v3.25.4
Equity And Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2025
Equity And Earnings Per Share [Abstract]  
IBG LLC Ownership of Member Interests

 

 

IBG, Inc.

 

 

Holdings

 

 

Total

 

Ownership %

 

26.3

%

 

 

73.7

%

 

 

100.0

%

Membership interests

 

445,612,825

 

 

 

1,250,737,416

 

 

 

1,696,350,241

 

Schedule Of Authorized, Issued And Outstanding Shares

 

 

December 31,

 

 

 

2025

 

 

2024

 

 

 

Authorized

 

 

Issued

 

 

Outstanding

 

 

Authorized

 

 

Issued

 

 

Outstanding

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Class A common stock

 

 

4,000,000,000

 

 

 

446,130,605

 

 

 

445,413,716

 

 

 

4,000,000,000

 

 

 

436,244,236

 

 

 

435,618,452

 

Class B common stock

 

 

1,000

 

 

 

400

 

 

 

400

 

 

 

1,000

 

 

 

400

 

 

 

400

 

Preferred stock

 

 

10,000

 

 

 

-

 

 

 

-

 

 

 

10,000

 

 

 

-

 

 

 

-

 

Earnings Per Share Basic And Diluted

Basic earnings per share is calculated utilizing net income available for common stockholders divided by the weighted average number of shares of Class A and Class B common stock outstanding for that period.

 

 

 

Year-Ended December 31,

 

 

2025

 

2024

 

2023

 

 

 

 

 

 

 

 

 

 

 

 

(in millions, except share or per share amounts)

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

 

 

 

 

 

 

 

 

Net income available for common stockholders

 

$

984

 

$

755

 

$

600

Weighted average shares of common stock outstanding

 

 

 

 

 

 

 

 

 

Class A

 

 

440,931,509

 

 

432,448,396

 

 

419,859,800

Class B

 

 

400

 

 

400

 

 

400

 

 

440,931,909

 

 

432,448,796

 

 

419,860,200

Basic earnings per share

 

$

2.23

 

$

1.75

 

$

1.43

 

Diluted earnings per share are calculated utilizing the Company’s basic net income available for common stockholders divided by diluted weighted average shares outstanding with no adjustments to net income available to common stockholders for potentially dilutive common shares.

 

 

 

Year-Ended December 31,

 

 

2025

 

2024

 

2023

 

 

 

 

 

 

 

 

 

 

 

 

(in millions, except share or per share amounts)

 

 

 

 

 

 

 

 

 

 

Diluted earnings per share

 

 

 

 

 

 

 

 

 

Net income available for common stockholders

 

$

984

 

$

755

 

$

600

Weighted average shares of common stock outstanding

 

 

 

 

 

 

 

 

 

Class A

 

 

 

 

 

 

 

 

 

Issued and outstanding

 

 

440,931,509

 

 

432,448,396

 

 

419,859,800

Potentially dilutive common shares

 

 

 

 

 

 

 

 

 

Issuable pursuant to employee stock incentive plans

 

 

2,927,637

 

 

3,562,956

 

 

3,527,308

Class B

 

 

400

 

 

400

 

 

400

 

 

443,859,546

 

 

436,011,752

 

 

423,387,508

Diluted earnings per share

 

$

2.22

 

$

1.73

 

$

1.42