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U.S. Capital Markets Industry Analysis

UpdatedAug 18, 2025
DataAggregated Company Financials
Companies336
  • 7D-0.2%
  • 3M12.4%
  • 1Y35.0%
  • YTD15.3%

In the last week, the Capital Markets industry is flat overall, with CME Group standing out by going down 4.1%. As for the the longer term, the industry is up 35% over the past 12 months. Earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 18 Aug 2025US$2.7tUS$866.1bUS$100.8b26.1x27.3x3.2x
Wed, 16 Jul 2025US$2.7tUS$590.5bUS$97.0b27.7x27.7x4.6x
Fri, 13 Jun 2025US$2.4tUS$590.8bUS$97.3b27.3x25x4.1x
Sun, 11 May 2025US$2.3tUS$577.2bUS$95.8b26.3x24x4x
Tue, 08 Apr 2025US$1.9tUS$557.2bUS$95.4b22.5x20.4x3.5x
Thu, 06 Mar 2025US$2.3tUS$554.8bUS$95.3b21.9x24.2x4.1x
Sat, 01 Feb 2025US$2.6tUS$541.7bUS$91.3b23x28.1x4.7x
Mon, 30 Dec 2024US$2.4tUS$526.2bUS$81.6b23.8x29.2x4.5x
Wed, 27 Nov 2024US$2.3tUS$524.4bUS$81.7b23x27.9x4.4x
Fri, 25 Oct 2024US$2.3tUS$502.2bUS$81.8b22.6x27.6x4.5x
Sun, 22 Sep 2024US$2.1tUS$491.5bUS$77.8b21.1x27.3x4.3x
Tue, 20 Aug 2024US$2.0tUS$492.2bUS$78.0b20.1x25.9x4.1x
Thu, 18 Jul 2024US$2.0tUS$472.3bUS$76.1b20.5x26.7x4.3x
Sat, 15 Jun 2024US$1.9tUS$467.0bUS$73.1b20.8x25.9x4.1x
Mon, 13 May 2024US$1.9tUS$465.9bUS$73.2b22.6x26.3x4.1x
Wed, 10 Apr 2024US$1.9tUS$441.1bUS$67.3b21.3x28.5x4.3x
Fri, 08 Mar 2024US$1.8tUS$440.4bUS$67.3b19.3x27.4x4.2x
Sun, 04 Feb 2024US$1.8tUS$433.8bUS$67.7b27.6x27.3x4.3x
Tue, 02 Jan 2024US$1.9tUS$432.8bUS$70.6b27.8x26.5x4.3x
Thu, 30 Nov 2023US$1.7tUS$432.8bUS$70.6b26.9x23.5x3.8x
Sat, 28 Oct 2023US$1.5tUS$428.5bUS$67.4b27.1x21.7x3.4x
Mon, 25 Sep 2023US$1.6tUS$427.0bUS$68.1b27.9x23.6x3.8x
Wed, 23 Aug 2023US$1.6tUS$426.3bUS$68.1b28.5x23.3x3.7x
Fri, 21 Jul 2023US$1.7tUS$422.6bUS$62.9b31.1x27x4x
Sun, 18 Jun 2023US$1.6tUS$419.5bUS$64.5b31.1x24.4x3.8x
Tue, 16 May 2023US$1.5tUS$421.0bUS$64.8b28.2x23.1x3.6x
Thu, 13 Apr 2023US$1.6tUS$423.7bUS$68.0b30.1x22.8x3.7x
Sat, 11 Mar 2023US$1.6tUS$424.0bUS$69.3b28.2x22.4x3.7x
Mon, 06 Feb 2023US$1.8tUS$432.2bUS$72.5b28.2x24.5x4.1x
Wed, 04 Jan 2023US$1.6tUS$443.5bUS$85.8b27.5x18.7x3.6x
Fri, 02 Dec 2022US$1.7tUS$443.5bUS$85.8b27.3x20x3.9x
Sun, 30 Oct 2022US$1.6tUS$446.3bUS$89.1b25.2x18.3x3.6x
Tue, 27 Sep 2022US$1.5tUS$454.7bUS$96.5b24.8x15.5x3.3x
Thu, 25 Aug 2022US$1.7tUS$454.8bUS$96.5b25.2x17.5x3.7x
Price to Earnings Ratio

17.5x


Total Market Cap: US$1.7tTotal Earnings: US$96.5bTotal Revenue: US$454.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Capital Markets Industry Price to Earnings3Y Average 24.4x202320242025
Current Industry PE
  • Investors are optimistic on the American Capital Markets industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 27.3x which is higher than its 3-year average PE of 24.4x.
  • The 3-year average PS ratio of 4.0x is higher than the industry's current PS ratio of 3.2x.
Past Earnings Growth
  • The earnings for companies in the Capital Markets industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 24% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

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

US Market1.29%
Financials1.39%
Capital Markets-0.24%
Asset Management0.36%
Investment Banking and Brokerage-0.083%
Diversified Capital Markets-0.82%
Financial Exchanges and Data-1.34%
Industry PE
  • Investors are most optimistic about the Financial Exchanges and Data industry, which is trading close to its 3-year average PE ratio of 39.7x.
    • Analysts are expecting annual earnings growth of 7.5%, which is lower than the prior year's growth of 14.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Capital Markets industry, expecting annual earnings growth of 26% over the next 5 years.
  • This is better than its past earnings decline of 49% per year.
  • In contrast, the Financial Exchanges and Data industry is expected to see its earnings grow by 7.5% 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
GS Goldman Sachs GroupUS$730.961.6%
+US$3.4b		44.8%PE14.4x
FUTU Futu HoldingsUS$172.928.4%
+US$1.9b		176.6%PE28.7x
MS Morgan StanleyUS$144.780.6%
+US$1.4b		42.3%PE16.3x
BLK BlackRockUS$1.14k0.7%
+US$1.3b		30.6%PE27.5x
HOOD Robinhood MarketsUS$115.021.2%
+US$1.2b		467.2%PE57.2x

Latest News

BX
US$171.62
Blackstone
7D
0.9%
1Y
27.5%
KKR
US$142.28
KKR
7D
0.5%
1Y
18.4%
BLK
US$1,135.01
BlackRock
7D
0.6%
1Y
30.4%
ICE
US$181.20
Intercontinental Exchange
7D
-2.5%
1Y
15.2%
BK
US$101.00
Bank of New York Mellon
7D
-2.2%
1Y
53.6%
IBKR
US$63.31
Interactive Brokers Group
7D
-4.3%
1Y
107.7%
SCHW
US$96.11
Charles Schwab
7D
-1.6%
1Y
46.6%
CME
US$273.92
CME Group
7D
-4.1%
1Y
31.1%
MS
US$144.63
Morgan Stanley
7D
0.5%
1Y
42.1%
MCO
US$516.46
Moody's
7D
0.9%
1Y
9.9%
MSCI
US$557.02
MSCI
7D
1.4%
1Y
-0.6%
FUTU
US$174.25
Futu Holdings
7D
9.2%
1Y
178.7%
GS
US$730.72
Goldman Sachs Group
7D
1.6%
1Y
44.8%

Goldman Sachs Group (NYSE:GS) Will Pay A Larger Dividend Than Last Year At $4.00

Aug 05
Goldman Sachs Group (NYSE:GS) Will Pay A Larger Dividend Than Last Year At $4.00
LPLA
US$350.98
LPL Financial Holdings
7D
-5.3%
1Y
58.5%
TW
US$130.20
Tradeweb Markets
7D
-3.4%
1Y
11.9%
NDAQ
US$94.68
Nasdaq
7D
-2.3%
1Y
35.3%