← Intercontinental Exchange, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $1.4b $2.5b $2.0b $1.9b $2.1b $4.1b $1.4b $2.4b $2.8b $3.3b
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $1.4b $2.5b $2.0b $2.0b $2.1b $4.1b $1.5b $2.4b $2.8b $3.4b
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $1.4b — — — — — — — — —
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $1.4b — — — — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $0 — — — — — — — — —
Net Income (Loss) Attributable to Noncontrolling Interest ($27.0m) — — $27.0m $19.0m $11.0m $52.0m $70.0m — —
Depreciation and amortization $610.0m $535.0m $586.0m $662.0m $751.0m $1.0b $1.0b $1.2b $1.5b $1.6b
Amortization of Intangible Assets $323.0m $272.0m — — — $622.0m $610.0m $749.0m $1.0b $994.0m
Capitalized Computer Software, Amortization $113.0m $135.0m $160.0m $175.0m $190.0m $213.0m $247.0m $284.0m $324.0m $368.0m
Depreciation $142.0m $122.0m $133.0m $145.0m $173.0m $174.0m $174.0m $182.0m $201.0m $198.0m
Deferred Income Tax Expense (Benefit) $114.0m ($651.0m) $27.0m ($33.0m) $92.0m $537.0m ($593.0m) ($329.0m) ($142.0m) $82.0m
Share-based Payment Arrangement, Noncash Expense $124.0m $135.0m $130.0m $139.0m $139.0m $188.0m $155.0m $257.0m $231.0m $238.0m
Payment, Tax Withholding, Share-based Payment Arrangement $54.0m $88.0m $80.0m $65.0m $74.0m $70.0m $73.0m $78.0m $81.0m $103.0m
Share-based Payment Arrangement, Expense — — — — — — — — $231.0m $212.0m
Goodwill, Impairment Loss — — — — — — — — — $0
Impairment of Intangible Assets (Excluding Goodwill) — — $4.0m $31.0m — — — — — —
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) — — — — — — — — — $0
Equity Method Investment, Realized Gain (Loss) on Disposal — — — — — $1.2b $41.0m ($4.0m) — —
Income (Loss) from Equity Method Investments $25.0m $36.0m — $0 $55.0m $34.0m ($73.0m) ($8.0m) ($62.0m) $79.0m
Income Tax Expense (Benefit) $580.0m ($25.0m) $500.0m $521.0m $658.0m $1.6b $310.0m $456.0m $826.0m $976.0m
Interest Expense Nonoperating — — — — — — — — $910.0m $803.0m
Other Nonoperating Income (Expense) $40.0m $325.0m $159.0m $58.0m $80.0m $2.7b ($1.3b) ($311.0m) $88.0m $101.0m
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $65.0m $135.0m $44.0m $30.0m $149.0m $5.0m ($20.0m) $71.0m $149.0m $62.0m
Deconsolidation, Gain (Loss), Amount — — — — — $1.4b $0 $0 — —
Equity Securities, FV-NI, Gain (Loss) — — — — — — — — — $2.0m
Fair Value, Option, Changes in Fair Value, Gain (Loss) — — — — — $0 $0 ($160.0m) $0 $0
Foreign Currency Transaction Gain (Loss), before Tax $1.0m ($4.0m) ($2.0m) ($5.0m) ($5.0m) ($13.0m) ($9.0m) ($12.0m) ($15.0m) ($18.0m)
Goodwill $12.3b $12.2b $13.1b $13.3b $21.3b $21.1b $21.1b $30.6b $30.6b $30.6b
Nonoperating Income (Expense) ($138.0m) $138.0m ($63.0m) ($192.0m) ($267.0m) $2.2b ($1.8b) ($800.0m) ($681.0m) ($583.0m)
Operating Expenses $2.3b $2.2b $2.4b $2.5b $3.0b $3.7b $3.7b $4.3b $5.0b $5.0b
Unrealized Gain (Loss) on Investments — — — — — — — — ($1.0m) —
Net Cash Provided by (Used in) Operating Activities $2.1b $2.1b $2.5b $2.7b $2.9b $3.1b $3.6b $3.5b $4.6b $4.7b
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $250.0m $220.0m $134.0m $153.0m $207.0m $179.0m $225.0m $190.0m $406.0m $373.0m
Payments to Acquire Businesses, Net of Cash Acquired $425.0m $423.0m $1.2b $352.0m $9.4b $66.0m $59.0m $10.2b $38.0m $19.0m
Payments to Acquire Investments $0 — $306.0m $0 $0 — — — — —
Gain (Loss) on Sale of Investments — — — — — — — — — $55.0m
Payments for (Proceeds from) Other Investing Activities — $0 — $6.0m ($22.0m) $0 $0 — ($14.0m) ($14.0m)
Net Cash Provided by (Used in) Investing Activities ($898.0m) $92.0m ($1.8b) ($594.0m) ($9.8b) ($786.0m) $677.0m ($8.8b) ($921.0m) ($4.2b)
Cash flows from financing activities:
Payments for Repurchase of Common Stock $50.0m $949.0m $1.2b $1.5b $1.2b $250.0m $632.0m $0 $0 $1.3b
Payments of Ordinary Dividends, Common Stock $409.0m $476.0m $555.0m $621.0m $669.0m $747.0m $853.0m $955.0m $1.0b $1.1b
Payments of Dividends $409.0m $476.0m $555.0m $621.0m $669.0m $747.0m $853.0m $955.0m $1.0b $1.1b
Proceeds from (Payments for) Other Financing Activities $0 ($9.0m) $4.0m $23.0m $38.0m $35.0m $36.0m $16.0m $21.0m $34.0m
Net Cash Provided by (Used in) Financing Activities ($1.5b) ($2.0b) ($463.0m) ($1.8b) $6.7b $62.0b ($1.8b) ($64.3b) $79.0m ($6.3b)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — $4.0m $8.0m ($6.0m) ($23.0m) $7.0m ($14.0m) $32.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — $304.0m $316.0m ($197.0m) $64.4b $2.4b ($69.6b) $3.8b ($5.9b)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — $1.9b $2.2b $2.0b $148.0b $150.3b $80.8b $84.5b $78.6b
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $170.0m $171.0m $202.0m $280.0m $298.0m $406.0m $550.0m $727.0m $870.0m $764.0m
Income Taxes Paid, Net $460.0m $594.0m $533.0m $557.0m $642.0m $1.1b $882.0m $909.0m $957.0m $1.1b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.