E*Trade is an innovative financial services company offering a full suite of easy-to-use online brokerage, investing and related banking solutions, delivered at a competitive price. The Company empowers individuals to take control of their financial futures by providing the products, tools and services they need to meet their near- and long-term investing goals. E*Trade provides these services to customers both online and through their network of customer service representatives and financial consultants - over the phone and in person.
TypePublic
HQNew York, US
Founded1982
Size (employees)4,091 (est)+14%
Websiteus.etrade.com
E-TRADE was founded in 1982 and is headquartered in New York, US
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E-TRADE Office Locations

E-TRADE has offices in New York, Washington, Torrance, Tampa and in 31 other locations
New York, (HQ)
1271 Ave of the Americas
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E-TRADE Financials and Metrics

E-TRADE Revenue

E-TRADE's revenue was reported to be $2.37 b in FY, 2017
USD

Revenue (Q2, 2018)

710.0m

Net income (Q2, 2018)

250.0m

EBIT (Q2, 2018)

453.0m

Market capitalization (4-Dec-2018)

12.4b

Closing stock price (4-Dec-2018)

48.7

Cash (30-Jun-2018)

532.0m
E-TRADE's current market capitalization is $12.4 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

1.7b1.8b1.4b1.9b2.4b

Revenue growth, %

5%(21%)36%

Sales and marketing expense

362.8m466.0m501.0m546.0m

General and administrative expense

72.9m88.0m98.0m116.0m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018Q2, 2018

Revenue

416.8m475.0m438.0m440.0m456.0m445.0m73.0m472.0m474.0m486.0m553.0m577.0m708.0m710.0m

Sales and marketing expense

88.4m98.0m99.0m108.0m113.0m118.0m123.0m126.0m125.0m123.0m136.0m133.0m152.0m160.0m

General and administrative expense

17.7m18.0m19.0m22.0m21.0m22.0m21.0m23.0m24.0m24.0m27.0m29.0m30.0m30.0m

Operating expense total

270.7m290.0m284.0m277.0m300.0m309.0m293.0m312.0m295.0m323.0m342.0m359.0m395.0m384.0m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

1.8b1.8b2.2b2.0b931.0m

Accounts Receivable

2.6b

Inventories

PP&E

237.2m245.0m236.0m239.0m253.0m
Quarterly
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

86.0m293.0m268.0m552.0m614.0m

Depreciation and Amortization

395.0m78.0m325.0m239.0m262.0m

Inventories

Accounts Payable

Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018Q2, 2018

Net Income

28.1m97.0m166.0m252.0m40.0m332.0m179.0m153.0m286.0m425.0m145.0m338.0m247.0m497.0m

Depreciation and Amortization

311.3m79.0m159.0m245.0m89.0m186.0m271.0m53.0m112.0m174.0m61.0m124.0m65.0m129.0m

Cash From Operating Activities

888.5m(143.0m)300.0m368.0m(530.0m)389.0m668.0m96.0m327.0m728.0m365.0m172.0m546.0m476.0m

Cash From Investing Activities

658.6m337.0m1.4b1.4b(1.3b)(1.2b)3.2b(2.7b)(3.2b)(3.6b)(7.0b)(10.0b)(1.4b)(664.0m)
USDY, 2018

Financial Leverage

9.3 x
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E-TRADE Operating Metrics

FY, 2014FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Average Commission per Trade

$10.81 $10.86 $10.64 $10.82 $10.97 $10.70 $9.87 $8.02

Client Assets

$290.30 b$287.90 b$284.50 b$285.90 b$306.80 b$311.30 b$335.70 b$348.20 b

Customer Margin Balances

$7.70 b$7.40 b$6.30 b$6.80 b$6.80 b$7.10 b$7.30 b$8.20 b

Daily Average Revenue Trades (DARTs)

168.47 k155.47 k165.12 k152.49 k151.91 k164.13 k207.22 k208.21 k
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E-TRADE Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Trust Company Of AmericaOctober 19, 2017$275 m
OptionsHouseJuly 25, 2016$725 m
Cake FinancialJanuary 13, 2010
BrownCoSeptember 28, 2005$1.60 b
HarrisdirectAugust 07, 2005$700 m
Web StreetMay 21, 2001$45 m
Card Capture ServicesMarch 14, 2000
Telebanc FinancialJanuary 11, 2000
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E-TRADE Online and Social Media Presence

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E-TRADE Blogs

E*TRADE to Host Education Day in Manhattan Beach

E*TRADE to Host Education Day in Manhattan Beach Lynn.Cocchiola… Fri, 10/12/2018 - 16:07 E*TRADE to Host Education Day in Manhattan Beach Oct 12, 2018 This release is a backfill from a News Wire General General …

E*TRADE to Host Education Day in Chicago

E*TRADE to Host Education Day in Chicago Rachel.Hassett… Fri, 10/05/2018 - 08:08 E*TRADE to Host Education Day in Chicago Oct 5, 2018 This release is a backfill from a News Wire General General Compliment…

E*TRADE Financial Corporation Announces Third Quarter 2018 Earnings Conference Call

E*TRADE Financial Corporation Announces Third Quarter 2018 Earnings Conference Call Rachel.Hassett… Thu, 10/04/2018 - 08:06 E*TRADE Financial Corporation Announces Third Quarter 2018 Earnings Conference Call Oct 4, 2018 This release is a backfill from a News …

Amid Active/Passive Investing Debate, E*TRADE Study Reveals Investors Still Prefer Stock-Picking Over ETFs

Amid Active/Passive Investing Debate, E*TRADE Study Reveals Investors Still Prefer Stock-Picking Over ETFs jennifer.segal… Mon, 10/01/2018 - 16:08 Amid Active/Passive Investing Debate, E*TRADE Study Reveals Investors Still Prefer Stock-Picking Over ETFs Oct 1, 2018 …

E*TRADE Launches Industry-First, Automated 10b5-1 Trading Plan Solution

E*TRADE Launches Industry-First, Automated 10b5-1 Trading Plan Solution Rachel.Hassett… Thu, 09/27/2018 - 08:07 E*TRADE Launches Industry-First, Automated 10b5-1 Trading Plan Solution Sep 27, 2018 This release is a backfill from a News Wire …

E*TRADE Launches New Themes Designed to Help Investors Align Their Interests with Their Investments

E*TRADE Launches New Themes Designed to Help Investors Align Their Interests with Their Investments Rachel.Hassett… Mon, 09/24/2018 - 16:07 E*TRADE Launches New Themes Designed to Help Investors Align Their Interests with Their Investments Sep 24, 2018 This r…
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E-TRADE Company Life and Culture

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E-TRADE Frequently Asked Questions

  • When was E-TRADE founded?

    E-TRADE was founded in 1982.

  • How many employees does E-TRADE have?

    E-TRADE has 4,091 employees.

  • What is E-TRADE revenue?

    Latest E-TRADE annual revenue is $2.4 b.

  • What is E-TRADE revenue per employee?

    Latest E-TRADE revenue per employee is $578.3 k.

  • Who are E-TRADE competitors?

    Competitors of E-TRADE include Robinhood, Evli Pankki and TP ICAP.

  • Where is E-TRADE headquarters?

    E-TRADE headquarters is located at 1271 Ave of the Americas, New York.

  • Where are E-TRADE offices?

    E-TRADE has offices in New York, Washington, Torrance, Tampa and in 31 other locations.

  • How many offices does E-TRADE have?

    E-TRADE has 35 offices.