US · ICE
Intercontinental Exchange, Inc.
- Sector
- Financial Services · Financial - Data & Stock Exchanges
- Headquarters
- Atlanta, GA 30328
- Website
- ice.com
Price · as of 2025-12-31
$154.75
Market cap 93.58B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $144.85 | -6.4% |
| Intrinsic Value(DCF) | $70.46 | -54.47% |
| Graham-Dodd Method(GD) | — | — |
| Graham Formula(GF) | $87.98 | -43.15% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | $24.28 | $74.07 | $0.00 | $10.32 | $31.94 |
| 2012 | $27.16 | $76.29 | $0.00 | $12.23 | $16.35 |
| 2013 | $36.52 | $63.91 | $2.78 | $8.27 | $22.11 |
| 2014 | $39.85 | $74.22 | $1.71 | $7.45 | $263.56 |
| 2015 | $41.56 | $58.40 | $0.00 | $7.43 | $35.29 |
| 2016 | $53.74 | $67.35 | $0.00 | $7.46 | $82.99 |
| 2017 | $68.37 | $75.73 | $0.00 | $17.31 | $25.84 |
| 2018 | $66.28 | $85.78 | $0.00 | $9.97 | $52.58 |
| 2019 | $87.09 | $89.51 | $0.89 | $7.60 | $42.52 |
| 2020 | $108.16 | $111.32 | $12.84 | $0.00 | $124.89 |
| 2021 | $119.82 | $94.32 | $12.37 | $18.99 | $136.06 |
| 2022 | $91.75 | $71.23 | $7.49 | $0.00 | $33.90 |
| 2023 | $135.43 | $122.18 | $2.86 | $0.00 | $45.38 |
| 2024 | $168.33 | $145.98 | $2.98 | $0.00 | $125.51 |
| 2025 | $164.78 | $144.85 | $4.09 | $0.00 | $87.98 |
AI valuation
Our deep-learning model estimates Intercontinental Exchange, Inc.'s (ICE) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $144.85
- Current price
- $154.75
- AI upside
- -6.4%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$70.46
-54.47% upside
Graham-Dodd
—
— upside
Graham Formula
$87.98
-43.15% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| ICE | Intercontinental Exchange… | $154.75 | 93.58B | -6% | -54% | — | -43% | 27.93 | 3.25 | 7.45 | 16.68 | 134.84 | -5.51 | 61.88% | 38.74% | 26.14% | 11.92% | 8.17% | 2.44% | 0.70 | 6.27 | 1.02 | 0.08 | 2.93 | 2071.00% | 746.00% | 205.00% | 4.56% | 0.06 | 9.27% | 1.17% | 32.80% | 3.09% | 22.63 | 25.83 | 8.77 | 0.96 |
| BAM | Brookfield Asset Manageme… | $46.75 | 75.38B | +2% | +22% | -71% | +2% | 30.59 | 8.55 | 15.51 | 25.41 | 145.02 | 8.55 | 93.17% | 57.57% | 51.59% | 40.93% | 33.76% | 23.22% | 0.33 | — | 0.00 | 0.35 | 0.44 | 2109.00% | 2315.00% | -10000.00% | 0.00% | 0.00 | 0.00% | 0.00% | 0.00% | 0.00% | 27.42 | — | 15.79 | 7.15 |
| BK | The Bank of New York Mell… | $119.10 | 83.05B | -24% | +14% | -64% | -51% | 15.17 | 1.90 | 2.15 | -8.69 | 54.66 | 3.41 | 50.62% | 17.99% | 14.14% | 12.96% | -4.93% | 1.25% | 0.76 | 0.34 | 0.70 | 0.70 | -11.68 | 2776.00% | -78.00% | -76202.00% | 6.15% | 0.02 | -4.57% | 2.00% | 30.40% | 56.26% | -10.29 | -14.03 | -1.85 | 0.10 |
| BNS | The Bank of Nova Scotia | $75.75 | 94.39B | +216% | +13% | -78% | +787% | 16.20 | 1.45 | 1.72 | 43.06 | — | 1.78 | 44.25% | 14.36% | 10.64% | 9.17% | 2.05% | 0.54% | 5.80 | 0.29 | 0.12 | 0.12 | 36.16 | -290.00% | 14820.00% | -6663.00% | 4.03% | 0.01 | 1.34% | 4.68% | 75.70% | 5.39% | 49.63 | 103.08 | 7.13 | -0.59 |
| CME | CME Group Inc. | $319.50 | 114.86B | -52% | -49% | -67% | -50% | 29.03 | 4.09 | 18.01 | 20.33 | 188.40 | -74.66 | 86.09% | 64.86% | 62.02% | 14.65% | 11.81% | 2.41% | 0.12 | 32.61 | 0.00 | 0.03 | -0.18 | 1541.00% | 637.00% | 1892.00% | 3.64% | 0.03 | 15.69% | 0.00% | 0.00% | 1.31% | 27.49 | 27.19 | 17.83 | -0.45 |
| COIN | Coinbase Global, Inc. | $175.85 | 47.42B | -7% | -42% | -63% | -53% | 38.23 | 3.26 | 6.71 | 24.55 | — | 5.22 | 74.64% | 19.99% | 17.55% | 10.05% | 14.79% | 4.83% | 0.53 | 16.81 | 2.34 | 1.57 | -1.92 | -5306.00% | 940.00% | -510.00% | 5.04% | 0.28 | 30.20% | 0.00% | 0.00% | 1.64% | 30.72 | 18.17 | 6.14 | 3.11 |
| MCO | Moody's Corporation | $477.59 | 84.68B | -18% | -30% | — | -52% | 33.95 | 20.59 | 10.82 | 22.46 | 158.61 | -19.97 | 68.15% | 44.77% | 31.86% | 64.55% | 31.43% | 15.69% | 1.81 | 18.28 | 1.74 | 1.50 | 1.26 | 2140.00% | 889.00% | 214.00% | 3.08% | 0.97 | 29.78% | 0.84% | 28.50% | 3.33% | 25.58 | 34.32 | 11.45 | 7.26 |
| MFG | Mizuho Financial Group, I… | $8.87 | 109.55B | -49% | +18% | -39% | -10% | 8.85 | 1.01 | 1.22 | -8.64 | 28.79 | 1.09 | 41.79% | 13.84% | 10.30% | 11.51% | -11.15% | 0.42% | 5.83 | 0.24 | 0.39 | 0.39 | -8.31 | 3072.00% | 947.00% | -35589.00% | -39.57% | -0.02 | 52.27% | 2.89% | 25.60% | 3.87% | -10.14 | 2.90 | -1.40 | -0.48 |
| MMC | Marsh & McLennan Companie… | $182.70 | 89.82B | +12% | -31% | — | -30% | 28.05 | 8.54 | 4.66 | 19.25 | 324.96 | -7.70 | 42.78% | 23.78% | 16.60% | 31.80% | 15.31% | 7.77% | 1.64 | 8.31 | 1.13 | 0.49 | 2.81 | 863.00% | 757.00% | 375.00% | 3.50% | 0.22 | 13.97% | 1.33% | 37.30% | 2.12% | 22.92 | 33.45 | 5.45 | 3.05 |
| NDAQ | Nasdaq, Inc. | $87.58 | 50.01B | -11% | -58% | — | -33% | 28.13 | 4.11 | 6.12 | 18.98 | 46.81 | -5.81 | 47.93% | 28.36% | 21.77% | 15.26% | 9.35% | 5.82% | 0.81 | 26.49 | 1.01 | 0.22 | 2.91 | 6010.00% | 1105.00% | 1484.00% | 3.96% | 0.28 | 9.56% | 1.20% | 33.60% | 2.74% | 25.47 | 29.84 | 7.22 | 2.55 |
| NU | Nu Holdings Ltd. | $14.98 | 72.38B | +125% | +3,767% | -65% | +95% | 25.59 | 6.50 | 4.62 | 24.39 | 56.86 | 7.14 | 44.85% | 24.36% | 18.07% | 30.30% | 28.60% | 4.59% | 3.34 | 0.84 | 0.40 | 0.40 | 6.81 | 4500.00% | 4299.00% | 28226.00% | 11.58% | 0.24 | 84.64% | 0.00% | 0.00% | 0.00% | 25.03 | 11.39 | 6.10 | 0.85 |
About Intercontinental Exchange, Inc.
Intercontinental Exchange, Inc., together with its subsidiaries, operates regulated exchanges, clearing houses, and listings venues for commodity, financial, fixed income, and equity markets in the United States, the United Kingdom, the European Union, Singapore, Israel, and Canada. It operates through three segments: Exchanges, Fixed Income and Data Services, and Mortgage Technology. The company operates marketplaces for listing, trading, and clearing an array of derivatives contracts and financial securities, such as commodities, interest rates, foreign exchange, and equities, as well as corporate and exchange-traded funds; trading venues, including 13 regulated exchanges and 6 clearing houses; and offers futures and options products for energy, agricultural and metals, financial, cash equities and equity, over-the-counter, and other markets, as well as listings and data and connectivity services. It also provides fixed income data and analytic, fixed income execution, CDS clearing, and other multi-asset class data and network services. In addition, the company offers proprietary and comprehensive mortgage origination platform, which serves residential mortgage loans; closing solutions that provides customers connectivity to the mortgage supply chain and facilitates the secure exchange of information; data and analytics services; and Data as a Service for lenders to access data and origination information. Intercontinental Exchange, Inc. was founded in 2000 and is headquartered in Atlanta, Georgia.
- CEO
- Jeffrey C. Sprecher
- Employees
- 12.84K
- Beta
- 1.03
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($70.46 ÷ $154.75) − 1 = -54.47% (DCF, example).