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U.S. Capital Markets Industry Analysis

UpdatedMar 20, 2025
DataAggregated Company Financials
Companies309
  • 7D4.9%
  • 3M-3.0%
  • 1Y19.8%
  • YTD-4.3%

In the last week, the Capital Markets industry is up 4.9%, with Blackstone leading the way with a 9.7% gain. This means that the industry has gained 20% over the past year. Earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

Has the U.S. Capital Markets Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 20 Mar 2025US$2.2tUS$557.6bUS$94.9b23.3x23.7x4x
Sat, 15 Feb 2025US$2.5tUS$554.6bUS$95.0b22.1x26.4x4.5x
Mon, 13 Jan 2025US$2.3tUS$512.8bUS$79.0b23x29.1x4.5x
Wed, 11 Dec 2024US$2.5tUS$524.3bUS$81.7b24.1x30.2x4.7x
Fri, 08 Nov 2024US$2.4tUS$507.8bUS$81.1b24.4x29.5x4.7x
Sun, 06 Oct 2024US$2.2tUS$493.1bUS$78.4b20.9x27.4x4.4x
Tue, 03 Sep 2024US$2.1tUS$492.2bUS$77.9b20.6x26.6x4.2x
Thu, 01 Aug 2024US$2.0tUS$477.2bUS$77.6b21.5x26.3x4.3x
Sat, 29 Jun 2024US$1.9tUS$467.7bUS$73.3b21.2x26x4.1x
Mon, 27 May 2024US$1.9tUS$467.2bUS$73.2b22.4x26.5x4.1x
Wed, 24 Apr 2024US$1.9tUS$446.9bUS$70.0b19.5x26.9x4.2x
Fri, 22 Mar 2024US$1.9tUS$440.6bUS$67.2b19.4x28x4.3x
Sun, 18 Feb 2024US$1.8tUS$439.7bUS$67.0b19.3x26.9x4.1x
Tue, 16 Jan 2024US$1.8tUS$433.3bUS$70.4b27.1x25.7x4.2x
Thu, 14 Dec 2023US$1.7tUS$432.8bUS$70.6b27.1x24.7x4x
Sat, 11 Nov 2023US$1.6tUS$432.1bUS$70.3b27.1x22.4x3.6x
Mon, 09 Oct 2023US$1.6tUS$425.5bUS$68.0b28x23.2x3.7x
Wed, 06 Sep 2023US$1.6tUS$426.3bUS$68.1b28.2x24x3.8x
Fri, 04 Aug 2023US$1.7tUS$420.1bUS$63.1b31.1x26.2x3.9x
Sun, 02 Jul 2023US$1.6tUS$419.2bUS$64.3b31.3x24.4x3.7x
Tue, 30 May 2023US$1.5tUS$419.4bUS$64.5b31x23.3x3.6x
Thu, 27 Apr 2023US$1.5tUS$419.8bUS$65.1b27.8x23.4x3.6x
Sat, 25 Mar 2023US$1.5tUS$423.9bUS$69.2b28.7x22x3.6x
Mon, 20 Feb 2023US$1.8tUS$437.9bUS$68.5b27.7x26x4.1x
Wed, 18 Jan 2023US$1.7tUS$438.4bUS$81.0b27.4x21.3x3.9x
Fri, 16 Dec 2022US$1.6tUS$443.4bUS$85.8b27.1x18.8x3.6x
Sun, 13 Nov 2022US$1.7tUS$439.3bUS$86.1b26.7x20.3x4x
Tue, 11 Oct 2022US$1.5tUS$454.4bUS$96.3b25.1x15.6x3.3x
Thu, 08 Sep 2022US$1.6tUS$454.7bUS$96.5b25.4x16.7x3.6x
Sat, 06 Aug 2022US$1.7tUS$465.8bUS$102.1b30.4x16.7x3.7x
Mon, 04 Jul 2022US$1.6tUS$471.2bUS$111.7b29.4x13.9x3.3x
Wed, 01 Jun 2022US$1.7tUS$472.5bUS$112.2b28.7x15.3x3.6x
Fri, 29 Apr 2022US$1.7tUS$473.6bUS$114.7b38.7x15.1x3.7x
Sun, 27 Mar 2022US$2.1tUS$542.9bUS$114.1b24.3x18.1x3.8x
Price to Earnings Ratio

18.1x


Total Market Cap: US$2.1tTotal Earnings: US$114.1bTotal Revenue: US$542.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Capital Markets Industry Price to Earnings3Y Average 23.1x202320242025
Current Industry PE
  • Investors are relatively neutral on the American Capital Markets industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 23.1x.
  • The industry is trading close to its 3-year average PS ratio of 3.9x.
Past Earnings Growth
  • The earnings for companies in the Capital Markets industry have declined 6.0% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the U.S. Financials industry?

US Market2.09%
Financials4.02%
Capital Markets4.91%
Asset Management5.65%
Investment Banking and Brokerage5.39%
Diversified Capital Markets4.52%
Financial Exchanges and Data3.33%
Industry PE
  • Investors are most optimistic about the Financial Exchanges and Data industry even though it's trading below its 3-year average PE ratio of 38.0x.
    • Analysts are expecting annual earnings growth of 8.5%, which is lower than the prior year's growth of 12.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Capital Markets industry, expecting annual earnings growth of 37% over the next 5 years.
  • In contrast, the Financial Exchanges and Data industry is expected to see its earnings grow by 8.5% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
BX BlackstoneUS$149.729.7%
+US$10.1b
13.7%PE41.5x
MS Morgan StanleyUS$119.855.1%
+US$9.4b
31.2%PE15.1x
BLK BlackRockUS$957.236.3%
+US$8.8b
13.7%PE23.3x
SCHW Charles SchwabUS$78.736.1%
+US$8.2b
13.0%PE26.1x
GS Goldman Sachs GroupUS$557.344.0%
+US$6.4b
40.6%PE13.4x
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Latest News

BKKT

US$9.31

Bakkt Holdings

7D

-18.0%

1Y

-32.7%

BLK

US$957.23

BlackRock

7D

6.3%

1Y

13.7%

EARN

US$5.76

Ellington Credit

7D

-5.7%

1Y

-15.4%

BX

US$149.72

Blackstone

7D

9.7%

1Y

13.7%

LPRO

US$3.57

Open Lending

7D

-19.2%

1Y

-51.9%

GS

US$557.34

Goldman Sachs Group

7D

4.0%

1Y

40.6%

VALU

US$36.77

Value Line

7D

-12.4%

1Y

-5.7%

COIN

US$189.75

Coinbase Global

7D

-1.0%

1Y

-26.1%

MCO

US$460.31

Moody's

7D

4.1%

1Y

18.0%

SCHW

US$78.73

Charles Schwab

7D

6.1%

1Y

13.0%

DOMH

US$4.60

Dominari Holdings

7D

-17.6%

1Y

99.1%