Intercontinental Exchange, Inc.

10-K & 10-Q Filings

Intercontinental Exchange, Inc. (ICE) is a leading global provider of technology and data to financial institutions, corporations, and government entities. The company was founded in 2000 with the goal of transforming energy markets by creating a network that reduces friction and provides greater transparency and efficiency. ICE operates in three reportable business segments: Exchanges, Fixed Income and Data Services, and Mortgage Technology. The Exchanges segment includes regulated marketplaces for the listing, trading, and clearing of a broad array of derivatives contracts and financial securities, such as commodities, interest rates, foreign exchange, and equities. The Fixed Income and Data Services segment offers fixed income pricing, reference data, indices, analytics, and execution services, as well as global credit default swaps clearing and multi-asset class data delivery technology. The Mortgage Technology segment provides a technology platform that offers comprehensive, digital workflow tools to address inefficiencies and mitigate risks in the U.S. residential mortgage market. ICE operates six clearing houses, each of which acts as a central counterparty and provides financial security for each transaction by limiting counterparty credit risk. The company's contributions to each clearing house, as well as the products cleared and location of execution, are listed in the text. The company's business strategy includes leveraging its expertise in data services and technology to inform and enhance its operations across all three segments. ICE's website is www.theice.com, and its ticker symbol is ICE.

12 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$1795.00
4221.00
4682.00
5958.00
5834.00
6032.00
6262.00
7887.00
8745.00
9020.00
9095.00
2296.00
2560.00
17.62%11.50%Net Interest Income (+)
$-56.00
-96.00
-97.00
-178.00
-187.00
-244.00
-285.00
-357.00
-423.00
-616.00
-808.00
-176.00
-241.00
-36.93%Interest Expense (-)
$56.00
96.00
97.00
178.00
187.00
244.00
285.00
357.00
423.00
616.00
808.00
176.00
241.00
30.59%36.93%Non Interest Income (+)
$1851.00
4317.00
4779.00
6136.00
6021.00
Selling, General & Administrative (-)
$55.00
143.00
116.00
116.00
155.00
151.00
161.00
185.00
215.00
226.00
266.00
74.00
78.00
17.07%5.41%Depreciation & Amortization (-)
$161.00
333.00
374.00
610.00
535.00
586.00
662.00
751.00
1009.00
1031.00
1215.00
260.00
381.00
22.40%46.54%Non-recurring Operating Expenses (-)
$165.00
129.00
88.00
80.00
36.00
34.00
2.00
105.00
102.00
93.00
269.00
21.00
36.00
5.01%71.43%Operating Expenses (-)
$884.00
-1448.00
-1750.00
2332.00
2250.00
-2583.00
-2673.00
-3033.00
-3449.00
-3638.00
-3694.00
-969.00
-1063.00
-9.70%Operating Income/Loss (+)
$790.00
1448.00
1750.00
2167.00
2379.00
2583.00
2673.00
3033.00
3449.00
3638.00
3694.00
969.00
1063.00
16.68%9.70%Non-operating Income/Expense (+)
$-290.00
-41.00
-97.00
-138.00
138.00
-63.00
-192.00
-267.00
2249.00
-1830.00
-800.00
-120.00
-99.00
17.50%Earnings before Tax (+)
$500.00
1407.00
1653.00
2029.00
2517.00
2520.00
2481.00
2766.00
5698.00
1808.00
2894.00
849.00
964.00
19.19%13.55%Tax Expense (-)
$230.00
402.00
358.00
580.00
-25.00
500.00
521.00
658.00
1629.00
310.00
456.00
175.00
181.00
7.08%3.43%Income/Loss (Continuing Operations) (+)
$270.00
1005.00
1295.00
1449.00
2542.00
2020.00
1960.00
2108.00
4069.00
1498.00
2438.00
674.00
783.00
24.61%16.17%Income/Loss (Discontinued Operations) (+)
$
11.00
Profit/Loss (+)
$270.00
1016.00
1295.00
1449.00
2542.00
2020.00
1960.00
2108.00
4069.00
1498.00
2438.00
674.00
783.00
24.61%16.17%Net Income/Loss (NCI) (-)
$-16.00
-35.00
-21.00
-27.00
27.00
19.00
11.00
52.00
70.00
16.00
Net Income/Loss (+)
$254.00
981.00
1274.00
1422.00
2514.00
1988.00
1933.00
2089.00
4058.00
1446.00
2368.00
655.00
767.00
25.01%17.10%Net Income/Loss (Common) (+)
$254.00
981.00
1274.00
1422.00
2514.00
1988.00
1933.00
2089.00
4058.00
1446.00
2368.00
655.00
767.00
25.01%17.10%EPS (Basic)
$3.24
8.60
11.45
2.39
4.27
3.46
3.44
3.79
7.22
2.59
4.20
1.17
1.34
2.63%14.53%EPS (Diluted)
$3.21
8.55
11.39
2.37
4.23
3.43
3.42
3.77
7.18
2.58
4.19
1.17
1.33
2.70%13.68%Weighted Avg Shares (Basic)
78.00
114.00
111.00
595.00
589.00
575.00
561.00
552.00
562.00
559.00
564.00
559.00
573.00
21.88%2.50%Weighted Avg Shares (Diluted)
79.00
115.00
112.00
599.00
594.00
579.00
565.00
555.00
565.00
561.00
565.00
561.00
575.00
21.74%2.50%Cash
$1238.00
981.00
1284.00
1086.00
1304.00
1542.00
1784.00
1583.00
1642.00
7948.00
2110.00
8214.00
2090.00
5.48%-74.56%Short-term Investments
$74.00
1200.00
29.00
23.00
16.00
Receivables
$482.00
471.00
700.00
777.00
903.00
953.00
988.00
1230.00
1208.00
1169.00
1366.00
1650.00
1645.00
10.98%-0.30%Prepaid Expenses (Current)
$249.00
135.00
131.00
97.00
117.00
242.00
220.00
323.00
1021.00
458.00
703.00
503.00
628.00
10.94%24.85%Securities & Long-term Investments
$485.00
676.00
562.00
696.00
264.00
330.00
404.00
408.00
398.00
405.00
340.00
405.00
340.00
-3.49%-16.05%Property, Plant & Equipment (Net)
$891.00
874.00
1037.00
1129.00
1246.00
1241.00
Goodwill & Intangibles
$18905.00
16315.00
22837.00
22711.00
22485.00
23547.00
23600.00
35699.00
34859.00
34201.00
47870.00
34066.00
47605.00
9.74%39.74%Other Assets
$42494.00
47627.00
51407.00
55484.00
51929.00
64936.00
67497.00
86957.00
154374.00
150157.00
83695.00
106712.00
79089.00
7.01%-25.89%Assets (Total)
$64818.00
68279.00
77987.00
82003.00
78264.00
92791.00
94493.00
126200.00
193502.00
194338.00
136084.00
151550.00
131397.00
7.70%-13.30%Accounts Payable
$644.00
542.00
613.00
618.00
689.00
801.00
796.00
985.00
1057.00
1218.00
1462.00
1095.00
1147.00
8.54%4.75%Debt (Current)
$1135.00
2042.00
2591.00
2493.00
1833.00
951.00
2569.00
2411.00
1521.00
4.00
1954.00
1916.00
5.58%Debt (Non-current)
$8981.00
2247.00
12025.00
10235.00
4267.00
6490.00
5531.00
14126.00
12397.00
18118.00
20659.00
18123.00
20068.00
8.69%10.73%Other Liabilities
$41121.00
50891.00
47883.00
52867.00
54523.00
67247.00
68233.00
89051.00
155779.00
152237.00
86223.00
109121.00
81977.00
7.69%-24.88%Liabilities (Total)
$51881.00
55722.00
63112.00
66213.00
61312.00
75489.00
77129.00
106573.00
170754.00
171577.00
110298.00
128339.00
105108.00
7.83%-18.10%Treasury Stock
$53.00
743.00
1448.00
40.00
1076.00
2354.00
3879.00
5200.00
5520.00
6225.00
6304.00
6274.00
6375.00
61.26%1.61%Retained Earnings
$2482.00
3210.00
4148.00
4789.00
6825.00
8317.00
9629.00
11039.00
14350.00
14943.00
16356.00
15362.00
16865.00
20.75%9.78%AOCI
$359.00
-46.00
-188.00
-344.00
-223.00
-315.00
-243.00
-192.00
-196.00
-331.00
-294.00
-315.00
-305.00
3.17%Shareholder's Equity
$12615.00
12392.00
14840.00
15754.00
16952.00
17231.00
17286.00
19534.00
22748.00
22761.00
25786.00
23211.00
26289.00
7.41%13.26%Liabilities & Equity
$64818.00
68279.00
77987.00
82003.00
78264.00
92791.00
94493.00
126200.00
193502.00
194338.00
136084.00
151550.00
131397.00
7.70%-13.30%Net Income/Loss
$270.00
1016.00
1295.00
1449.00
2542.00
2020.00
1960.00
2108.00
4069.00
1498.00
2438.00
674.00
783.00
24.61%16.17%Depreciation & Amortization
$161.00
333.00
374.00
610.00
535.00
586.00
662.00
751.00
1009.00
1031.00
1215.00
260.00
381.00
22.40%46.54%Increase/Decrease in Working Capital
$-53.00
-56.00
300.00
156.00
230.00
96.00
29.00
129.00
87.00
-123.00
388.00
283.00
221.00
-21.91%Share-based Compensation
$64.00
97.00
111.00
124.00
135.00
130.00
139.00
139.00
188.00
155.00
257.00
40.00
57.00
14.91%42.50%Adjustments to Reconcile Net Income
$465.00
458.00
16.00
700.00
-457.00
513.00
699.00
773.00
-946.00
2056.00
1104.00
-21.00
226.00
9.03%1176.19%Net Cash (Operating)
$735.00
1463.00
1311.00
2149.00
2085.00
2533.00
2659.00
2881.00
3123.00
3554.00
3542.00
653.00
1009.00
17.03%54.52%Capital Expenditure
$2462.00
956.00
4216.00
860.00
-419.00
1526.00
657.00
9856.00
-602.00
-127.00
10508.00
85.00
145.00
15.62%70.59%Net Cash (Investing)
$-2523.00
36.00
-3298.00
-898.00
92.00
-1755.00
-594.00
-9830.00
-786.00
677.00
-8797.00
2045.00
259.00
-87.33%Increase/Decrease in Debt
$1418.00
-552.00
3130.00
-949.00
-385.00
1330.00
370.00
8696.00
-2639.00
4174.00
2068.00
-4.00
-638.00
3.85%-15850.00%Increase/Decrease in Equity
$13.00
-632.00
-641.00
-50.00
-949.00
-1198.00
-1460.00
-1247.00
-250.00
-632.00
Interest Expenses
$32.00
140.00
123.00
170.00
171.00
202.00
280.00
298.00
406.00
550.00
727.00
167.00
222.00
36.66%32.93%Dividends Paid
$75.00
299.00
331.00
409.00
476.00
555.00
621.00
669.00
747.00
853.00
955.00
236.00
258.00
28.97%9.32%Net Cash (Financing)
$1119.00
-1673.00
1976.00
-1462.00
-1971.00
-463.00
-1753.00
6744.00
62026.00
-1841.00
-64345.00
-42351.00
-5522.00
86.96%Cash Taxes Paid
$198.00
338.00
542.00
460.00
594.00
533.00
557.00
642.00
1057.00
882.00
909.00
149.00
142.00
16.46%-4.70%Effect of Exchange Rate
$18.00
-21.00
-14.00
-9.00
12.00
-11.00
4.00
8.00
-6.00
-23.00
7.00
1.00
-5.00
-9.01%-600.00%Increase/Decrease in Cash
$-651.00
-309.00
-25.00
-220.00
218.00
304.00
316.00
-197.00
64357.00
2367.00
-69593.00
-39652.00
-4259.00
89.26%Cash (Beginning)
$1612.00
961.00
652.00
627.00
1350.00
1568.00
1872.00
2188.00
83619.00
147976.00
150343.00
150343.00
80750.00
57.39%-46.29%Cash (Ending)
$961.00
652.00
627.00
407.00
1568.00
1872.00
2188.00
1991.00
147976.00
150343.00
80750.00
110691.00
76491.00
55.75%-30.90%NOPAT
$477.16
1100.15
1176.19
1675.71
2355.37
2036.67
2072.89
2329.03
2809.20
1863.27
2533.72
798.94
906.42
18.17%13.45%Operating Margin %
44.01%
34.30%
37.38%
36.37%
40.78%
42.82%
42.69%
38.46%
39.44%
40.33%
40.62%
42.20%
41.52%
NOPAT Margin %
26.58%
26.06%
25.12%
28.13%
40.37%
33.76%
33.10%
29.53%
32.12%
20.66%
27.86%
34.80%
35.41%
Net Margin %
14.15%
23.24%
27.21%
23.87%
43.09%
32.96%
30.87%
26.49%
46.40%
16.03%
26.04%
28.53%
29.96%
Tax Rate %
39.60%
24.02%
32.79%
22.67%
0.99%
21.15%
22.45%
23.21%
18.55%
48.78%
31.41%
17.55%
14.73%
ROA
0.74%
1.61%
1.51%
2.04%
3.01%
2.19%
2.19%
1.85%
1.45%
0.96%
1.86%
0.53%
0.69%
ROE
3.78%
8.88%
7.93%
10.64%
13.89%
11.82%
11.99%
11.92%
12.35%
8.19%
9.83%
3.44%
3.45%
Equity Multiplier
5.14
5.51
5.26
5.21
4.62
5.39
5.47
6.46
8.51
8.54
5.28
6.53
5.00
Debt/Equity Ratio
0.80
0.35
0.98
0.81
0.36
0.43
0.47
0.85
0.61
0.80
0.88
0.78
0.84
Dividend Payout Ratio %
15.72%
27.18%
28.14%
24.41%
20.21%
27.25%
29.96%
28.72%
26.59%
45.78%
37.69%
29.54%
28.46%
Total Payout
$62.00
931.00
972.00
459.00
1425.00
1753.00
2081.00
1916.00
997.00
1485.00
955.00
236.00
258.00
31.45%9.32%Payout Ratio %
12.99%
84.62%
82.64%
27.39%
60.50%
86.07%
100.39%
82.27%
35.49%
79.70%
37.69%
29.54%
28.46%