Intercontinental Exchange Inc. (ICE): Valuation

TTM figures as of June 30, 2026

Intercontinental Exchange Inc. trades at 21.9 times trailing earnings and a 5.75% free-cash-flow yield. On P/E that is higher than 35% of its own month-end history back to 2012. The Financial Services median P/E is 14.5.

Earnings yield 4.57%. Shareholder yield 3.55%. ROIC 8.5%. Net debt $20.0B.

165 month-end valuation observations are on file, starting December 2012.

Sector comparison uses 3659 Financial Services names.

Frequently asked questions

Is ICE cheap versus its own history?

Intercontinental Exchange Inc. trades at 21.9 times trailing earnings and a 5.75% free-cash-flow yield. On P/E that is higher than 35% of its own month-end history back to 2012. The Financial Services median P/E is 14.5.

What is ICE's free-cash-flow yield?

Intercontinental Exchange Inc. currently yields 5.75% of market cap as trailing free cash flow.

Where do these valuation figures come from?

Yields and quality metrics are computed from the same SEC TTM figures as the financials page, against the live market cap. Historical bands reconstruct month-end market cap from split-adjusted closes and the share count in the units it was filed, then divide by those dollar totals. Nothing here is a third-party estimate.

Source: SEC filings for the fundamentals; split-adjusted Yahoo closes and recorded stock splits for historical market cap.

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