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U.S. Financial Exchanges and Data Industry Analysis

UpdatedAug 09, 2026
DataAggregated Company Financials
Companies36
  • 7D-0.4%
  • 3M-5.3%
  • 1Y-19.4%
  • YTDn/a

Last week, the Financial Exchanges and Data industry hasn't moved much but Coinbase Global is up 5.0% in that time. As for the longer term, the industry has declined 19% in the last year. Earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

Has the U.S. Financial Exchanges and Data Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 09 Aug 2026US$565.1bUS$74.7bUS$18.3b22.2x30.9x7.6x
Tue, 07 Jul 2026US$550.0bUS$73.3bUS$19.3b20.5x28.5x7.5x
Thu, 04 Jun 2026US$556.4bUS$73.3bUS$19.4b22.9x28.6x7.6x
Sat, 02 May 2026US$596.4bUS$74.6bUS$20.0b24.3x29.9x8x
Mon, 30 Mar 2026US$567.3bUS$72.8bUS$19.0b25.9x29.9x7.8x
Wed, 25 Feb 2026US$577.8bUS$77.4bUS$19.1b26.2x30.3x7.5x
Fri, 23 Jan 2026US$664.5bUS$76.4bUS$20.2b23.4x32.9x8.7x
Sun, 21 Dec 2025US$646.3bUS$76.5bUS$20.2b24.8x32x8.5x
Tue, 18 Nov 2025US$644.6bUS$76.4bUS$20.1b24.9x32.1x8.4x
Thu, 16 Oct 2025US$655.9bUS$74.3bUS$19.6b26x33.4x8.8x
Sat, 13 Sep 2025US$695.2bUS$324.3bUS$19.3b26.8x36x2.1x
Mon, 11 Aug 2025US$701.4bUS$72.9bUS$19.7b27.2x35.7x9.6x
Wed, 09 Jul 2025US$703.9bUS$71.5bUS$17.5b30.9x40.3x9.8x
Fri, 06 Jun 2025US$659.6bUS$71.5bUS$17.5b30.7x37.8x9.2x
Sun, 04 May 2025US$635.2bUS$70.7bUS$18.6b30.4x34.1x9x
Tue, 01 Apr 2025US$619.8bUS$69.3bUS$18.3b30.4x33.9x8.9x
Thu, 27 Feb 2025US$639.8bUS$67.7bUS$18.2b27.3x35.1x9.4x
Sat, 25 Jan 2025US$640.7bUS$64.4bUS$16.4b33x39.1x9.9x
Mon, 23 Dec 2024US$622.5bUS$64.4bUS$16.4b34.1x38x9.7x
Wed, 20 Nov 2024US$641.5bUS$62.4bUS$16.4b35.1x39.1x10.3x
Fri, 18 Oct 2024US$628.1bUS$59.6bUS$15.5b33.8x40.5x10.5x
Sun, 15 Sep 2024US$597.0bUS$59.6bUS$15.5b30.8x38.5x10x
Tue, 13 Aug 2024US$579.0bUS$59.3bUS$15.5b32.1x37.4x9.8x
Thu, 11 Jul 2024US$547.5bUS$56.7bUS$14.8b30.8x37.1x9.7x
Sat, 08 Jun 2024US$541.7bUS$56.7bUS$14.8b30.5x36.7x9.6x
Mon, 06 May 2024US$527.7bUS$55.9bUS$14.8b29.9x35.8x9.4x
Wed, 03 Apr 2024US$544.7bUS$53.6bUS$13.0b33.4x42x10.2x
Fri, 01 Mar 2024US$533.7bUS$53.4bUS$12.9b32.4x41.3x10x
Sun, 28 Jan 2024US$513.1bUS$51.9bUS$11.6b30.7x44.2x9.9x
Tue, 26 Dec 2023US$520.1bUS$51.9bUS$11.6b29.8x44.8x10x
Thu, 23 Nov 2023US$476.0bUS$51.9bUS$11.6b28.6x41x9.2x
Sat, 21 Oct 2023US$423.8bUS$50.8bUS$9.5b33.1x44.8x8.3x
Mon, 18 Sep 2023US$445.8bUS$51.4bUS$9.4b30.1x47.5x8.7x
Wed, 16 Aug 2023US$440.0bUS$51.4bUS$9.4b31.8x46.9x8.6x
Price to Earnings Ratio

46.9x


Total Market Cap: US$440.0bTotal Earnings: US$9.4bTotal Revenue: US$51.4bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Financial Exchanges and Data Industry Price to Earnings3Y Average 37x202420252026
Current Industry PE
  • Investors are pessimistic on the American Financial Exchanges and Data industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 30.6x which is lower than its 3-year average PE of 37.0x.
  • The 3-year average PS ratio of 8.7x is higher than the industry's current PS ratio of 7.5x.
Past Earnings Growth
  • The earnings for companies in the Financial Exchanges and Data industry have grown 25% per year over the last three years.
  • Revenues for these companies have grown 13% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does U.S. Financial Exchanges and Data compare with similar industries?

US Market4.18%
Financials1.27%
Capital Markets2.26%
Financial Exchanges and Data-0.43%
Asset Management3.94%
Investment Banking and Brokerage2.16%
Diversified Capital Markets-15.02%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
COIN Coinbase GlobalUS$153.605.0%
+US$1.9b		-50.5%PS6.7x
FDS FactSet Research SystemsUS$285.578.5%
+US$795.6m		-25.3%PE17.9x
TW Tradeweb MarketsUS$102.622.1%
+US$447.3m		-24.2%PE24.1x
MORN MorningstarUS$200.664.2%
+US$303.5m		-22.5%PE17.9x
BLSH BullishUS$23.628.4%
+US$277.5m		n/aPS13.4x

Latest News

ICE
US$150.30
Intercontinental Exchange
7D
-1.4%
1Y
-19.4%
BLSH
US$23.62
Bullish
7D
8.4%
1Y
n/a
CME
US$263.66
CME Group
7D
-1.5%
1Y
-6.6%
MSCI
US$563.17
MSCI
7D
-1.6%
1Y
3.0%
COIN
US$153.60
Coinbase Global
7D
5.0%
1Y
-50.5%
CNCK
US$2.14
Coincheck Group
7D
18.9%
1Y
-50.7%
MIAX
US$44.23
Miami International Holdings
7D
-6.0%
1Y
n/a
CBOE
US$286.58
Cboe Global Markets
7D
-7.6%
1Y
13.5%
TW
US$102.62
Tradeweb Markets
7D
2.1%
1Y
-24.2%
FDS
US$285.57
FactSet Research Systems
7D
8.5%
1Y
-25.3%
Narrative Update • Aug 06

FDS: AI Usage And Subscriptions Will Offset Margin And Pricing Power Risks

FactSet Research Systems' analyst price target has been adjusted higher to $255.06 from $247.50, as analysts factor in slightly stronger usage driven revenue assumptions, stable profitability, and a modestly lower future P/E multiple, following recent research that highlights early AI related demand benefits alongside ongoing margin and terminal value debates. Analyst Commentary Recent research on FactSet Research Systems shows a wide range of views, with most analysts adjusting price targets while debating how much of the AI story, margin profile, and long term terminal value is already reflected in the stock.
SPGI
US$408.19
S&P Global
7D
-0.9%
1Y
-26.7%
NDAQ
US$94.59
Nasdaq
7D
0.4%
1Y
-2.3%
MCO
US$477.75
Moody's
7D
-0.1%
1Y
-7.3%
Narrative Update • Aug 04

MCO: Issuance Strength And Expanding AI Workflows Should Support Durable Earnings Power

The analyst fair value estimate for Moody's has been adjusted higher by about $11 to $560.48, as analysts factor in recent Street target hikes following strong Q2 results, slightly firmer profit margin assumptions, and a modestly lower discount rate despite more measured revenue growth and future P/E expectations. Analyst Commentary Recent Street research on Moody's has become more constructive, with several firms lifting price targets after Q2 results and ahead of future issuance trends.
VALU
US$38.47
Value Line
7D
12.5%
1Y
2.0%
MORN
US$200.66
Morningstar
7D
4.2%
1Y
-22.5%