Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Capital Markets Industry Analysis

UpdatedJul 06, 2026
DataAggregated Company Financials
Companies434
  • 7D4.1%
  • 3M10.1%
  • 1Y1.6%
  • YTD-2.6%

The Capital Markets industry has gained 4.1% in the last week and Charles Schwab up 7.1%. Meanwhile, Galaxy Digital actually underperformed within the industry, shrinking 14% in the last week. Overall in the last year, the industry is flat. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 06 Jul 2026US$2.7tUS$756.9bUS$112.5b40.3x24.4x3.6x
Wed, 03 Jun 2026US$2.7tUS$759.1bUS$113.5b39.2x24.1x3.6x
Fri, 01 May 2026US$2.6tUS$747.0bUS$112.5b42.4x23.4x3.5x
Sun, 29 Mar 2026US$2.4tUS$736.6bUS$106.9b32.2x22.4x3.2x
Tue, 24 Feb 2026US$2.6tUS$734.9bUS$106.6b22.8x24.6x3.6x
Thu, 22 Jan 2026US$2.9tUS$663.7bUS$107.2b25.8x26.6x4.3x
Sat, 20 Dec 2025US$2.8tUS$656.4bUS$105.5b25.1x26.2x4.2x
Mon, 17 Nov 2025US$2.7tUS$654.2bUS$105.8b24.9x25.2x4.1x
Wed, 15 Oct 2025US$2.7tUS$879.0bUS$101.8b25.8x26.9x3.1x
Fri, 12 Sep 2025US$2.8tUS$865.8bUS$100.6b27.3x27.5x3.2x
Sun, 10 Aug 2025US$2.8tUS$640.0bUS$104.2b26.6x27.1x4.4x
Tue, 08 Jul 2025US$2.6tUS$590.6bUS$97.0b28.2x27.3x4.5x
Thu, 05 Jun 2025US$2.4tUS$590.4bUS$97.3b28.1x24.7x4.1x
Sat, 03 May 2025US$2.2tUS$566.0bUS$97.1b25.5x22.9x3.9x
Mon, 31 Mar 2025US$2.2tUS$559.0bUS$94.9b24.1x23.4x4x
Wed, 26 Feb 2025US$2.4tUS$554.9bUS$95.4b20.2x25.2x4.3x
Fri, 24 Jan 2025US$2.5tUS$536.7bUS$88.9b23x28.3x4.7x
Sun, 22 Dec 2024US$2.4tUS$526.2bUS$81.7b23.6x28.9x4.5x
Tue, 19 Nov 2024US$2.4tUS$509.8bUS$81.6b23.7x29.8x4.8x
Thu, 17 Oct 2024US$2.3tUS$497.6bUS$80.9b22.3x27.9x4.5x
Sat, 14 Sep 2024US$2.0tUS$491.4bUS$77.8b20.5x26.1x4.1x
Mon, 12 Aug 2024US$2.0tUS$491.5bUS$77.9b21x25.1x4x
Wed, 10 Jul 2024US$1.9tUS$467.8bUS$73.1b20.5x26.2x4.1x
Fri, 07 Jun 2024US$1.9tUS$467.1bUS$73.1b21.1x26.2x4.1x
Sun, 05 May 2024US$1.9tUS$460.1bUS$72.5b19.7x25.9x4.1x
Tue, 02 Apr 2024US$1.9tUS$441.2bUS$67.3b20.4x28.6x4.4x
Thu, 29 Feb 2024US$1.8tUS$440.2bUS$67.4b19.2x26.9x4.1x
Sat, 27 Jan 2024US$1.8tUS$433.2bUS$67.6b28.2x27.2x4.2x
Mon, 25 Dec 2023US$1.9tUS$432.9bUS$70.6b27.9x26.3x4.3x
Wed, 22 Nov 2023US$1.6tUS$432.7bUS$70.5b26.8x23.3x3.8x
Fri, 20 Oct 2023US$1.5tUS$425.4bUS$66.5b27.8x22.8x3.6x
Sun, 17 Sep 2023US$1.7tUS$427.0bUS$68.1b28.2x24.6x3.9x
Tue, 15 Aug 2023US$1.6tUS$426.3bUS$68.2b29.3x24.1x3.9x
Thu, 13 Jul 2023US$1.6tUS$421.0bUS$64.3b31x24.9x3.8x
Price to Earnings Ratio

24.9x


Total Market Cap: US$1.6tTotal Earnings: US$64.3bTotal Revenue: US$421.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Capital Markets Industry Price to Earnings3Y Average 25.8x202420252026
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 25.8x.
  • The industry is trading close to its 3-year average PS ratio of 4.0x.
Past Earnings Growth
  • The earnings for companies in the Capital Markets industry have grown 20% per year over the last three years.
  • Revenues for these companies have grown 22% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

US Market1.63%
Financials3.36%
Capital Markets4.12%
Financial Exchanges and Data7.83%
Asset Management3.58%
Investment Banking and Brokerage2.98%
Diversified Capital Markets-1.43%
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 37.7x.
    • Analysts are expecting annual earnings growth of 11.9%, which is lower than the prior year's growth of 18.5% per year.
  • Investors are most pessimistic about the Diversified Capital Markets industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Asset Management industry, expecting annual earnings growth of 18% over the next 5 years.
  • However this is lower than its past earnings growth rate of 57% per year.
  • In contrast, the Investment Banking and Brokerage industry is expected to see its earnings grow by 9.0% 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
SCHW Charles SchwabUS$97.007.1%
+US$11.2b		4.8%PE18.7x
HOOD Robinhood MarketsUS$112.7310.7%
+US$9.8b		20.6%PE53.5x
SPGI S&P GlobalUS$439.897.7%
+US$9.3b		-17.0%PE27.3x
BLK BlackRockUS$995.734.8%
+US$6.8b		-7.5%PE24.7x
MCO Moody'sUS$490.518.3%
+US$6.6b		-2.4%PE34.3x

Latest News

SPGI
US$439.89
S&P Global
7D
7.7%
1Y
-17.0%
BLK
US$995.73
BlackRock
7D
4.8%
1Y
-7.5%
HOOD
US$112.73
Robinhood Markets
7D
10.7%
1Y
20.6%
BX
US$122.78
Blackstone
7D
6.9%
1Y
-19.7%
ICE
US$132.99
Intercontinental Exchange
7D
8.2%
1Y
-27.4%
PS
US$32.42
Pershing Square
7D
-2.3%
1Y
n/a
FUTU
US$95.04
Futu Holdings
7D
-2.2%
1Y
-22.8%
CME
US$236.60
CME Group
7D
8.2%
1Y
-16.3%
INV
US$4.82
Innventure
7D
-7.8%
1Y
-0.6%
CD
US$4.29
Chaince Digital Holdings
7D
-10.6%
1Y
1.4%
XP
US$16.16
XP
7D
-0.9%
1Y
-17.0%
PIPR
US$71.09
Piper Sandler Companies
7D
-2.1%
1Y
-1.5%
GLXY
US$24.59
Galaxy Digital
7D
-13.8%
1Y
24.9%
Seeking Alpha • Jun 29

Galaxy Digital: 4 Catalysts That Could Propel The Stock Higher

Summary Galaxy Digital is mischaracterized as merely a crypto proxy, but recent innovations challenge this view. GLXY has launched institutional OTC prediction markets, targeting hedge funds and family offices with unique liquidity and discretion. I see significant growth prospects and an attractive valuation, supporting a bullish stance on GLXY. GLXY’s differentiated offerings position it ahead of retail-focused competitors like Polymarket and Kalshi. Read the full article on Seeking Alpha
SCHW
US$97.00
Charles Schwab
7D
7.1%
1Y
4.8%
MCO
US$490.51
Moody's
7D
8.3%
1Y
-2.4%
Narrative Update • Jun 22

MCO: Proprietary Ratings Data And AI Partnerships Will Support Durable Upside

The analyst price target for Moody's edges higher to $536.50 from $536.00, with analysts pointing to the resilience of the company's proprietary ratings and risk datasets in an AI driven information services market as the key support for the updated view. Analyst Commentary Recent commentary on Moody's centers on how its ratings and risk datasets might hold up as AI reshapes information services, with analysts splitting their focus between the durability of the business model and the price being paid for that resilience.