Q: In a recent response to another member you mentioned "IBKR is almost twice the size of HOOD ($99B vs. $56B market cap, respectively)".
I ended up looking into IBKR and HOOD a bit more and discovered this about IBKR:
Depending on the data platform, some list the IBKR market cap as ~$25B and others list it as ~$99B. This has to do with whether you consider both public and private shareholders counts when calculating market cap.
I learned that GAAP handles this where the non controlling interests are removed from the income statement ("less net income attributable to non-controlling interests" which was $2.652B for 2024 leaving $765B Net Income) to leave only the net income attributable to IBKR public share holders. The bigger chunk goes to IBG Holdings controlled solely by Thomas Peterffy.
Based on this I believe IBKR is half the size of HOOD, at least the portion that common shareholders attribute earnings too.
How do you think about companies structured like this?
I ended up looking into IBKR and HOOD a bit more and discovered this about IBKR:
Depending on the data platform, some list the IBKR market cap as ~$25B and others list it as ~$99B. This has to do with whether you consider both public and private shareholders counts when calculating market cap.
I learned that GAAP handles this where the non controlling interests are removed from the income statement ("less net income attributable to non-controlling interests" which was $2.652B for 2024 leaving $765B Net Income) to leave only the net income attributable to IBKR public share holders. The bigger chunk goes to IBG Holdings controlled solely by Thomas Peterffy.
Based on this I believe IBKR is half the size of HOOD, at least the portion that common shareholders attribute earnings too.
How do you think about companies structured like this?
Q: For a buy today, which one, or both and why?
Thanks Again
Thanks Again
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LPL Financial Holdings Inc. (LPLA)
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Interactive Brokers Group Inc. (IBKR)
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Robinhood Markets Inc. (HOOD)
Q: Hi !
Graceful if you would provide your views on IBKR now.
Its price has now doubled in less than a year and it seems to have positive momentum.
Would you let that particular winner run or add to it or reduce ?
Which are, in order, your favorites for growth in that sector ? And, what about an etf ?
Gratefully,
Jacques IDS
Graceful if you would provide your views on IBKR now.
Its price has now doubled in less than a year and it seems to have positive momentum.
Would you let that particular winner run or add to it or reduce ?
Which are, in order, your favorites for growth in that sector ? And, what about an etf ?
Gratefully,
Jacques IDS