Intercontinental Exchange (ICE) FCF Margin (2013 - 2026)
Intercontinental Exchange (ICE) reported FCF Margin of 42.39% for Q1 2026, up 677.0% on a YoY basis from 5.46% in Q1 2025, and up 9.18% quarter-over-quarter from 38.83% in Q4 2025.
Intercontinental Exchange (ICE) FCF Margin (2013 - 2026) Analysis & Trends
Intercontinental Exchange has reported FCF Margin for 14 years, with the latest figure at 42.39% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin rose 677.0% year-over-year to 42.39%; the trailing twelve-month figure through Mar 2026 stood at 42.17% (up 327.0% YoY), and the FY2025 full-year result was 33.93%, down 231.0% from the prior year.
- FCF Margin for Q1 2026 stood at 42.39%, up from 38.83% in the prior quarter.
- The five-year high for FCF Margin was 117.58% in Q4 2023, with the low at 28.45% in Q3 2024.
- Historically, FCF Margin has averaged 45.23% across 5 years, with a median of 38.83% in 2025.
- Annual changes were most pronounced in 2022 — FCF Margin tumbled 840329 bps — and 2023, when it soared 5723 bps.
- Intercontinental Exchange's FCF Margin stood at 60.35% in 2022, then soared by 95 bps to 117.58% in 2023, then sank by 61 bps to 45.28% in 2024, then dropped by 14 bps to 38.83% in 2025, then gained by 9 bps to 42.39% in 2026.
- The last three FCF Margin figures came in at 42.39% (Q1 2026), 38.83% (Q4 2025), and 33.51% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 122.27 Bn | 125.38 Bn | 2.94 Bn | 24.21% |
| 2 | Cme | 88.49 Bn | 88.49 Bn | 1.83 Bn | 65.85% |
| 3 | Moodys | 79.74 Bn | 78.38 Bn | 1.55 Bn | 40.60% |
| 4 | Intercontinental Exchange | 76.18 Bn | 74.71 Bn | - | 42.39% |
| 5 | Nasdaq | 46.59 Bn | 45.91 Bn | 1.41 Bn | 29.43% |
| 6 | Coinbase Global | 43.23 Bn | 42.70 Bn | 1.33 Bn | 12.93% |
| 7 | Msci | 42.63 Bn | 42.25 Bn | 765.10 Mn | 33.00% |
| 8 | Cboe Global Markets | 26.37 Bn | 24.20 Bn | 728.90 Mn | 152.48% |
| 9 | TransUnion | 12.50 Bn | 11.93 Bn | 726.20 Mn | 1.53% |
| 10 | Factset Research Systems | 8.21 Bn | 7.92 Bn | 314.28 Mn | 30.39% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 42.39% |
| Dec 31, 2025 | 38.83% |
| Sep 30, 2025 | 33.51% |
| Jun 30, 2025 | 54.27% |
| Mar 31, 2025 | 35.62% |
| Dec 31, 2024 | 45.28% |
| Sep 30, 2024 | 28.45% |
| Jun 30, 2024 | 47.73% |
| Mar 31, 2024 | 32.92% |
| Dec 31, 2023 | 117.58% |
| Sep 30, 2023 | 29.85% |
| Jun 30, 2023 | 61.18% |
| Mar 31, 2023 | 31.07% |
| Dec 31, 2022 | 60.35% |
| Sep 30, 2022 | 33.52% |
| Jun 30, 2022 | 40.03% |
| Mar 31, 2022 | 36.28% |
| Dec 31, 2021 | 8,463.64% |
| Sep 30, 2021 | 17.87% |
| Jun 30, 2021 | 40.02% |