Intercontinental Exchange (ICE) EV to FCF (2013 - 2026)
Intercontinental Exchange's (ICE) quarterly EV to FCF came in at 35.73 in Q2 2026, down 51.74% on a YoY basis from 74.05 in Q2 2025, and down 50.31% quarter-over-quarter from 71.92 in Q1 2026.
Analysis
Intercontinental Exchange (ICE) EV to FCF (2013 - 2026) Analysis & Trends
Intercontinental Exchange (ICE) has reported EV to FCF for 14 consecutive years, with 35.73 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to FCF fell 51.74% year-over-year to 35.73; the trailing twelve-month figure through Jun 2026 stood at 13.23 (down 43.34% YoY), and the FY2025 full-year result was 21.31, up 6.83% from the prior year.
- EV to FCF declined to 35.73 in Q2 2026 per ICE's latest filing, from 71.92 in the prior quarter.
- Across five years, EV to FCF topped out at 117.21 in Q3 2025 and bottomed at 167.32 in Q3 2022.
- Historically, EV to FCF has averaged 5.15 across 5 years, with a median of 19.71 in 2024.
- The sharpest annual moves came in 2022 and 2025: EV to FCF plunged 336.18% in 2022, then surged 2959.69% in 2025.
- Over 5 years, EV to FCF stood at 87.72 in 2022, then jumped by 192.03% to 80.73 in 2023, then dropped by 23.88% to 61.45 in 2024, then rose by 25.23% to 76.95 in 2025, then plunged by 53.56% to 35.73 in 2026.
- According to Business Quant data, EV to FCF over the past three periods registered 35.73, 71.92, and 76.95 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cme | 99.04 Bn | 99.04 Bn | 1.65 Bn |
| 2 | Intercontinental Exchange | 88.45 Bn | 86.50 Bn | - |
| 3 | Nasdaq | 53.21 Bn | 52.49 Bn | 1.50 Bn |
| 4 | Cboe Global Markets | 30.51 Bn | 28.12 Bn | 731.60 Mn |
| 5 | Tradeweb Markets | 21.83 Bn | 19.78 Bn | - |
| 6 | Marketaxess Holdings | 5.75 Bn | 5.46 Bn | - |
| 7 | Miami International Holdings | 4.08 Bn | 3.41 Bn | 141.11 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 35.73 |
| Mar 31, 2026 | 71.92 |
| Dec 31, 2025 | 76.95 |
| Sep 30, 2025 | 117.21 |
| Jun 30, 2025 | 74.05 |
| Mar 31, 2025 | 112.74 |
| Dec 31, 2024 | 61.45 |
| Sep 30, 2024 | 111.60 |
| Jun 30, 2024 | -2.66 |
| Mar 31, 2024 | 3.68 |
| Dec 31, 2023 | 80.73 |
| Sep 30, 2023 | -24.93 |
| Jun 30, 2023 | -26.94 |
| Mar 31, 2023 | -84.68 |
| Dec 31, 2022 | -87.72 |
| Sep 30, 2022 | -167.32 |
| Jun 30, 2022 | -130.83 |
| Mar 31, 2022 | -128.24 |
| Dec 31, 2021 | -75.45 |
| Sep 30, 2021 | -93.23 |