INTERCONTINENTAL EXCHANGE IN (ICE) Stock Fundamental Analysis
NYSE:ICE • US45866F1049
154.11 USD
-1.08 (-0.7%)
At close: Feb 19, 2026
154.11 USD
0 (0%)
After Hours: 2/19/2026, 4:39:09 PM
We assign a fundamental rating of 5 out of 10 to ICE. ICE was compared to 237 industry peers in the Capital Markets industry. While ICE belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. ICE is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- ICE had positive earnings in the past year.
- ICE had a positive operating cash flow in the past year.
- ICE had positive earnings in each of the past 5 years.
- In the past 5 years ICE always reported a positive cash flow from operatings.
1.2 Ratios
- ICE has a Return On Assets of 2.42%. This is comparable to the rest of the industry: ICE outperforms 46.84% of its industry peers.
- With a decent Return On Equity value of 11.46%, ICE is doing good in the industry, outperforming 67.93% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 7.19%, ICE is in the better half of the industry, outperforming 79.75% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for ICE is in line with the industry average of 7.29%.
- The 3 year average ROIC (6.57%) for ICE is below the current ROIC(7.19%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.42% | ||
| ROE | 11.46% | ||
| ROIC | 7.19% |
ROA(3y)2.05%
ROA(5y)1.8%
ROE(3y)10.21%
ROE(5y)10.97%
ROIC(3y)6.57%
ROIC(5y)6.56%
1.3 Margins
- ICE has a better Profit Margin (26.23%) than 68.35% of its industry peers.
- ICE's Profit Margin has been stable in the last couple of years.
- ICE has a Operating Margin of 39.55%. This is in the better half of the industry: ICE outperforms 70.89% of its industry peers.
- ICE's Operating Margin has been stable in the last couple of years.
- The Gross Margin of ICE (78.57%) is better than 84.39% of its industry peers.
- In the last couple of years the Gross Margin of ICE has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 39.55% | ||
| PM (TTM) | 26.23% | ||
| GM | 78.57% |
OM growth 3Y0.71%
OM growth 5Y0.77%
PM growth 3Y20.45%
PM growth 5Y0.69%
GM growth 3Y1.26%
GM growth 5Y1.42%
2. Health
2.1 Basic Checks
- The number of shares outstanding for ICE has been reduced compared to 1 year ago.
- Compared to 5 years ago, ICE has more shares outstanding
- ICE has a better debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of 0.92, we must say that ICE is in the distress zone and has some risk of bankruptcy.
- ICE's Altman-Z score of 0.92 is in line compared to the rest of the industry. ICE outperforms 55.27% of its industry peers.
- The Debt to FCF ratio of ICE is 5.07, which is a neutral value as it means it would take ICE, 5.07 years of fcf income to pay off all of its debts.
- With a decent Debt to FCF ratio value of 5.07, ICE is doing good in the industry, outperforming 70.04% of the companies in the same industry.
- A Debt/Equity ratio of 0.68 indicates that ICE is somewhat dependend on debt financing.
- ICE has a better Debt to Equity ratio (0.68) than 61.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | 5.07 | ||
| Altman-Z | 0.92 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
- A Current Ratio of 1.02 indicates that ICE should not have too much problems paying its short term obligations.
- ICE has a Current ratio (1.02) which is in line with its industry peers.
- ICE has a Quick Ratio of 1.02. This is a normal value and indicates that ICE is financially healthy and should not expect problems in meeting its short term obligations.
- ICE's Quick ratio of 1.02 is in line compared to the rest of the industry. ICE outperforms 45.99% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.02 | ||
| Quick Ratio | 1.02 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 14.50% over the past year.
- ICE shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.03% yearly.
- The Revenue has been growing slightly by 7.47% in the past year.
- ICE shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.92% yearly.
EPS 1Y (TTM)14.5%
EPS 3Y9.39%
EPS 5Y9.03%
EPS Q2Q%12.5%
Revenue 1Y (TTM)7.47%
Revenue growth 3Y9.47%
Revenue growth 5Y8.92%
Sales Q2Q%7.79%
3.2 Future
- Based on estimates for the next years, ICE will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.95% on average per year.
- Based on estimates for the next years, ICE will show a small growth in Revenue. The Revenue will grow by 6.72% on average per year.
EPS Next Y9.06%
EPS Next 2Y10.35%
EPS Next 3Y11.23%
EPS Next 5Y11.95%
Revenue Next Year5.62%
Revenue Next 2Y5.81%
Revenue Next 3Y5.64%
Revenue Next 5Y6.72%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 22.17, the valuation of ICE can be described as rather expensive.
- ICE's Price/Earnings ratio is a bit more expensive when compared to the industry. ICE is more expensive than 66.24% of the companies in the same industry.
- When comparing the Price/Earnings ratio of ICE to the average of the S&P500 Index (27.27), we can say ICE is valued inline with the index average.
- With a Price/Forward Earnings ratio of 20.33, ICE is valued on the expensive side.
- ICE's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. ICE is more expensive than 60.76% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 28.16, ICE is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.17 | ||
| Fwd PE | 20.33 |
4.2 Price Multiples
- 78.48% of the companies in the same industry are more expensive than ICE, based on the Enterprise Value to EBITDA ratio.
- 61.18% of the companies in the same industry are more expensive than ICE, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.61 | ||
| EV/EBITDA | 16.15 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- The decent profitability rating of ICE may justify a higher PE ratio.
PEG (NY)2.45
PEG (5Y)2.45
EPS Next 2Y10.35%
EPS Next 3Y11.23%
5. Dividend
5.1 Amount
- ICE has a Yearly Dividend Yield of 1.39%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 6.04, ICE is paying slightly less dividend.
- Compared to the average S&P500 Dividend Yield of 1.85, ICE is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.39% |
5.2 History
- The dividend of ICE is nicely growing with an annual growth rate of 10.05%!
- ICE has paid a dividend for at least 10 years, which is a reliable track record.
- ICE has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)10.05%
Div Incr Years12
Div Non Decr Years12
5.3 Sustainability
- ICE pays out 33.33% of its income as dividend. This is a sustainable payout ratio.
- ICE's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP33.33%
EPS Next 2Y10.35%
EPS Next 3Y11.23%
154.11
-1.08 (-0.7%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)02-05 2026-02-05/bmo
Earnings (Next)04-29 2026-04-29/bmo
Inst Owners94.47%
Inst Owner Change-0.68%
Ins Owners0.9%
Ins Owner Change3.78%
Market Cap87.52B
Revenue(TTM)12.64B
Net Income(TTM)3.31B
Analysts80.95
Price Target196.26 (27.35%)
Short Float %1.44%
Short Ratio2.16
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.39% |
Yearly Dividend1.94
Dividend Growth(5Y)10.05%
DP33.33%
Div Incr Years12
Div Non Decr Years12
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.32%
Min EPS beat(2)1.24%
Max EPS beat(2)5.39%
EPS beat(4)3
Avg EPS beat(4)1.96%
Min EPS beat(4)-0.05%
Max EPS beat(4)5.39%
EPS beat(8)5
Avg EPS beat(8)0.99%
EPS beat(12)8
Avg EPS beat(12)1.44%
EPS beat(16)10
Avg EPS beat(16)1.29%
Revenue beat(2)1
Avg Revenue beat(2)-0.57%
Min Revenue beat(2)-1.27%
Max Revenue beat(2)0.12%
Revenue beat(4)1
Avg Revenue beat(4)-0.57%
Min Revenue beat(4)-1.27%
Max Revenue beat(4)0.12%
Revenue beat(8)1
Avg Revenue beat(8)-0.93%
Revenue beat(12)1
Avg Revenue beat(12)-0.96%
Revenue beat(16)5
Avg Revenue beat(16)7.05%
PT rev (1m)1.64%
PT rev (3m)-3.11%
EPS NQ rev (1m)4.55%
EPS NQ rev (3m)5.07%
EPS NY rev (1m)-0.07%
EPS NY rev (3m)-0.24%
Revenue NQ rev (1m)5.05%
Revenue NQ rev (3m)5.61%
Revenue NY rev (1m)-0.09%
Revenue NY rev (3m)-0.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.17 | ||
| Fwd PE | 20.33 | ||
| P/S | 6.92 | ||
| P/FCF | 22.61 | ||
| P/OCF | 18.77 | ||
| P/B | 3.03 | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.15 |
EPS(TTM)6.95
EY4.51%
EPS(NY)7.58
Fwd EY4.92%
FCF(TTM)6.82
FCFY4.42%
OCF(TTM)8.21
OCFY5.33%
SpS22.26
BVpS50.92
TBVpS-30.08
PEG (NY)2.45
PEG (5Y)2.45
Graham Number89.23
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.42% | ||
| ROE | 11.46% | ||
| ROCE | 9.47% | ||
| ROIC | 7.19% | ||
| ROICexc | 7.3% | ||
| ROICexgc | 55.5% | ||
| OM | 39.55% | ||
| PM (TTM) | 26.23% | ||
| GM | 78.57% | ||
| FCFM | 30.63% |
ROA(3y)2.05%
ROA(5y)1.8%
ROE(3y)10.21%
ROE(5y)10.97%
ROIC(3y)6.57%
ROIC(5y)6.56%
ROICexc(3y)6.68%
ROICexc(5y)6.7%
ROICexgc(3y)83.33%
ROICexgc(5y)66.03%
ROCE(3y)8.67%
ROCE(5y)8.63%
ROICexgc growth 3Y20.8%
ROICexgc growth 5Y-0.21%
ROICexc growth 3Y3.14%
ROICexc growth 5Y3.78%
OM growth 3Y0.71%
OM growth 5Y0.77%
PM growth 3Y20.45%
PM growth 5Y0.69%
GM growth 3Y1.26%
GM growth 5Y1.42%
F-Score7
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | 5.07 | ||
| Debt/EBITDA | 2.99 | ||
| Cap/Depr | 50.71% | ||
| Cap/Sales | 6.26% | ||
| Interest Coverage | 6.54 | ||
| Cash Conversion | 71.08% | ||
| Profit Quality | 116.77% | ||
| Current Ratio | 1.02 | ||
| Quick Ratio | 1.02 | ||
| Altman-Z | 0.92 |
F-Score7
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)46.63%
Cap/Depr(5y)46.29%
Cap/Sales(3y)5.86%
Cap/Sales(5y)5.5%
Profit Quality(3y)128.58%
Profit Quality(5y)132.8%
High Growth Momentum
Growth
EPS 1Y (TTM)14.5%
EPS 3Y9.39%
EPS 5Y9.03%
EPS Q2Q%12.5%
EPS Next Y9.06%
EPS Next 2Y10.35%
EPS Next 3Y11.23%
EPS Next 5Y11.95%
Revenue 1Y (TTM)7.47%
Revenue growth 3Y9.47%
Revenue growth 5Y8.92%
Sales Q2Q%7.79%
Revenue Next Year5.62%
Revenue Next 2Y5.81%
Revenue Next 3Y5.64%
Revenue Next 5Y6.72%
EBIT growth 1Y13.28%
EBIT growth 3Y10.24%
EBIT growth 5Y9.76%
EBIT Next Year17.6%
EBIT Next 3Y9.46%
EBIT Next 5Y10.22%
FCF growth 1Y0.36%
FCF growth 3Y8.01%
FCF growth 5Y9.39%
OCF growth 1Y1.15%
OCF growth 3Y9.47%
OCF growth 5Y10.1%
INTERCONTINENTAL EXCHANGE IN / ICE FAQ
What is the fundamental rating for ICE stock?
ChartMill assigns a fundamental rating of 5 / 10 to ICE.
Can you provide the valuation status for INTERCONTINENTAL EXCHANGE IN?
ChartMill assigns a valuation rating of 3 / 10 to INTERCONTINENTAL EXCHANGE IN (ICE). This can be considered as Overvalued.
What is the profitability of ICE stock?
INTERCONTINENTAL EXCHANGE IN (ICE) has a profitability rating of 7 / 10.
What are the PE and PB ratios of INTERCONTINENTAL EXCHANGE IN (ICE) stock?
The Price/Earnings (PE) ratio for INTERCONTINENTAL EXCHANGE IN (ICE) is 22.17 and the Price/Book (PB) ratio is 3.03.
What is the expected EPS growth for INTERCONTINENTAL EXCHANGE IN (ICE) stock?
The Earnings per Share (EPS) of INTERCONTINENTAL EXCHANGE IN (ICE) is expected to grow by 9.06% in the next year.