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U.S. Capital Markets Industry Analysis

UpdatedJul 14, 2026
DataAggregated Company Financials
Companies440
  • 7D-0.4%
  • 3M5.7%
  • 1Y2.5%
  • YTD-0.4%

Over the last 7 days, the Capital Markets industry has remained flat, although notably CME Group gained 4.4%. In line with that, the industry has also been flat over the past 12 months. As for the next few years, earnings are expected to grow by 12% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 14 Jul 2026US$2.8tUS$756.9bUS$112.5b40.1x25.1x3.7x
Thu, 11 Jun 2026US$2.7tUS$759.0bUS$113.4b39.2x23.8x3.6x
Sat, 09 May 2026US$2.7tUS$757.7bUS$113.9b41.9x23.5x3.5x
Mon, 06 Apr 2026US$2.5tUS$736.3bUS$107.0b36.1x23.2x3.4x
Wed, 04 Mar 2026US$2.6tUS$734.4bUS$106.7b22.9x24.3x3.5x
Fri, 30 Jan 2026US$2.8tUS$666.2bUS$106.3b23.9x26.8x4.3x
Sun, 28 Dec 2025US$2.8tUS$656.4bUS$105.5b25.7x26.9x4.3x
Tue, 25 Nov 2025US$2.6tUS$654.6bUS$105.4b23.2x24.5x3.9x
Thu, 23 Oct 2025US$2.7tUS$645.7bUS$104.9b25.9x26x4.2x
Sat, 20 Sep 2025US$2.8tUS$874.9bUS$100.9b27.2x28x3.2x
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
Price to Earnings Ratio

27x


Total Market Cap: US$1.7tTotal Earnings: US$62.9bTotal Revenue: US$422.6bTotal 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 21% per year over the last three years.
  • Revenues for these companies have grown 21% 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 Market-0.93%
Financials-0.43%
Capital Markets-0.43%
Diversified Capital Markets4.62%
Financial Exchanges and Data0.52%
Asset Management0.099%
Investment Banking and Brokerage-1.20%
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 37.6x.
    • Analysts are expecting annual earnings growth of 10.7%, 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 Diversified Capital Markets industry, expecting annual earnings growth of 93% over the next 5 years.
  • In contrast, the Investment Banking and Brokerage industry is expected to see its earnings grow by 9.4% 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
CME CME GroupUS$245.104.4%
+US$3.7b		-11.5%PE20.9x
BLK BlackRockUS$1.03k2.0%
+US$3.2b		-7.2%PE25.6x
SCHW Charles SchwabUS$102.381.7%
+US$3.1b		10.4%PE19.7x
NDAQ NasdaqUS$89.215.6%
+US$2.7b		-0.5%PE26.4x
CBOE Cboe Global MarketsUS$277.137.1%
+US$1.9b		18.5%PE23.6x

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1Y
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BX
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1Y
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NDAQ
US$89.21
Nasdaq
7D
5.6%
1Y
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CBOE
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7D
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1Y
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IBKR
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Interactive Brokers Group
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1Y
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T. Rowe Price Group
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SCHW
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Charles Schwab
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1.7%
1Y
10.4%
LPLA
US$321.06
LPL Financial Holdings
7D
5.4%
1Y
-13.3%
CME
US$245.10
CME Group
7D
4.4%
1Y
-11.5%
Narrative Update • Jul 09

CME: Crypto Perpetual Futures Dispute Will Reshape Long Term Earnings Power

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1Y
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