Intercontinental Exchange (ICE) FCF Margin (2013 - 2026)
Intercontinental Exchange posted quarterly FCF Margin of 42.39% for Q1 2026, up 677.0% year-on-year from 5.46% in Q1 2025, and up 9.18% on a QoQ basis from 38.83% in Q4 2025.
Intercontinental Exchange (ICE) has 14 years of FCF Margin data on file, last reported 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.
- Across five years, FCF Margin topped out at 117.58% in Q4 2023 and bottomed at 28.45% in Q3 2024.
- The 5-year median for FCF Margin is 38.83% (2025), against an average of 45.23%.
- The widest annual swing landed in 2022, when FCF Margin sank 840329 bps; it then soared 5723 bps in 2023.
- A 5-year view of FCF Margin shows it stood at 60.35% in 2022, then jumped by 95 bps to 117.58% in 2023, then plunged by 61 bps to 45.28% in 2024, then declined by 14 bps to 38.83% in 2025, then advanced 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 | 126.06 Bn | 129.16 Bn | 2.94 Bn | 24.21% |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | 65.85% |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | 42.39% |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | 40.60% |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | 29.43% |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | 12.93% |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | 33.00% |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | 152.48% |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | 1.53% |
| 10 | Factset Research Systems | 9.06 Bn | 8.78 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% |
| Mar 31, 2021 | 27.09% |
| Dec 31, 2020 | 58.47% |
| Sep 30, 2020 | 26.29% |
| Jun 30, 2020 | 61.22% |
| Mar 31, 2020 | 22.51% |
| Dec 31, 2019 | 54.85% |
| Sep 30, 2019 | 36.68% |
| Jun 30, 2019 | 52.16% |
| Mar 31, 2019 | 49.45% |
| Dec 31, 2018 | 59.33% |
| Sep 30, 2018 | 35.00% |
| Jun 30, 2018 | 53.53% |
| Mar 31, 2018 | 43.76% |
| Dec 31, 2017 | 56.02% |
| Sep 30, 2017 | 24.08% |
| Jun 30, 2017 | 38.22% |
| Mar 31, 2017 | 49.66% |
| Dec 31, 2016 | 60.81% |
| Sep 30, 2016 | 31.08% |
| Jun 30, 2016 | 39.06% |
| Mar 31, 2016 | 49.05% |
| Dec 31, 2015 | 52.46% |
| Sep 30, 2015 | 3.62% |
| Jun 30, 2015 | 24.98% |
| Mar 31, 2015 | 38.47% |
| Dec 31, 2014 | 71.00% |
| Sep 30, 2014 | 4.78% |
| Jun 30, 2014 | 33.38% |
| Mar 31, 2014 | 60.24% |
| Dec 31, 2013 | 17.54% |
| Sep 30, 2013 | -12.62% |
| Jun 30, 2013 | 56.18% |
| Mar 31, 2013 | 40.06% |