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Condensed Financial Information of Parent Company Only Disclosure
 12 Months Ended
Sep. 30, 2021
Condensed Financial Information Disclosure [Abstract]  
Condensed Financial Information of Parent Company Only Disclosure
Schedule I
StoneX Group Inc.
Condensed Balance Sheets
Parent Company Only
(in millions)September 30, 2021September 30,
2020
ASSETS
Cash and cash equivalents$34.7 $7.4 
Receivable from clients, net0.4 0.4 
Notes receivable, net6.1 1.7 
Income taxes receivable63.7 46.2 
Investment in subsidiaries(1)
1,100.4 834.0 
Deferred income taxes, net2.44.3 
Property and equipment, net55.442.1 
Operating right of use assets66.3 69.0 
Other assets23.7 20.1 
Total assets$1,353.1 $1,025.2 
LIABILITIES AND EQUITY
Liabilities:
Accounts payable and other accrued liabilities$80.6 $73.4 
Operating lease liabilities86.2 85.4 
Payable to clients— 0.3 
Payable to subsidiaries, net185.0 96.5 
Payable to lenders under loans8.6 23.0 
Senior secured borrowings, net506.5 515.1 
Financial instruments sold, not yet purchased, at fair value0.9 1.1 
Total liabilities867.8 794.8 
Equity:
StoneX Group Inc. (Parent Company Only) stockholders’ equity:
Preferred stock, $0.01 par value. Authorized 1,000,000 shares; no shares issued or outstanding
— — 
Common stock, $0.01 par value. Authorized 30,000,000 shares; 22,431,233 issued and 19,823,910 outstanding at September 30, 2021 and 21,798,551 issued and 19,376,594 outstanding at September 30, 2020
0.2 0.2 
Common stock in treasury, at cost - 2,607,323 shares at September 30, 2021 and 2,421,957 shares at September 30, 2020
(69.3)(57.6)
Additional paid-in capital315.7 292.6 
Retained earnings(1)
238.7 (4.8)
Total StoneX Group Inc. (Parent Company Only) stockholders’ equity485.3 230.4 
Total liabilities and equity$1,353.1 $1,025.2 

(1) Within the Condensed Balance Sheets and Condensed Statements of Operations of StoneX Group Inc. - Parent Company Only, the Company has accounted for its investment in wholly owned subsidiaries using the cost method of accounting. Under this method, the Company’s share of the earnings or losses of such subsidiaries is not included in the Condensed Balance Sheet or Condensed Statements of Operations. If the accounting for its investment in wholly owned subsidiaries was presented under the equity method of accounting, investment in subsidiaries and retained earnings would each increase by $443.8 million as of September 30, 2021, respectively, and $577.2 million, as of September 30, 2020, respectively.
Schedule I
StoneX Group Inc.
Condensed Statements of Operations
Parent Company Only
 Year Ended September 30,
(in millions)202120202019
Revenues:
Management fees from affiliates$52.5 $45.1 $43.2 
Trading (losses)/gains, net(0.1)0.6 — 
Consulting fees0.3 0.3 0.1 
Interest income1.5 2.4 1.5 
Dividend income from subsidiaries(1)
372.7 111.8 85.7 
Total revenues426.9 160.2 130.5 
Interest expense49.6 30.0 19.7 
Net revenues377.3 130.2 110.8 
Non-interest expenses:
Compensation and benefits99.9 88.0 79.7 
Clearing and related expenses0.4 0.3 0.9 
Trade systems and market information6.0 3.9 6.4 
Occupancy and equipment rental8.7 3.8 3.4 
Professional fees6.9 12.9 7.3 
Travel and business development0.8 1.7 2.9 
Non-trading technology and support24.9 19.8 12.5 
Depreciation and amortization8.7 6.7 5.2 
Communications1.7 0.7 0.8 
Impairment0.1 2.5 — 
Management services fees to affiliates3.6 2.3 0.5 
Other9.3 10.8 5.8 
Total non-interest expenses171.0 153.4 125.4 
Gain on acquisitions3.4 81.9 5.3 
Income (loss) before tax209.7 58.7 (9.3)
Income tax benefit33.8 29.5 24.6 
Net income$243.5 $88.2 $15.3 

(1) Within the Condensed Balance Sheets and Condensed Statements of Operations of StoneX Group Inc. - Parent Company Only, the Company has accounted for its investment in wholly owned subsidiaries using the cost method of accounting. Under this method, the Company’s share of the earnings or losses of such subsidiaries is not included in the Condensed Balance Sheet or Condensed Statements of Operations. If the accounting for its investment in wholly owned subsidiaries was presented under the equity method of accounting, total revenues would also include subsidiary (losses)/earnings of $(127.2) million, $81.4 million, and $69.8 million for the years ended September 30, 2021, 2020, and 2019, respectively.
Schedule I
StoneX Group Inc.
Condensed Statements of Cash Flows
Parent Company Only
 Year Ended September 30,
(in millions)202120202019
Cash flows from operating activities:
Net income $243.5 $88.2 $15.3 
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization8.7 6.7 5.2 
Amortization of operating right of use assets6.1 4.4 — 
Deferred income taxes1.8 — 0.6 
Amortization and extinguishment of debt issuance costs3.3 6.1 1.2 
Loss on extinguishment of debt0.1 — — 
Amortization of share-based compensation expense12.9 9.2 7.1 
Dividends(125.0)— — 
Impairment— 2.5 — 
Gain on acquisition(3.3)(81.9)(5.4)
Changes in operating assets and liabilities:
Due to/from subsidiaries118.3 149.3 8.3 
Receivables from clients, net— 0.1 (0.5)
Notes receivable, net(4.4)1.1 (1.0)
Income taxes receivable(17.4)(48.4)(0.8)
Financial instruments owned, at fair value— — 4.4 
Other assets(4.2)(7.7)(4.4)
Accounts payable and other accrued liabilities12.7 24.0 4.6 
Operating lease liabilities (2.6)(2.8)— 
Payable to clients(0.3)— (1.4)
Financial instruments sold, not yet purchased, at fair value(0.2)(83.4)25.2 
Net cash provided by operating activities250.0 67.4 58.4 
Cash flows from investing activities:
Capital contribution to affiliates(170.2)(251.9)(75.8)
Purchase of property and equipment(22.0)(10.2)(6.2)
Net cash used in investing activities(192.2)(262.1)(82.0)
Cash flows from financing activities:
Net change in lenders under loans(23.4)(47.0)(138.2)
Payments of notes payable— (0.4)(0.8)
Proceeds from issuance of senior secured term loan — 21.5 175.0 
Repayments of senior secured term loan(9.8)(9.8)(6.6)
Proceeds from issuance of senior secured notes— 344.8 — 
Repayments of senior secured notes(1.6)(92.1)— 
Issuance of note payable9.0 — — 
Deferred payments on acquisitions(2.2)(0.9)— 
Share repurchase(11.7)(7.5)(3.8)
Debt issuance costs— (14.0)(3.0)
Exercise of stock options9.2 5.5 1.2 
Net cash (used in)/provided by financing activities(30.5)200.1 23.8 
Net increase in cash and cash equivalents27.3 5.4 0.2 
Cash and cash equivalents at beginning of period7.4 2.0 1.8 
Cash and cash equivalents at end of period$34.7 $7.4 $2.0 
Supplemental disclosure of cash flow information:
Cash paid for interest$28.5 $15.3 $18.9 
Income taxes paid/(received), net of cash refunds$9.8 $(4.3)$(23.9)
Supplemental disclosure of non-cash investing and financing activities:
Additional consideration payable related to acquisitions$— $21.6 $1.8