Intercontinental Exchange (ICE) EV to EBITDA (2013 - 2026)
Intercontinental Exchange's (ICE) EV to EBITDA stood at 9.58 in Q2 2026, down 42.3% from 16.60 a year earlier and down 24.0% from the prior quarter.
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Analysis
Intercontinental Exchange (ICE) EV to EBITDA (2013 - 2026) Analysis & Trends
On a TTM basis, Intercontinental Exchange's EV to EBITDA came in at 8.96 as of Jun 30, 2026, down 43.8% year-over-year; for FY2025, it came in at 13.93, down 3.2% from FY2024.
- Across earlier years, EV to EBITDA came in at 14.39 in FY2024 (-1.9%), 14.67 in FY2023 (+23.3%), 11.90 in FY2022 (-30.3%) and 17.08 in FY2021 (+0.7%).
- The Q2 2026 figure is the lowest quarterly EV to EBITDA in data going back to Q4 2013.
- On a year-over-year basis, EV to EBITDA has declined for four consecutive quarters, with an average decline of 3.8% over the last eight quarters.
- Peak year-over-year performance for EV to EBITDA in the last five years was growth of 25.7% in Q1 2024, against a decline of 42.3% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 12.60 (Q1 2026), 13.93 (Q4 2025) and 15.01 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cme | 109.34 Bn | 97.67 Bn | - |
| 2 | Bank of New York Mellon | 103.32 Bn | 36.94 Bn | - |
| 3 | Intercontinental Exchange | 97.84 Bn | 90.74 Bn | - |
| 4 | Robinhood Markets | 73.91 Bn | 53.45 Bn | - |
| 5 | Nasdaq | 60.30 Bn | 57.74 Bn | 1.48 Bn |
| 6 | State Street | 47.09 Bn | 47.09 Bn | - |
| 7 | Cboe Global Markets | 37.14 Bn | 27.62 Bn | 712.20 Mn |
| 8 | Interactive Brokers | 35.28 Bn | 11.58 Bn | - |
| 9 | Northern Trust | 32.35 Bn | 32.35 Bn | - |
| 10 | Tradeweb Markets | 26.89 Bn | 18.69 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.49 |
| Jun 30, 2026 | 9.57 |
| Mar 31, 2026 | 12.60 |
| Dec 31, 2025 | 13.93 |
| Sep 30, 2025 | 15.00 |
| Jun 30, 2025 | 16.60 |
| Mar 31, 2025 | 16.24 |
| Dec 31, 2024 | 14.39 |
| Sep 30, 2024 | 16.01 |
| Jun 30, 2024 | 14.41 |
| Mar 31, 2024 | 15.20 |
| Dec 31, 2023 | 14.67 |
| Sep 30, 2023 | 12.98 |
| Jun 30, 2023 | 12.59 |
| Mar 31, 2023 | 12.10 |
| Dec 31, 2022 | 11.90 |
| Sep 30, 2022 | 10.57 |
| Jun 30, 2022 | 11.16 |
| Mar 31, 2022 | 16.07 |
| Dec 31, 2021 | 17.08 |
API Access
Intercontinental Exchange EV to EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=ICE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "ICE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=ICE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();