HOOD
Robinhood Markets, Inc.
HOOD offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
IBKR
Interactive Brokers Group, Inc.
IBKR has a slight edge over HOOD overall, supported by lower modeled downside and stronger fundamentals.
HOOD Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| N/A | |
| N/A |
HOOD's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like HOOD.
IBKR Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
IBKR's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like IBKR.
HOOD PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 30x | $81.35 | — |
| Cheap | 37x | $78.84 | -3.1% |
| Current | 38x | $81.35 | — |
| Fair | 51x | $110 | +35% |
| Expensive | 74x | $160 | +96% |
Historical ranges are pointers, not guarantees.
HOOD has the edge over IBKR in the historical PE scenario, which offers more potential upside but is not a forecast.
IBKR PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 19x | $50.15 | -38% |
| Fair | 23x | $60.78 | -25% |
| Forward | 26x | $81.33 | — |
| Current | 31x | $81.33 | — |
| Expensive | 32x | $84.00 | +3.3% |
Historical ranges are pointers, not guarantees.
IBKR's PE is in its expensive range at 31x. If earnings grow as analysts expect, today's price would be 26x next year's earnings, in its fair range.
HOOD Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Low |
Analysts expect strong earnings and revenue growth for HOOD, with profitability improving. However, they disagree widely on these estimates.
IBKR Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Strong growth | |
| Improving | |
| Limited | |
| High |
Analysts expect strong earnings and revenue growth for IBKR, with profitability improving.
HOOD Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.72 | +26% |
| Q3 2026 | $2.16 | -10% |
| Q2 2026 | $2.26 | +15% |
| Q1 2026 | $2.06 | +18% |
| Q4 2025 | $2.05 | +31% |
| Q3 2025 | $2.40 | +314% |
| Q2 2025 | $1.96 | +513% |
| Q1 2025 | $1.75 | +1150% |
| Q4 2024 | $1.56 | +$2.17 |
HOOD earned $2.16 per share over the past year, down 10% from the year before.
IBKR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.18 | +22% |
| Q3 2026 | $2.60 | +25% |
| Q2 2026 | $2.50 | +31% |
| Q1 2026 | $2.33 | +29% |
| Q4 2025 | $2.22 | +28% |
| Q3 2025 | $2.08 | +30% |
| Q2 2025 | $1.91 | +21% |
| Q1 2025 | $1.81 | +23% |
| Q4 2024 | $1.73 | +22% |
IBKR has the edge over HOOD on earnings, with more consistent year-over-year improvement.
HOOD Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.4B | +12% |
| Q2 2026 | $1.3B | +32% |
| Q1 2026 | $1.1B | +15% |
| Q4 2025 | $1.3B | +27% |
| Q3 2025 | $1.3B | +100% |
| Q2 2025 | $989M | +45% |
| Q1 2025 | $927M | +50% |
| Q4 2024 | $1B | +115% |
HOOD has the edge over IBKR on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 44% | -5.9 points |
| Q2 2026 | 54% | +9.5 points |
| Q1 2026 | 39% | -1.5 points |
| Q4 2025 | 52% | -3.5 points |
| Q3 2025 | 50% | +26 points |
| Q2 2025 | 45% | +17 points |
| Q1 2025 | 40% | +14 points |
| Q4 2024 | 55% | +49 points |
HOOD's operating margin was 44% last quarter, down 5.9 points from the same quarter a year ago.
IBKR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.9B | +16% |
| Q2 2026 | $1.9B | +28% |
| Q1 2026 | $1.7B | +17% |
| Q4 2025 | $1.6B | +18% |
| Q3 2025 | $1.7B | +21% |
| Q2 2025 | $1.5B | +20% |
| Q1 2025 | $1.4B | +19% |
| Q4 2024 | $1.4B | +22% |
IBKR's revenue has grown year over year for 17 quarters in a row: $1.9B last quarter, up 16% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 78% | -1.1 points |
| Q2 2026 | 77% | +2.2 points |
| Q1 2026 | 77% | +3.2 points |
| Q4 2025 | 79% | +4.1 points |
| Q3 2025 | 79% | +13 points |
| Q2 2025 | 75% | +3 points |
| Q1 2025 | 74% | +1.9 points |
| Q4 2024 | 75% | +3.3 points |
IBKR has the edge over HOOD on profitability, with a higher operating margin.
HOOD Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.2B | +$2.8B |
| Q2 2026 | $720M | -79% |
| Q1 2026 | $2B | +217% |
| Q4 2025 | -$937M | +$463M |
| Q3 2025 | -$1.6B | -187% |
| Q2 2025 | $3.5B | +6398% |
| Q1 2025 | $642M | +$1.3B |
| Q4 2024 | -$1.4B | -246% |
HOOD has the edge over IBKR on cash flow, with more consistent year-over-year improvement.
IBKR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $858M | -81% |
| Q2 2026 | $6.2B | -13% |
| Q1 2026 | $3.6B | +40% |
| Q4 2025 | $1.6B | -12% |
| Q3 2025 | $4.5B | +25% |
| Q2 2025 | $7.1B | +340% |
| Q1 2025 | $2.6B | +54% |
| Q4 2024 | $1.8B | -22% |
IBKR's free cash flow was $12.3B over the past year, down 23% from the year before. Free cash flow isn't a meaningful measure for financial services companies like IBKR.
HOOD Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -1M shares |
| 1 year | -0.8% | -6.9M shares |
| 3 years | +1.8% | +15.9M shares |
| 5 years | +292% | +679M shares |
| Available history | +7.2% | +60.8M shares |
HOOD has the edge over IBKR on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $25M |
| Q2 2026 | $414M |
| Q1 2026 | $250M |
| Q4 2025 | $100M |
| Q3 2025 | $107M |
| Q2 2025 | $124M |
| Q1 2025 | $322M |
| Q4 2024 | $160M |
HOOD spent $789M buying back its own shares over the past year, up 11% from the year before.
IBKR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.9% | +3.8M shares |
| 1 year | +1.7% | +7.4M shares |
| 3 years | +6% | +25.9M shares |
| 5 years | +17% | +66M shares |
| Available history | +48% | +147M shares |
IBKR has 454M diluted shares, up 1.7% from a year ago.
HOOD Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.3x | Net Cash |
| Q2 2026 | -2.1x | Net Cash |
| Q1 2026 | -2.2x | Net Cash |
| Q4 2025 | -1.9x | Net Cash |
| Q3 2025 | -2.1x | Net Cash |
| Q2 2025 | -2.6x | Net Cash |
| Q1 2025 | -3.3x | Net Cash |
| Q4 2024 | -3.8x | Net Cash |
HOOD has the edge over IBKR on leverage, with a lower net debt burden relative to earnings.
IBKR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.1x | Net Cash |
| Q2 2026 | -1.4x | Net Cash |
| Q1 2026 | -1.0x | Net Cash |
| Q4 2025 | -1.0x | Net Cash |
| Q3 2025 | -1.1x | Net Cash |
| Q2 2025 | -1.1x | Net Cash |
| Q1 2025 | -0.9x | Net Cash |
| Q4 2024 | -1.0x | Net Cash |
IBKR has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like IBKR.
HOOD Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.8 | Neutral |
| Stochastic | 9.5 | Oversold |
HOOD's weekly RSI is 41 (neutral) and its Stochastic is 10 (oversold).
IBKR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 45.8 | Neutral |
| Stochastic | 19.1 | Oversold |
IBKR's weekly RSI is 46 (neutral) and its Stochastic is 19 (oversold).
HOOD PE vs Financial Services Sector
| Metric | HOOD | Sector median | Relative |
|---|---|---|---|
| PE | 38x | 13x | 189% above |
| PE % | 22 | 66 | 44 pts below |
HOOD is trading at 38x earnings, a 189% premium to the Financial Services sector's median of 13x.
IBKR PE vs Financial Services Sector
| Metric | IBKR | Sector median | Relative |
|---|---|---|---|
| PE | 31x | 13x | 140% above |
| PE % | 79 | 63 | 16 pts above |
IBKR has the edge over HOOD on valuation relative to its sector.
HOOD Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $97.8 | 17% below |
| 20 week MA | $102.2 | 20% below |
| 50 week MA | $95.4 | 15% below |
| 100 week MA | $88.5 | 8.1% below |
| 200 week MA | $52.1 | 56% above |
HOOD has fallen below most of its moving averages, though it's still 56% above its 200-week average.
IBKR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $82.8 | 1.8% below |
| 20 week MA | $88.1 | 7.7% below |
| 50 week MA | $80.4 | 1.1% above |
| 100 week MA | $68.0 | 20% above |
| 200 week MA | $47.1 | 73% above |
IBKR has the edge over HOOD on trend strength, trading above more of its moving averages.
HOOD Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $35.2 | $18.9 | -46% |
| 2022 | $18.9 | $7.95 | -58% |
| 2023 | $7.95 | $12.7 | +60% |
| 2024 | $12.7 | $39.0 | +206% |
| 2025 | $39.0 | $118.1 | +203% |
| 2026 YTD | $118.1 | $81.4 | -31% |
HOOD's yearly returns have swung widely, from +206% in 2024 to −58% in 2022. It's down 31% so far in 2026.
IBKR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $11.8 | $15.3 | +30% |
| 2021 | $15.3 | $20.0 | +31% |
| 2022 | $20.0 | $18.4 | -7.9% |
| 2023 | $18.4 | $20.7 | +12% |
| 2024 | $20.7 | $44.8 | +116% |
| 2025 | $44.8 | $66.2 | +48% |
| 2026 YTD | $66.2 | $81.3 | +23% |
IBKR has the edge over HOOD on returns for 2026, with the stronger performance.