StoneX (SNEX) Operating Margin (2010 - 2026)
StoneX (SNEX) posted Operating Margin of 2.11% for Q1 2026, down 98.3% quarter-over-quarter from 124.12% in Q4 2025, and down 11399.0% year-on-year from N/an in Q1 2025.
StoneX (SNEX) Operating Margin (2010 - 2026) Analysis & Trends
StoneX (SNEX) has reported Operating Margin for 17 consecutive years, with 2.11% the latest figure, recorded in Q1 2026.
- Operating Margin for Q1 2026 came in at 2.11%, down 11399.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 2.82% (down 476.0% YoY), and the FY2025 annual result was 1.87%, down 11211.0% from the prior year.
- Operating Margin was 2.11% for Q1 2026 at StoneX, down from 124.12% in the prior quarter.
- Over five years, Operating Margin peaked at 124.12% in Q4 2025 and troughed at 0.54% in Q3 2022.
- Average Operating Margin over 5 years is 34.77%, with a median of 2.34% recorded in 2023.
- The widest YoY moves for Operating Margin: up 12210 bps in 2025, down 12164 bps in 2025.
- Over 5 years, Operating Margin stood at 2.65% in 2022, then declined by 12 bps to 2.34% in 2023, then decreased by 14 bps to 2.02% in 2024, then soared by 6054 bps to 124.12% in 2025, then tumbled by 98 bps to 2.11% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 2.11% in Q1 2026, 124.12% in Q4 2025, and 2.22% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | - |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | - |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | - |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 149.71% |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 28.49% |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | - |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 46.50% |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 108.11% |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -161.28% |
| 10 | StoneX | 9.47 Bn | 7.34 Bn | 1.57 Bn | 2.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.11% |
| Dec 31, 2025 | 124.12% |
| Sep 30, 2025 | 2.22% |
| Jun 30, 2025 | 1.79% |
| Mar 31, 2025 | 116.11% |
| Dec 31, 2024 | 2.02% |
| Sep 30, 2024 | 123.86% |
| Jun 30, 2024 | 113.43% |
| Mar 31, 2024 | 2.09% |
| Dec 31, 2023 | 2.34% |
| Sep 30, 2023 | 2.69% |
| Jun 30, 2023 | 2.89% |
| Mar 31, 2023 | 90.76% |
| Dec 31, 2022 | 2.65% |
| Sep 30, 2022 | -0.54% |
| Jun 30, 2022 | 1.19% |
| Mar 31, 2022 | 1.38% |
| Dec 31, 2021 | 1.32% |
| Sep 30, 2021 | 0.32% |
| Jun 30, 2021 | 28.54% |