📊 BGC Key Takeaways
Investment Thesis
BGC demonstrates solid fundamental strength with robust revenue growth of 20.5% YoY, strong free cash flow generation of $372.9M (12.7% FCF margin), and healthy profitability metrics (5.3% net margin, 15.9% ROE). The company maintains adequate financial flexibility with $851.5M in cash and a manageable 10.6x interest coverage ratio, supporting its capital-light business model.
BGC Strengths
- Strong revenue growth of 20.5% YoY indicating market share gains and operational momentum
- Excellent free cash flow conversion with FCF of $372.9M representing 12.7% of revenue
- Solid profitability with 5.3% net margin and 15.9% ROE demonstrating effective capital utilization
- Robust interest coverage of 10.6x indicating low debt distress risk
- Substantial cash position of $851.5M providing strategic flexibility
BGC Risks
- Elevated leverage with 1.58x debt-to-equity ratio and $1.5B long-term debt requiring ongoing management
- Net income growth of 4.3% YoY significantly lagging revenue growth, suggesting margin pressure or cost headwinds
- Modest operating margin of 7.3% leaves limited cushion for economic downturns in the brokerage sector
- Capital structure shows total liabilities of $3.3B against $972.5M equity, indicating financial engineering concentration
Key Metrics to Watch
- Operating margin trend - monitor for sustained pressure given revenue-to-income growth divergence
- Free cash flow consistency - verify sustainability of $372.9M FCF generation
- Debt reduction trajectory - track progress on deleveraging from 1.58x ratio
- Revenue growth sustainability - assess whether 20.5% growth rate persists or moderates
BGC Financial Metrics
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
BGC Profitability Ratios
BGC vs Finance Sector
How BGC Group, Inc. compares to Finance sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
BGC Balance Sheet & Liquidity
BGC 5-Year Financial Trend
5-Year Trend Summary: BGC Group, Inc.'s revenue has grown significantly by 39% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.07 reflects profitable operations.
BGC Growth Metrics (YoY)
BGC Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $448.9M | $14.7M | $0.03 |
| Q2 2025 | $435.0M | $37.8M | $0.08 |
| Q1 2025 | $453.6M | $49.2M | $0.10 |
| Q3 2024 | $385.7M | $14.7M | $0.03 |
| Q2 2024 | $384.6M | -$726.0K | $0.00 |
| Q1 2024 | $410.8M | $19.0M | $0.05 |
| Q3 2023 | $331.4M | $5.8M | $0.01 |
| Q2 2023 | $339.1M | -$726.0K | $0.00 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
BGC Capital Allocation
BGC SEC Filings
Access official SEC EDGAR filings for BGC Group, Inc. (CIK: 0001094831)
📋 Recent SEC Filings
❓ Frequently Asked Questions about BGC
What is the AI rating for BGC?
BGC Group, Inc. (BGC) has an AI rating of BUY with 72% confidence, based on fundamental analysis of SEC EDGAR filings.
What are BGC's key strengths?
Strong revenue growth of 20.5% YoY indicating market share gains and operational momentum. Excellent free cash flow conversion with FCF of $372.9M representing 12.7% of revenue.
What are the risks of investing in BGC?
Elevated leverage with 1.58x debt-to-equity ratio and $1.5B long-term debt requiring ongoing management. Net income growth of 4.3% YoY significantly lagging revenue growth, suggesting margin pressure or cost headwinds.
What is BGC's revenue and growth?
BGC Group, Inc. reported revenue of $2.9B.
Does BGC pay dividends?
BGC Group, Inc. pays dividends, with $39.0M distributed to shareholders in the trailing twelve months.
Where can I find BGC SEC filings?
Official SEC filings for BGC Group, Inc. (CIK: 0001094831) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is BGC's EPS?
BGC Group, Inc. has a diluted EPS of $0.31.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.