Sector: Financials | Industry: Investment Banking & Brokerage Services |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 1 Pickwick Plz GREENWICH CT 06830 |
Tel: | N/A |
Website: | https://www.interactivebrokers.com/en/home.php |
IR: | See website |
Key People | ||
Thomas Peterffy Chairman of the Board | Milan Galik President, Chief Executive Officer, Director | Earl H. Nemser Vice Chairman of the Board |
Paul J. Brody Chief Financial Officer, Treasurer, Secretary, Director | Thomas A. J. Frank Executive Vice President, Chief Information Officer |
Business Overview |
Interactive Brokers Group, Inc. is an automated global electronic broker. The Company custody and service accounts for hedge and mutual funds, exchange-traded funds (ETFs), registered investment advisors, proprietary trading groups, introducing brokers and individual investors. It specializes in routing orders and executing and processing trades in stocks, options, futures, foreign exchange instruments (forex), bonds, mutual funds, ETFs, and precious metals on more than 150 electronic exchanges and market centers. In addition, its customers can use it trading platform to trade certain cryptocurrencies through third-party cryptocurrency service providers that execute, clear and custody the cryptocurrencies. Its key product offerings include IBKR Pro, IBKR Lite, and IBKR Universal Account. IBKRPro offers the lowest cost access to stocks, options, futures, forex, bonds, mutual funds, precious metals, and cryptocurrencies from a single unified platform with no added spreads. |
Financial Overview |
For the fiscal year ended 31 December 2023, Interactive Brokers Group, Inc. revenues increased 90% to $7.78B. Net income increased 58% to $600M. Revenues reflect Commissions segment increase of 3% to $1.36B, United States segment increase of 43% to $3.03B, Net Interest Margin - Total - % increase of 54% to 2.36%. Net income was partially offset by Employee compensation and benefits increase of 16% to $527M (expense). |
Employees: | 2,932 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $54,527M as of Dec 31, 2023 |
Annual revenue (TTM): | $7,776M as of Dec 31, 2023 |
EBITDA (TTM): | $3,207M as of Dec 31, 2023 |
Net annual income (TTM): | $600.00M as of Dec 31, 2023 |
Free cash flow (TTM): | $4,453M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $7,611M as of Dec 31, 2023 |
Shares outstanding: | 107,062,421 as of Feb 21, 2024 |
Index Membership: | S&P 400 Mid Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |