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Dec 31, 2019

ICE Q4 2019 Earnings Report

ICE reported consolidated net income attributable of $448 million and consolidated revenues less transaction-based expenses of $1.3 billion.

Key Takeaways

Intercontinental Exchange (ICE) reported financial results for the fourth quarter and full year of 2019. For the quarter ended December 31, 2019, consolidated net income attributable to ICE was $448 million on $1.3 billion of consolidated revenues less transaction-based expenses. Fourth quarter GAAP diluted earnings per share (EPS) were $0.80. Adjusted net income attributable to ICE was $534 million in the fourth quarter and adjusted diluted EPS were $0.95.

Net revenues of $5.2 billion for full year 2019, +4% y/y

GAAP diluted EPS of $3.42 for full year 2019

Adj. diluted EPS of $3.88, +8% y/y for full year 2019

Operating margin of 51%; adj. operating margin of 58% for full year 2019

Total Revenue
$1.3B
Previous year: $1.31B
-0.8%
EPS
$0.95
Previous year: $0.94
+1.1%
Operating margin
48%
Adjusted operating margin
56%
Adjusted net income
$534M
Gross Profit
$901M
Previous year: $934M
-3.5%
Cash and Equivalents
$841M
Previous year: $724M
+16.2%
Free Cash Flow
$711M
Previous year: $713M
-0.3%
Total Assets
$94.5B
Previous year: $92.8B
+1.8%

ICE

ICE

ICE Revenue by Segment

Forward Guidance

Focus on innovation and delivering efficiencies for customers should provide foundation for continued growth and stockholder value creation.

Revenue & Expenses

Visualization of income flow from segment revenue to net income