XML 16 R4.htm IDEA: XBRL DOCUMENT v3.25.2
Condensed Consolidated Income Statements - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues:        
Total revenues $ 34,828.8 $ 27,069.7 $ 99,654.8 $ 68,748.8
Cost of sales of physical commodities 33,804.5 26,156.0 96,730.2 66,232.7
Operating revenues 1,024.3 913.7 2,924.6 2,516.1
Transaction-based clearing expenses 94.9 81.0 273.2 233.8
Introducing broker commissions 49.7 43.1 139.5 124.2
Interest expense 371.3 297.0 994.1 792.2
Interest expense on corporate funding 20.1 24.1 50.1 53.5
Net operating revenues 488.3 468.5 1,467.7 1,312.4
Compensation and other expenses:        
Compensation and benefits 267.3 257.5 786.9 710.0
Trading systems and market information 21.3 20.1 60.8 58.2
Professional fees 23.9 20.0 59.4 55.0
Non-trading technology and support 21.1 18.7 61.7 53.6
Occupancy and equipment rental 14.3 13.5 40.4 34.8
Selling and marketing 13.0 12.8 38.4 40.1
Travel and business development 7.9 6.9 23.4 21.1
Communications 2.2 1.9 6.4 6.4
Depreciation and amortization 14.9 12.3 46.2 35.8
Bad debts (recoveries), net 0.4 0.5 2.3 (0.2)
Other 15.1 18.1 46.6 50.3
Total compensation and other expenses 401.4 382.3 1,172.5 1,065.1
Other (loss) gains, net (1.3) 1.8 4.4 8.7
Income before tax 85.6 88.0 299.6 256.0
Income tax expense 22.2 26.1 79.4 71.9
Net income $ 63.4 $ 61.9 $ 220.2 $ 184.1
Earnings per share:        
Basic (in dollars per share) $ 1.29 $ 1.30 $ 4.55 $ 3.89
Diluted (in dollars per share) $ 1.22 $ 1.25 $ 4.32 $ 3.76
Weighted-average number of common shares outstanding:        
Basic (in shares) 47,115,819 45,964,905 46,773,656 45,673,929
Diluted (in shares) 49,952,164 47,614,548 49,302,730 47,231,055
Sales of physical commodities        
Revenues:        
Total revenues $ 33,839.9 $ 26,196.2 $ 96,883.6 $ 66,339.0
Principal gains, net        
Revenues:        
Total revenues 334.0 305.6 943.4 881.2
Commission and clearing fees        
Revenues:        
Total revenues 166.0 143.0 479.6 408.9
Consulting, management, and account fees        
Revenues:        
Total revenues 46.2 45.3 138.3 124.0
Interest income        
Revenues:        
Total revenues $ 442.7 $ 379.6 $ 1,209.9 $ 995.7