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Intercontinental Exchange Inc. (ICE)
NYSE:ICE
US Market
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Intercontinental Exchange (ICE) Ratios

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Intercontinental Exchange Ratios

ICE's free cash flow for Q3 2025 was $0.70. For the 2025 fiscal year, ICE's free cash flow was decreased by $ and operating cash flow was $0.47. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
1.01 1.00 1.05 1.01 0.99
Quick Ratio
1.01 1.00 0.02 0.05 0.02
Cash Ratio
0.02 0.01 0.01 <0.01 <0.01
Solvency Ratio
0.04 0.03 0.04 0.06 0.06
Operating Cash Flow Ratio
0.05 0.04 0.02 0.02 0.03
Short-Term Operating Cash Flow Coverage
2.94 1.81 888.50 2.05 1.19
Net Current Asset Value
$ -21.35B$ -25.32B$ -14.63B$ -16.45B$ -19.35B
Leverage Ratios
Debt-to-Assets Ratio
0.14 0.17 0.09 0.07 0.13
Debt-to-Equity Ratio
0.68 0.89 0.81 0.62 0.86
Debt-to-Capital Ratio
0.41 0.47 0.45 0.38 0.46
Long-Term Debt-to-Capital Ratio
0.38 0.45 0.44 0.35 0.42
Financial Leverage Ratio
4.92 5.29 8.56 8.52 6.47
Debt Service Coverage Ratio
2.21 1.61 7.25 2.16 1.16
Interest Coverage Ratio
6.85 4.57 4.09 14.71 8.50
Debt to Market Cap
0.23 0.31 0.32 0.18 0.26
Interest Debt Per Share
35.53 42.06 33.97 25.97 31.18
Net Debt to EBITDA
2.72 4.50 3.45 2.33 4.20
Profitability Margins
Gross Profit Margin
63.70%57.14%53.99%54.73%52.15%
EBIT Margin
40.81%37.38%25.16%66.76%37.88%
EBITDA Margin
53.80%49.44%49.84%63.49%46.99%
Operating Profit Margin
46.31%37.30%26.12%67.88%36.79%
Pretax Profit Margin
35.46%29.22%18.76%62.15%33.55%
Net Profit Margin
26.93%23.91%15.01%44.26%25.34%
Continuous Operations Profit Margin
27.39%24.62%15.55%44.38%25.57%
Net Income Per EBT
75.96%81.82%79.98%71.22%75.52%
EBT Per EBIT
76.56%78.34%71.83%91.56%91.20%
Return on Assets (ROA)
2.29%1.74%0.74%2.10%1.66%
Return on Equity (ROE)
11.47%9.21%6.37%17.87%10.71%
Return on Capital Employed (ROCE)
10.87%7.18%5.57%15.52%7.94%
Return on Invested Capital (ROIC)
8.14%5.83%4.62%10.68%5.69%
Return on Tangible Assets
3.42%2.68%0.90%2.56%2.31%
Earnings Yield
3.86%3.27%2.52%5.28%3.28%
Efficiency Ratios
Receivables Turnover
7.78 7.25 8.24 7.59 6.70
Payables Turnover
0.00 4.23 5.12 5.90 6.17
Inventory Turnover
0.00 0.00 0.03 0.03 0.05
Fixed Asset Turnover
4.97 5.15 5.45 5.40 4.81
Asset Turnover
0.09 0.07 0.05 0.05 0.07
Working Capital Turnover Ratio
15.08 2.44 2.22 168.22 -10.20
Cash Conversion Cycle
46.92 -35.91 12.61K 12.91K 7.87K
Days of Sales Outstanding
46.92 50.35 44.28 48.09 54.46
Days of Inventory Outstanding
0.00 0.00 12.64K 12.93K 7.87K
Days of Payables Outstanding
0.00 86.26 71.29 61.83 59.12
Operating Cycle
46.92 50.35 12.68K 12.97K 7.93K
Cash Flow Ratios
Operating Cash Flow Per Share
8.55 6.28 6.36 5.56 5.22
Free Cash Flow Per Share
7.71 5.41 5.50 4.75 4.48
CapEx Per Share
0.84 0.87 0.86 0.80 0.74
Free Cash Flow to Operating Cash Flow
0.90 0.86 0.86 0.86 0.86
Dividend Paid and CapEx Coverage Ratio
3.77 2.45 2.66 2.60 2.67
Capital Expenditure Coverage Ratio
10.13 7.24 7.37 6.91 7.03
Operating Cash Flow Coverage Ratio
0.25 0.15 0.19 0.22 0.17
Operating Cash Flow to Sales Ratio
0.41 0.36 0.37 0.34 0.35
Free Cash Flow Yield
5.25%4.21%5.36%3.47%3.88%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
25.96 30.59 39.66 18.94 30.46
Price-to-Sales (P/S) Ratio
7.00 7.31 5.95 8.38 7.72
Price-to-Book (P/B) Ratio
2.93 2.82 2.53 3.38 3.26
Price-to-Free Cash Flow (P/FCF) Ratio
19.06 23.73 18.67 28.78 25.75
Price-to-Operating Cash Flow Ratio
17.15 20.45 16.14 24.61 22.09
Price-to-Earnings Growth (PEG) Ratio
4.87 0.49 -0.62 0.21 3.09
Price-to-Fair Value
2.93 2.82 2.53 3.38 3.26
Enterprise Value Multiple
15.73 19.29 15.39 15.53 20.63
Enterprise Value
101.54B 94.45B 73.92B 90.43B 79.91B
EV to EBITDA
15.72 19.29 15.39 15.53 20.63
EV to Sales
8.46 9.54 7.67 9.86 9.69
EV to Free Cash Flow
23.02 30.94 24.06 33.86 32.34
EV to Operating Cash Flow
20.75 26.67 20.80 28.96 27.74
Tangible Book Value Per Share
-30.63 -39.16 -20.47 -21.55 -29.12
Shareholders’ Equity Per Share
50.08 45.60 40.62 40.41 35.32
Tax and Other Ratios
Effective Tax Rate
0.23 0.16 0.17 0.29 0.24
Revenue Per Share
20.98 17.56 17.24 16.31 14.93
Net Income Per Share
5.65 4.20 2.59 7.22 3.78
Tax Burden
0.76 0.82 0.80 0.71 0.76
Interest Burden
0.87 0.78 0.75 0.93 0.89
Research & Development to Revenue
0.00 0.00 <0.01 <0.01 <0.01
SG&A to Revenue
0.03 0.05 0.05 0.05 0.05
Stock-Based Compensation to Revenue
0.01 0.03 0.02 0.02 0.02
Income Quality
2.13 1.45 2.37 0.77 1.37
Currency in USD
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