Cmc Markets /£CMCX
1D1W1MYTD1Y5YMAX
Capital at risk
About Cmc Markets
CMC Markets PLC is a United Kingdom-based company that provides online financial trading and spread betting services. Operating in the financial sector, the company specializes in the trading of shares, indices, foreign currencies, commodities, and treasuries through its proprietary trading platform. Founded in 1989, CMC Markets has grown to offer both retail and institutional trading services globally.
- Ticker
- £CMCX
- Sector
- Finance
- Primary listing
- LSE
- Employees
- 1,120
- Headquarters
- London, United Kingdom
- Website
- www.cmcmarkets.com
Cmc Markets Metrics
BasicAdvanced
£1.9B
25.02
£0.28
0.58
£0.14
2.01%
Price and volume
Market cap
£1.9B
Beta
0.58
52-week high
£7.87
52-week low
£2.03
Average daily volume
571K
Dividend rate
£0.14
Financial strength
Current ratio
1.532
Quick ratio
1.494
Long term debt to equity
0.038
Total debt to equity
0.302
Dividend payout ratio (TTM)
50.01%
Profitability
Gross margin (TTM)
100.21%
Net profit margin (TTM)
19.06%
Operating margin (TTM)
27.66%
Effective tax rate (TTM)
27.23%
Revenue per employee (TTM)
£350,000
Management effectiveness
Return on assets (TTM)
8.48%
Return on equity (TTM)
16.85%
Valuation
Price to earnings (TTM)
25.018
Price to revenue (TTM)
4.773
Price to book
4.05
Price to tangible book (TTM)
4.41
Price to free cash flow (TTM)
51.702
Free cash flow yield (TTM)
1.93%
Free cash flow per share (TTM)
0.133
Dividend yield (TTM)
2.01%
Growth
Revenue change (TTM)
15.34%
Earnings per share change (TTM)
21.71%
3-year revenue growth (CAGR)
10.89%
10-year revenue growth (CAGR)
8.73%
3-year earnings per share growth (CAGR)
23.50%
10-year earnings per share growth (CAGR)
6.25%
3-year dividend per share growth (CAGR)
23.09%
10-year dividend per share growth (CAGR)
9.92%
What the Analysts think about Cmc Markets
Analyst ratings (Buy, Hold, Sell) for Cmc Markets stock.
Analyst projections of the future price of Cmc Markets stock.
Bulls say / Bears say
CMC Markets lifted FY2027 net operating income guidance to at least £550 million and added £250 million of EBITDA guidance, from its earlier £460 million–£480 million income range. With operating costs excluding variable remuneration still around £280 million, the upgrade points to strong operating leverage if B2B growth holds. (Investegate, CMC Markets)
Institutional and B2B partnerships now provide a majority of group income, giving CMC access to large, embedded client bases through banks, brokers and fintechs. The Westpac and ASB partnerships, alongside the neobank API channel, could scale distribution more cheaply than relying solely on direct retail customer acquisition. (CMC Markets, Investing.com)
The business is becoming more diversified beyond leveraged retail trading: Australian stockbroking revenue rose 32% to A$140.3 million in FY2026, while group net investing revenue increased 30%. The full-year dividend also rose 21% to 13.8 pence per share, strengthening the shareholder-return case. (Investing.com, CMC Markets)
The upgraded outlook raises the execution bar sharply. The Westpac and ASB launches and other B2B milestones are still ahead, so delays in implementation or customer onboarding could push expected income into a later financial year. (CMC Markets, Kalkine)
Revenue growth has not translated cleanly into forecast profit: FY2026 operating expenses rose to £288.8 million, above the roughly £250 million expected by Jefferies, leaving profit before tax below consensus. Variable remuneration, technology investment and a £5.2 million Australian remediation charge could continue to limit margin expansion. (Investing.com, CMC Markets)
CMC remains exposed to regulatory and litigation risk in leveraged retail products. An Australian operating entity faces ongoing class-action proceedings over client losses on CFDs and binary products, while the group has already recognised remediation costs linked to margin-netting compliance. (Investing.com, CMC Markets)
Data summarised monthly by Lightyear AI. Last updated on 16 Sept 2026.
Cmc Markets Financial Performance
Revenues and expenses
Cmc Markets Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing Cmc Markets
AllGBPEURUSD
Fund name | Fund size | £CMCX weighting |
|---|---|---|
iShares FTSE 250£MIDD | £661M | 0.21% |
Vanguard FTSE 250£VMID | £1.6B | 0.21% |
Xtrackers MSCI Europe Small Cap€DX2J | €3.2B | 0.05% |
Xtrackers MSCI Europe Small Cap£XXSC | £2.8B | 0.05% |
iShares MSCI World Small Cap$WSML | $9B | 0.01% |
Latest price is delayed by 15 minutes. Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by London Stock Exchange, through Infront.