc. (SNEX) stock price & volume — 10-year historical chart
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Rapid Revenue Scaling Faces Structural Margin Constraints
Investment Thesis • Updated 2026Q2
VerdictNeutral
Growth:Accelerating
Profitability:Strained
Financial:Vulnerable
Cash Flow:Mixed
Primary Risk:High leverage and thin margins
Key Thesis Takeaways
- StoneX Group has demonstrated aggressive top-line growth, with revenue expanding from $19.6 billion in 2024Q1 to $45.8 billion in 2026Q2, driven by its specialized institutional clearing and hedging services.
- However, this growth is tempered by structurally thin net margins of 0.4% and significant balance sheet volatility, where total assets have surged to $53.6 billion.
- Investors should remain cautious regarding the firm's reliance on high-leverage operations and the potential for goodwill impairment, as the $743.8 million in goodwill now represents a substantial portion of the $2.7 billion equity base.
Verdict Logic
while the firm has achieved significant scale, the combination of a 0.4% net margin and high operational leverage warrants caution until cash flow stability improves beyond the volatile $4.2 billion inflow observed in 2026Q2.
SNEX Growth Metrics
StoneX Group Inc. (SNEX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years14.33%
5 Years19.58%
3 Years26.09%
TTM-
Profit CAGR
10 Years18.57%
5 Years12.52%
3 Years13.88%
TTM56.53%
EPS CAGR
10 Years11.87%
5 Years0.52%
3 Years9.79%
TTM14.99%
Return on Capital
10 Years15.69%
5 Years14.28%
3 Years13.76%
Last Year10.7%
SNEX Recent Earnings
StoneX Group Inc. (SNEX) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 12/12 qtrs (100%)
Q2 2026Latest
May 6, 2026Metric
Actual
Est
EPS
$2.07+29.4%
$1.60
Rev
$1.6B+14.6%
$1.4B
Q1 2026
Feb 4, 2026Metric
Actual
Est
EPS
$1.67+21.9%
$1.37
Rev
$1.4B+15.6%
$1.2B
Q4 2025
Nov 24, 2025Metric
Actual
Est
EPS
$1.57+8.3%
$1.45
Rev
$32.7B+3058.8%
$1.0B
Q3 2025
Aug 5, 2025Metric
Actual
Est
EPS
$1.22-12.2%
$1.39
Rev
$34.8B+3673.0%
$923M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 6, 2026 | $2.07vs $1.60+29.4% | $1.6Bvs $1.4B+14.6% |
| Q1 2026 | Feb 4, 2026 | $1.67vs $1.37+21.9% | $1.4Bvs $1.2B+15.6% |
| Q4 2025 | Nov 24, 2025 | $1.57vs $1.45+8.3% | $32.7Bvs $1.0B+3058.8% |
| Q3 2025 | Aug 5, 2025 | $1.22vs $1.39-12.2% | $34.8Bvs $923M+3673.0% |
Based on last 12 quarters of dataView full earnings history →
Latest SNEX News
Recent stock market news and headlines for StoneX Group Inc. (SNEX)
Zacks Investment Research·Jun 26, 2026
StoneX Group (SNEX) Is a Great Choice for 'Trend' Investors, Here's WhyIf you are looking for stocks that are well positioned to maintain their recent uptrend, StoneX Group (SNEX) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
GlobeNewsWire·Jun 24, 2026
StoneX Launches Financial Institutions Group (FIG) Research Practice, Expanding Equity Research Coverage and Institutional CapabilitiesStoneX & Benchmark launch Financial Institutions Group research practice expanding the firm's equity research capabilities to regional and community banks.
Zacks Investment Research·Jun 22, 2026
Here's Why StoneX Group Inc. (SNEX) is a Strong Growth StockWondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Zacks Investment Research·Jun 22, 2026
5 Stocks With Recent Price Strength to Maximize Your GainsVPG, ASX, SNEX, HOFT and HLIO surge on strong momentum, with sharp price gains and rising earnings estimates signaling potential for continued upside.
Peers Comparison
Key metrics vs top competitors for StoneX Group Inc. (SNEX)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $121.49 | $9.63B | 30.91 | 32.53% | 0.23% | 14.97% | — | |
| $94.57 | $41.93B | 42.60 | 9.83% | 9.77% | 5.21% | — | |
| $63.23 | $5.39B | 12.33 | 26.25% | 14.17% | 29.37% | — | |
| $13.36 | $2.5B | 31.81 | 8.04% | 9.04% | 86.52% | — | |
| $307.58 | $24.6B | 28.17 | 37.18% | 4.93% | 17.04% | — | |
| $75.08 | $5.35B | 18.96 | 28.55% | 14.09% | 18.77% | — |
Compare SNEX vs Peers
StoneX Group Inc. (SNEX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
SNEX SEC Filings & Documents
StoneX Group Inc. (SNEX) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
May 6, 2026·SEC
Material company update
Mar 13, 2026·SEC
Material company update
Mar 12, 2026·SEC
10-K Annual Reports
210-Q Quarterly Reports
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SNEX Frequently Asked Questions
StoneX Group Inc. (SNEX) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is StoneX Group Inc.'s revenue?
StoneX Group Inc. (SNEX) reported $152.34B in revenue for fiscal year 2025.
How fast is StoneX Group Inc. growing?
StoneX Group Inc. (SNEX) grew revenue by 32.5% over the past year. This is strong growth.
Is SNEX profitable?
Yes, StoneX Group Inc. (SNEX) is profitable, generating $462.4M in net income for fiscal year 2025 (0.2% net margin).
Dividend & Returns
What is SNEX's return on equity?
StoneX Group Inc. (SNEX) has a return on equity (ROE) of 15.0%. This is reasonable for most industries.
What is StoneX Group Inc.'s free cash flow?
StoneX Group Inc. (SNEX) generated $7.90B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.