Intercontinental Exchange Inc
For the period ended Dec 31, 2023. Filed Feb 8, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 8, 2024
ICE$176.36+1.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Income
(In millions, except per share amounts)
| Year Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Revenues: | |||
| Exchanges | $6,355 | $6,415 | $5,878 |
| Fixed income and data services | 2,231 | 2,092 | 1,883 |
| Mortgage technology | 1,317 | 1,129 | 1,407 |
| Total revenues | 9,903 | 9,636 | 9,168 |
| Transaction-based expenses: | |||
| Section 31 fees | 293 | 499 | 248 |
| Cash liquidity payments, routing and clearing | 1,622 | 1,845 | 1,774 |
| Total revenues, less transaction-based expenses | 7,988 | 7,292 | 7,146 |
| Operating expenses: | |||
| Compensation and benefits | 1,595 | 1,407 | 1,462 |
| Professional services | 123 | 131 | 159 |
| Acquisition-related transaction and integration costs | 269 | 93 | 102 |
| Technology and communication | 734 | 683 | 666 |
| Rent and occupancy | 92 | 83 | 84 |
| Selling, general and administrative | 266 | 226 | 215 |
| Depreciation and amortization | 1,215 | 1,031 | 1,009 |
| Total operating expenses | 4,294 | 3,654 | 3,697 |
| Operating income | 3,694 | 3,638 | 3,449 |
| Other income/(expense): | |||
| Interest income | 319 | 108 | 1 |
| Interest expense | (808) | (616) | (423) |
| Other income/(expense), net | (311) | (1,322) | 2,671 |
| Total other income/(expense), net | (800) | (1,830) | 2,249 |
| Income before income tax expense | 2,894 | 1,808 | 5,698 |
| Income tax expense | 456 | 310 | 1,629 |
| Net income | $2,438 | $1,498 | $4,069 |
| Net income attributable to non-controlling interest | (70) | (52) | (11) |
| Net income attributable to Intercontinental Exchange, Inc. | $2,368 | $1,446 | $4,058 |
| Earnings per share attributable to Intercontinental Exchange, Inc. common stockholders: | |||
| Basic | $4.20 | $2.59 | $7.22 |
| Diluted | $4.19 | $2.58 | $7.18 |
| Weighted average common shares outstanding: | |||
| Basic | 564 | 559 | 562 |
| Diluted | 565 | 561 | 565 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.