Intercontinental Exchange (NYSE: ICE) reported strong financial results for the full year and fourth quarter of 2024, marking its 19th consecutive year of record revenues. The company posted net revenues of $9.3 billion for the year, a 16% increase year-over-year (y/y). ICE's Chairman and CEO, Jeffrey C. Sprecher, highlighted the company's ability to deliver growth through its "all-weather" business model, which continues to perform well across various macroeconomic environments.

Key Highlights for Full Year 2024:
- GAAP diluted earnings per share (EPS) increased 14% y/y to $4.78.
- Adjusted diluted EPS grew 8% y/y to $6.07.
- Operating income reached a record $4.3 billion, a 17% increase y/y, with adjusted operating income of $5.5 billion, up 16% y/y.
- Operating margin was 46%, and adjusted operating margin was 59%.
- The company achieved record operating cash flow of $4.6 billion, up 30% y/y, and record adjusted free cash flow of over $3.6 billion, a 13% increase y/y.
- ICE expects to resume share repurchases in the first quarter of 2025.

For the Fourth Quarter of 2024:
- Consolidated net income attributable to ICE was $698 million, with $2.3 billion in revenues.
- GAAP diluted EPS for the quarter was $1.21, and adjusted diluted EPS was $1.52.
- Adjusted net income attributable to ICE for the quarter was $875 million.

ICE's strong cash flows enabled the company to reinvest in its business, pay over $1 billion in dividends to stockholders, and reduce leverage significantly. As the company moves into 2025, it is well-positioned to continue its growth trajectory and invest in further strengthening its business.