StoneX Group Inc. — Earnings Quality Grade F
SNEX · Financial Services
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 4 days, change -0 days YoY
AR growth 31.7% vs revenue growth 32.5%
Revenue 32.5%, CFFO 765.7%. Cash follows revenue
Expense Quality
Inventory 34.7% vs COGS 32.8%. Normal
CapEx growth 0.3% vs revenue 32.5%. Normal
SG&A/Gross Profit = 14.3%, excellent (<30%)
Gross margin 2.0%, change -0.2pp. Stable
Cash Flow Quality
CFFO far exceeds NI (ratio 14.3x). Non-cash charges depressing profits
FCF $4.3B, FCF/NI = 14.13
Accruals ratio = -9.0%. Low accruals
Cash $1.6B covers only 9% of debt $18.5B
Balance Sheet Health
Goodwill+Intangibles $0.7B = 31% of equity
Debt/EBITDA = 9.3x (>4x). Interest coverage = 1.3x (<2x). Financial stress
Other assets 43.9% vs revenue 32.5%. Normal
Write-offs up 417% YoY
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles surged 813% YoY
Manipulation Score
M-Score = -2.65 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score — Not Applicable
StoneX Group Inc. is a financial company. Z-Score is designed for non-financial companies.
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25