BGC BGC Group margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 90

Gross margin

100%

Operating margin

8.9%

EBITDA margin

17.2%

Net margin

7.1%

The BGC Group reports a gross margin of 100%, an operating margin of 8.9%, an EBITDA margin of 17.2%, and a net margin of 7.1%. EBITDA margin expanded the most, by 1.4 percentage points, while operating margin contracted the most, by 1.4 percentage points.

BGC margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, BGC Group's margins averaged 100% gross, 8.44% operating, 15.1% EBITDA, and 5.3% net. Currently, operating, EBITDA, and net margins are above their three-year averages.

BGC margin expansion

Year-over-year margin changes in percentage points

The largest positive change was in EBITDA margin, up 1.4 percentage points. Net margin also expanded by 1.1 percentage points, while operating margin contracted by 1.4 percentage points.

Gross margin expansion

0pp

Operating margin expansion

-1.4pp

EBITDA margin expansion

1.4pp

Net margin expansion

1.1pp

BGC Gross margin

Over the last 3 years, BGC Group's gross margin averaged 100%. Right now, BGC Group's current gross margin is 100%, which is in line with its three-year average. During this period, gross margin reached a high of 100% in Sep 2026 and a low of 100% in Dec 2023.

BGC Operating margin

Looking back over the last 3 years, BGC Group recorded an average operating margin of 8.44%. BGC Group's current operating margin is 8.9% and is 0.5 percentage points above its three-year average. The highest operating margin for BGC Group was 10.3% in Sep 2025, while the lowest was 5.4% in Dec 2023.

BGC EBITDA margin

BGC Group's EBITDA margin averaged 15.1% in the last 3 years. Currently, BGC Group's current EBITDA margin is 17.2%, which is 2.1 percentage points above its three-year average. Over the last 3 years, BGC Group's EBITDA margin peaked at 17.2% in Sep 2026 and reached a low of 10.5% in Dec 2023.

BGC Net margin

The average net margin for BGC Group was 5.3% over the last 3 years. At present, the current net margin for BGC Group is 7.1%, 1.8 percentage points above its three-year average. The net margin for BGC Group moved between 1.8% in Dec 2023 and 7.1% in Sep 2026.

BGC margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 100%, BGC stands higher than the Financial Services sector, the industry and its peers average. Looking at the Financial Services sector average of 83.5%, BGC Group's gross margin is 20% higher.

BGC margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is BGC Group's gross margin?

For the period ending Sep 30, 2026, BGC recorded a gross margin of 100%.

What is BGC Group's operating margin?

As of Sep 30, 2026, BGC has an operating margin of 8.9%.

What is BGC Group's EBITDA margin?

The current EBITDA margin for BGC is 17.2% as of Sep 30, 2026.

What is BGC Group's net margin?

As of Sep 30, 2026, BGC has a net margin of 7.1%.

What are the average margins of BGC?

Over the last 3 years, BGC Group's margins averaged 100.0% gross, 8.4% operating, 15.1% EBITDA, and 5.3% net.

What are the highest historical margins of BGC?

Over the last 5 years, BGC Group's highest margins were 100% gross in Sep 2026, 10.3% operating in Sep 2025, 17.2% EBITDA in Sep 2026, and 7.1% net in Sep 2026.

What are the lowest historical margins of BGC?

Over the last 5 years, BGC Group's lowest margins were 100% gross in Dec 2021, -6.2% operating in Mar 2022, 8.5% EBITDA in Jun 2023, and 0.4% net in Jun 2023.