CBOE vs ICE vs VRSK Stock Comparison

Cboe Global Markets, Intercontinental Exchange and Verisk Analytics Prices as of Oct 28, 2026 Peers: Industry group
VRSK Verisk Analytics, Inc.
$189.80 +13.1% 1M -18.2% 1Y
Market cap
$24.70B
P/E
28.0x
Revenue (TTM)
$3.14B
Div. yield
1.03%
Financial Data and Analytics Financial Services
1 win

Head to Head

12 decided of 12

Intercontinental Exchange leads on 6 of the 12 questions below (Intercontinental Exchange 6, Cboe Global Markets 5, Verisk Analytics 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCBOEICEVRSKLeader
Larger companyMarket capitalisation $33.54B $87.55B $24.70B ICE
Cheaper on earningsLower P/E, profitable companies only 24.9x 21.8x 28.0x ICE
Cheaper on forward earningsLower price / next fiscal year consensus EPS 24.2x 18.0x 23.8x ICE
Faster revenue growthRevenue growth, trailing twelve months +11.7% +6.9% +5.0% CBOE
More profitableNet margin, trailing twelve months 26.6% 30.1% 28.2% ICE
Better return on capitalReturn on invested capital 18.1% 8.5% 31.9% VRSK
Less leveragedLower net debt / EBITDA -0.5x 2.6x 2.3x CBOE
Higher dividend yieldTrailing dividend yield 0.94% 1.31% 1.03% ICE
Better 1-year returnPrice return, last 12 months +34.5% -0.8% -18.2% CBOE
Better 5-year returnAnnualised price return, 5 years +19.5%/yr +2.4%/yr -2.0%/yr CBOE
Less volatileAnnualised volatility, 1 year 36.1% 25.8% 37.5% ICE
Higher overall scoreMean of the five percentile scores vs peers 70/100 55/100 56/100 CBOE

Percentile Scorecard

CBOEICEVRSK

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCBOEICEVRSK
Valuation 55 #44 of 96 62 #37 of 96 32 #645 of 941
Growth 70 #20 of 65 45 #36 of 65 48 #333 of 636
Profitability 97 #3 of 65 86 #10 of 65 97 #21 of 612
Financial Health 82 #17 of 92 35 #60 of 92 33 #467 of 693
Shareholder Returns 46 #21 of 38 49 #20 of 38 71 #206 of 706
Overall 70 55 56
  • CBOE ranked among 110 companies in Capital Markets
  • ICE ranked among 110 companies in Capital Markets
  • VRSK ranked among 1,003 companies in Financial Services

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCBOEICEVRSKSPY
1 month +26.7%+2.0%+13.1% +0.9%
3 months +4.3%+1.1%-11.0% +5.9%
6 months +5.0%-0.1%+0.9% +8.5%
Year to date +27.8%-3.6%-15.2% +13.3%
1 year +34.5%-0.8%-18.2% +12.4%
3 years +98.9%+49.0%-15.2% +88.1%
3 years, per year +25.8%+14.2%-5.4% +23.5%
5 years +143.1%+12.7%-9.7% +68.2%
5 years, per year +19.5%+2.4%-2.0% +11.0%
10 years +407.2%+191.3%+133.3% +263.4%
10 years, per year +17.6%+11.3%+8.8% +13.8%

Risk

MeasureCBOEICEVRSKSPY
Volatility, 1Y 36.1%25.8%37.5% 12.7%
Downside volatility, 1Y 39.4%27.5%39.3% 12.7%
Beta vs S&P 500, 1Y -0.430.16-0.48 1.00
Return / volatility, 1Y 0.95-0.03-0.49 0.98
Max drawdown, 5Y -36.9%-35.1%-51.2% -25.4%
From 52-week high -12.5%-10.9%-18.2% -0.9%
52-week high $366.70$175.10$232.13 $779.14
52-week low $231.51$122.91$156.84 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCBOEICEVRSK
P/E now vs peer median 24.9xmedian 30.1x 21.8xmedian 30.1x 28.0xmedian 12.9x
P/S now vs peer median 6.6xmedian 3.0x 6.5xmedian 3.0x 7.9xmedian 3.2x
EV/EBITDA now vs peer median 17.4xmedian 14.1x 15.0xmedian 14.1x 16.6xmedian 7.5x
P/FCF now vs peer median 17.9xmedian 15.8x 17.2xmedian 15.8x 20.0xmedian 10.8x
P/B now vs peer median 6.0xmedian 2.4x 3.0xmedian 2.4x -20.8xmedian 1.2x
PEG now vs peer median 0.89median 0.54 0.65median 0.54 1.12median 0.87

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCBOEICEVRSK
Revenue $5.06B $13.43B $3.14B
Gross profit $2.74B – $2.20B
Operating income $1.76B $5.47B $1.38B
Net income $1.35B $4.10B $885.50M
Free cash flow $1.87B $5.08B $1.24B
EPS (diluted) $12.84 $7.13 $6.77
Cash & equivalents $2.28B $1.07B $551.40M
Total debt $1.44B $19.85B $11.77B
Shares (diluted) 104.90M 566.00M 130.85M
Enterprise value $25.19B $81.36B $19.34B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCBOEICEVRSK
P/E 24.9x 21.8x 28.0x
P/FCF 17.9x 17.2x 20.0x
P/Operating cash flow 17.1x 15.9x 16.4x
P/S 6.6x 6.5x 7.9x
P/B 6.0x 3.0x -20.8x
P/Tangible book 7.6x 5.9x -16.4x
EV/EBITDA 17.4x 15.0x 16.6x
EV/EBIT 18.6x 19.3x 20.8x
EV/Revenue 6.4x 7.9x 9.1x
EV/FCF 17.4x 20.8x 23.1x
EV/Operating cash flow 16.6x 19.1x 19.0x
PEG (3Y EPS CAGR) 0.89 0.65 1.12

Growth

14 metrics
MetricCBOEICEVRSK
Revenue growth (1Y) 11.7% 6.9% 5.0%
Revenue CAGR (3Y) 9.1% 11.9% 6.9%
Gross profit growth (1Y) 23.9% – 6.2%
Gross profit CAGR (3Y) 14.2% – 8.3%
Operating income growth (1Y) 35.2% 16.4% 4.8%
Operating income CAGR (3Y) 21.5% 13.9% 6.6%
Net income growth (1Y) 50.2% 34.1% -3.3%
Net income CAGR (3Y) 27.6% 33.1% 20.7%
EPS growth (1Y) 50.5% 36.6% 3.7%
EPS CAGR (3Y) 28.1% 33.3% 25.0%
Operating cash flow growth (1Y) 4,740% 13.1% 21.1%
Operating cash flow CAGR (3Y) 52.5% 14.9% 11.4%
Free cash flow growth (1Y) 1,757% 13.9% 21.2%
Free cash flow CAGR (3Y) 55.8% 14.1% 14.6%

Profitability

14 metrics
MetricCBOEICEVRSK
Gross margin 54.1% – 70.2%
EBITDA margin 37.1% 52.3% 55.0%
Operating margin 34.7% 40.7% 43.9%
Pretax margin 37.4% 39.7% 37.0%
Net margin 26.6% 30.1% 28.2%
FCF margin 37.0% 37.8% 39.4%
Operating cash flow margin 38.8% 41.1% 47.9%
Return on equity 24.6% 13.9% –
Return on assets 12.5% 2.3% 19.5%
Return on invested capital 18.1% 8.5% 31.9%
Return on capital employed 24.9% 9.7% 40.1%
Asset turnover 0.5x 0.1x 0.7x
Cash conversion (OCF / net income) 1.5x 1.3x 1.7x
Stock comp / revenue 1.1% 2.0% 1.8%

Financial Health

11 metrics
MetricCBOEICEVRSK
Debt / assets 13.6% 11.4% 99.5%
Debt / equity 0.3x 0.7x -3.8x
Net debt / EBITDA -0.5x 2.6x 2.3x
Debt / FCF 0.8x 3.9x 3.6x
Liabilities / assets 47.0% 83.0% 126.4%
Equity / assets 53.0% 17.0% -26.4%
Interest coverage 33.1x 6.8x 7.0x
Current ratio 1.6x 1.0x 1.0x
Quick ratio 0.8x 0.0x 0.9x
Cash ratio 0.6x 0.0x 0.5x
Altman Z-score 5.85 0.73 6.85

Shareholder Returns

7 metrics
MetricCBOEICEVRSK
Dividend yield 0.9% 1.3% 1.0%
Net buyback yield 0.2% 2.3% 7.6%
Shareholder yield 1.2% 3.6% 8.6%
Payout ratio (earnings) 22.4% 27.8% –
Payout ratio (FCF) 16.2% 22.5% –
Dividend growth (1Y) 14.1% 6.1% –
Dividend CAGR (3Y) – 8.3% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCBOEICEVRSK
Forward P/E 24.2xFY2026 18.0xFY2026 23.8xFY2026
EPS, next fiscal year $13.28FY2026 $8.69FY2026 $7.97FY2026
EPS growth, next FY +24.5%FY2026 +25.0%FY2026 +11.3%FY2026
EPS growth, the year after +6.9% -3.2% +5.1%
Revenue, next fiscal year $2.99BFY2026 $10.54BFY2026 $3.33BFY2026
Revenue growth, next FY +23.2%FY2026 +6.1%FY2026 +8.6%FY2026
Revenue growth, the year after +4.9% +16.0% +6.7%
CBOE estimates →ICE estimates →VRSK estimates →

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCBOEICEVRSK
Held by institutions 88.4% 92.5% 97.6%
Institutions holding 985 1,653 953
Change in shares held, QoQ +1.2% +1.4% -0.4%
Institutions buying 523 735 487
Institutions selling 342 694 349
Buyers to sellers 1.53 1.06 1.40
CBOE holders →ICE holders →VRSK holders →

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CBOEICEVRSK
CBOE 1.00 0.32 0.17
ICE 0.32 1.00 0.39
VRSK 0.17 0.39 1.00

Add a Peer

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Plot all 9 Exchanges stocks → Plot all 30 Financial Data and Analytics stocks →

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Frequently Asked Questions

Which is bigger, CBOE, ICE and VRSK?

Intercontinental Exchange (ICE) is the largest by market capitalisation: Cboe Global Markets (CBOE) $33.54B, Intercontinental Exchange (ICE) $87.55B, Verisk Analytics (VRSK) $24.70B.

Which stock is cheaper, CBOE, ICE and VRSK?

Intercontinental Exchange (ICE) trades on the lowest price-to-earnings ratio (Cboe Global Markets (CBOE) 24.9x, Intercontinental Exchange (ICE) 21.8x, Verisk Analytics (VRSK) 28.0x). On next year's consensus earnings, Intercontinental Exchange (ICE) is cheapest (Cboe Global Markets (CBOE) 24.2x, Intercontinental Exchange (ICE) 18.0x, Verisk Analytics (VRSK) 23.8x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Cboe Global Markets (CBOE) grew revenue fastest over the trailing twelve months: Cboe Global Markets (CBOE) +11.7%, Intercontinental Exchange (ICE) +6.9%, Verisk Analytics (VRSK) +5.0%.

Which company is more profitable?

Intercontinental Exchange (ICE) has the highest net margin (Cboe Global Markets (CBOE) 26.6%, Intercontinental Exchange (ICE) 30.1%, Verisk Analytics (VRSK) 28.2%). On return on invested capital, Verisk Analytics (VRSK) leads (Cboe Global Markets (CBOE) 18.1%, Intercontinental Exchange (ICE) 8.5%, Verisk Analytics (VRSK) 31.9%).

Which stock has performed better?

Over the past year Cboe Global Markets (CBOE) returned the most: Cboe Global Markets (CBOE) +34.5%, Intercontinental Exchange (ICE) -0.8%, Verisk Analytics (VRSK) -18.2%. Over five years, Cboe Global Markets (CBOE) compounded fastest (Cboe Global Markets (CBOE) +19.5%/yr, Intercontinental Exchange (ICE) +2.4%/yr, Verisk Analytics (VRSK) -2.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Intercontinental Exchange (ICE) has the highest dividend yield: Cboe Global Markets (CBOE) 0.94%, Intercontinental Exchange (ICE) 1.31%, Verisk Analytics (VRSK) 1.03%.

Which stock is riskier?

By one-year price volatility, Intercontinental Exchange (ICE) has been the steadiest (Cboe Global Markets (CBOE) 36.1%, Intercontinental Exchange (ICE) 25.8%, Verisk Analytics (VRSK) 37.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CBOE, ICE and VRSK?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Intercontinental Exchange (ICE) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.