INTERCONTINENTAL EXCHANGE IN (ICE) Stock Fundamental Analysis

NYSE:ICE • US45866F1049

154.01 USD
-0.1 (-0.06%)
At close: Feb 20, 2026
154.1 USD
+0.09 (+0.06%)
After Hours: 2/20/2026, 6:40:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to ICE. ICE was compared to 237 industry peers in the Capital Markets industry. ICE has an excellent profitability rating, but 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.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • In the past year ICE was profitable.
  • ICE had a positive operating cash flow in the past year.
  • ICE had positive earnings in each of the past 5 years.
  • 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 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.
  • ICE has a Return On Invested Capital of 7.19%. This is in the better half of the industry: ICE outperforms 79.75% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years 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

  • ICE has a Profit Margin of 26.23%. This is in the better half of the industry: ICE outperforms 68.35% of its industry peers.
  • ICE's Profit Margin has been stable in the last couple of years.
  • The Operating Margin of ICE (39.55%) is better than 70.89% of its industry peers.
  • ICE's Operating Margin has been stable in the last couple of years.
  • With an excellent Gross Margin value of 78.57%, ICE belongs to the best of the industry, outperforming 84.39% of the companies in the same industry.
  • In the last couple of years the Gross Margin of ICE has remained more or less at the same level.
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

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • ICE has less shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, ICE has more shares outstanding
  • Compared to 1 year ago, ICE has an improved debt to assets ratio.
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 0.92. 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 (0.92) 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.
  • ICE has a better Debt to FCF ratio (5.07) than 69.62% of its industry peers.
  • A Debt/Equity ratio of 0.68 indicates that ICE is somewhat dependend on debt financing.
  • With a decent Debt to Equity ratio value of 0.68, ICE is doing good in the industry, outperforming 61.18% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.68
Debt/FCF 5.07
Altman-Z 0.92
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

  • ICE has a Current 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 Current ratio of 1.02 is in line compared to the rest of the industry. ICE outperforms 45.57% 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'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 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

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an nice 14.50% over the past year.
  • Measured over the past years, ICE shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.03% on average per year.
  • ICE shows a small growth in Revenue. In the last year, the Revenue has grown by 7.47%.
  • The Revenue has been growing by 8.92% on average over the past years. This is quite good.
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.
  • The Revenue is expected to grow by 6.72% on average over the next years.
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.
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

More info and screens

Find the best growth stocksShow best growing peers

3

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 22.16, the valuation of ICE can be described as rather expensive.
  • Compared to the rest of the industry, the Price/Earnings ratio of ICE indicates a slightly more expensive valuation: ICE is more expensive than 66.24% of the companies listed in the same industry.
  • The average S&P500 Price/Earnings ratio is at 26.99. ICE is around the same levels.
  • A Price/Forward Earnings ratio of 20.32 indicates a rather expensive valuation of ICE.
  • 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.
  • ICE is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 28.06, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 22.16
Fwd PE 20.32
ICE Price Earnings VS Forward Price EarningsICE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • 77.64% of the companies in the same industry are more expensive than ICE, based on the Enterprise Value to EBITDA ratio.
  • 60.76% of the companies in the same industry are more expensive than ICE, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 22.59
EV/EBITDA 16.05
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 high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ICE does not grow enough to justify the current Price/Earnings ratio.
  • The decent profitability rating of ICE may justify a higher PE ratio.
PEG (NY)2.44
PEG (5Y)2.45
EPS Next 2Y10.35%
EPS Next 3Y11.23%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 1.39%, ICE has a reasonable but not impressive dividend return.
  • 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 RankSector Rank
Dividend Yield 1.39%

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 their dividend for at least 10 years, which is a reliable track record.
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 0.5 1 1.5

5.3 Sustainability

  • ICE pays out 33.33% of its income as dividend. This is a sustainable payout ratio.
  • The dividend of ICE is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP33.33%
EPS Next 2Y10.35%
EPS Next 3Y11.23%
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

More info and screens

Find the best dividend stocksShow peers with best dividend

INTERCONTINENTAL EXCHANGE IN

NYSE:ICE (2/20/2026, 6:40:00 PM)

After market: 154.1 +0.09 (+0.06%)

154.01

-0.1 (-0.06%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)02-05
Earnings (Next)04-29
Inst Owners94.47%
Inst Owner Change-0.68%
Ins Owners0.9%
Ins Owner Change3.78%
Market Cap87.46B
Revenue(TTM)12.64B
Net Income(TTM)3.31B
Analysts80.95
Price Target196.26 (27.43%)
Short Float %1.44%
Short Ratio2.16
Dividend
Industry RankSector 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 RankSector Rank
PE 22.16
Fwd PE 20.32
P/S 6.92
P/FCF 22.59
P/OCF 18.76
P/B 3.02
P/tB N/A
EV/EBITDA 16.05
EPS(TTM)6.95
EY4.51%
EPS(NY)7.58
Fwd EY4.92%
FCF(TTM)6.82
FCFY4.43%
OCF(TTM)8.21
OCFY5.33%
SpS22.26
BVpS50.92
TBVpS-30.08
PEG (NY)2.44
PEG (5Y)2.45
Graham Number89.23
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 0.92
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 22.16 and the Price/Book (PB) ratio is 3.02.


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.