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ICE

105.19USD+0.11(+0.10%)Delayedas of 29 Nov 2022, 12:40 pm

Intercontinental Exchange Inc

Market Summary

USD105.19+0.11Delayedas of 29 Nov 2022, 12:40 pm
0.10%

ICE Alerts

ICE Stock Price

RSI Chart

Valuation

Market Cap

54.0B

Price/Earnings

16.01

Price/Sales

5.7

Price/Cashflow

16.66

MarketCap/EBT

11.99

Price/Sales

Profitability

EBT Margin

47.53%

Return on Equity

14.78%

Return on Assets

1.57%

Fundamentals

Revenue

Revenue (TTM)

9.5B

Revenue Y/Y

13.07%

Revenue Q/Q

-1.87%

Earnings

Earnings (TTM)

3.4B

Earnings Y/Y

-55.67%

Earnings Q/Q

-15.53%

Price Action

52 Week Range

88.60137.51
(Low)(High)

Last 7 days

-0.3%

Last 30 days

8.7%

Last 90 days

4.6%

Trailing 12 Months

-18.2%

Financial Health

Current Ratio

1.04

Debt/Equity

0.61

Debt/Cashflow

0.23

Investor Care

Dividend Yield

1.47%

Dividend/Share (TTM)

1.42

Buy Backs (1Y)

0.83%

Diluted EPS (TTM)

5.97

Peers (Alternatives to Intercontinental Exchange)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
62.7B
5.0B
-0.93% -19.88%
21.43
12.95
6.85% 9.98%
54.0B
9.5B
8.69% -18.21%
16.01
5.7
8.61% 19.83%
30.6B
6.1B
6.41% -67.14%
26.88
5.18
3.86% -0.69%
24.5B
6.9B
11.50% -38.67%
12.06
3.54
-6.95% -34.97%
13.3B
3.8B
-0.62% -2.08%
62.94
3.65
10.01% -46.45%
MID-CAP
7.9B
1.1B
-2.01% 5.92%
6.24
8.12
-28.35% -28.41%
7.2B
2.0B
14.87% 2.70%
14.24
3.56
9.45% -3.53%
6.7B
4.7B
2.72% -12.97%
8.5
1.42
2.68% -0.67%
2.4B
2.6B
-2.08% -22.87%
6.37
0.93
-11.69% -29.99%
SMALL-CAP
1.9B
61.5B
2.20% 47.09%
12
0.03
36.75% -13.04%
1.5B
1.8B
-1.51% -13.93%
14.13
0.8
-10.47% 171.91%
1.1B
1.6B
-0.08% 6.52%
8.34
0.66
-23.97% -60.19%
918.0M
19.9M
-3.19% 0.62%
-26.12
14.13
-72.02% -152.67%
791.6M
307.2M
9.41% -21.41%
53.61
2.53
4.57% 259.02%
360.0M
1.2B
24.44% -17.63%
4.94
0.31
-19.93% -59.07%

Financials for Intercontinental Exchange

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Revenue3.0%9,4779,1989,1689,0738,726
Operating Expenses1.0%3,7363,6993,6973,6283,488
  S&GA Expenses-1.4%216219215216207
Earnings Before Taxes-20.9%4,5045,6975,6984,2634,022
Net Income-17.1%3,3724,0694,0583,0572,814
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Assets3.2%215,207208,488193,502150,662134,190
  Current Assets4.1%176,375169,378154,300112,72096,066
    Cash Equivalents30.1%830638607618602
  Goodwill-0.2%21,10621,14121,12321,30921,315
Liabilities3.5%192,346185,785170,754128,983112,985
  Current Liabilities0.6%169,422168,479153,411112,03294,250
.    Short Term Borrowings-99.8%41,7771,5211,831318
  Long Term Debt-13,918----
    LT Debt, Current-99.8%41,7771,5211,831318
    LT Debt, Non Current46.0%18,10912,40112,39712,39414,135
Shareholder's Equity0.6%22,81422,66722,70921,55921,080
  Retained Earnings2.3%15,13514,79314,35013,00912,563
  Additional Paid-In Capital0.3%14,20114,15314,06914,01913,952
Shares Outstanding-0.2%558559561562563
Minority Interest30.6%4736393336
Float-66,222----
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Cashflow From Operations3.1%3,2413,1453,1233,1963,110
  Share Based Compensation0.5%191190188146139
Cashflow From Investing413.5%1,091-348.00-786.00744-8,472.00
Cashflow From Financing-0.4%76,00276,28762,026-3,893.0012,895
  Dividend Payments3.4%800774747730713
  Buy Backs21.7%8827252500148
* denotes actual numbers (not divided by Millions)

Risks

What is the probability of a big loss on ICE?

30.8%


Probability that Intercontinental Exchange stock will be more than 20% underwater in next one year

9.2%


Probability that Intercontinental Exchange stock will be more than 30% underwater in next one year.

0%


Probability that Intercontinental Exchange stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does ICE drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Intercontinental Exchange was unfortunately bought at previous high price.

Returns

Cumulative Returns on ICE

16.1%


10-Year Cumulative Returns

11.9%


7-Year Cumulative Returns

9.8%


5-Year Cumulative Returns

4.9%


3-Year Cumulative Returns

What are the long-term rolling returns for ICE?

FIve years rolling returns for Intercontinental Exchange.

Which funds bought or sold ICE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Eagle Bay Advisors LLC
REDUCED
-15.45
-2,344
8,000
-%
2022-11-23
Aurora Investment Counsel
SOLD OFF
-100
-259,000
-
-%
2022-11-23
Toroso Investments, LLC
ADDED
67.85
998,000
2,626,000
0.11%
2022-11-23
Gould Capital, LLC
UNCHANGED
-
-31,000
771,000
0.67%
2022-11-22
Seaport Global Advisors, LLC
ADDED
40.38
40,000
155,000
0.63%
2022-11-22
Dash Acquisitions Inc.
ADDED
6.24
86,000
4,218,000
2.36%
2022-11-22
CVA Family Office, LLC
ADDED
44.05
23,000
84,000
0.02%
2022-11-22
B. Riley Wealth Advisors, Inc.
ADDED
13.1
30,000
388,000
0.01%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
4,799,000
4,799,000
0.06%
2022-11-22
IHT Wealth Management, LLC
NEW
-
203,000
203,000
0.01%

1–10 of 46

Latest Funds Activity

Are funds buying ICE calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own ICE

Intercontinental Exchange News

Cryptonews

Exclusive Interview With Bakkt CEO Gavin Michael – Everything in Crypto Goes Back to Trust, We Are In A Strong Position.2 minutes ago

ICE Fair Value

Recent SEC filings of Intercontinental Exchange

View All Filings
Date Filed Form Type Document
Nov 28, 2022
4
Insider Trading
Nov 15, 2022
4
Insider Trading
Nov 03, 2022
10-Q
Quarterly Report
Nov 03, 2022
425
Prospectus Filed
Nov 03, 2022
8-K
Current Report
Oct 28, 2022
8-K
Current Report
Sep 22, 2022
3
Insider Trading
Sep 22, 2022
4
Insider Trading
Aug 30, 2022
4
Insider Trading
Aug 25, 2022
4
Insider Trading

Latest Insider Trading transactions for ICE

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-23
Foley Douglas
SOLD
-169,568
105.98
-1,600
SVP, HR & Administration
2022-11-14
Surdykowski Andrew J
ACQUIRED
41,590
41.59
1,000
General Counsel
2022-11-14
Surdykowski Andrew J
SOLD
-262,500
105
-2,500
General Counsel
2022-09-21
Sprecher Jeffrey C
SOLD
-8,296,340
94.9488
-87,377
Chief Executive Officer
2022-09-21
Sprecher Jeffrey C
SOLD
-949,552
94.9552
-10,000
Chief Executive Officer
2022-09-21
Sprecher Jeffrey C
ACQUIRED
2,734,410
41.9568
65,172
Chief Executive Officer
2022-08-26
Surdykowski Andrew J
SOLD
-267,500
107
-2,500
General Counsel
2022-08-26
Surdykowski Andrew J
ACQUIRED
98,900
49.45
2,000
General Counsel
2022-08-23
Foley Douglas
SOLD
-172,368
107.73
-1,600
SVP, HR & Administration
2022-05-26
Sprecher Jeffrey C
ACQUIRED
2,734,790
41.7966
65,431
Chief Executive Officer

1–10 of 50

Jeffrey C. Sprecher
8860
Intercontinental Exchange, Inc., together with its subsidiaries, operates regulated exchanges, clearing houses, and listings venues for commodity, financial, fixed income, and equity markets in the United States, the United Kingdom, the European Union, Singapore, Israel, and Canada. It operates through three segments: Exchanges, Fixed Income and Data Services, and Mortgage Technology. The company operates marketplaces for listing, trading, and clearing an array of derivatives contracts and financial securities, such as commodities, interest rates, foreign exchange, and equities, as well as corporate and exchange-traded funds; trading venues, including 13 regulated exchanges and 6 clearing houses; and offers futures and options products for energy, agricultural and metals, financial, cash equities and equity, over-the-counter, and other markets, as well as listings and data and connectivity services. It also provides fixed income data and analytic, fixed income execution, CDS clearing, and other multi-asset class data and network services. In addition, the company offers proprietary and comprehensive mortgage origination platform, which serves residential mortgage loans; closing solutions that provides customers connectivity to the mortgage supply chain and facilitates the secure exchange of information; data and analytics services; and Data as a Service for lenders to access data and origination information. Intercontinental Exchange, Inc. was founded in 2000 and is headquartered in Atlanta, Georgia.

ICE Income Statement

2022-09-30
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:    
Total revenues$ 2,387$ 2,277$ 7,259$ 6,840
Transaction-based expenses:    
Section 31 fees15838332204
Cash liquidity payments, routing and clearing4184371,4031,330
Total revenues, less transaction-based expenses1,8111,8025,5245,306
Operating expenses:    
Compensation and benefits3443741,0581,093
Professional services3243101124
Acquisition-related transaction and integration costs19148142
Technology and communication169168513495
Rent and occupancy22206361
Selling, general and administrative5452166163
Depreciation and amortization258253768759
Total operating expenses8989242,7502,737
Operating income9138782,7742,569
Other income/(expense):    
Interest income330420
Interest expense(176)(108)(440)(321)
Other income/(expense), net(1,097)54(1,132)1,341
Other income/(expense), net(1,240)(54)(1,530)1,020
Income/(loss) before income tax expense/(benefit)(327)8241,2443,589
Income tax expense/(benefit)(152)1871861,049
Net income/(loss)(175)6371,0582,540
Net income attributable to non-controlling interest(16)(4)(37)(9)
Net income/(loss) attributable to Intercontinental Exchange, Inc.$ (191)$ 633$ 1,021$ 2,531
Earnings/(loss) per share attributable to Intercontinental Exchange, Inc. common stockholders:    
Basic (in dollars per share)$ (0.34)$ 1.12$ 1.83$ 4.50
Diluted (in dollars per share)$ (0.34)$ 1.12$ 1.82$ 4.48
Weighted average common shares outstanding:    
Basic (in shares)558563559563
Diluted (in shares)560566561565
Exchanges    
Revenues:    
Total revenues$ 1,577$ 1,434$ 4,824$ 4,376
Fixed income and data services    
Revenues:    
Total revenues5344771,5551,403
Mortgage technology    
Revenues:    
Total revenues$ 276$ 366$ 880$ 1,061

ICE Balance Sheet

2022-09-30
Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 1,183$ 607
Short-term restricted cash and cash equivalents6,0321,035
Cash and cash equivalent margin deposits and guaranty funds156,789145,936
Invested deposits, delivery contracts receivable and unsettled variation margin7,9024,493
Customer accounts receivable, net of allowance for doubtful accounts of $25 and $24 at September 30, 2022 and December 31, 2021, respectively1,2481,208
Prepaid expenses and other current assets5581,021
Total current assets173,712154,300
Property and equipment, net1,7201,699
Other non-current assets:  
Goodwill21,07521,123
Other intangible assets, net13,21013,736
Long-term restricted cash and cash equivalents405398
Other non-current assets1,1702,246
Total other non-current assets35,86037,503
Total assets211,292193,502
Current liabilities:  
Accounts payable and accrued liabilities788703
Section 31 fees payable5857
Accrued salaries and benefits274354
Deferred revenue315194
Short-term debt71,521
Margin deposits and guaranty funds156,789145,936
Invested deposits, delivery contracts payable and unsettled variation margin7,9024,493
Other current liabilities188153
Total current liabilities166,321153,411
Non-current liabilities:  
Non-current deferred tax liability, net3,5654,100
Long-term debt18,11312,397
Accrued employee benefits189200
Non-current operating lease liability267252
Other non-current liabilities417394
Total non-current liabilities22,55117,343
Total liabilities188,872170,754
Commitments and contingencies
Intercontinental Exchange, Inc. stockholders’ equity:  
Preferred stock, $0.01 par value; 100 shares authorized; none issued or outstanding00
Common stock, $0.01 par value; 1,500 shares authorized; 634 and 631 issued at September 30, 2022 and December 31, 2021, respectively, and 559 and 561 shares outstanding at September 30, 2022 and December 31, 2021, respectively66
Treasury stock, at cost; 75 and 70 shares at September 30, 2022 and December 31, 2021, respectively(6,224)(5,520)
Additional paid-in capital14,26914,069
Retained earnings14,73114,350
Accumulated other comprehensive loss(403)(196)
Total Intercontinental Exchange, Inc. stockholders’ equity22,37922,709
Non-controlling interest in consolidated subsidiaries4139
Total equity22,42022,748
Total liabilities and equity$ 211,292$ 193,502