Interactive Brokers Group Inc - Ordinary Shares - Class A

Interactive Brokers Group Inc - Ordinary Shares - Class A

IBKR

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Market Cap$37.69B
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P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Interactive Brokers Group Inc - Ordinary Shares - Class AInteractive Brokers Group Inc - Ordinary Shares - Class A34.70.38%19%3.5-

Earnings Call Q2 2026

July 21, 2026 - AI Summary

Record performance + very strong profitability (good) - The firm reported record commissions, net interest, and total net revenue, plus record client metrics including total accounts, account adds, client equity, and total client DARTs. - Pre-tax margin: 77%, “seventh consecutive quarter” above 70%—a key indicator of strong operating leverage. - Commissions rose 30% YoY to a new record, driven by robust trading volumes in stocks/options/futures.
Client activity and balance growth are strong, lifting “idle cash” (good + slightly surprising) - Trading activity increased vs. last year, with clients taking on more risk via margin loans or derivatives. - New accounts up 34% drove client uninvested cash balances up 27% YoY to a record $182B. - Client equity rose 40% to $930B—showing both asset growth and increased participation. - Fully rate-sensitive customer balances: $28.4B (vs. $22.8B a year ago), supporting higher interest earnings.
Revenue/cost structure remains efficient; key driver is higher balances and rates (neutral-to-good) - Net interest income rose 23% YoY to >$1B, primarily from higher balances (margin loans and segregated cash), partially offset by interest paid on customer cash. - Gross transactional profit margin: 83% (commissions remain very “high quality” relative to execution/clearing economics). - Execution/clearing costs up 22% YoY largely due to reinitiation of SEC regulatory fees (previously zero since mid-2Q25), but management emphasizes these are largely pass-through.

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$107.92

Target Price by Analysts

28.3% upsideInteractive Brokers Group Target Price DetailsTarget Price
$169.22

Current Fair Value

101.1% upside

Undervalued by 101.1% based on the discounted cash flow analysis.

Share Statistics

Market cap$37.69 Billion
Enterprise Value$-26,605,369,220.00
Dividend Yield$0.34 (0.38%)
Earnings per Share$2.23
Beta1.37
Outstanding Shares447,903,860

Return

Return on Equity19.07%ROE
Return on Assets0.46%
Return on Invested Capital38.65%

Valuation & Multiples

P/E Ratio34.73P/E Ratio
PEG-57.79PEG
Price to Sales3.51Price to Sales
Price to Book Ratio1.72Price to Book Ratio
Enterprise Value to Revenue7.82
Enterprise Value to EBIT10.18
Enterprise Value to Net Income-24
Total Debt to Enterprise0
Debt to Equity0Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
July 21, 2026
EPS Estimate
$0.64
Average shareholder expectation
Revenue Estimate
$1.80 B
Average shareholder expectation

Next Earnings Call

Expected Date
October 15, 2026
EPS Estimate
$0.67
Average shareholder expectation
Revenue Estimate
$1.86 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.0000▼ 73.57%
Total Calls-▼ 100.00%
Total Puts-▼ 100.00%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %0.57%▼ 86.86%
Total Invested$216.51M▼ 99.37%
Investors Holding36▼ 1129.00%

ESG Score

No data

About Interactive Brokers Group Inc

CEO: Milan Galik