Interactive Brokers Group (FRA:KY6) Selling, General, & Admin. Expense: €262 Mil (TTM As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:KY6 Interactive Brokers Group Inc FRA:KY6
85 GF Score
Price €77.90
GF Value €42.61
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Interactive Brokers Group Selling, General, & Admin. Expense?

Interactive Brokers Group FRA:KY6 -1.60% 85 Selling, General, & Admin. Expense is €262 Mil as of Jun. 2026. GuruFocus rates FRA:KY6 with a GF Score™ of 85/100 and a GF Value™ of €42.61 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Interactive Brokers Group's selling, general, & admin. expense for the three months ended in Jun. 2026 was €69 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2026 was €262 Mil.


Interactive Brokers Group  (FRA:KY6) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Interactive Brokers Group Selling, General, & Admin. Expense Related Terms


Interactive Brokers Group Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Interactive Brokers Group's Selling, General, & Admin. Expense 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.

Interactive Brokers Group Selling, General, & Admin. Expense Chart

Interactive Brokers Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 184.97 186.91 231.08 337.12 247.66

Interactive Brokers Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Selling, General, & Admin. Expense 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 62.42 62.20 62.34 69.20 68.57

FRA:KY6 vs LPLA, TW, CRCL: Selling, General, & Admin. Expense Comparison

For the Capital Markets subindustry, Interactive Brokers Group's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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.


Interactive Brokers Group Selling, General, & Admin. Expense vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Interactive Brokers Group's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Interactive Brokers Group's Selling, General, & Admin. Expense falls into.


FRA:KY6
85GF Score
Interactive Brokers Group Inc FRA:KY6
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Interactive Brokers Group Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €262 Mil.

* 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.

What does a Selling, General, & Admin. Expense of €262 Mil mean?
Interactive Brokers Group (FRA:KY6) has a Selling, General, & Admin. Expense of €262 Mil as of Jun. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Interactive Brokers Group and its competitors.
Is Interactive Brokers Group's Selling, General, & Admin. Expense too high?
Interactive Brokers Group's current Selling, General, & Admin. Expense is €262 Mil. Overall, Interactive Brokers Group has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Interactive Brokers Group's Selling, General, & Admin. Expense compare to LPLA and TW?
Interactive Brokers Group's Selling, General, & Admin. Expense of €262 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for a Capital Markets company?
A good Selling, General, & Admin. Expense depends on the Capital Markets industry context. However, Selling, General, & Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Interactive Brokers Group and its competitors. Interactive Brokers Group's current Selling, General, & Admin. Expense is €262 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Interactive Brokers Group stock overvalued right now?
Based on GuruFocus' analysis, Interactive Brokers Group (FRA:KY6) is currently considered Significantly Overvalued. The stock's GF Value™ is €42.61, compared to a current price of €77.90 — trading 82.8% above its estimated fair value. The current Selling, General, & Admin. Expense is €262 Mil. Interactive Brokers Group's overall GF Score™ is 85/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Interactive Brokers Group (FRA:KY6), the current Selling, General, & Admin. Expense is €262 Mil as of Jun. 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 Interactive Brokers Group (FRA:KY6) Overvalued in 2026?

Based on GuruFocus' analysis, Interactive Brokers Group stock appears to be overvalued. The current stock price of €77.90 is trading 82.8% above its estimated GF Value™ of €42.61. GuruFocus considers Interactive Brokers Group to be Significantly Overvalued.

Key valuation signals for FRA:KY6:

  • Selling, General, & Admin. Expense: €262 Mil
  • GF Value™: €42.61 vs. price of €77.90 (82.8% above fair value)
  • GF Score™: 85/100 with 7 warning signs

No single metric tells the full story. See the FRA:KY6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Interactive Brokers Group Business Description

Address One Pickwick Plaza, Greenwich, CT, USA, 06830
Interactive Brokers is a large, automated, retail and institutional brokerage that boasted nearly $780 billion in customer equity at the end of 2025. The company cut its teeth as a market maker, introducing US financial markets to automated and algorithmic training before expanding into brokerage services in 1993. The firm has a wide-ranging client base, with its best-in-class order execution and extremely low margin lending rates catering to a sophisticated audience of hedge funds, proprietary traders, and introducing brokers that account for about 45% of the firm's commissions. With operations spanning more than 170 electronic exchanges, 40 countries, and 29 currencies, Interactive Brokers caters to a global clientele, with more than 80% of active accounts sitting outside the US.
85GF Score

Get the complete analysis for FRA:KY6

Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€77.90
Price
€42.61
GF Value