XML 22 R5.htm IDEA: XBRL DOCUMENT v3.23.3
Consolidated Income Statements - USD ($)
$ in Millions
12 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2021
Revenues:      
Total revenues $ 60,856.1 $ 66,036.0 $ 42,534.2
Cost of sales of physical commodities 57,942.0 63,928.6 40,861.1
Operating revenues 2,914.1 2,107.4 1,673.1
Transaction-based clearing expenses 271.8 291.2 271.7
Introducing broker commissions 161.6 160.1 160.5
Interest expense 802.2 135.5 49.6
Interest expense on corporate funding 57.5 44.7 41.3
Net operating revenues 1,621.0 1,475.9 1,150.0
Compensation and other expenses:      
Compensation and benefits 868.6 794.8 679.1
Trading systems and market information 74.0 66.2 58.8
Professional fees 57.0 54.3 40.9
Non-trading technology and support 61.6 52.4 46.0
Occupancy and equipment rental 40.4 36.1 34.2
Selling and marketing 54.0 55.3 33.3
Travel and business development 24.8 16.9 4.5
Communications 9.1 8.3 9.3
Depreciation and amortization 51.0 44.4 36.5
Bad debts, net of recoveries 16.5 15.8 10.4
Other 66.4 60.6 46.3
Total compensation and other expenses 1,323.4 1,205.1 999.3
Gain on acquisitions and other gains, net 25.4 6.4 3.4
Income from operations, before tax 323.0 277.2 154.1
Income tax expense 84.5 70.1 37.8
Net income $ 238.5 $ 207.1 $ 116.3
Earnings per share:      
Basic (in dollar per share) $ 11.55 $ 10.27 $ 5.90
Diluted (in dollar per share) $ 11.18 $ 10.01 $ 5.74
Weighted-average number of common shares outstanding:      
Basic (in shares) 19,957,333 19,570,403 19,130,643
Diluted (in shares) 20,619,340 20,067,540 19,678,168
Sales of physical commodities      
Revenues:      
Total revenues $ 58,131.2 $ 64,052.6 $ 40,961.6
Principal gains, net      
Revenues:      
Total revenues 1,079.9 1,145.2 892.0
Commission and clearing fees      
Revenues:      
Total revenues 498.4 507.9 487.2
Consulting, management, and account fees      
Revenues:      
Total revenues 159.0 111.3 91.0
Interest income      
Revenues:      
Total revenues $ 987.6 $ 219.0 $ 102.4