Intercontinental Exchange, Inc. · Security & Commodity Brokers, Dealers, Exchanges & Services

ICE

Low riskNext report: In 2 days (est.)

View price ↗

The short version

A profitable company with growing sales.

Going well

Sales up 11% in the latest quarter vs a year ago
Profitable every year for 10 years
Brings in more cash than it spends

Money moves

No insider buying or selling in the last 30 days
Institutions added 1.8% to their holdings in the quarter ending June 2026 (714 bought, 878 sold)
Held by Ray Dalio (Bridgewater)

Facts from SEC filings, not a recommendation.

What the price means

Price as of Oct 26

$160.03-1.6% that day

Company value: $89.8B; Share price times all shares
Price vs profit (P/E): 22.6x; You pay about $23 for each $1 of yearly profit
Price vs sales: 6.7x; Company value is 6.7 times a year of sales
Dividend yield: 1.2%; Yearly dividend as a share of today's price
Cash vs value: 1%; Cash as a share of company value
Debt vs value: 22%; Debt as a share of company value

From ICE's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.

The business over time

Last 12 quarters, from SEC filings

Sales, Jun '26

$3.6B+11% vs a year earlier

Sep '23Tap a barJun '26

Last 12 months: $13.4B, up 6.9% from the 12 months before. Over 5 years, sales grew about 8.9% a year.

What the price assumes

Your guesses, our math

Move the sliders to your own view of ICE. Starting points are the company's recent numbers.

Sales growth+7% a yearRecently: +6.9% a yearProfit margin30%Last 12 months: 30.1%P/E at the end23xToday: 22.6x. Many steady companies trade at 12x to 25xShare count change+1% a yearBelow zero means buybacks; above zero means new shares (dilution)

Sales in 5 years$18.8B

Profit in 5 years$5.6B

Price these guesses point to$220.21+38% vs $160.03 todayAbout +6.6% a year, before dividends

What today's price needs: with a 30% margin and a 23x P/E, sales would have to grow about 0.4% a year for 5 years just to match today's price.

Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.

Price

Price chart by TradingView.

Business quality

The checklist Warren Buffett-style investors use. Annual numbers for 2025.

3/6Mixed

MissReturn on equity 15%+Earns a lot on the money owners have in the business.11.7%
MissDebt under half of equityNot relying on borrowed money.0.68x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.26.2%
PassProfitable every yearSteady profits, not one good year.10 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$4.3B
MissShare count not growingNot diluting owners. Falling means buybacks.+2.5% in 3 years

Revenue: $12.6B; +7.5% vs prior year
5-year growth: +8.9%/yr; revenue, per year
Total debt: $19.6B; 0.68x equity
Free cash flow: $4.3B; 33.9% of revenue

From annual reports filed with the SEC. Gross margin doesn't apply to banks and insurers, so it isn't scored. A checklist is a starting point for research, not a verdict.