Intercontinental Exchange Inc. ICE

154.31 (2.62) (1.67%) as of 25 Sep
Market cap
$88.0B
P/E
21.7×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Intercontinental Exchange Inc. (ICE) Gross margin

Intercontinental Exchange Inc.'s gross margin over the twelve months to 30 June 2026 was 98.6%, up 0.2 percentage points from fiscal 2025 (98.4%). Over the past ten years it has ranged from 95.8% (fiscal 2015) to 98.5% (fiscal 2023); the current reading is higher than 91% of that period. That is above the Financial Data & Stock Exchanges industry median of 70.9% and above the Financial sector median of 69.9%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2025 98.4% 0.07
FY2024 98.3% (0.12)
FY2023 98.5% 0.26
FY2022 98.2% 0.43
FY2021 97.8% 0.16
FY2020 97.6% 0.01
FY2019 97.6% 0.23
FY2018 97.4% (0.02)
FY2017 97.4% 0.43
FY2016 97.0% 1.12

Quarterly

Period Gross margin Change (points)
Jun 2026 98.6% (0.21)
Mar 2026 98.8% 0.34
Dec 2025 98.5% 0.10
Sep 2025 98.4% (0.01)
42 more quarters

Against its own ten years

Low 95.8% High 98.5%
Ten-year median 97.6%
Current reading's percentile 91

Gross margin against peers

Company Gross margin
CME CME Group Inc. compare 100.0%
ICE Intercontinental Exchange Inc. 98.6%
COIN Coinbase Global, Inc. compare 86.4%
MSCI MSCI Inc compare 83.0%
MCO Moody's Corporation compare 75.0%
SPGI S&P Global Inc. compare 70.9%
NDAQ Nasdaq, Inc. compare 64.3%
TRU TransUnion compare 58.7%
CBOE Cboe Global Markets, Inc. compare 54.1%
Financial Data & Stock Exchanges industry median 70.9%
Financial sector median 69.9%
Market median 46.3%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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