Interactive Brokers Group (IBKR) FY2016 results: revenue $1.4 billion, up 17.4% on the year
Interactive Brokers Group, Inc. (IBKR) reported revenue of $1.4 billion for fiscal 2016, the year ended 31 December 2016, up 17.4% on the year before. Net income was $84 million, up 71.4%, and diluted earnings per share $0.31. The figures are the company's own, from the 10-K it filed with the SEC on 28 February 2017.
Revenue
$1.4 billion
+17.4% on the year
FY2009FY2016
Operating margin
n/a
FY2009FY2016
Net income
$84 million
+71.4% on the year
FY2009FY2016
Diluted EPS
$0.31
+60.3% on the year
FY2009FY2016
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Revenue
1,396
1,189
1,043
+17.4%
Pre-tax income
761
458
506
+66.2%
Income tax
62.0
43.0
47.0
+44.2%
Effective tax rate
8.1%
9.4%
9.3%
Net income
84.0
49.0
44.5
+71.4%
Net margin
6.0%
4.1%
4.3%
Diluted EPS
$0.31
$0.20
$0.19
+60.3%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Operating cash flow
635
725
417
-12.4%
Capital expenditure
27.0
30.0
19.0
-10.0%
Free cash flow
608
695
398
-12.5%
Free cash flow margin
43.6%
58.5%
38.2%
Cash from investing
-6.0
n/a
54.1
Cash from financing
-189
n/a
-308
Depreciation and amortisation
25.0
22.0
20.0
+13.6%
Share-based compensation
51.0
50.0
41.0
+2.0%
Dividends paid
26.0
25.0
23.0
+4.0%
Dividend per share
$0.03
$0.03
$0.03
0.0%
Diluted shares, weighted
269m
250m
231m
+7.7%
Shares outstanding at period end
n/a
256m
234m
Balance sheet
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Shareholders' equity
974
863
766
+12.9%
Non-controlling interest
4,846
4,481
4,418
+8.1%
Short-term borrowings
74.0
n/a
34.0
Other liabilities
48,779
43,390
38,166
+12.4%
Total liabilities and equity
54,673
48,734
43,385
+12.2%
Fixed assets
13.0
10.0
32.0
+30.0%
Intangible assets
28.0
30.0
n/a
-6.7%
Securities borrowed
3,629
3,924
n/a
-7.5%
Cash and equivalents
1,925
1,601
1,269
+20.2%
Other assets
49,078
43,169
42,084
+13.7%
Total assets
54,673
48,734
43,385
+12.2%
10-K for the year ended 31 December 2016, filed 28 February 2017: the filing.