Intercontinental Exchange ICE Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Operating margin | 151.1%+4.9pp | 146.3%-5.0pp | 151.2%-1.4pp | 152.6%+7.0pp | |
| Net margin | 98.2%+7.8pp | 90.4%+8.7pp | 81.7%-39.7pp | 121.4%-13.2pp | |
| Returns | |||||
| Return on equity | 44.2%+5.5pp | 38.7%+5.3pp | 33.4%-19.0pp | 52.4%-8.0pp | |
| Return on invested capital | 30.3%+2.3pp | 28%-2.4pp | 30.4%+0.7pp | 29.7%+1.3pp | |
| Efficiency | |||||
| Asset turnover | 0.4×0.0× | 0.3×+0.1× | 0.2×0.0× | 0.2×0.0× | |
| Liquidity | |||||
| Current ratio | 4×0.0× | 4×-0.2× | 4.2×0.0× | 4.1×+0.1× | |
| Leverage | |||||
| Debt-to-equity | 2.8×-0.4× | 3.2×-0.2× | 3.4×+0.3× | 3.1×+0.3× | |
| Net debt / EBITDA | 12.2×-3.0× | 15.2×-0.9× | 16.1×+2.0× | 14.1×+0.2× | |
| Per Share | |||||
| Book value per share | $198.14+5.8% | $187.24+7.4% | $174.33+8.0% | $161.37+6.9% | |
| Valuation | |||||
| Market capitalization | $391.64B+17.4% | $333.69B+30.1% | $256.57B+9.5% | $234.3B-13.7% | |
| Price / earnings | 128.5×-5.7× | 134.2×-0.2× | 134.4×+41.2× | 93.2×-0.9× | |
| Price / sales | 31.4×+1.2× | 30.2×+3.7× | 26.5×+1.7× | 24.8×-5.8× | |
| Price / book | 13.8×+1.4× | 12.4×+1.9× | 10.4×+0.1× | 10.3×-2.4× | |
| EV / EBITDA | 74.8×-1.1× | 75.9×+6.0× | 69.9×+5.2× | 64.7×-13.9× | |
| Dividend yield | 4.4%-0.4pp | 4.9%-0.9pp | 5.7%0.0pp | 5.7%+1.4pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- Where do Intercontinental Exchange's ratios come from?
- Every ratio is computed from Intercontinental Exchange's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
