Interactive Brokers Group (IBKR) FY2023 results: revenue $4.3 billion, up 41.5% on the year
Interactive Brokers Group, Inc. (IBKR) reported revenue of $4.3 billion for fiscal 2023, the year ended 31 December 2023, up 41.5% on the year before. Net income was $600 million, up 57.9%, and diluted earnings per share $1.42. The figures are the company's own, from the 10-K it filed with the SEC on 27 February 2024.
Revenue
$4.3 billion
+41.5% on the year
FY2016FY2023
Operating margin
n/a
FY2016FY2023
Net income
$600 million
+57.9% on the year
FY2016FY2023
Diluted EPS
$1.42
+51.2% on the year
FY2016FY2023
this yearthe year beforeHover a bar for its figure.
$ 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
FY2023
FY2022
FY2021
On the year
Last 8 years
Operating cash flow
4,544
3,968
5,896
+14.5%
Capital expenditure
49.0
69.0
77.0
-29.0%
Free cash flow
4,495
3,899
5,819
+15.3%
Free cash flow margin
103.6%
127.1%
214.4%
Cash from investing
-52.0
-67.0
-188
Cash from financing
-624
-470
-523
Depreciation and amortisation
65.0
58.0
50.0
+12.1%
Share-based compensation
100
92.0
80.0
+8.7%
Dividends paid
42.0
40.0
38.0
+5.0%
Dividend per share
$0.03
$0.03
$0.03
0.0%
Diluted shares, weighted
423m
405m
380m
+4.5%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
3,584
2,848
2,395
+25.8%
Non-controlling interest
10,483
8,767
7,827
+19.6%
Debt
0.0
0.0
0.0
Other liabilities
114,356
103,528
98,891
+10.5%
Total liabilities and equity
128,423
115,143
109,113
+11.5%
Fixed assets
81.0
93.0
85.0
-12.9%
Intangible assets
43.0
48.0
46.0
-10.4%
Securities borrowed
5,835
4,749
3,912
+22.9%
Cash and equivalents
3,753
3,436
2,395
+9.2%
Other assets
118,711
106,817
102,675
+11.1%
Total assets
128,423
115,143
109,113
+11.5%
10-K for the year ended 31 December 2023, filed 27 February 2024: the filing.