What does securities — gross profit mean?

Revenue from the Securities segment minus direct costs of generating that revenue.

How do you interpret securities — gross profit?

An increase indicates improved pricing power or more efficient execution of trades and brokerage services.

How does securities — gross profit compare across companies?

Similar to 'Net Revenue' or 'Gross Margin' for brokerage segments at other financial services firms.

StoneX Group Inc. SNEX Securities — Gross Profit

Discontinued — last reported Q3 '20

Similar metrics at other companies

SEICOperating Segments — Gross Profit

$131.26M+21.4%

ALGNSystems and Services — Gross Profit

$123.72M+4.8%

PAGOther — Gross Profit

$41.3M+5.0%

PTCSolutions Group — Gross Profit

$167.89M+4.4%

LADRSecurities — Income (loss) before taxes

$15.89M-21.5%

RRXOperating Segments — Gross Profit

$234.9M+9.0%

Other financials

Income statement

See full

Revenue$829.1M+70.1%

Gross profit-$43.4B-22.3%

Operating income-$10.9M+59.5%

Net income$174.3M+143%

EPS (diluted)$2.07+120%

Balance sheet

See full

Cash & equivalents$12.8B+114%

Total debt$1.9B+79.0%

Total equity$2.7B+43.4%

Total assets$53.6B+71.4%

Cash flow

See full

Operating cash flow$2.8B+1,911%

CapEx$21.3M+39.2%

Free cash flow$2.8B+1,736%

Valuation

See full

Market cap$11.02B+72.7%

Enterprise value$171.75M-272%

P/E23.8×+2.2×

P/S4.2×+0.8×

Profitability

See full

Gross margin-5,500.2%-539pp

Operating margin-2.6%-0.7pp

Net margin17.6%+2.1pp

FCF margin246.8%—

Returns & leverage

See full

Return on equity20.2%+2.9pp

Debt / equity0.7×+0.1×

Where this comes from

Reported directly by StoneX Group Inc. in its filing.

Tagged under the XBRL concept us-gaap:GrossProfit.

The official record: StoneX Group Inc.’s 10-Q, filed August 7, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does securities — gross profit mean?: Revenue from the Securities segment minus direct costs of generating that revenue.
How do you interpret securities — gross profit?: An increase indicates improved pricing power or more efficient execution of trades and brokerage services.
How does securities — gross profit compare across companies?: Similar to 'Net Revenue' or 'Gross Margin' for brokerage segments at other financial services firms.