StoneX (SNEX) Asset Utilization Ratio (2011 - 2026)
StoneX's (SNEX) Asset Utilization Ratio was 2.93 for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 26.6% from 3.99 a year earlier and down 2.5% from the prior quarter.
StoneX (SNEX) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Asset Utilization Ratio at StoneX was 3.64, down 10.0% from FY2024.
- By fiscal year, Asset Utilization Ratio came in at 4.04 in FY2024 (+38.9%), 2.91 in FY2023 (-14.7%), 3.41 in FY2022 (+29.6%) and 2.63 in FY2021 (-43.1%).
- The fiscal Q3 2026 figure ranks as the lowest quarterly Asset Utilization Ratio since fiscal Q4 2023.
- Year over year, Asset Utilization Ratio has now declined in each of the last four quarters, with growth averaging 4.4% over the last eight quarters.
- The high point for year-over-year Asset Utilization Ratio in five years was fiscal Q4 2022 (growth of 40.9%); the low point was fiscal Q4 2021 (a decline of 43.0%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 3.00 (Q2 2026), 3.08 (Q1 2026) and 3.33 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 100.80 Bn | 100.80 Bn | - | 0.03 |
| 2 | Robinhood Markets | 98.01 Bn | 79.10 Bn | - | 0.10 |
| 3 | Bank of New York Mellon | 96.82 Bn | 36.20 Bn | - | 0.04 |
| 4 | Intercontinental Exchange | 87.60 Bn | 81.41 Bn | - | 0.08 |
| 5 | Nasdaq | 52.63 Bn | 50.06 Bn | 1.50 Bn | 0.32 |
| 6 | State Street | 48.07 Bn | 48.07 Bn | - | 0.04 |
| 7 | Interactive Brokers | 39.59 Bn | 33.05 Bn | - | 0.03 |
| 8 | Cboe Global Markets | 31.87 Bn | 23.53 Bn | 731.60 Mn | 0.47 |
| 9 | Northern Trust | 30.78 Bn | 30.78 Bn | - | 0.03 |
| 10 | StoneX | 7.35 Bn | -166.86 Mn | 1.47 Bn | 2.93 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.93 |
| Mar 31, 2026 | 3.00 |
| Dec 31, 2025 | 3.08 |
| Sep 30, 2025 | 3.33 |
| Jun 30, 2025 | 3.99 |
| Mar 31, 2025 | 4.04 |
| Dec 31, 2024 | 3.79 |
| Sep 30, 2024 | 3.74 |
| Jun 30, 2024 | 3.31 |
| Mar 31, 2024 | 3.00 |
| Dec 31, 2023 | 2.98 |
| Sep 30, 2023 | 2.77 |
| Jun 30, 2023 | 2.76 |
| Mar 31, 2023 | 3.09 |
| Dec 31, 2022 | 3.26 |
| Sep 30, 2022 | 3.36 |
| Jun 30, 2022 | 3.03 |
| Mar 31, 2022 | 2.61 |
| Dec 31, 2021 | 2.50 |
| Sep 30, 2021 | 2.39 |
StoneX Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=SNEX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "SNEX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=SNEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();