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) Operating margin

Intercontinental Exchange Inc.'s operating margin over the twelve months to 30 June 2026 was 51.8%, up 2.2 percentage points from fiscal 2025 (49.6%). Over the past ten years it has ranged from 46.2% (fiscal 2023) to 52.4% (fiscal 2015); the current reading is higher than 45% of that period. That is above the Financial Data & Stock Exchanges industry median of 29.6% and above the Financial sector median of 0.00%.

Operating margin, annual

Annual

Period Operating margin Change (points)
FY2025 49.6% 3.19
FY2024 46.4% 0.20
FY2023 46.2% (3.65)
FY2022 49.9% 1.63
FY2021 48.3% (1.99)
FY2020 50.3% (1.13)
FY2019 51.4% (0.50)
FY2018 51.9% 0.59
FY2017 51.3% 3.15
FY2016 48.1% (4.29)

Quarterly

Period Operating margin Change (points)
Jun 2026 52.2% (3.75)
Mar 2026 55.9% 6.53
Dec 2025 49.4% 0.71
Sep 2025 48.7% (2.31)
42 more quarters

Against its own ten years

Low 46.2% High 52.4%
Ten-year median 49.9%
Current reading's percentile 45

Operating margin against peers

Company Operating margin
CME CME Group Inc. compare 65.1%
MSCI MSCI Inc compare 55.7%
ICE Intercontinental Exchange Inc. 51.8%
MCO Moody's Corporation compare 44.8%
SPGI S&P Global Inc. compare 44.4%
CBOE Cboe Global Markets, Inc. compare 34.7%
NDAQ Nasdaq, Inc. compare 29.6%
TRU TransUnion compare 18.7%
COIN Coinbase Global, Inc. compare 9.86%
Financial Data & Stock Exchanges industry median 29.6%
Financial sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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