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Net margin at other companies

Nasdaq, Inc. logo
Nasdaq, Inc.NDAQ
23%+6.7pp
CME Group logo
CME GroupCME
63.6%+5.9pp
Cboe Global Markets logo
Cboe Global MarketsCBOE
25.8%+7.2pp
Coinbase Global, Inc. logo
Coinbase Global, Inc.COIN
41.9%+12.2pp
Tradeweb Markets Inc. logo
Tradeweb Markets Inc.TW
40.3%+11.6pp
S&P Global logo
S&P GlobalSPGI
30.4%+3.1pp

Other financials

Income statement

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Revenue$3.7B+13.5%
Operating income$1.7B+36.4%
Net income$1.4B+77.3%
EPS (diluted)$2.48+79.7%

Balance sheet

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Cash & equivalents$863.0M+10.2%
Total debt$21.0B+1.8%
Total equity$29.5B+5.4%
Total assets$179.18B+25.4%

Cash flow

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Operating cash flow$1.3B+37.3%
CapEx$64.0M-24.7%
Free cash flow$1.3B+43.3%

Valuation

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Market cap$76.11B-9.9%
Enterprise value$96.23B-8.0%
P/E19.4×-11.0×
P/S5.8×-1.1×

Profitability

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Operating margin41.1%+4.4pp

Returns & leverage

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Return on equity13.7%+3.4pp
Debt / equity0.7×0.0×
Current ratio0.0×

Where this comes from

Calculated from Intercontinental Exchange’s reported figures.

Based on trailing twelve months.

The official record: Intercontinental Exchange’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Intercontinental Exchange's net margin?
Intercontinental Exchange (ICE) reported net margin of 30.1% in Q1 2026.
How has Intercontinental Exchange's net margin changed year-over-year?
Intercontinental Exchange's net margin increased by 31.6% year-over-year, from 22.8% to 30.1%.
What is the long-term trend for Intercontinental Exchange's net margin?
Over 4 years (2021 to 2025), Intercontinental Exchange's net margin has grown at a -7.6% compound annual growth rate (CAGR), from 134.6% to 98.2%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.