BGCBGC Group, Inc.

$11.47+18% 1Y

Is the business good?

Mixed

The checks split: margins widening, but returns that lean on debt.

1 good, 1 to watch, 2 without data
Margin direction, 3 years+3.7 pts

Negative operating leverage, costs are rising faster than sales, squeezing margins as it grows.

Where ROE comes from5.2× leverage

Leverage-amplified, a high assets-to-equity ratio does much of the work. ROE 17% = margin × turnover × leverage.

All from derived.

Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.