IG Group HoldingsIGGRF 76 Gross Margin % is 65.69% as of May. 2025, which is 28% below its 10-year median of 90.88. GuruFocus rates IGGRF with a GF Score™ of 76/100 and a GF Value™ of $16.48 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 620 Capital Markets companies, IG Group Holdings ranks better than 81.61% on this metric.
IG Group Holdings PLC gross margin has been in long-term decline. The average rate of decline per year is -4.8%.
The historical rank and industry rank for IG Group Holdings's Gross Margin % or its related term are showing as below:
IGGRF'
s Gross Margin % Range Over the Past 10 Years
Min: 76.57 Med: 90.88 Max: 97.58
Current: 81.63
During the past 13 years, the highestGross Margin % of IG Group Holdings was 97.58%. The lowest was 76.57%. And the median was 90.88%.
IGGRF's Gross Margin % is ranked better than 81.61% of 620
companies
in the Capital Markets industry
Industry Median: 49.63
vs IGGRF: 81.63
IG Group Holdings had a gross margin of 65.69% for the quarter that ended in May. 2025 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for IG Group Holdings was -4.80% per year.
IG Group Holdings (OTCPK:IGGRF) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
IG Group Holdings had a gross margin of 65.69% for the quarter that ended in May. 2025 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
IG Group Holdings Gross Margin % Related Terms
IG Group Holdings Gross Margin % Historical Data
* Premium members only.
The historical data trend for IG Group Holdings's Gross 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.
For the Capital Markets subindustry, IG Group Holdings's Gross Margin %, along with its competitors' market caps and Gross 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.
IG Group Holdings Gross Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, IG Group Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where IG Group Holdings's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
IG Group Holdings (IGGRF) has a Gross Margin % of 65.69% as of May. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on IG Group Holdings and its competitors. This is 28% below median its historical median of 90.88. Over the past decade, IG Group Holdings' Gross Margin % has ranged from 76.57 to 97.58. According to the industry distribution chart, IG Group Holdings ranks #114 out of 620 companies in the Capital Markets industry, placing it in the top 18.4%.
Is IG Group Holdings' Gross Margin % too high?
IG Group Holdings' current Gross Margin % of 65.69% is 28% below median its 10-year median of 90.88. Over the past 10 years, this metric has ranged from a low of 76.57 to a high of 97.58. The Capital Markets industry median Gross Margin % is 49.63. IG Group Holdings' value of 65.69% is 32.4% above this industry median. Based on the distribution chart, IG Group Holdings ranks #114 out of 620 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, IG Group Holdings has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IG Group Holdings' Gross Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, IG Group Holdings ranks #114 out of 620 companies for Gross Margin %. This places IG Group Holdings in the top 18% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 49.63. IG Group Holdings' value of 65.69% is 32.4% above this benchmark. Historically, IG Group Holdings' own Gross Margin % has ranged from 76.57 to 97.58 over the past decade. While the company's 10-year median is 90.88 vs. the industry median of 49.63, IG Group Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Capital Markets company?
The median Gross Margin % among Capital Markets companies is 49.63, based on 620 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IG Group Holdings's current Gross Margin % of 65.69% is 32.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on IG Group Holdings and its competitors. For the Capital Markets industry, the median Gross Margin % is 49.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IG Group Holdings's current Gross Margin % is 65.69%, which is 28% below median its own 10-year median of 90.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IG Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, IG Group Holdings (IGGRF) is currently considered Significantly Overvalued. The stock's GF Value™ is $16.48, compared to a current price of $24.80 — trading 50.5% above its estimated fair value. The current Gross Margin % is 65.69%, which is 28% below median its 10-year median of 90.88 and 32.4% above the Capital Markets industry median of 49.63. IG Group Holdings' overall GF Score™ is 76/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For IG Group Holdings (IGGRF), the current Gross Margin % is 65.69% as of May. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is IG Group Holdings (IGGRF) Overvalued in 2026?
Based on GuruFocus' analysis, IG Group Holdings stock appears to be overvalued.
The current stock price of $24.80 is trading 50.5% above its estimated GF Value™ of $16.48.
GuruFocus considers IG Group Holdings to be Significantly Overvalued.
Key valuation signals for IGGRF:
Gross Margin %: 65.69% (28% below median its 10-year median of 90.88)
GF Value™: $16.48 vs. price of $24.80 (50.5% above fair value)
Industry Position: 32.4% above the Capital Markets median (#114 of 620)
No single metric tells the full story. See the IGGRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IG Group Holdings PLC provides online trading services to its clients. The majority of the company's revenue stems from its derivative products and contracts for difference (CFDs). The company operates through various segments which are The U.K. segment which derives its revenue from financial spread bets, CFDs, binary options, and execution-only stockbroking. The Australian segment derives its revenue from CFDs and binary options. The European segment derives its revenue from CFDs, binary options, and execution-only stockbroking. The Rest of the World segment derives its revenue from the operation of a regulated futures and options exchange as well as CFDs and binary options. The company generates more than half of its revenue from the U.K., followed by Europe and Australia.
76GF Score
Get the complete analysis for IGGRF
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
IGGRF has been successfully added to your 
