Intercontinental Exchange Inc. (ICE) vs Morningstar, Inc. (MORN)

Intercontinental Exchange Inc. and Morningstar, Inc. are both Financial Data & Stock Exchanges companies. Intercontinental Exchange Inc. is the larger, with a market value of $87.2B against $7.6B — 11.5× the size. Morningstar, Inc. trades at the lower P/E: 19.3× against 21.9×. Morningstar, Inc. grew revenue faster over the last twelve months: 9.33% against 8.98%. Intercontinental Exchange Inc. has the higher net margin (38.3% vs 16.4%) and the lower return on invested capital (7.48% vs 17.1%). Both pay a dividend; Intercontinental Exchange Inc. yields more (1.64% vs 0.98%). Across the 21 metrics below, Morningstar, Inc. leads on 13 and Intercontinental Exchange Inc. on 8.

Valuation

Metric ICE MORN Financial Data & Stock Exchanges median
P/E 21.94 19.27 22.78
P/S 8.34 3.01 7.39
P/B 2.97 7.55 3.81
Price to free cash flow 18.98 15.53 18.98
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 4.56% 5.19% 4.23%
Free cash flow yield 5.27% 6.44% 4.63%

Profitability

Metric ICE MORN Financial Data & Stock Exchanges median
Gross margin 98.59% 62.24% 70.90%
Operating margin 51.78% 23.53% 28.27%
Net margin 38.25% 16.43% 22.52%
Free cash flow margin 43.96% 19.38% 28.57%
Return on equity 13.89% 31.96% 15.12%
Return on assets 2.54% 11.13% 6.82%
Return on invested capital 7.48% 17.05% 9.96%

Growth

Metric ICE MORN Financial Data & Stock Exchanges median
Revenue growth (TTM) 8.98% 9.33% 9.16%
EPS growth (last fiscal year) 20.71% 3.38% 15.41%
Revenue growth, 5-year CAGR 10.47% 11.97% 8.62%
Net income growth, 5-year CAGR 9.68% 10.85% 10.27%

Health

Metric ICE MORN Financial Data & Stock Exchanges median
Debt to equity 0.63 1.67 0.48
Current ratio 1.01 1.06 1.06
Net debt to EBITDA 2.53 0.76 1.19

Dividend

Metric ICE MORN Financial Data & Stock Exchanges median
Dividend yield 1.64% 0.98% 1.31%
Payout ratio 0.36 0.19 0.32

Size

Metric ICE MORN Financial Data & Stock Exchanges median
Market cap 87.21b 7.61b 30.71b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack