INTERCONTINENTAL EXCHANGE IN (ICE) Fundamental Analysis & Valuation

NYSE:ICE • US45866F1049

Current stock price

154.75 USD
-3.34 (-2.11%)
At close:
154.45 USD
-0.3 (-0.19%)
After Hours:

This ICE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

7

1. ICE Profitability Analysis

1.1 Basic Checks

  • In the past year ICE was profitable.
  • ICE had a positive operating cash flow in the past year.
  • Each year in the past 5 years ICE has been profitable.
  • Each year in the past 5 years ICE had a positive operating cash flow.
ICE Yearly Net Income VS EBIT VS OCF VS FCFICE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B

1.2 Ratios

  • ICE has a Return On Assets (2.42%) which is comparable to the rest of the industry.
  • The Return On Equity of ICE (11.46%) is better than 65.69% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 7.19%, ICE is in the better half of the industry, outperforming 74.90% 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 7.31%.
  • The last Return On Invested Capital (7.19%) for ICE is above the 3 year average (6.57%), which is a sign of increasing profitability.
Industry RankSector 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%
ICE Yearly ROA, ROE, ROICICE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15

1.3 Margins

  • Looking at the Profit Margin, with a value of 26.23%, ICE is in the better half of the industry, outperforming 64.85% of the companies in the same industry.
  • In the last couple of years the Profit Margin of ICE has remained more or less at the same level.
  • ICE's Operating Margin of 39.55% is fine compared to the rest of the industry. ICE outperforms 70.29% of its industry peers.
  • ICE's Operating Margin has been stable in the last couple of years.
  • Looking at the Gross Margin, with a value of 78.57%, ICE belongs to the top of the industry, outperforming 84.52% of the companies in the same industry.
  • ICE's Gross Margin has been stable in the last couple of years.
Industry RankSector 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%
ICE Yearly Profit, Operating, Gross MarginsICE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60 80

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4

2. ICE Health Analysis

2.1 Basic Checks

  • Compared to 1 year ago, ICE has less shares outstanding
  • ICE has more shares outstanding than it did 5 years ago.
  • ICE has a better debt/assets ratio than last year.
ICE Yearly Shares OutstandingICE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M 500M
ICE Yearly Total Debt VS Total AssetsICE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50B 100B 150B

2.2 Solvency

  • ICE has an Altman-Z score of 0.93. This is a bad value and indicates that ICE is not financially healthy and even has some risk of bankruptcy.
  • The Altman-Z score of ICE (0.93) is comparable to the rest of the industry.
  • ICE has a debt to FCF ratio of 5.07. This is a neutral value as ICE would need 5.07 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 5.07, ICE is in the better half of the industry, outperforming 67.78% 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 Debt to Equity ratio of 0.68. This is in the better half of the industry: ICE outperforms 63.18% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.68
Debt/FCF 5.07
Altman-Z 0.93
ROIC/WACCN/A
WACCN/A
ICE Yearly LT Debt VS Equity VS FCFICE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B 20B 25B

2.3 Liquidity

  • A Current Ratio of 1.02 indicates that ICE should not have too much problems paying its short term obligations.
  • ICE's Current ratio of 1.02 is in line compared to the rest of the industry. ICE outperforms 44.35% of 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 has a Quick ratio (1.02) which is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 1.02
Quick Ratio 1.02
ICE Yearly Current Assets VS Current LiabilitesICE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50B 100B 150B

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6

3. ICE Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 20.13% 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.
  • The Revenue has been growing by 8.92% on average over the past years. This is quite good.
EPS 1Y (TTM)20.13%
EPS 3Y9.39%
EPS 5Y9.03%
EPS Q2Q%36.63%
Revenue 1Y (TTM)7.47%
Revenue growth 3Y9.47%
Revenue growth 5Y8.92%
Sales Q2Q%20.38%

3.2 Future

  • The Earnings Per Share is expected to grow by 12.68% on average over the next years. This is quite good.
  • ICE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.24% yearly.
EPS Next Y12.31%
EPS Next 2Y11.63%
EPS Next 3Y11.24%
EPS Next 5Y12.68%
Revenue Next Year9.54%
Revenue Next 2Y7.12%
Revenue Next 3Y6.67%
Revenue Next 5Y6.24%

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.
ICE Yearly Revenue VS EstimatesICE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2B 4B 6B 8B 10B
ICE Yearly EPS VS EstimatesICE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2 4 6 8 10

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3

4. ICE Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 20.42, ICE is valued on the expensive side.
  • Compared to the rest of the industry, the Price/Earnings ratio of ICE indicates a slightly more expensive valuation: ICE is more expensive than 64.02% of the companies listed in the same industry.
  • When comparing the Price/Earnings ratio of ICE to the average of the S&P500 Index (26.64), we can say ICE is valued slightly cheaper.
  • A Price/Forward Earnings ratio of 17.87 indicates a rather expensive valuation of ICE.
  • The rest of the industry has a similar Price/Forward Earnings ratio as ICE.
  • ICE's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 21.36.
Industry RankSector Rank
PE 20.42
Fwd PE 17.87
ICE Price Earnings VS Forward Price EarningsICE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, ICE is valued a bit cheaper than 72.38% of the companies in the same industry.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as ICE.
Industry RankSector Rank
P/FCF 22.64
EV/EBITDA 16.36
ICE Per share dataICE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 -20 40

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • ICE has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.66
PEG (5Y)2.26
EPS Next 2Y11.63%
EPS Next 3Y11.24%

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6

5. ICE Dividend Analysis

5.1 Amount

  • ICE has a Yearly Dividend Yield of 1.32%.
  • ICE's Dividend Yield is slightly below the industry average, which is at 6.46.
  • Compared to the average S&P500 Dividend Yield of 1.80, ICE is paying slightly less dividend.
Industry RankSector Rank
Dividend Yield 1.32%

5.2 History

  • On average, the dividend of ICE grows each year by 10.05%, which is quite nice.
  • ICE has been paying a dividend for at least 10 years, so it has 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
ICE Yearly Dividends per shareICE Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5

5.3 Sustainability

  • 33.33% of the earnings are spent on dividend by ICE. This is a low number and sustainable payout ratio.
  • The dividend of ICE is growing, but earnings are growing more, so the dividend growth is sustainable.
DP33.33%
EPS Next 2Y11.63%
EPS Next 3Y11.24%
ICE Yearly Income VS Free CF VS DividendICE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B
ICE Dividend Payout.ICE Dividend Payout, showing the Payout Ratio.ICE Dividend Payout.PayoutRetained Earnings

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ICE Fundamentals: All Metrics, Ratios and Statistics

INTERCONTINENTAL EXCHANGE IN

NYSE:ICE (5/1/2026, 8:04:00 PM)

After market: 154.45 -0.3 (-0.19%)

154.75

-3.34 (-2.11%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Industry Strength14.91
Industry Growth55.9
Earnings (Last)04-30
Earnings (Next)07-29
Inst Owners94.42%
Inst Owner Change0.02%
Ins Owners0.79%
Ins Owner Change-1.58%
Market Cap87.66B
Revenue(TTM)12.64B
Net Income(TTM)3.31B
Analysts81.9
Price Target203.59 (31.56%)
Short Float %1.22%
Short Ratio2.02
Dividend
Industry RankSector Rank
Dividend Yield 1.32%
Yearly Dividend1.94
Dividend Growth(5Y)10.05%
DP33.33%
Div Incr Years12
Div Non Decr Years12
Ex-Date06-15
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)1.21%
PT rev (3m)5.17%
EPS NQ rev (1m)14.21%
EPS NQ rev (3m)22.55%
EPS NY rev (1m)1.28%
EPS NY rev (3m)3.03%
Revenue NQ rev (1m)3.24%
Revenue NQ rev (3m)10.38%
Revenue NY rev (1m)1.62%
Revenue NY rev (3m)3.71%
Valuation
Industry RankSector Rank
PE 20.42
Fwd PE 17.87
P/S 6.93
P/FCF 22.64
P/OCF 18.8
P/B 3.03
P/tB N/A
EV/EBITDA 16.36
EPS(TTM)7.58
EY4.9%
EPS(NY)8.66
Fwd EY5.6%
FCF(TTM)6.83
FCFY4.42%
OCF(TTM)8.23
OCFY5.32%
SpS22.32
BVpS51.05
TBVpS-30.16
PEG (NY)1.66
PEG (5Y)2.26
Graham Number93.307 (-39.7%)
Profitability
Industry RankSector 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 RankSector 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 0.93
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)20.13%
EPS 3Y9.39%
EPS 5Y9.03%
EPS Q2Q%36.63%
EPS Next Y12.31%
EPS Next 2Y11.63%
EPS Next 3Y11.24%
EPS Next 5Y12.68%
Revenue 1Y (TTM)7.47%
Revenue growth 3Y9.47%
Revenue growth 5Y8.92%
Sales Q2Q%20.38%
Revenue Next Year9.54%
Revenue Next 2Y7.12%
Revenue Next 3Y6.67%
Revenue Next 5Y6.24%
EBIT growth 1Y13.28%
EBIT growth 3Y10.24%
EBIT growth 5Y9.76%
EBIT Next Year21.16%
EBIT Next 3Y11.19%
EBIT Next 5Y9.07%
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 Fundamental Analysis 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.


How profitable is INTERCONTINENTAL EXCHANGE IN (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 20.42 and the Price/Book (PB) ratio is 3.03.


Can you provide the financial health for ICE stock?

The financial health rating of INTERCONTINENTAL EXCHANGE IN (ICE) is 4 / 10.