Saturday 17 October 2026 Export ICE’s income statement to Excel — free account

Intercontinental Exchange Inc.

ICE Financial Financial Data & Stock Exchanges

Intercontinental Exchange Inc.’s revenue for fiscal 2025 (year ended December 2025) was $9.9 billion, up 7.03% from fiscal 2024. In the quarter to June 2026, revenue grew 4.84%, EPS grew 14.1%, free cash flow grew 29.7% and total debt rose 7.32%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for ten.

161.56 3.15 +1.99%

Follow ICE

Alert me

Market cap: $88.9B
P/E: 22.7×
Fwd P/E: 19.9×
Dividend yield: 1.58%
F-score: 8/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Insider Decisions trades per month

Total sells 89.01

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	4	3	—	10	—	—	4	2	1	7	2	—

Insider Ownership 1.07%

Capital & Financial Ratios $m

Market Cap 88,930.00

Revenue 10,558.00

Net Income 4,100.00

Free Cash Flow 4,641.00

Net Debt 16,048.00

Current Ratio 1.01

Debt/Equity 0.63

P/E ratio 22.69

Fwd P/E 19.90

P/S ratio 8.63

P/B ratio 3.08

Past 5Y EPS Growth 8.88%

This Y EPS Growth 17.69%

Next Y EPS Growth 8.78%

Next Y revenue growth 11.39%

Next 5Y EPS Growth 12.68%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 32.29%

10-year low 10-year high

P/S against its own 10 years 35.57%

10-year low 10-year high

P/B against its own 10 years 69.33%

10-year low 10-year high

Dividends

Payout Ratio 0.36

Annual Dividend Rate 2.56

Annual Dividend Yield 1.58%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	2.08	0.52 0.52 0.52 0.52
2025	1.92	0.48 0.48 0.48 0.48
2024	1.80	0.45 0.45 0.45 0.45
2023	1.68	0.42 0.42 0.42 0.42
2022	1.52	0.38 0.38 0.38 0.38
2021	1.32	0.33 0.33 0.33 0.33
2020	1.20	0.30 0.30 0.30 0.30
2019	1.10	0.28 0.28 0.28 0.28
2018	0.96	0.24 0.24 0.24 0.24
2017	0.80	0.20 0.20 0.20 0.20
2016	0.68	0.17 0.17 0.17 0.17

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	2,110	2,580	2,214	2,580
Receivables	1,366	1,490	1,552	1,869
Inventory	—	—	—	—
Other	80,794	84,312	81,226	116,912
	84,973	89,095	85,778	122,064

	2023	2024	2025	Q'26
Payables	1,003	1,051	1,078	1,159
ST’ Debt	—	—	—	—
Other	80,931	84,485	81,344	117,066
	84,626	89,553	84,116	120,576

Compound Annual Growth %

	10y	5y	3y
Sales	11.52%	10.47%	10.84%
Cash Flow	13.53%	10.10%	9.47%
Earnings	10.04%	9.68%	31.86%
Book Value	6.92%	8.20%	8.37%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	2,977	2,666	—	—	—
’25	2,473	2,543	2,411	2,504	9,931
’24	2,290	2,317	2,349	2,323	9,279
’23	1,896	1,888	2,003	2,201	7,988
’22	1,899	1,814	1,811	1,768	7,292
’21	1,797	1,707	1,802	1,840	7,146
’20	1,559	1,395	1,411	1,671	6,036

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	1,326	1,998	—	—	—
’25	966	1,506	915	1,275	4,662
’24	1,009	1,196	898	1,506	4,609
’23	653	1,152	768	969	3,542
’22	756	969	737	1,092	3,554
’21	734	873	523	993	3,123
’20	520	858	437	1,066	2,881

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	1,150	1,736	—	—	—
’25	777	1,339	746	1,009	3,871
’24	864	1,031	732	1,230	3,857
’23	568	1,034	645	806	3,053
’22	653	868	616	935	3,072
’21	618	749	435	869	2,671
’20	461	773	313	924	2,471

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	2.48	1.69	—	—	—
’25	1.38	1.48	1.42	1.49	5.77
’24	1.33	1.10	1.14	1.21	4.78
’23	1.17	1.42	0.96	0.65	4.19
’22	1.16	0.99	(0.34)	0.76	2.58
’21	1.14	2.22	1.12	2.70	7.18
’20	1.17	0.95	0.71	0.93	3.77

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	45.44	55.80	66.92	71.20	63.51	108.95	88.60	94.16	124.34	142.29	Analyst estimates 2026–2028 Powerpack
	High	59.86	72.99	82.65	95.56	115.40	139.79	137.40	129.16	167.99	189.35
People
People	Employees	5,631	4,952	5,161	5,989	8,890	8,858	8,911	13,222	12,920	12,844
	Revenue/emp, $m	0.80	0.94	0.96	0.87	0.68	0.81	0.82	0.60	0.72	0.77
Income, $m
Income, $m	Revenue	4,512	4,638	4,979	5,202	6,036	7,146	7,292	7,988	9,279	9,931
	Gross margin, %	96.96	97.39	97.37	97.60	97.61	97.77	98.20	98.46	98.34	98.41
	EBT	2,043	2,526	2,520	2,481	2,766	5,698	1,808	2,894	3,628	4,346
	EBT margin, %	45.28	54.46	50.61	47.69	45.83	79.74	24.79	36.23	39.10	43.76
	Net income	1,457	2,554	2,020	1,960	2,108	4,069	1,498	2,438	2,802	3,370
	Depreciation	610	535	586	662	751	1,009	1,031	1,215	1,537	1,560
Per share, $
Per share, $	Revenue	7.58	7.87	8.66	9.27	10.93	12.72	13.04	14.16	16.19	17.36
	Earnings	2.39	4.27	3.46	3.44	3.79	7.22	2.59	4.20	4.80	5.79
	Cash flow	3.61	3.54	4.41	4.74	5.22	5.56	6.36	6.28	8.04	8.15
	Capex	(0.61)	(0.61)	(0.49)	(0.54)	(0.74)	(0.80)	(0.86)	(0.87)	(1.31)	(1.38)
	Free cash flow	3.00	2.93	3.92	4.20	4.48	4.75	5.50	5.41	6.73	6.77
	Book value	26.48	28.84	29.97	30.81	35.39	40.48	40.72	45.72	48.34	50.65
	Shares, m	595	589	575	561	552	562	559	564	573	572
Valuation, ×
Valuation, ×	P/E	23.56	16.32	21.77	26.83	30.42	18.94	40.01	30.04	30.98	27.88
	P/S	7.41	8.87	8.70	9.98	10.54	10.76	7.91	8.93	9.20	9.33
	P/B	2.12	2.42	2.51	3.00	3.26	3.38	2.54	2.77	3.08	3.20
	EV/Sales	8.40	9.87	10.03	10.97	12.90	12.50	9.54	11.46	10.97	11.15
	EV/FCF	21.24	26.50	22.17	24.24	31.51	33.43	22.64	29.99	26.40	28.60
Cash, $m
Cash, $m	Operating cash flow	2,149	2,085	2,533	2,659	2,881	3,123	3,554	3,542	4,609	4,662
	Capex	(365)	(357)	(280)	(305)	(410)	(452)	(482)	(489)	(752)	(791)
	Free cash flow	1,784	1,728	2,253	2,354	2,471	2,671	3,072	3,053	3,857	3,871
Balance, $m
Balance, $m	Working capital	(1,484)	(613)	584	(837)	(780)	889	7,776	347	(458)	1,662
	Total debt	3,871	4,267	6,490	5,250	14,126	12,397	18,118	20,659	17,341	18,609
	Net debt	2,762	2,963	4,948	3,466	12,543	10,755	10,170	18,549	14,761	16,395
	Shareholders’ equity	15,754	16,985	17,231	17,286	19,534	22,748	22,761	25,786	27,698	28,969
Returns, %
Returns, %	ROA	1.79	3.15	2.32	2.06	1.89	2.54	0.75	1.43	2.00	2.40
	ROIC	7.33	7.45	7.28	8.05	5.91	6.43	6.90	5.21	6.34	6.79
	ROE	9.35	15.43	11.62	11.20	11.35	19.19	6.35	9.76	10.30	11.70

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
SPGI S&P Global Inc.	$125.2B	26.2×	25.0×	+10.41% (above 0%: growing)	+16.57% (above 0%: growing)	+1.23% (above 0%: growing)	71.90%	43.70%	Compare
CME CME Group Inc.	$104.1B	24.7×	21.7×	+0.84% (above 0%: growing)	+2.85% (above 0%: growing)	−11.21% (below 0%: shrinking)	100.00%	64.89%	Compare
ICE Intercontinental Exchange Inc.	$88.9B	22.7×	19.9×	+4.84% (above 0%: growing)	+14.09% (above 0%: growing)	+29.65% (above 0%: growing)	98.61%	52.18%
MCO Moody's Corporation	$83.8B	30.6×	28.7×	+15.12% (above 0%: growing)	+56.52% (above 0%: growing)	+47.01% (above 0%: growing)	76.29%	47.87%	Compare
NDAQ Nasdaq, Inc.	$52.3B	27.0×	26.1×	+20.51% (above 0%: growing)	+13.92% (above 0%: growing)	−7.71% (below 0%: shrinking)	59.24%	28.12%	Compare
COIN Coinbase Global, Inc.	$48.5B	— (loss-making)	359×	−18.51% (below 0%: shrinking)	n/m	+128.50% (above 0%: growing)	84.44%	(9.30%)	Compare
MSCI MSCI Inc	$41.8B	31.1×	30.8×	+12.20% (above 0%: growing)	+19.90% (above 0%: growing)	+8.19% (above 0%: growing)	82.71%	56.23%	Compare
CBOE Cboe Global Markets, Inc.	$32.2B	24.5×	—	+22.95% (above 0%: growing)	+50.67% (above 0%: growing)	−270.85% (below 0%: shrinking)	50.71%	32.99%	Compare
TRU TransUnion	$14.2B	19.3×	17.1×	+14.91% (above 0%: growing)	+33.93% (above 0%: growing)	+42.65% (above 0%: growing)	58.41%	19.70%	Compare
Median of peers	$50.4B	26.2×	26.1×	+13.56%	+19.90%	+4.71%	74.10%	38.35%

All 15 Financial Data & Stock Exchanges stocks →

Intercontinental Exchange Inc. (ICE) key facts

Strength: Intercontinental Exchange Inc.’s revenue for fiscal 2025 (year ended December 2025) was $9.9 billion, up 7.03% from fiscal 2024.
Strength: Net income was $3.4 billion, or $5.79 per share (basic), a net margin of 33.4%.
Intercontinental Exchange Inc. (ICE) is a Financial Data & Stock Exchanges company in the Financial sector, listed on the New York Stock Exchange.
As of October 16, 2026, ICE traded at $161.56, a market capitalization of $88.9 billion.
At that price the stock trades at 22.7× trailing-twelve-month earnings and 8.6× sales; its P/E is higher than 32% of its own readings over the past ten years.
Intercontinental Exchange Inc. pays an annual dividend of $2.56 per share, a yield of 1.58%, with a payout ratio of 36.2%.
Return on equity was 11.7% and debt-to-equity 0.63.
Its Piotroski F-score is 8 out of 9 for fiscal 2025.