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BGC Group (BGC Group) Pretax Margin % : 6.38% (As of Dec. 2023)


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What is BGC Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. BGC Group's Pre-Tax Income for the three months ended in Dec. 2023 was $32 Mil. BGC Group's Revenue for the three months ended in Dec. 2023 was $500 Mil. Therefore, BGC Group's pretax margin for the quarter that ended in Dec. 2023 was 6.38%.

The historical rank and industry rank for BGC Group's Pretax Margin % or its related term are showing as below:

BGC' s Pretax Margin % Range Over the Past 10 Years
Min: -0.8   Med: 5.54   Max: 14.41
Current: 2.92


BGC's Pretax Margin % is ranked worse than
67.57% of 777 companies
in the Capital Markets industry
Industry Median: 18.06 vs BGC: 2.92

BGC Group Pretax Margin % Historical Data

The historical data trend for BGC Group's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BGC Group Pretax Margin % Chart

BGC Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.59 3.53 8.85 5.49 2.91

BGC Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.37 6.30 -6.52 5.05 6.38

Competitive Comparison of BGC Group's Pretax Margin %

For the Capital Markets subindustry, BGC Group's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BGC Group's Pretax Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, BGC Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where BGC Group's Pretax Margin % falls into.



BGC Group Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

BGC Group's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=57.709/1979.979
=2.91 %

BGC Group's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=31.889/500.174
=6.38 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


BGC Group  (NAS:BGC) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


BGC Group Pretax Margin % Related Terms

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BGC Group (BGC Group) Business Description

Traded in Other Exchanges
Address
499 Park Avenue, New York, NY, USA, 10022
BGC Group Inc is a brokerage and financial technology company that serves the global financial markets. Its service and product offerings include brokerage for a wide range of financial products including fixed income, equities, commodities, derivatives, and real estate, software solutions for trading platforms, clearing, trade execution, and other back-office services. Its clients mostly include banks, brokerage houses, hedge funds, and investment banks. BGC operates in one reportable segment, which is providing brokerage services to the financial markets. The company earns the majority of its revenue in the United Kingdom followed by the United States.
Executives
William Dean Addas director C/O DEUTSCHE BANK, 300 S. GRAND AVENUE, LOS ANGELES CA 90071-3109
Jason W. Hauf officer: Chief Financial Officer BGC PARTNERS, 499 PARK AVENUE, NEW YORK NY 10022
Arthur U Mbanefo director 280 PARK AVENUE 40 WEST, CO ORIX, NEW YORK NY 10017
Sean A Windeatt officer: Chief Operating Officer C/O BGC PARTNERS, INC., 499 PARK AVENNUE NY 10022
Stephen M Merkel officer: EVP and General Counsel C/O BGC PARTNERS, INC., 499 PARK AVENUE, NEW YORK NY 10022
Linda A Bell director C/O BGC PARTNERS, INC., 499 PARK AVENUE, NEW YORK NY 10022
David Richards director C/O BGC PARTNERS, INC., 499 PARK AVENUE, NEW YORK NY 10022
Martin Laguerre director C/O BGC PARTNERS, INC., 499 PARK AVENUE, NEW YORK NY 10022
Steven Bisgay officer: Chief Financial Officer 545 WASHINGTON BLVD, JERSEY CITY NJ 07310
Cf Group Management Inc director, 10 percent owner 135 EAST 57TH ST, NEW YORK NY 10022
Cantor Fitzgerald, L. P. director, 10 percent owner 110 EAST 59TH STREET, NEW YORK NY 10022
Sean Galvin officer: Chief Accounting Officer 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310
William J Moran director 135 EAST 57TH ST, NEW YORK NY 10022
Howard W Lutnick director, 10 percent owner, officer: Chief Executive Officer
Steven R Mcmurray officer: Chief Financial Officer C/O BGC PARTNERS, INC., 499 PARK AVENUE, NEW YORK NY 10022