Connecting clients. Creating value.

2025 Financial Highlights

Revenue

2025 2024 2023
£2,353m
£2,253m
£2,191m

£ 2353 m

Profit Before Tax

2025 2024 2023
£230m
£214m
£96m

£ 230 m

Operating profit (EBIT)

2025 2024 2023
£264m
£236m
£128m

£ 264 m

Basic EPS

2025 2024 2023
25.2p
22.1p
9.1p

25 .2p

Operating profit - EBIT Margin

2025 2024 2023
11.2%
10.5%
5.8%

11 .2%

Dividend paid

2025 2024 2023
£122m
£113m
£99m

£ 122 m

Final dividend

Final dividend of 11.6 pence per share recommended for 2025, and payable to shareholders on 22 May 2026.

11 .6p +3%

Total dividend

Total dividend for the year of 16.8 pence per share (2024 : 16.1p), an increase of 4%

16 .8p +4%

Sustainability

Gender equality

In 2025, female representation in senior management increased from 25% to 28%.

28 %

Carbon emissions

Reduced Scope 1 and 2 carbon emissions by 10% from 2024.

-10 %

ESG ratings

Improved MSCI ESG rating from AA to AAA.

MSCI ‘AAA’ rated

Chair's Statement

“2025 was an outstanding year for TP ICAP, with record revenue and profit. Our Global Broking business delivered an especially vibrant performance, and we returned significant value for shareholders through disciplined capital management.”

Richard Berliand, Board Chair.

Chair's Statement

CEO Review

"TP ICAP stands today as a global leader in financial markets infrastructure and OTC data, with significant growth opportunities."

Nicolas Breteau, Group CEO.

CEO Review

Financial and Operating Review

“The Group has now delivered continued top-line growth annually since 2021, with a four-year CAGR of 5.5% at constant currency, which underlines the strength of the diversified business model.”

Robin Stewart, Chief Financial Officer.

Financial and Operating Review

Further Information