Intercontinental Exchange (ICE) FY2022 results: revenue $9.6 billion, up 5.1% on the year
Intercontinental Exchange, Inc. (ICE) reported revenue of $9.6 billion for fiscal 2022, the year ended 31 December 2022, up 5.1% on the year before. Net income was $1.4 billion, down 64.4%, and diluted earnings per share $2.58. The figures are the company's own, from the 10-K it filed with the SEC on 2 February 2023.
Revenue
$9.6 billion
+5.1% on the year
FY2015FY2022
Operating margin
37.8%
37.6% a year earlier
FY2015FY2022
Net income
$1.4 billion
-64.4% on the year
FY2015FY2022
Diluted EPS
$2.58
-64.1% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
3,554
3,123
2,881
+13.8%
Capital expenditure
225
179
207
+25.7%
Free cash flow
3,329
2,944
2,674
+13.1%
Free cash flow margin
34.5%
32.1%
32.4%
Cash from investing
677
-786
-10,361
Cash from financing
-1,841
62,026
26,000
Depreciation and amortisation
1,031
1,009
751
+2.2%
Share-based compensation
155
188
139
-17.6%
Buybacks
632
250
1,247
+152.8%
Dividends paid
853
747
669
+14.2%
Dividend per share
$1.52
$1.32
$1.20
+15.2%
Diluted shares, weighted
561m
565m
555m
-0.7%
Shares outstanding at period end
559m
561m
561m
-0.4%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
22,706
22,709
19,498
-0.0%
Non-controlling interest
55.0
39.0
36.0
+41.0%
Redeemable equity
0.0
0.0
93.0
Debt
18,122
13,918
16,537
+30.2%
Operating lease liabilities
254
252
320
+0.8%
Other liabilities
153,201
156,584
89,716
-2.2%
Total liabilities and equity
194,338
193,502
126,200
+0.4%
Goodwill
21,111
21,123
21,291
-0.1%
Intangible assets
13,090
13,736
14,408
-4.7%
Cash and equivalents
1,799
607
583
+196.4%
Receivables
1,169
1,208
1,230
-3.2%
Other assets
157,169
156,828
88,688
+0.2%
Total assets
194,338
193,502
126,200
+0.4%
10-K for the year ended 31 December 2022, filed 2 February 2023: the filing.