BGC Group vs Virtu Financial
Virtu Financial is the larger business, with $3.63bn of revenue in fiscal 2025 against $2.94bn for BGC Group (1.2 times as much). BGC Group grew faster (30.0% against 26.2%). Virtu Financial kept more of each dollar of sales as profit: a net margin of 12.9% against 5.3%. Virtu Financial carries less debt relative to equity (130.7% against 184.7%).
| Latest fiscal year | BGC GroupBGC, 2025 | Virtu FinancialVIRT, 2025 |
|---|---|---|
| Revenue | $2.94bn | $3.63bn |
| Revenue growth | 30.0% | 26.2% |
| Net income | $155m | $468m |
| Operating margin | — | — |
| Net margin | 5.3% | 12.9% |
| Return on equity | 16.6% | 58.4% |
| Free cash flow | $373m | $496m |
| Cash | $852m | $1.06bn |
| Total debt | $1.80bn | $2.07bn |
| Debt to equity | 184.7% | 130.7% |
| Dividend per share | $0.08 | — |
| Dividend yield | 0.7% | — |
| Share buybacks | $282m | $1.6m |
| Employees | 4,560 | 1,027 |
| Market value | $5.34bn | $4.65bn |
| Price vs our value range | — | — |
| Moat score | 51 (Moderate) | 71 (Strong) |
| Insider trades, 12 months | 0 buys, 1 sales | 0 buys, 19 sales |