US · USD
ICE
Intercontinental Exchange Inc
- Day's range
- $150.57 – $153.31
- Day's volume
- $408.5M
- 52-week range
- $122.50 – $173.31
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See how ICE weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountICE in numbers
- Market cap
- $85B
- P/E
- 21.06
- P/B
- 2.88
- Dividend yield (12m)
- 1.35%
- Net debt/EBITDA
- 3.02
The 12-month dividend yield of ICE is 1.35%, above its 5-year average of 1.23%.
ICE price history
ICE risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | -8.56% | +43.44% | +41.42% |
| Volatility (annualized) | 37.30% | 26.35% | 26.80% |
| Largest drawdown | -28.66% | -32.54% | -33.89% |
| Positive months | 6/12 | 19/36 | 32/60 |
How much did investing in ICE return?
$1,000.00 invested on 09/01/2021 would be worth $1,414.18 today.
- Value today in ICE
- $1,414.18
- Return over the period
- +41.42%
- Return per year
- +7.18%
- In the S&P 500
- $1,776.31
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
ICE fundamentals
Valuation
- P/E21.06
- P/B2.88
- EV/EBITDA15.14
- EV/EBIT19.43
- EV/Revenue7.91
- P/EBIT15.55
- P/S6.33
- P/OCF15.42
- P/FCF16.75
- Earnings yield5.15%
- PEG ratio—
- Earnings per share$7.19
- Book value per share$52.64
Debt
- Net debt$21.2B
- Net debt/EBITDA3.02
- Net debt/Equity0.72
- Debt/Equity0.75
- Current ratio1.01
- Quick ratio—
- Cash ratio0.01
Efficiency
- Gross margin—
- EBITDA margin52.26%
- Operating margin40.72%
- Net margin30.08%
- Asset turnover0.08
Profitability
- ROE13.66%
- ROA2.32%
- ROIC8.28%
- Payout28.36%
Growth
- Revenue CAGR (5 years)9.00%
- Earnings CAGR (5 years)7.49%
- Revenue growth (year)—
- Earnings growth (year)—
- Revenue growth (quarter)—
- Earnings growth (quarter)—
What is ICE's fair price?
Two classic value formulas, with today's numbers. The current price is $151.47.
- Graham's fair price
- $92.30
- 39.07% below the price
√(22.50 × $7.19 × $52.64)
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- $27.47
- 81.87% below the price
$1.65 (5-year average) ÷ 6%
Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.
Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.
ICE's indicators by year
Multiples at each year's closing price; margins and returns from that year's statements.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E | 27.75 | 31.09 | 31.06 | 39.65 | 18.94 | 31.00 | 26.50 | 21.54 |
| P/B | 3.18 | 3.10 | 2.86 | 2.52 | 3.38 | 3.32 | 2.97 | 2.49 |
| EV/EBITDA | 17.39 | 18.59 | 20.20 | 15.78 | 20.79 | 22.60 | 18.61 | 16.23 |
| Dividend yield | 1.19% | 1.21% | 1.31% | 1.48% | 0.97% | 1.04% | 1.19% | 1.27% |
| Earnings per share | $5.84 | $4.79 | $4.14 | $2.59 | $7.22 | $3.72 | $3.49 | $3.50 |
| Book value per share | $50.92 | $48.12 | $44.91 | $40.63 | $40.42 | $34.71 | $31.18 | $30.26 |
| ROE | 11.46% | 9.96% | 9.21% | 6.37% | 17.87% | 10.71% | 11.20% | 11.56% |
| ROIC | 7.68% | 6.56% | 6.06% | 7.72% | 6.39% | 5.74% | 7.51% | 8.02% |
| EBITDA margin | 51.34% | 49.71% | 49.57% | 48.45% | 48.63% | 45.90% | 50.94% | 50.49% |
| Net margin | 26.23% | 23.42% | 23.91% | 15.01% | 44.26% | 25.34% | 29.52% | 31.68% |
| Net debt/EBITDA | 3.22 | 3.95 | 5.22 | 3.50 | 3.55 | 5.49 | 3.26 | 2.72 |
ICE's financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | $12.6B | $11.8B | $9.9B | $9.6B | $9.2B | $8.2B |
| Cost of revenue | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — |
| EBITDA | $6.5B | $5.8B | $4.9B | $4.7B | $4.5B | $3.8B |
| EBIT | $4.9B | $4.3B | $3.7B | $3.6B | $3.4B | $3B |
| Financial result | -$583M | -$681M | -$800M | -$1.8B | $2.2B | -$267M |
| Income before tax | $4.3B | $3.6B | $2.9B | $1.8B | $5.7B | $2.8B |
| Income tax | -$976M | -$826M | -$456M | -$310M | -$1.6B | -$658M |
| Net income | $3.3B | $2.8B | $2.4B | $1.4B | $4.1B | $2.1B |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does ICE pay dividends?
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 12/15/2026 | 12/31/2026 | $0.52 |
Dividend yield per year
- 1.13%2017
- 1.27%2018
- 1.19%2019
- 1.04%2020
- 0.97%2021
- 1.48%2022
- 1.31%2023
- 1.21%2024
- 1.19%2025
- 1.03%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 09/15/2026 | 09/30/2026 | $0.52 |
| Dividend | 06/12/2026 | 06/30/2026 | $0.52 |
| Dividend | 03/16/2026 | 03/31/2026 | $0.52 |
| Dividend | 12/15/2025 | 12/31/2025 | $0.48 |
| Dividend | 09/15/2025 | 09/30/2025 | $0.48 |
| Dividend | 06/12/2025 | 06/30/2025 | $0.48 |
| Dividend | 03/14/2025 | 03/31/2025 | $0.48 |
| Dividend | 12/13/2024 | 12/31/2024 | $0.45 |
| Dividend | 09/13/2024 | 09/30/2024 | $0.45 |
| Dividend | 06/12/2024 | 06/28/2024 | $0.45 |
| Dividend | 03/13/2024 | 03/29/2024 | $0.45 |
| Dividend | 12/12/2023 | 12/29/2023 | $0.42 |
See all 40 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 09/13/2023 | 09/29/2023 | $0.42 |
| Dividend | 06/13/2023 | 06/30/2023 | $0.42 |
| Dividend | 03/15/2023 | 03/31/2023 | $0.42 |
| Dividend | 12/13/2022 | 12/30/2022 | $0.38 |
| Dividend | 09/14/2022 | 09/30/2022 | $0.38 |
| Dividend | 06/13/2022 | 06/30/2022 | $0.38 |
| Dividend | 03/15/2022 | 03/31/2022 | $0.38 |
| Dividend | 12/15/2021 | 12/31/2021 | $0.33 |
| Dividend | 09/14/2021 | 09/30/2021 | $0.33 |
| Dividend | 06/14/2021 | 06/30/2021 | $0.33 |
| Dividend | 03/15/2021 | 03/31/2021 | $0.33 |
| Dividend | 12/14/2020 | 12/31/2020 | $0.30 |
| Dividend | 09/14/2020 | 09/30/2020 | $0.30 |
| Dividend | 06/12/2020 | 06/30/2020 | $0.30 |
| Dividend | 03/13/2020 | 03/31/2020 | $0.30 |
| Dividend | 12/12/2019 | 12/31/2019 | $0.28 |
| Dividend | 09/12/2019 | 09/30/2019 | $0.28 |
| Dividend | 06/12/2019 | 06/28/2019 | $0.28 |
| Dividend | 03/13/2019 | 03/29/2019 | $0.28 |
| Dividend | 12/12/2018 | 12/31/2018 | $0.24 |
| Dividend | 09/11/2018 | 09/28/2018 | $0.24 |
| Dividend | 06/12/2018 | 06/29/2018 | $0.24 |
| Dividend | 03/13/2018 | 03/29/2018 | $0.24 |
| Dividend | 12/12/2017 | 12/29/2017 | $0.20 |
| Dividend | 09/13/2017 | 09/29/2017 | $0.20 |
| Dividend | 06/13/2017 | 06/30/2017 | $0.20 |
| Dividend | 03/13/2017 | 03/31/2017 | $0.20 |
| Dividend | 12/12/2016 | 12/30/2016 | $0.17 |
About Intercontinental Exchange
- Sector
- Finance, insurance and real estate
Questions about ICE
How much is ICE today?
ICE is at $151.47 (-0.37% on the day), last traded on 10/01/2026.
How much did ICE pay in dividends in 2025?
ICE paid $1.92 per share in 2025, a dividend yield of 1.19%.
When is the next ICE dividend?
The next announced payment is $0.52 per share on 12/31/2026.
What are the P/E and P/B of ICE?
ICE trades at a P/E of 21.06 and a P/B of 2.88.
How much did ICE return in 12 months?
ICE returned -8.56% in 12 months, with annualized volatility of 37.30% and a largest drawdown of -28.66%.