Revenue segments as reported by the company.

Exchanges

Fixed income and data services

Mortgage technology

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Compensation and benefits

Professional services

Acquisition-related transaction and integration costs

Technology and communication

Rent and occupancy

Selling, general and administrative

Depreciation and amortization

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Intercontinental Exchange

NYSE is the world’s leading markets for equities, options, ETFs and listings. Our unmatched market quality is delivered by our proven market model combining technology with human expertise.

NYSE

ICE allows futures, options and OTC markets and clearing houses, strategically designed to deliver global scale and local infrastructure across asset classes wherever our customers trade, invest or manage risk.

Intercontinental Exchange, Inc. engages in the provision of market infrastructure, data services and technology solutions. It operates through the following segments: Exchanges, Fixed Income and Data Services, and Mortgage Technology. The Exchanges segment operates marketplace technology for the listing, trading, and clearing of derivatives contracts and financial securities, as well as data and connectivity services. The Fixed Income and Data Services segment provides fixed income pricing, reference data, indices, analytics, and execution services as well as global credit default swap, or CDS, clearing, and multi-asset class data delivery technology. The Mortgage Technology segment provides a technology platform that offers digital workflow tools to address inefficiencies and mitigate risks that exist in the US residential mortgage market lifecycle from application through closing, servicing, and the secondary market. The company was founded by Jeffrey C. Sprecher in 2000 and is headquartered in Atlanta, GA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Intercontinental Exchange reports robust Q4 earnings and growth opportunities

ICE's Q4 2022 performance showcased revenue growth, strong earnings, and record free cash flow, underlining its financial stability and shareholder value focus.
The company's strengths in various segments, including Exchange, Fixed Income, and Mortgage Technology, position it well for continued growth and market leadership.
While facing challenges such as pricing adjustments and industry transitions, ICE is actively pursuing opportunities in technology investments, acquisitions, and revenue diversification.
Overall, ICE's emphasis on innovation, resilience, and strategic growth initiatives sets a positive trajectory for sustained success and value creation.

Intercontinental Exchange (ICE) reports robust Q1 performance and strategic growth outlook

ICE delivered a strong performance in Q1 2023, showcasing financial strength and strategic investments across business segments.
Challenges in the Fixed Income Data and mortgage business fluctuations are being addressed through subscription-based models and new client acquisitions.
Opportunities lie in capitalizing on digital assets, mortgage digitization, and cost-saving pitches in the current environment for sustained growth.

Intercontinental Exchange achieves record Q2 results, eyes growth opportunities

ICE reported stellar financial performance in Q2 2023, positioning the company for growth with record-setting results. While facing challenges in sales cycles and bond reallocations, ICE is capitalizing on opportunities in environmental products and large language models for future expansion.

Intercontinental Exchange (ICE) achieves record Q3 earnings and revenue

ICE's Q3 2023 performance showcased record earnings and revenues, driven by strong segments like Exchange and Mortgage Technology. While challenges exist in pricing strategies and potential lawsuit impacts, ICE remains focused on efficiency and growth opportunities in data services and analytics.

Intercontinental Exchange achieves record revenues, eyes growth amid challenges

ICE delivered strong financial performance in Q4 2023, with record revenues and earnings growth, driven by diversified segments and strategic investments.
Despite challenges in market conditions and pricing adjustments, ICE's focus on innovation, revenue synergies, and debt reduction positions it for future growth.
Opportunities lie in enhancing operational efficiency, leveraging acquisitions for scalability, and capitalizing on growth potential in energy and mortgage markets.
Overall, ICE's performance reflects resilience, strategic foresight, and a commitment to shareholder value creation and market leadership.

Intercontinental Exchange (ICE) achieves record Q1 earnings amidst industry challenges

ICE delivered strong financial performance in Q1 2024, with record revenues and operating income. While facing challenges in certain segments due to industry dynamics, the company remains focused on innovation and customer-centric strategies. Opportunities in energy markets and technological advancements position ICE for future growth and market leadership.

Intercontinental Exchange (ICE) achieves record revenues and eyes energy growth

ICE's Q2 2024 performance reflects robust revenue growth and operational excellence across segments, driven by strong market activities and strategic initiatives.
While facing challenges in managing dissynergies and optimizing leverage, ICE's focus on innovation and customer-centric strategies positions it well for future growth.
Opportunities lie in further expanding in energy markets, driving revenue through product integrations, and enhancing operational efficiencies to address challenges.
Overall, ICE's performance highlights its resilience, market leadership, and potential for sustained growth in diverse financial and energy markets.

Intercontinental Exchange (ICE) achieves record Q3 results, eyes growth opportunities

ICE's Q3 performance reflects solid revenue growth, effective cost management, and debt reduction, positioning the company for continued success.
Strengths in key segments like Exchange, Fixed Income, and Mortgage Technology highlight diversified revenue streams and market leadership.
Challenges lie in sustaining growth momentum, managing expenses, and optimizing leverage, while opportunities exist in energy markets, technology integration, and infrastructure investments.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Black Knight

Antitrust agency's move is a setback for efforts by ICE, parent of the New York Stock Exchange, to become a bigger force in home-loan finance.

FTC Seeks to Block Intercontinental Exchange's $11.7 Billion Black Knight Deal

International Exchange Inc. ICE, -2.35% said Thursday it “strongly disagrees” with the Federal Trade Commission's 4-0 vote to block its acquisition of Black Knight Inc. BKI, -1.95% Earlier, the FTC said the merger of “nation's largest provider of home mortgage loan origination systems and other key lender software tools” and rival Black Knight would “drive up costs, reduce innovation, and reduce lenders' choices for tools necessary to generate and service mortgages.” ICE said the deal would “automate, streamline, and increase transparency” in the mortgage industry.

ICE ‘disappointed' FTC votes to block acquisition of Black Knight

ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, announced today that it strongly disagrees with, and will vigorously oppose, the Federal Trade Commission (FTC)'s challenge to ICE's previously announced acquisition of Black Knight, Inc. (NYSE: BKI).

Intercontinental Exchange Responds to the FTC's Attempt to Block ICE's Acquisition of Black Knight

LONDON--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that it plans to auction carbon credits based on UpEnergy's Improved Cookstove Programme in Uganda. UpEnergy is a social impact business that makes clean technologies, from cleaner cooking to safe water, accessible to people and communities in low-income countries in Sub-Saharan Africa.

ICE to Host Carbon Credit Auctions for UpEnergy

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Our 3-step process focuses on wide-moat stocks (as per Morningstar's rating). We are only interested in those targets that are attractively valued in historical comparison.

U.S. Wide-Moat Stocks On Sale - The March 2023 Heat Map

ATLANTA & NEW YORK & JACKSONVILLE, Fla.--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE) and Black Knight, Inc. (NYSE: BKI) today announced that, in connection with their previously announced merger agreement for ICE's acquisition of Black Knight, they have agreed to sell Black Knight's Empower loan origination system (LOS) business, including its Exchange, LendingSpace and AIVA solutions, to a subsidiary of Constellation Software Inc. (TSX: CSU).

Black Knight and Intercontinental Exchange Announce Agreement to Sell Black Knight's Empower LOS Business to Constellation Software Inc. and Revised Terms of Merger Agreement

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Cash is yielding over 4%, so a dividend growth investor can afford to be patient. February marked the first monthly decline in projected income since 2016 due to dividend cuts.

My Dividend Growth Portfolio February Update: Cash Is Not Trash

ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology and market infrastructure, today reported February 2023 trading volume and related revenue statistics, which can be viewed on the company's investor relations website at https://ir.theice.com/ir-resources/supplemental-information in the Monthly Statistics Tracking spreadsheet. February highlights include: Record commodity futures and options open interest (OI) of 50.

Intercontinental Exchange Reports February 2023 Statistics

SAN FRANCISCO , March 1, 2023 /PRNewswire/ -- Truework, a fintech company providing income and employment verification for the nation's largest mortgage lenders, announced today that their integration is now built on the latest Encompass Partner Connect™ API Platform and available through ICE Mortgage Technology® , part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, to help reduce costs and increase underwriting efficiency for mortgage lenders. Truework is the latest ICE Mortgage Technology partner to add Automated Service Ordering through the Encompass platform.

Truework brings additional automation to ICE Mortgage Technology platform to streamline mortgage underwriting for lenders

The U.S. Federal Trade Commission is expected to challenge Intercontinental Exchange Inc's $13 billion deal for mortgage software company Black Knight , Politico reported on Monday citing three people with direct knowledge of the matter.

U.S. FTC seeks to block ICE's $13 bln takeover of Black Knight - Politico

LONDON, NEW YORK & AMSTERDAM--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced record open interest across its global commodities and energy futures and options markets. On February 22, 2023, open interest hit a record 50.7 million contracts across commodity futures and options, surpassing the previous record set in October 2021. ICE also hit record open interest that day of 46.

ICE's Global Commodity and Energy Markets Reach Record Open Interest Across Futures and Options

Coherent Corp

GEO Group

After predicting the housing collapse prior to the Great Recession, Michael Burry is an investor held in very high esteem.

56% of Michael Burry's $47 Million Portfolio Is Invested in Just 3 Stocks

ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, announced today that Warren Gardiner, ICE's Chief Financial Officer, will present at the Raymond James 44th Annual Institutional Investors Conference. The presentation will take place on Monday, March 6 at 11:00 am EST.

Intercontinental Exchange Chief Financial Officer Warren Gardiner to Present at the Raymond James 44th Annual Institutional Investors Conference on March 6

ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced it has selected Dow Jones as its main provider of news content on ICE desktops. Under the expanded agreement, customers will have access to premium news, data and insights from Dow Jones Newswires.

Intercontinental Exchange Selects Dow Jones as Main Provider of News Content Available on ICE Desktops

NEW YORK & LONDON--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced record volume and participation in its North American environmental markets, with a record 270 companies trading last year.

ICE Announces Record Trading and Participation Across North American Environmental Markets With Strong Growth in Renewable Energy Markets

Company named a leader in mortgage innovation and technological advancement by ICE Mortgage Technology® BALTIMORE , Feb. 15, 2023 /PRNewswire/ -- First Home Mortgage Corporation has been awarded the 2023 ICE Innovation Award for Borrower Conversion – Best Application-to-Closed Loan Conversion Process by ICE Mortgage Technology®, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure.  The ICE Innovation Awards recognize the most creative mortgage lending companies who are pushing the envelope with extraordinary, customized solutions leveraging ICE Mortgage Technology® to achieve their business goals with exceptional results.

First Home Mortgage Corporation Wins Innovation Award for Borrower Conversion Process

Intercontinental Exchange is a wonderful company at a fair price. Excellent financial performance; 50% operating margins, 50% recurring revenues and attractive cash returns in form of dividends and buybacks.

Intercontinental Exchange: The All-Weather Business Model

ICE is a financially stable dividend growth stock with a 5-year CAGR of 13.7%. The company offers a quarterly dividend of $0.42 and a low payout ratio of 29%.

Why Intercontinental Exchange Is A Top Pick For Dividend Growth Investors

Mortgage data vendor Black Knight Inc has decided to put its Empower loan origination software business up for sale in an effort to overcome U.S. antitrust concerns over its $13.1 billion proposed acquisition by Intercontinental Exchange Inc , people familiar with the matter said.

Exclusive: Black Knight to shed unit in bid to save $13 bln sale to ICE -sources

ICE Announces Successful First Delivery of Russian-Free Barrels of ICE Gasoil

HONG KONG & NEW YORK--( BUSINESS WIRE )--Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced it has expanded its environmental, social and governance (ESG) Company Data in the Asia-Pacific region and now offers global coverage of 16,000 companies across 105 countries. With this expansion, ICE provides high-quality, granular data mapped to approximately 1.4 million corporate equity and fixed income securities.

ICE Expands ESG Company Data in the Asia-Pacific Region

LONDON--( BUSINESS WIRE )--Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, today announced record volume in SONIA futures and options as investors return to U.K. interest rate futures markets.

ICE SONIA Futures and Options Reach Record Volume as Investors Return to U.K. Markets

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Old Dominion Freight Line, which handles freight shipping logistics, said it will raise its quarterly dividend by 33% to 40 cents from 30 cents.

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News for Intercontinental Exchange Stock (ICE)