vs

Side-by-side financial comparison of StoneX Group Inc. (SNEX) and Stagwell Inc (STGW). Click either name above to swap in a different company.

StoneX Group Inc. is the larger business by last-quarter revenue ($1.2B vs $807.4M, roughly 1.5× Stagwell Inc). StoneX Group Inc. runs the higher net margin — 11.6% vs 1.6%, a 10.0% gap on every dollar of revenue. On growth, StoneX Group Inc. posted the faster year-over-year revenue change (81.0% vs 2.4%). Stagwell Inc produced more free cash flow last quarter ($242.9M vs $-1.3B). Over the past eight quarters, StoneX Group Inc.'s revenue compounded faster (53.5% CAGR vs 9.8%).

StoneX Group Inc. is an American financial services company. The company operates in six areas: commercial hedging, global payments, securities, physical commodities, foreign exchange and clearing and execution services (CES).

Stagwell Inc., formerly The Stagwell Group, is a global marketing and communications group founded in 2015 by Mark Penn. In 2020, The Stagwell Group announced plans to merge with its affiliate MDC Partners. The merger was completed in August 2021.

SNEX vs STGW — Head-to-Head

Bigger by revenue
SNEX
SNEX
1.5× larger
SNEX
$1.2B
$807.4M
STGW
Growing faster (revenue YoY)
SNEX
SNEX
+78.7% gap
SNEX
81.0%
2.4%
STGW
Higher net margin
SNEX
SNEX
10.0% more per $
SNEX
11.6%
1.6%
STGW
More free cash flow
STGW
STGW
$1.5B more FCF
STGW
$242.9M
$-1.3B
SNEX
Faster 2-yr revenue CAGR
SNEX
SNEX
Annualised
SNEX
53.5%
9.8%
STGW

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
SNEX
SNEX
STGW
STGW
Revenue
$1.2B
$807.4M
Net Profit
$139.0M
$12.7M
Gross Margin
37.6%
Operating Margin
15.4%
7.0%
Net Margin
11.6%
1.6%
Revenue YoY
81.0%
2.4%
Net Profit YoY
63.3%
291.3%
EPS (diluted)
$2.50

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SNEX
SNEX
STGW
STGW
Q4 25
$1.2B
$807.4M
Q3 25
$32.7B
$743.0M
Q2 25
$851.2M
$706.8M
Q1 25
$820.4M
$651.7M
Q4 24
$663.1M
$788.7M
Q3 24
$31.1B
$711.3M
Q2 24
$571.8M
$671.2M
Q1 24
$509.2M
$670.1M
Net Profit
SNEX
SNEX
STGW
STGW
Q4 25
$139.0M
$12.7M
Q3 25
$85.7M
$24.6M
Q2 25
$63.4M
$-5.3M
Q1 25
$71.7M
$-2.9M
Q4 24
$85.1M
$3.2M
Q3 24
$76.7M
$3.3M
Q2 24
$61.9M
$-3.0M
Q1 24
$53.1M
$-1.3M
Gross Margin
SNEX
SNEX
STGW
STGW
Q4 25
37.6%
Q3 25
3.7%
36.6%
Q2 25
35.0%
Q1 25
36.8%
Q4 24
36.3%
Q3 24
3.0%
35.7%
Q2 24
34.6%
Q1 24
33.7%
Operating Margin
SNEX
SNEX
STGW
STGW
Q4 25
15.4%
7.0%
Q3 25
0.3%
8.2%
Q2 25
-1.3%
3.3%
Q1 25
-1.0%
2.8%
Q4 24
-3.2%
5.5%
Q3 24
-0.0%
5.9%
Q2 24
-4.7%
3.3%
Q1 24
-2.5%
3.9%
Net Margin
SNEX
SNEX
STGW
STGW
Q4 25
11.6%
1.6%
Q3 25
0.3%
3.3%
Q2 25
7.4%
-0.7%
Q1 25
8.7%
-0.4%
Q4 24
12.8%
0.4%
Q3 24
0.2%
0.5%
Q2 24
10.8%
-0.4%
Q1 24
10.4%
-0.2%
EPS (diluted)
SNEX
SNEX
STGW
STGW
Q4 25
$2.50
Q3 25
$0.72
Q2 25
$1.22
Q1 25
$1.41
Q4 24
$1.69
Q3 24
$2.32
Q2 24
$1.25
Q1 24
$1.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SNEX
SNEX
STGW
STGW
Cash + ST InvestmentsLiquidity on hand
$1.6B
$104.5M
Total DebtLower is stronger
$1.3B
Stockholders' EquityBook value
$2.5B
$758.4M
Total Assets
$47.8B
$4.2B
Debt / EquityLower = less leverage
1.75×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SNEX
SNEX
STGW
STGW
Q4 25
$1.6B
$104.5M
Q3 25
$1.6B
$132.2M
Q2 25
$1.3B
$181.3M
Q1 25
$1.3B
$137.7M
Q4 24
$1.4B
$131.3M
Q3 24
$1.3B
$145.8M
Q2 24
$1.2B
$136.1M
Q1 24
$1.3B
$129.8M
Total Debt
SNEX
SNEX
STGW
STGW
Q4 25
$1.3B
Q3 25
$1.5B
Q2 25
$1.5B
Q1 25
$1.5B
Q4 24
$1.4B
Q3 24
$1.5B
Q2 24
$1.4B
Q1 24
$1.3B
Stockholders' Equity
SNEX
SNEX
STGW
STGW
Q4 25
$2.5B
$758.4M
Q3 25
$2.4B
$749.0M
Q2 25
$2.0B
$750.1M
Q1 25
$1.9B
$334.4M
Q4 24
$1.8B
$331.7M
Q3 24
$1.7B
$286.4M
Q2 24
$1.6B
$291.6M
Q1 24
$1.5B
$337.7M
Total Assets
SNEX
SNEX
STGW
STGW
Q4 25
$47.8B
$4.2B
Q3 25
$45.3B
$4.3B
Q2 25
$34.3B
$4.3B
Q1 25
$31.3B
$4.0B
Q4 24
$29.6B
$3.9B
Q3 24
$27.5B
$3.8B
Q2 24
$25.9B
$3.8B
Q1 24
$25.7B
$3.8B
Debt / Equity
SNEX
SNEX
STGW
STGW
Q4 25
1.75×
Q3 25
2.04×
Q2 25
1.95×
Q1 25
4.38×
Q4 24
4.08×
Q3 24
5.11×
Q2 24
4.88×
Q1 24
3.76×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SNEX
SNEX
STGW
STGW
Operating Cash FlowLast quarter
$-1.3B
$260.3M
Free Cash FlowOCF − Capex
$-1.3B
$242.9M
FCF MarginFCF / Revenue
-106.4%
30.1%
Capex IntensityCapex / Revenue
1.3%
2.2%
Cash ConversionOCF / Net Profit
-9.08×
20.56×
TTM Free Cash FlowTrailing 4 quarters
$3.5B
$247.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SNEX
SNEX
STGW
STGW
Q4 25
$-1.3B
$260.3M
Q3 25
$3.5B
$-24.0M
Q2 25
$1.5B
$114.8M
Q1 25
$-154.5M
$-60.0M
Q4 24
$-477.8M
$212.1M
Q3 24
$192.6M
$-1.6M
Q2 24
$-622.1M
$-14.5M
Q1 24
$784.0M
$-53.1M
Free Cash Flow
SNEX
SNEX
STGW
STGW
Q4 25
$-1.3B
$242.9M
Q3 25
$3.5B
$-38.8M
Q2 25
$1.5B
$107.1M
Q1 25
$-169.8M
$-63.9M
Q4 24
$-491.4M
$209.9M
Q3 24
$175.9M
$-4.3M
Q2 24
$-640.5M
$-23.0M
Q1 24
$766.6M
$-58.6M
FCF Margin
SNEX
SNEX
STGW
STGW
Q4 25
-106.4%
30.1%
Q3 25
10.7%
-5.2%
Q2 25
173.3%
15.1%
Q1 25
-20.7%
-9.8%
Q4 24
-74.1%
26.6%
Q3 24
0.6%
-0.6%
Q2 24
-112.0%
-3.4%
Q1 24
150.5%
-8.7%
Capex Intensity
SNEX
SNEX
STGW
STGW
Q4 25
1.3%
2.2%
Q3 25
0.1%
2.0%
Q2 25
1.9%
1.1%
Q1 25
1.9%
0.6%
Q4 24
2.1%
0.3%
Q3 24
0.1%
0.4%
Q2 24
3.2%
1.3%
Q1 24
3.4%
0.8%
Cash Conversion
SNEX
SNEX
STGW
STGW
Q4 25
-9.08×
20.56×
Q3 25
41.18×
-0.98×
Q2 25
23.52×
Q1 25
-2.15×
Q4 24
-5.61×
65.56×
Q3 24
2.51×
-0.49×
Q2 24
-10.05×
Q1 24
14.76×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons