Question 1

What is Interactive Brokers's P/FCF ratio?

Accepted Answer

Interactive Brokers (IBKR) P/FCF ratio is 2.3× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Interactive Brokers?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Interactive Brokers specifically, the relevant sector benchmark is the current sector median of 11.1×.

Question 5

Is Interactive Brokers's P/FCF ratio high or low?

Accepted Answer

Interactive Brokers's P/FCF ratio of 2.3× is below its own 5-year average of 8.8× and below the sector median of 11.1×. That places the current reading at the 62th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Interactive Brokers's historical P/FCF ratio range?

Accepted Answer

In the available daily series, Interactive Brokers (IBKR) P/FCF ratio has ranged from a low of 0.6× in 2021 to a high of 2480.6× in 2013. The 5-year average is 8.8× and the 5-year median is 7.2×.

Question 7

What was Interactive Brokers's P/FCF ratio in 2025?

Accepted Answer

Interactive Brokers (IBKR) P/FCF ratio at the end of 2025 was 7.1×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Interactive Brokers's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$111.10B	$15.74B	7.1×	-1.5×	Dec 31, 2025
2024	$74.62B	$8.68B	8.6×	+0.9×	Dec 31, 2024
2023	$34.42B	$4.50B	7.7×	+0.3×	Dec 31, 2023
2022	$28.88B	$3.90B	7.4×	+2.2×	Dec 31, 2022
2021	$30.50B	$5.82B	5.2×	+2.7×	Dec 31, 2021
2020	$20.59B	$8.02B	2.6×	-2.8×	Dec 31, 2020
2019	$13.89B	$2.59B	5.4×	-1.5×	Dec 31, 2019
2018	$15.99B	$2.32B	6.9×	-1.2×	Dec 31, 2018
2017	$16.41B	$2.04B	8.1×	-10.7×	Dec 31, 2017
2016	$9.68B	$517.00M	18.7×	+2.9×	Dec 31, 2016
2015	$10.98B	$695.00M	15.8×	-2.8×	Dec 31, 2015
2014	$7.39B	$397.57M	18.6×	-21.6×	Dec 31, 2014
2013	$4.99B	$124.09M	40.2×	+36.5×	Dec 31, 2013
2012	$2.53B	$691.35M	3.7×	+1.2×	Dec 31, 2012
2011	$2.64B	$1.07B	2.5×	+0.8×	Dec 31, 2011
2010	$2.75B	$1.68B	1.6×	-19.1×	Dec 31, 2010
2009	$2.74B	$132.16M	20.7×	+19.4×	Dec 31, 2009
2008	$2.71B	$2.07B	1.3×	—	Dec 31, 2008
2007	$5.02B	−$116.39M	—	—	Dec 31, 2007
2006	$4.86B	−$231.65M	—	—	Dec 31, 2006


PayPal (PYPL)	7.5×
Assurant (AIZ)	7.5×
Progressive (PGR)	7.1×
Cincinnati Financial (CINF)	7.1×
Alerus Financial (ALRS)	7.0×
Invesco (IVZ)	6.9×
American Financial Group (AFG)	6.8×
The Hartford (HIG)	6.5×
Commerce Bancshares (CBSH)	6.4×
Bank of America (BAC)	6.3×
Arch Capital Group (ACGL)	5.9×
JPMorgan Chase (JPM)	5.8×
Travelers Companies (TRV)	5.5×
Principal Financial Group (PFG)	5.5×
Everest Re Group (RE)	5.0×
Allstate (ALL)	4.7×
Everest Re Group (EG)	4.6×
Capital One Financial (COF)	3.9×
Prudential Financial (PRU)	3.5×
Mercury General (MCY)	3.4×
RenaissanceRe Holdings (RNR)	3.0×
MetLife (MET)	2.8×
Synchrony Financial (SYF)	2.4×
Atlantic Union Bankshares (AUB)	2.2×
StoneX Group (SNEX)	0.8×

P/FCF Ratio for Interactive Brokers (IBKR)

P/FCF Ratio daily chart for Interactive Brokers (IBKR)

Historical P/FCF Ratio for Interactive Brokers (IBKR) from 2006 to 2025

About P/FCF Ratio at Interactive Brokers (IBKR)

Interactive Brokers P/FCF Ratio by Year

Interactive Brokers P/FCF Ratio 2025: 7.1×

Interactive Brokers P/FCF Ratio 2024: 8.6×

Interactive Brokers P/FCF Ratio 2023: 7.7×

Interactive Brokers P/FCF Ratio 2022: 7.4×

Interactive Brokers P/FCF Ratio 2021: 5.2×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Interactive Brokers (IBKR) Key Financials

P/FCF Ratio daily chart for Interactive Brokers (IBKR)

Historical P/FCF Ratio for Interactive Brokers (IBKR) from 2006 to 2025

About P/FCF Ratio at Interactive Brokers (IBKR)

Interactive Brokers P/FCF Ratio by Year

Interactive Brokers P/FCF Ratio 2025: 7.1×

Interactive Brokers P/FCF Ratio 2024: 8.6×

Interactive Brokers P/FCF Ratio 2023: 7.7×

Interactive Brokers P/FCF Ratio 2022: 7.4×

Interactive Brokers P/FCF Ratio 2021: 5.2×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

+What is Interactive Brokers's P/FCF ratio?

+How is the P/FCF ratio calculated?

+What is the P/FCF ratio?

+What is a good P/FCF ratio for Interactive Brokers?

+Is Interactive Brokers's P/FCF ratio high or low?

+What is Interactive Brokers's historical P/FCF ratio range?

+What was Interactive Brokers's P/FCF ratio in 2025?

+Why does Interactive Brokers's P/FCF ratio change over time?

Interactive Brokers (IBKR) Key Financials