BGC Group (FRA:ESD) Interest Coverage: 4.99 (As of Mar. 2026) — 108% Above Median


FRA:ESD BGC Group Inc FRA:ESD
61 GF Score
Price €9.15
GF Value €10.63
Valuation Modestly Undervalued
! 4 Warning Signs
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What is BGC Group Interest Coverage?

BGC Group FRA:ESD +2.23% 61 Interest Coverage is 4.99 as of Mar. 2026, which is 108% above its 10-year median of 2.40. GuruFocus rates FRA:ESD with a GF Score™ of 61/100 and a GF Value™ of €10.63 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 430 Capital Markets companies, BGC Group ranks worse than 75.81% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. BGC Group's Operating Income for the three months ended in Mar. 2026 was €140 Mil. BGC Group's Interest Expense for the three months ended in Mar. 2026 was €-28 Mil. BGC Group's interest coverage for the quarter that ended in Mar. 2026 was 4.99. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for BGC Group's Interest Coverage or its related term are showing as below:

FRA:ESD' s Interest Coverage Range Over the Past 10 Years
Min: 1.37   Med: 2.4   Max: 5.03
Current: 2.71


FRA:ESD's Interest Coverage is ranked worse than
75.81% of 430 companies
in the Capital Markets industry
Industry Median: 19.375 vs FRA:ESD: 2.71

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


BGC Group  (FRA:ESD) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


BGC Group Interest Coverage Related Terms


BGC Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for BGC Group's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

BGC Group Interest Coverage Chart

BGC Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 3.50 1.80 2.03 2.40

BGC Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 4.12 3.42 2.76 0.00 4.99

FRA:ESD vs MARA, GLXY, VIRT: Interest Coverage Comparison

For the Capital Markets subindustry, BGC Group's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Capital Markets Industry

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

* The bar in red indicates where BGC Group's Interest Coverage falls into.


FRA:ESD
61GF Score
BGC Group Inc FRA:ESD
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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BGC Group Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

BGC Group's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, BGC Group's Interest Expense was €-107 Mil. Its Operating Income was €257 Mil. And its Long-Term Debt & Capital Lease Obligation was €1,482 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*256.682/-107.022
=2.40

BGC Group's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, BGC Group's Interest Expense was €-28 Mil. Its Operating Income was €140 Mil. And its Long-Term Debt & Capital Lease Obligation was €1,537 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*140.063/-28.071
=4.99

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 4.99 mean?
BGC Group (FRA:ESD) has a Interest Coverage of 4.99 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on BGC Group and its competitors. This is 108% above median its historical median of 2.40. Over the past decade, BGC Group's Interest Coverage has ranged from 1.37 to 5.03. According to the industry distribution chart, BGC Group ranks #326 out of 430 companies in the Capital Markets industry, placing it in the top 75.8%.
Is BGC Group's Interest Coverage too high?
BGC Group's current Interest Coverage of 4.99 is 108% above median its 10-year median of 2.40. Over the past 10 years, this metric has ranged from a low of 1.37 to a high of 5.03. The Capital Markets industry median Interest Coverage is 19.38. BGC Group's value of 4.99 is 74.2% below this industry median. Based on the distribution chart, BGC Group ranks #326 out of 430 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, BGC Group has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BGC Group's Interest Coverage compare to MARA and GLXY?
According to the Capital Markets industry distribution chart, BGC Group ranks #326 out of 430 companies for Interest Coverage. This places BGC Group in the lower half of its industry. The industry median Interest Coverage is 19.38. BGC Group's value of 4.99 is 74.2% below this benchmark. Historically, BGC Group's own Interest Coverage has ranged from 1.37 to 5.03 over the past decade. While the company's 10-year median is 2.40 vs. the industry median of 19.38, BGC Group has consistently been below 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 Interest Coverage for a Capital Markets company?
The median Interest Coverage among Capital Markets companies is 19.38, based on 430 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BGC Group's current Interest Coverage of 4.99 is 74.2% below 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on BGC Group and its competitors. For the Capital Markets industry, the median Interest Coverage is 19.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BGC Group's current Interest Coverage is 4.99, which is 108% above median its own 10-year median of 2.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BGC Group stock overvalued right now?
Based on GuruFocus' analysis, BGC Group (FRA:ESD) is currently considered Modestly Undervalued. The stock's GF Value™ is €10.63, compared to a current price of €9.15 — trading 13.9% below its estimated fair value. The current Interest Coverage is 4.99, which is 108% above median its 10-year median of 2.40 and 74.2% below the Capital Markets industry median of 19.38. BGC Group's overall GF Score™ is 61/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For BGC Group (FRA:ESD), the current Interest Coverage is 4.99 as of Mar. 2026. 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 BGC Group (FRA:ESD) Overvalued in 2026?

Based on GuruFocus' analysis, BGC Group stock appears to be undervalued. The current stock price of €9.15 is trading 13.9% below its estimated GF Value™ of €10.63. GuruFocus considers BGC Group to be Modestly Undervalued.

Key valuation signals for FRA:ESD:

  • Interest Coverage: 4.99 (108% above median its 10-year median of 2.40)
  • GF Value™: €10.63 vs. price of €9.15 (13.9% below fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 74.2% below the Capital Markets median (#326 of 430)

No single metric tells the full story. See the FRA:ESD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BGC Group Business Description

Other Exchanges BGC:USA
Address 499 Park Avenue, New York, NY, USA, 10022
BGC Group Inc is a brokerage and financial technology company that serves financial markets, energy, and commodities 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, financial institutions, and corporate clients. BGC operates in one reportable segment, which is providing brokerage services. Geographically, the company generates a majority of its revenue from Europe, the Middle East and Africa (EMEA), followed by the Americas and the Asia-Pacific region.
61GF Score

Get the complete analysis for FRA:ESD

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€9.15
Price
€10.63
GF Value