Capital Markets & Asset Management

159 companies across the library’s three pools, one row each. The columns are the line items this kind of business is read on; each header names its basis, and the margins and returns are medians over each company’s readable record — the through-cycle level, never one year’s print. Rows open largest first by latest-year revenue, and every column sorts both ways — the re-ordering is the reader’s own act, and a sorted view keeps its order in the address bar. The company stays in view as the columns scroll. A dash is a figure that could not be read; n/a is one that does not apply to that member; both sit at the back of a sorted column.

From the latest filings · data as of August 17, 2026.

As a group: median revenue $800M; median operating margin 14.2%; median net income $65M; median return on tangible equity 9.5%; median tangible equity $536M. Medians of this table’s own columns, over the members each applies to · data as of August 17, 2026.

Pick two to four to weigh side by side. Compare these →

			latest fiscal year, USD	median over the record	latest fiscal year, USD	median over the record	equity − goodwill − intangibles · latest FY, USD
BLSH	Bullish	Capital Markets & Asset Management	$244.8B	0.0%	($765M)	3.4%	$3.1B
SNEX	StoneX Group	Capital Markets & Asset Management	$132.4B	0.5%	$306M	16.1%	$1.6B
AXP	American Express Company	Capital Markets & Asset Management	$72.2B	n/a	$10.8B	35.4%	$28.5B
MS	Morgan Stanley	Capital Markets & Asset Management	$70.6B	n/a	$16.9B	12.7%	$88.9B
GLXY	Galaxy Digital Inc.	Capital Markets & Asset Management	$60.4B	0.5%	($241M)	13.7%	$1.9B
GS	Goldman Sachs Group Inc. (The)	Capital Markets & Asset Management	$58.3B	n/a	$17.2B	10.4%	$118.2B
APO	Apollo Global Management	Capital Markets & Asset Management	$32.0B	13.8%	$3.5B	27.7%	$17.4B
BLK	BlackRock Inc.	Capital Markets & Asset Management	$24.2B	35.4%	$5.6B	—	($7.4B)
SCHW	Charles Schwab Corporation (The)	Capital Markets & Asset Management	$23.9B	n/a	$8.9B	18.2%	$30.2B
KKR	KKR & Co. Inc.	Capital Markets & Asset Management	$19.5B	75.8%	$2.4B	13.9%	$30.9B
SYF	Synchrony Financial	Capital Markets & Asset Management	$19.0B	n/a	$3.6B	—	—
AMP	Ameriprise Financial Inc.	Capital Markets & Asset Management	$18.5B	20.1%	$3.6B	61.8%	$4.8B
LPLA	LPL Financial Holdings Inc.	Capital Markets & Asset Management	$17.0B	11.0%	$863M	—	($631M)
BX	Blackstone Inc.	Capital Markets & Asset Management	$14.5B	46.3%	$3.0B	35.6%	$6.6B
RJF	Raymond James Financial Inc.	Capital Markets & Asset Management	$14.1B	n/a	$2.1B	18.2%	$10.7B
ETOR	eToro Group Ltd. Class A	Capital Markets & Asset Management	$13.8B	2.1%	$216M	1.3%	$16.1B
NMR	Nomura Holdings Inc ADR	Capital Markets & Asset Management	$13.6B	n/a	$2.4B	7.1%	$22.3B
ICE	Intercontinental Exchange Inc.	Capital Markets & Asset Management	$12.6B	37.7%	$3.3B	—	($17.1B)
NU	Nu Holdings Ltd.	Capital Markets & Asset Management	$11.5B	n/a	$2.0B	-6.3%	$6.9B
GOLD	Gold.com Inc.	Capital Markets & Asset Management	$11.0B	1.3%	$17M	35.0%	$284M
JEF	Jefferies Financial Group	Capital Markets & Asset Management	$10.8B	32.6%	$631M	7.8%	$8.5B
BEN	Franklin Resources Inc.	Capital Markets & Asset Management	$8.8B	21.8%	$525M	30.9%	$1.7B
NDAQ	Nasdaq Inc.	Capital Markets & Asset Management	$8.3B	24.4%	$1.8B	—	($8.7B)
TROW	T. Rowe Price Group Inc.	Capital Markets & Asset Management	$7.3B	41.5%	$2.1B	28.8%	$7.9B
COIN	Coinbase Global Inc.	Capital Markets & Asset Management	$7.2B	20.0%	$1.3B	13.7%	$9.2B
CME	CME Group Inc.	Capital Markets & Asset Management	$6.5B	60.9%	$4.1B	20.6%	$15.6B
IVZ	Invesco	Capital Markets & Asset Management	$6.4B	18.4%	($726M)	—	($173M)
SF	Stifel Financial	Capital Markets & Asset Management	$6.3B	n/a	$684M	17.2%	$4.4B
IBKR	Interactive Brokers Group Inc.	Capital Markets & Asset Management	$6.2B	41.0%	$984M	13.3%	$5.3B
ARES	Ares Management	Capital Markets & Asset Management	$5.6B	13.1%	$527M	25.3%	$23M
CG	Carlyle Group	Capital Markets & Asset Management	$4.8B	23.5%	$809M	12.2%	$6.5B
CBOE	Cboe Global Markets Inc.	Capital Markets & Asset Management	$4.7B	22.4%	$1.1B	112.7% · 2y	$691M
HOOD	Robinhood Markets Inc.	Capital Markets & Asset Management	$4.5B	-28.6%	$1.9B	-8.4%	$8.6B
BAM	Brookfield Asset Mgmt	Capital Markets & Asset Management	$3.9B	50.3%	$2.4B	71.3%	$8.4B
EVR	Evercore	Capital Markets & Asset Management	$3.9B	21.1%	$592M	32.8%	$1.8B
VIRT	Virtu Financial	Capital Markets & Asset Management	$3.6B	14.2%	$468M	220.4% · 3y	$278M
SOFI	SoFi Technologies	Capital Markets & Asset Management	$3.6B	n/a	$481M	-8.6%	$8.9B
KLAR	Klarna Group plc	Capital Markets & Asset Management	$3.5B	n/a	($273M)	-11.1%	$1.4B
LAZ	Lazard	Capital Markets & Asset Management	$3.1B	19.1%	$237M	82.5%	$478M
JHG	Janus Henderson Group plc	Capital Markets & Asset Management	$3.1B	24.5%	$816M	77.8%	$960M
CNCK	Coincheck Group N.V.	Capital Markets & Asset Management	$3.0B	-0.5%	$158K	-5.7%	$47M
OWL	Blue Owl Capital	Capital Markets & Asset Management	$2.9B	14.3%	$79M	—	($6.3B)
QFIN	Qfin Holdings Inc.	Capital Markets & Asset Management	$2.8B	n/a	$886M	25.9%	$3.6B
HLI	Houlihan Lokey	Capital Markets & Asset Management	$2.6B	20.5%	$426M	49.3%	$947M
MORN	Morningstar Inc.	Capital Markets & Asset Management	$2.4B	17.4%	$374M	—	($768M)
BGC	BGC Group Inc.	Capital Markets & Asset Management	$2.4B	13.4%	$155M	—	($104M)
TPG	TPG Inc.	Capital Markets & Asset Management	$2.4B	9.7%	$185M	2.1%	$3.0B
BKKT	Bakkt Inc.	Capital Markets & Asset Management	$2.3B	n/a	($107M)	-1302.0% · 2y	$43M
SEIC	SEI Investments Company	Capital Markets & Asset Management	$2.3B	26.6%	$715M	29.0%	$1.7B
FRHC	Freedom Holding Corp.	Capital Markets & Asset Management	$2.2B	n/a	$153M	17.9%	$1.4B
CHYM	Chime Financial Inc.	Capital Markets & Asset Management	$2.2B	-18.4%	($1.0B)	-75.0% · 1y	$1.3B
GDOT	Green DOT Corp	Capital Markets & Asset Management	$2.1B	n/a	($99M)	12.9%	$516M
AMG	Affiliated Managers Group Inc.	Capital Markets & Asset Management	$2.1B	43.8%	$717M	—	($932M)
TW	Tradeweb Markets Inc.	Capital Markets & Asset Management	$2.1B	34.0%	$813M	34.9%	$2.2B
MRX	Marex Group plc	Capital Markets & Asset Management	$2.0B	52.0%	$294M	27.3%	$831M
STEP	StepStone Group	Capital Markets & Asset Management	$2.0B	25.0%	($536M)	—	($1.2B)
LX	LexinFintech Holdings Ltd.	Capital Markets & Asset Management	$1.9B	10.8%	$249M	33.1%	$1.1B
PIPR	Piper Sandler	Capital Markets & Asset Management	$1.9B	10.0%	$281M	15.3%	$952M
FHI	Federated Hermes	Capital Markets & Asset Management	$1.8B	28.4%	$403M	2111.5% · 2y	$13M
PJT	PJT Partners	Capital Markets & Asset Management	$1.7B	16.8%	$180M	151.8% · 2y	$109M
OPY	Oppenheimer Holdings Inc.	Capital Markets & Asset Management	$1.6B	7.3%	$148M	9.2%	$805M
MIAX	Miami International Holdings Inc.	Capital Markets & Asset Management	$1.4B	-0.2%	($70M)	-10.8%	$648M
DLB	Dolby Laboratories	Capital Markets & Asset Management	$1.3B	20.0%	$255M	12.7%	$1.7B
FUTU	Futu Holdings Limited	Capital Markets & Asset Management	$1.3B	81.3%	$1.4B	16.0%	$5.1B
VCTR	Victory Capital Holdings	Capital Markets & Asset Management	$1.3B	38.3%	$330M	—	($1.3B)
PGY	Pagaya Technologies Ltd.	Capital Markets & Asset Management	$1.3B	-1.2%	$81M	-51.4%	$449M
WD	Walker & Dunlop	Capital Markets & Asset Management	$1.2B	29.4%	$56M	28.4%	$724M
LU	Lufax Holding Ltd	Capital Markets & Asset Management	$1.2B	n/a	($574M)	17.5%	$10.6B
APAM	Artisan Partners	Capital Markets & Asset Management	$1.2B	35.1%	$290M	73.7%	$439M
XYF	X Financial	Capital Markets & Asset Management	$1.1B	29.2%	$217M	19.3%	$1.2B
UPST	Upstart	Capital Markets & Asset Management	$1.0B	n/a	$54M	-8.2%	$723M
RILY	BRC Group Holdings Inc.	Capital Markets & Asset Management	$968M	9.8%	$307M	—	($683M)
JFIN	Jiayin Group Inc.	Capital Markets & Asset Management	$922M	24.3%	$228M	54.5%	$657M
VRTS	Virtus Investment Partners Inc.	Capital Markets & Asset Management	$853M	20.3%	$138M	99.7%	$210M
YRD	Yiren Digital Ltd.	Capital Markets & Asset Management	$848M	n/a	$8M	19.8%	$1.4B
MKTX	MarketAxess	Capital Markets & Asset Management	$846M	48.5%	$247M	31.0%	$751M
IDCC	InterDigital Inc.	Capital Markets & Asset Management	$834M	36.6%	$407M	30.6%	$1.1B
CLSK	CleanSpark Inc.	Capital Markets & Asset Management	$766M	-39.3%	$364M	-17.6%	$2.0B
HLNE	Hamilton Lane	Capital Markets & Asset Management	$759M	33.2%	$249M	29.2%	$904M
PWP	Perella Weinberg Partners	Capital Markets & Asset Management	$751M	-7.6%	$35M	—	($213M)
RIOT	Riot Platforms Inc. Common Stock	Capital Markets & Asset Management	$647M	-112.4%	($663M)	-24.5%	$2.7B
BULL	Webull Corporation	Capital Markets & Asset Management	$571M	3.3% · 2y	$24M	2.6% · 1y	$931M
APPS	Digital Turbine Inc.	Capital Markets & Asset Management	$565M	4.7%	($38M)	—	($248M)
AAMI	Acadian Asset Management Inc.	Capital Markets & Asset Management	$564M	26.4%	$80M	—	—
GCMG	GCM Grosvenor Inc.	Capital Markets & Asset Management	$558M	18.9%	$45M	—	($2M)
CNS	Cohen & Steers	Capital Markets & Asset Management	$556M	38.3%	$153M	43.5%	$543M
DAVE	Dave Inc.	Capital Markets & Asset Management	$554M	-4.2%	$196M	-64.7%	$339M
TIGR	UP FINTECH HOLDING LIMITED	Capital Markets & Asset Management	$539M	25.0%	$171M	6.8%	$863M
CAN	Canaan Inc.	Capital Markets & Asset Management	$530M	-38.9%	($210M)	-49.7%	$437M
IREN	IREN Limited	Capital Markets & Asset Management	$501M	-14.5%	$87M	-2.6%	$1.8B
WT	WisdomTree Inc.	Capital Markets & Asset Management	$494M	29.1%	$109M	—	($564M)
FUFU	BitFuFu Inc.	Capital Markets & Asset Management	$478M	5.7%	($31M)	48.1%	$158M
MSTR	Strategy Inc Common Stock Class A	Capital Markets & Asset Management	$477M	-2.8%	($3.8B)	3.0%	$44.1B
RHLD	Resolute Holdings Management, Inc.	Capital Markets & Asset Management	$462M	30.5% · 2y	($6M)	-90.8% · 1y	$7M
NOAH	Noah Holdings Limited	Capital Markets & Asset Management	$387M	28.0%	$83M	11.3%	$1.5B
PAX	Patria Investments Limited Class A	Capital Markets & Asset Management	$374M	44.0%	$72M	—	($220M)
WLTH	Wealthfront Corporation	Capital Markets & Asset Management	$365M	37.2%	($42M)	630.5% · 2y	$615M
BTDR	Bitdeer Technologies Group	Capital Markets & Asset Management	$357M	-18.2%	($320M)	-19.0%	$158M
CORZ	Core Scientific Inc.	Capital Markets & Asset Management	$319M	-19.2%	($289M)	—	($963M)
HIVE	HIVE Digital Technologies Ltd.	Capital Markets & Asset Management	$298M	1.8%	($148M)	-0.7%	$529M
RPC	Ridgepost Capital Inc.	Capital Markets & Asset Management	$297M	21.9%	$20M	—	($263M)
ACTG	Acacia Research Corporation	Capital Markets & Asset Management	$285M	-26.9%	$22M	4.6%	$470M
SII	Sprott Inc.	Capital Markets & Asset Management	$285M	29.5%	$67M	32.5%	$165M
NAVI	Navient Corporation	Capital Markets & Asset Management	$271M	1087.2%	($80M)	23.1%	$2.2B
ALTI	AlTi Global Inc.	Capital Markets & Asset Management	$255M	-21.8%	($120M)	—	($222M)
ABX	Abacus Global Management Inc.	Capital Markets & Asset Management	$235M	37.0%	$37M	7.0% · 2y	$99M
HUT	Hut 8 Corp.	Capital Markets & Asset Management	$235M	-55.2%	($226M)	-27.6%	$1.2B
KEEL	Keel Infrastructure Corp.	Capital Markets & Asset Management	$229M	n/a	($285M)	-17.1%	$560M
CIFR	Cipher Digital Inc.	Capital Markets & Asset Management	$224M	-28.9%	($822M)	-9.0%	$728M
VEL	Velocity Financial Inc.	Capital Markets & Asset Management	$186M	n/a	$105M	—	—
ABTC	American Bitcoin Corp.	Capital Markets & Asset Management	$185M	-119.4%	($153M)	-104.7%	$510M
GEMI	Gemini Space Station Inc.	Capital Markets & Asset Management	$180M	-192.5%	($583M)	-145.3% · 1y	$401M
WULF	TeraWulf Inc.	Capital Markets & Asset Management	$168M	-27.9%	($661M)	-18.2%	$85M
MAAS	Maase Inc.	Capital Markets & Asset Management	$116M	-39.0%	($68M)	-17.3%	$77M
BTBT	Bit Digital Inc.	Capital Markets & Asset Management	$114M	-58.9%	($80M)	-10.4%	$691M
CRCL	Circle Internet Group Inc.	Capital Markets & Asset Management	$110M	1102.0%	($70M)	157.5%	$2.7B
DEFT	Defi Technologies Inc.	Capital Markets & Asset Management	$99M	-24.1% · 2y	$62M	54.7% · 1y	$114M
DBRG	DigitalBridge Group Inc.	Capital Markets & Asset Management	$94M	-16.2%	$142M	-10.3%	$1.6B
ANTA	Antalpha Platform Holding Company	Capital Markets & Asset Management	$80M	6.7%	$24M	17.2% · 2y	$98M
WYFI	WhiteFiber Inc.	Capital Markets & Asset Management	$79M	-16.3% · 2y	($25M)	-2.2% · 2y	$449M
BGIN	Bgin Blockchain Limited	Capital Markets & Asset Management	$67M	27.0%	($177M)	-146.6% · 2y	$54M
GPGI	GPGI Inc.	Capital Markets & Asset Management	$60M	30.4%	($136M)	-55.9% · 1y	$243M
GREEL	Vulcan Infrastructure and Power Inc.	Capital Markets & Asset Management	$59M	-16.2%	$5M	—	($46M)
MARA	MARA Holdings Inc.	Capital Markets & Asset Management	$59M	-133.9%	($1.3B)	-37.8%	$3.5B
ARBK	Argo Blockchain plc	Capital Markets & Asset Management	$47M	-35.8%	($55M)	—	($29M)
BGDE	Big Digital Energy Inc.	Capital Markets & Asset Management	$40M	-52.6%	($24M)	—	($3M)
MATH	Metalpha Technology Holding Limited	Capital Markets & Asset Management	$37M	8.5%	$16M	—	($379M)
DGXX	Digi Power X Inc.	Capital Markets & Asset Management	$34M	—	($28M)	-41.2% · 2y	$122M
VALU	Value Line Inc.	Capital Markets & Asset Management	$33M	18.1%	$22M	26.3%	$108M
SLNHP	Soluna Holdings, Inc.	Capital Markets & Asset Management	$30M	-113.3%	($53M)	-11.7%	$45M
SBET	Sharplink Inc.	Capital Markets & Asset Management	$28M	-179.6%	($735M)	-30.4%	$2.4B
AXG	Solowin Holdings Class A Ordinary Share	Capital Markets & Asset Management	$28M	55.8%	($13M)	-50.2%	$25M
JFU	9F Inc.	Capital Markets & Asset Management	$20M	-31.6%	$25M	-4.9%	$546M
FWDI	Forward Industries Inc.	Capital Markets & Asset Management	$18M	-3.9%	($167M)	-40.5%	$1.5B
GEGGL	Great Elm Group, Inc.	Capital Markets & Asset Management	$16M	-46.5%	$13M	9.8%	$58M
NCTY	The9 Limited American Depository Shares	Capital Markets & Asset Management	$16M	n/a	($61M)	-53.7%	$28M
WTF	Waton Financial Limited	Capital Markets & Asset Management	$11M	-50.9%	($15M)	-24.0%	$22M
SORA	AsiaStrategy	Capital Markets & Asset Management	$11M	1.3%	$12M	26.7% · 2y	$22M
LDI	loanDepot Inc.	Capital Markets & Asset Management	$10M	n/a	($63M)	—	—
GSIW	Garden Stage Limited	Capital Markets & Asset Management	$7M	—	($14M)	-65.0%	$13M
BMNR	BitMine Immersion Technologies Inc.	Capital Markets & Asset Management	$6M	-224.0%	$349M	-39.4%	$8.7B
HTT	High Templar Tech Limited	Capital Markets & Asset Management	$6M	35.0%	$105M	6.1%	$1.7B
TRON	Tron Inc.	Capital Markets & Asset Management	$5M	n/a	($17M)	-49.8%	$210M
TOP	TOP Financial Group Limited	Capital Markets & Asset Management	$5M	-99.9% · 2y	($1M)	-10.3% · 2y	$34M
SAIH	SAIHEAT Limited	Capital Markets & Asset Management	$5M	-102.7%	($9M)	-41.0%	$7M
ASST	Strive Inc.	Capital Markets & Asset Management	$4M	-188.1%	($22M)	-62.0%	$23M
AVX	Avax One Technology Ltd.	Capital Markets & Asset Management	$2M	—	($33M)	-17.9% · 1y	$185M
CD	Chaince Digital Holdings Inc.	Capital Markets & Asset Management	$2M	n/a	($5M)	-15.3% · 2y	$44M
GRAN	Grande Group Limited	Capital Markets & Asset Management	$2M	40.4%	($4M)	—	($2M)
ZSQR	Z Squared Inc.	Capital Markets & Asset Management	$1M	—	($12M)	-572.2%	$13M
PLUT	Plutus Financial Group Limited	Capital Markets & Asset Management	$1M	-53.7%	($5M)	-10.1%	$11M
MTC	MMTec Inc.	Capital Markets & Asset Management	$808K	n/a	($56M)	—	($95M)
AURE	Aurelion Inc.	Capital Markets & Asset Management	$143K	n/a	($10M)	4.2%	$2M
BMHL	Bluemount Holdings Limited	Capital Markets & Asset Management	$7K	25.2%	$1K	26.2%	$5K
CANG	Cango Inc.	Capital Markets & Asset Management	as filed: CN¥804M	22.2%	as filed: CN¥300M	6.0%	as filed: CN¥3.9B
SLMT	Brera Holdings PLC	Capital Markets & Asset Management	as filed: €3M	-220.4%	as filed: €4M	—	as filed: (€16M)
STKE	Sol Strategies Inc.	Capital Markets & Asset Management	as filed: C$5M	—	as filed: (C$50M)	-10.7% · 2y	as filed: C$43M
VINP	Vinci Compass Investments Ltd. Class A	Capital Markets & Asset Management	as filed: R$118M	159.7% · 1y	as filed: R$118M	35.9%	as filed: R$329M
XP	XP Inc.	Capital Markets & Asset Management	as filed: R$7.4B	n/a	as filed: R$4.5B	21.8%	as filed: R$19.5B

Every figure is recomputed from the company’s own SEC or EDINET filings, the same way as on its page; the columns name facts, weigh nothing, and form no rank. Foreign filers are stated in US dollars at the dated reference rate (as of 2026-08-20) so each money column sorts on one basis; their own pages keep the records as filed. A foreign filer whose conversion terms are missing shows its money as filed and sorts to the back of the column — never a guessed conversion. Ratios and margins are currency-free.