Intercontinental Exchange (ICE) Financials: Revenue & Earnings

ICE price $154.14 -1.30 -0.84%

Ticker
ICE
Price
$154.14
Change
-1.30 -0.84%
Market cap ?
$86.53B
P/E ?
22.51
Forward P/E ?
18.83
Dividend yield ?
1.27%
Beta ?
0.94
Sector
Financial Services
Industry
Financial - Data & Stock Exchanges
Stocklytics score
51
Value
47
Quality
65
Growth
40

Stocklytics score rationale: value 47, quality 65, growth 40.

Financials

2016201720182019202020212022202320242025
597100000058430000006276000000654700000082440000009168000000963600000099030000001176100000012638000000

Intercontinental Exchange, Inc. (ICE) manages a global network of regulated financial venues, encompassing exchanges, clearing houses, and listing platforms. These operations serve diverse markets, including commodities, financial instruments, fixed income products, and equities, with a geographical footprint spanning key financial centers such as the United States, United Kingdom, European Union, Singapore, Israel…

Fair value

ICE fair value $197.77. Price $154.14. Price is 22% below fair value.

Below fair value, and cheaper than usual. A larger discount than on 91% of days in the past 5 years.

Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.

Calculated with a 10-year free-cash-flow discount. Starting free cash flow 4.85B. Growth 6.50%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 9.49% (beta 0.9). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 561.39M. Net debt 19.44B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.

Compare ICE

Earnings

DateEPS actualEPS estimateRevenueRevenue estimate
2026-10-29—1.97—2.74B
2026-07-301.901.842.67B2.63B
2026-04-302.352.232.98B2.88B
2026-02-051.711.682.50B2.47B
2025-10-301.711.603.01B2.41B
2025-07-311.811.773.26B2.54B
2025-05-011.721.703.23B2.46B
2025-02-061.521.533.03B2.33B
2024-10-311.551.553.03B2.35B
2024-08-011.521.492.76B2.31B
2024-05-021.481.482.73B2.31B
2024-02-081.331.292.67B2.20B
2023-11-021.461.402.43B1.91B
2023-08-031.431.372.34B1.89B
2023-05-041.411.402.47B1.90B
2023-02-021.251.262.38B1.78B
2022-11-031.311.262.39B1.80B
2022-08-041.321.282.41B1.80B
2022-05-051.431.422.46B2.44B
2022-02-031.341.322.33B1.87B
2021-10-281.301.222.28B1.72B
2021-07-291.161.162.13B1.71B
2021-04-291.341.302.43B2.35B
2021-02-041.131.082.23B2.13B
2020-10-291.030.991.93B1.86B
2020-07-301.071.041.97B1.36B
2020-04-301.281.242.12B1.51B
2020-02-060.950.951.67B1.30B
2019-10-311.060.961.66B1.21B
2019-08-010.940.921.63B1.27B
2019-05-020.920.901.58B1.24B
2019-02-070.940.921.68B1.28B
2018-10-310.850.801.46B1.13B
2018-08-020.900.891.56B1.23B
2018-05-030.900.881.58B1.20B
2018-02-070.730.721.44B1.13B
2017-11-020.730.701.43B1.10B
2017-08-030.750.761.49B1.20B
2017-05-030.740.731.47B1.15B
2017-02-070.710.691.48B1.12B

Dividends

Yield 1.32%. Payout ratio 28.33%. Frequency Quarterly.

Safety score 91/100 · Safe. Payout ratio is 28% of earnings. Dividends use less than 40% of free cash flow. Dividends were paid in 14 separate years. Yield is 1.3%, which is modest.

Ex-dateDividendRecordPaymentFrequency
2026-12-16$0.522026-12-162026-12-31Quarterly
2026-09-16$0.522026-09-162026-09-30Quarterly
2026-06-15$0.522026-06-152026-06-30Quarterly
2026-03-17$0.522026-03-172026-03-31Quarterly
2025-12-16$0.482025-12-162025-12-31Quarterly
2025-09-16$0.482025-09-162025-09-30Quarterly
2025-06-13$0.482025-06-132025-06-30Quarterly
2025-03-17$0.482025-03-172025-03-31Quarterly
2024-12-16$0.452024-12-162024-12-31Quarterly
2024-09-16$0.452024-09-162024-09-30Quarterly
2024-06-13$0.452024-06-132024-06-28Quarterly
2024-03-14$0.452024-03-152024-03-29Quarterly
2023-12-13$0.422023-12-142023-12-29Quarterly
2023-09-14$0.422023-09-152023-09-29Quarterly
2023-06-14$0.422023-06-152023-06-30Quarterly
2023-03-16$0.422023-03-172023-03-31Quarterly
2022-12-14$0.382022-12-152022-12-30Quarterly
2022-09-15$0.382022-09-162022-09-30Quarterly
2022-06-14$0.382022-06-152022-06-30Quarterly
2022-03-16$0.382022-03-172022-03-31Quarterly
2021-12-16$0.332021-12-172021-12-31Quarterly
2021-09-15$0.332021-09-162021-09-30Quarterly
2021-06-15$0.332021-06-162021-06-30Quarterly
2021-03-16$0.332021-03-172021-03-31Quarterly
2020-12-15$0.302020-12-162020-12-31Quarterly
2020-09-15$0.302020-09-162020-09-30Quarterly
2020-06-15$0.302020-06-162020-06-30Quarterly
2020-03-16$0.302020-03-172020-03-31Quarterly
2019-12-13$0.282019-12-162019-12-31Quarterly
2019-09-13$0.282019-09-162019-09-30Quarterly
2019-06-13$0.282019-06-142019-06-28Quarterly
2019-03-14$0.282019-03-152019-03-29Quarterly
2018-12-13$0.242018-12-142018-12-31Quarterly
2018-09-12$0.242018-09-132018-09-28Quarterly
2018-06-13$0.242018-06-142018-06-29Quarterly
2018-03-14$0.242018-03-152018-03-29Quarterly
2017-12-13$0.202017-12-142017-12-29Quarterly
2017-09-14$0.202017-09-152017-09-29Quarterly
2017-06-14$0.202017-06-162017-06-30Quarterly
2017-03-14$0.202017-03-162017-03-31Quarterly
2016-12-13$0.172016-12-152016-12-30Quarterly
2016-09-14$0.172016-09-162016-09-30Quarterly
2016-06-14$0.172016-06-162016-06-30Quarterly
2016-03-14$0.172016-03-162016-03-31Quarterly
2015-12-14$0.152015-12-162015-12-31Quarterly
2015-09-14$0.152015-09-162015-09-30Quarterly
2015-06-12$0.152015-06-162015-06-30Quarterly
2015-03-13$0.132015-03-172015-03-31Quarterly
2014-12-12$0.132014-12-162014-12-31Quarterly
2014-09-12$0.132014-09-162014-09-30Quarterly
2014-06-12$0.132014-06-162014-06-30Quarterly
2014-03-13$0.132014-03-172014-03-31Quarterly
2013-12-12$0.132013-12-162013-12-31Quarterly

Insider trades

DateInsiderActionSharesPriceValue
2026-09-14Foley DouglasSell1.60K$160.00256.00K
2026-09-01Edmonds Christopher ScottBuy5.00K$57.31286.55K
2026-09-01Edmonds Christopher ScottSell5.00K$160.59802.95K
2026-09-01Edmonds Christopher ScottSell5.00K$57.31286.55K
2026-09-01Jackson BenjaminBuy6.43K$57.31368.56K
2026-09-01Jackson BenjaminSell5.02K$159.68801.61K
2026-09-01Jackson BenjaminBuy6.43K$57.31368.56K
2026-09-01Jackson BenjaminSell6.24K$160.17999.77K
2026-09-01Jackson BenjaminSell1.60K$161.05257.68K
2026-09-01Jackson BenjaminSell6.43K$57.31368.56K
2026-09-01Jackson BenjaminSell6.43K$57.31368.56K
2026-08-26Surdykowski Andrew JBuy2.06K$57.31118.35K
2026-08-26Surdykowski Andrew JSell3.97K$161.67642.49K
2026-08-26Surdykowski Andrew JSell600$162.3897.43K
2026-08-26Tirinnanzi Martha ASell1.34K$161.16215.95K
2026-08-26Surdykowski Andrew JSell2.06K$57.31118.35K
2026-08-20Foley DouglasSell1.60K$160.00256.00K
2026-08-19Gardiner WarrenSell2.49K$156.30389.34K
2026-08-13Tirinnanzi Martha ASell141$155.0021.86K
2026-08-12Kapani MayurBuy3.03K$57.31173.53K
2026-08-12Kapani MayurSell400$149.8359.93K
2026-08-12Kapani MayurBuy4.27K$67.00286.16K
2026-08-12Kapani MayurSell3.77K$151.33570.65K
2026-08-12Kapani MayurSell100$151.7815.18K
2026-08-12Kapani MayurSell4.27K$67.00286.16K
2026-08-12Kapani MayurSell3.03K$57.31173.53K
2026-08-05Foley DouglasSell7.30K$148.881.09M
2026-07-16Martin Lynn CBuy15.88K$57.31910.20K
2026-07-16Martin Lynn CSell3.00K$139.75419.24K
2026-07-16Martin Lynn CSell3.20K$140.90450.89K
2026-07-16Martin Lynn CSell9.48K$141.651.34M
2026-07-16Martin Lynn CSell200$142.3028.46K
2026-07-16Martin Lynn CSell15.88K$57.31910.20K
2026-06-12Hague William JeffersonSell1.33K$139.46185.90K
2026-06-09Hague William JeffersonSell91$138.5012.60K
2026-05-26Surdykowski Andrew JBuy2.06K$57.31118.35K
2026-05-26Surdykowski Andrew JSell1.97K$150.97296.66K
2026-05-26Surdykowski Andrew JSell2.61K$152.00396.41K
2026-05-26Surdykowski Andrew JSell2.06K$57.31118.35K
2026-05-22Bowen SharonSell667$151.28100.90K
2026-05-19Gardiner WarrenSell2.49K$156.64390.03K
2026-05-18Farooqui Duriya MBuy1.54K——
2026-05-18Hague William JeffersonBuy1.54K——
2026-05-18Hague William JeffersonSell50——
2026-05-18Mulhern Mark FBuy1.54K——
2026-05-18Pinto Daniel EBuy1.54K——
2026-05-18Silver Caroline LouiseBuy1.70K——
2026-05-18Silver Caroline LouiseSell64——
2026-05-18Cooper Shantella E.Buy1.54K——
2026-05-18Tirinnanzi Martha ABuy1.70K——
2026-05-18Hill Jonathan HopkinBuy1.70K——
2026-05-18Hill Jonathan HopkinSell27——
2026-05-18Bowen SharonBuy1.54K——
2026-05-18NOONAN THOMAS EBuy1.54K——
2026-05-15Pinto Daniel EOther0——
2026-05-14Kapani MayurBuy4.27K$67.00286.16K
2026-05-14Kapani MayurSell2.90K$155.27450.29K
2026-05-14Kapani MayurSell1.37K$155.73213.51K
2026-05-14Kapani MayurSell4.27K$67.00286.16K
2026-03-10Jackson BenjaminBuy770$129.7699.92K
2026-03-10Jackson BenjaminBuy875$114.1999.92K
2026-03-10Jackson BenjaminBuy1.08K$92.6399.95K
2026-03-10Jackson BenjaminSell875$114.1999.92K
2026-03-10Jackson BenjaminSell1.08K$92.6399.95K
2026-03-10Jackson BenjaminSell770$129.7699.92K
2026-03-09Foley DouglasSell1.60K$164.96263.94K
2026-02-27Jackson BenjaminSell3.87K$165.00637.73K
2026-02-26Surdykowski Andrew JBuy2.06K$57.31118.35K
2026-02-26Surdykowski Andrew JSell3.10K$161.71501.14K
2026-02-26Surdykowski Andrew JSell1.47K$162.62239.38K
2026-02-26Surdykowski Andrew JSell200——
2026-02-26Surdykowski Andrew JSell2.06K$57.31118.35K
2026-02-20Martin Lynn CSell2.96K$153.11453.65K
2026-02-20Martin Lynn CSell8.19K$153.901.26M
2026-02-20Martin Lynn CSell2.30K$154.72355.85K
2026-02-19Edmonds Christopher ScottSell4.75K$153.21727.76K
2026-02-19Edmonds Christopher ScottSell4.65K$153.96716.38K
2026-02-19Edmonds Christopher ScottSell1.70K$154.91263.34K
2026-02-19Edmonds Christopher ScottSell200$155.7231.14K
2026-02-19Gardiner WarrenSell2.49K$154.00383.46K
2026-02-19Jackson BenjaminSell1.92K$153.18293.95K
2026-02-19Jackson BenjaminSell1.25K$153.90191.76K
2026-02-19Jackson BenjaminSell700$154.93108.45K
2026-02-18Sprecher Jeffrey CSell150.00K$155.0023.25M
2026-02-18Sprecher Jeffrey CBuy1.31K$76.16100.00K
2026-02-18Sprecher Jeffrey CBuy50.77K$67.003.40M
2026-02-18Sprecher Jeffrey CSell129.94K$155.0020.14M
2026-02-18Sprecher Jeffrey CSell1.31K$76.16100.00K
2026-02-18Sprecher Jeffrey CSell50.77K$67.003.40M
2026-02-18Kapani MayurBuy5.35K$57.31306.44K
2026-02-18Kapani MayurSell4.52K$154.49698.12K
2026-02-18Kapani MayurSell10.69K$155.251.66M
2026-02-18Kapani MayurSell5.35K$57.31306.44K
2026-02-17Williams Stuart GlenSell641$152.2897.61K
2026-02-17Surdykowski Andrew JSell645$152.2898.22K
2026-02-17Sprecher Jeffrey CSell6.46K$152.28983.58K
2026-02-17Namkung James WSell257$152.2839.14K
2026-02-17Martin Lynn CSell1.59K$152.28242.28K
2026-02-17King Elizabeth KathrynSell575$152.2887.56K
2026-02-17Kapani MayurSell1.03K$152.28156.54K

Institutional holders

Latest filed quarter: Q2 2026.

Institutions holding: 1.73K, holders -57 vs prior quarter. Ownership 92.78%.

HolderSharesChangeChange %Value
BLACKROCK, INC.50.73M-2.17M-4.10%6.25B
VANGUARD CAPITAL MANAGEMENT LLC36.94M25.19K+0.07%4.55B
STATE STREET CORP25.97M415.49K+1.63%3.20B
HARRIS ASSOCIATES L P18.05M1.71M+10.45%2.22B
MORGAN STANLEY13.12M-1.37M-9.45%1.61B
GEODE CAPITAL MANAGEMENT, LLC12.82M49.51K+0.39%1.57B
VANGUARD PORTFOLIO MANAGEMENT LLC12.54M725.18K+6.14%1.54B
WELLINGTON MANAGEMENT GROUP LLP11.81M1.63M+16.06%1.45B
PRICE T ROWE ASSOCIATES INC /MD/10.93M174.66K+1.62%1.35B
NORGES BANK9.16M9.16MNew1.13B
NORTHERN TRUST CORP6.79M-143.50K-2.07%835.75M
CAPITAL WORLD INVESTORS6.64M604.52K+10.02%817.33M
FMR LLC6.34M-243.99K-3.71%780.61M
MITSUBISHI UFJ ASSET MANAGEMENT CO., LTD.5.81M79.74K+1.39%714.87M
JPMORGAN CHASE & CO5.72M-5.01M-46.68%703.65M
UBS GROUP AG5.38M956.14K+21.60%662.74M
GOLDMAN SACHS GROUP INC5.34M330.84K+6.60%657.79M
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC5.30M52.91K+1.01%652.26M
FLOSSBACH VON STORCH SE5.28M340.65K+6.90%649.90M
INDEPENDENT FRANCHISE PARTNERS LLP5.25M297.94K+6.01%646.71M
D. E. SHAW & CO., INC.5.15M2.67M+107.93%633.43M
ROYAL BANK OF CANADA4.75M-3.54M-42.66%585.24M
PARNASSUS INVESTMENTS, LLC4.66M-375.50K-7.46%573.25M
BANK OF AMERICA CORP /DE/4.24M-1.39M-24.76%521.56M
AMUNDI4.23M-765.34K-15.32%520.97M

Earnings and financials

Intercontinental Exchange, Inc. (ICE) trades at $154.14, with a market cap of $86.53B and a trailing P/E of 22.51. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.

Financials

2016201720182019202020212022202320242025
597100000058430000006276000000654700000082440000009168000000963600000099030000001176100000012638000000

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Intercontinental Exchange (ICE) Financials: Revenue & Earnings

ICE$154.14-1.30 -0.84%

$86.53B

Market Cap

22.51

P/E

18.83

Forward P/E

51

Score

Price History