NYSE$ICE

Intercontinental Exchange Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

ICE reported a record revenue year driven by growth across exchanges, fixed income, data services, and mortgage technology.

Intercontinental Exchange reported strong Q4 2020 results, marking the 15th consecutive year of record revenues. The company's performance was driven by growth in exchanges, fixed income and data services, and mortgage technology. ICE's strategic investments and the contributions of its employees were highlighted as key factors in its success.

  • Q4 consolidated net income attributable to ICE was $526 million.
  • Q4 GAAP diluted earnings per share (EPS) were $0.93.
  • Adjusted net income attributable to ICE was $639 million in Q4.
  • Adjusted diluted EPS were $1.13 in Q4.

Headline financials

Total Revenue

$1.67B

Previous: $1.3B+28.7%
EPS (adj)

$1.13

Previous: $0.95+18.9%
Operating Margin

47.0%

Previous: 48.0%-2.1%
Adjusted Operating Margin

57.0%

Previous: 56.0%+1.8%
Capital Expenditures

$93M

Previous: $66M+40.9%
Free Cash Flow

$973M

Previous: $711M+36.8%
Net Income

$526M

Previous: $448M+17.4%
Operating Income

$780M

Previous: $622M+25.4%
Gross Profit

$1.17B

Previous: $901M+30.0%
Cash & Equivalents

$583M

Previous: $841M-30.7%
Total Assets

$126B

Previous: $94.5B+33.6%
Stock-Based Comp

$34M

Previous: $39M-12.8%

Revenue & EPS history

ICE · Revenue · Quarterly

$1.67B

Q4 2020+28.7%vs Q4 2019
Beat estimate in 15 of 16 quarters(94%)
ActualEstimate

Revenue by segment

ICE · $1.22B total across 2 segments · Q4 2020

  • Exchanges
    $871M
  • Mortgage Technology
    $350M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2020

Historical avgQ4 2020

+0.1%

Avg return

Earnings day

+0.1%

Avg return

5 days after

+2.7%

Avg return

30 days after

49%

32 / 65 earnings

Positive

+6.4%

Q4 2014

Best reaction

-10.2%

Q4 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.8%-0.6%-5.4%
Q4 2025+2.1%-0.0%+0.8%
Q3 2025-1.4%-2.4%+4.4%
Q2 2025-0.5%+0.9%-4.9%
Q1 2025+1.7%+4.3%+7.0%
Q4 2024+4.3%+3.9%+5.9%
Q3 2024-7.1%-5.2%-3.3%
Q2 2024-1.1%-0.7%+6.6%
Q1 2024+1.4%+3.9%+4.1%
Q4 2023+5.8%+4.9%+8.3%
Q3 2023-0.3%-0.0%+5.5%
Q2 2023-0.9%-0.1%+1.7%
Q1 2023+3.3%+1.3%+3.0%
Q4 2022-1.2%+0.3%-6.0%
Q3 2022+4.3%+7.3%+17.9%
Q2 2022+1.9%+1.8%-1.7%
Q1 2022-9.1%-12.2%-8.1%
Q4 2021+0.6%-1.1%+5.2%
Q3 2021+4.1%+4.4%-2.5%
Q2 2021-1.2%-1.8%-2.4%
Q1 2021-1.1%-3.8%-5.2%
Q4 2020-1.0%-1.8%-0.3%
Q3 2020+0.7%+2.4%+12.0%
Q2 2020+2.6%+1.6%+11.9%
Q1 2020-2.2%+2.5%+7.2%
Q4 2019-0.3%+2.0%+1.2%
Q3 2019-0.3%-4.0%+1.1%
Q2 2019+2.9%+3.1%+6.4%
Q1 2019-1.2%-0.8%+1.9%
Q4 2018-1.6%-1.6%-6.3%
Q3 2018+3.8%+7.0%+11.8%
Q2 2018-1.2%+0.1%+3.5%
Q1 2018-2.9%-3.2%-0.4%
Q4 2017-7.3%-5.1%+4.8%
Q3 2017+0.0%-1.0%+8.8%
Q2 2017-3.3%-3.7%-2.9%
Q1 2017+0.4%-2.5%-0.5%
Q4 2016-2.5%-1.5%+2.6%
Q3 2016-1.9%-1.3%+4.2%
Q2 2016+5.5%+4.9%+8.1%
Q1 2016+5.4%
Q4 2015-10.2%
Q3 2015+2.4%
Q2 2015+2.8%
Q1 2015+0.3%
Q4 2014+6.4%
Q3 2014+3.6%
Q2 2014-0.4%
Q1 2014-6.7%
Q4 2011+0.0%
Q4 2013+2.5%
Q3 2013+3.1%
Q2 2013-0.4%
Q1 2013+5.3%
Q4 2012+3.8%
Q3 2012+2.8%
Q2 2012-1.9%
Q1 2012-1.4%
Q3 2011-3.7%
Q2 2011+2.3%
Q1 2011-4.2%
Q4 2010-0.3%
Q3 2010+1.2%
Q2 2010-1.1%
Q1 2010+2.1%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro