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U.S. Capital Markets Industry Analysis

UpdatedAug 12, 2025
DataAggregated Company Financials
Companies339
  • 7D0.1%
  • 3M13.8%
  • 1Y41.5%
  • YTD15.8%

The Capital Markets is pretty flat in the last 7 days, but Robinhood Markets has stood out, gaining 6.8%. As for the the longer term, the industry is up 41% over the past 12 months. As for the next few years, earnings are expected to grow by 14% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 12 Aug 2025US$2.7tUS$614.4bUS$101.0b26.6x27.2x4.5x
Thu, 10 Jul 2025US$2.6tUS$590.6bUS$97.0b28.2x27x4.4x
Sat, 07 Jun 2025US$2.4tUS$590.4bUS$97.3b28.6x24.7x4.1x
Mon, 05 May 2025US$2.2tUS$566.3bUS$97.2b25.3x22.6x3.9x
Wed, 02 Apr 2025US$2.2tUS$559.0bUS$94.9b25.7x23.5x4x
Fri, 28 Feb 2025US$2.4tUS$554.9bUS$95.4b20.5x25.1x4.3x
Sun, 26 Jan 2025US$2.3tUS$537.1bUS$89.2b23.2x26x4.3x
Tue, 24 Dec 2024US$2.4tUS$526.2bUS$81.7b23.2x28.9x4.5x
Thu, 21 Nov 2024US$2.4tUS$524.3bUS$81.7b23.7x29.9x4.7x
Sat, 19 Oct 2024US$2.3tUS$498.9bUS$81.1b23x28.1x4.6x
Mon, 16 Sep 2024US$2.0tUS$491.4bUS$77.8b20.5x26.3x4.2x
Wed, 14 Aug 2024US$1.9tUS$491.6bUS$77.9b20.7x24.9x3.9x
Fri, 12 Jul 2024US$2.0tUS$467.7bUS$73.1b20.6x26.8x4.2x
Sun, 09 Jun 2024US$1.9tUS$467.0bUS$73.1b21.1x25.7x4x
Tue, 07 May 2024US$1.9tUS$460.1bUS$72.5b20.1x26.2x4.1x
Thu, 04 Apr 2024US$1.9tUS$441.1bUS$67.3b21.3x28.3x4.3x
Sat, 02 Mar 2024US$1.8tUS$440.5bUS$67.4b19.2x27.1x4.1x
Mon, 29 Jan 2024US$1.8tUS$433.2bUS$67.6b28.2x27.2x4.2x
Wed, 27 Dec 2023US$1.9tUS$432.9bUS$70.6b28.2x26.3x4.3x
Fri, 24 Nov 2023US$1.6tUS$432.7bUS$70.5b26.9x23.3x3.8x
Sun, 22 Oct 2023US$1.5tUS$427.0bUS$67.0b27.5x22.3x3.5x
Tue, 19 Sep 2023US$1.7tUS$427.0bUS$68.1b28.1x24.6x3.9x
Thu, 17 Aug 2023US$1.6tUS$426.3bUS$68.2b29.3x23.6x3.8x
Sat, 15 Jul 2023US$1.6tUS$421.2bUS$64.4b30.9x25.2x3.9x
Mon, 12 Jun 2023US$1.6tUS$419.4bUS$64.5b30.7x24.1x3.7x
Wed, 10 May 2023US$1.5tUS$419.0bUS$64.6b27.2x23.1x3.6x
Fri, 07 Apr 2023US$1.5tUS$423.7bUS$68.1b29x22.5x3.6x
Sun, 05 Mar 2023US$1.7tUS$422.9bUS$69.3b28.2x24.6x4x
Tue, 31 Jan 2023US$1.7tUS$434.0bUS$79.4b28x21.7x4x
Thu, 29 Dec 2022US$1.6tUS$443.6bUS$85.8b27.3x18.4x3.6x
Sat, 26 Nov 2022US$1.7tUS$443.4bUS$85.8b27.2x19.9x3.8x
Mon, 24 Oct 2022US$1.5tUS$446.4bUS$91.2b25.1x16.6x3.4x
Wed, 21 Sep 2022US$1.6tUS$454.8bUS$96.5b25.1x16.6x3.5x
Fri, 19 Aug 2022US$1.8tUS$454.8bUS$96.5b26x18.2x3.9x
Price to Earnings Ratio

18.2x


Total Market Cap: US$1.8tTotal 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 27.2x which is higher than its 3-year average PE of 24.4x.
  • The 3-year average PS ratio of 4.0x is lower than the industry's current PS ratio of 4.5x.
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 11% 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 Market0.73%
Financials-0.11%
Capital Markets0.13%
Investment Banking and Brokerage1.06%
Asset Management0.14%
Financial Exchanges and Data-1.22%
Diversified Capital Markets-1.90%
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 39.7x.
    • Analysts are expecting annual earnings growth of 7.5%, which is lower than the prior year's growth of 15.9% 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
MS Morgan StanleyUS$147.294.9%
+US$10.9b		52.3%PE16.6x
HOOD Robinhood MarketsUS$114.098.2%
+US$7.7b		519.7%PE56.7x
BLK BlackRockUS$1.16k4.5%
+US$7.7b		35.7%PE28x
GS Goldman Sachs GroupUS$743.383.1%
+US$6.5b		51.1%PE14.6x
COIN Coinbase GlobalUS$322.628.3%
+US$6.3b		63.0%PE29x

Latest News

ICE
US$182.74
Intercontinental Exchange
7D
-2.5%
1Y
18.2%
SCHW
US$98.69
Charles Schwab
7D
2.3%
1Y
57.9%
SPGI
US$559.06
S&P Global
7D
-0.7%
1Y
14.2%
CME
US$275.88
CME Group
7D
-3.1%
1Y
32.9%
FDS
US$370.74
FactSet Research Systems
7D
-4.3%
1Y
-7.6%
MS
US$147.29
Morgan Stanley
7D
4.9%
1Y
52.3%
MKTX
US$188.22
MarketAxess Holdings
7D
-9.4%
1Y
-21.9%
BX
US$173.74
Blackstone
7D
3.6%
1Y
30.3%
MSCI
US$550.16
MSCI
7D
-1.4%
1Y
0.7%
KKR
US$147.24
KKR
7D
3.2%
1Y
27.1%
ETOR
US$50.74
eToro Group
7D
-12.5%
1Y
n/a
COIN
US$322.62
Coinbase Global
7D
8.3%
1Y
63.0%
HOOD
US$114.09
Robinhood Markets
7D
8.2%
1Y
519.7%
BLK
US$1,159.61
BlackRock
7D
4.5%
1Y
35.7%
GS
US$743.38
Goldman Sachs Group
7D
3.1%
1Y
51.1%

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
TW
US$131.10
Tradeweb Markets
7D
-6.7%
1Y
13.0%