profit from every €100 of sales.

Flow Traders
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
You pay €7.54 for every €1 of profit it makes in a year.
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What Flow Traders sold, what it kept, and what it did with the cash.
Sales went from €553 million in 2022 to €625 million in 2025, with €134 million of profit last year.
Flow Traders vs. similar companies
Flow Traders grows the slowest of these 5 and is the cheapest for its profits.
| Company | Profit from €100 of sales | Sales growth a year | Price per €1 of profit |
|---|---|---|---|
Flow Traders | 7.5× · Cheap | ||
Morgan Stanley | 17.7× · Fair price | ||
The Goldman Sachs Group | 15.4× · Fair price | ||
The Charles Schwab | 18.1× · Fair price | ||
Interactive Brokers Group | 141.6× · Very expensive |
AI analysis
An AI analyst reads Flow Traders's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 553 | 391 | 598 | 625 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| 127 | 36 | 160 | 134 | |
| 2.76 | 0.81 | 3.56 | 2.98 | |
| – | – | – | – | |
| – | – | – | – | |
| 23.0% | 9.3% | 26.7% | 21.4% |
Balance sheet
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 11,105 | 11,578 | 12,901 | 15,944 |
| Cash | 9 | 6 | 8 | 7 |
| Total debt | 1,683 | 2,023 | 1,962 | 2,927 |
| Total liabilities | 10,498 | 10,993 | 12,135 | 15,076 |
| 606 | 586 | 767 | 868 | |
| 46 | 45 | 45 | 45 | |
| – | – | – | – | |
| 20.9% | 6.2% | 20.8% | 15.4% |
Cash flow
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 94 | 79 | 32 | -121 | |
| 8 | 12 | 7 | 7 | |
| 86 | 67 | 25 | -127 | |
| Dividends paid | 46 | 48 | 6 | 0 |
| 15 | 9 | 12 | 0 | |
| – | – | – | – |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- 7.5×
- –
- 2.91
- 1.3×
- 1.6×
- 13.3%
- 0.0%
Profitability
- 21.4%
- –
- –
- –
- –
Growth
- +4.2%
- +2.6%
- –
- −0.8%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
News
Core Critical Metals launches $500K flow-through private placementSeeking Alpha · Nov 13, 2026RTX sees margin expansion, cash flow growth in 2027Seeking Alpha · Nov 10, 2026Wix outlines full-year 2026 ~16% free cash flow margin as Base44 nears $250M ARR and Q4 S&M risesSeeking Alpha · Nov 10, 2026Bombardier raises cash flow forecast as private jet demand holds steadySeeking Alpha · Nov 5, 2026Dan Ives Sees Cash Flow Rebound In MSFT, META, GOOGL, AMZN: Says AI Bubble Fears Thrown Out The WindowYahoo Finance · Nov 5, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
Not enough data
Questions about Flow Traders
Is Flow Traders a good stock to buy?
A strong, very profitable business, and the price looks low. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Flow Traders AI analysis
What does Flow Traders do?
Flow Traders Ltd. operates as a financial technology-enabled multi-asset class liquidity provider in Europe, the Americas, and Asia. The company provides exchange traded products, including equities, fixed income, digital assets, commodities, and foreign exchange. It is in Capital Markets, based in Amsterdam, Netherlands, with 656 employees.
Does Flow Traders pay a dividend?
No. Flow Traders does not pay a dividend at the moment.
Is Flow Traders stock halal?
No. Flow Traders does not pass our halal screen: its debt is 293% of its market value, at or above the 33% limit. How we check
Who are Flow Traders's competitors?
The largest listed companies in the same industry are Morgan Stanley, The Goldman Sachs Group, The Charles Schwab and Interactive Brokers Group. The peers table on this page compares their profit, growth and price with Flow Traders's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



