StoneX Group Inc.

NasdaqGS:SNEX Stock Report

Market Cap: US$9.6b

StoneX Group Management

Management criteria checks 4/4

StoneX Group's CEO is Philip Smith, appointed in Dec 2024, has a tenure of 1.58 years. total yearly compensation is $5.00M, comprised of 10.2% salary and 89.8% bonuses, including company stock and options. directly owns 0.62% of the company’s shares, worth $59.33M. The average tenure of the management team and the board of directors is 5.5 years and 8.1 years respectively.

Key information

Philip Smith

Chief executive officer

US$5.0m

Total compensation

CEO salary percentage10.25%
CEO tenure1.6yrs
CEO ownership0.6%
Management average tenure5.5yrs
Board average tenure8.1yrs

Recent management updates

Recent updates

Analysis Article • Jun 18

StoneX Group (SNEX) Stock Price Run Raises Fresh Valuation Questions

StoneX Group (SNEX) is back in the spotlight after recent media coverage of its share price rise, strong revenue and earnings figures, solid balance sheet, and ongoing debate around whether the current valuation is stretched. See our latest analysis for StoneX Group. The share price momentum in StoneX Group has been strong, with a 30 day share price return of 19.73%, a 90 day move of 91.93%, and a 1 year total shareholder return of 132.28%, pointing to steadily building enthusiasm around the...
New Narrative • Jun 17

The Quiet Financial Compounder Benefiting From Global Market Volatility

StoneX Group (NASDAQ: SNEX) — Investment Thesis Website: https://www.stonex.com/en/ Rating: Buy / Quality financial compounder Style: Diversified financial infrastructure, brokerage, clearing, commodities, payments Core debate: Is StoneX still an underfollowed compounding financial platform, or has the market finally started to price in the quality after the stock’s strong run? Executive View StoneX is not a flashy fintech.
Analysis Article • Feb 14

Earnings Not Telling The Story For StoneX Group Inc. (NASDAQ:SNEX) After Shares Rise 26%

Despite an already strong run, StoneX Group Inc. ( NASDAQ:SNEX ) shares have been powering on, with a gain of 26% in...
Seeking Alpha • Jan 12

StoneX: A Consistent Compounder And Hedge Against Market Volatility

Summary StoneX Group excels as a high-touch, middle-market capital markets' provider, uniquely serving clients overlooked by bulge bracket banks. SNEX's diverse revenue streams—spreads, fees, and interest on client float—are highly sensitive to volatility and trading volumes, positioning it for upside in turbulent markets. The R.J. O’Brien acquisition expands SNEX’s client base, offers significant cross-sell opportunities, and is expected to deliver $100M in synergies within 24 months. SNEX consistently achieves a 15% ROE, with management compensation aligned to this target, underscoring disciplined execution and shareholder alignment. Read the full article on Seeking Alpha
Analysis Article • Sep 06

StoneX Group Inc. (NASDAQ:SNEX) Looks Just Right With A 26% Price Jump

The StoneX Group Inc. ( NASDAQ:SNEX ) share price has done very well over the last month, posting an excellent gain of...
Seeking Alpha • Apr 15

StoneX Group: A Hidden Gem, Creating Lots Of Financial Value

Summary StoneX Group Inc. has shown strong performance, combining organic growth and strategic acquisitions, with shares trading at very reasonable levels. The company provides institutional-grade market access, monetizing client activity through commissions, spreads, interest, and fees, with significant scale and profitable segments. Recent financials show solid growth, with a notable $900 million acquisition of R.J. O'Brien, enhancing revenue and EBITDA at reasonable multiples. Despite impressive growth and valuations, concerns about business opaqueness and revenue sources suggest a cautious approach, warranting a small SNEX position for signaling purposes. Read the full article on Seeking Alpha
Seeking Alpha • Jan 06

StoneX: Going Global With Technology

Summary StoneX's technological investments increase their total addressable market globally while retaining clients with upgraded digital offerings. Investors should remain bullish on StoneX due to its long-term compounding business model. ROEs are projected to remain at least 15%, which, I think, is attractive for long-term shareholders. Shares are still a buy with a long-term ownership mindset being most beneficial. Read the full article on Seeking Alpha
Seeking Alpha • Sep 17

StoneX: Operational Leverage Can Boost Earnings

Summary StoneX shares have strong upside potential due to consistent high returns on equity and a fair valuation around 10x P/E. Q3 results show record net operating revenues of $468.5 million and a 15.7% ROE, indicating robust operational performance and effective leverage. Operational leverage is driving earnings growth, with segments like Retail showing significant income increases from modest revenue gains, suggesting long-term sustainable growth. Investors should remain bullish on StoneX stock, as the long-term earnings power remains intact. Read the full article on Seeking Alpha
Seeking Alpha • May 19

StoneX Group: A Long-Term Compounding Machine

Summary StoneX has consistently grown revenues and earnings, with high returns on equity and a well-diversified business. The company aims to connect clients to markets, providing trading opportunities, risk management, and business performance improvement. StoneX operates in four segments: Commercial, Institutional, Retail, and Global Payments, serving a wide range of clients globally. Shares are a buy and hold. Read the full article on Seeking Alpha

CEO Compensation Analysis

How has Philip Smith's remuneration changed compared to StoneX Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

US$447m

Dec 31 2025n/an/a

US$348m

Sep 30 2025US$5mUS$513k

US$296m

Jun 30 2025n/an/a

US$287m

Mar 31 2025n/an/a

US$286m

Dec 31 2024n/an/a

US$267m

Sep 30 2024US$10mUS$427k

US$252m

Jun 30 2024n/an/a

US$227m

Mar 31 2024n/an/a

US$234m

Dec 31 2023n/an/a

US$223m

Sep 30 2023US$4mUS$396k

US$230m

Jun 30 2023n/an/a

US$232m

Mar 31 2023n/an/a

US$213m

Dec 31 2022n/an/a

US$235m

Sep 30 2022US$3mUS$390k

US$201m

Jun 30 2022n/an/a

US$157m

Mar 31 2022n/an/a

US$143m

Dec 31 2021n/an/a

US$134m

Sep 30 2021US$3mUS$434k

US$113m

Jun 30 2021n/an/a

US$181m

Mar 31 2021n/an/a

US$184m

Dec 31 2020n/an/a

US$169m

Sep 30 2020US$3mUS$401k

US$166m

Jun 30 2020n/an/a

US$117m

Mar 31 2020n/an/a

US$97m

Dec 31 2019n/an/a

US$82m

Sep 30 2019US$3mUS$320k

US$84m

Compensation vs Market: Philip's total compensation ($USD5.00M) is below average for companies of similar size in the US market ($USD8.35M).

Compensation vs Earnings: Philip's compensation has been consistent with company performance over the past year.

CEO

Philip Smith (54 yo)

1.6yrs
Tenure
US$5,004,047
Compensation

Mr. Philip Andrew Smith is Group Chief Executive Officer of StoneX Group Inc. from December 06, 2024 and serves as its Director since March 10, 2026. He joined the StoneX Group Inc. in 2004. He was Chief E...

Leadership Team

NamePositionTenureCompensationOwnership
Philip Smith
Group CEO & Director1.6yrsUS$5.00m0.62%
$ 59.3m
Sean O'Connor
Executive Vice-Chairman23.6yrsUS$44.67m5.12%
$ 488.9m
William Dunaway
Chief Financial Officer16.8yrsUS$3.55m0.37%
$ 35.5m
Stuart Andrew Davison
Chief Operating Officer2yrsUS$7.55m0.027%
$ 2.6m
Gregory Kallinikos
Chief Executive Officer of the Asia Pacific1.5yrsUS$8.73m0.017%
$ 1.6m
Charles Lyon
Group President & Director1.6yrsUS$10.49m0.27%
$ 26.1m
Aaron Schroeder
Chief Accounting Officer11.6yrsno data0.065%
$ 6.2m
Abigail Perkins
Chief Information Officer9.5yrsno data0.089%
$ 8.5m
Kevin Murphy
Group Treasurer & Investor Relation6.5yrsno datano data
Diego Rotsztain
Chief Governance & Legal Officer5.9yrsUS$3.79m0.029%
$ 2.8m
Dave Smoldt
President of Commodities Divisionno datano datano data
Mark Maurer
Chief Risk Officer5yrsUS$7.46m0.17%
$ 16.3m
5.5yrs
Average Tenure
52yo
Average Age

Experienced Management: SNEX's management team is seasoned and experienced (5.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Philip Smith
Group CEO & Directorless than a yearUS$5.00m0.62%
$ 59.3m
Sean O'Connor
Executive Vice-Chairman23.6yrsUS$44.67m5.12%
$ 488.9m
Charles Lyon
Group President & Directorless than a yearUS$10.49m0.27%
$ 26.1m
John Stanislas Radziwill
Non-Executive Independent Chairman of the Board23.6yrsUS$307.20k2%
$ 191.3m
John Fowler
Independent Non-Executive Director21.3yrsUS$268.77k0.22%
$ 21.2m
Eric Parthemore
Independent Non-Executive Director16.8yrsUS$255.02k0.055%
$ 5.3m
Annabelle Bexiga
Non-Executive Independent Director6.4yrsUS$255.02k0.025%
$ 2.4m
Diane Cooper
Independent Non-Executive Director7.8yrsUS$255.22k0.047%
$ 4.5m
Steven Kass
Independent Non-Executive Director8.4yrsUS$268.77k0.067%
$ 6.4m
Dhamu Thamodaran
Independent Non-Executive Director4.8yrsUS$241.21k0.066%
$ 6.3m
8.1yrs
Average Tenure
67.5yo
Average Age

Experienced Board: SNEX's board of directors are considered experienced (8.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/06 08:05
End of Day Share Price 2026/07/02 00:00
Earnings2026/03/31
Annual Earnings2025/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

StoneX Group Inc. is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Daniel FannonJefferies LLC
John DunnSidoti & Company, LLC
Jeffrey SchmittWilliam Blair & Company L.L.C.